How to Day Trade for a Living: A Beginner’s Guide to Trading Tools and Tactics, Money Management, Discipline and Trading Psychology (Stock Market Trading and Investing)

Paperback – July 28, 2016
382
English
9781535585958
9781535585958
27 Jul

In the book, I describe the fundamentals of day trading, explain how day trading is different from other styles of trading and investment, and elaborate on important trading strategies that many traders use every day. I've kept the book short so you can actually finish reading it and not get bored by the middle.

For beginner traders, this book gives you an understanding of where to start, how to start, what to expect from day trading, and how to develop your strategy. Simply reading this book, however, will not make you a profitable trader. Profit in trading does not come with reading a book or two or browsing online. It comes with practice, the right tools and software and appropriate ongoing education.

Intermediate traders may benefit from the book's extensive overview of some of the classic strategies that the majority of retail traders regularly use with proven success. If you think you are beyond the stage of a novice trader, then you may want to jump ahead and start reading from Chapter 7 for an overview of the most important day trading strategies:

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.


  • ABCD Pattern Trading

  • Bull Flag Momentum Trading

  • Top Reversal Trading

  • Bottom Reversal Trading

  • Moving Average Trend Trading

  • VWAP Trading

  • Support and Resistance Trading


  • For each strategy, I explain:

    1. How to find the Stock in Play for trade

    2. What indicators I am using on my charts

    3. When I enter the trade

    4. When I exit the trade (profit taking)

    5. What is my stop loss

    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. That's How to Day Trade for a Living.

    Reviews (204)

    READ THE BOOK FOUR YEARS AGO, AND I'VE BEEN A FULL-TIME TRADER EVER SINCE...

    *UPDATE (Originally reviewed in 2016/2017; this is my review as of 2020): I think the headline speaks for itself. About 5/6 years ago I was floundering about calling myself a "swing trader." I'd heard about "day-traders," but never really attempted to peek behind the curtain to see what "it" was all about. I decided to read a handful of books on the topic; a self-education of sorts. I read books written by some of the most "prominent" authors who regard themselves as Traders; William O'Neil, Toni Turner (phenomenal author), Peter Lynch, Ray Dalio, Mark Douglas, and a few others were part of my "education." All were informative for a guy like me, who -- at the time -- knew relatively nothing... One of the books I stumbled upon happened to be this book (How To Day Trade For A Living; Andrew Aziz). Andrew was the first author I'd read on the topic that cut through all the fluff and got straight to the point. I would, in essence, describe his book as a summary of all the other books combined; a little less "hefty" in the arena of details, but MORE powerful (presumably due to efficiency) to the reader as a result. More of a "guide to actually starting your trading journey," as opposed to the other books, which were more of a "hey, look how smart I can sound while rambling about irrelevant things necessary to become a trader." Anyways... One of the things this author (Aziz) did in his book was offer a link to his website and chatroom. Initially, I figured it was just a sales-pitch to rope me in to a perpetual revenue stream (for him), but I decided to take the bait. I was really committed, so I wanted to see what "it" (day trading) was really about; and if it took visiting a website and/or chatroom, well -- so be it (I guess). I think it's important to mention that I've read too many books on the topic to keep track of (probably about 30, or so), and MOST of the authors on trading/day-trading/swing-trading ALSO include links to their websites. Frankly, after I learned to put my skepticism aside, I realized that NOT including a supplemental resource (such as website) was doing the reader LESS of a service than the other way around. I digress... My first impression with the "chat room" was "this ain't for me!" lol... I think my interpretation/assumption of what a "chatroom" would entail wasn't what I got. Instead, I saw a guy with a few charts and scanners, telling people when he was entering/exiting trades, then spending a few minutes thereafter with us (the chat minions) discussing "why" he made certain decisions, and so on. I closed out the chat window, and didn't think about it again for a few weeks... ...and then I realized...after those few weeks...that I was still wandering about hopelessly, and that somebody (like Aziz) who was effectively pulling back the figurative curtain (on his day job), via a "chatroom," was EXACTLY what I needed. I stumbled back into the chatroom after that epiphany, and have been a full-time day-trader ever since... I don't visit chat very often these days, but I can say, unequivocally - and based on EXTENSIVE personal experience -- The book this guy (Aziz) wrote, the website he hosts to this day, and yes -- even his chatroom -- are ALL more valuable than 99% of would-be daytraders will probably ever realize. With all of that said, let me be very clear about this: I have been a full-time trader ever since reading his book, and frankly -- I genuinely believe reading his book was a catalyst to developing the trader I've become. Andrew gave me the down and dirty education via his book (without the fluff), a first-hand look into the world of day-trading (via his chat), and will ALWAYS be regarded as a "pillar" to the successes I've found in this world. I don't know any other way to put it: If you're looking to get involved with the world of trading/day-trading, read this book. You'll be glad you did... Have a great day everyone; stay humble; STAY GREEN!

    Do the work

    First after reading this book some people love it and some think it simple. Yes, it can be both. I found the book so simple that I was compelled to buy time in his chat room. My thought was, maybe it is just that simple or it could be something I’m missing and it’s actually complex. After a few sessions in the chat room watching someone monitor the market and listen to why buying and selling decisions are made, one way or the other, I decided to purchase three months time in a trading simulator exactly like the one used in the chatroom and connected with a feed just like the exchange floor. After 4 weeks of daily trading I became disciplined enough to start making smart trades and to get out of a trade properly. It’s a business. You are buying and selling a product. Reading this book, putting in training time and practicing your training is no different than any other profession. It’s all about knowing when to get in, when to stay, how long to stay and when to get out. We all know that a lot of business startup’s fail because they didn’t do their research on location and product offered. This is your opportunity to do the research on a specific type of day trading. I am opening my brokerage account and feel confident that I can make money doing this. When I say make money I’m talking 50K range not millions per year. And for those that don’t like this book because it seems “negative” that’s because it is compared to other books that put a nice pair of rose colored glasses on your face and tell you anyone can do this and how you will make millions. This book, the morning chat room, the simulator are all real world and a lot of potential traders lose money because they don’t put in the time before they put in their money. Be smart and learn to do it properly first….or you could just send me your money and save yourself some grief. This is what I consider to be a successful trade. I did my research in the morning before the market opened, this was one of my selected stocks for the day, spent time in the chatroom, we discussed trade possibility for the day, a list was compiled and based on all that information I shorted this stock for a quick $500 then got out for the day.

    Grammatically Impossible to Read

    I’m not going to take the time to return this book, but It had a severely painful start. The incoherent writing structure and monotony made the read intolerable. I would usually read this anyway, but it was pure torture. The flow is terrible, and "breaks" your focus when it suddenly shifts or changes direction. Like reading a book written by a drunk investor that wants to brag about their money, and "drill" their ideas into your head. This book was utterly upsetting as I really would have liked to of had a book that taught the basic rules, software, and guidelines for navigating the trading process. Then maybe briefly discussed the Psychological and Technical aspect of determining which stock to buy. "HOW TO DAY TRADE FOR A LIVING" attempts to direct you to Aziz's trading network and lead beginners into the sheep's pen for slaughter. I apologize for the harshness, but this ruined my morning reading time so much I decided to spend the remainder of my reading time reviewing the book here. DO NOT BUY.

    Solid information for traders

    I'm a very experienced day trader of over 20 years. With the coming of HFT and other changes, it has been necessary to adjust my methodology. Scanning for stocks in play and trading unknown stocks is an approach I have resisted for my entire career but I think I have to go there now. I won't do it without a solid method/plan and a hard set of rules. I'm not too proud to look at a "beginner" book to figure out how to do this. This book is exceptional. It gave me what I wanted and I will build on the information using what I already know. The author is an engineer and being of a methodical/mechanical mindset myself, I was happy with the way he laid it all out. There is also good information on other topics for real beginners such as the importance of risk management, emotional control which are important. I will recommend this book to people who ask me how to begin day trading.

    mixed feelings

    I bought the book and signed up for his membership. I've had on and off success, but with my latest run I told myself I'd stop after a certain amount of loss. Well, I hit the loss. I'm okay not pursuing day trading any more even though I do love the thrill of it. Andrew is a great trader, but I do want to caveat a few things. Yes, I did "lose", so this review might be a little bit more on the negative side, but I feel like people don't hear about the negatives of day trading enough. Andrew is good at what he does, but I think his chatroom helps him succeed even more. First, he does show all his trades which is awesome. But as I participate in his chatroom, I wonder what kind of success rate he has. We all heard the stat that 97% of day traders fail. So, does Andrew beat that percentage? Is there a higher success rate with him? I've seen a lot of members come and go, and there are very few stick around. Brian seems like he's consistent, but seems like he trades with small share size and doesn't show his P/L. Carlos a year ago said he traded full time, but he slowly stopped posting recaps and when he did, the P/L was a lot lower than when he started off. P/L isn't everything, but no one posts consistently. He teaches day trading for a living, so I'd love to see some success stories. Other notable names are Robert H, William that I haven't seen for awhile. The newer guys like Thor or Aiman seem like they are doing well now, but no daily recaps and I have a suspicion they have really bad days as well. Which brings me to my final point. He denies this, and even comments about low float chatrooms, but his chatroom has the potential to change markets. Let's do some math. On a given morning there are ~700 members and only continuing to grow. Let's say half are live. I don't know the numbers, but let's say that's the case. All hypothetical, you can change it however you want. 350 are live. Let's say half of the the live folks follow his trades. 175 people. Half of those people (~87) take small share size, 200 shares. Comes out to 17,500 shares. Half of the remaining half (43) people take share size that can net them 100-200 dollars daily, 400 shares so another 17,500 shares. Again, these are on 20 -30 cent moves, scaling out. Now, there are 43 people left. Let's say 30 of them take 1000 shares, which can make 200-400 a day. 30,000 shares. Then the remaining 10 or so people take 2000 shares, which is still a lower amount then Andrew's buy in (he usually buys in AMD/MU w/ 4k shares). Another 20,000 shares. Total ends up at 85k shares, all after Andrew enters with his 4k position. All of them are hitting the ask, moving the price higher. Now, I think I went a bit conservative, but we can even take a lower number than that, 50k shares. Every time he enters a trade, he has 50k buying power right behind him. That makes a difference, right? This is all in a 1-2 minute span and depending on the Overall Volume for the 1 minute candle stick, it can be a big portion of it. I understand some 1 minute candle sticks are 500k. I also know that some candle sticks are 100k or 50k. Having people enter right after you will have a TREMENDOUS effect. If you watch closely at the Level 2, you can see the order flow and time/sales change after Andrew enters. That doesn't even account for all the other people outside his chatroom seeing the volume flow in. That also doesn't account for people who aren't following Andrew in the chatroom (but are in the chatroom) but see the same pattern he does without hearing the callout. I believe Andrew pushes patterns to come true, and other people follow. How many people are impacted by this indirectly? No idea. Now, is andrew a good trader? yes, he seems disciplined, able to read the market and jump out when needed. You will also often see the stock crash once he jumps out long lol. Do I think he could make a living if there was no chat room, yes. But I would love to see him for two weeks trade with no chatroom. Just post recaps. I could eat my own words. I still think that ~50k shares following him does help him a lot. Best of luck to new traders!

    “It ain’t what you don’t know that gets you in trouble.”

    Mark Twain once said "It ain't what you don't know that gets you in trouble. It's what you know for sure that just ain't so." I believe these words of wisdom apply to trading, as well as life in general. After doing some day trading and making a few nice profitable trades here and there, followed by a couple of losses that cut my profits in half, I remembered that quote by Twain and I had to admit to myself that many of the things I thought I knew about trading were wrong. I decided to visit Amazon to find a good introduction to the subject of day trading. There were so many books, most of them looked like they would take me weeks or months to study, and I wasn’t sure if I was prepared to take on that kind of learning curve. I’m not lazy, but I have a lot of other projects going on. Then I stumbled upon Andrew Aziz’s book “How to Day Trade for a Living: A beginner’s Tools and Tactics, Money Management, Discipline and Trading Psychology.” This book seemed to cover everything I was looking for, and with only in 232 pages; I felt I could handle that. I wasn’t looking for an encyclopedia on trading; I was looking for information on what day trading is, how to get started, and pitfalls to look out for. Based on the long title and the mostly positive reviews, I decided to go with this book. I am very glad I did. I should mention that I’ve not yet completed my first reading of the book; I’m taking my time to let the information sink in; that’s my preferred learning style. However, a bit more by half way through the book, I can say that I really enjoy this book a great deal. At first it was a little uncomfortable, because as a middle-aged finance professional with an MBA and many classes in finance and investing, I felt that I should know a lot more about day trading than I actually do. Well, the first thing I learned from Aziz’s book is that day trading and investing are very different subjects. I also learned that what I had been doing was not day trading, but “swing trading,” and that they are very different trading modalities that require different education and practice. By far, my most important take-away from this book is that day trading is not easy. The author of reinforces that point throughout the book. This is probably why 84% or so (depending on which study you read) of those of us who give day trading a try end up losing money. We think we can just jump in, get lucky, and make lots of money. We ignore the fact that having consistent success as a day trader requires skills that are usually only acquired through practice and over time. We like the making money part, but we don’t like the steep learning curve, so we start trading with no education, no practice, no skills. In other words, we dabble in day trading. Then, as often is the case, when we lose our trading capital (or most of it), we call it quits and blame day trading as being a sham. That’s the 84% of all traders. Of course, there’s nothing magical about the 85/15 or 80/20% rule; it just happens to be true in so many areas of life. If more “wanna-be day traders” would only be willing to educate themselves and approach day trading with the seriousness and respect it deserves, treat it as an actual business, they could be successful too! And then the ratio of successful day traders in these studies would probably increase by quite a few percentages. Maybe this will happen one day, I don’t know. I say probably not, because despite our amazing potential, human beings tend to be lazy, and very predictable. That’s why the 84% failure ratio for day traders is probably going to remain fairly constant. That doesn’t mean that an aspiring trader willing to humble themselves (a bit) and commit themselves (a lot) to learning the skills can’t be part of the 16% of successful traders! In the beginning of this book, the author talks a bit about the rewards of day trading, and why so many people pursue it. Successful day traders can work from home, make a very decent income, take time off when they want to, work from anywhere in the world with an internet connection. You have no boss to answer to; you’re basically your own CEO. I learned from this book that a successful trader who has acquired the necessary trading skills, strategies, tactics, money management, discipline and psychology can sometimes make between $500 to $1,000 per day, on average. That’s a lot of money. It translates into $120,000 to $240,000 per year, before taxes (assuming on average 20 trading days per month). The author mentions how he knows traders who consistently make $2,000 or more per trading day; but he does not hold himself out to be in that category. In fact, he admits to having lost money, and he still has losing days or streaks of losing days, but on average he is consistently profitable. The point I’m trying to make is that becoming a successful trader can be very rewarding, for someone willing to go through the learning curve and acquire the necessary skills and mindset. If the potential rewards of becoming a successful day trader is so great, and since it appears to be very doable, then why isn’t everyone day trading? I believe the author provides the answer in his 11 Rules of Day Trading. “Rule 2: Day trading is not easy. It is a serious business, and you should treat it as such.” If I understand the author correctly, the day traders who are making $500 to $1,000 profit are traders who have taken time to educate themselves and apply the strategies and principles outlined in the book. They have practiced in a simulator for at least 3 months, achieving a favorable ratio of profitable vs non-profitable trades before trading with real money. Then follows several months with “small trades” made with real money, because trading with real money is different from trading in a simulator. So even if you have a talent for day trading, it’s unlikely that you’ll be getting rich quickly. In addition to teaching the general principles of day trading, risk management, money management, several day trading strategies, discipline and trading psychology (very important!) this book also provides a step by step process for people who want to become successful day traders. The author says in the beginning of the book that the book is short on purpose; it allows the reader to understand the basics of day trading and enough information for someone to decide whether they want to pursue day trading as a profession. After reading about halfway through the book, I’ve decided that I would like to continue learning about day trading. Some of the sobering facts outlined in the book almost caused me to put it down. However, based on what I learned from this book, I do believe that becoming a successful day trader is indeed possible. Also, the potential rewards of acquiring the skills of day trading are a great motivation to me. Another reviewer expressed that they really liked the book, but that they had decided not to pursue day trading at this point. I really respect that reviewer, because it shows that the person was willing to read the book and find out what day trading is all about, before making an informed decision. This reviewer then for their own reasons decided not to pursue day trading at this time, but still took time to leave a favorable review of the book. I think that says a lot about a person’s attitude in life and toward learning. In fact, this was one of the reviews that contributed to my purchase decision. As for me, although I am committed to continue my studies of this book and taking the next steps to continue my education, I still don’t know for sure if I will eventually become a day trader and pursue this as a livelihood. After a few months of trading in a simulator, I might reach the same conclusion as the other reviewer who decided it was not for them. However, in my case I feel this is the right time in my life to learn a new set of skills; I find day trading very interesting, and I want to learn more. Not everyone is cut out for day trading, and there are so many factors that come into play. However, I feel I owe it to myself to at least continue to explore and learn more about the subject matter. If I don’t, I will be forever wondering if I made a mistake by not learning more. I’d also like to point out that although I think this book on its own is a great introduction to the subject of day trading, you are getting a lot more than just a book. The author invites you to join his trading community, where you can watch him trade and get trading advice and tips from other traders. You can find the website if you enter the author’s name in Google; the website will have a lot of information about the trading chat room and other day trading education resources. The trading chat room is no longer free, from what I understand all the participants in that community recently collectively decided that there should be a $30/month fee to cover the expenses of the chat/teaching platform. However, it is possible to sit in on several chat session for free by signing up for a 7 day free trial. Personally, I don’t have a problem with this, as I’ve been pitched $5,000 trading “academies” – week long courses that promised me I’d be profitable my first month in trading. Unfortunately, the day trading education industry is infested with vendors preying on people’s hopes and dreams, and many fall for such false promises. I feel that the author of this book is “the real deal.” I must admit that one of the questions I had initially was that if a person is good at day trading and making money with it, why would they teach others? That question was answered after I attended a couple of the author’s trading room chat sessions. It became very clear to me that the reason he’s conducting these training sessions is because he loves trading and he also loves to teach. I know, anybody can say that they love teaching others, but if that statement is actually true, then I believe it will shine through. With Andrew Aziz, it does shine through. In any case, I consider $30/month to participate in the chat room to be a very reasonable fee, and I feel that if I can’t afford that, then perhaps I shouldn’t be day trading at all. If you are joining the author’s trading room, I also recommend that you budget $120/month to cover the cost of trading in a DAS simulator, where you will “paper trade” for at least three months. So all in all, I budgeted $450 for my three month introductory education with this program. I believe that the simulator can be ordered separately from the chat room directly from DAS, but the simplest option is to order it all through the trading community web site. That way everything will be set up for you and you can participate in an on-boarding session where the author teaches you how to use the software. I am mentioning these costs because I think people who are considering joining this path to day trading education should know about the costs up front. No doubt, some people will conclude from my review that the book is just a bait for more expensive courses, and if these thoughts are going through your mind you should be aware that the main cost of this program goes to cover the DAS platform, which is separate from the author’s chat room. I did some quick math based on the number of people in the chat room, and concluded that monetary gain is definitely not his reason for conducting these training sessions. Finally, I will disclose that this is an unsolicited review and I’m not receiving any benefit from leaving it other than the satisfaction of knowing that perhaps I’ve helped another prospective day trader make an informed decision about whether or not to invest in this book. My advice is that if you’re not sure whether this book is for you, get the Kindle version. It’s only $3.75 and you can download and read it immediately. That’s what I did. However, I just purchased the paperback version of the book as well. I know that this is a book that I will be referring to often, and I like to be able to highlight sections and add my own notes. I hope some will find this review helpful, and whoever you are, I wish you the best of luck with your decisions about day trading!

    Andrew Aziz has a blueprint to make you a better Day Trader!!! Read this book 1st, then trade!!!

    This was my very first read as it pertains to day trading. I must say that after reading it, it's provided me the ability to see just how many flaws there were in my approach to day trading. I am a newer trader having started my journey only six months ago. This book showed me there were things that I have done right (broker, platform, computer, scans, education, & paper trading). That being said, this was the first opportunity to be exposed to what I was lacking (the discipline aspect of what a successful trader needs to do each and every day). Specifically, the planning and writing out a detailed approach before you enter a ticker. The book also cleared my head and reassured me that it was OK to focus on only one or two setups. This reassurance is exactly what I was missing and Andrew Aziz opened my eyes to it. His style of writing makes it very easy for the novice trader to follow along and make sense of the information. He doesn't sugar coat the complexities or obstacles that are part of the market. On the flip side, he provides you the blueprint on how to overcome these pitfalls and establish the level of confidence to make a living and thrive as a day trader. Of all the money I've spent getting myself ready to trade, the cost of this book, was the most valuable.

    Okay

    Read full review and summary of this book on my blog: imeducatingmyself.com/how-to-day-trade-for-a-living-tools-tactics-money-management-discipline-and-trading-psychology-book-review If you are interested in learning about Day Trading, then this book will help you with learning the basics when it comes to day trading; but it’s an introduction to a Day Trading, and you’ll definitely would need to learn a lot more if you’re planning to succeed. The book is short and it talks about basic things that you need to learn and follow. But, you need to keep things realistically and know that there’s no “magic formula”, or one book like this one that would help to become instantly profitable. You can read and learn as much as you can, but things change when actually start to trade; we all get burned and lose money in the market, the things is are you going to become smarter and find your way to recover from that losses. There are good tips shared in this book, I’m already trading, so I didn’t learn much new things. And, really the best advice shared in this book is being patient and watch the market, create a list in your area of interest and just learn – that’s the best advice (strategy) shared in this book, and it does apply the best. You don’t have to be in the market all the times, that’s the mistake that most of us do when first starting out.

    Terrible and unstructured

    First off, I saw so many typos it hurt my brain. Second, it literally barely explained how day trading worked. It’s mostly about his experience and how he trades. I wish he broke down the entire process.

    Useless book, not worth the penny.

    First some of the reviews of this book is fake even for verified purchases. This books is a junk and has lot of useless information. We can get all information online so why waste money for this book?

    READ THE BOOK FOUR YEARS AGO, AND I'VE BEEN A FULL-TIME TRADER EVER SINCE...

    *UPDATE (Originally reviewed in 2016/2017; this is my review as of 2020): I think the headline speaks for itself. About 5/6 years ago I was floundering about calling myself a "swing trader." I'd heard about "day-traders," but never really attempted to peek behind the curtain to see what "it" was all about. I decided to read a handful of books on the topic; a self-education of sorts. I read books written by some of the most "prominent" authors who regard themselves as Traders; William O'Neil, Toni Turner (phenomenal author), Peter Lynch, Ray Dalio, Mark Douglas, and a few others were part of my "education." All were informative for a guy like me, who -- at the time -- knew relatively nothing... One of the books I stumbled upon happened to be this book (How To Day Trade For A Living; Andrew Aziz). Andrew was the first author I'd read on the topic that cut through all the fluff and got straight to the point. I would, in essence, describe his book as a summary of all the other books combined; a little less "hefty" in the arena of details, but MORE powerful (presumably due to efficiency) to the reader as a result. More of a "guide to actually starting your trading journey," as opposed to the other books, which were more of a "hey, look how smart I can sound while rambling about irrelevant things necessary to become a trader." Anyways... One of the things this author (Aziz) did in his book was offer a link to his website and chatroom. Initially, I figured it was just a sales-pitch to rope me in to a perpetual revenue stream (for him), but I decided to take the bait. I was really committed, so I wanted to see what "it" (day trading) was really about; and if it took visiting a website and/or chatroom, well -- so be it (I guess). I think it's important to mention that I've read too many books on the topic to keep track of (probably about 30, or so), and MOST of the authors on trading/day-trading/swing-trading ALSO include links to their websites. Frankly, after I learned to put my skepticism aside, I realized that NOT including a supplemental resource (such as website) was doing the reader LESS of a service than the other way around. I digress... My first impression with the "chat room" was "this ain't for me!" lol... I think my interpretation/assumption of what a "chatroom" would entail wasn't what I got. Instead, I saw a guy with a few charts and scanners, telling people when he was entering/exiting trades, then spending a few minutes thereafter with us (the chat minions) discussing "why" he made certain decisions, and so on. I closed out the chat window, and didn't think about it again for a few weeks... ...and then I realized...after those few weeks...that I was still wandering about hopelessly, and that somebody (like Aziz) who was effectively pulling back the figurative curtain (on his day job), via a "chatroom," was EXACTLY what I needed. I stumbled back into the chatroom after that epiphany, and have been a full-time day-trader ever since... I don't visit chat very often these days, but I can say, unequivocally - and based on EXTENSIVE personal experience -- The book this guy (Aziz) wrote, the website he hosts to this day, and yes -- even his chatroom -- are ALL more valuable than 99% of would-be daytraders will probably ever realize. With all of that said, let me be very clear about this: I have been a full-time trader ever since reading his book, and frankly -- I genuinely believe reading his book was a catalyst to developing the trader I've become. Andrew gave me the down and dirty education via his book (without the fluff), a first-hand look into the world of day-trading (via his chat), and will ALWAYS be regarded as a "pillar" to the successes I've found in this world. I don't know any other way to put it: If you're looking to get involved with the world of trading/day-trading, read this book. You'll be glad you did... Have a great day everyone; stay humble; STAY GREEN!

