How to Day Trade From Home: The Beginners Guide to Trading Psychology and Proven Strategies for Success: 3 Hour Crash Course
By Edward Day
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About this ebook
Build a brand new life by spending less than an hour a day at home doing this...
Are you sick of the same old boring routine day after day?
Are you ready for a life of financial freedom--one that allows you to work from wherever you want in the world, be it a luxury hotel, sandy beach, or even a remote jungle getaway?
The year is 2020 and this type of lifestyle is no longer the stuff of science fiction. In fact, building the life of your dreams has never been easier.
Whether you're happily single and ready to take off on a one-way ticket, or you have a family to support and just need to be earning more in less time, the opportunity is out there.
Did you know that in 2019, 43% of Americans had a job that allowed them to work from home?
Times are changing, and they are changing fast.
But what if your skillset isn't conducive to working at home or from a laptop?
There are thousands of ways to earn a living without having a "real job," and among them is one of the most riveting and euphoric experiences you will ever pursue.
Not only is day trading an incredibly uplifting pursuit, but it's also a field that can easily become a profession while earning you a financial killing in the process.
In How To Day Trade From Home, you'll discover:
- The origins of day trading and why its rise in popularity is something you should be paying attention to
- How to mitigate the risks and capitalize on reward from the very first trade
- An in-depth look at the terminology and know-how of day trading, allowing you to enter the field of battle armed and ready
- The key to understanding tax laws that could save you thousands
- What to look for in a broker and how to choose the best one to fit your specific needs
- The top 5 mistakes all starting day traders make and how you can avoid them
- The secret weapons to success in day trading that will give you an unfair advantage in gaining profit
- A step-by-step action guide to developing your own unique strategy
… and much more.
You don't have to continue waking up every morning and dreading what life has to offer.
Leave that lousy job behind and begin living the life you've always wanted--one of freedom and peace, of exhilaration and fulfillment.
The beauty of day trading is that you can begin however small you'd like, or are comfortable with, and then scale your way up.
It won't happen overnight, but with a bit of determination and focus, as well as the right tools, techniques, and understanding, you will be earning back what you invested (and more) before you know it.
Mere months from now, you will look back on your life and ask yourself just one simple question:
"Why didn't I start sooner?"
If you're ready to begin a worthy career where no one can ever again tell you what to do or how to act, then scroll up and click the "Add to Cart" button right now.
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How to Day Trade From Home - Edward Day
Who I Am
I’m not preaching from a pedestal; I used to be just like you. I’m a family man with simple interests. I love fishing (who doesn’t?) and I’m at my happiest when I’m walking my dogs. I was just your average guy trying to get by, but I wanted to be able to offer my wife and daughters more. I think every father wants to be able to lay the world at his children’s feet, and I was no different. I followed all of the golden rules that parents and teachers give us, promising us that we’ll be successful if we manage to abide by them. I was a good student, enough so that I went off to earn bachelors’ degrees in finance and accounting after high school. A lot of people are put off of studying degrees that involve dreaded numbers, but I went ahead and did it because I wanted to be financially successful. I’ve always loved business and finance, so it was an easy pill to swallow. In order to make sure that I’d be extra successful I went off and completed an additional bachelor’s degree in economics as well as completing my master’s in accounting. However, all of the education in the world couldn’t have possibly prepared me for what came next.
My life was on track to being the magical shower of financial success that society guarantees those of us who throw our backs into it.
I had numerous degrees and soon started working as an accountant. I thought this is it, this is really it—this is how I’ll get my financial freedom and secure my family’s future.
But it wasn’t. I enjoyed my job, but I didn’t enjoy the monotony of the nine-to-five lifestyle that I was living, I didn’t enjoy being away from my family all of the time, and I soon came to realize that while the pay wasn’t bad, I’d never become a millionaire from that paycheck alone. I knew then that I had been bamboozled, just like so many before me, into believing that hard work alone was enough to help you to reach financial freedom. It isn’t. I wanted to break free, but I didn’t know how. That is, until 2008 rolled around and turned my life upside down. In the blink of an eye, I reevaluated my entire life and decided to head down a different road, the one less traveled by.
