⭐ ⭐ ⭐ ⭐ ⭐ Best Day Trading Book for the Beginners
Andrew's book is the best starting point to learn about trading stocks. After two years of knowing Andrew, Bear Bull Traders and his book, I highly recommend them.
Professor of Finance, Northern Michigan University
⭐ ⭐ ⭐ ⭐ ⭐ A Classic on Day Trading
Andrew represents everything you would want out of a leader. He has given so much to many people by creating Bear Bull Traders. Thanks to this initiative thousands have become empowered, which otherwise would have been much harder, and this has generated a win-win situation for thousands of day traders. This is in essence one, if not, the most important quality in a leader, to be able to find opportunities to generate value for everyone involved.
⭐ ⭐ ⭐ ⭐ ⭐ MostComprehensive Book on Active Trading
I highly recommend Andrew Aziz, Andrew's book (How to Day Trade for a Living) and the Bear Bull Traders online trading community (which Andrew founded and leads) for anyone interested in day trading. Andrew gives lie to the old George Bernard Shaw maxim, "He who can does; he who cannot, teaches" as Andrew certainly can, definitely does, and is also a very effective teacher who sincerely wishes to contribute to the success of others, not only through education per se but also via his curation of a community of traders whose synergies work to the benefit of all. The foregoing is effected with aplomb, charisma, the occasional dash of humor and augmented by a top-notch team of moderators in the Bear Bull Traders chat room, all of whom have their own individual trading styles and who are excellent traders and teachers in their own right. Really good, really helpful, stuff here.
Macro Economist, Market Strategist, Analyst, Equity and Bond Trader
From the Author
Day trading is not gambling. It's not an online poker game. To be successful at day trading you need the right tools and you need to be motivated, to work hard, and to persevere.
At the beginning of my trading career, a pharmaceutical company announced some positive results for one of its drugs and its stock jumped from $1 to over $55 in just two days. Two days! I was a beginner at the time. I was the amateur. I purchased 1,000 shares at $4 and sold them at over $10. On my very first beginner trade, I made $6,000 in a matter of minutes.
It was pure luck. I honestly had no idea what I was doing. Within a few weeks I had lost that entire $6,000 by making mistakes in other trades. I was lucky. My first stupid trade was my lucky one. Other people are not so lucky. For many, their first mistake is their last trade because in just a few minutes, in one simple trade, they lose all of the money they had worked so hard for. With their account at zero, they walk away from day trading.
As a new day trader you should never lose sight of the fact that you are competing with professional traders on Wall Street and other experienced traders around the world who are very serious, highly equipped with advanced education and tools, and most importantly, committed to making money.
Day trading is not gambling or a hobby. You must approach trading very, very seriously. As such, I wake up early, go for a run, take a shower, get dressed, eat breakfast, and fire up my trading station before the markets open in New York. I am awake. I am alert. I am motivated when I sit down and start working on the list of stocks I will watch that day. This morning routine has tremendously helped my mental preparation for coming into the market. Whatever your routine is, starting the morning in a similar fashion will pay invaluable dividends.
Rolling out of bed and throwing water on your face 15 minutes before the opening bell just does not give you sufficient time to be prepared for the market's opening. Sitting at your computer in your pajamas or underwear does not put you in the right mindset to attack the market. I know. I've experienced all of these scenarios.
In How to Day Trade for a Living, I will show you how you too can take control over your life and have success in day trading on the stock market. I love teaching. It's my passion. In this book, I use simple and easy to understand words to explain the strategies and concepts you need to know to launch yourself into day trading on the stock market. This book is definitely NOT a difficult, technical, hard to understand, complicated and complex guide to the stock market. It's concise. It's practical. It's written for everyone. You can learn how to beat Wall Street at its own game.