Some good books on day trading:
How to Day Trade for a Living: A Beginner’s Guide to Trading Tools and Tactics, Money Management, Discipline and Trading Psychology
A Beginner’s Guide To Day Trading Online 2nd Edition
The Simple Strategy – A Powerful Day Trading Strategy For Trading Futures...
Below are some of the tips you can follow to become a successful stock trader:
Buy And Hold Good Stocks
Do Not Overemphasize P/E Ratio
Stick To One Strategy
Don’t Worry Too Much About Taxes
Always Put a Stop Loss to Your Trading
Keep Emotions in Check
Do Not Over-trade
Good advice. Whatever you have said is very true. Trading is definitely not an easy job. It requires all round skills to excel with the same. And above all, you need patience and cool head to let things happen.
That was an amazing interview. Really enjoyed reading thoughts of Mr. Damodar. I like what he is saying here -
If you’re going to chase momentum, just chase it. Be open about it. If you’re going to chase momentum, you’ve got to get the timing right, and the problem with return chasers is they...
There are several forex signal providers. It is really difficult to find the most authentic service provider. I know one service provider. You can search for FX PIPS UK. Its a good one. You get free trial too.
This indeed is a great piece of advice. As a trader myself, I have been trying hard to work upon my trading skills. Its difficult but definitely not impossible.
How should a person develop interest in trading?
I meet a lot of people who know that they can make good money from trading but are lacking enthusiasm for the same.
The interest regarding trading is missing in them.
I guess there are lots of them. Here is one website where you can check out all upcoming international conferences - https://10times.com/top100/finance
You can filter on the basis of industry and the country.
Yes, I also get the same feeling sometimes but I avoid getting distracted by the same. I have set a goal for myself and I believe trading is the best way to achieve the same. I am not trading all the time. In my free time, I try to spend most of my time with my family. My family is my biggest...
Timothy Sykes is one of my favorite trader. I have been following his youtube channel. He has already covered a lot of trading tips and strategies on his video channel.