Just a little over twelve years ago I was working as an accountant for a client who made all of his money off of forex trading, and he made a lot of it, which means that I was instantly intrigued. We soon became firm friends and before I knew it I was accompanying him to a seminar on that very subject. I was hooked immediately and knew that forex trading would be my gateway to the lifestyle I had always dreamed about. It wasn’t long before I realized that I had a knack for it. I handed my letter of resignation to my boss, packed up my office, walked out of the door with nothing but a dream in my heart, and never looked back. Switching to being a full-time forex trader was honestly the best decision that I ever made, albeit the scariest too. Most of us throw our dreams away because we’d rather settle for certain mediocrity than uncertain success, but I didn’t want to spend the rest of my life counting my cents and chasing dollars. If reaching for success wasn’t scary, everybody would do it and every second Tom, Dick, or Harry would be the new Bill Gates. Being willing to take risks is one of the key characteristics that you need to embody if you want to join America’s wealthiest one percent. You need to be willing to walk the path less traveled, like me, if you want to get to places that most other people never get to.
Where am I now? Well, I’m sitting pretty. I have a few mentees of my own now, people whom I’m trying to help to become financially successful too. I’d like to help you put your bank account on steroids too, if you’re willing to accept my assistance. I’ve made quite a bit of money off of forex trading, and although I don’t like to brag, I can say that it’s more than enough to insure that my two daughters, my wife, and I will always have enough money to live comfortably. I’ve been privileged enough to have been invited to a number of stock trading and forex seminars as a speaker to share my knowledge over the years too. Sharing what I’ve learned is one of my greatest passions. I feel somewhat responsible for paying forward
the knowledge that my own mentors imparted on me. I’ve received so much guidance and help from so many businessmen and women who were in no way obligated to help me that I feel that I should do the same for others. In fact, I feel compelled to do the same for you.
Who You Are
Believe it or not, I can probably hedge a pretty good bet on the kind of person you are. It’s nothing to be embarrassed about or anything to take offense over, it’s simply a matter of fact that there is generally a special kind
of person who becomes interested in the kind of profits that day trading offers.
Just like me, you’re likely someone who has spent most of your life working a normal job, but you’re probably not experiencing the kind of financial freedom you were hoping to experience, you work forty (or more) hours a week yet the bills just keep piling up, and things seem to be getting more expensive every year while your salary just never seems to change. If that’s you right now, you are where most other billionaires were when they decided to turn their lives around and make a change too.
Change needs a catalyst, however, just like a fire needs a spark. If you’ve picked up this specific book, there’s probably something pushing you to change. Maybe your financial position has changed, your significant other has lost their job, you’ve found out that you’re pregnant (or that your significant other is expecting), you’ve gotten engaged, you’ve bought a house, or you’ve decided to leave your current employment—whatever it may be, you can draw some comfort from the knowledge that these factors were major parts in many self-made millionaires’ journeys to success. If we were all perfectly content with our circumstances or if we all felt entirely secure in our lifestyles, we would never feel motivated to change.
Regardless of what inspired you to choose this particular book, I’d like you to know that this is the start of our very own shared journey. A journey during which I will take your hand, just like my mentors took mine, and guide you through the basics and intricacies of day trading. I’m here to help you to make that change you’ve been dreaming about.
Why You Can Become a Billionaire (or Settle for Being a Millionaire)
Alot of people don’t even want to try to become wealthy because they’ve been indoctrinated into thinking that they’ll never escape the middle class no matter what they do, and it’s an absolute pity because nobody’s fate is written in the stars. If you want to be a millionaire, you can be a millionaire—heck, you could even be a billionaire. It’s not that hard, but it does require a good bit of grit and determination, but you have that—don’t you? I’m sure you do because if you didn’t you wouldn’t have gone through the effort of picking up a book on day trading with the intention of fully committing to it.
Do you know how many millionaires there are living in the United States of America right now? Eleven million. Eleven million is a substantial number. You’re ten times more likely to become a millionaire in America than you are to catch the human immunodeficiency virus (also known as HIV). A lot of people have worried about the dangers of contracting HIV at some point in their lives (most likely during health class in high school), but have you ever worried about how you’ll spend your money when you have too much of it to know what to do with it all? Of course you haven’t because we’re intrinsically wired to worry about the worst-case scenario without even considering the best-case scenario. This is the kind of mindset that I’m going to be challenging in this book. It’s time that you step out of your old tired ruts and realize that you’re just as deserving of the good life
as Mark Zuckerberg, Elon Musk, or Bill Gates is. There’s absolutely no reason why your bank account shouldn’t reflect a six-figure number too.
A lot of modern millionaires and billionaires made their money on the stock market and a good portion of them did it while day trading. Have you heard about a guy named George Soros? Soros was born in Hungary in 1930. By the time he was a teenager, Europe was in the midst of the worst war it had ever seen and he and his parents fled to Britain. He has told some harrowing stories about this time period, that saw his Jewish neighbors torn away from their homes and shipped off to concentration camps, during interviews. Despite having lived through one of the worst time periods in human history, Soros decided that he wanted to make