DiPietro, Josh

The Truth About Day Trading Stocks: A Cautionary Tale About Hard Challenges and What It Takes To Succeed

DiPietro, Josh - The Truth About Day Trading Stocks: A Cautionary Tale About Hard Challenges and What It Takes To Succeed, ebook


Ebook, PDF with Adobe DRM
ISBN: 9780470495834
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Printing67 pages with an additional page accrued every 11 hours, capped at 67 pages
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A realistic guide to day trading today's stock market

The Truth About Day Trading Stocks is an uncompromisingly realistic look at the challenges involved in becoming a successful day trader. Based on author Josh DiPietro's ten years of experience as a day trader, this book dissects the psychological and strategic pitfalls that cause most aspiring day traders to fail. Written in an engaging and sometimes humorous tone, The Truth About Day Trading Stocks relates his own experiences, and in so doing, provides the reader with valuable lessons. This book is an antidote to trading industry hype that encourages traders to believe that trading is easily learned and is a fast path to wealth. It explains that the conventional route of attending seminars, buying software, and opening an account with a major brokerage house is a path to failure. Instead, a trader must learn hard lessons of self-discipline, consistency, and staying in the game for the long haul to have a real chance of success. The goal of this guide is to slow down the over-eager, over-optimistic amateur day trader by imparting a realistic view of the challenges of day trading and providing tools, techniques, and insights to become a successful trader without losing a huge amount of money in the process.

Josh DiPietro (West Dennis, MA and New York, NY) has been day trading stocks for ten years. He operates a Web site, www.daytraderjosh.com, and provides training programs for aspiring day traders.

Keywords: emotions and trading, minimizing trading risk, over confidence and trading, paper trading, paper trading strategy, pay-per-share, pay-per-trade, picking the right online broker, psychological truths about trading, stop losses, risk management, stock picking, the truth about day trading stocks, trading truths, trading consistently, ww.daytraderjosh.com, learn day trading

John Wiley and Sons, Inc.
Publication year
Wiley Trading
Page amount
224 pages

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