    Do the work

    First after reading this book some people love it and some think it simple. Yes, it can be both. I found the book so simple that I was compelled to buy time in his chat room. My thought was, maybe it is just that simple or it could be something I’m missing and it’s actually complex. After a few sessions in the chat room watching someone monitor the market and listen to why buying and selling decisions are made, one way or the other, I decided to purchase three months time in a trading simulator exactly like the one used in the chatroom and connected with a feed just like the exchange floor. After 4 weeks of daily trading I became disciplined enough to start making smart trades and to get out of a trade properly. It’s a business. You are buying and selling a product. Reading this book, putting in training time and practicing your training is no different than any other profession. It’s all about knowing when to get in, when to stay, how long to stay and when to get out. We all know that a lot of business startup’s fail because they didn’t do their research on location and product offered. This is your opportunity to do the research on a specific type of day trading. I am opening my brokerage account and feel confident that I can make money doing this. When I say make money I’m talking 50K range not millions per year. And for those that don’t like this book because it seems “negative” that’s because it is compared to other books that put a nice pair of rose colored glasses on your face and tell you anyone can do this and how you will make millions. This book, the morning chat room, the simulator are all real world and a lot of potential traders lose money because they don’t put in the time before they put in their money. Be smart and learn to do it properly first….or you could just send me your money and save yourself some grief. This is what I consider to be a successful trade. I did my research in the morning before the market opened, this was one of my selected stocks for the day, spent time in the chatroom, we discussed trade possibility for the day, a list was compiled and based on all that information I shorted this stock for a quick $500 then got out for the day.

    Grammatically Impossible to Read

    I’m not going to take the time to return this book, but It had a severely painful start. The incoherent writing structure and monotony made the read intolerable. I would usually read this anyway, but it was pure torture. The flow is terrible, and "breaks" your focus when it suddenly shifts or changes direction. Like reading a book written by a drunk investor that wants to brag about their money, and "drill" their ideas into your head. This book was utterly upsetting as I really would have liked to of had a book that taught the basic rules, software, and guidelines for navigating the trading process. Then maybe briefly discussed the Psychological and Technical aspect of determining which stock to buy. "HOW TO DAY TRADE FOR A LIVING" attempts to direct you to Aziz's trading network and lead beginners into the sheep's pen for slaughter. I apologize for the harshness, but this ruined my morning reading time so much I decided to spend the remainder of my reading time reviewing the book here. DO NOT BUY.

    Solid information for traders

    I'm a very experienced day trader of over 20 years. With the coming of HFT and other changes, it has been necessary to adjust my methodology. Scanning for stocks in play and trading unknown stocks is an approach I have resisted for my entire career but I think I have to go there now. I won't do it without a solid method/plan and a hard set of rules. I'm not too proud to look at a "beginner" book to figure out how to do this. This book is exceptional. It gave me what I wanted and I will build on the information using what I already know. The author is an engineer and being of a methodical/mechanical mindset myself, I was happy with the way he laid it all out. There is also good information on other topics for real beginners such as the importance of risk management, emotional control which are important. I will recommend this book to people who ask me how to begin day trading.

    mixed feelings

    I bought the book and signed up for his membership. I've had on and off success, but with my latest run I told myself I'd stop after a certain amount of loss. Well, I hit the loss. I'm okay not pursuing day trading any more even though I do love the thrill of it. Andrew is a great trader, but I do want to caveat a few things. Yes, I did "lose", so this review might be a little bit more on the negative side, but I feel like people don't hear about the negatives of day trading enough. Andrew is good at what he does, but I think his chatroom helps him succeed even more. First, he does show all his trades which is awesome. But as I participate in his chatroom, I wonder what kind of success rate he has. We all heard the stat that 97% of day traders fail. So, does Andrew beat that percentage? Is there a higher success rate with him? I've seen a lot of members come and go, and there are very few stick around. Brian seems like he's consistent, but seems like he trades with small share size and doesn't show his P/L. Carlos a year ago said he traded full time, but he slowly stopped posting recaps and when he did, the P/L was a lot lower than when he started off. P/L isn't everything, but no one posts consistently. He teaches day trading for a living, so I'd love to see some success stories. Other notable names are Robert H, William that I haven't seen for awhile. The newer guys like Thor or Aiman seem like they are doing well now, but no daily recaps and I have a suspicion they have really bad days as well. Which brings me to my final point. He denies this, and even comments about low float chatrooms, but his chatroom has the potential to change markets. Let's do some math. On a given morning there are ~700 members and only continuing to grow. Let's say half are live. I don't know the numbers, but let's say that's the case. All hypothetical, you can change it however you want. 350 are live. Let's say half of the the live folks follow his trades. 175 people. Half of those people (~87) take small share size, 200 shares. Comes out to 17,500 shares. Half of the remaining half (43) people take share size that can net them 100-200 dollars daily, 400 shares so another 17,500 shares. Again, these are on 20 -30 cent moves, scaling out. Now, there are 43 people left. Let's say 30 of them take 1000 shares, which can make 200-400 a day. 30,000 shares. Then the remaining 10 or so people take 2000 shares, which is still a lower amount then Andrew's buy in (he usually buys in AMD/MU w/ 4k shares). Another 20,000 shares. Total ends up at 85k shares, all after Andrew enters with his 4k position. All of them are hitting the ask, moving the price higher. Now, I think I went a bit conservative, but we can even take a lower number than that, 50k shares. Every time he enters a trade, he has 50k buying power right behind him. That makes a difference, right? This is all in a 1-2 minute span and depending on the Overall Volume for the 1 minute candle stick, it can be a big portion of it. I understand some 1 minute candle sticks are 500k. I also know that some candle sticks are 100k or 50k. Having people enter right after you will have a TREMENDOUS effect. If you watch closely at the Level 2, you can see the order flow and time/sales change after Andrew enters. That doesn't even account for all the other people outside his chatroom seeing the volume flow in. That also doesn't account for people who aren't following Andrew in the chatroom (but are in the chatroom) but see the same pattern he does without hearing the callout. I believe Andrew pushes patterns to come true, and other people follow. How many people are impacted by this indirectly? No idea. Now, is andrew a good trader? yes, he seems disciplined, able to read the market and jump out when needed. You will also often see the stock crash once he jumps out long lol. Do I think he could make a living if there was no chat room, yes. But I would love to see him for two weeks trade with no chatroom. Just post recaps. I could eat my own words. I still think that ~50k shares following him does help him a lot. Best of luck to new traders!

    “It ain’t what you don’t know that gets you in trouble.”

    Mark Twain once said "It ain't what you don't know that gets you in trouble. It's what you know for sure that just ain't so." I believe these words of wisdom apply to trading, as well as life in general. After doing some day trading and making a few nice profitable trades here and there, followed by a couple of losses that cut my profits in half, I remembered that quote by Twain and I had to admit to myself that many of the things I thought I knew about trading were wrong. I decided to visit Amazon to find a good introduction to the subject of day trading. There were so many books, most of them looked like they would take me weeks or months to study, and I wasn’t sure if I was prepared to take on that kind of learning curve. I’m not lazy, but I have a lot of other projects going on. Then I stumbled upon Andrew Aziz’s book “How to Day Trade for a Living: A beginner’s Tools and Tactics, Money Management, Discipline and Trading Psychology.” This book seemed to cover everything I was looking for, and with only in 232 pages; I felt I could handle that. I wasn’t looking for an encyclopedia on trading; I was looking for information on what day trading is, how to get started, and pitfalls to look out for. Based on the long title and the mostly positive reviews, I decided to go with this book. I am very glad I did. I should mention that I’ve not yet completed my first reading of the book; I’m taking my time to let the information sink in; that’s my preferred learning style. However, a bit more by half way through the book, I can say that I really enjoy this book a great deal. At first it was a little uncomfortable, because as a middle-aged finance professional with an MBA and many classes in finance and investing, I felt that I should know a lot more about day trading than I actually do. Well, the first thing I learned from Aziz’s book is that day trading and investing are very different subjects. I also learned that what I had been doing was not day trading, but “swing trading,” and that they are very different trading modalities that require different education and practice. By far, my most important take-away from this book is that day trading is not easy. The author of reinforces that point throughout the book. This is probably why 84% or so (depending on which study you read) of those of us who give day trading a try end up losing money. We think we can just jump in, get lucky, and make lots of money. We ignore the fact that having consistent success as a day trader requires skills that are usually only acquired through practice and over time. We like the making money part, but we don’t like the steep learning curve, so we start trading with no education, no practice, no skills. In other words, we dabble in day trading. Then, as often is the case, when we lose our trading capital (or most of it), we call it quits and blame day trading as being a sham. That’s the 84% of all traders. Of course, there’s nothing magical about the 85/15 or 80/20% rule; it just happens to be true in so many areas of life. If more “wanna-be day traders” would only be willing to educate themselves and approach day trading with the seriousness and respect it deserves, treat it as an actual business, they could be successful too! And then the ratio of successful day traders in these studies would probably increase by quite a few percentages. Maybe this will happen one day, I don’t know. I say probably not, because despite our amazing potential, human beings tend to be lazy, and very predictable. That’s why the 84% failure ratio for day traders is probably going to remain fairly constant. That doesn’t mean that an aspiring trader willing to humble themselves (a bit) and commit themselves (a lot) to learning the skills can’t be part of the 16% of successful traders! In the beginning of this book, the author talks a bit about the rewards of day trading, and why so many people pursue it. Successful day traders can work from home, make a very decent income, take time off when they want to, work from anywhere in the world with an internet connection. You have no boss to answer to; you’re basically your own CEO. I learned from this book that a successful trader who has acquired the necessary trading skills, strategies, tactics, money management, discipline and psychology can sometimes make between $500 to $1,000 per day, on average. That’s a lot of money. It translates into $120,000 to $240,000 per year, before taxes (assuming on average 20 trading days per month). The author mentions how he knows traders who consistently make $2,000 or more per trading day; but he does not hold himself out to be in that category. In fact, he admits to having lost money, and he still has losing days or streaks of losing days, but on average he is consistently profitable. The point I’m trying to make is that becoming a successful trader can be very rewarding, for someone willing to go through the learning curve and acquire the necessary skills and mindset. If the potential rewards of becoming a successful day trader is so great, and since it appears to be very doable, then why isn’t everyone day trading? I believe the author provides the answer in his 11 Rules of Day Trading. “Rule 2: Day trading is not easy. It is a serious business, and you should treat it as such.” If I understand the author correctly, the day traders who are making $500 to $1,000 profit are traders who have taken time to educate themselves and apply the strategies and principles outlined in the book. They have practiced in a simulator for at least 3 months, achieving a favorable ratio of profitable vs non-profitable trades before trading with real money. Then follows several months with “small trades” made with real money, because trading with real money is different from trading in a simulator. So even if you have a talent for day trading, it’s unlikely that you’ll be getting rich quickly. In addition to teaching the general principles of day trading, risk management, money management, several day trading strategies, discipline and trading psychology (very important!) this book also provides a step by step process for people who want to become successful day traders. The author says in the beginning of the book that the book is short on purpose; it allows the reader to understand the basics of day trading and enough information for someone to decide whether they want to pursue day trading as a profession. After reading about halfway through the book, I’ve decided that I would like to continue learning about day trading. Some of the sobering facts outlined in the book almost caused me to put it down. However, based on what I learned from this book, I do believe that becoming a successful day trader is indeed possible. Also, the potential rewards of acquiring the skills of day trading are a great motivation to me. Another reviewer expressed that they really liked the book, but that they had decided not to pursue day trading at this point. I really respect that reviewer, because it shows that the person was willing to read the book and find out what day trading is all about, before making an informed decision. This reviewer then for their own reasons decided not to pursue day trading at this time, but still took time to leave a favorable review of the book. I think that says a lot about a person’s attitude in life and toward learning. In fact, this was one of the reviews that contributed to my purchase decision. As for me, although I am committed to continue my studies of this book and taking the next steps to continue my education, I still don’t know for sure if I will eventually become a day trader and pursue this as a livelihood. After a few months of trading in a simulator, I might reach the same conclusion as the other reviewer who decided it was not for them. However, in my case I feel this is the right time in my life to learn a new set of skills; I find day trading very interesting, and I want to learn more. Not everyone is cut out for day trading, and there are so many factors that come into play. However, I feel I owe it to myself to at least continue to explore and learn more about the subject matter. If I don’t, I will be forever wondering if I made a mistake by not learning more. I’d also like to point out that although I think this book on its own is a great introduction to the subject of day trading, you are getting a lot more than just a book. The author invites you to join his trading community, where you can watch him trade and get trading advice and tips from other traders. You can find the website if you enter the author’s name in Google; the website will have a lot of information about the trading chat room and other day trading education resources. The trading chat room is no longer free, from what I understand all the participants in that community recently collectively decided that there should be a $30/month fee to cover the expenses of the chat/teaching platform. However, it is possible to sit in on several chat session for free by signing up for a 7 day free trial. Personally, I don’t have a problem with this, as I’ve been pitched $5,000 trading “academies” – week long courses that promised me I’d be profitable my first month in trading. Unfortunately, the day trading education industry is infested with vendors preying on people’s hopes and dreams, and many fall for such false promises. I feel that the author of this book is “the real deal.” I must admit that one of the questions I had initially was that if a person is good at day trading and making money with it, why would they teach others? That question was answered after I attended a couple of the author’s trading room chat sessions. It became very clear to me that the reason he’s conducting these training sessions is because he loves trading and he also loves to teach. I know, anybody can say that they love teaching others, but if that statement is actually true, then I believe it will shine through. With Andrew Aziz, it does shine through. In any case, I consider $30/month to participate in the chat room to be a very reasonable fee, and I feel that if I can’t afford that, then perhaps I shouldn’t be day trading at all. If you are joining the author’s trading room, I also recommend that you budget $120/month to cover the cost of trading in a DAS simulator, where you will “paper trade” for at least three months. So all in all, I budgeted $450 for my three month introductory education with this program. I believe that the simulator can be ordered separately from the chat room directly from DAS, but the simplest option is to order it all through the trading community web site. That way everything will be set up for you and you can participate in an on-boarding session where the author teaches you how to use the software. I am mentioning these costs because I think people who are considering joining this path to day trading education should know about the costs up front. No doubt, some people will conclude from my review that the book is just a bait for more expensive courses, and if these thoughts are going through your mind you should be aware that the main cost of this program goes to cover the DAS platform, which is separate from the author’s chat room. I did some quick math based on the number of people in the chat room, and concluded that monetary gain is definitely not his reason for conducting these training sessions. Finally, I will disclose that this is an unsolicited review and I’m not receiving any benefit from leaving it other than the satisfaction of knowing that perhaps I’ve helped another prospective day trader make an informed decision about whether or not to invest in this book. My advice is that if you’re not sure whether this book is for you, get the Kindle version. It’s only $3.75 and you can download and read it immediately. That’s what I did. However, I just purchased the paperback version of the book as well. I know that this is a book that I will be referring to often, and I like to be able to highlight sections and add my own notes. I hope some will find this review helpful, and whoever you are, I wish you the best of luck with your decisions about day trading!

    Andrew Aziz has a blueprint to make you a better Day Trader!!! Read this book 1st, then trade!!!

    This was my very first read as it pertains to day trading. I must say that after reading it, it's provided me the ability to see just how many flaws there were in my approach to day trading. I am a newer trader having started my journey only six months ago. This book showed me there were things that I have done right (broker, platform, computer, scans, education, & paper trading). That being said, this was the first opportunity to be exposed to what I was lacking (the discipline aspect of what a successful trader needs to do each and every day). Specifically, the planning and writing out a detailed approach before you enter a ticker. The book also cleared my head and reassured me that it was OK to focus on only one or two setups. This reassurance is exactly what I was missing and Andrew Aziz opened my eyes to it. His style of writing makes it very easy for the novice trader to follow along and make sense of the information. He doesn't sugar coat the complexities or obstacles that are part of the market. On the flip side, he provides you the blueprint on how to overcome these pitfalls and establish the level of confidence to make a living and thrive as a day trader. Of all the money I've spent getting myself ready to trade, the cost of this book, was the most valuable.

    Okay

    Read full review and summary of this book on my blog: imeducatingmyself.com/how-to-day-trade-for-a-living-tools-tactics-money-management-discipline-and-trading-psychology-book-review If you are interested in learning about Day Trading, then this book will help you with learning the basics when it comes to day trading; but it’s an introduction to a Day Trading, and you’ll definitely would need to learn a lot more if you’re planning to succeed. The book is short and it talks about basic things that you need to learn and follow. But, you need to keep things realistically and know that there’s no “magic formula”, or one book like this one that would help to become instantly profitable. You can read and learn as much as you can, but things change when actually start to trade; we all get burned and lose money in the market, the things is are you going to become smarter and find your way to recover from that losses. There are good tips shared in this book, I’m already trading, so I didn’t learn much new things. And, really the best advice shared in this book is being patient and watch the market, create a list in your area of interest and just learn – that’s the best advice (strategy) shared in this book, and it does apply the best. You don’t have to be in the market all the times, that’s the mistake that most of us do when first starting out.

    Terrible and unstructured

    First off, I saw so many typos it hurt my brain. Second, it literally barely explained how day trading worked. It’s mostly about his experience and how he trades. I wish he broke down the entire process.

    Useless book, not worth the penny.

    First some of the reviews of this book is fake even for verified purchases. This books is a junk and has lot of useless information. We can get all information online so why waste money for this book?

    One of the best on day trading. Don't be mislead by S.R.'s comments.

    Well in my review, i am going to pick apart a misleading review by S.R. that has been trending lately. "The most recent edition is thicker (not thick enough to justify the price increase from $8 to $30), but the new contents are mostly fluff, and it has more self-promotion of the author's website and trading chatroom than the first edition." 1. If you are trying to run a business, you need to market your business. Nothing wrong with that and if you take your business seriously anyone would do the same. 2. Since there is competition for chat rooms for trading, you need to stand out. Nothing wrong with that and again if you take your business seriously anyone would do the same. 3. It's by far much, much less self-promotion than most of the stock trading books out there. For example, "How to Make Money in Stock" By O'Neill is A LOT of self-promotion. This book doesn't even come close to this. In Andrew's second book, Advanced Techniques in Day Trading, the self-promotion is minimal. "I had noticed this self-promotion in the first edition, but it didn't bother me because the chat room was free for everyone to join. Then suddenly the author started to charge to join the chatroom ($29/mo) and most recently $99/mo. The $99 membership does not even include access to his trade-ideas scanner anymore (which I thought was the most valuable part of the room)." 1. Just like all businesses, you start of at lower prices to obtain momentum and customers and as the laws of supply and demand come into motion, you adjust accordingly. Penalizing Andrew on this point is silly as since he is providing great value for the prices he charges and what you get to provide a chatroom where he trades LIVE, that requires the appropriate servers to make this happen in high resolution. That isn't necessarily cheap. FYI, there is a lot more you get for what you pay for than i mentioned here. Check it out for yourself. "So the once humble sounding Dr. Aziz (he likes to talk about his PhD) fell in the same trap as con men like Ross Cameron from Warrior Trading and others who pretend to be helping you, but in reality are only promoting their business." 1. So Andrew is supposed to be a altruist day trader providing the highest quality day trading material and experience out there for free and NOT self-promote? Does Mark Cuban do that with his company? How about Jeff Bezos with Amazon? How about Steve Jobs or now Tim Cook at Apple? The answer is NO. You promote your business because you believe in what it can provide your customers is worth something of value and that you can help people. Andrew does help people just like others out there like them educating people on this topic. He also shares his trades everyday so you see when he looses and when he wins. That's ideal transparency and humbleness is it not? 2. He mentions it because he is proud of it and there is nothing wrong with that. Obtaining a PhD is incredibly difficult and lot's of people drop out of PhD programs because they can't handle it. Bagging on him for this is silly. He talks about it to explain why he became a day trader so he can use a skill for a lifetime to earn income without being at the mercy of a corporation that one day could lay you off unexpectedly. That in itself is why learning how to trade the stock market is a valuable skill to learn. "Also, remember that you can't day trade like Dr. Aziz unless you have at least $25,000 in your trading account, which is not realistic nor recommended for beginners. I've been swing trading for over a decade and only in recent years I started to day trade. My biggest take from this book was the potential benefits of a high frequency trading platform such as DAS." So many things wrong with this statement. 1. Really? $25,000 is unrealistic? Let's use math to show how "unrealistic" it is shall we? Let's say you make $50,000 in CA and after taxes, you net around $40,100. You decide to save roughly 20% of your NET monthly income (~3,300) per month which comes to around $700. If you just saved that in cash and not in a high yield savings, it would take ~2.75 yrs to save $25,000. That is definitely doable. Considering that most people invest by buying and holding over long time scales (30 yrs), that's not long at all. Let's say you make $75,000 in CA and after taxes, you net around $55,500. You decide to also save 20% and ultimately you save around $925 per month. Again, same scenario it would take 2.25 yrs to save $25,000. Same scenarios but you save 35%: - at $50,000 gross income ~= 1.75 yrs to save $25,000 - at $75,000 gross income ~= 1.25 yrs to save $25,000 2. High frequency trading = many trades per second, sometimes even millisecond and based on high performance computing algorithms. For the purposes of day trading without algorithms like Andrew and many, many others use it for they are trading on longer time scales (typically minutes). DAS is a multipurpose platform and not just for HFT and Day trading. The reason why people like it is because it's one of the highest rated platforms out there. "Now I use DAS to trade options which I think is the smarter way to day trade. So if you want my advice for day trading follow these steps: 1. Go ahead and give Dr. Aziz PhD the $30 for the book. The contents are not bad for beginners. Focus mostly on technical analysis and patterns." - The first actual useful comment so far. Congratulations. "2. Don't fall for his chatroom and membership trap. Instead, buy a 3 or 6-month prepaid level 2 simulator account (with options) directly from DAS for $450 or $900." - Terrible advice. Just like with virtually anything else, if you do something alone in a vacuum, you are likely to be unsuccessful. The stock market is where the best minds in the world flock to work in and you are competing against them. In order to be successful, you need to learn to get in and out of when they are making the moves in the stock. - It's not a trap. Nothing wrong with joining a community of traders to learn and grow from. There is a reason why many people join trading chat rooms like Andrew's. "3. Watch the DAS tutorials on YouTube and practice trading with options for 3 to 6 months. If you need help with options, check out Sky View Trading Options videos on YouTube." - Watching DAS tutorials is nice, but it won't be as productive to do that and trade alone. - I'll get to the Options thing in a minute. This is where i'm really going to have a field day. - I have looked at Sky View Trading Options. Wasn't impressed. You are much better off going to the primary reference that serious Options traders use: Option Volatility & Pricing: Advanced Trading Strategies and Techniques by Sheldon Natenberg. It by far the best resource available since it provides a reference list for beginner Options trading books to the most advanced ones available. Sky View Trading Options won't provide you the level of education you would get from this book and the references it provides by a long shot. "4. Find good trade setups in highly liquid stocks such as AMZN, GOOG, BABA, etc. Unlike common shares (what Aziz PhD trades), options trading is best with mega caps stocks because there is little spread. Trade them everyday for 3-6 months and when you can win consistently, open an account and trade with real money." - This is the worst advice i think i have ever read: 1. Trading mega caps alone is not going to be beneficial. Day traders and swing traders, like Andrew and others, use Trade Ideas (or Finviz or both) to identify "Stocks in Play". What are "stocks in play"? Stocks in Play are stocks that have had a big change in price, up or down, that is being driven by some catalyst whether that be news, earnings, a natural disaster, etc. Stocks in play can be small - mega cap stocks, but the market cap of the stock isn't as important as the stock's float. Andrew and others trade stocks that have tight spreads and have adequate float as in these conditions, they are also liquid like the mega cap stocks. A stock doesn't have to be a mega cap to be liquid and therefore tradeable. I frequently trade small - large cap stocks with appropriate float and tight spreads often and i make money too. Well, this is where it's about to get interesting... "Unlike common shares (what Aziz PhD trades), options trading is best with mega caps stocks because there is little spread." "Why trade options? With options you don’t have to risk too much capital. You certainly don’t need to have $25k and a margin account to make a living from trading. I’ll give you an example. When Aziz PhD takes a trade, he risks anywhere between 30-100k of capital (some of his own and some borrowed money), to make about $1000. I use these numbers because I’ve seen his trades. With options, you can make the same amount of money with far less capital ($2k, or so). Of course, just as you can make that kind of money easily, you can lose it easily on a bad trade. But would you rather blow up a 25k account or a 2k account?" "Whether you trade common shares or options, you must practice first. That’s why a simulator account is highly recommended. Also remember that you must be willing to lose money before you can make money. Every successful trader has blown up an account at some point (including myself or even Aziz). So don’t be afraid to lose, just don’t lose it to bogus memberships and chatroom subscriptions. You are basically paying for their losing trades. It is funny, because when Aziz’s chatroom was free, he used to say he doesn’t need the membership money. Not sure what happened along the way. Good luck everyone and happy trading! If you have any questions, feel free to ask below this review." - Trading Options is a more advanced type of trading than simply trading common shares. To properly trade Options, you need to use the Black Scholes (or trade Binary) model. This model uses the following inputs: 1. Strike Price of Option 2. Current Stock Price 3. Time to expiration (critical; i'll explain below) 4. Risk-free rate (important, but not as important as the others) 5. Volatility (extremely critical) Items 1 and 2 are what most Options traders start off with understanding and tend to use this alone to trade if they are inexperienced. However, Options trading is more complicated and advanced than trading Common Shares and thus you are more likely to be unsuccessful if you don't survive the learning curve. With Options, you can do a directional trade or you can trade volatility. In either case, you have to account for the timing and also the volatility (speed of stock movement as represented by the standard deviation of the stock price over a time period). This has a direct impact on how much money you will make from trading the Option spread. For example, If i trade a 30-day bull call spread with a $5 strike price target and i am risking $700 (premium paid for the Option), but the volatility is high and the stock moves to my strike price target the next day, i will not make the full profit target as i didn't correctly predict the timing and volatilty of the price movement. What would have been better is if i did a 5-day bull call spread as it would have been more appropriate. Also keep in mind that the commisions on the Option eat away at your profits a bit so you need bigger moves to profit hence why it's most appropriate for swing trading over week - month - year time scales. If you trade Common Shares, the risk is theoretically unlimited, however, you have full control over your risk as you can predefine a stop loss and get out for a minimal loss either as part of the trade itself or you manually get out when it moves against you and hits your stop loss. Someone who trades Common Shares can manage risk just as much, if not better, than one who trades Options. When the stock does move in the direction you predicted by using technical analysis to identify the correct set up and it moved $5 dollars, you have the potential to entirely profit on that for every share you had Long or Short. Since trading common stock doesn't require predicting the timing and speed of the movement as part of how you will profit from it, you can reap 100% of the reward. There is a time and place for Options vs. Common Stock trades. It's in your best interest to learn from others and educate yourself to identify what setups are appropriate and what style of trading fits you best. For me, I like trading Options for swing trades and I like to day trade in the first hour of trading in the market open. Both are profitable and both have their specific nuances you need to learn and master. They also both have their downsides. One is NOT superior to the other. It's a matter of what suits you best. - Chatrooms and memberships are not bogus. You can learn a lot from them. Pick the one that fits your budget and what you think will provide the most value. I have learned a lot from being in a few and i settled on Andrew's as he is the most forthcoming and fair priced for what i was looking for. Don't be scarred away from them by S.R. - The one thing that S.R. does get right in his misleading post is that you should start off in a simulator. DAS has one and is popular among day traders. TD Ameritrade has one and is popular among Options traders. I would suggest the following approach for simulated day trading ASSUMING you have already done a lot of reading and learning on the topic and understand technical analysis very well: 1. Trade for a MINIMUM of 6-months if you have the cash you want to day trade with (day trading requires a minimum of $25,000 in an American brokerage account). Don't switch to live until your win rate is consistently >50% for 30 consecutive days and all your trades demonstrate you enter and exit ones with a risk to reward ratio of 1:2 or greater 2. If you don't have the cash you want to day trade with, stay in simulator until you do AND you accomplish the same above. I would suggest the following approach for Options trading ASSUMING you have already done a lot of reading and learning on the topic and understand technical analysis very well: 1. Trade for a MINIMUM of 1 year if you have the cash you want to swing trade with (note: you don't need $25,000 unless you make a day trade. Options traders who swing trade over multiple days don't close out the same day). Don't switch to live until your win rate is consistently >50% for 30 consecutive days and all your trades demonstrate you enter and exit ones with a risk to reward ratio of 1:2 or greater. Why a year? because swing trading with Options results in less trades because you trade longer time scales and therefore, you don't get as much practice so you need to practice for longer to get some adequate level of repetitions in. 2. If you don't have the cash you want to swing trade with, stay in simulator until you do AND you accomplish the same above. Final note: This is one of the best day trading books out there with minimal self-promotion out there i have read and i have read A LOT of stock related books. It's worth the price tag in many ways. Don't be mislead by S.R.'s comments as he is incorrect on most points as i hope i pointed out. If you are interested in Options trading for swing trading, refer to the book i mention above. It's the best out there on the topic. Don't forget that Options trading is ADVANCED and just as difficult, if not more so, than day trading common shares.

