New PDF release: Financial Freedom Through Electronic Day Trading

By Van Tharp, Brian June

ISBN-10: 0071362959

ISBN-13: 9780071362955

A growing number of traders are getting into the high-risk international of digital day trading—often earlier than they’ve discovered the elemental ideas and safeguards. monetary Freedom via digital Day buying and selling combines Van Tharp’s mastery of buying and selling psychology with Brian June’s nuts-and-bolts services to offer day investors the confirmed ideas and data they should live to tell the tale and be triumphant.
From little-known day buying and selling entries and exits to ideas that foster profitable attitudes and types, those useful rules may help readers advance their very own custom-made buying and selling platforms. the right blend of mental practise and hands-on perform, it discusses:
*Market research from an afternoon buying and selling viewpoint
*Techniques for deciding on a industry maker’s place
*The top day buying and selling software program

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Extra info for Financial Freedom Through Electronic Day Trading

Example text

It’s a wild opening today, but Steve is rather calm as he takes another sip of his Colombian blend. Already over 5 million shares have traded. “Phenomenal volume today,” Steve muses. He realizes that with the “good” news out on Intel today, he may have only a small window of opportunity to cover his short. m. Two minutes later and some profit taking starts to come in. Some of the people who have held Intel over the weekend are now beginning to sell, and the market makers are more than willing to sell right along with the profit takers.

Steve has just made one tremendous trade; in fact, it’s the best single trade he’s made in the past few trading sessions. Steve knows that other traders are going to be watching Intel very closely right now. He knows the market makers on this stock like the back of his hand, and he knows they’re going to be watching $139 to see if Intel can make a new intraday high. He believes that the market makers will try to run through the high, especially since the S&P futures are holding up. “Swing traders and position traders love to buy these ‘new daily high’ breakouts,” he reminds himself.

You’ll develop a new mission with an emphasis on how trading fits your life. Next you’ll gain some insight into your personal attributes—especially the ones that relate to trading. ” But, remember, there are many different styles of EDAT. Choosing one that is consistent with your personality can make the difference between relaxed, profitable trading and a tortured, losing experience. With a clear idea of where you are as a trader (through selfassessment), you need a vehicle to move you to where you’d like to be (as stated in your mission).

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Financial Freedom Through Electronic Day Trading by Van Tharp, Brian June


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