Day Trading for Beginners
Make Winning Trades Using Simple and Proven Trading Strategies in the Financial Markets Today with Zero Trading Experience Required
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Day Trading for Beginners
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Narrated by:
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Curtis Wright
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By:
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A.Z Penn
About this listen
Only 10% of day traders succeed. But if you take day trading seriously and put the work in, you could be one of them - and make great returns while limiting the risks you run.
Many people are tempted by the idea of day trading their way to wealth. The majority of them crash and burn, because they're not adequately prepared. But there's nothing stopping you joining the greats of trading history, like George Soros who made billions trading against the Bank of England, or James Simons, a math professor who designed his own quantitative trading system and ended up a billionaire.
Look at broker eToro's top trader list and you'll see people like you who have traded their way to success. Traders like:
- Jepp Kirk Bonde, who started in 2013 and makes a 31% return.
- Heloise Greffe, now a full-time trader who uses machine learning to refine her trades.
- Or you might look at Steve Cohen who day traded his way to $17 billion net worth, making $10 million a year.
And you could join them too!
But 90 percent of day traders fail. They fail because they make six big mistakes:
- They don't evaluate the risk/reward ratio of each trade.
- They bet the bank, instead of limiting each trade to a smaller percentage of their capital.
- They don't have the discipline to exit a losing trade, and don't use price targets or stop losses.
- They let their emotions run away with them.
- They don't spend time creating solid trading rules and back-testing the rules to make sure they work.
- They don't focus on the investments that give them the best opportunity of a profitable trade.
Even if you've never listened to a trading audiobook, you will understand how to become a successful day trader.
So if you want to understand how to make a lifestyle from day trading, then you should listen to this audiobook!
©2024 A.Z Penn (P)2024 A.Z PennListeners also enjoyed...
What listeners say about Day Trading for Beginners
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Overall5 out of 5 stars
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Performance5 out of 5 stars
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Story5 out of 5 stars
- Brian S. Mahoney
- 01-08-24
A Comprehensive Guide to Day Trading Success
"Day Trading for Beginners" by A.Z. Penn is a thorough and accessible introduction to the world of day trading, perfect for those with zero trading experience. The book covers everything from understanding financial markets and trading assets to employing effective strategies and managing risk. Each chapter builds on the previous one, offering practical advice and insights that are easy to follow. Penn's clear explanations and step-by-step guidance make this an invaluable resource for anyone looking to start their journey in day trading.
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Overall5 out of 5 stars
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Performance5 out of 5 stars
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- Saya
- 24-08-24
Clear explanations
I'm completely new to trading, but this book gave me all the basics. It breaks down complex concepts into easy-to-understand steps, making it perfect for beginners like me. How it emphasized the critical mistakes that many traders make, such as poor risk management and emotional trading was so helpful to avoid any easy to fix mistakes. The strategies provided are not only clear but actionable, giving me the confidence to start thinking about my own trading plan!
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Overall5 out of 5 stars
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- Aplin2007
- 27-08-24
VERY INFORMATIVE & PRACTICAL!
This audiobook is a must-listen for anyone serious about day trading! It demystifies the complexities of trading with clear, actionable advice and real-world examples. I felt empowered and confident, learning how to avoid common pitfalls and manage risks effectively. The practical strategies and straightforward explanations made it easy to understand, even as a beginner. If you're ready to take trading seriously and aim for success, this is the guide you need!
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1 person found this helpful
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Overall5 out of 5 stars
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- Anshul Mathur
- 23-08-24
Excellent book for day traders
I found this excellent audiobook for specially for those new to the world of trading, like me. It breaks down complex concepts into simple, actionable strategies that are easy to follow, even with zero prior experience. The author offers practical insights on how to make winning trades and navigate the financial markets with confidence. The narration is clear and engaging, making it accessible for beginners. A great starting point for anyone interested in learning the essentials of day trading.
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Overall5 out of 5 stars
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- LC
- 04-08-24
Successful Day Trading Blueprint
This audiobook offers the tools to be in the top 10% of day traders. Learn from trading legends like George Soros and James Simons. It explains key pitfalls like improper risk assessment and emotional trading. With real-life success stories and practical strategies, this book provides a roadmap to profitable day trading. It's ideal for beginners and seasoned traders looking to refine their skills. It's a must-listen for aspiring day traders.
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Overall5 out of 5 stars
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- Armando L Guevara
- 03-08-24
A Great Guide for Beginners
Very glad that I came across this book. I’m extremely new to the market and found this to be a great place to start my day trading journey. In this easy to digest audiobook, the author breaks down complex subjects into digestible bite sized chunks for listeners to follow along and learn this skill. Tons of strategies, lessons, and stories to help understand market concepts and the world of trading.
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Overall5 out of 5 stars
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- Silvia Bustamante
- 29-09-24
A Guide to Starting Your Day Trading Journey
This audiobook provides an excellent introduction to the world of day trading, particularly for novices looking to get their feet wet in financial markets. The audiobook format makes the complex subject more digestible, with clear explanations and a steady pace that is easy to follow.
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Overall5 out of 5 stars
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- Axel Lewis
- 04-08-24
Perfect Starting Point for Aspiring Traders!
I recently picked up this book to dip my toes into the world of day trading, and it’s been an invaluable resource. The concepts are explained in a way that's easy to understand, even for someone like me with zero trading experience. The strategies are straightforward and actionable, giving me the confidence to start making trades. I appreciate the real-life examples that make it relatable and practical. It's a must-read for anyone curious about day trading and looking for a solid foundation. If you're new to trading and want to learn the basics, this book is a great starting point!
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Overall4 out of 5 stars
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- Christine Shariat
- 28-08-24
Learned a lot
This guide is a great starting point for anyone curious about the world of day trading. As someone with minimal experience, I've bee overwhelmed on where to start and how navigate through all the advice and tips that are out there. I like that this guide provides a realistic look at both the potential rewards and the common pitfalls, with plenty of practical strategies to help you avoid the mistakes many new traders make. The examples of successful traders were both helpful inspiring, and the emphasis on risk management gave me confidence to start my own trading journey. Overall I learned a lot I will use
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Overall5 out of 5 stars
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- A. A
- 27-08-24
Your Perfect Guide For Day Trading
Day trading can be scary, especially when you don't understand the market and how to manoeuvre your way around it. As the author explains, 90% of traders lose out and burn. The many real-life examples and the pitfalls that led to many failures such as letting their emotions get the better of them or not being able to properly evaluate risks, help to put it all in perspective. It gives a good understanding of the financial market and asset trading, making you better equipped to manage your risk. The audiobook is beginner-friendly as it is very explicit and straight to the point.
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