    Beyond excellent

    I am impressed. Being female, I have listened to countless YouTube videos of day traders boasting how they made millions BUT were all over the board in explaining things. I have read one too many books too - where the Author talks more about me, me, me syndrome and teaches nothing. I LOVE this book! Beyond love it! If you have never traded before - this is an advanced book in the sense that most people want to find the holy grail that makes them billions. This book will teach you how to manage risk and not blow up your account. And Andrew explains systematically what you need to do step by step to be successful. I consider my husband a genius in charts. And he kept losing a fortune until he finally realized that it’s imperative to practice a minimum of 90 days in a trading simulator. And make sure the simulator is real time. And make sure your broker has direct access routing. Every tool that Andrew mentions is beyond a must for day trading. Once my husband invested $500 a month in the right tools (minimum $200 a month needed) - my husband went overnight from losing consistently to winning consistently. We argued with a well known broker that my husband should have gotten filled at 10.80 but got filled at 11.10. That was brutal. Long story short, broker rerouted order to multiple routers and trade took 4 seconds to get filled. Now my husband gets filled on the nano second. Zero delay. With day trading can not afford even a 1 extra second delay. So these tools are a must. And I don’t know this author BUT for god sakes - I do t care if he is a millionaire or piss poor ... He knows his shit and he knows how to teach it. Take notes - this is not a speed reading book. Thank you Andrew for writing an excellent well thought out day trading book! The good news is - thanks to you - I feel that now I understand what I need to do to be financially successful.

    Five Stars

    This book was PHENOMINAL! I have read several trading books and although I am a semi new trader, this book is super informational and somewhat basic for almost anyone to comprehend. I can not believe someone would give this a negative review based on the fact that 90% of traders lose. THEY DO!! That’s why books such as this one are super helpful and informational. I also just finished his second book which was advanced techniques in day trading and these are not marketing ploys whatsoever. This man is nice enough to give out his personal email to say “if you have any questions shoot me an email”. I just can’t believe the bad reviews that were given. In my opinion the people who wrote them reviews do not understand trading and never will. Thank you Andrew for your hard work and dedication!!

    I appreciate everything about the book and the author

    Recently, I took on an interest in learning about trading. After having browsed through the collection of books on the subject on Amazon, I made this purchase. I devoured it in one day, including making earmarks, and taking lots of hand written notes. There are so many things I appreciate: 1. I appreciate the affordable price. I admit, this was one initial factor, along with the high rating, that got me to make the purchase. 2. I appreciate the concise, yet comprehensive, content. The book is technical enough to keep me engaged, but also moves along at a very good pace so that I do not get overwhelmed on a single topic. I took notes and made ear marks knowing that I need to revisit some subjects and read more advanced content to dive deeper, but I'm glad to gain a good overview of day trading within one day. 3. I appreciate the author. I sent him an email asking about a clarification, and to my surprise, I got a response in minute! I checked out his website and Instagram and saw great content there too. I have a feeling that this book will change my life. I wrote down this quote from Chapter 8: "If you want to know if you have the self-discipline of a winner, try right now, starting today, to stop a habit that has challenged you in the past." The challenge I take on is to give up eggs to become fully plant based, like the author. Here is to a winning path ahead... Thank you, Andrew!

    Not a bad book, though I don't believe for a moment ...

    I decided to update my review to 5 stars after comparing to a few more similar books: this book stands out in terms of being much better organized, structured and logical. Not a bad book, though I don't believe for a moment that day trading can be "profitable" or one can make a living off it, considering that 95% is traded by large banks with software they invested millions into built by best engineers for many years. If day trading was profitable, seems like the author wouldn't need to sell a book on how to day trade and share his secrets on making a living....while selling subscription to his chatroom (which costs a lot!)...he'd just be profiting off his day trading, if it was indeed profitable. But I enjoyed the book nevertheless it has a lot of useful info for a complete beginner who wants to get an idea about what day trading is, gets one used to certain terminology, touches upon core strategies and technicals without spending too much time on this part as it'd be overwhelming and confusing for a beginner (such as just reading Investopedia articles), and places heavy emphasis on psychology of trading. As a software engineer by profession I'm as far from finance as earth from the moon, and found that I was able to understand almost everything in this book without having to google about it, though latter is recommended for in depth understanding of technical indicators and the book had answered a lot of my questions I had earlier. I was put off by suggesting that $720 paid simulator is expense of no big deal....yeah, "once I sell my paid-off San Francisco home" may be $720 will be no big deal then, but until then I think one should stick to free simulators or small trades on comission-free platform, as such are available. Author equates paying $720 in this case to a cost of education....well most of the modern education is a pure worthless BS, I can tell this as someone with a computer science degree from top school: a kid who leaned say web development on their own without spending a dime on institutional garbage is way better off in terms of freedom and opportunities, so I can not agree with throwing $720 a year to pay for a trading simulator use. To add, author's background in engineering shows, and book is very coherent, organized, detailed and logical (unlike most other books on stocks trading, which leave one being better off just reading info online for free instead), books has detailed trade examples and illustrated charts.

    290 Pages of Self-Advertisement

    The book is a self-advertisement for his website. To even view the chat, you must do a deposit and then a monthly subscription on top of that. Any lessons are reserved for his paid members. He expects you to have quite a bit of money to start with, very unrealistic for beginners.

    I'm not sure why this is such a highly rated book.

    I received this book two days ago in the mail and have made it about halfway through. I'm so confused how a book with so many obvious mistakes can have such a high rating. I can honestly say I've never read a book with so many. There are dozens of words missing a space, the page I'm on right now literally has the same paragraph back to back, some sentences are missing words, etc. I'm thinking a lot of these reviews have to be fake. That being said, once I learned to ignore the weird formatting and confusing text, I did find what I think will be useful information. There is certainly a lot fluff and self promition, but ignoring all that, I think it is worth the $14 I spent. I hope you found this review useful.

    Not what is expected -disappointed

    The book does cover the topic but with no valuable added value. The author repeatedly keep referring to further details to be given in the book but without indicating where they are. Several of the website he referred to are no longer working. The graphics are black and white and do not provide much details. The level of technical information is very poor. Likely what the difference between the EMA, SMA, ....etc. The book does not list the most important and competitive trading platforms. It seems that he listed those that he favored and they are not the best in the market. He spent disproportional time time talking about the hotkeys. I wish I could find a better and more serious book about the subject.

    Great book!

    This book changed how I view day trading. I'm a CPA and it's something that I've always wanted to try, but I never had the guts or the time to learn it, until COVID-19. I thought day trading was more like gambling and I thank Andrew for informing me and showing me how to get started! His book is well written and well organized, which made it easy to read. I also recommend his friend Brian's Swing Trade book! I have been doing mostly paper trading and a little live trading for 4 months and I really enjoy it! I tried DAS Trader on a free trial, but I didn't like the feel of it and I already knew I wanted to start with TD Ameritrade. As a beginner, I wanted to start with free commissions. Warrior Trading uses eSignal for charting and Lightspeed. I use TD Ameritrade's downloaded platform, along with Trade Ideas for scanning. You can simulate trade with TD Ameritrade, but you have to call customer service to get access to real-time, otherwise it's delayed 20 minutes. While I don't use Interactive Brokers and DAS Trader, I do a lot of what Andrew advises, where I look for catalysts to the morning gappers and add the ones I like to my watch list; then once the market opens, I listen to my momentum scans and the fun begins! Sometimes my scans confirm my choices and sometimes I switch to a stock with better volume. I do best in lower float stocks, that Andrew recommends. There is a steep learning curve, but you will find your way through it by paper trading. It's important to practice putting everything together, by learning to use Level II, T&S, chart analysis, holding stop/loss and scanning all at once. Andrew's best advice (besides his advice to practice paper trading for at least 3 months) was to "stop out" and "live to trade another day". The only thing I disagree with is where he says there is no need to splurge on Trade Ideas right away. I subscribed right away and I find it to be indispensable. Without Trade Ideas, I had no idea where the volume was at any given moment. It's very easy to modify their scans to fit what you're looking for; I just can't say enough good things about Trade Ideas! I have not joined a trading community, mostly due to the expense and I'm not sure it's necessary as there is a lot of free content on YouTube showing live trading, etc. I watched a video where one of Andrew's traders showed an alternative to using hotkeys, as I am not a fan of hotkeys and I do not use them to trade, at least not yet, as there are so many other things to learn! So far I like the feel of TD Ameritrade and I use their hot buttons. It's not a Ferrari like Lightspeed, but I do well with it. I listened to Bear Bull traders make their watch list live on youtube, but it kind of threw me off my low float stocks, as they seemed to pick a lot of mega caps, that could be tricky for newbies. I have a lower success rate day trading mega caps; I find that I do much better when I stick to the lower float stocks over $5 with the other retail traders. One thing that Andrew doesn't really hit on is how hard it is to short lower float stocks. Most of the stocks I'm trading are classified as HTB or Hard To Borrow, so I usually do not have the option to short most of the stocks I'm in in real life! Best of luck to all traders out there and thank you, Andrew for writing such a great book!

    Swing Trader thinks this has good tips for Day Trading.

    I've been a trader for about 5 years, mostly swing trading and some day trading. I thought this book gave me some very helpful pointers with regard to how to identify day trading candidates, which technical indicators are more important and how to regard them, and what additional tools are available to me. My only negative feedback is that the book indicated I could join the chat room for free and when I emailed the author he told me this was not the case. I also think he could benefit from including just a couple more technical indicators like the Directional Moving Index and Fibonacci Retracement.

    How to make $1000 daily

    This kind of day trading has been repeatedly and statistically proven to be a losers game. While the book contains some useful basic information on how to understand market information, it also contains quite a bit of pseudo scientific strategies that on average do not work (some gamblers win in the short run). Most importantly, however, this book fails to provide sufficient information on the transaction, borrowing, and fiscal costs associated with such high turnover trading, and how all that stack the odds heavily against the day trader.

    Empty words

    A lot of "fillers" and empty words. There is no way you can learn the art of day trading just by reading this small book. It's an OK read for a beginner just to get familiar with some ideas and words needed in trading, but nothing more. No book can teach you how to trade, and this book is certainly not an exception. You simply cannot copy another mans strategies, leave your job and become profitable. I've read this book two twice. EDIT: THIS IS A RIP OFF FROM MIKE BELLAFIORE's BOOK "ONE GOOD TRADE". I'M DISGUSTED

    A great starting point for your day trading career. This book changed my life, it may change yours.

    I'd like to take a moment to share a part of my life story and to give you a review of Dr. Andrew Aziz, the books he has written, and the BearBullTraders community and its moderators. It's kind of long and it's more about my own journey, but I hope it gives you some honest and authentic feedback to help you make some decisions about whether you want to get into day trading or not. Going back to 2012-2013, I was supposed to graduate from my university and I only had about 3 classes left to complete. I had good grades but I just couldn't bring myself to finish. A deep fear grew in me: How was a little piece of paper, a diploma, supposed to help me figure out my life and allow me to be successful? Going to college did not help me figure out who I am or what my dreams were; it only took my precious time away from me and left me in suffocating debt and more confused about my life than ever. I started to smoke weed. A lot. Like every day. It became an addiction that helped me escape from my hardships. For anyone who says weed can't be addictive… my answer to that is anything can become an addiction, whether it is a relationship, drinking, substances, video games, or anything else… Why do people get addicted to things? The answer is simple: it's a failure to feel and to escape from life. I ended up getting a job I hated. I wasted years of my life in a job I hated and getting high. It wasn't until late March of 2016 when this all began to change. This is when my dad got into an accident and fell from a high place at a construction site and completely shattered his hip. It took months of being in the hospital and rehabilitation for my dad to be discharged, now being disabled. I remember the first night he came back home and was about to take his shower, my dad looked into the mirror and started crying at the sight of his weak body. This was the second time I've ever seen him cry; the first time was when my grandmother passed away. When I saw this unfold… a hollow, sunken feeling came in my gut. I finally knew that I had hit rock bottom. Just what the hell have I been doing with my life? Why was it so hard to figure out my purpose? This is when I started to read books like "Think and Grow Rich" by Napoleon Hill and "The Intelligent Investor" by Benjamin Graham. I swore to myself that I would do whatever it takes in order to attain financial freedom and to never feel this way again. Interestingly enough, reading all these self-help books really changed my mindset and how I behaved at work. People started to take notice at my work ethic and attitude and I was even offered a supervisor position in my organization that required a Master's degree. I guess you really don't need to graduate college in order to land yourself a decent paying job. But I hated my job and I still couldn't kick my weed addiction. I knew what my goals were but it all seemed unattainable. I continued to dabble in investing and swing trading but never found the success that I wanted. The only real profit I made was from NVDA when the FAANG stocks were all the rage before the hype died out. This got me hooked though. I just had to find a way to make money in the stock market. I began to watch YouTube videos, read books, and tried various trading chatrooms. It wasn't until I read Andrew's first book in early 2019, "How To Day Trade For A Living" where my mindset began to change once more. He wrote that "in day trading, you will be competing with the sharpest minds in the world." Doctors, lawyers, stock operators, professors, what have you… This got me thinking: How was I supposed to compete with such brilliant people if I kept getting high? This gave me the resolve to quit my addiction and to focus on my studies. I no longer dabbled in the stock market, but rather completely immersed myself in it. As Andrew constantly emphasizes in his books and in his chatroom, "a day trading career is a marathon and not a sprint. It's not about making $50,000 by the end of next week. It's about developing a set of skills that will last a lifetime." I've noticed that there are a lot of people who are hesitant about joining a chatroom or buying the necessary computer/tools/books to day trade effectively because it's costly… but isn't going to college costly as well? Whether your dream is to become a doctor, a lawyer, a professional athlete, or anything else you desire… any profession you pursue will take time, effort, and investment. Day trading is no different. Andrew provides you with the information, scanners, education, and guidance to help jumpstart your day trading career. People tend to treat the stock market like gambling and hope to make riches by finding that one perfect stock. They either don't prepare themselves or do nothing at all to acquire the skills needed to become a consistent and profitable trader. When in reality, day trading has to be considered a business and a very intense one at that. It has a very steep and brutal learning curve that you must experience and push through. If day trading were easy, everyone would be doing it and everyone would be a millionaire. I still consider myself a novice, but I see myself growing and progressing each and every day. Being a part of the BearBullTraders community has helped me remarkably. Even if you choose to join another chatroom or trading community, it is vitally important you do so; by learning from other people's experiences and mistakes, you are able to quicken your own learning curve. However, please do your due diligence as most chatrooms are all about giving you alerts and prompting you to buy the next hot stocks, not to educate you. The BearBullTraders community is more about teaching you the skills needed to be an independent trader. Just check out their YouTube channel to see for yourself. Also, be sure to spend some time in a simulator before trading your own money. It's not about making money at first. Your main goal should be to develop your skills and psychology. Money is simply a by-product of you becoming a better trader. Success is not a matter if you can or cannot do something or achieve your goals. If you have the right mindset, a burning desire, and the persistence to see your goals through… you will find that success is only a matter of time. If what I wrote today resonates with you or you find yourself at rock bottom as well… take the chance and read Andrew's books. It's a good starting point for your day trading career and it might just change your life. From one person to another, I wish you all the best in your endeavors. Thank you for taking the time to read. "Whatever the mind can conceive and believe, it can achieve." - Napoleon Hill

    concise, honest, straightforward, fair

    I like how well written this book was. I'm a female and knew nothing about trading. A huge thank you to the author/teacher for making the comprehension process feasible. After I completed the book, I emailed Andrew Aziz and he promptly responded to my request sharing his strategies as well as a link to his live chartroom. Andrew Aziz makes a great teacher which makes a seeming complex topic easy to digest. Reading his book along with watching his 5 free youtube courses is recommended. 5 words to describe him: concise, honest, straightforward, fair, and handsome). I respect his enthusiasm and teaching style.

    Excellent guide for beginner traders

    Well-written and clear - particularly useful for someone like me, thinking seriously about getting into day-trading. He describes the criteria that determine which stocks are ‘in play’ for that trading day, details the internet-based setup that allows these stocks to be identified, and several strategies for effectively reaping (eventually) the rewards of study, practise and discipline. You’re encouraged to select just two or three strategies to become familiar with as a novice trader and he emphasizes throughout that doing this profitably is very difficult (apparently up to 84% of day-traders fail at it.) He does emphasize that having the appropriate ‘platform’ is essential. While it’s likely that the software and brokerage services he uses are probably optimal for his approach, there was enough information for me to set up a system with Ameritrade which replicates most of what his does. And, happily, stock trades through Ameritrade are free of commission fees. Arguably, the most important step is identifying which stocks are ‘in play’ and every morning he conducts a free pre-trading live session on YouTube that shows how this is done (it takes experience to do this efficiently, given the thousands of potential candidates) and selects the few stocks that he and his chat-room colleagues will work with. Then, at he end of the trading day, he and a moderator or two on his site will review how the strategies worked out - both successes and fails. Also no-cost. His paid-up trading group members can follow him and his colleagues as they trade throughout each trading day, getting advice on which stocks drop off the list, which ‘plays’ are working, which stocks are newly active, allowing them to learn how the strategies in the book play out in real life. You can get a week’s membership in his group to test the waters (I watched one session from last year that’s available online but I’m not going to commit to a ‘live’ week until I’ve achieved the kind of fast reflexes you need to get in and out of trades in minutes, or even seconds.) Ameritrade (and, no, I have nothing to do with them other than that I have an account there) has a free practise environment using live data that is letting me organize my desktop and practise, practise, practise, using Monopoly money. All-in-all, I’m much more confident that my day-trading career won’t implode in the first week after reading this excellent introductory guide.

    Rules to Live By!

    This book accomplishes what the Andrew intended: concise and fairly digestible to the lay person. I dabbled in Day Trading & Swing Trading in 2008 while the market was volatile but I never had a strategy, discipline or the right technological set-ups to create great trading set-ups - I did come out on top based on what other traders were doing in a chatroom I subscribed to but it wasn't worth all the effort. I read the entire book from cover to cover last night. My funds clear tomorrow in my account and I can finally start trading for real instead of using a simulator. Last night I thought I had my game planned with a laptop and trading account. As of right now, I have 2 computers with dual monitors on each, multiple browsers, subscriptions to multiple sites with screening tools outside of those provided with my trading account, widgets, plugins for my browsers and the list goes on and on. Just knowing how to create custom screening tools - which he outlines - with candlestick charts, entry and exit points, and Bollinger Bands is invaluable. I ripped his "Rules of Day Trading" page out of the back of the book and posted it between my monitors and I intend to follow them to the T. Highly recommended read. I'm going to join his chat room right now and see what's happening there tomorrow. Luckily for me, I don't have $25K in my account, so I'm going to be very picky about my trades since I will be subject to the pattern rule. Be picky. Another thing he emphasizes. This book does not read like a textbook. It reads like a conversation you have with your professor after class when you are seriously interested in knowing more about something he turned you onto.

    Needs a good editor, seriously!!

    The other 1-star reviews for this book do a better job than I could explaining all my frustrations, read them all all. I've played with cryptocurrency trading for a few years before looking up some primers on real trading. There are many differences between crypto exchanges and the stock market, but I'd hoped I'd glean some lingo and basic strategy. Every other page of this book I was yelling into the other room to my wife how infuriatingly stupid this book is - mostly that it is in dire need of a good editor (typos, lost trains of thought, cringy mixed metaphors, he often switches sides on ratios making it hard to follow, he sets up key terms only to forget to define or elaborate... stuff an editor would pick up quickly and send back to the author to fix). I particularly hate his use of rounded whole numbers rather than percentages. He buys whole lots of 1000 shares of only stocks that are above a certain price, have a lot of volume (because, you know, you can never make money off LOW volume stocks) and lots of "action" (he never does explain what that "action" is he's keeping an eye on, he's not talking about volume, so what then?). I admittedly don't have "real" experience trading on exchanges, but most of the concepts he discusses, I feel like I would vehemently disagree with him. If he's as successful as he says he is, I don't think it's because he fundamentally understands the market. That's fine, whatever makes you money makes you money, but don't write a flippin' book purporting to demystify concepts for beginners. You don't have a full understanding of the math and psychology of market forces. The market isn't simply a fight between Goliath high frequency trading computers and day trading Davids. There just seems to be much under the covers that he doesn't understand.

