Advanced End of Day Trading
Low Risk High Profit End of Day Investing & Trading
By J.R. Calcaterra
Copyright 2016
Who I wrote this book for and how to use the information
B rand new traders do what everyone else is doing and study what everyone else is studying thus they have the same results and failures as everyone else. Dont be that trader! They make the same mistakes over and over because they dont know any better , now you do .
A dvanced End of Day Trading will be an excellent introduction for someone has very little experience in the financial markets for what they can expect to research and learn if they want to have any chance at being successful making real money in the live markets. If youre brand new this book will give you a head start, if you have a little knowledge already I hope this book can give you more information and help you learn something new and help you become consistently profitable.
T he reason Advanced End of Day Trading is unique is that it is going to tell you about who your competition is and how you can beat them, what you need to study first that will make you rich fast , where you need to go to get consistently profitable quickly , when you should and should not be in the live market and how about the other information you need to know to be able to trade and invest in today's financial markets (or any tradable market) with confidence and zero fear.
P icture yourself throwing all your startup capital into the bon fire at the party youll throw for yourself for starting your new trading business up and watch it burn up in smoke and flames right before your very eyes. You smell that? Thats all your money burning up because you went to fast or did not learn what to do the right way from the first day of your trading business.
T here are only two groups of people who are doing business in the markets, the professionals and the retail investors and traders. The retail group includes both wanna be traders and also brand new traders with zero experience at all who are just trying to be cool and say they work in the market.
U se this book as an overview or a guide if you will, for what advanced principles to study and learn first to become consistently profitable trading equities, Forex or futures. I give you concise information as to what to learn first and what to look for as far as further information is concerned. I tell you only the most critical things to learn first because those are absolutely the most important and the ones that will make you money right away if you do them. This book is written to provide straightforward, easy to understand and easy to apply advice, tips and techniques that can be the backbone of any successful traders achievements in the financial markets.
I nstead of trying to read Advanced End of Day Trading fast I recommend that you go slow and look up and search for the main things the book talks about that will help you to become successful right away . Skip over anything that is important and it could for sure cause you to lose some money, no one wants that now, right ?
I did not put all the history of the markets and all the stats in this book. You can look all of that up online at your leisure if you want to know that information, while it is good to know, it will not make you real money in the live markets every day. The markets only work on supply and demand and the sooner you understand that and get a rule based plan which only lets you trade around that, the sooner you will be making consistent profits form the financial markets.
A dvanced End of Day Trading will be an incredible read for someone who has limited knowledge or someone who has some basic experience who is struggling with their trading and investing. I purposely do not put any charts or graphs in this book it is full of advanced principles which can help in what you already should know how to do like chart reading and trader psychology. Im sure you have already been wowed by all the pretty colored charts and graphs with squiggly lines that you dont need .
A dvanced End of Day Trading is about giving you the best information you need to really give you a fighting chance at becoming successful in this business. I try to keep industry jargon to a minimum and give links to locations where more education and training information can be found online and for free .
S imple, basic and easy to understand, if I can give you one word of advice at this point in this book I will tell you to keep it simple because trading really is simple if you keep it that way. You do not need any indicators or fancy systems, methods or software that the so called gurus are all touting. The market only works on supply and demand and supply and demand is the only thing that as I said earlier moves price on a chart from one value area to another. Doesnt it make sense then to study what makes the market do what it does and use that as your trading method?
H ere is the first tip I can give you. Dont waste time on learning things that will not help you make money in the live market. You dont need to know the history of the financial markets and what all the old time guys who made a lot of money did to make their loot. Its not even the same market or economics as it was when they were in the live market so dont waste any valuable education and learning time on learning that information.
I encourage you to begin to learn only what will make you money in todays markets. If you would like to go back and study all that history once you have become consistently profitable on a daily basis so be it. If and when you do become successful in this business you will have a lot of time on your hands anyway because at that juncture trading is boring and it is a lot of waiting around.
I have tried to give you in Advanced End of Day Trading the truth of what happens in real life, in real time and in real money in the live markets every day. There are no short cuts and you must do the time if you want to drive your own money train. I try to keep the explanations clear concise, simple and uncomplicated. This book gives you substantial value and is going to be the foundation of your advanced education.
A s a professional investor and trader, I felt it was time to show that most learning by new people in the business can be very easy if they learn what to do the right way from the very start of their education process. What this book is going to tell you is how not to make the mistakes that most new investors and traders make that cause them to lose money right away.
T he market is not a big secret and all of the information you need to make a trading decision is right out in the open. If you know where to find the information and know what to look for you can and will make some money every day in the market provided you are looking at the right information and trading with and against the right people.
U nfortunately the trading-education industry does not have a good track record when it comes to its information practices and due to very little regulation in the industry, most people learn to trade completely wrong from someone who is good at marketing and sales but not so good at trading or who doesnt even trade at all . Later on I will discuss the importance of getting a mentor and how doing so can also greatly expedite your learning curve and help you to make real money faster.
I encourage you to read this entire book through thoroughly one time from the beginning and not skip anything. It is very important to grasp the advanced principles described as the book progresses. By skipping around you could perhaps miss a critical step or some information that is part of the order in which advanced investing and trading needs to be learned.
A dvanced End of Day Trading can help you keep it simple and filter the huge amount of information out there down to only what you need to know right away and then can work towards adding more information and studies as you go. My philosophy is to start small and build on success have limited exposure while you hone your skills, then progress as you become more competent.
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