Day Trading Stocks the Wall Street Way

Informationen zum Autor JOSH DIPIETRO is a professional day trader who started out in 1998, over seventeen years ago making the rounds at private equity trading floors in the Financial District of Manhattan. He is the author of The Truth About Day Trading Stocks , as well as numerous articles, all of which support his passion for educating tomorrow's trader. Josh operates his online trading room and coaching program, where he can be reached at www.EmailDayTraderJosh.com and www.DayTraderJosh.com or at 1399 9th Avenue #1211 San Diego, CA 92101. Klappentext Avoid bogus trading systems, learn from a real day trader, and make consistent profits day trading stocksDay Trading Stocks the Wall Street Way: A Proprietary Disclosure on Intra-Day Trading and Swing Trading Equities provides a real-world guide to successful day trading, and gives you the tools, techniques, and tested, reliable methods you need to trade like the pros. Written by a seventeen-year day trading veteran, this guide talks you down from the industry hype to give you a realistic grounding in self-discipline, consistency, and patience while teaching you the hard skills you need to have a real chance of success.Avoid losses by swerving from the typical beginner's path of seminars, software, and major brokerage houses, and instead develop the insights that lead to real, long-term profits. With an engaging and humorous tone, the author relates his own experiences and lessons learned to teach you the do's, the don'ts, and the ingredients for success. You'll discover Josh DiPietro's FUSION TRADING SYSTEM--a proven method developed from years of reliability testing. He'll show you how intra-day setups and swing trading setups can be merged to develop a perfect trade.The surest path to failure and tremendous financial loss begins with the over-eager, overly optimistic amateur trader who sees day trading as a quick and easy path to wealth. This book gives you a much more realistic outlook, and the fundamentals you need to make the most of the market. Get an honest perspective on real-world day trading Gain the wisdom of experience and avoid common pitfalls* Learn the framework to Josh Dipietro's profitable FUSION TRADING SYSTEMA poorly defined trading approach will cost you more money than you will make, rendering your day trading venture a potentially damaging net loss. Day Trading Stocks the Wall Street Way: A Proprietary Disclosure on Intra-Day Trading and Swing Trading Equities teaches you the avoidance of loss, the discipline, and the transparent strategies of success, so you can play the market to win. Zusammenfassung Avoid bogus trading systems! learn from a real day trader! and make consistent profits day trading stocksDay Trading Stocks the Wall Street Way: A Proprietary Disclosure on Intra-Day Trading and Swing Trading Equities provides a real-world guide to successful day trading! and gives you the tools! techniques! and tested! reliable methods you need to trade like the pros. Written by a seventeen-year day trading veteran! this guide talks you down from the industry hype to give you a realistic grounding in self-discipline! consistency! and patience while teaching you the hard skills you need to have a real chance of success.Avoid losses by swerving from the typical beginner's path of seminars! software! and major brokerage houses! and instead develop the insights that lead to real! long-term profits. With an engaging and humorous tone! the author relates his own experiences and lessons learned to teach you the do's! the don'ts! and the ingredients for success. You'll discover Josh DiPietro's FUSION TRADING SYSTEM--a proven method developed from years of reliability testing. He'll show you how intra-day setups and swing trading setups can be merged to develop a perfect trade.The surest path to failure and tremendous financial loss begins with the over-eager! overly optimistic...

Auteur

JOSH DIPIETRO is a professional day trader who started out in 1998, over seventeen years ago making the rounds at private equity trading floors in the Financial District of Manhattan. He is the author of The Truth About Day Trading Stocks, as well as numerous articles, all of which support his passion for educating tomorrow's trader. Josh operates his online trading room and coaching program, where he can be reached at www.EmailDayTraderJosh.com and www.DayTraderJosh.com or at 1399 9th Avenue #1211 San Diego, CA 92101.

Texte du rabat

Avoid bogus trading systems, learn from a real day trader, and make consistent profits day trading stocks Day Trading Stocks the Wall Street Way: A Proprietary Disclosure on Intra-Day Trading and Swing Trading Equities provides a real-world guide to successful day trading, and gives you the tools, techniques, and tested, reliable methods you need to trade like the pros. Written by a seventeen-year day trading veteran, this guide talks you down from the industry hype to give you a realistic grounding in self-discipline, consistency, and patience while teaching you the hard skills you need to have a real chance of success. Avoid losses by swerving from the typical beginner's path of seminars, software, and major brokerage houses, and instead develop the insights that lead to real, long-term profits. With an engaging and humorous tone, the author relates his own experiences and lessons learned to teach you the do's, the don'ts, and the ingredients for success. You'll discover Josh DiPietro's FUSION TRADING SYSTEM--a proven method developed from years of reliability testing. He'll show you how intra-day setups and swing trading setups can be merged to develop a perfect trade. The surest path to failure and tremendous financial loss begins with the over-eager, overly optimistic amateur trader who sees day trading as a quick and easy path to wealth. This book gives you a much more realistic outlook, and the fundamentals you need to make the most of the market. Get an honest perspective on real-world day trading Gain the wisdom of experience and avoid common pitfalls * Learn the framework to Josh Dipietro's profitable FUSION TRADING SYSTEM A poorly defined trading approach will cost you more money than you will make, rendering your day trading venture a potentially damaging net loss. Day Trading Stocks the Wall Street Way: A Proprietary Disclosure on Intra-Day Trading and Swing Trading Equities teaches you the avoidance of loss, the discipline, and the transparent strategies of success, so you can play the market to win.

Contenu

Author's Note xi

Three Essential Prerequisites xiii

Introduction xv

Discovering Day Trader Josh xxv

Acknowledgments xxxvii

Part I Mastering Your Mindset Before You Absorb the System by Day Trader Josh 1

Lesson 1 Control of Emotions and Mastery of Focus 3

Lesson 2 How Overconfidence Can Destroy Your Trade 6

Lesson 3 Dealing with Your Impatience 8

Lesson 4 Knowing When to Stop Trading 10

Lesson 5 Risk Management: Buying Power versus Capital 12

Lesson 6 Avoiding Overexposure to Market Risk 15

Lesson 7 Budgeting Your Way to Profitability 18

Lesson 8 A Realistic Look at Stop-Loss 20

Lesson 9 Day Trading Is Not Gambling 23

Lesson 10 Consistency Rules! 26

Lesson 11 News versus Noise 28

Lesson 12 When It Comes to Averaging Down, Amateurs Beware! 31

Lesson 13 What Stocks to Trade and Why 33

Lesson 14 Picking the Right Online Broker 38

Part II Day Trader Josh's Intra-day Trading Methodology 43

Chapter 1 Basic Procedure 45

The Best Stocks to Trade with My System 45

Additional Reasons Why You Should Take Only 15 Cents on Each Trade 49

Chapter 2 Prior Price Levels and Newly Forming Intra-Day Levels 53

The Basics of One-Minute Candlestick Chart Reading 55

Get Your Daily Price Levels Logged and Organized 67

What to Do After You Have Your List of Daily High Price Levels and Daily Low Price Levels 68

Log Your…