Ebook Free High Probability Day Trading Strategies and Systems, by Manny Backus
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High Probability Day Trading Strategies and Systems, by Manny Backus
Ebook Free High Probability Day Trading Strategies and Systems, by Manny Backus
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Welcome to the World of Day Trading!
The purpose of this book is to introduce you to the world of day trading. But we'll go deeper than that. We're going to get at key concepts as well as a philosophy of trading stocks that many traders fail to realize when they start out on their own.
The concepts and ideas presented in this book can end up saving you thousands of dollars if you will simply listen to someone who has gone before you.
You see, I've been trading stocks for a very long time. I've had the good fortune to help thousands of students learn how to profit from the trading of stocks. From their letters and emails, and by talking with them at national trader conferences, I know how
difficult it is for new traders to get started on the right foot. And I want to shorten your learning curve.
There is no need for you to repeat the same mistakes that thousands of other traders have made before you. So part of the goal of this book is to tell you where other traders have made mistakes so you don't have to repeat them. There is no secret society here where only a small handful of traders really know how to do this thing called day trading.
Instead, you'll find the world of stock trading to be filled with generous people who are willing to share their time, ideas, and support with you. So, if you are new to the world of day trading, then this could be your first step toward a whole new universe.
- Sales Rank: #116405 in eBooks
- Published on: 2013-10-13
- Released on: 2013-10-13
- Format: Kindle eBook
From the Author
My company, Wealthpire Inc. (wealthpire.com), has devoted itself to helping traders succeed in the trading of stocks. We have searched and found experienced traders with proven systems and made their experience available to you. Let me briefly tell you about two resources that might be of interest to you.
First Hour Trading (firsthourtrading.com) is a day trading chat room that I lead each morning. We focus on two specific stocks each morning. These two stocks are picked among thousands of possible stocks because they have a high probability of earning a nice return in a short amount of time. Members in this chat room are told the stocks picks before the market opens each day, so they are ready for action. Then, I give a sound in the chat room to signify my entry on the trade. I provide a target exit price. And then I issue another sound when I am exiting the trade. Members simply copy my actions. Given this opportunity, members can often make enough money in the first few minutes of the trading day to take the rest of the day off. You don't have to sit at the computer all day, grinding out trade after trade. Just take and copy my high probability system and entries, and you walk away with the profit. It doesn't get much easier than this.
Morning Hours Trading (morninghourstrading.com) is a chat room that focuses on the morning gaps each day. This room is led by my good friend Bob Joiner. For three hours each morning, Bob focuses on 3 to 5 stocks and gives his entries, targets, and stops for those trades. After getting into the trade, he gives ongoing analysis of each trade so that members can make their own decisions about the exact exit for the trades.
Most helpful customer reviews
29 of 30 people found the following review helpful.
The title is 100% misleading
By Alex B
This book is NOT about "high probability" or "strategies and systems" it is an amalgamation of common indicators and basic commonly available information on day trading.
Bummer.
Look at Keith Fitschen, Perry Kaufman, Joe Kurt, Tom DeMark if you want actionable, well researched and useful information about trading systems, not this "book".
9 of 9 people found the following review helpful.
Title should be rather "Introduction to daytrading"
By Amazon Customer
This book is not about strategies and systems, as you might think after reading its title. It is rather an introduction to daytrading. It tells you that you need s system and strategy. It shows one sample strategy and gives general guidance, how to create your own strategy. Might be good for beginners, but title should be changed. On the other hand, you get what you paid for
1 of 1 people found the following review helpful.
Good book for anyone thinking about day trading
By Victor T. Christopherson
Good book for anyone thinking about day trading. The Author does a very good job teaching you the difference between a day trader and a High Probabilty Day Trader. A very thoughtfully written book.
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