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Day Trading Techniques Without Technicalities: More than 30 Simple and Profitable Techniques

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This illuminating guide delves into the intricate yet scientific aspects of navigating the volatile world of financial markets. Contrary to common perception, day trading is not a mere game of chance; it is a calculated science that involves reading the market with precision and making informed decisions at the right moment to emerge victorious.The book is structured into three insightful Part Techniques, Tricks, and This section introduces 17 techniques, tricks, and tactics that offer a unique perspective on day trading, providing traders with a diverse range of approaches to navigate market complexities without solely relying on technical analysis tools.Part Unveiling Technical Proficiency in Plain Language: Here, the book simplifies six dependable technical tools and indicators, including the ADX Indicator, which gauges the strength of a stock’s trend, and the ATR Indicator which guides traders on setting stop-loss orders for optimizing profitability and minimal risk. These tools are explained in a way that is accessible even to beginners, providing valuable insights into market dynamics and enhancing the ability to make profitable day-to-day trades.Part Utilizing Moving Averages and Oscillators for Strategic Navigate the complexities of Simple Moving Averages, Exponential Moving Averages, and Moving Average Convergence and Divergence. Learn how these indicators, through crossovers, provide timely alerts for optimal buying and selling opportunities. Additionally, decode signals from the Relative Strength Index, Stochastic, and Bollinger Bands to discern overbought and oversold conditions, guiding traders on opportune moments for transactions.With over 30 meticulously explained techniques, this book serves as a comprehensive resource. Readers will gain a deep understanding of rational trading decisions supported by tested strategies employed by successful traders across stocks, futures, indices, commodities, and forex markets. Elevate your day trading skills and embark on a journey toward consistent profitability. Take the next step in mastering the art of day trading with this invaluable guide.

82 pages, Kindle Edition

Published June 23, 2020

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About the author

Arulpandi P

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Displaying 1 of 1 review
9 reviews
July 3, 2024
Thorough

The information in this book is easily applicable.

He explains different indicators well.

He explains how to find stocks to trade well.

The book helped me right away to do better trades.
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