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Branden Lee - Day Trading Options: This Book Includes- Day Trading Strategies, Options Trading: Strategy Guide For Beginners, Trading Options: Advanced Trading Strategies and Techniques

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Day Trading Options
This Book Includes- Day Trading Strategies, Options Trading: Strategy Guide For Beginners, Trading Options: Advanced Trading Strategies and Techniques
Branden Lee
Contents
Day Trading Strategies
A Guide to Day Trading Strategies, Risk Management, and Trader Psychology

Copyright 2017 by Lee Digital Ltd Liability Company All rights reserved.


The following eBook is reproduced below with the goal of providing information that is as accurate and reliable as possible. Regardless, purchasing this eBook can be seen as consent to the fact that both the publisher and the author of this book are in no way experts on the topics discussed within and that any recommendations or suggestions that are made herein are for entertainment purposes only. Professionals should be consulted as needed prior to undertaking any of the action endorsed herein.


This declaration is deemed fair and valid by both the American Bar Association and the Committee of Publishers Association and is legally binding throughout the United States.


Furthermore, the transmission, duplication or reproduction of any of the following work including specific information will be considered an illegal act irrespective of if it is done electronically or in print. This extends to creating a secondary or tertiary copy of the work or a recorded copy and is only allowed with express written consent from the Publisher. All additional rights reserved.


The information in the following pages is broadly considered to be a truthful and accurate account of facts and as such any inattention, use or misuse of the information in question by the reader will render any resulting actions solely under their purview. There are no scenarios in which the publisher or the original author of this work can be in any fashion deemed liable for any hardship or damages that may befall them after undertaking information described herein.


Additionally, the information in the following pages is intended only for informational purposes and should thus be thought of as universal. As befitting its nature, it is presented without assurance regarding its prolonged validity or interim quality. Trademarks that are mentioned are done without written consent and can in no way be considered an endorsement from the trademark holder.

Introduction

Congratulations on downloading this book and thank you for doing so.


The following chapters will discuss some of the basics that you need to know to get started with day trading. There are many different options that you can choose when it comes to picking out a good investment, and day trading can take you to the next level. There is some stress that comes with it, and you need to really understand the market, but that is where this guidebook can come in and help you to see success.


The beginning of this guidebook will spend some time discussing the basics that you need to know to get started with day trading. It will discuss the benefits of working with day trading, what day trading is and how it varies from other forms of trading in the stock market, how to pick out the right stocks to trade in, and even how to manage your risks. Before moving on, we will also talk about some of the tools and platforms that you need to have, such as picking out the right broker, to help you get a good start as a day trader.


In the second part of the guidebook, we will move on to some of the different strategies that you can choose to work with in day trading. There are many different trading strategies that are available, and each of them will have different rules and requirements that you need to follow to see some great results. And all of them can be successful as long as you learn how to use them properly. Some of the different day trading strategies that will be discussed inside this guidebook include opening range breakouts, reversal trading, ABCD pattern, resistance trading and so much more.


Getting started in day trading may not be the best choice for everyone, but for those who are ready to make good money in the stock market, for those who can keep up with the quick changes that come with day trading, and those who are ready for a great investment opportunity, day trading can be the best option. Make sure to read through this guidebook to learn all the tips and strategies that you need to be successful with your day trading investments.


There are plenty of books on this subject on the market, thanks again for choosing this one! Every effort was made to ensure it is full of as much useful information as possible, please enjoy!

Chapter 1: How Day Trading Works

Before you get started with your day trading adventure, it is important to know a little bit about the basics of day trading. Some people hear about this investment opportunity and how much money it can make them, so they jump in without doing any research. But this can be a dangerous way to do your work. It does not allow you to fully understand how day trading works and can even make it difficult to not lose money. Here we will look at some of the best strategies and tools that you can use to make you an expert when it comes to getting started with day trading.


Swing trading vs. day trading


What do you need to look for if you are a day trader? The answer is actually pretty simple in the beginning, but there are a lot of different parts that come with it. First, you want to take a look for stocks that have some movement, and you want this movement to be predictable. Second, you want to work with stocks that you can buy and sell on the same day. With day trading, you will never keep your position overnight and then sell the next day. If you do not make the trades on the same day, such as holding onto the stock overnight, you have switched from day trading to swing trading.


With swing trading, you are working with a type of trading where you will hold the stocks for a period of time. It is usually pretty short, and the trading will last from a day to a few weeks. The trading methods and strategies will be different for swing trading and day trading, so you should not use the same ones. They may seem similar because you are trading quickly in the market, but there are some key differences. Just remember, with day trading, you will purchase the stock and then sell it all on the same day.


This quick trading can be difficult for some people to deal with. If you are not careful with your selections, you may end up selling your stocks at the end of the day for a loss. But you really do need to let the stocks go, even at a small loss. If you hold onto the stocks overnight, the strategies for day trading may lead you to an even bigger loss the next day. If you want to be able to hold onto the stock for a few days and see if you can get a bigger profit rather than a loss, then you will want to go with swing trading instead.


Buying long and selling short


Day traders will always purchase a stock while hoping that the price will get higher. This strategy is known as buying long. Buying long will be a good option to go with any time you are looking at a stock, and you purchase it expecting that the price is going up.


That first part is pretty easy to understand, but what will happen if the prices of a stock start to drop? In this scenario, you can sell short, and you will end up making a profit in the process. It is possible to borrow shares from one of your brokers and then sell them, all while hoping that the price will get lower and that you will be able to purchase those shares at a lower price and make a profit. This is called selling short.

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