How to Day Trade for a Living: A Beginner’s Guide to Trading Tools and Tactics, Money Management, Discipline and Trading Psychology (Stock Market Trading and Investing)

I've read hundreds of trading books and have been active in the stock market for over 30 years. I continue to read trading books to see what other traders say about their own experiences in the market. Good trading books are worth their weight in gold if they give you just a few lessons that increase your profits or decrease your losses.Day trading is a specialized endeavor that requires an edge in the market and the speed of execution, risk management, and discipline to stick with your strategy. New-day traders can get into trouble quickly and lose much money when they lack any of these in their approach. Realizing your need for more knowledge on the subject is the first step; the second step is to study.Andrew Aziz's "How to Day Trade for a Living: A Beginner's Guide to Trading Tools and Tactics, Money Management, Discipline, and Trading Psychology." is the best introductory book on day trading I have come across. Its steady top ranking in book sales and amount of positive reviews confirm this. This concise, no, fluff 384-page new expanded 2022 edition of the book covers all the topics a new trader will need to know without being overwhelmed with the things that aren't important. The writing style is to the point and not dull as it gets to the point and moves to the next lesson. It isn't full of anecdotes or too many personal stories. The book is a focused master class on what you need to know to day trade.Day trading is a professional pursuit, and you must take it seriously. The author of the book is clear that day trading takes work. This is not a get-rich-quick book; it's an educational one. Most people who try day trading lose money because they need proper education, practice, and skills. The author emphasizes that consistent success requires skill acquisition over time, and treating day trading as a serious business is crucial. This is a realistic approach that can lead to future success.The lifestyle and rewards of successful day trading can be pretty enticing: working from home, having no boss, no coworkers, income based on performance, and taking time off when desired. A proficient day trader can earn more in a day than a week at a job. However, achieving this success requires dedication to education, practice, and applying the strategies and principles outlined in the book. Andrew focuses the reader on the journey of becoming a profitable day trader. He gives you what you need, from trading setups and strategies to risk management and the right mindset.He explains that success comes from properly educating oneself and diligently practicing strategies in a simulator for at least three months before trading with real money. He also goes into the details, like hotkeys and how to find the stocks in play for day trading. The book is filled with screenshots, and he goes step by step.The book teaches all the general principles of day trading, risk management, money management, various strategies, discipline, and trading psychology. It also offers a step-by-step process for those who wish to become successful day traders.While the book is an excellent introduction to day trading, the author also provides free introductory access to his trading community, where one can watch him trade, receive advice, and learn from other traders. This book is the manual for the full day trading education he provides, and you can continue your journey to his more advanced books or learn to day trade directly from his service. However, this book is the one to start with and what I recommend to new traders that ask me about day trading books.The author's passion for teaching and trading shines throughout the books, and he genuinely wants to help others succeed in day trading. Andrew is very friendly and social in real life. You can even catch his traveling adventures on social media, where he lives the dream of day trading and visiting amazing places around the world.In summary, "How to Day Trade for a Living" offers valuable insights and a clear path to understanding and engaging in day trading. Whether or not one ultimately decides to pursue day trading seriously as a profession, this book serves as a solid foundation for making an informed decision. This is the first book an aspiring day trader should read in my opinion.

Just finished reading this book and what a great read. Let me try and logically break the review down into the following areas:a) Content: as my title suggests this is probably the best book that one can pick up to understand the basics of day trading. The terminology of traders as well as a 101 Level view of tools and techniques is very aptly articulated that does not confuse. I will recommend anyone interested in this area to read this book (and I am sure sections on planning / programming your trading journey and psychology would benefit even seasoned traders who are stuck in a bit of rut).b) Structure: Andrew has used structured the book well using brevity and epigrammatical simple language to explain super complex subject matter. I personally loved the fact that it almost provides a very pragmatic blueprint for starting the journey to experiment with day trading. My only small suggested revisions would be to perhaps front load some of the definitions like support and resistance levels (they get explained late when Andrew explains the strategy).c) Value: for an extremely small amount, the value that this book provides is INSANE. I am very interested in markets and want to foray into trading and so glad picked this as my introduction book as it is really really good building foundational knowledge (much cheaper than other alternatives available on the market). I know some reviews on the internet feel, its a bit of funnel to bearbull trading community, but i feel there is nothing wrong with that. NOWHERE does Andrew say his forum is the best and he provides consistent knowledge that is agnostic of his community.d) EXTRA: There was an example problem for which Andrew had provided his email for solution validation. I developed a solution and sent the same to Andrew, in a matter of minutes he responded and gave me access to a simulator his team has developed. I really appreciate this level of customer / reader obsession.PS I have actually purchased the sequel i.e. Advanced Techniques in Day Trading

The book was very insightful. It was written with the intent to help. It provides valuable resources and tips. The book is designed for beginners, but sometimes moves past that. The examples will quickly overpower a novice. The book is written mostly as a philosophy in day trading , with many examples. There is little provided in foundational trading knowledge.The market is a mystery to most and this book removes a portion of that. It is a tough read at times because I considered it to be over technical.Overall a great book and I would recommend getting it. It is true book not a mini Amazon micro brochure. If you are interested in knowing more about trading and the market, buy it. The author did a good job.