Written by Andrew Aziz
An often-recommended book covering the fundamentals of day trading. Aziz explains the difference between Day Trading and other forms of trading that will help you understand the unique benefits (and draw backs) of Day Trading.
You’ll learn where and how to start Day Trading and what you should expect.
This trading book is short and to the point which makes it ideal for beginners not wanting to get bogged down in advanced theory.
You’ll learn some popular trading strategies such as ABC patterns, Reversals, and Bull Flags. Aziz also talks about indicator-based trading using Moving Averages, and VWAP.
By the end of this book, you shouldn’t expect to be a profitable day trader. You will however have an excellent starting point, equipped with trading strategies to practise and master. As always, make sure any practising that you do is on a simulated account where no real money is at risk.
From here you may choose to check out Aziz’s more advanced trading book which also features on this list. You may also consider learning how to trade with an educator that provides support as you grow your skills.
Not just beginner traders, but intermediate traders may find some use for this book. The useful content would be the trading strategies, the beginning of the book may be a little too basic for you.
A good read, and my number 2 pick for the best trading books for beginners.