Day Trading QuickStart Guide - by Troy Noonan (Hardcover) (2024)

About the Book

The most comprehensive beginner's guide to day trading ever written. Veteran trader and trading coach Troy Noonan breaks down complex concepts and distills them to their most basic components so that anyone can start day trading.

Book Synopsis

THE ULTIMATE BEGINNER'S GUIDE TO DAY TRADING - INCLUDES A $1,000 TRADING COMMISSION REBATE - TRADE FOR FREE!

The ONLY Day Trading Book Complete With a Library of FREE Digital Trading Tools + $1,000 TRADING COMMISSION REBATE TO ONE OF THE LARGEST TRADING BROKERS ONLINE!

Are you ready to be the next success story?

If you are SERIOUS about achieving financial freedom through day trading than look no further than Day Trading QuickStart Guide!

Day Trading QuickStart Guide smashes the myth that successful day traders are math experts, careless risk junkies, or compulsive gamblers. Using the tactics and enclosed in these chapters, you'll learn the exact skills needed to find real success while keeping your risk to an absolute bare minimum.

Author Troy Noonan is a professional full-time trader and day trading coach with over 25 years of experience. The original 'Backpack Trader', Noonan has helped thousands of students in over 100 countries become successful traders using the exact methods and strategies shared in this book.

His story, and the success stories of his students, is living proof that anyone can take advantage of the freedom (financial and otherwise) that day trading offers.

Low-cost trading platforms, the ability to trade from anywhere at any time, and the comprehensive education you'll receive Day Trading QuickStart Guide means that there has NEVER been a better time to learn how to day trade.

Use the knowledge gained from reading this book to hobby day trade, supplement your current income, or day trade as a business; getting started takes less capital than you might think!

Day Trading QuickStart Guide Is Perfect For:

  • Complete beginners - even if you've never bought a single stock before!
  • People who tried day trading in the past but didn't find success because of phony gurus and courses
  • Existing traders who want to hone their skills & increase their earning potential
  • Anyone who wants the freedom of making full-time income with part-time effort!

Day Trading QuickStart Guide Explains:

  • The Inner Workings of the Derivatives Market
  • Futures Trading Contracts, How They Work and How to Maximize their Efficiency
  • How to Day Trade Options and Use Options Contracts to Hedge Against Risk
  • The Mechanics of Forex Trading

You Will Learn:

  • Day Trading Fundamentals, from the Anatomy of a Trade to Powerful Trade Plans For Serious Returns
  • Technical Analysis, the Backbone of Finding and Executing Winning Trades
  • Trading Psychology, a Key Aspect That Allows Traders to Rise to the Top
  • The Surprisingly Simple Way to Interpret Market Charts and Act Based on Your Findings Before Anyone Else
  • Technical Indicators, Patterns, Trade Plans, and Mistakes New Traders Must Avoid

*LIFETIME ACCESS TO FREE DAY TRADING DIGITAL ASSETS*

Day Trading QuickStart Guide comes with lifetime access to a library of exclusive tools and videos designed to help you get started quickly and become a better trader faster.

Review Quotes

"5 out of 5"

Day Trading QuickStart Guide will help beginning investors gain confidence and develop personalized strategies for trading success.

Drawing on decades of day trading knowledge and experience, Troy Noonan's comprehensive and accessible financial reference book Day Trading QuickStart Guide includes knowledge and advice about an enticing alternative to long-term investments.

Designed to help beginners decide whether or not day trading is right for them, the book is split into four sections. The first section focuses on individual fit, which is a strong theme throughout, emphasizing the notion that there is no one magic approach to investments. The book's real-life examples, some involving familiar names in the investment field, are both interesting and memorable. The book's second part teaches fundamentals, including about how markets work, types of trades, and understanding charts, and its third part focuses on understanding and analyzing information, with illustrations of ways to make use of opportunities and avoid pitfalls, both of which play major roles in day trading. The book's last portion shows how such information works in action, suggesting ways for individuals to tailor strategies to suit their individual needs.

The book's tone is friendly, clear, and direct, and it encompasses considerable knowledge while remaining approachable. Its complex ideas are presented in short, focused sentences and through on-point examples. The book establishes a firm understanding of one idea or principle at a time before moving on. By the time its chapters include varieties of stock charts, their types and purposes will be recognizable to the audience, familiar because of the work of earlier chapters.

The book's layouts are inviting and enhance its outstanding accessibility. Its subheads, bulleted lists, and dialog boxes help to break up text, acting as shorthand sign posts that eliminate unnecessary introductions and transitions, keeping the spotlight on what's being presented. Graphic icons that identify questions, examples, reminders, and special points are consistent in their use. Because of this groundwork, the book is easy to move through, as well as to backtrack through to reread particular points.

The book's auxiliary features are generous and useful, with downloadable features including video trainings led by Noonan, and guides to analyzing trades and calculating risks. Appendices on choosing software, brokers, and trading platforms round out the book, while its glossary of trading terms, list of references, and index are also useful.

The Day Trading QuickStart Guide is an approachable, information-rich handbook for investors who want to know more about its specialized form of investing.

