$even ways Beginners can become a Rich Day Trader
By Jose Pila
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About this ebook
Read this Jose Pila book on your PC, Mac, smart phone, tablet or digital device or in paperback.
If you need to learn this business from the ground up and want to become rich from doing it then $even ways Beginners can become a Rich Day Trader is definitely a good starting point for you. I encourage you to read it as many times as it takes for it to become clear to you as to what you do and do not need to learn to be successful in this business and make money right from the start. There are no money back guarantees or do over’s in the financial markets so you must know the right information from the start to have a chance of becoming consistently profitable and financially successful. $even ways Beginners can become a Rich Day Trader can expedite your long learning curve for you are willing to put in the hard work.
The professional advice I give you in $even ways Beginners can become a Rich Day Trader will empower you to have confidence and zero fear of going in the live markets and accurately initiating a low risk high reward position with which you can have a high probability outcome from being a live market participant. Becoming a successful wealthy self-directed investor and trader is not nearly as difficult as one would think as long as they have the proper education and proper knowledge base right from day one, it takes a while but you can do it!
When you are done reading $even ways Beginners can become a Rich Day Trader you will have an excellent basic explanation of what and what not to do before you even study anything or do any kind of education. The information in $even ways Beginners can become a Rich Day Trader will put you on the fast track to becoming a successful self-directed financial market investor and trader with very little money invested other than the cost of this book and your time and effort to learn this business the right way the first time from the first day.
The road to success in investing and trading as I always say is paved with the smoking blown up accounts of investors and traders. It did not have to be a long hard and expensive road though. It can be a road paved with gold and be fairly easy if you just take time to learn this business the right way from the start on your first day, keep it simple and it will be.
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$even ways Beginners can become a Rich Day Trader - Jose Pila
$even ways Beginners can become a Rich Day Trader
How to use Supply and Demand for High Profits
By Jose Pila
Copyright 2016
Why you should read this entire book
There are a lot of pre-education and pre-trading decisions you will need to make before you spend any money on trading or capitalizing an account to trade live with as a brand new self-directed trader. $even ways Beginners can become a Rich Day Trader delivers a basic comprehensive guide to some of the tools and resources needed to help give you the best beginner information to make some of those hardest decisions and things that can help you to become rich if you take the time to listen what $even ways Beginners can become a Rich Day Trader is telling you.
Almost all the professional investors and traders I know do not even worry about the making money. They are much more concerned on managing their capital and risk in the live markets. It’s really not about making money it is about keeping the capital you already have.
The reason you bought $even ways Beginners can become a Rich Day Trader and why it is unique is that it is going to tell you about the what, the and how about what you need to know to be able to trade and invest in today's financial markets (or any tradable market) with confidence and zero fear and to be able to do it the right way from the start on as little as $500 capital to start with.
When you are done reading $even ways Beginners can become a Rich Day Trader you will have an excellent basic explanation of what and what not to do before you even study anything or do any kind of education. The information in $even ways Beginners can become a Rich Day Trader will put you on the fast track to becoming a successful self-directed financial market investor and trader with very little money invested other than the cost of this book.
You will be able to make the first decisions as to what you want to study and how you plan to do your education in order for you to be able to make your own self-directed investment decisions with real money in the live currency, stock or futures markets.
The road to success in investing and trading as I always say is paved with the smoking blown up accounts of investors and traders. It did not have to be a long hard and expensive road though. It can be a road paved with gold and be fairly easy if you just take time to learn this business the right way from the start on your first day, keep it simple and it will be.
Once I tell you the basics to investing and day trading the live financial markets to make money every day with the smart money I encourage you to read every article and watch every video you can on the subject and incorporate the simple investing and trading principles you learn into your own core strategy when you put it together. Use the extra clickable links provided at the end of the book to do more of your own research.
Your core strategy can and should be very simple and really all you will need to make money with the smart money every day in the live financial markets or any liquid market for that matter. I use this method every time I initiate a position in the live market after doing my due diligence and research.
Once you know what this method is you will find that is very practical and can be used it in the live financial markets in an intelligent and methodical way every day. When you have it down pat you will have a lethal double whammy method to make as much money as you want or need. The beauty of it is that it can be used in all liquid markets and all time frames making it a robust method that is easily repeatable across any asset.
The professional advice I give you in $even ways Beginners can become a Rich Day Trader will empower you to have confidence and zero fear of going in the live markets and accurately initiating a low risk high reward position with which you can have a high probability outcome from being a live market participant. Becoming a successful wealthy self-directed investor and trader is not nearly as difficult as one would think as long as they have the proper education and proper knowledge base right from day one, it takes a while but you can do it!
I feel $even ways Beginners can become a Rich Day Trader does an excellent job in explaining the very first things a new investor and trader needs to know before even doing anything. It is meant to be a spring board for the very first educational information that a new person needs for a baseline to get started from.
Learning to change bad habits developed by having the wrong information to start off with are very hard to break. Listen to what it says to do in $even ways Beginners can become a Rich Day Trader and don’t develop any bad habits to begin with and you could be cruising your money train down to the bank everyday consistently.
Another reason you should read this whole book is so that you can avoid the mistakes that 97% of retail sheeple of the herd and retail traders make from day one. The books in my brand new investor and trader series talk about those reasons in detail so that you don't have to waste years finding it all out the hard way and expensive way on your own. You’re welcome!