    Best book to begin trading

    If you are interested in day trading you need this book. I only had general knowledge of the stock market but had to learn quickly when I invested a large amount of money when the market crashed. I knew I wanted to day trade and this was the first book I purchased based on the reviews. It gave me the skills I needed to get started but I wasn’t profitable in the beginning (as expected for a new trader). The best thing I did was join Andrew’s trading community, Bear Bull Traders. The price may seem expensive ($2k) but It pays for itself by giving you all the tools you need to be successful. It includes a lifetime membership to their chat room, which every new trader needs (most chat rooms cost $100 to $300 monthly). You get to view Trade Ideas scanner in the chat room (cheapest Trade Ideas package is $118/ month). An educational course (most are $4k to $6k). They also have weekly webinars covering all types of trading and psychology topics. After reading the book and joining the chat room and trading for 4 months I am now profitable and have increased my risk from $10 to $50 and I’m getting better every day, hope to be at full risk by the end of the year. If you want to learn to be a trader and not a gambler, buy the book, join the community and do it the right way. Also, check out their YouTube channel (Bear Bull Traders) to get a feel of what the membership will give you. Hope this helps. Good luck.

    Too limited & I don't agree with the method

    PROS: Tells you over and over again to practice for months before using real money. I like that he tells you to limit the amount of cash devoted to day trading. I like that he tells you to have a method, and to follow it without an instant hesitation. CONS: I just don't buy that a gap up on huge volume is a reliable method. The institutions that use computerized algorithms are faster than I could ever be, and often sell just after a gap up. He doesn't mention trailing stops - which are utterly essential for human beings because they kick in automatically, and can both limit losses and lock in gains. I don't have the instantaneous self-control required.

    This book talked me out of day trading, but I'm glad it did

    After giving this book a thorough going over, I realize day trading is not for me. But I'm glad I got the book because it explained a lot about the market that a newbie like me would not understand. It is easy to understand, doesn't sugarcoat the process or make it seem like a get rich quick scheme, and that is good. I know I won't have the equipment or time to put into this and do it well. But I now know a lot of technical things that will help me be a better small time investor and swing trader, and I'm glad I got it. And yeah, I know you can eventually find all this for free on the internet, but that's penny wise and pound foolish. Why spend hours looking around when you can drop a few bucks and have it in one package?

    There’s difference between Apple and Apple

    Worst book ever. Remember if you are an engineer and you write a book about economics you can’t you use your title to deceive people in the area you’re not an expert. Imagine you buy a ticket for humor stand up and you discover its music rather then humor. This is the I felt buy this book. A lot of things that are not related with stock market.

    Great for beginners, saves lot of time and reduces learning curve.

    Well... first things first. This book is for beginners. More experienced teaders will not find it too useful but for beginners it will for sure help to reduce a lot the learning curve. The book is also a marketing tool for the author's website where you can join a paid chat room, but id you ignore this redirection, the rest of the content is also useful. However, you will not learn to ride a bicycle by reading a book. You MUST sit and start trading by yourself and just after that, you will soon realize that a lot of non meaningful content that the book has during thebinitial reading starts to become more meaningful because you start living rhe experiences described in the book. The book not just explain the technical and mathematical problema you will challenge during day trading. It also focus in the emotional and psocological issues you will face during tradinf, like learning to accept loses, strictly focus on your goals and plans, etc. Another good advice if you are planning to go serious is that you will save lot of time and effort by using the trading and scanning tools recommended by the author. If you continue doing self learning using youtube and google, soon or later you will also find the same tools but you can go directly to proven solutions that will reduce in months your learning curve. I hope to have helped someone else with this review in the same way the book helped me.

    OK if this is your only choice.

    This is a book all about Apple. No seriously. He mentions Apple over 100 times. There is also information wrong there like his take on Monty Hall (yes, you are wrong and I can prove it mathematically). He probably got that information from some web site and thought it was correct. In the book he babbles on and on and on. Geez, it gets really old. His 2nd book is mostly this one. Yeah, he just copy and pasted 1/2 of this book word for word there. As far as teaching goes, this book does cover the basics. If you had no other book, then this would be OK. But there are better ones. I got it because of the title but don't be fooled by that. He covers the basics but doesn't explain them well. Oh well, OK but not great. (BTW: he is a canadian working the US stock market so take that into account)

    Great info for the price...and for beginning traders.

    Based on dozens of books trading books I've read, thousands of video hrs watched on trading, thousands of hrs of podcasts listening, a few seminars, and 4 yrs of trading... I was at first disappointed because I was expecting to be blown away and hoping to pick up on new concepts...., but had to stay objective and realistic. For the audience the author is catering towards (new traders with less than few years of experience...and dabblers looking to figure who they are as a trader and looking for some trading ideas). I find that the author is authentic and is the real deal. He genuinely wants to help out new traders (hence the book written...). Other reviewers seems to be bothered by the author promoting his trading group or links to his site, but that kinda stuff didnt bother me one bit. It was not overhearing or deceitful. What's important is the meat of the subject matter and the author does a pretty good job for the audience which was intended for. Any other negative reviews about the author himself would be not picking. The author briefly covers the 3 major pillars to successful trading in his own ways: -A system with an edge - Psychology - Risk Management Theres no way to cover all that in depth for his intended audience, but for the price it was not bad. Those with more experience in the market can skip to the necessary chapters that the author recommended (which is pretty much the last 1/3rd of the book) and jump straight to the different strategies he utilizes for trading. I personally found that the simple support and resistance (horizontal lines), and moving averages strategies is something I can relate to since it's the strategies I've been using for years. I agree with the author in that you must master 1 or 2 techniques and know is intimately. Trading is not complex.. .people make it complex and difficult for themselves... Ultimately its YOU that you must master.

    A well-structured and easy to comprehend trading book

    I was a bit skeptical about buying this book initially. I couldn’t really call myself a trader, more so a day trader. My only experience in trading was through Robinhood, which did not pan out well, and which meant that I was a total noob. I decided to bite the bullet, and ordered both this book and his advanced one off of Amazon. I’m really glad I did. I’ve only finished this one, but I have learned so much already. The trading strategies presented in this book are very beginner-friendly, and I cannot wait to do them in my paper trading account (I still want to read more books before doing that part). I disagree with the previous reviewer who criticized this book for being incomprehensible. It is well-written for a trading book, but I was also completely aware that I did not purchase a dissertation paper from Harvard when I bought it. Also, I did not mind the product endorsements - which were very very mild, by the way. Even sheep have brains, you know. And it’s not as if the author were selling you something bogus and non-trading related. For me, I do not regret buying this book, and I highly recommend it to other beginner traders, as well.

    Pretty solid book

    This is a pretty solid book for beginners. It gives you a glimpse into the life of a day trader. It obviously isn't going to teach you everything you need to know to become a trader, but it should give you a decent idea of what that life is like and help you decide if you want to pursue it. The paid chatroom plugs get a little old, but that seems to be the thing to do in books these days. I'd recommend this to people considering trading.

    Great fundamentals and a sobering approach

    I really enjoyed this book and fundamentals that it preaches. The fact Day Trading is a lot of work, this is NOT a get rich quick scheme, you have to put in the time, you have to commit to this for the "longer" run, AND mostly about how this is all about management of Risk, you must do everything to mitigate that Risk. Furthermore, I appreciate the holistic approach and discussing the need to incorporate all facets of your life Too often, in the media (TV Social, Youtube etc), everyone tells you about the guy who made it big, but not about how hard it is to be that guy. And of course YouTube is full of "get rich using my strategy" schemes. As a guy who came back from the abyss financially and mentally after early losses in my life, it's good to see someone who takes a sobering approach and not just tell you a sexy story to sell more books.

    The book is a gold mine of information.

    Andrew did a great job putting this book together. The book shows you how to get into Day Trading to be successful. I liked the book so much that I have it in audio format as well as printed. I have listened to it and read it. I will reread it a couple of more times to cement the information in my brain. lol I liked the book enough that I also joined BearBullTraders.com. That has been rewarding as well. Andrew has video to reinforce what the book says with lots of examples. Also, you learn a lot about stocks or ETFs that you might never have heard of in the chat room. I know that it will be worth the investment. I have already gleaned a lot. Anyway, start with the book. Read the entire book. By the time that you are done, your initial questions should be answered.

    Excellent resource on Day Trading for the beginner.

    This book is deceptive in that the number of pages does not provide you with a measure of the volume of knowledge this book imparts. Each topic is covered in a concise and succinct manner so that when you have finished the topic you have a clear understanding of the material. To assist, the author also included a summary at the end of each chapter for quick review. As someone who has been studying Day Trading and Swing Trading for the last 4 years, this work has clarified topics that have eluded my understanding until Andrew wrote this book. Updated for the current market environment, this should be every new trader’s ready reference. It also works well as a supplemental reference for other Day Trading works in the market, just ignore what you don't need for now, but keep it for the future.

    The definitive book for beginning day traders

    This is an absolute must-read if you’re considering becoming a day trader. To me, this is the definitive book on day trading for beginners (there’s a reason it’s an Amazon best-seller with nearly 7,000 5-star reviews). This review is LONG overdue (bought the book last year). Like so many others, I read a bunch of books, took a few online courses, and filled notebook after notebook with information, all of which, ultimately, proved to be a huge waste of time. Every book I read presented itself as the holy grail of learning how to 'get rich quick'. Same with YouTube videos promising (completely unrealistic) results. Most new traders come into this thinking it's easy. So the first thing I noticed about Andrew’s book is that it absolutely does not promise anything. To the contrary, he is completely honest about how challenging it is to become a consistent day trade and how—if you're not willing to put the work in, develop a strategy, start small, and manage your risk—you will not make it. Too many traders jump in, get lucky on some early trades, think it's easy, and proceed to blow up their accounts. For me, this was the book that changed everything. The book is perfect for someone who knows nothing about day trading. After the introduction, the first chapter is a clear outline of how trading works, including key terminology. By the end of the chapter, you will understand the difference between a trader and an investor, buying vs. shorting, retail vs. institutional traders, and most importantly, how critical it is to treat day trading as a business. He pulls no punches in describing how demanding this profession is. There’s a reason the very next chapter is all about risk management and psychology. Most traders will tell you that risk management is the most important factor in trading. Without it, you are simply gambling. The chapter also addresses the psychology of trading, which is next on the list of importance. Without understanding how wins and losses affect you psychologically, you’re sure to blow up your account pretty quickly. The remainder of the book introduces you to the tools you’ll need (e.g. brokerage account, scanning software, trading platform), finding the right stocks to trade, how to read stock charts for intra-day trading, and how to manage a trade. There is also a chapter that outlines 9 key trading strategies. These strategies are broken down in a way that is easily digestible, giving new traders a great head start in developing their own strategy. As I said, this book was a game-changer for me. It was the first book I read that I genuinely learned from. It gave me the education and the structure I needed. And even more importantly, it gave me the confidence that as long as I stuck to its fundamental principles, I would be on my way to becoming a consistent, profitable trader.

    A good place to start

    I enjoyed this book and it absolutely provided me with the info needed to get started. The author writes clearly and is easy to follow and the advice presented is solid. He gives many references and tips that I found extremely helpful in starting my trading business. As other have indicated, there are some frustrating aspects of the book but in my opinion it is still very worth the read for beginners. First, the author has a habit of writing about things (for pages, sometimes) that he has not yet defined. VWAP for example, is discussed all over the place, but not defined or explained until page 168. Second, the author makes it clear SO MANY TIMES that day trading is difficult. It's a valid point and I'm glad he makes it, but I didn't need it to be pounded into my head quite as much. Third, the book is titled as a beginner's guide, and most of the book reads this way, but every once in awhile the author forgets who he's talking to and writes something like this: "if you are expecting a break from a strong support level to the downside..." ("break", "strong support level" and "downside" all being concepts that were not yet defined). I spent much time rolling my eyes and wondering what the heck is he talking about?? Overall, highly recommended reading that I know I will come back to again once I better understand some of the concepts.

    Right to the point.

    This book is awesome. I have some background trading but nothing special. I lost about 20k messing around in the markets trying to figure out my strategy, which i fully expected, but this book brought it all into focus for me within the first 50 pages. I corrected the things that i was doing wrong and for 5 straight periods i've profited 1k or more to a total of 5723.90 with no losses. This book does a great job, and is modern. It speaks about things like how Robin hood comes into play and place like Stock Twits. Great read def recommend even if you have some trading experience but struggle to find a good system. The things it speaks about, most of which i knew but sharpened the point so to speak on my knowledge and pointed out what i was doing wrong.

    A beacon of light in a very dark world.

    With my 60th birthday rapidly approaching, I decided to stop being a passive investor and take responsibility for my own investment portfolio performance. I took an interest in day trading as an adjunct to that, and discovered that I had many misconceptions on the topic. Unfortunately when I made an honest attempt to educate myself, I encountered a seedy underbelly looking to take advantage of the nieve and/or desperate among us. Fancy foreign cars, scantily clad bikini models, and Learjets are all fun to look at. But in the world of trying to find sound information on starting your own day trading business, they serve as red flags indicating danger ahead to both your day trading career, and your wallet. I honestly believe that Dr. Aziz's book, and in fact his total body of work, is the antithesis of what I had nearly concluded was a world completely consumed by charlatans and snake oil salesmen. I believe that Dr. Aziz has the heart of a teacher, and his primary motivation is helping people determine if they are suited for the serious business of day trading, and if so, provide them with the best foundation from which to build their business. I immediately opted for the modestly priced trial of his chat room, and the beginners portion of his training material. Unlike one of the other reviews I read, I found his chat room very well done, and it offered total exposure to his Trading Ideas scanner. I personally have made the decision to become a lifetime member. I am that sure that even as I progress along my career, I will still find the chatroom useful, and would be thrilled to have the opportunity to contribute to the success of others. If you have any level of curiosity about the world of day trading, I highly recommend this book. Even if you decide that a day trading business is not for you, at least you would be spared the almost certain pitfalls of jumping in to the deep end of the pool with no idea how to swim. You would have the satisfaction of knowing that you avoided learning a very difficult and potentially expensive lesson the "hard way", and actually found a ton of valuable information at an extremely affordable price. If you have a friend or family member who is thinking about a career as a day trader, I urge you to steer them towards Dr. Aziz book.

    Amazing Read

    Amazing book. Andrew Aziz is truly a master of craft. This book is put together just right for a beginner trader or an expert to re-educate yourself on good principles of trading. There is good substance on each page of this book. I don’t have any real negatives that require mention but in spirt of mentioning something I could’ve done without the suggestions to go vegan, go for 45MIN runs before the market open, give up caffeine etc. he doesn’t come off higher than thou what so ever and I’m sure it’ll make you a better trader but many of us are good with a shower, an energy drink, and we’re ready to go. I’ve seen many reviews that inaccurately portray Andrew as trying to steer readers to his paid online community and yes he does invite you to join his paid community but it is no way near hard sales, he evens goes out of his way in one particular chapter to suggest other communities you may want to look up. I’m really impressed by the quality and am now reading his second book and can say I am a better trader and feel much more confident and resilient to trade the market.

    Disorganized and Unhelpful

    This is a fairly disorganized unhelpful book. A lot of platitudes about patience and discipline that don't teach you anything concrete. A general messy overview of technical analysis. This is what you get, rather than a real primer on day-trading approaches. The section on how to use pre-market scanners pretty useless, which was the main reason I bought it, and it coulda used a section on how taxes work on profits and losses too, but nope. Save your money, way better charting/technical analysis books out there.

    It says "Beginner's Guide" in the Title, and it fits that description to a tee.

    Was always interested in Day Trading, but as most people I was doing it all wrong. I was the king of jumping in on a gut feeling and making money and then giving it back and more because I DID NOT know what I was doing. Andrew is very keen to point out before you do anything else, develop and stick to a RISK strategy. This is the concept of 'R' which he covers well. This book goes through all the basics you need to get acquainted with Day Trading. It is not a 'follow this and get rich quick' book. It is designed to tell the reader the basics, including software, strategies, risk management, personal anecdotes etc. This WILL pique your interest and at least get you to a point where you know basic skills and terms and hopefully will get you on the road to want to learn more. I used the information and went more confidently into Think or Swim paper money and actually understood more than I had before. There is also another side to this book, and it did at first make me wonder what the purpose of the book is. Standalone it is a great introduction to Day Trading. Secondly Andrew is a very successful trader in his own right and wants to give the same opportunity to others. He introduces you to his trading site and the predominant software they use. I ended up doing more research and joined the community and found it to be exactly the group I was looking for. On the other hand, one could read this book and be fully ready to get for example Think or Swim with Ameritrade up and going, join a different community or go solo, and be at lest confident you have a firm understanding of the basics.

    10/10

    Dear Andrew, I absolutely loved your book. I can not describe how much I enjoyed late nights, reading and highlighting while listening to jazz instead of doing homework. You remind me so much about a mentor of mine (my tennis coach) when you are honest about the game, and wether or not it is worth it for YOU to spend your time, money, and effort on the game (based on a few basic personality traits). The somewhat disheartening and scary truth is something both of you use as a disclaimer and I think this is quite professional. Even though you two do this, you both maintain a good balance between the truth and encouragement. My favorite part of the book started around page 200 and it got really good at the very end. I was so inspired after reading and thinking about the lines, “There is no shame in failing as a trader. The real shame is in not pursuing your dreams. If you are passionate about trading and never try it, you will live your life wondering what might’ve been. Life is too short not to embrace new challenges. To take on any challenge in life and fail is very honorable.” I will remember those lines for the rest of my life. The more often I think of those lines while I’m still young (16), the more of an impact they will have on my life. I hope you realize that I wouldn’t have wrote with such volume and detail if I wouldn’t have loved the book. Bonus: You also helped me discover how much I love reading non-fiction books. I would love to know how you liked my review/writing. Thank you for everything, Andrew. Peter Anastasakis

    Excellent book, but...

    I think this book is excellent. It’s well written and thorough. I’m only about half way through and I already feel a confidence with the approach and mentoring that Andrew gives through his writing. I only have one minor gripe and hence the 4 out of 5 stars is that the setup it seems Andrew is pointing towards is rather expensive. With trading platform with data, brokerage fees, chat room membership and scanner software you can expect a significant monthly bill before you’ve even made any winning trades and that makes day trading feel somewhat inaccessible to many. Add to that the risk of using an offshore broker because you don’t have 25k$ hanging around it’s intimidating. If you have the means and resourcefulness plus the self discipline to follow the method I believe with practice you can be very successful.

    Absolutely Incredible Book

    I just recently got into trading and am currently in the learning phase. I've owned a few businesses over the last 7 years and have learned a ton from others, whether in their books, online courses and videos, Facebook groups etc. I've come to recognize the serious from those just playing around. Andrew is definitely serious. I see these youtube ads pop up all of the time while studying from people who just think they can flash some cash, promise huge returns and the good life while saying nothing of the hard work, dedication, and price that must be paid to succeed. Andrew talks about that price and lays it all out, not promising anything but success WITH hard work and commitment. My favorite part of the book was his teachings on trading psychology and the right mindset to have to be successful. As a new trader, it really set the bar for me right out of the gate. It is preparing me mentally to climb this mountain. Thanks Andrew for putting out this book and being real, honest and open about the reality of this business.

    If you want to Learn Day Trading, this IS THE BOOK!

    I am 100% a Noob to Stocks, the Market and Day Trading. I tried a few years back to learn this by purchasing some cheap course/information online from someone and only ended up more confused. They were more into throwing patterns and strategies at you right from the get go. The information was everywhere and it was not arranged that well for someone brand new. Fast Forward to this book. WOW, I have understood everything and it is laid out in a manner so you DO NOT GET CONFUSED! This book is great for people brand new to trading, because he breaks everything down including the advanced stuff. If you want to Learn Day Trading, this IS THE BOOK!

    I stumbled across a gem!

    I stumbled across this book at the beginning of lockdown in New Zealand, wanting to learn a new skill in a different industry outside of mine (acting!). I instantly LOVED this book, and up until this book I was afraid of the word stockmarket, yet alone day trading. But as I began to fall deeper and deeper into the book, Andrew writes, explains and teaches you in a way that builds a slow rising flame of passion upon the subject! As soon as I finished the book I went straight to his day trading community and signed up! I then brought a new laptop, jumped onto a day trading simulator and started to practice! I even EMAILED Andrew for help about trading and he lent me his wisdom! 10/10 would recommend this book to ANYONE who would even just like to read about something different. You could literally read this book just for fun and gain insight because Andrew helps demystify the world of day trading. but he also makes it dangerously fascinating, I would recommend this book to ANYONE who wants to learn about a new subject. JAMES GORDON

    Well written, informative, and enjoyable.

    Having read numerous books on trading, both swing trading as well as retail, I can confidently place this book at the top of my list. Andrew Aziz is, of course, exceptionally knowledgeable, but so are the authors of all the books that I have read. What sets this one apart is that the information provided is not only in-depth, but clearly presented in a logical and well structured manner. Mr. Aziz provides beginners with a solid foundation on which to build, and at the same time offers those who are more experienced plenty of more advanced concepts that they can apply. Perhaps the best aspect of this book is that, while it deals with a very technical topic, Mr. Aziz has a most readable style of writing that holds my interest. Almost all of the other books I have read are as dry as the Sahara. Mr. Aziz presents his information in a very conversational manner which is a joy to read, and he even can bring a chuckle occasionally with an understated and subtle wit. It is quite an excellent book to be sure. And while the price is very affordable, if you are interested in day trading you cannot afford to miss this one. I highly recommend it.

    Don't bother...

    You will be amazed at how little, useful information can be uncovered in 272 pages. You'll get a few useful tid-bits, but most of it is information most traders (yes, even beginners) would already know. If you're searching for the Holy Grail of day trading advice, this is NOT it. I'm giving my book to the local thrift store (perhaps, somebody can use it as a doorstop).

    Don't start day trading before reading this book!

    I found this book after my 3rd decision over the past 15 years or so to try day trading. The first time, I had absolutely no idea what day trading was, tried what amounted to swing trading with no system in place at all other than to buy some stocks with good names, buy low and sell high. I didn’t lose a lot, compared to how much I could have lost, but let’s just say the money could have been better spent on a nice vacation. The second time I decided to try day trading was the first week of March, 2020. I was doing pretty well, and made $1000 that week picking stocks that went up and down a lot every day in the same pattern, buying when they were down and selling when they were about half way back up as a cautionary measure. It seemed too easy until Monday rolled around and things went South. Luckily, I had decided to trade only with my profit from the 1st week, but I did indeed lose the whole $1000. That I broke even in this second attempt at day trading was dumb luck and I could have just as easily come out way behind. The third time was about 6 weeks ago when I was in a meeting and my client was taking a long time finishing some paperwork so I thought what the heck, let’s see what’s happening with an IPO I'd read about the previous day. I looked, it was pretty low and clearly on its way up, so I thought “why not, I’ll just buy a share and see what happens.” About 15 seconds later my client was still busy writing, so I checked my phone. Oddly, I saw the number “100” next to my order and suddenly realized I’d bought 100 shares rather than 1 share. My heart started pounding, I told my client I’d be right back, and without even knowing what price the stock was at I set it to sell 100 shares at market. Luckily it had still been on its way up and I made $750 in less than a minute. But I could have just as easily blown up an entire retirement account. A little richer but still sort of terrified, I returned to my client, who was still doing paperwork, and I concluded 2 things: (1) THIS is how people with a lot of money to put into a trade make a lot of money quick; (2) This is how people who have no idea what they are doing can lose EVERYTHING. Due to unfamiliarity with the software (the default was set to buying 100 shares) and diving in before figuring out how to set a stop loss (not mentioning having no system for when to buy or sell other than “buy low sell high” with “low” and “high” being purely subjective judgements based on uninformed guessing), I could have just lost years of savings in 45 seconds. Needless to say, a potential profit of $750 in exchange for a potential loss of years of savings is a terrible risk/reward ratio and really stupid. That evening, I started looking for resources on how to day trade and found Andrew’s book, which was just what I needed: A game plan. Just as you don’t (and can’t) just decide one day “I want to be a motocross racer,” buy a motorcycle and ride it into an ongoing race in Daytona, the fact that you CAN decide “I want to be a day trader,” sign up with a broker, buy a platform, set up three 32-inch screens and start day trading doesn’t mean you SHOULD. Andrew’s book provided lots of answers to questions I’d often wondered about with regard to day trading (and the stock market in general), as well as answers to questions I hadn’t even thought of but which are important to consider in deciding whether and how to day trade. In short, he addresses the Who, What, When, Where, How and What of day trading: Who: Me? What does day trading entail, and how can I determine whether it’s for me (without diving in willy-nilly and blowing up my account)? What: What type of trading you are suited for (if any)?; What are the characteristics are of stocks likely to make you money and stocks likely to waste your time or worse? When: When should you just watch, when should you buy and when should you sell? Where: Should you use a simulator (yes, for at least 3 months) or real money (not for the first 3 months minimum)? Where should you park your money (what broker to choose) and which platform (trading software) should you use? How: How do you go about developing strategies for identifying stocks likely to make you money on a given day or a given time of day, and strategies for buying and selling that maximize potential reward and minimize potential risk? Why: Good whys (to learn and practice a potentially lucrative profession) and bad whys (to make money now and fast). For readers who decide that they want to pursue day trading, Andrew provides links to brokers, platforms, and software that he and his community of traders themselves use, and invites readers to join his online community (BBT; BearBullTraders). After reading the book, I joined the community and have been attending their morning chatroom (and am currently changing my work schedule to set more mornings aside for the purpose) in which Andrew and his team put on the screen the live scanner that they use to identify and present their rationales for choosing the “stocks in play” for the day (the chatroom is free on Youtube from 8:30 to 9:30, then becomes accessible only to members of BBT from 9:30 for the rest of the day). As member of BBT, there are lots of videos on various aspects of day trading, including beginner to advanced level videos on day trading basics, strategy, technology and psychology. There are also numerous live webinars each week including on-boarding, technology (e.g., scripts for executing certain types of trades), mentoring and trading psychology, as well as a forum where members can ask questions with timely feedback by seasoned traders. Finally, Andrew himself makes himself available for questions and mentoring (when I sent him an email while reading the book, he responded the next day from a climbing/running vacation in Ecuador).