- Foreword Clarion Review

Expertly written, and thoroughly 'user friendly' in organization and presentation, "Day Trading QuickStart Guide: The Simplified Beginner's Guide to Winning Trade Plans, Conquering the Markets, and Becoming a Successful Day Trader" should be considered mandatory reading for anyone considering the Day Trading of stocks in today's highly volatile marketplace.

While unreservedly recommended for community, college, and university library collections, it should be noted for personal reading lists that "Day Trading QuickStart Guide" is also readily available in a paperback edition and in a digital book format.

- Midwest Book Review


Day Trading QuickStart Guide - by  Troy Noonan (Hardcover) (2024)

FAQs

How much money do day traders with $10000 accounts make per day on average? ›

With a $10,000 account, a good day might bring in a five percent gain, which is $500. However, day traders also need to consider fixed costs such as commissions charged by brokers. These commissions can eat into profits, and day traders need to earn enough to overcome these fees [2].

What is the best timeframe for a beginner trader? ›

Medium-term time frames, such as the 4-hour and daily charts, are often favored by beginners. These time frames strike a balance between providing enough trading opportunities and allowing for a broader perspective on market trends.

What is the best book to learn how do you trade? ›

IG's top 10 trading books
  • Market Wizards. with authorJack D. ...
  • When Genius Failed. with authorRoger Lowenstein. ...
  • Investment Biker. ...
  • One Up On Wall Street. ...
  • Pit Bull: Lessons from Wall Street's Champion Day Trader. ...
  • Reminiscences of a Stock Operator. ...
  • The Intelligent Investor. ...
  • Technical Analysis of the Financial Markets.

What is the best day trading platform? ›

Our five best day trading platforms for April 2024
  • Low fees: Robinhood.
  • Stocks and options traders: E*TRADE.
  • Options and futures investors: Tastytrade.
  • Mobile investing: Webull.
  • Active brokers: Interactive Brokers.
Mar 26, 2024

Can I make $100 a day day trading? ›

You're really probably going to need closer to 4,000 or $5,000 in order to make that $100 a day consistently. And ultimately it's going to be a couple of trades a week where you total $500 a week, so it's going to take a little bit more work.

Can you make 200 a day with day trading? ›

A common approach for new day traders is to start with a goal of $200 per day and work up to $800-$1000 over time. Small winners are better than home runs because it forces you to stay on your plan and use discipline. Sure, you'll hit a big winner every now and then, but consistency is the real key to day trading.

What is the 90 90 90 rule traders? ›

There's a saying in the industry that's fairly common, the '90-90-90 rule'. It goes along the lines, 90% of traders lose 90% of their money in the first 90 days. If you're reading this then you're probably in one of those 90's... Make no mistake, the entire industry is set up that way to achieve exactly that, 90-90-90.

What is the average lifespan of a day trader? ›

"To survive you have to be a mixture of physicist and drug dealer, otherwise you become a sitting duck." In this high-pressure world, traders turn over quickly. "If you're not producing," says Handa, "you're gone." The average professional life-span of a trader, says Handa, is from 2 to 5 years.

How many trades should a day trader take per day usually? ›

Depending on the strategy employed, many day traders make tens to hundreds of trades per day, on average.

Which is the No 1 book for traders? ›

The Intelligent Investor

This trading book is so revered that Warren Buffett said it was 'by far the best book on investing ever written'.

What is the hardest trade to learn? ›

When asked what type of work was most difficult to master (out of 32 different trades), the two groups of respondents (the average age of which was 43 years old) were in agreement again — electrical work was the hardest to master, followed by carpentry, HVAC, and cabinets/countertops.

What should a beginner trader learn? ›

Here is a day trading guide for beginners
  • Learn the basics of the stock market. Before you start day trading, it is important to have a good understanding of how the stock market works. ...
  • Choose a broker. ...
  • Set up a demo account. ...
  • Develop a trading strategy. ...
  • Start small. ...
  • Be patient. ...
  • Manage your risk. ...
  • Take breaks.
Aug 10, 2023

Can you really get rich day trading? ›

In summary, if you want to make a living from day trading, your odds are probably around 4% with adequate capital and investing multiple hours every day honing your method over six months or more (once you have a method to even work on).

What is the most profitable way to day trade? ›

Leverage. Day traders often use leverage for their investments. This means trading with borrowed money, using margin. Margin trading has the chance for much higher gains if your trades go well, but you can lose money much more quickly too.

What software do day traders use? ›

The fastest trading platform will be found among TradeStation, tastytrade, Charles Schwab's thinkorswim, Interactive Brokers' Trader Workstation (TWS), and Webull because they are desktop-based.

How much does a successful day trader make a day? ›

Profit Margins

Some traders aim to earn 1%-2.5% of their account balance daily. It should be noted that higher risks usually accompany higher returns and that traders who risk more have a higher potential to blow out their trading accounts. Many profitable traders attest to the importance of proper risk management.

How much do day traders trade per day? ›

A day trader might make 100 to a few hundred trades in a day, depending on the strategy and how frequently attractive opportunities appear. With so many trades, it's important that day traders keep costs low — our online broker comparison tool can help narrow the options.

Can I make 1000 per day from trading? ›

Earning Rs. 1000 per day in the share market requires knowledge, discipline, and a well-defined strategy. Whether you choose day trading, swing trading, fundamental analysis, or any other approach, remember that success takes time and effort. The share market can be highly rewarding but carries inherent risks.

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