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‘How to Day Trade: The Plain Truth’ is a no-nonsense guide that dives into the nitty-gritty of becoming a day trader, and the essential knowledge you need to arm yourself with. Ever wondered what day trading actually entails? With a multitude of voices on social media touting their lucrative stocks or warning against disastrous “sure bets,” it’s hard to know what to believe. This book, the first of its kind to discuss in an honest and detailed manner, is an invaluable resource. Authored by Ross Cameron, who transformed $583 into over $10 million, it gives insights into the true life of a day trader – the wins and the losses. Yes, even successful traders have their off days. That’s the reality of trading, and that’s what I aim to share with my readers.
‘How to Day Trade: The Plain Truth’ stands apart from other day trading books in three distinct ways. Firstly, it is written by a trader with an audited record of success from over 20,000 trades. Beware of the self-proclaimed “day traders” on social media touting their single successful trade. The real proof of their prowess should be an independently audited record of ALL their trades, both the wins and the losses. Secondly, this book aims to debunk the myths about day trading that are perpetuated by social media, friends, and family who may have opinions, but lack concrete facts or in-depth experience. It addresses and answers common questions and misconceptions about day trading, such as its viability, its risks, the role of luck, and more.
Lastly, what sets this book apart is my identification of 20 specific “guardrails” from my years of trading. These are rules I abide by, along with some I wish I had known when I was starting out. These guidelines prove invaluable during the intensity of trading. Whether you’re seeking day trading books for beginners, or you’re not a novice but feel stuck in your trading journey