    Short, Information Packed, Easily Understood but Slightly Repetitive and Contradictive

    In general, this is a fantastic book. I have a hard time reading lengthy books, so this was a perfect overview of many of the most important aspects of Day Trading. He is easy to understand and does a great job of either avoiding domain specific lingo, or explaining what the lingo means as he mentions it. Although, I do think the book has some fluff. The last chapter is probably unnecessary. You will see that he repeats the same few things over and over again in slightly different words. Also, he has about 20 different things that are all the single MOST important thing to remember, maybe he couldn't pick a favorite. You may also notice that certain things he says in the book contradict/clash with other rules/concepts stated in the book. I caught this a few times, and these were the few things that confused me and made me feel less confident in beginning to day trade in a simulator. I will need to iron out these kinks myself.

    I'd buy them again in a second!

    I really can't say enough good things about these books, the author and the community they represent. I was fortunate to have stumbled upon these resources early in my journey to becoming a more informed and educated trader. I couldn't put these books down and really enjoyed the plain english explanations of a subject that can get real technical if you let it. Andrew and Brian do an excellent job of breaking down each area of the day trading discipline: The, "in's and out's" of how day trading works, the psychological mindset of a successful trader(absolutely required reading), how to find, "the right stocks" for trading, setting up your trading platform(both hardware and software) etc. It's a well thought out, "how to" manual to get started with your EDUCATION. My humble advise... Get these books and read them cover to cover. Put them on your shelf to build your reference library. If you're interested in becoming a student of the market and trading live with you hard earned cash DO NOT go it alone, join a community and find a mentor. I use bearbulltraders.com. There are other communities out there that I'm sure are quite good, this is the one that I found is the best fit for me. Lastly; and I can't stress this enough. Practice in a simulator before going live with your precious capital. Then practice some more, then practice some more. Once you've compiled enough data to prove you can make more than you lose, you'll be ready to start small. Then the real education begins! Hope this helps you make a more informed decision about how you'll choose to learn about this challenging and rewarding avocation.

    Not a beginner book

    I think this book went over my head. There were a lot of terms and phrases that I couldn't really grasp the way he described it. It doesn't really teach you how to start from nothing (it costs $25g to start trading, which I wish I knew before buying this book). Most of this book just teaches you the psychology of trading, but I still don't have any idea on whats happening and I was 60% of the way in. I feel like this book is for someone who already has their feet wet with trading and who have already started. I do not think this book is good for beginners.

    Very Honest book on what trading is about

    This book is for beginners however intermediate traders can learn a lot. Andrew is honest that you can't start trading after reading just this one book. You have to read a lot. Unlike other books which state that read this one and you are ready to trade and need nothing else, andrew is very honest about what you are getting yourself into and what all you have to do to get there. I trade options swing trading , made over 6x last year. I found chapter 7,8,9 very useful. Other chapters are meant for beginners just starting out. Half knowledge is dangerous. Had i not read last 2 chapters i would've probably ended up giving this book a bad rating however last 2 chapters state exactly that . Book is honest that just just gives you a very good insight what all you have to do to get to fulltime trading. Every beginner should read this . THis would not help you earn boadloads of money as day trader but help you understand what all you have to do to get there

    Great book to learn new skills to be able to start the day trading journey

    After finishing this book, I really enjoyed it as it is written in a easy to read format. As a beginner myself, I have been researching day trading because I want to jump into the world of day trading myself and this book which is catered to beginners puts thing in a way you can understand. This book helped me to understand more about day trading than the hours of youtube watching I did. The book is categorized in a way of what you should know first and then builds on that. It goes over a few strategies to help you start practicing day trade. I think the best part is that no BS approach to day trading that the author uses where he puts in perspective that if your going to day trade you need to take it seriously. However, the book, as the name implies, is intended for those trying to make a LIVING (aka your main source of income) hence why he takes the approach of reminding you that it is a business and should be taken seriously. not trying to dissuade people from day trading. I myself just want to earn an extra income of it but the book really did help me to understand what to look for when it comes to day trading. Overall I highly recommend this book for beginners regardless of whether you want to quit your job to day trade or just make an extra income (though I don't recommend you quit your job until you know you become a profitable day trader).

    Very down-to-earth

    This book is very well-written for a beginner trader. Andrew explains things in a very easy to understand, approachable manner that demystifies day trading to anyone wanting to get more information on how to get started. I loved that his tone is NOT like many day-trading "gurus" who hype themselves up and make day-trading sound like a get-rich-quick scheme, promising wealth to purchase fancy cars and expensive vacations. Andrew is very honest about how much work and self-discipline is involved to become successful. My only complaint about the book is that he uses some terms frequently, and then several chapters later gives the definition that would have been much more helpful to know before. (Support and resistance, for example). The book is definitely helpful to someone like me who has thought of day-trading but didn't know where to start. I am considering joining his chat room and taking his courses, I will update this review later if I decide to do so.

    The Bible of Day Trading

    This book has all the knowledge pack in a concise manner, easy to understand and fun to read. I consider it the bible of day trading as it teaches you from a beginner perspective to advance concept on how to start your day trading career. The author treats Day Trading as a business, teach about risk management, self psychology evaluation, tools and techniques needed, how to select the best platform, identify the proper stock to day trade and strategies that match your business plan and risk tolerance. I am in my 2nd month in day trading and this book has help me learn how to be consistently profitable and avoid the common mistakes I used to make in order to protect my Day Trading business.

    Beginner Day Trader

    The Title of the book caught my attention. I'm seriously considering making this move in my career. I'm a Silicon Valley Electronics Engineer by trade and a hobbyist investor. The valley and the market is not what it once was, especially for those near the end of their career. My wife actually put the idea in my head. Why don't you try day trading?, I think you'd be good at it. Andrews book is just what I needed, more or less a quick overview of the profession and the realities of being and becoming a trader. Some basic do's and don'ts and a lot to think about. Fortunately for me 30 years of engineering analysis and from circuit design to statistical analysis in front of of a computer makes this quite easy for me. From complex spreadsheets to complicated computer aided design of analog systems this is all relatively straight forward. However, with that said Andrew is correct about the effort and discipline required regardless of your background. I like the approach and honesty. However I'm going to give it 4 out of 5 stars as I think that the book needs a cleanup revision/update.

    Absolutely Fantastic Read!

    This book has been an absolute blessing to someone who is new to trading. It reads very easy. Andrew is obviously the smartest guy in most rooms, but when reading his book he relates the market and it’s terminology to where everyday people can not only understand it, but learn immensely from it. I have read and highlighted so many important things in this book and am ever grateful that he wrote it. Thank you from the bottom of my heart Andrew. See you at the top!

    Perfect Intorduction book - NO BS

    Andrew's writing style is approachable and concise. There is not one wasted statement or bit of fluff in this book. It is honest, thorough, and a very easy read. I finished it in 3 days. In this book, you will learn everything you need to know to make a decision about whether or not you'd like to day trade. He makes no claims about how to get rich quick, he's honest about the difficulty and time investment required. He also lays out 10 hard rules to follow and guide you through your Day Trading career and he lays out specific strategies, complete with useful illustrations to help you visualize his trade execution. This book, in my opinion, is essential reading for anyone looking to get into Day Trading. One more thing...Very rarely do I find a kindle/electronic version of a book to be the best way to read something - I always prefer paperback. In this case, given the visual aspects in the trading strategies sections, the kindle, in my opinion, is the best way to digest this book. Enjoy it - Andrew is a natural teacher and I will be researching his online material further.

    Day Trading explained in simple terms

    Reading this book has been a huge eye-opener for me, Andrew explains everything you need to know about day trading in a way you can understand. I hate reading books as I tend to learn better hands-on and as you go, but with some costly mistakes in the past, I decided to change my thinking and find other ways to learn. Now I stumbled across Andrew's book by luck, but I am absolutely thrilled I did. It is very easy to read and follow (I finished it in 3 days again I hate reading as my attention span is very limited). I also purchased his Advanced Techniques in Day Trading and again a very smart purchase. I am looking forward to reading his other book Mastering Trading Psychology as I have come to realize from past history and Andrew explaining trading techniques this is where I struggle the most. ***FYI during his book, Andrew continues to reference if at any time you have a question to email him. When I started reading I would just research my questions as I am thinking every how-to book authors say this and when you reach out you never hear from them. I had a question that I could not find a reasonable answer on my own so I reached out to Andrew, he responded and was a huge help in making me understand.

    Excellent!

    What Dr. Andrew Azis is offering here with this book, is a very organized method in becoming a successful professional day trader. He has certainly assisted me in being confident in moving forward in what is considered as a very-difficult profession. He shows the reader that the wheel has already been invented. It is the trader who needs to make adjustments. I intend to follow closely what Dr. Azis has laid out here, and cautiously make slight adjustments, that he states may be more suited to the reader’s individuality, but will maintain the body of his methods. He genuinely wants to help new day-trading entrants, like myself, to become successful. I consider myself very fortunate in locating this excellent book.

    This book is a great resource for people learning to daytrade!

    This book is a great book for a beginner. In fact, I’ll bet you could read this multiple times as you begin your daytrading career. This book is packed with information that will help you learn the language and recognize patterns that will help you become a successful trader. Contrary to a previous review I read, this is written well, and is an easy read. I recommend the book, and I also recommend that you take your time reading it to make sure you understand the concepts and principles that are being provided. Remember, daytraders benefit from sharing with other daytraders - so for anyone to infer that the author of this book is self serving just isn’t accurate at all. Thank you Andrew for writing this book. It has benefited me, and I know much more about daytrading from reading it.

    Very good book for beginners

    I've read the whole book and it offers in a very easy style the highlights of what day trading is. What to keep in mind during the learning process to finally be ready to day trade for a living. I'm a beginner, I have a mentor and a a group trading and I take this information like a very good complement for my education . I'd like to see a book full of the most famous strategies for day trading. The ones you have written in this book are really good and I personally have used some of them in a simulator , but it's just a bite and I want to see more of these well explained estrategies in order to have more options and select those ones who I can adopt according to my personality.

    Good book for beginners

    Good book. Great advice and value for the price! The author is right on with day trading. It is a very difficult profession. However, with hard work and excellent risk management it can be done for a living. This is not a get rich quick profession as he clearly states. There are very specific rules you must create in order to be successful. He clearly states that trading requires quick thinking and lots of preparation each day. Learning to become a day trader is unique, and your strategy will ultimately depend on what kind of set ups you prefer to trade and also your risk tolerance. I would recommend this book for anyone who is interested in learning more about getting into day trading. Then buy another book on technical patterns. And finally open a paper trading account to see if you can make money trading.

    Risk Management and Reality Check

    New and aspiring day traders definitely must read this book. It is a big fat reality check to the brutal mosh pit of day trading, explained in a very kind and nice way. It is a good foundation to mentally preparing the long journey in becoming a profitable trader, and Andrew Aziz encourages the reader to never stop learning should they pursue day trading. From helpful hints, tips, general guidelines, thought processes, trading strategies to even recommendations for brokers and platforms, Andrew Aziz really HELPS set up the newbie to be prepared in sailing the seas of day trading in the stock market. Yes, I said "prepare" instead of "get started" because this book is not a treasure map for a quick and easy profit. Almost 2/3 of the book is about risk management and controlling one's emotion. Preparation is key. The strategies for day trading given in this book will mean nothing if the trader impulsively buys/sells out of an emotional reason, potentially losing more (if not all) of their invested cash. Andrew stresses this constantly over and over in the book because it is that important! He most definitely expects the reader to do some homework on the trade business itself, as this is not a book on how to make money for a living. What's my most important takeaway from this book? Risk management and emotional control, duh.

    To much about nothing.

    Written for 7 year old's.

    Well written, full of hard practical information. Tough but encouraging and inspiring.

    Mr. Aziz doesn’t mince words. The book starts out by stating the facts of life regarding day trading, unlike the slew of emails I get promising fast profits if I send money for their magic secret system. I have learned that the only profits go to these promoters! It’s going to take hard work and discipline, but I feel confident that I have been given the basic information and tools to make a success of this. My next read will be Mr. Aziz’s Advanced book. I hope that I can assimilate the content therein. Finally, heartfelt thanks for sharing your knowledge, experience and guidance.

    Not for me, but YMMV

    Not a book for absolute beginners and a bit too basic for someone who’s been studying for a month or two. Not sure how I feel about a book like this when there are a ton of videos out there that do a better job, and free of course. When I first started this book I had no idea about trading and it’s very hard to read a page or two without getting completely lost, but when I pick it back up again 3 months later, it felt a bit too basic with no new informations. Maybe it’s just not for me. Trading is all about practice practice and practice, stick to one strategy and master it. Also, use small sizes. Trade with 100 dollars at a time if you are comfortable loosing 20-30, because for beginners it’s so easy to lose sight on money management. Being a successful trader is not about winning big, it’s about losing small. Good luck y’all.

    One of the best practitioners book on day trading!

    I have read a lot of books on trading but this is undoubtedly one of the best practitioners book available. First of all, don't expect this to be a playbook of fifty trading strategies. This book sticks to about ten easy to follow, tried and tested strategies. Where this book excels is in detailing those ten strategies with actual steps of execution. Some more positives about this book - Andrew doesn't set crazy expectations like "you can start making money from day one". He instead sets realistic expectations on day trading as a career. Often he gives a reality check to ensure you know what you are getting yourself into. The best part though is that he talks about key success factors without sounding like a preacher. The true brilliance of the book lies in its ability to lay the foundation in the first few chapters before unleashing the strategies in the subsequent chapters. As a reader, you will appreciate the importance of the foundation once you get to the chapters on strategy. I will definitely keep this book as reference whenever I like to level set on basics of day trading in the future. Thanks to Andrew for a great read!

    Excellent book for day trading

    I read this book and have been making money day trading for the last 3 months. But I have been following and investing and studying stocks for about 7 years. Even then day trading is alot of work and can be stressful. If you know nothing about the markets and read this book will you make money? Not likely but this is a very good starting point. You need to be able to read candlesticks, fundamentals, understand shorting of stocks and a dozen other topics that take time to learn. Besides all the technical aspects the biggest factor whether you can make money day trading is your personality. Read books on psychology of trading to understand why people do stupid things in the stock market.

    Not a promise to get rich....but a solid roadmap to day trading

    I was looking for a book on how to day trade. Not a book on how to get rich quick. I’m pretty sure I found it. First, I want to say thank you to Andrew for writing this book. And second I want to thank all the leadership team at BBT and the rest of the daily BBT members in the chat room. All of you make learning this topic a wonderful experience. It’s a very supportive community. How to day trade for a living really connected with me. In his book, Andrew talks about day trading being like a sport; requiring dedication, training, and analysis of past performance. Being a former pro athlete, this message really resonated with me. Andrew discusses, in simple terms, the skills to learn, the tools to succeed, the countless hours of practice required, the mental resolve to push thru the hard lessons, and knowing when you’re ready “to PLAY”. Why I wanted to learn: It’s late April of 2020. Like many others, my industry is shut down due to the coronavirus. My clients are saying that they don’t see needing my services till mid 2021. That gives me over a year before I can even think of going back to my career of 30+ years. I needed something to do. Something to challenge my brain. I’m pretty good with computers, software and psychology. So I thought I’d give it a go. The Skills and the Tools: It’s been a couple weeks since I got my trading system all set up. I’m not allowed to trade using the DAS Trader and Interactive Brokers account. It’s a compliance thing with my wife being a CFP. So, for now, I am using TD Ameritrade’s ThinkorSwim platform. But, the tools are only as good as the one using them. I learned that in professional sports. If you have the physical AND mental skills, the tools just give you a small edge. If your physical skills, practice, and mental conditioning are in the top 1%, then you can succeed with any tool set. I’m a very visual person, so seeing candle patterns seems to come easy. My setup is an Alienware laptop and (2) 43” 4K Monitors. Big enough for seeing the stock scanners and the ThinkorSwim charts & data. There’s a 2nd laptop running the BBT chat room; with audio. Practice: I get up at 5am (pacific), get my self ready and do my own research (using Trade-Ideas), before the Chat room opens up at 5:30 ….with Carlos and Norm doing the pre-day. The open is a CRAZY thing to watch. When Andrew says stay away from the open then you’re a newbee…. You better believe it. The HARD lessons are best learned without harming your bank account. As Instructed, I’m using paper money and it makes learning a lot less stressful. (Sort of) ! I spend each day, the WHOLE day, testing my skills during the open, mid to late morning, and afternoon. I test different patterns at different times of the day, while learning to read 1m, 2m, and 5m charts at the same time. Am I seeing what I WANT to see, or am I really seeing REALITY. When I was a pro tennis player, we practiced countless hours. We studied strategy. Every day. All Day. And if we were not on the court, we were building physical strength or psychological strength elsewhere. We were dedicated to our craft. This is one of the primary messages in Andrew’s book. Mental Resolve / Hard Knocks: At the end of each day (1pm pacific) I review ALL my trades. Good traders seem to be doing 5 trades at most each day. They’re patient. They look for the signs. I’m LEARNING my craft. I trade all day long to see if I can succeed …. and if so, when and how….. and WHY. By reviewing all my trades, I can go back and see if there really was a setup (or not). I journal what I saw and what I think I saw. Least week, my worst day was +480 and my best was +1800. Yesterday, my first trade was -858. After reviewing my trades, I found out that I would have been +2400 if I had set my stop loss at 80cents, not 50cents. Today was a +520 day in just 2 hrs. The first trade was -60 and the second was +580. After reviewing my trades, I would have made more if I had been a bit more patient on my exit. I’m LEARNING and my losses teach me more than my wins. The best football players watch more game film. A great baseball player only gets a hit 40% of the time. In summary. This book starts you on the path of being a day trader. It does not promise that you will become one. But, If you have the personality traits and are willing to put in the effort, it will be well worth your time! It’s up to you!

    In one word...Invaluable

    I can't stress enough how much I enjoyed Andrew's book being fairly new to the trading world and to day trading specifically. His teaching methods and conversational style made it very hard to put down at times. I HIGHLY recommend this book to new and seasoned traders alike if for nothing else than the Rules he lays down along the way in the book should be practiced daily if not hourly as they outweigh any experience or knowledge of the trading world in general. I'm obviously not a professional reviewer but just wanted to give my personal recommendation to Andrew, his book and his trading community as well (I am not a member but if they are anything like Andrew then I'm guessing that they are a great bunch of people). I can't wait to dig into his Advanced Techniques in Day Trading next!

    Watch strategies on YouTube or take a course on Udemy instead

    I’ve read several books and taken several courses as well as watched YouTube videos on day trading. This was essentially a waste of time, even though there were some good strategies... it just took too long to get to what would be an hour or two on sites like Udemy for example. I don’t like his writing style either. You can tell he’s got a huge Ego and is not the best writer for someone with a PhD. For example, why include so much about your personal life like not eating living things with blood and saying that there’s at least one day a month that he questions his career path... makes sense why you are writing this book now, to offset that feeling that day trading isn’t as consistently profitable as it’s made out to be with some extra cash, or you’re just not a professional yet... You also use a LOT of Ross’s material from Warrior Trading... that sand box analogy was identical.

    The real deal

    Did you ever read a technical book that was so complex that you had to read each paragraph twice to understand it? Well, this is surprisingly NOT the case here. The author does an amazing job simplifying concepts and building a narrative that is so easy to read. If you are totally new to day trading, this book will help you understand all the fundamentals. If you have already been trading without a solid strategy (my case) and need to up your game to build consistency, this book is where you start. Then you should probably also read Advanced Techniques of Day Trading by the same author, to deepen the trading strategies and technical indicators knowledge.

    I was looking for a book that give me a summary and introduction to this way of trading I like this book for the following reaso

    I am a new to day trading, I was looking for a book that give me a summary and introduction to this way of trading I like this book for the following reasons: 1. It is concise, you can read it in a few days. 2. It is clearly mention the risks of involving with this type of trading. 3. It introduces only few ways of doing the day tradings so It does not confuse any one with a lot of technical formulas. 4. I like the idea that the author recommended in the last chapter a healthy life style as a way to do better job in the trading!, I am planing to jion the chat room and get some real life introduction to this type of trading.

    Excellent overview of key concepts and indicators, but note that there are many other ways to trade

    Andrew's book was the first piece of trading literature I read and helped me tremendously in getting through the difficult, and often painful, learning curve this pursuit requires. Besides focusing on the clear and simple strategies that many in this community share, I've benefited most from watching Andrew and the other moderators in the chat room show up each day with a consistent, balanced, long-term approach to trading. Simply being reminded each day by example of how to avoid FOMO, take profits, cut losses early, and come back again tomorrow has done for my growth more than hundreds of hours of studying charts, patterns, indicators, techniques, etc. Note, however, that although these strategies and ways of conceiving a trade work for Bear Bull Traders, there are infinite styles. You've got to think and experiment for yourself, expose yourself to resources from many other educators to develop a fuller understanding. What may be taken for granted as a 'best practice' in this community may be completely off radar for another, equally profitable and sustainable approach, and vice versa.

    A True Gift

    In my experience, in the end, life is less about what we do and more about how we do it. Are we honest? Are we transparent? Are we compassionate? How much do we give? Are our motivations self-serving or not? In a field where newcomers to Day Trading can easily find themselves adrift in a sea of confusion and questionably motivated books and resources, How to Day Trade for a Living and it’s author Andrew Aziz, provide a beacon of integrity, clarity and stability for those of us taking our first, wobbly, baby steps toward day trading. Aziz presents Day Trading not as a get rich quick strategy. Rather, he offers us an upfront and searingly honest picture of an admittedly difficult and challenging road for most. Thankfully, the book provides a wealth of entry level information and tools one can use to start down a productive path, building a solid foundation for a successful trading career. Not only does this book offer a clear and logical step by step learning process, but just as important, it encourages each reader to find their own personal edge in trading i.e., a trading strategy that works for them. Aziz understands there are many ways to succeed at Day Trading and therefore does not tell traders to trade like he does. In doing so, he treats readers and the complex field of day trading with the respect and dignity they deserve. This is the true gift of How to Day Trade for a Living. If you are thinking about day trading as a career, wanting to dabble in trading for extra income, or just curious, I would highly recommend this book. You will be in good hands. As a side note: I have been a lifetime member of the BearBull Trading community since September of 2020 (which Andrew created). The perspective and values presented in this book are also prevalent within the community i.e., from members to mentors. If you are serious about day trading, you may want to check out this community as well.

    I know Kung Fu!

