How to start Day Trading A Funded Account ?
By Michael Katz
Introduction
Welcome to the captivating world of stock trading, where every decision carries the potential for both growth and excitement.
As a seasoned trader with years of experience navigating the market, I’ve learned that successful trading goes beyond mere numbers – it’s about mastering the art of strategy and mindset. In this ebook, I’ll be your guide, offering practical advice and heartfelt encouragement to help you navigate the twists and turns of the market.
Whether you’re a curious beginner or a seasoned investor, let’s embark on this journey together. Where every trade is a chance to learn and every challenge a chance to grow.
Welcome to the adventure of trading stocks—the ultimate path to financial empowerment awaits!
Chapters
Introduction
The world of financial trading is full of misconceptions, uninformed opinions, stereotypes and urban myths. Hollywood movies, news outlets and even politicians have all done their part to distort the general public’s idea of what trading is and what traders really do.
Stock Picking
Deciding what stock to trade on a particular day is among the most important things for a trader. For any beginner, it’s therefore among the most important things to learn.
Strategies
Now that we have seen what day trading really is, who the market players are and the importance of choosing the right stock, let’s take a look at some of the most popular techniques and strategies that traders adopt.
Risk management
The most important thing to know for a trader is how to manage risk.
Anyone who is serious about starting off a trading career needs to make this his or her priority, for traders all around the world rise and fall for it and by it.
Practice makes better
During my many years of experience, I’ve noticed the existence of a common denominator among the very best traders. I’m serious, it seems to me that virtually every successful trader, every man and every woman that has made a ton of money and a name for themselves in the “Trading Universe” has this particular character trait.
Day trader routine
Mistakes happen in day trading and they happen for different reasons One of these reasons is the constant bombardment of information. It distracts us, makes us lose focus or panic and too often makes us doubt ourselves and our trading decisions.
Let’s draw some conclusions
The learning and improvement process that they have to go through. All the practice trades taken on a demo account, the emotional rollercoaster, the nights spent in front of a screen, instead of being on crazy nights out.
