How to Day Trade: The Plain Truth

by Ross Cameron, Warrior Trading (publisher)

If you want to know the truth about what professional day trading is like—and how to get started with a solid foundation—then this will be the most important book you'll listen to all year.

Ross Cameron is the guy who turned an initial investment of $583 into more than $10 million. No, his results aren't typical—and in fact, day trading didn’t come easily to him. This book describes what it's really like to go from knowing nothing about day trading to becoming highly successful at it.

But much more than a story about Ross Cameron, it's a guidebook about the lessons he's learned along the way. Why make all the mistakes yourself? You'll discover 20 specific "guardrails" that Cameron used to save himself massive grief and money. They might help you on your path to becoming a day trader.

How to Day The Plain Truth contains brutal honesty about day trading, including who's suited for it and who shouldn’t even try.

If you're looking for a sales pitch about how "anyone can succeed at day trading," this is not the book for you. If you're looking for a realistic and useful description of the highly misunderstood profession of day trading, you just found it.

Genres: Finance, Business, Nonfiction

Audible Audio

Published March 28, 2024

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!"