If you need to learn this business from the ground up then $even ways Beginners can become a Rich Day Trader is definitely a good starting point for you. I encourage you to read it as many times as it takes for it to become clear to you as to what you do and do not need to learn to be successful in this business from the start. There are no money back guarantees in the financial markets however you must know the right information from the start to have a chance of becoming consistently profitable and financially successful.
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Table of Contents
Why you should read this entire book
The best job you never thought of
You are a money manager first and a money maker second
The way to become rich from trading is by having rules to work by – then never breaking them
Using supply and demand as your trading method is the smart money way of getting rich from trading
Always follow the path of least resistance – that’s where the smart money is
Don’t get herded down the wrong path
Market timing is the another way to become rich from trading – you must become an expert at it
Avoiding these mistakes can help your account balance grow quickly
Know who the competition is and become rich from their mistakes
Develop a smart plan
then implement it
3 things that will help you win more trades – large PM, correlation, confluence in signals
Ways beginners can increase their winning percentage
Overcome over trading as a beginner
Only use advanced price action analysis and probability boosters - to put the probabilities in your favor
Using those fancy indicators will not make you rich in trading
3MS&D+3 Method of Trading
Some real world examples to really get you thinking about getting rich from trading
My final advice to new traders
Bonus section
Extra links
Glossary
Disclaimer
The best job you never thought of
What is the best job you never thought of? I bet it wasn’t day trader, investor, or high frequency day trader? Was it money manager/day trader, risk manager/day trader? For the type of job I am writing about in this book there isn’t even a high school diploma or MBA needed!!! Hell no clothes needed for that matter! Where else can you go to work stark naked and make an unlimited income, only in this business, and only if you’re doing it from home. LOL
To be a great investor and trader you have to get past the idea that having and making a lot of money are the only ways to happiness. Once you get past that thought process you can and will become successful. You also have to make a decision as to how much time you will put forth into your new trading business.
First let me say that working from home and making as much money as you could possibly want to have is completely possible. There is no secret about that. Day trading, swing trading and investing are the best business in the world to be in as far as I am concerned. You can do it from anywhere on the planet there is WIFI so what could be wrong with kicking back on your boat at the marina or at the beach on a beautiful sunny day or flying to Europe to meet friends for the weekend. That’s the beautiful thing about the market; you always have a chance to make money. It's virtually 24 hours a day. Just like a bank ATM machine right?
$even ways Beginners can become a Rich Day Trader is short, sweet and gets right to the point and tells you the basics of what you need to know to get you in the driver’s seat of your own money train. Most new people coming into this business have unrealistic goals from the start which is only one of the mistakes they make; their sole focus is on making quick and easy money. Unfortunately it doesn't work like that. Don't get me wrong all of us who have made it and make real money trading and investing in the live financial markets are there for one reason, to make money. Anyone who tells you they are doing this business for anything else should not be in this business.
You absolutely do not need a big fancy degree from a big fancy Ivy League college to become successful at the business of making money with money. All the information you need to do this business is readily available online if you know where to get it. You will need to develop your own time management skills though. There are some extra links at the end of the book to help you expedite some of your learning curve time. You’re welcome!
I will talk about where to go to get the information you need to become consistently profitable in this business a little later however right now I want to tell about how good it is to be able to do this business and work for yourself. My guess is that right now you are an at will
employee of where ever it is you work at. If you don’t know what at will
employment means here is a link to an explanation of it, and you should pay attention to what it says. https://en.wikipedia.org/wiki/At-will_employment
The amount of time you want to work is up to you (I bet you can’t do that right now). In your own trading business you are the boss right? You make the decisions as to when you want to work and for how long. Since I position trade now I might spend 30 minutes a week analyzing my charts. I suggest if you are brand new to the trading business that you spend at least 10 minutes a day reviewing your positions at the very minimum. Could you get your head around only working 30 minutes a week and making an unlimited income?
You can pick the best time of day which suits your lifestyle to work in the financial markets. You can work in any session there is in which the markets are open. There are many to choose from so you have the chance to make money when it is convenient for you. That’s the beauty of it!
Investing and trading is the best business in the world as far as I am concerned. It is the only business I know of where you can be at the beach on a beautiful sunny day or scuba diving or flying to Europe for the weekend to meet up with friends and still be making money the whole time you’re doing it.
You want to learn to trade and invest right? You want to make money and have a lot of freedom right? Do what it says in $even ways Beginners can become a Rich Day Trader and you can be on your way to giving yourself and your family the best life you could ever imagine all from the comfort of your own home perhaps. With the way technology has advanced you can even trade from your phone these days although I strongly recommend you do not.
What I am trying to point out is that by being in the investing and trading business as a self-directed trader you can have all the freedom you will ever want and make all the money you will ever need. Perhaps you desire to make a better life for your family and be able to spend more time with them.
The markets are there for people to make money every day. All you have to do is learn what to do the right way and then go in there and get it. If you’re sick of driving to a job you hate everyday then read on, this book is for you. My commute to work is the ten steps it takes me to walk from my bedroom to my office where my workstation is, where my trusted assistant Angel my cat already has the charts of the day all analyzed and annotated. Ten steps to go to work versus what, an hour drive? Can you get your head around that?
Just because you have an MBA from Harvard or Columbia business school does not mean you will be able to be successful in the live financial markets it just means you paid a lot of money for a good education from a good school. I have a very high degree of education