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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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...
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El autor estaba en bancarrota, en solo dos años y medio se convirtió en millonario y construyó una de las más grandes firmas de consultoría para el éxito. Con sus enseñanzas ha tocado la vida de millones de personas. Este audiolibro te enseña a observar como piensas. Es un reto a tus ideas que te limitan, a los razonamientos que no te apoyan y a tus acciones con respecto al dinero.
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El libro está bien, pero ES VERSION RESUMIDA
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Plan Your Year Like a Millionaire
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Feel Good Book, only
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One star for every point this 5 hour book makes.
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Excellent!
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You Need to buy Book to get key info
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Not For YOU!
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Five Star Book, two Star Audiobook
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What listeners say about Day Trading for Beginners
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- Mr. J Murray
- 08-02-24
Start Making Winning Trades with Confidence!
This audiobook stands out for its strategies for helping beginners spot trading opportunities and make informed choices. Penn provides insights and tips backed by real-life examples and case studies that make the content relatable and actionable.
The engaging narration and clear explanations make listening to this audiobook an experience, whether commuting or unwinding at home. The pacing is just right, allowing listeners to grasp the information at their own pace.
In summary, "Day Trading, for Beginners" is a resource for individuals embarking on their day trading journey.
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- Chika Njoku
- 08-20-24
Enjoyed It!!!!
I enjoyed listening and learning from this audiobook.This is your crash course to navigating the financial markets with confidence, even if you've never made a trade before. The audiobook breaks down the complexities of day trading into simple, proven strategies that can set you on the path to success. With practical advice on avoiding common pitfalls and maximizing your gains, it's the perfect starting point for anyone serious about mastering the art of day trading.
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- Charles H
- 08-17-24
Feel Like I'm Actually Ready to Begin
With the wild swings in the market, and the allure of making a quick million, I've tried many times to enter into trading with little to no success. Like just throwing money in the trash. After listening to this, I feel like this time it's going to be different. I've got a stronger foundation and it pinpointed many of the mistakes that I was making before. These strategies will help me build the experience and comfort to really begin focusing on day trading. Pick this up if you want to actually start getting somewhere in your trades!
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- Donesa
- 07-31-24
Great Resource
As I am interested in this subject, I needed to have a better understanding of it. The author has written this book in a clear and precise manner so that all beginners can comprehend. Included are charts and graphs for easier understanding. Truly a great resource that I will refer to as I endeavor to give this a try.
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- Evie
- 08-19-24
Clear Trading Insights
Listening to "Day Trading for Beginners" was incredibly informative—A.Z. Penn’s straightforward strategies made the world of trading accessible even with no prior experience. The practical tips and clear explanations helped me feel confident about starting my trading journey.
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- Benjamin A. Kimball
- 08-28-24
Not just for beginners....
I've had some experience with day trading and even made some money. That doesn't mean I know everything and listening to this book helped me realize that there is a great deal to the world of day trading that I did not know and helped me see how much of an amateur I really was. Although written with sufficient detail and clarity for the beginner to get started, there is a lot there for all levels of experience. Just jump in where you are and ride it to the end.
That all being said, it also gave me the know how that I need to help my aging parents. Great job.
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- Matthew Henderson
- 08-21-24
Don’t miss this one!
When it comes to daytrading, we might start to feel overwhelmed and out of our depth because it is new to us and we just don’t know which steps to take to move forward. That’s why it’s so important for us to have to help us learn the ABC’s of daytrading. But how exactly can we know what we need to do? Learn more in this audiobook.
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- Prerna A
- 08-01-24
Amazing!
This audiobook provides a comprehensive and engaging guide for aspiring day traders, detailing the crucial steps needed to achieve success in the trading world. It not only highlights the stories of legendary traders like George Soros and James Simons but also offers practical insights into the common pitfalls that 90 percent of day traders face. The clear, actionable advice on risk management, discipline, and strategy development is invaluable for anyone looking to navigate the complexities of day trading. A must-listen for those serious about mastering the art of trading and avoiding the common mistakes that lead to failure.
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- Samsons Pride
- 08-22-24
Perfect for beginners
Day Trading for Beginners by A.Z. Penn is a highly accessible guide written in a clear and precise manner that even those new to trading can easily comprehend. Backed by real-life examples and case studies, the book offers valuable insights and tips, helping readers build a strong foundation in day trading while pinpointing common mistakes often made by beginners. This book is your crash course to navigating the financial markets with confidence, perfect for anyone seeking a practical introduction to Day Trading.
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- Hec888
- 08-18-24
A Clear Path to Day Trading Success
This book offers valuable insights for anyone aiming to become a successful day trader by emphasizing discipline, strategy, and preparation. It highlights real-life examples of successful traders while pointing out the common mistakes that cause many to fail, such as not managing risk and letting emotions interfere with decisions. With a focus on creating strong trading rules and using tools like stop losses and price targets, the book helps readers understand how to improve their chances of success. Even if you're new to trading, the straightforward advice makes it easy to grasp the fundamentals and start your journey toward profitable day trading.
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