    Well it’s not quite like when Neo learned to fight on the Matrix, but this book is so well written that you get the sense that the author almost sat down and explained it to you. The author wrote it for beginners, hence many of the discussions are brief, easy to read, but quite powerful. For example, his discussion of what a candlestick is telling you is way better than trying to memorize a bunch of patterns, IMO, though he does recommend a book for that. He stresses the importance of practicing on a simulator and gives some strategies to work with. I personally working during the day, so I have been practicing the VWAP strategy on the Market Replay Simulator that I found on the internet. They say only 1 in 10 make it as a day trader and after playing around with it, 10% seems high. I believe I have a better chance after reading this book and I am getting ready to purchase the second one.

    A MUST-READ FOR THOSE SERIOUS ABOUT DAY TRADING

    I read this book after watching countless YouTube videos on how to day trade - and I could have saved myself a lot of time had I just started with this PHENOMENAL how-to book. Andrew covers it all, and I found myself shaking my head several times as he detailed the differences between an amateur and one who approaches trading like a serious business - shaking my head because I pretty much made every mistake he details in his book. I was the epitome of the amateur. So I read the book with a highlighter in-hand, and then I re-read the strategies and took notes. And then I began trading (in TD Ameritrade’s ThinkOrSwim simulator) and WOW. The way I can look at a chart now - it’s like truly understanding a foreign language for the first time! I see so many things that I was blind to before reading the book. The biggest take-away I can give to anyone reading this review and considering this book in helping them master day trading can be stated with one word: EMPOWERMENT. The insights and strategies I have gained from this book have empowered me to change my life. What more needs to be said?

    Essential Game Changing book!

    I've now read both of Andrew's Day Trading books and they have changed my life as they open up the world of day trading to me. Before reading I was a novice and hungry for more helpful information on how to learn about day trading, where to start, and where to go for more information. Andrew Aziz is a great teacher and hosts a fabulous online community as well. After reading this book I checked out the online BearBull Traders community for its 7 day deal, and then about 2 weeks later joined as a lifetime member. I haven't missed a day since, now about 3 months. The books talk realistically about what it takes to day trade: the learning requirements, the commitment, the setups, technical indicators, patterns, hot keys, risk management, software apps... Without these books, I was lost and eager to play, which would have resulted in losing money unnecessarily. Andrew clearly states that not only is day trading risky, but that it takes time to practice and learn - as much as 6 months to a year or more. He encourages his community to start learning and practicing by solely paper trading in a simulator, and for a minimum of 3 months. I followed this counsel and am now in my second month of simulator trading only. This is essential and the only way to learn without blowing out your account. Wealth creation through day trading isn't made fast and takes time to master. I've been working at it for about 4.5 months daily and still feel like a beginner, but I'm now arming myself with tools, books, webinars, two communities... Andrew Aziz is a true leader in the field with heart, honesty and open sharing of vital information. I'm very impressed with him as an author, trader and community leader. He also knows how to run and build a vibrant online trading community. The content, structure and other leaders are all superb.

    Great introduction to Day Trading

    This book is written very simply to introduce you to day trading for those who know nothing about it, like me. After reading it, I checked out BBT for a couple weeks to observe the pros trade in real time. Then I tried the DAS simulator for 2 weeks and read Andrews book on advanced trading technique. Now I feel I have a solid foundation to enter the real trading world, after putting in more time on the simulator to learn my lessons from losses there so I don't have to lose my savings! He does discuss psychology a lot and how there are extreme ups and even more extreme downs as well as the importance of your physical well-being. Just by doing a few irrational trades by going live with real money, I realize just how much mental and physical well-being plays a part in trading. That is equally important as making a sound trade. Anyway, read this book if you are considering day trading! He's the real deal, not like a lot of others who advertise groups of women in bikinis on the beach and fast cars who just want your money.

    Best book on day trading! A work of art!

    Well, first of all, let me keep this simple. This is the best book on day trading. Period. I have read many books on trading and read many books in various genre like medical, politics, current affairs, business, marketing, investing etc and I would rank this among the top 10 books I have ever read. I am no Warren Buffet but I would say that this book is for day trading what The Intelligent Investor by Benjamin Graham is for long term investing. It would be best to read this book with the audio version which is narrated by Kevin Foley who is one of the best narrator I have heard. I have read this book a couple of times and listened to the audio books a couple of times. To give you a summary here is why this book is the best that is out there for day trading - It makes you fall in love with day trading. That is what it does ! Day trading is considered by many as the best way to lose money. This book allows you to reverse the mindset. - It is simple and well written. The flow of the books is such that you want to know what happens in the next chapter, though it is not a fiction! Many day trading books can make you sleep. This is the opposite. Don’t start this book before your bedtime. - Each chapter of the book is explained very well with screenshots, charts and analysis. These are not hypothetical but the actual trades. - The flow and the length of the book is perfect as it is not repetitive and on the other hand explains each topic about day trading in a concise yet a broad manner. After reading this book a couple of times as well as listening to the audiobook I thought I have missed a few years and should have started day trading much before but then when I saw the publication date of the book, which is 2017. Then I think I did not miss much as the reason I am into day trading is because of this book! If you are looking to start day trading this is the first book you should read and listen. The next step would be to join the chat room as well as the classes taken by Andrew. Details are in the book. If you are not looking to start day trading read the book and hear the audio book anyway. It is actually a work of art.

    Really awesome book, totally worthwhile!

    I read the book "How To Day Trade For a Living" and absolutely loved it. It was so extremely helpful and enjoyable. I realized that what I was finding some success doing was a combo of day trading and swing trading. It taught me so much about discipline and strategy and also gave me language to understand what my own personal tendencies and strategies are, which is powerful also! I loved every word. I really thank the author so much. As a random note, I emailed the author with some questions and he even wrote back with a friendly and caring reply. How's that for customer service?! Seriously - this was a gem, go for it!

    Excellent Book to give you the basics and help you determine if Day Trading is right for you!

    Really enjoyed this book. I had been watching some YouTube videos on trading, but I wanted a book to read. Found this one and thought it is only $10 or so, and has so many good reviews, it has to be good. I wasn't sure exactly what to expect with the book in terms of actual process, setups, terminology and such, but was pleasantly surprised! I learned a lot from this book, ands enjoyed the teaching style, I ordered his other book for Advanced Trading Techniques before I finished this one! This book further emphasized things I was pretty sure of. You need to be disciplined, you need to have a routine, and you need to take emotion out of your trading (well as least as much as you can). Trading isn't going to be easy, but I know if I stick to what I have learned here, it will be possible. Andrew's style is so relaxing and straight forward, I feel like he is in real life just like how he comes across in the book. A friend sitting with you showing you the ropes to find out if you have what it takes, and if this is right for you!

    For those New to Day Trading

    An excellent book for those, like me, with little or no knowledge of Day Trading (not to be confused with Swing Trading -- what most of us who are in the Stock Market do). The book provided me with everything that I would need to know to get started in Day Trading, including access to Mr. Aziz's excellent web site/chat room. [Note: after an introductory period there is a charge to use the tools and chat services of the web site, though, for the service provided, the charge seems quite reasonable.] I did not find the grammatical and/or spelling errors that have been described in other reviews -- perhaps they were corrected -- but, instead, I found a very readable and informative work that is definitely worth your time, perhaps even "mandatory," if you are considering becoming a day trader.

    Meh, buy the Kindle version if you must.

    I would not recommend this book for a prospective day trader. This book, time after time, self-promotes the author's day trading education site that charges a pretty sum for access. The amount and quality of the book's contents, by way of large fonts and double spacing, can easily be found on the internet for free. That said, this book packages them up together conveniently which I think just could justify the tag on the Kindle but not so much on the paperback.

    Great book! Focuses on simplicity and what really works

    I'm not a big fan of thick and big books in general. If the author cannot distill the bare essence of what they want to convey in as few pages as necessary, then they're just bad at communicating. This book is simple. It focuses on simple models that you can easily pick up and understand. But more importantly, it cuts out 90% of the stuff that's just really not that important. If you have some knowledge of buying/selling stock already and are ready to jump from being an 'investor' to a 'trader', then this is definitely a great book to learn. You'll eventually develop your own style of what works best for you but this book will provide a solid foundation, to begin with.

    A great place to begin your journey

    I picked up this book right at the beginning of my learning about trading and the market. Andrew does a fantastic job of breaking down what day trading is and the mindset that you should use to approach it. If you are looking for a book to tell you how to get rich quick, look elsewhere. This book offers a realistic idea of what being a day trader means and the skills and approaches that have worked for the author. With the current volatility of the market and many new investors jumping in head first, I feel that this book will help any new or learning trader (or investor) understand the stress, commitment, attention, and passion that this career takes, while also helping people who are ready to risk everything "pump the brakes" and realize the risk they are taking if they enter the market without a solid plan and approach. This book is not all encompassing, and it would be ignorant to expect that you could learn everything about a stock market that has thrown countless traders and investors by the wayside in one single book. If you use this book as a starting point, however, it will hopefully give you a strong base to build and learn from moving forward. A sincere thank you to Andrew and Bear Bull traders, who will even take the time to respond to you via email if you reach out (the author leaves a few places to test yourself by emailing him your answers, and his response was prompt, kind, and gave me much more confidence moving forward).

    Buy this book

    This book by Dr. Aziz is outstanding. When a person involved in the markets that they lose money as Dr. Aziz does once in a while , you know that he is honest and understands the trading game. I have well over 150 books on the markets and this book although small length is large in knowledge. Dr. Aziz does indeed understand the trading game. He has done an excellent job teaching would be traders how to day trade and be successful. This can only be done if you follow all of the rules he sets down in his book. I have been in the markets for well over 25 years as well as being a stockbroker at one time in my career. I can honestly say that I have learned much. I plan to take his ideas and as he says create your own trading philosophy. I plan to add what is best to my trading philosophy from this book. Buy this book and you will not be disappointed.

    Easy to follow.

    I rarely leave a review unless I am upset with a product. Even then that product must have been really really bad! But this review is the total opposite. THIS BOOK IS A MUST READ for anyone interested in day trading! The information I learned in this book has been invaluable. I have not made a trade yet, but this book presented the information in a way that actually gave me more confidence in my ability to be able to become a trader even though the author is honest about how many people fail, but lays out a great explanation on how and why they fail. The author mentioned that not all good traders make good teachers. This is not the case for him. I really appreciated this book, and I've already ordered "Advanced Techniques in Day Trading" written by the author. Andrew Aziz thank you!

    This book is successfully applied in practice everyday by the author and the community he leads.

    If you want to get into day trading of stocks (not options, futures, currency, etc) and you are a beginner, this is the book. It will walk you through the systems you need to use (trading software, brokers), strategies, risk management, trade management, psychology. It is an intro book and the focus is placed on providing you with an overall very good idea of what it is to be in this business from all perspectives, and where to start from. It is a very practical book; there are no wasted pages, and the knowledge provided here reflects the reality of what it means to be a day trader. It is this book that made me start to think that achieving consistency in trading is possible, and it all started to make sense to me. The book, however, does not claim that this is an easy business to be in, quite the opposite. It explains where the hard points are, and that achieving consistency will require hard work and a ton of focus, for an extended period of time. You have to be patient and take the long-term view on this endeavor. The book walks you through real setups, real trades, with detailed charts and explanations that tie the actions that Andrew has taken on these trades to the strategies, risk management and trade management that he teaches in the book. Most importantly, what this book teaches you is practiced every day by the author and his colleagues. The author leads a community of traders, BearBullTraders, which I am now a lifetime member of, and I can assure you that everything he teaches you he applies on a daily basis. You can see him live trading every morning in the chatroom, except when he is on a business trip. All the teachings in the book are talked through and demonstrated in practice over and over again by Andrew and his other moderators. You can try the room and see for yourself. What this book is not, is an advanced reading that provides a deeper discussion on reading charts, or a deeper discussion on psychology, for example. There are other books you will have to read as you get more advanced. But this is the book I highly recommend you start with, and I have recommended this book and the BearBullTraders community to all my friends.

    Great learning tool.

    I took the OTA class in August (8 months ago). I have dabbled a little, but mostly have been practicing paper trades. I was overwhelmed when I finished the OTA class, but now with reading the book I have a lot more confidence in choosing trades. I am trying two of the strategies, one hit today and is working well. If you have a base knowledge of terminology and the market, this will undoubtedly help you get into high quality trades with good profit/loss ratios. I am buying the "Advance Strategy" book. I will update the review after I get a few trades under my belt.

    Excellent book for those interested in day trading!

    I feel this book gives a fair and honest explanation of what a profession in day trading requires. I am new to learning about day trading, but the bulk of this book was easy to understand. Even Andrew's strategies and charts (I really expected to feel clueless when looking at them) were explained in a way that I could follow and learn. I have to say, I am impressed at his ability to teach the information related to his profession to a guy (Me) that has very limited experience with the stock market. This book has given me a great visual of the time, tools, discipline and effort required to become a day trader. In addition, it helped me realize the challenges I would face based on my current circumstances... current job, bills, available time, available money, etc., if I indeed do want to pursue day trading as a career. Very thankful to have read it.

    Buy the hype

    Phenomenal insight. You can tell the authors genuinely want to help you get started. I haven’t started day trading yet at their recommendation to prepare for 3-6 months before using real money, but I feel as if I’ve been given a great starting point. He talks about the benefits of day trading, but also ensures you understand the risk involved, and the personality types that will be successful/unsuccessful in this industry. I highly recommend this book if you’re looking to get into day trading but don’t know where to begin or are intimidated by the thought. They give you all the tools, but encourage you to continue your education and develop your own skills and trading styles. Some investment advice can come off as snake oil, but this is the furthest thing from that. It’s an educational tool without promising you riches and fame. It’s risky, but this book makes sure you understand that, and how to mitigate your risk and minimize your losses. Overall, I can’t recommend this book enough. It’s perfect for someone who has 0 experience, all the way up to career swing traders looking to get into day trading. Good luck and happy trading!

    Excellent book. Good read and a good reference to ...

    Excellent book. Good read and a good reference to return to when and if you decide to begin trading. I recommend buying another book or two that also touches on the all important psychology of trading, but I really like the strategy content in Andrew's book and that he doesn't overwhelm with complex techniques, indicators and studies that would imply you need to have a Phd to trade. It's not so much about knowing everything as it is about knowing a few strategies really well and then having the steady discipline to use them properly and to constantly manage your risk. Not easy to do by the way. I have losses to show for my lack of discipline. To be honest, I don't know if I'm cut out to be a trader but Andrew's suggestions in this book are good ones to follow to see if it's right for you. Follow his plan and you'll spend very little to find out if it's right for you. Don't dive in like I did with little knowledge. It can be (and will likely) be costly.

    treat it like a business)

    For someone who has no securities trading experience, "How to Day Trade for a Living. . ." walks the reader through how to begin day trading...SUCCESSFULLY. Andrew dispels common day trading myths, such as "it is a get rich quick" opportunity, "day trading is not easy", etc. He also outlines a list of tools, and their importance, needed to be successful in day trading, such as "Having a business plan" (ie. treat it like a business), being trained and educated in day trading, startup capital, and having the right tools and services. The book proceeds in a very logical manner walking a newbie through relevant topics in an efficient manner. This book has given me the confidence to move forward with a Day Trading business. In addition to the book, Andrew facilitates a day traders group and chat room, where he shares his primary platform screen with the group and talks through, in real-time, his thought process, as he opens and covers his intraday trade positions. He also provides live platform training (DAS, inc. is his preferred platform, so he trains on this), after-hours every 2 weeks. He also provides a recap video of his trading days on YouTube for non-subscribers. Review these videos, and you will quickly realize that Andrew Aziz is legit and real. It is obvious from the details in the book, from his YouTube video recaps, and from observing his support in the chat room that Andrew is passionate, not only about day trading, but also with helping and supporting others to learn and grow their day trading skills and businesses. If you are looking for a great introduction, one that is not too dumbed-down, and one that is not too technical and jargon-laden, this is the book to get you moving down the path of day trading...because it is not just the book, but the eco-system that Andrew has developed to complement the book.

    Consider Other books - Lacks substance.

    Not a lot of substance. I prefer Forex books by other authors like Jim Brown.

    Great book for everything you need to know about starting day trading.

    Unlike all of the adds about, "make millions of dollars in the stock market," Andrew Aziz gives a realistic view on what it is like to trade the market every day. His strategies are laid out so that anyone can understand them. The constant underlining theme of the three cornerstones of a successful trading career is reiterated several times in his book. His Risk Management out look is on par with people such as DR. Alexander Elder. The idea that the market a If you are truly considering getting into day trading I would highly recommend this book. There are no shortcuts to this career and this book is a good foundation for the education needed to be successful.

    An absolute must for any new trader.

    This book is fantastic. It really helped me turn around my trading and improve my mindset. I have heard people say things like “plan your trade and trade your plan.” But I never really understood what that meant. This book gives real life examples, points out mistakes, gives you strategies and the confidence it takes to succeed. I keep this book next to my trading station and reference thing in it daily. I will read this book over and over to keep everything fresh in my mind. If you are looking to begin or improve your trading, start here.

    Turns out to be the style of trading I'm looking for

    Book seems to be well rounded. I'm already becoming profitable in the time I've had this book. I've re-read parts over and over again. I'm also combining other strategies from other traders with this book and have developed my own strategy that's kept me profitable of 10 to 60 dollars a day "small account"with my losses only being 3 to 10 dollars once a week.. sometimes ill allow a 20 dollar loss but rarely. The only thing that's holding me back on serious gains is share size... witch I'll get as i slowly build my account.

    Great book to read

    This book is great for beginner, and experience day traders. It covers in and out for all the details You will need to know and apply on the “ Real Stock Market”. I have 4 books from Andrew – How to day trade for a living and Advanced techniques in Day Trading. 1 paper book, 1 kindle, and 2 audio books. I highly recommend who serious wants to be a profitable trader should read both books. Enjoy reading!! 😊

    This is a really great book

    This book is very easy to follow - even if you have very little knowledge on the subject. Andrew (the author) also has a community established for Day Trading which I initially researched and tested before finding this book. I originally purchased through audible and made notes. I was making so many notes I bought the book so I could underline and do sticky notes. Through the community (Bear Bull Traders) there are tons of classes, mentorship opportunities and ways to educate yourself. There are also slack groups and ways to connect if you’re not accustomed to being alone and want to forge relationships with like minded individuals. I highly recommend this book and the community. I’m new to all of this, but it’s been a blessing to find such a great place to begin this new journey. The market can eat you up so take a beat to educate yourself. You can’t control the market, but you can control what you bring to the table and how you prepare yourself for success. I hope you try this book and wish you the best of luck on your trading endeavors.

    Amazing book - very informative, engaging, and concise!

    Awesome book! I originally started this when I was working in the trading industry to help me understand it better. It definitely helped to provide insights into how traders operate, which was great as I was working on trading technology. I was most familiar with the institutional market so this gave me a very good understanding of the retail portion which I didn't know as much about. It is very apparent how passionate the author is about both trading and teaching, which makes for an engaging read. I also like how he incorporates a lot about psychology into his explanations as well as the stress placed on the importance of processes and systems. I definitely liked reading this information from the perspective of a chemical engineering PhD as it was very structured, concise, and organized.

    Great Intro Book to DAY TRADING

    This is a great book to get you introduced to the main components in day trading. I found it very useful in that it really outlines the basic tools and strategies you need to get started in this career. Some people say that it might be a bit on the "negative" side, saying that it is a tough career and that most people won't make it. I found that was one of the most useful things, being honest and truthful about this career, a dose of reality will help you decide whether you want to hop on this complicated journey. MUCH BETTER THAN A BOOK THAT PROMISES YOU CAN PROFIT FROM THE MARKET IN NO TIME. This brings you down to earth and really gives you an idea of what it actually takes to become profitable. The tone used is easy to read and follow. Loved this book. Read it to get started.

    One of the best educational books I have read!

    Thank you so much Andrew for writing this book. I started by purchasing the audio version first and then I purchased a hard copy. I have wanted to learn to trade for a long time. That being said I had no knowledge of how to do it. This book gave me the best foundation from where to start. It'll be some time before I start so I'm soaking up all the information I can before then. Your book is the most well thought out articulated educational book I have read in a very long time. It is down to earth for anyone to read and honest in it's expectations. You made me understand that the risk involved should not be taken lightly. You didn't write this book to sell it... you wrote it to educate, and it shows your commitment to that fact. Thank you Andrew.

    Great Book!

    This is the best book out there that I have found for someone wanting to get started in day trading. I have been day trading for about 1 year now and I started out by following the techniques Andrew lays out in this book. Andrew is the real deal. He was out here in my home town of Phoenix, AZ just last week and I got to meet him for a "meet up". He seemed to genuinely care about helping all of us new traders and was just a great guy to hang out with. Andrew says in the book that day trading is not for everyone, and he is right. But if you want to give it a try, I would definitely recommend reading this book. It will teach you how to properly manage risk so you do not blow up your account too quickly (haha - or hopefully not at all!) and how to spot those trends that happen over and over again in the markets so you might actually be able to be profitable if you have what it takes.

    FOR A BEGINNER THIS IS NECESSARY

    The author has excellent writing skills and seems to have command of Day Trading. There is a lot of technical information in the book, but it is laid out in such a way that I was fascinated and wanted to dive in to the market instantly. I did buy some stocks, one tanked, so back to the book I went, for information and learning what went wrong. So its not just good reading but a good "go to" reference book long term. One aspect I like about his writing is he isn't pushing his own agenda, just parting is expertise, which sets him up as a good role model.

    This is the one book you want to buy, read, and study.

    I can't say enough good things about this book. It is really the perfect book, and it's not surprising that there are so many 5-star ratings. I have read this over, carefully, underlined many parts in red, and will read it again and again, before I begin "simulated" trading. I lost, and then regained, a great deal of money in the stock market, over a 5-year period. Now, I want to try to make (and possibly lose) money, but all in the same day. Five years is too long to either make or lose money.

    Glad to Read

    Glad to have this book. One of my friends suggested it to me when knowing I am interested in the market world. The content is clear and simple to digest. Those are key points I would like to learn in a trading book for a newbie like me. I have done some trades; some won, some lost. I impulsively enter the trade without much thinking. I do not truly understand why I win and loss. Trying to find the answer/advice to explain my quests. And the book comes to serve me well as a novice day trading. For those who just start to explore the day trade path like me, I highly recommend this book. However, I am not sure the book would satisfy the professionals.

    Highly Recommended

    If you're looking for the book that promises to make you rich overnight then turn around. But if you have an honest desire to learn how to day trade then this book is an excellent first stop! I love that Andrew isn't "selling the dream" but putting you on the path to learn to become a consistently profitable trader with some hard work. He's won a loyal reader here and I've already picked up some of his other books.

    Thank you for this wonderful book

    I spend about $4000 on a 3 day course in Stock Trading a while back. Got some of the basic ideas, but was not confident enough to jump in and trade as a day-trader. Now, I am revisiting the trading scene again and came across this book. I like the author's honesty and the practical, no BS approach that he has projected in this book. The important points that differentiate the author's approach are: Using a sophisticated scanner to identify stocks to work with. Emphasis on perfecting a rigorous routine for day-trading. In my opinion, this book provides a better insight into the world of day-trading than an expensive course, except for the hands-on exercises. **Highly recommended**

    Extremely Good For Beginners, Not The Best For Intermediates

    For a large part of my life I had taken an interest in trading and finance as I have heard so many things about its lucrative potential. All those stories had brought me to be drawn in by this book as I’ve heard many recommendations come from people already established in the industry. The first read, I found that a large portion of the beginning was spent repeating itself, the writing seemed a bit unprofessional and unguided but it did still seem educational. But after that small little bump, I started learning the valuable information and principles I was hoping to get out of it. I may only be criticizing it because I am not a complete beginner, and most of the beginning just seem like principles I’ve already adopted, but if I were a true clueless beginner, I’d find this very helpful as a baseline book to get into trading. Overall, developed some good skills, but not enough to be prepared to confidently day trade.

    So helpful

    Brand new to trading. Really thorough. Clear concise strategies. Using it like bible to refer to. Just have to remember everyone has their strategies that work for them. In the beginning I need strategies to copy until I feel more confident. I really like how Andrew keeps it really simple yet touches on so many important factors especially which strategies to focus on for the three different blocks of time during trading hours. Also, that he talks about how you have to change yourself in order to be successful to face your demons and change bad habits. This is a consensus amongst traders I research and it's giving me motivation to make so many changes in my life as I really dive into studying. Very grateful.

    Great job of engineering a practical course on how to learn a teachable skill.

    I have an MBA and BS in Finance from MIT. I’ve worked for years in business. I even spent my early career as an analyst on Wall Street. Yet, I had no idea how to trade versus gamble on buying stock at random prices and hope for a movement in my favor. I read Random Walk Down Walk Street and was educated that prices follow a stochastic random price movement so had long concluded that technical chartists were insane or hucksters or lucky. Until I read this book and joined this community. Yes it’s an investment. Yes you have to ensure you have the money to do this as the strong caution is to risk very little of your portfolio as a disciplined trader. But if you can, this book and the logical structure of the program Andrew has put together is phenomenal. It’s very legit. It’s not rocket science, but it is a discipline and that’s key. It’s learnable, proven and repeatable.

