How to Day Trade for a Living: A Beginner's Guide to Trading Tools and Tactics, Money Management, Discipline and Trading Psyc

4.6 4.6 out of 5 stars | 17,934 ratings

Price: 17.46

Last update: 01-08-2025


About this item

Very few careers can offer you the freedom, flexibility, and income that day trading does. As a day trader, you can live and work anywhere in the world. You can decide when to work and when not to work. You only answer to yourself. That is the life of the successful day trader. Many people aspire to it, but very few succeed.

In the audiobook, 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 audiobook short so you can actually finish listening to it, and not get bored by the middle.

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

Intermediate traders may benefit from the audiobook'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 listening to Chapter 7 for an overview of the most important day trading strategies:

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:

How to find the Stock in Play for trade What indicators I am using on my charts When I enter the trade When I exit the trade (profit taking) What is my stop loss

PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.


Top reviews from the United States

Justin Mirche
5.0 out of 5 stars A Must Have If You Serious About Day Trading
Reviewed in the United States on June 29, 2023
Andrew Aziz's "How to Day Trade for a Living" is an extraordinary and indispensable guide for anyone aspiring to venture into the exhilarating world of day trading. Packed with wisdom, insights, and practical strategies, this book stands out as a comprehensive manual that empowers both novices and experienced traders alike.

Aziz's writing style effortlessly engages readers from the very first page, as he navigates through the intricacies of day trading with clarity and precision. He artfully breaks down complex concepts into digestible pieces, ensuring that readers can grasp the fundamentals before delving into more advanced techniques. The book's structure is well-organized, making it easy to follow along and refer back to specific topics when needed.

One of the book's greatest strengths lies in Aziz's ability to share his personal experiences and lessons learned from his own trading journey. He openly discusses the triumphs and tribulations he faced, providing valuable insights into the mindset required for success in this demanding field. Aziz's transparency not only imparts a sense of authenticity but also cultivates a connection with readers, making them feel like they are learning from a trusted mentor.

The author's emphasis on risk management is a standout feature of this book. Aziz stresses the significance of protecting capital and provides practical strategies to minimize losses. By instilling the importance of discipline and patience, he guides readers towards developing a robust trading plan that can weather the storm of market volatility. Moreover, his insights on psychological aspects, such as controlling emotions and avoiding impulsive decisions, are invaluable tools for maintaining a clear and focused mind amidst the chaos of the trading floor.

What makes this book truly exceptional is its ability to bridge the gap between theory and practice. Aziz seamlessly blends theoretical concepts with real-world examples, allowing readers to see how they play out in live trading scenarios. The inclusion of numerous charts, graphs, and illustrations enhances understanding, enabling readers to absorb information visually and kinesthetically.

Furthermore, Aziz provides readers with a host of practical tools and techniques to refine their trading skills. From identifying patterns and using technical indicators to effectively managing trades and assessing risk-reward ratios, this book equips readers with a comprehensive toolkit for success. The actionable steps outlined throughout the chapters create a clear roadmap for aspiring day traders, fostering an environment of growth and progress.

Although "How to Day Trade for a Living" covers a vast array of topics, Aziz's writing remains accessible and avoids overwhelming readers with unnecessary jargon. Even those unfamiliar with the world of finance can easily grasp the concepts and gradually build their knowledge as they progress through the book.

Andrew Aziz's "How to Day Trade for a Living" is a masterpiece that deserves a prominent place on the bookshelves of aspiring day traders. It is an engaging, educational, and empowering guide that instills the essential skills, strategies, and mindset needed to thrive in the dynamic world of day trading. Aziz's expertise, combined with his sincere desire to help others succeed, makes this book an absolute gem. Whether you are a novice or an experienced trader, this book is an indispensable resource that will transform your trading journey.
Steve Burns
5.0 out of 5 stars The Complete Guide to Get Started Day Trading
Reviewed in the United States on April 22, 2023
I've read hundreds of trading books and have been active in the stock market for over 30 years. I continue to read trading books to see what other traders say about their own experiences in the market. Good trading books are worth their weight in gold if they give you just a few lessons that increase your profits or decrease your losses.

Day trading is a specialized endeavor that requires an edge in the market and the speed of execution, risk management, and discipline to stick with your strategy. New-day traders can get into trouble quickly and lose much money when they lack any of these in their approach. Realizing your need for more knowledge on the subject is the first step; the second step is to study.
Andrew Aziz's "How to Day Trade for a Living: A Beginner's Guide to Trading Tools and Tactics, Money Management, Discipline, and Trading Psychology." is the best introductory book on day trading I have come across. Its steady top ranking in book sales and amount of positive reviews confirm this. This concise, no, fluff 384-page new expanded 2022 edition of the book covers all the topics a new trader will need to know without being overwhelmed with the things that aren't important. The writing style is to the point and not dull as it gets to the point and moves to the next lesson. It isn't full of anecdotes or too many personal stories. The book is a focused master class on what you need to know to day trade.

Day trading is a professional pursuit, and you must take it seriously. The author of the book is clear that day trading takes work. This is not a get-rich-quick book; it's an educational one. Most people who try day trading lose money because they need proper education, practice, and skills. The author emphasizes that consistent success requires skill acquisition over time, and treating day trading as a serious business is crucial. This is a realistic approach that can lead to future success.

The lifestyle and rewards of successful day trading can be pretty enticing: working from home, having no boss, no coworkers, income based on performance, and taking time off when desired. A proficient day trader can earn more in a day than a week at a job. However, achieving this success requires dedication to education, practice, and applying the strategies and principles outlined in the book. Andrew focuses the reader on the journey of becoming a profitable day trader. He gives you what you need, from trading setups and strategies to risk management and the right mindset.

He explains that success comes from properly educating oneself and diligently practicing strategies in a simulator for at least three months before trading with real money. He also goes into the details, like hotkeys and how to find the stocks in play for day trading. The book is filled with screenshots, and he goes step by step.

The book teaches all the general principles of day trading, risk management, money management, various strategies, discipline, and trading psychology. It also offers a step-by-step process for those who wish to become successful day traders.
While the book is an excellent introduction to day trading, the author also provides free introductory access to his trading community, where one can watch him trade, receive advice, and learn from other traders. This book is the manual for the full day trading education he provides, and you can continue your journey to his more advanced books or learn to day trade directly from his service. However, this book is the one to start with and what I recommend to new traders that ask me about day trading books.

The author's passion for teaching and trading shines throughout the books, and he genuinely wants to help others succeed in day trading. Andrew is very friendly and social in real life. You can even catch his traveling adventures on social media, where he lives the dream of day trading and visiting amazing places around the world.

In summary, "How to Day Trade for a Living" offers valuable insights and a clear path to understanding and engaging in day trading. Whether or not one ultimately decides to pursue day trading seriously as a profession, this book serves as a solid foundation for making an informed decision. This is the first book an aspiring day trader should read in my opinion.

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