How to Day Trade: The Plain Truth

by Ross Cameron

How to Day The Plain Truth is a book of straight talk about what it really takes to become a day trader, and how to learn what you need to know.

Do you think you know what day trading is really about? If so, where did you get your information? Social media is full of people claiming that they made a killing on a stock. Just as many people will warn you to stay away from day trading because they lost everything on some "sure thing" that went bad in a hurry.

So what should you believe? How to Day The Plain Truth is the first book to talk candidly and in detail about how to become a day trader. It's written by me, Ross Cameron, the guy who turned $583 into more than $10 million. Though my results are not typical, they are fully verified and audited. I also have over one million subscribers who tune into my YouTube channel to watch me trade. They see both my winning trades and my losing ones. Yes, even I have days where I lose money. That's just the reality, and that's what I want to share with you.

This book is unique among day trading books in three

First, it's written by someone with documented success from more than 20,000 trades. Sure there are lots of people on social media calling themselves "day traders" who will try to impress you with one amazing trade. Insider You should only be impressed if they offer you an independently audited record of ALL their the winning ones AND the losing ones.

Second, of all the books for day traders, this one is I clear away a lot of "head trash" that comes from social media, friends, and family who may have opinions but no real facts or deep experience with day trading. It addresses questions and opinions that most people have about day trading,

"If it is possible to day trade profitably, why haven't the giant trading firms taken it over and monopolized it by this point?""If it's possible for regular people to make consistent money by day trading, then why isn't everyone doing it?""Day trading is gambling. Nothing more, nothing less.""What role does luck have in day trading?""I have a hard time believing that you will tell me exactly the methods you use to trade. If you did that, wouldn't you lose your competitive edge?""I'm a gamer who's incredibly fast with the keyboard. Why can't I skip all the concepts and learning, and simply follow you as you trade?"
You will get specific, honest answers to all of these questions and more.

The third thing that makes this book unique is I have identified 20 specific "guardrails" over my many years of trading. These are rules I follow, plus some I wish I knew when I was starting out. They are incredibly useful to keep in mind during the heat of trading-and it does get hot.

If you're looking for day trading books for beginners, this is the book to get. Plus if you feel like you're not a beginner but your day trading is going nowhere, this could be the book to have in order to get you back on track.

As important as charts and financial ratios are, those things come later. If you're thinking about day trading for a living, what you need to know first is whether day trading fits your personality, and how to avoid the biggest myths and mistakes that will cost you time and money.

Real day trading is not anything like what you see on social media. After you read this book, you'll know why.

Genres: Finance, Business, Nonfiction

228 pages, Kindle Edition

Published November 16, 2023

Reviews

[Ryan Adams · Rating 4 out of 5]

Its a good book for beginners. But if you pretty much know the stock market but still are not profitable. I recommend you start reading at chapter 7 that's when it starts picking up. I want to say the "Meat" of the book is 82 - 85 and 125 - 129.

I took Ross's Classes and he is very knowledgeable about Day trading and would recommend anyone who has interest to try the course. But Start by reading this book first.

[William J Harris · Rating 3 out of 5]

Disappointed.

The title of this book should be Day Trading Psychology. I was hoping for more technical content specific to use of indicators and patterns to look for.

[Kyle Love · Rating 4 out of 5]

Great book about the mindset and prep work that goes in to day trading. Not necessarily a how-to-day-trade book, but something everyone should read if they are even considering stepping into this as a way of making extra money.

[Derek · Rating 3 out of 5]

Some good information but dispersed with quite a bit of advertising and direction to his trading website which charges hefty fees for courses.

[David Pratt · Rating 5 out of 5]

This is a great book for anyone thinking about becoming a day trader. This book provides a very basic foundation on the mindset and skills required to be successful as well as what steps you should take. It doesn't go over a lot of the technical aspects of trading, but he does give you a list of subjects he recommends you study before you begin day trading.

[Gabriel Yacso · Rating 5 out of 5]

This book should be the starting point for any potential day trader!

[Benjamin Barch · Rating 4 out of 5]

Has a lot of solid information, but at times it felt like it was getting too technical when it didn't need to be. I enjoyed the story and information the best when Ross was talking about how to know if day trading is for you. Overall I really enjoyed the story and appreciate that Ross publishes his audited trading reports for 100% transparency and his enthusiasm to help those understand if they would be a good fit for day trading. This book helped me confirm I'm on the right path, it's for me, and I'm taking all the right steps.

[Ethan · Rating 5 out of 5]

How to Day Trade: The Plain Truth” by Ross Cameron was my very first book about the stock market, and I’m really glad I chose it to start my journey. What drew me in right away was Ross’s personal story—his ups and downs, the challenges he faced, and his determination to keep going even when things got tough. His honesty and transparency made this book more than just an introduction to trading; it felt real and motivating. thinking about everything he went through and still didn’t give up. I’m glad I picked this book for my first Stock market book.

[Luis · Rating 5 out of 5]

I had a friend suggest this book to me based on my personality and his belief that I may find the book useful. I found the book a mix of practical guide, introspective analysis, and self help book. Cameron does a nice job of setting the stage and walking interested day traders through the profession from beginning to professional novice.

The language and descriptions are easy to understand. The technical content is well explained and additional resources are also provided. It is a good read if you have an idea of day trading.

[Netty · Rating 4 out of 5]

A very good book for those who are considering to day trade. I wish that he would add in more technical details to ease beginners on what to expect from the screens be it on simulators or brokerage accounts. A chapter on what to look for in a good simulator, scanner and brokerage firm would be useful for beginners too.

[Tovis · Rating 1 out of 5]

I stopped reading after finding this.

https://www.ftc.gov/enforcement/refun...
https://www.ftc.gov/news-events/news/...

[Vitaliy Kapko · Rating 5 out of 5]

Great introduction to day trading

The author is very knowledgeable and honest about the subject.
The book is well written and gives all needed information for a novice to start trading.

[Kirk Wayne · Rating 5 out of 5]

I enjoyed reading Ross Cameron’s book on day trading. He gives very helpful insight on what it’s truly like to day trade. I recommend reading this book and subscribing to his YouTube channel if you’re interested in the stock market.

[Anika Francois · Rating 5 out of 5]

Love this guy can’t wait to get his program

[Mubarak · Rating 4 out of 5]

Excellent Introduction to Day Trade

It is an excellent introduction to day trading. The book does not delve into specific strategies or the mechanics of buying and selling. Still, it provides a good overview of what is required to start day trading and the associated risks and helps you determine if it's a path you're willing to pursue. The risks involved and if you are eager to take it.

[Brad · Rating 5 out of 5]

This is probably the best "how to" book I've ever read about day trading. At least in terms of getting down into technical details like how to find good setups, how to read candlestick charts, and perform basic technical analysis. As opposed to other excellent books on trading like The Market Wizards and others which are excellent and are certainly must-reads but don't quite fall under the categories of "how to" books, in my opinion.

Other "how to" books can be dry, bland, with some even lacking any unique input or insight by the author. In this book, Ross tells his own story and even interviews a few other traders, which is useful for people to see, especially aspiring or beginner traders. "See? I did it, this other trader did it, too, and we both have entirely different strategies and methods and trade different types of stocks. If we did it, you can do it too!"