    The best introduction to day trading book you can buy

    I became interested in day trading by accidentally making a day trade. I was sitting in front of my computer one day looking at Trovagene (TROV) stock on a Google stocks page. I had been on the page for a few minutes when suddenly the stock price shot up, and kept going up. I didn't know what was happening but I figured I should hop on, so I bought some shares and sold them a couple of hours later for a profit of $1,800. It was all luck- I happened to be in the right place at the right time. But it got me thinking that if I learned about day trading, I could make similar trades. There are a lot of day trading books out there and I considered many of them, but this book was the best by far, for the following reasons. Many of the day trading books out there make lofty and ridiculous promises about being able to be a profitable day trader after only a small amount of time and training. By contrast, Andrew's book is very honest. If you read his book, you will learn that day trading is hard work and success can only come from months of learning and paper trading in a simulator before you're ready to trade with real money. This kind of honesty made me decide to buy this book, over all the other ones. While this book is serious about teaching day trading, Andrew has a relaxed writing style that is informative but not complicated, with some humor thrown in there, so the book is very enjoyable to read. This book covers everything you'll need to know to start day trading, such as how to find the right stocks, risk management, how to read charts that indicate good trade set ups, the best strategies, and even helpful information on choosing a broker and trading platform. If you are thinking about starting a day trading career, this is the perfect book for you.

    A book to change your life?

    I've been interested in 'investing' in stocks for as long as I can remember - do some research, perform fundamental analysis with the aim to locate great businesses and buy and hold long term (Motley Fool 101). However, 'day-trading' of equities had never been on my radar until I had a recent life changing event and decided to read Andrew's book. Recently laid-off in the latest round of oil and gas related cost cutting due to the impact on demand as a result of COVID-19 and the low oil price. I decided what I might need is a change in direction - why not do something you are passionate about and interested in? After some research I came across Andrew's book with the catchy title 'How to day trade for a living'. I found the book very easy to read and understand whilst still presenting some unfamiliar jargon and trading techniques. Not since I had read 'Rich Dad Poor Dad' had a book resonated with me so much. I'm at the very beginning of a (hopefully) long relationship with day-trading. So will Andrew's book be the start of a life changing career for me or even just a bit of fun? That remains to be seen but it has ignited a drive and passion to learn more and see where it takes me! It won't take the place of my investing but I'm hoping it will compliment it. Highly recommended from a complete novices standpoint.

    Informative and Helpful

    This book really provided detailed information on what it takes to be an avid Day Trader. The author also explained the differences between a broker and the platforms, which I had no idea about. I really appreciate how sincere they are in helping you to understand how to read stocks. They provide their email address for you to send questions or comments, and the best part is that they actually reply back. They really take the headache out of the learning process. Awesome team, awesome book!

    Enjoyable reading

    Just finished the book and I have to say it was a very pleasant and enjoyable reading. I was hoping to find technical information and setups. I was looking forward to reach chapter 7 and read about Andrew's setups. But the information found in the book is much more than just technical. Andrew goes really deep in how is the life of a trader. I had no idea about how much commitment a trader must have in order to succeed and be profitable. Many myths are broken and if you got what it takes you sure can be a profitable trader. This book is so amazingly good that didn't even have to have setups nor technical info. The way Andrew describes his trading life is so exciting to read. I'm looking forward to read more books from him. Though this book is intended to be for begginers, I think even veterans traders can read it and make use of some of his words. Andrew, you're amazing! Kudos! Cheers from Brazil!

    I can't think of a better book to introduce someone to day trading

    I can't think of a better book to introduce someone to day trading. I was a complete beginner and knew zero about stocks and day trading. This book gives a very clear outline of the basics needed to begin the journey. One thing I really liked is that the author is not one of those "I made $5,000 in 20 seconds" people. His is a very practical approach that is designed to hopefully give you a greater number of profitable trades.

    Aziz’s book is like eating a twelve course meal of knowledge and wisdom ...

    Reading Dr. Aziz’s book is like eating a twelve course meal of knowledge and wisdom about stock trading, with all of the meat, potatoes, and side dishes. As you read this scholarly work, it takes you from the big picture, regarding trading styles in general, into the soldiering skills needed to fight the battle against the rapidly changing trends of the Bulls and Bears in day trading. The book drills down into the details about day trading, including the equipment necessary to trade, and the kinds of additional support needed to learn a complex new skill. Generally and specifically, the subject matter covers the tactics, techniques, and procedures inherent in trading. I read through the book several times, and with each read, another layer peeled off the onion that filled out the big picture of trading. From reading this book I learned that trading is a very consuming and complex undertaking, and I was put firmly on the road to what I need to know to trade effectively. This book is not a thick or wordy book, but rather understandable and very dense with guidance. You will go through the simple, and the complex in order to get back to the simple. The book is focused on the best buy and sell strategies for beginners and intermediate traders. Dr. Eric T. Smeltz, Clinical Psychologist, LTC, Ret. U.S. Army

    Great book that will tech you fundamentals

    Note to the reader - in this review I am not insisting that one must buy this book or must join specific trading community to become a successful trader and make big money. ______________________________________________________________________________________________________________ "How to Day Trade for a Living" by Dr. Aziz is good book because..... Day Trading patters are explained so well.... Joining trading community was a real changing thing in my day trading ca.... ---------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------- many more similar statements You have probably either read aforementioned lines in the previous reviews or at least have heard them from lots of stock trading youtubers out there. To be honest, this book is the great start for someone who never dealt with markets before and have a slight understanding about money movement and investing in general. You will learn who are buyers and sellers, why do they try to fight each other every day, under what common conditions buyers will start buying and sellers will start selling aggressively, when is it OK for you to keep your position and when it's better to get rid of it.....and so on. To be even more honest - reading the book and practicing its content chapter by chapter with the real-time market platform (google "stock trading platform real time data free" and you'll find some results), searching for book's strategies and implementing them yourself will definitely bring more benefits. To be absolutely honest, like you, the reader, either my brother or sister, I would like to state that joining trading community together with following book strategies and using fast execution trading platform (Dr. Aziz describes this topic thoroughly) for sure should place you in better situation in comparison when you just read and trade alone. Now, the main question remains open - are you ready for this (not easy) journey? Let me bring you some similarity to what you possibly face while learning stock trading: You're watching this great "make this meal yourself" YouTube video (with millions of views and comments where people would share how tasty it was at the end) on this super easy recipe of this super popular, world wide known meal. The presenter would show all the steps and you must exactly follow them, otherwise taste would differ. Now, first time you cook it, you end up with something horrible. Meal taste is not satisfying (too salty or sweet...whatever), plus you cut all your fingers with knife, and you burned your left cheek. Second time you decided to cook it, result repeats. You wonder - how? Why that cook presenter on the video does all gracefully, and I can't....Third time..fourth time...and so on - the results keeps repeating with little bit of improvement. ???? Get idea? Exactly, that youtuber cook can't control your cooking style, your emotions, your feelings, your finger movements, your today's mood. Same with trading - even though Dr. Aziz announces what he is planning to trade in the room, this won't make you a great trader in any way, and every finger cut with the knife would be similar to red (money wise negative) day in your trading career. Summation: buy the book even if you have no plans to become a trader, it will open your eyes on lots of interesting things. It is indeed a nice formatted, will all the relevant information regarding trading topic.

    Day trading is not for everyone, but this book sure is! It's an excellent primer for day trading and general stock market info.

    First off, day trading is not for everyone and this book is just a primer. It was enough though to open my eyes to a world of possibility that I didn't see before! I had so many misconceptions about day trading in the past that were cleared up in pretty short order. Andrew is a fantastic writer and was able to clearly and concisely lay out a broad overview of day trading, and although a fairly technical topic, it was a book that was hard to close! I spent many nights leaving the light on an extra 20 minutes. And then I read it again. I guess as a Dr. of Chemical Engineering he has a lot of experience writing papers on complex topics that could be understood by more than just another Ph.D. I had had an investment portfolio for a couple years by the time I finally crossed paths with "How to Day Trade for a Living" and while I thought I knew a thing or two, this is really stepping off a cliff. The world of day trading, swing trading, and long term investment trading are vastly different. There were times that I wouldn't look at my investment portfolio for weeks or at least several days; buy it and forget it for awhile. There are ups and downs, but you just kinda sit back and let it do its thing. Swing trading is holding for a a few days to a week because a company some announcement and you're expecting a several dollar change in price. With day trading, you may hold stock for less than a minute. It is intense and fast paced. Yes, you have the potential to make a pretty healthy income, but the money seems to disappear far faster and easier than it comes. As Andrew clearly states, if you are a gambler, risky and impulsive, and/or think this is a get rich quick scheme, you should stay away from day trading! It's all about carefully managing risk to reward, keeping losses low, and relying on indicators and price action instead of what you WANT the stock to do. A couple months after first reading this book, I decided I was going to give this thing a go. I joined the chat room run by Andrew and some excellent administrators and built myself a computer to practice with. You don't have to build a computer like I did, but I finally had a good excuse. If you've every been a little curious about day trading, I highly highly highly recommend buying it and giving it a read. If you decide it isn't for you, pass it along and you could change someone's life. This book is just a primer and there is a lot to learn once you understand the basics, it's highly improbably that you'll become a successful day trader in a week, so don't expect that. Before or after you buy the book, you can also check out Andrew's youtube channel for a little more of a taste of what occurs on a daily basis.

    Wonderful book for beginners!

    This was one of the best introduction-to-day-trading books I've read. As a former Series 7 stock broker, I rarely saw any day traders make a profit. Andrew lays these exact expectations out at the beginning of the book. He also touches on the fundamental job of all day traders--and, I would argue, all financial professionals--which is to manage risk, not to make money. I would recommend this book for anyone interested in starting a day trading career. Andrew clearly communicates the realities and fundamental principles of day trading, which is something that other day trading books often fail to do.

    You need this book in your collection.

    I bought the book and wow, am I happy that I did. This is the perfect place for beginners, like myself, to begin. It puts you in the right mindset and gives tips/tricks for success. I would highly recommend the book. You will forever refer back to it, in my opinion. I’m really happy with my purchase.

    Review from a New Trader

    Wow, I could have marked every page as shown in the photo above! This book was not only informative, but it keeps you turning each and every page. I am a new trader, and I cannot believe I had any money in the market before reading this book cover-to-cover. Andrew is able to take complex strategies and approaches to trading and simplify and convey the information in a way that still retains all the key points you need to know. He keeps the readers interest, provides ample examples, and give practical tips (e.g., from your diet and exercise to when to enter/exit a trade). He is not only vulnerable in sharing his experiences, but loves to teach and wants to help new traders such as myself. If anyone asks me about how to start trading, I am recommending this book 10 times out of 10. Thanks Andrew!

    Essential Reading for New Day Traders

    **This review encompasses both "How To Day Trade For A Living" and "Advanced Techniques In Day Trading," both by Andrew Aziz.** I joined a day trading educational community 9 months ago, without having any prior knowledge of the stock market. The education I have received from that community is valuable as a very basic foundation, but I needed more in-depth teaching. I have read both of Andrew's books mentioned above and they have helped me immensely. If I had it do do over again, I would not begin trading before reading and digesting both books. Andrew's thorough knowledge combined with his down-to-Earth communication make both of these books absolute must reads. The knowledge I have gained has helped me so much in my personal trading. I highly recommend these books!

    You don't need to trade alone.

    I am new to learning how to trade and I am very fortunate that the first book I read was Andrew's How to Day Trade for a Living. It's all true skill, which saved me a lot of time. The information in the book, how to use some hotkeys, what broker you should use, the basic strategies, and most importantly how to deal with your psychology also trading risk. Basically, after reading these, you can try it on board. But I recommend that newcomers like me use sim trade to train first and try some of the strategies in the book first. Although you can read and learn without a teacher, if you want to go one step further, I think you could try out Andrew's Chat Room, and you will get more detailed information when you join. This will save you more time. Nothing is more valuable than time. Every Pre-market Carlos and Norm will help us build some daily trading picks and do some fundamental analysis and technical advice. You can profit from it almost every time,If you have enough skills and good risk management. If you want to save some money just try the Andrew chat room trial plan. So to take this one step further this month, I joined Andrew's member project and found that I can learn more than I thought. It`s worth to spend money. The most important thing is that no matter what happens, the friends in the community can help solve it together. For example, I always doubt putting mine money into these offshore brokers and I m fear that I couldn`t get back my money. Andrew even personal helped me answer the questions about using those offshore brokers and give me some guidance. Other companions such as Aibel can almost immediately reply to me whenever I have a system problem. Imagine that the instructors in the book are living real people and can directly answer your personal question!! You don't need to trade alone.

    Pay $900 for a third party course to learn how to trade...

    This book was long and basically tells the reader that day trading is a career and you MUST take a course throughout the whole book. At the end or close to it, you are then told of a company to contact to pay $900 to learn how to daytrade - I'm assuming they are friends and share the wealth. It was my impression this individual is skilled enough to share his knowledge but it's questionable that so many are getting into day or swing trading, without these expensive courses. My review of the book.

    Contains overviews and general info only. Hard to read with a lot of typo and grammar errors.

    As the first book I've read on day trading, it provided a basic overview and general info. There is no technical content or training - not even basic chart reading. Lots of bad spelling, grammar/punctuation - I'm guessing that this book was never proofread before being published, and that English is not the author's first language. To give him credit, though, I'm sure his English is much much better than my ability to speak/read/write any other language. End of the day - I've read the whole book and have learned several things from it, given that I'm just getting started in Day Trading and have "everything" to learn at this point.

    Good Read to Set Expectations About and How to View Day Trading

    Book very well written and gave me an alternate way of thinking about my learning the skill of day trader. As a new trader with about 3 months of limited success in a simulator, I was looking to fill in some gaps in my development and looking to reinforce what I had already been learning. I found this read extremely powerful when paired with the Audible version as it kept me focused and engaged. I may check out their online community as a result of reading and studying this book. Thanks Andrew

    One of the best investments I’ve made in my trading education.

    This is by far the best book out there for anyone wanting to learn how to day trade. It’s an easy read with lots of helpful information to give you a basic understanding of how to get started. More importantly if you already have a simulator to train in this book will help you develop strategies that can aid in the development of a trading plan. Chapter 7 is my favorite chapter and I don’t think I would be as far along in my training if I hadn’t come this this chapter. Day trading is risky and the author calls that out throughout the book. If you are serious about day trading I strongly recommend this book. It isn’t a get rich quick book. It is strategies, rules, techniques and the honest truth about what it will take to become a successful day trader.

    The Author Teaches Day Trading and Shows you his trades everyday

    Excellent book for getting into day trading. This will give you some fundamentals and most importantly the right perspective you should be coming into day trading with. If you join the community (which I did) that the author Andrew Ariz is hosting you will get even more training through posted and live classes in the members area. What I liked about Andrew's book and his website is he practices what he teaches. You can watch his trades every morning and the trades of other members in the trade room. They keep it real. When they lose they will tell you and vice versa. The Stock Market is not a get rich deal. Tried it before by just learning some specific indicators. I got beat so bad I have been out of it for years but now am willing to try again at a much slower pace. Learning on a simulator account first (which Andrew stresses emphatically) for as many months as it takes. I would highly recommend the book and his website.

    GOLD STAR AWARD

    I am a single mother and have two (2) children at home with me now. I decided that I wanted to trade. Did not know what kind, just wanted to trade. I started looking into books to read and found this one. I am so lucky to have found this book. Once I started reading it I was amazed at how easily Mr. Aziz broke things down. He breaks it down and keeps it honest with you from the beginning. If you do not like to educate yourself, don't try trading. Mr. Aziz was so correct when he mentioned that you have to educate yourself. His book does just that. I was able to start reading the book and start taking notes right off the back. You do not have to have a Master's Degree to read this book, that how easily understandable it is. I also like the fact that he inputted his email address in the book to contact him and was available upon request. You do not find too many authors that like to communicate with the constituents. I look forward to completing this book and mastering the technique. I am dedicated to putting in the time and effort and look forward to completing the book. If I could, I would give this book 6 stars, but unfortunately Amazon doesn't offer the 6th star. Normally, I do not give positive reviews as I like to keep it honest with people, but this one gets the Gold Star. Don't waste your time, get the book now and start taking notes. It will pay off..

    Good for novices and those with experience.

    The book is very clearly written with good examples. Several different types of day trades are shown along with explanations of how to set levels, determine profit targets, and how to scale out of a position for profit. It also addresses risk management (a key component of success in trading), and explains when to accept losses, and how to minimize such losses which are inevitable in any kind of trading. Dr. Aziz puts his words to action as demonstrated in his youtube videos where he shows his daily trades with self assessment for all to learn in an honest and forthright manner. This book also discusses the psychology of trading which is also a huge part of trading. As he explains in his bio, Dr. Aziz turned to trading after losing his chemistry position during the 2008 crisis. He was able to figure out how to trade stocks successfully, a testament to his intelligence (and a great loss to the company that let him go-little did they know). I highly recommend this book for anyone interested in day trading. It has helped me immensely, and I still refer to it often.

    35 years - best book I ever read on day trading

    This book is so well written. Great for all levels. I read it on my Kindle and I took screen shots of some of the charts where he outlines his basic strategies with my phone to be able to pull them up at any time. My favorite of all day trading books. Explains exactly what he looks for and how he finds his target stocks. Simply the best if you are looking to day trade.

    Excelellent Book

    If you are thinking about becoming a full time day trader, this is the first book you need to read. This book will either serve as a confirmation that you have the tools it takes to day trade, or after reading it you will realize that day trading may not be for you. In the latter case, this book will save you A LOT of money. Every aspect of day trading, and all that goes with it is covered in this book. Other reviews, and the author himself, say that this book briefly covers the aspects of day trading. I beg to differ. I think for the novice trader this book is thorough enough to give you the answer to the most important question we have: Is this a career I can be successful in? I look forward to reading the advanced book and joining the BBT community!

    Andrew is a good teacher.

    His approach to this book is inspiring. I am a beginner trader that took my retirement fund, that was small (4k) and have been investing it in stocks. I have had the feeling that I would like to day trade. After reading How to Day Trade for a Living, Andrew has, in a kind way, let me know it's not what I am really doing. I find day trading still something that I would love to do. But I would want to do it right. I also, through this book, found that the trader I really am becoming is a Swing Trader. I found that through this book Andrew repeats himself several times in several chapters. I kept thinking, did I accidentally turn to an earlier chapter then where I left off last. By the end of the book I felt I learned is teaching style and as he states in the book, he has a strong desire to teach others what he knows. This book can be a great read, no matter what type of trader you are. I feel like his discipline and daily routine described can be applied to any style of trader. It was an enjoyable and educational journey reading this book.

    NOT FOR BEGINNING BEGINNERS !!

    This is a tool to use if you are already very familiar with stocks, commodities, bonds, graphs, trading variances, etc. I would not recommend it for a beginner!

    This Book Is Full of Knowledge and Inspiration on Day Trading, a must read for beginners.

    I’m a total novice at Day Trading, I’ve never traded before but I’m very interested in making it my career. Andrew Aziz’s book has been a great help as my introduction into the subject. His breakdown of Day Trading is very comprehensive considering I had no prior knowledge of the subject, I actually went to his YouTube page and watched him Day Trade and I could actually understand the terms and Trader jargon that he was using. Before reading this book I would look at Day Trading videos and be somewhat lost as to what was actually going on. Now thanks to Aziz’s book I understand Patterns, diffent Trading Strategies like ABCD, Opening Range Breakout and Red to Green Trading. I can now look at a chart and identify what’s a Candlestick, an EMA Resistance Line, The VWAP and The Volume of the stock being traded. Along with learning the technical terms Aziz has also given me an insight into what kind of mentality I should have as a Day Trader, reiterating points like patience and discipline to being keys to success, also getting a proper education on the subject and lots of practice via a simulator before actually Trading live. I understand how disciplined and serious about Trading properly I have to be and that it’s all about proper execution of strategies and learning from your mistakes that will make you successful at Day Trading. I highly recommend this book it’s been a great eye opener into my future career. I’d like to thank Mr Aziz for the knowledge and inspiration to embark on Day Trading as a career, as you’ve advised I’ll take all the steps necessary to succeed and not try to skip steps and jump in recklessly.

    Great Book for Those wanting a New Career

    I’ve been contemplating a career in trading for a while now but I was not interested in getting a license, degree, and working for a firm. I saw this book on Amazon and the title spoke to me. I’ve read the book and the author Andrew Aziz breaks down the fundamentals of day trading in clear and concise terms. It’s all in this book. I’ve found his YouTube channel helpful with concepts and strategies that were confusing at first. I’m strongly considering joining the BBT community of traders since the education and discounts they’re offering is at a great price point. I’ve started reading the sequel to this book Advanced Techniques in Day Trading in order to get familiar with more advanced methods in day trading. I’ll be signing up for the DAS simulator soon and start practicing the strategies I’ve learned in this book and apply psychological approaches to trading. The best lesson you’ll get from this book is learning to minimize risk and maximize you reward when trading. Thanks Andrew for such a great book and the possibility of having a promising career in trading.

    Soaked it up!

    I consider myself to be a new trader...have been continually educating myself for about 7 months now and trading live for a couple of months. I'm not a complete newbe and I follow along well, the principles and strategies contained in this book. It served as some 'fill in the gaps' that I had been missing from my education, as well as provided some needed 'how to,' given the strategies that I can implement right away....in fact, I have started to do that. After reading this book, I think that beginners will come away knowing one way or another if they would like to really commit to learning to day trade and what it takes to do so. Intermediate traders will gain additional training, trading strategies that they might not have heard of, as well as possible lifestyle refinements that may be needed in order to be successful. Advanced traders will get to see how a really good teacher, educates. This book has something for all traders. This is a manual that I will refer to often as a reminder of what it means to do the psychology and lifestyle of trading, well. It abounds with a ton of useful trading criteria that I can use on a daily basis in my own trading. It's a gem. I had to give it 5 stars.

    Very informative and detailed.

    Put simply, this book helps you understand what a trade is and what is going on behind the scenes. The author does not try to push this and that on you, but instead lays out some key and popular strategies for the reader to decide how/when to apply. He tells you which strategies he enjoys the most, as well as the most logical times to use each one. Most of the early to mid chapters are used as a build up to the strategies which I appreciated, as those early chapters were a plethora of information and made the strategies much easier to understand. The author does make it clear that the ideas and strategies he lays out in his book are meant for day trading. He cautions attempting to use them in long and swing trades. For a shorter book, it is a great help that I highly recommend to anyone looking to better their trading knowledge performance.

    Title says it all”How to Day Trade for a Living”

    Loved this book! Gave me hope after trying a couple of chat rooms and failing miserably trying to trade without a basic understanding of how the market works. Best day trading resource out there on realistic expectations for a beginner trader. Andrew does a great job of explaining patterns, time of day to trade them, use of scanners, computer setups and basic knowledge of the market and how it works. He also includes simple images of patterns that are very helpful in finding setups. Shortly after reading his book I joined his community BearBull Traders. It’s the best decision that I have made! Great community of traders as well as moderators that are capable and very willing to help you on your trading journey. It is hands down the best resource out there!

    Day TrX

    Finally, simplified day trading! I tell my children if you don't understand a subject, look for a great teacher who loves it and can make it seem simple and interesting. This teacher and professional trader did just that. I may actually consider day trading, if not' it is because I clearly get it's not for me right now. It's not gambling but a profession and a business that require skill and discipline and education like any other high paying career. It is a business easier to get in a d out of than most. It requires a business plan,fooled than and capital but lower amounts than most businesses. It is not a hobby or a get rich scheme. What makes it so risky is the undisciplined and uneducated trader whose only goal is to get rich fast. He has no patience to make it through enough practice to make it through the learning curve. Only 16 percent make it in that field. Day traders are not investors. That surprised me. Needing to be educated to make $500+ a day before jumping in and practice is not surprising. I see it as a real possibility now. I don't think I would even consider it if I hadn't read this book. Andrew is a great teacher!

    Day Trading Bible

    Day trading is one of the most challenging pursuits anyone can attempt. No fewer than 90% of those who try it will fail. Education is the key to success. If you are new to day trading and want to get the kind of education you need to succeed, you need to read this book. Andrew explains everything you need to know to get off to a great start. He emphasizes the concepts of discipline, daily process, loss mitigation, how to win and how to lose, trader psychology and much much more. Based on my experience with day trading (both good and bad) over the last year everything in this book is a realistic portrayal of the ins and outs of the skill. This book has taught me more in one week read of careful reading than months of watching the hyped up day training junk available out there on you-tube. If you're thinking of day trading, new to day trading, or struggling to achieve a consistent earning stream, this book will improve your odds of success.

    Solid intro to day trading

    Great introduction to day trading (intraday momentum strategies) that includes all the essentials from trading software, brokers and scanners to get started. Keep in mind reading this book won't automatically make you a profitable trader. For that you need to educate and practice trading over at least 1-5 years and find a system that works for you. Without a support network you won't become a profitable trader either. So like other authors of day trading books the author also has a chat room service he provides which the book will help introduce you to his style of trading there. The second book overlaps a bit with the content of the first but expands and goes into more detail. The author has managed to compress the essentials of launching a trading business into a concise and easily readable short manual. It's not five star because the title over hypes what the average novice can expect to achieve. You will need to read more books and study hard.

    This book saved me a lot of money

    I was all fired up and ready to start my new career of day trading....and then I read this book. And Thank God that I did because it was made abundantly clear to me that I am not in a position right now to day trade. I haven't put in nearly enough work or treated it as a serious business. I got lucky on a few trades and made a decent amount of cash but that's all it was --- luck. If I keep playing around with it, I will ultimately get burned because I really have no idea what I am doing. If one day I have the time to put in the suggested amount of training and education as the author states in his book then maybe I'll give it a go. Until then, I'll continue to invest in the stock market, which is completely different than day trading. I can comfortably say spending $15 on this book saved me thousands.

    Amazing Book!!!

    I have worked as a software developer for a company that sells a trading platform for 14+ years. My area of expertise is the charting package. I have written code for Fibonacci tools, Pitch Fork and a host of technical indicators. In all the years of my career I have never understood these indicators and how to trade as well as I do now after reading this book. This book has a very simple and powerful message that enables you see the world of day trading with utmost clarity and understanding. It is THE best starting point for a novice. Thank you Andrew!

    Waste of money

    Don't waste your money. Loads of books that can teach the art of trading that actually will tell you something. Try, Trading for a Living by Alexander Elder or Technical Analysis by Pring.

    Excellent Information

    I have been intrigued by the idea of day trading for years - but it seemed impossible to obtain basic, useful knowledge in order to consider actually doing it. Everything I looked in to seemed that everyone was using the "lingo" that I didn't understand with concepts over my head. When I read Andrew's book, this all changed immediately; he takes you from "A to Z" in all aspects of trading; the basic concepts, the tools, risk management, psychology, etc. I immediately bought his 2nd book (Advanced Strategies) and I've been hooked ever since. I have been diligently working on this for over two months and am starting to make some huge strides in my understanding and ability to trade (currently, in simulation still.) There is a steep learning curve and it takes a lot of work and dedication - but Andrew provides an excellent, understandable pathway to get started. I am learning that there have been lots of people who have traded in the past and made many mistakes, and lost significant money, until they read Andrew's book and started to put together new understanding of day trading. There is no way that I would ever have figured out how to do this without Andrew's books. I sent him an email, just yesterday, to tell him so. I'm one happy customer !! I am realizing that I am going to be able to be a successful day trader, thanks to Andrew Aziz !

    Day Trading explained....

    The content is wonderfully presented and organized for anyone who would like to learn where to start pursuing day trading for profit. The take away for most readers will be that although you can make money day trading, it's a real job where you are risking real money. The lesson reiterates the fact that if you haven't studied the content, practiced with a simulator, upgraded your trading platform to a real time trading option and think day trading is easy, you shouldn't expect to consistently make money day trading. The book presents the tools necessary to learn how to day trade, how to prepare each day, charting explained and what stocks constitute good day trading candidates. A good primer for both novice and experienced day traders that everyone will enjoy. Worth the money.

    You need this book!

    Excellent book! I am new to trading stocks and after 1 loss of 12% of my account I decided I needed to learn. I am half way through this book and already learned more than I could have in years of trying. I have made quite a few profits and minimized all my losses to 1% or less of my account using tips I read in this book. Although I have also learned day trading is not for me, I am excited to keep reading and keep learning. I emailed the author for a recommendation for a swing trading book. He responded before I woke up the next day and I am just as excited to read “How to Swing Trade”. So much information in this book, it would be a mistake to start day trading without this book in your hands.

    This book gave me a comprehensive overview/summary of getting started in day trading

    I enjoyed the graphical depictions that made this interactive while reading, the use of the rules of trading kept the book concise. I admired the consistent reminder from the author of the true reality of trading. I would recommend this as an excellent read for beginners who are looking to get a genuine overview of day trading and what to expect. This book is attractively priced and worth the short time to read it through. I have applied some of the strategies to my demo account and identified some of the patterns mentioned in live daily data and it’s applicable. Overall good detailed overview of what to expect in the early stage of day trading and a general idea of how to manage those expectations.

    very discouraging.. you need a PhD to succeed

    very discouraging book... you’re going to need a PhD to be successful and even then, only if you’re lucky according to this author.. it’s also like an infomercial to buy time in his chat room otherwise you won’t make it... some of the information is good if you can get past the point that almost everybody fails.... i’ve traded on and off fairly successfully for a few years without knowing all this information

    Couldn't Put The Book Down

    A truly well thought out introduction to the day trading world. The book covers aspects such as self discipline, trade and money management, risk management, strategies, platforms, daily plans to be successful etc. Andrew writes in a style which makes understanding new topics to novices very easy. Candlesticks, Level 2, and some of the more technical items weren't that difficult to grasp. The glossary in the back is a handy tool as you read this book and also for future reference as well. Both his trading community and 2nd book are mentioned periodically throughout the book. So is the importance of continued education and how crucial being part of a trading community actual is in order for success. I had a question and even emailed him. I received a response in a very short amount of time. His genuine desire to help others is evident and also reassuring as the reader.

    Start here...I highly recommend this read

    I am new to day trading, but I am extremely thankful for Andrew's perspective. If you're new to trading, start with Andrew's take on it. He seems to have the most realistic viewpoint on the subject (hardwork and discipline is required over a single strategy), and teaches the subject in a way that is extremely easy to understand. From what little I have gathered over the last month on the subject I still know that day trading is not easy, and "How To Day Trade For A Living" does an amazing job breaking down the complexities and will get you going in the right direction. That is a rare thing in this pursuit. Thank you Andrew, you're a great teacher! I highly recommend this read!!

    An absolute must read for day trading

    This book contains a wealth of information presented in a really practical, organized, and easy-to-understand way. It covers everything from trading fundamentals and getting set up, to strategies with examples, screenshots, and explanations/commentary, to a step-by-step look at how to successfully trade, to even next steps once you've finished reading it. To me, it felt like it was written by someone who has a real passion for trading, has found success in doing it, and wants to share all of their experience and expertise so that others can find success as well—no fluff or hype. It was everything I was looking for and then some. If you're looking for a really strong trading foundation from which you can continue to build upon, this is it.

    Trading explained simple.

    This book his is very easy to understand. I purchased it because I always find myself looking at stocks and figured id try and get more of an understand what a traders career/ day is like. I also bought the swing trading book to read next. Andrew was very descriptive and informative but did it in a way it doesn’t overwhelm you or make you lose track of whats going on. Im hoping this will be a start of my trading career. If you’re a beginner or interested in trading i think this book is well worth the read!

    Great book for noobies

    Great read if you're thinking about starting a new career in day trading stock, tons of valuable information without all the fluff. I also really appreciate the honesty of the author, he in no way tries to coax you into a false mindset of getting rich quick, he makes it clear that day trading is hard and should be treated as a business. If you're a beginner and don't know where to start, pick this book up, and for the price you can't go wrong.

    A good read & a good 1st step

    I'm in a business that makes good money, but I don't want to do this "till I'm stiff", & had a friend who is a day trader, who's done well by trial & error. Dr. Aziz takes; what was & to a degree, still is; an overwhelming topic (that NEEDS to be understood) & keeps it as simple as can be put, I believe. During my initial reading of this book, I began seeing & feeling that I can be successful if I submit my ego & learn, & this book creates a stirring in me to learn & do great things with this field of study, thereby making for a much "rosier" retirement situation for me. Objectively- I like how he continually, throughout the book, reminds people that this is NOT "get rich quick" or a "short cut" or "gambling"- it takes WORK & discipline & study.... y'know, the same elements ANYone uses in ANY successful endeavor. (That should "thin the herd" somewhat). I'll read this book again many times, & have begun reading his 2nd book "Advanced Techniques in Day Trading". I will tell you that another of the things that impressed me about Dr. Aziz, was that he replied to an email I sent him within a day- that's cool.

    Best book so far

    For everybody that want to know more about this field and for all that want to start the path of daily trader this book is so far the best in the market, you can feel the passion of the Author and with simple explanation he can make you understand this “complicate” world of trading, I read the whole first book and I’m finishing his second “Advance technique in day trading”. To Begin a new life you have to start with the right guide, and this is exactly what you need.

    Excellent book

    This book helped pull together all the steps of starting day trading. It’s easy to read but full of valuable strategies with labeled charts explaining further what and why stocks were bought or sold at given points. Important points are repeated so that they aren’t lost. He discusses different styles of trading as well as traders. Really glad I read this book at the start of my journey!

    Great for beginners to the stock market, even if you don’t plan on day trading.

    Amazing tips/info for any aspiring trader or investor. Even if you aren’t trying to day trade or don’t really know much about the market in general, this book gives very easy to understand tips and tricks to help you along the way. Very useful knowledge on charting and technical analysis to make sure you’re buying/selling at the right moments.

    An honest genuine beginner's guide to day trading

    Andrew is a master at relaying concepts you need to understand to begin the process of becoming a day trader. He isn't trying to sell you a system or a subscription, rather he is taking you on a journey to begin your first steps as a real day trader. One thing I liked about his style was his ability to cut away the fat and give you the core of what you need to understand to become a day trader. Thank you Andrew.

    You will learn exactly what you need to day trade for a living

    No gimmicks or outrageous promises here in this book. It's a very straightforward book and you'll learn exactly how to day trade. He provides information on which brokerage to use, software needed and strategies you can use to actually separate from would be traders to someone who knows how to succeed at this. Mr. Aziz will explain day trading is not easy and involves you doing your homework and keep your emotions in check. He also provides great support and actually responds to your emails! I think you'll get all you need in this book, it's way better than anything else I've read on day trading.

    Almost unreadable

    Book is great but book has at least 30-40 pages where the pages are almost unreadable. The text is all messed up like it was taken off the printer too early.

    Day trading should be treated as a business, not gambling.

    Dear Andrew, I appreciate your efforts in spreading valued knowledge of day trading. I have found your book to be very enlightening. I feel confident that thru discipline and focusing on the process of day trading, not the profits that I too can be successful. Thank you very much for humbling yourself and continuing to pass the torch. Stephen Johnson, BAS sdewayne0801@gmail.com

    Just buy it, you will be glad you did.

    This is an amazing and clear book on the basics of how to day trade for a living. It would be cool to have Andrew go into more detail when he states that he will not for brevity sake, but I am the type of person that likes all the information in one place. If it is important to mention it should be important to discuss to understanding (perhaps in an appendix?). That having been said, I understand his point and it allowed for a fast read. Now I will study the information more carefully, over and over. This is a book to be read and re-read. So if you are asking yourself if you should purchase the book, well the answer is absolutely.

    Investing 101. A classroom education

    Andrew did an amazing job teaching how to be a better trader. While he focused on day trading, I found quite a few lessons I can use as a trader in general. There were actionable suggestions all throughout the book. For that I am thankful... I was sceptical after reading some negative reviews, but for the price it was well worth finding out myself. Knowing what I know now, I would've paid more for the book.

    One of the better trading books out there

    This book was very helpful to me in learning to trade. It is written very clearly with plenty of examples. Andrew's online trading community is also very helpful and responsive. There's alot of folks out there teaching to day trade but I find that Andrew is one of the better ones. He takes you from the basics all the way up. I've seen him trade online live using the same techniques in his book so I can definitely say that what is in his book works.

    Truly a great starting point to the world of Day Trading

    This is an incredible starting point. The book is written in very easy-to-grasp prose and with a personable matter-of-fact tone. Andrew breaks down working the classic strategies, psychology, money management, and discipline into a wonderfully concise attention grabbing read. Really the only thing I would change would change about the book would be colored diagrams (with a few more annotations) and not using the phrase "as you can see"... There were times I would say to myself, "No Andrew... I don't see, well, not yet", and then laugh to myself and read that part of the chapter again. Overall Andrew does a great job of laying out strict guidelines to follow, and really nails home the difference between trading and gambling. The book's explicit emphasis on day trading is hard work and is far from a get-rich-quick scheme; brings me great confidence in his methodology. I look forward to continuing a path with connecting with his blog, chat room, and continuing my education building the skills, tools, and attitude to a consistently profitable day-trader.

    Easy, simple to read

    Easy, simple to read, no beating around the bush, no BS, no nonsensical anecdotes just to fill up the pages to make a book look fat. TRUE VALUE FOR MONEY. If you like books filled with easy to follow instructions and steps on trading -- buy this. You'll walk away learning a lot more for what you paid for. Andrew painstakingly explains his strategies and leaves no stone unturned. You can sense that he put a lot of time and effort to write it. This is not one of those books where you'll say at some point -- I think I've been taken for a ride (I say this from experience as the recent trading books I bought made me say this). He obviously did not write the book to profit from it, BUT ONLY TO HELP other people learn how to day trade. Because if he did, he'd be selling this for a good 25-35 dollars -- at the very least. Excellent writing style, not boring though it's filled with technical stuff. One of the hallmarks of full comprehension and mastery is simplicity in explaining. With that said and reading the book, I can say that Andrew has a full grasp of his trade.

    Best Day Trading Book You Can Read When Starting Your Trading Journey

    I have read few day trading book, and this one is hands-down the best. Day trading is not about buying low and selling high, it's a process. A process in which you have to learn about your self before you learn about the markets. A process to identify the right setups, to deal with winning and losing, and which tools to use to help you in your quest. You will learn all of that from this book. If you are a methodical thinker and want to try day trading read this book, then spend -many- hours watching Andrew's daily recaps on YouTube to see how he applies his teachings day in and day out. I read many other related books, and to say the least, have found them very confusing and without a clear direction on how to approach day trading. This book doesn't make assumptions about what you already know, or your past experiences in day trading, it rather takes you step-by-step and teaches you the process of day trading. The book repeatedly tells you that this is not a recipe to get rich fast. You shouldn't take that false promise from anyone. But you will most certainly learn the "process" to becoming a "consistently" profitable trader. Each of us is unique, day trading is as much about oneself as it is about the techniques. The book teaches you that, and the rest is on you. The author of this book -Andrew- is a world-class trader. What fascinated me about him is that he fits day trading in his lifestyle, not the other way around. He could very easily work for one of the big trading firms and make tons of money, but the things he values in life are more important to him. I relate to that. Read the book, watch his daily recaps. I can assure you that many day traders wished they had access to such a wealth of knowledge at their disposal when they started their careers. After reading this book, I decided to join his community, and that was the best decision I took. Everyone in that community is very humble and helpful. I learned a ton just from interacting with them and understanding their thinking process. I am not trying to convince anyone to join the community, as a matter of fact, if you watch Andrew's daily recaps you will see with your own eyes that he makes his money from the market. I am not affiliated with the community, I won't make a cent by writing this. It's just a personal advice. Good luck to all of you! May the trend be with you :)

    Complete Novice

    I am a complete novice and now feel that I have the basic education to further my training. Joining a chatroom, trading with other traders, and using the DAS simulator have also been invaluable. The learning curve is brutal, but after the first few weeks, I’m trading profitably about half the time. And the times I”m loosing, my losses are small in comparison to my wins. Considering it’s like having a gun fight with your hair on fire while traveling 200 miles per hour down a mountain pass, I think those are pretty fantastic results. Without Andrew’s book, the chat room, and DAS simulator, I don’t know that this would have been possible. 10/10

    Great Resource

    Of the countless videos I've watched on YouTube and tried following along with other so-called trading mentors, I learned more from Andrew's book than any other informational resources I had ever sought on the subject. This book kept it very straight forward and easy to digest making learning so much easier! I love how much it touches on the points of keeping your mind and body healthy, keeping a daily regimen, and that it isn't just about making money. If you treat it like gambling, you'll lose. Because of his hammering home so much about how seriously every new trader should take this profession, I've slowed down my eagerness to make money, and have gained patience in the learning process. The book gives you the basics of what percentage of your money you should be trading with, how to stay cautious with your money, that everyone will lose here or there, but it's how you handle your losses and how you will eventually win more than you lose over time. It also covers the basics of chart pattern recognition. I loved this book and it was a good start to my soon-to-be new career. I just purchased Andrew's second book, so I look forward to reading that as well.

    Great Foundational Work and Must Have for any Serious Trader

    Aziz breaks down the nuts and bolts of trading without making things too complicated, especially for beginners. He explains what it means to be a day trader and gives an overview of the investment/trading landscape from a macro perspective. He gives an overview of risk management and trading psychology with tangible strategies that traders can implement. Essentially he gives you the basics of everything you need to trade from when you wake up in the morning and perform scans to go throughout your day. His advice is practical. I found the scaling in and out of positions very helpful. I now add into my winners and hold some shares, like a quarter, until break even, in case of a further move in your favor. The best part- how he breaks down strategies form ABCD/Bull/Bear Flags, to reversals, and Red to Green (or G to R) moves with clear stops and profit targets as well as the reason for entries/exits. He demonstrates his edge on the trades with illustrated charts. After trading for almost a year now, I have seen some serious, and I mean serious ups and downs, and I continue to use this book as a reference guide. Thank you Aziz, for taking the time to explain things so thoroughly and really put your heart into this work. Trading is the hardest thing I have ever done and also the most rewarding and something I will continue to do for the rest of my life and this book is a major contributor to my resolve. Good luck all, and happy trading!!

    This Book Changed My Mind Set

    I was very excited to find this book, the only one that stood out from the overcrowded financial and self-improvement section. The book was quick to read with straight-shooter explanations of trades and risk involved. Strategies explained were backed up by the real-life trades taken by Andrew shown on the charts with a detailed explanation of execution. That said this book is just a first, but very important step in anyone's journey to become a trader. The strategies are brought to life and continued on Andrew's website: bearbulltraders.com where you could watch community of traders executing successful trades day after day. This sense of help built by the community was the most important step I embraced after reading the book. I was full doubts and anxieties and BBT helped me and made me believe in myself and guided me to the right path for success. And for that I will be always grateful.

    Good enough for a total beginner

    It's good enough, but some parts probably should be taken with a pinch of salt in the modern trading world owned by the algorithms. Even the best books about trading (other than purely scientific) always have an element of "this is my personal magic that seems to work for me, and hence I promote it to you", and this book is no exception - but just a bit, so still worth the money, more or less.

    Straight forward

    I have spent the last few years researching wealth building. Trading has become a subject that has stood out to me, I really enjoy learning about it and love the challenge of trading. I have read several books now on the subject matter and genuinely feel that Andrew's presentation of information is incredibly straight forward, concise, realistic and easy to understand. Knowing what I know now I would highly recommend this book as the first book that someone should read on this subject.

    Inspiring Stock Trading Book!

    This is a phenomenal book for stock trading beginners and seasoned veterans! Volume Weighted Average Price, Stop Loss, Price Action Consolidation... all foreign but new terms for me to learn and master from this book. I highly recommend you purchase How To Day For A Living at your earliest convenience. You’ll enjoy every word of it. It’s not too long and it’s straight to the point. This is a MUST read!

    Great

    A little shorter than I would have liked on the technical side of things, but it's a great read. Really good information on the mindset and discipline you need to day trade. It's a good book to test yourself with and see if you really want to start trading. I wish he talked more in depth about some technical analysis and market mechanics, but maybe this book is more oriented to total beginners. Either way, very educational read. Take notes as you go!

    Learn How To Structure Your Day

    This is a great book for the new day trader. Strategies, technical analysis, and instructions organized in a very accessible and consumable format. I particularly liked the details around how to organize your day. Unlike a regular job, traders have great flexibility in how they structure their days. I'm always curious to learn how successful traders structure their time.

    Practical Guide to Day Trading

    Trading is a difficult process. Day trading is much more complicated than being a long-term investor who buys and hold. The author breaks down the psychology, pre-trade tactics, in-trade strategies, and post-trade evaluations that will lead to becoming a successful day trader. Trading In The Zone by Mark Douglas is more philosophical about the psychology of a trader. This book nails down specific strategies to deal with both making money and losing money, which is inevitable. A recommended read for sure.

    Get this book

    Great book. It is a short no nonsense and no fluff book. His ORB, resistance/support and VWAP trading tips has really turned my day trading around in my simulations. I highly recommend this book if youre looking for information and direction on how to day trade, non-conventional ways to day trade, technical analysis for day trading and day trading psychology. I still have much more learning to do in my journey but im happy I picked up this quick read full of valuable information.

    The Absolute BEST Place for Beginner Traders to Start

    My trading journey has been a long one, filled with endless hours of studying, researching terms and topics on Investopedia, Google searching for day trading tips, watching tons of "trading gurus" on YouTube, downloading every Ebook you can imagine, etc, you-get-the-point. And one day while watching one of those YouTube videos, I scrolled down in the comments section and saw where someone had mentioned Andrew Aziz and Bear Bull Traders. It was like finding a diamond in the middle of the desert. Not only did I find that Andrew Aziz and the rest of the "Bear Bull" community were genuine and authentic, but I also learned that Andrew Aziz was one of the most consistent traders I had ever stumbled upon...PLUS he had an actual Ph. D. and had apparently written a book that many people were raving over. Now, I haven't bought too many books in the past decade...certainly none from Amazon...and I've never even written an honest review here on Amazon...but after going through Andrew's book "How To Day Trade for a Living", I knew it would be a disservice to him not to give my "honest" opinion. Yes, I had already been trading for a while...so there was a lot of information contained in the book that I already knew. But I noticed how well he taught even the very basics of trading...and also noted how easy it would be for a beginner to pick up and understand. He even has a complete list of trading terms/definitions in the back of his book. He breaks everything down from the "bid" to the "ask", basic order types, candlestick charts and patterns, broker platforms, fees and commission structures, the pattern day trading rule and more. What I personally enjoyed was hearing his personal testimony of how he became a much better trader. I also highly value the transparency and attention to the kind of discipline and hard work really needed to be able to successfully navigate the markets. He talks about trader psychology and the importance of keeping your emotions in check. And then he provides detailed information concerning all of his personal trading strategies. This book truly has truly helped me as a trader...so much to the point that I have now purchased his other book "Advanced Techniques in Day Trading" and will be digging into that immediately. A very big THANK YOU to Andrew Aziz (I might even be joining your Bear Bull trading community soon!).

    Very Good Introduction To Trading

    This book is not designed to be a comprehensive study into the science of daytrading. Rather, it provides the interested student with the essential fundamentals. Each chapter is pretty short. A few of the chapters I had to go back and read a second time. You want to read chapter 7 at least three times. Very good book. Very well written.

    Great book to start your education

    I bought this book because I’ve been wanting to get into investing, swing trading,or day trading etc. I’m an electrician by trade and to be honest I knew nothing about the stock market before reading this book but after reading this book I now know more then I could ever imagine knowing from one book and I find it to be a great way to start my education about learning how to day trade. Even though the author may never see this I would like to say thank you for your encouraging words and for you being honest about how day trading really is.

    A MUST READ!

    Leisure reading is something I enjoy, but I don’t tend to learn much from a book or an online course. I am certainly an auditory learner. However, Andrew changed that for me. He had me hooked from page one. He simplifies the basic concepts so well and in such an engaging way that you’re done reading the book before you know it, and you’ll have a thorough understanding of what day trading is and what your next steps should be. I love his honesty and passion for this profession. I am exited to say I will be joining Bear Bull Traders in the near future. If you’re looking to get involved in day trading, then this book is absolutely for you! I can assure you it’ll be your best purchase in 2021.

    Necessary, if considering serious day trading

    To begin with, I have no conflict of interest or stake in writing this review. I usually do not provide reviews, regardless of product quality or my satisfaction. However, this is an exceptional book. I am in the process of deciding to trade at a more serious level. Anyone considering day trading or trading seriously should read this book. Provided is a rich overview of day trading with an emphasis on the personal traits and development necessary to learn to trade with success. Dr. Aziz provides detailed explanations of the financial, technological, and psychological requirements to begin in this career. He does not portray his approach as superior or optimal. Rather, he offers a description of what one must consider to develop their own successful approach to day trading. Also offered are descriptions and explanations of strategies he uses, that have been successful in his career. Though not lacking applicability for trading effectively, these strategies are not portrayed as the right way to make money day trading. The described strategies are utilized as a means of conveying a process for how to learn to be a successful day trader. Overall, this book sets the direction and provides a solid framework to build upon.

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