Day Trading 101: From Understanding Risk Management and Creating Trade Plans to Recognizing Market Patterns and Using Automated Software, an Essential Primer in Modern Day Trading

Adams 101

by David Borman

A comprehensive guide to day trading, with prescriptive information and actionable advice to help you achieve financial success.It may seem that day trading is only for savvy investors who know the ins and outs of the marketplace—but it doesn’t have to be. All it takes is the right information and staying on top of the market. Day Trading 101 simplifies all the terms, strategies, and processes involved in day trading, helping even the most novice investor find financial success. With information on recognizing trading patters, mastering trading options, keeping tabs on the market, establishing strategies to make the most profit, and understanding trading lingo, this guide can get you on track to becoming a smart investor. Full of expert advice on the best paths to trading success, Day Trading 101 leaves no stone unturned, and no trading option undiscovered.

Genres: Finance, Nonfiction, Business, Economics, Money, How To

282 pages, Kindle Edition

First published January 1, 2018

Reviews

[Fred Neufeld · Rating 2 out of 5]

Should have been titled intro to the basics but written in a manner that assumes you have been trading for years.

[Marsha Altman · Rating 4 out of 5]

I learned several important things from this book:
(1) I do not understand enough about financial markets to day trade
(2) I will not be able to learn enough about financial markets without reading a LOT of books. Or taking a class. Or getting a degree.
(3) Day trading is basically gambling.

[Steven · Rating 3 out of 5]

Good basic intro, a bit more details would be much appreciated. If you have zero experience in trading like I am then this introduces all the key ideas.

[Bob · Rating 2 out of 5]

Meh … sort of an interesting starting point, but it seems to turn into a stream of consciousness guide to how Borman trades. There's little guidance to process and method, or to simulation tools for learning, or even appropriate starting resources. I am not a day trader, but was interested in what it means to do so. The only reason this book got two stars is that it succeeded in answering the starting point question of the difference between investing and trading, and I believe it does that pretty well. But then he sends you toward Forex trading and options trading, which is literally like sending a two year old into a minefield, and he does next to nothing to explain how it works, the mechanisms of making money, or even the process of uncovering the answers to those questions.

[Artur Kim · Rating 3 out of 5]

This book is good at explaining a lot of terms you need to know in the beginning and informs you of some differences between day trading and swing/long trades, and gives you a brief description of FX and Futures as well. However, besides some very basic material, this book doesn’t go far enough in many ways. Granted it is a 101 intro book, but I did find myself getting frustrated at some parts and hoping I would get to more fruitful content soon. Its a good surface level overview book but lacks many in depth insights that you can tangibly use. Tbh I’d rather have read a different more in depth book for strategies/more applicable insights or just a shorter book for the general overview of day trading instead of this one. However, I still learned a few things nevertheless.

[Connor Joyce · Rating 3 out of 5]

Does introduce quite a few concepts and strategies. I thought the author made it sound too easy though, saying it'll be easy to make a few hundred dollars a month. Making it sound like if you study hard, you can make winning trades most of the time, but didn't really mention that you're often trading against hedge fund supercomputers and programs, and that often circumstances are out of your control (you couldn't have studied harder to win).

[Donald · Rating 2 out of 5]

Eh... barely scratched the surface. I kept reading in hopes there would be something fruitful near the end and I wanted to get whatever that was in context. If you've never traded anything, there are still better books out there.

[Jennifer · Rating 2 out of 5]

This book is okay if you don't have access to if you don't have google and for good ideas on what to research in more depth. This is at best an idea book. I was looking for

[Sarasati Prabaswari · Rating 3 out of 5]

A good start book to start you day trading act.

[Aleksey Zhdanov · Rating 2 out of 5]

Very basic on-the-surface information about day trading. Doesn't go in-depth about any particular subject but has some interesting topics that could be researched further.

[Shay · Rating 4 out of 5]

Very informative. If you don't have any knowledge beforehand, I would recommend reading Stocks 101 first or a "for dummies or idiots" book first. But this is a very good book in my opinion.

[Luis Segura · Rating 4 out of 5]

Good introduction, but missing more content in relevant topics like how to look for stocks

[Caleb · Rating 1 out of 5]

Disappointing. This book was more of an overview of the profession rather than the how-to guide I was hoping for.

[Jared · Rating 5 out of 5]

Easy read, packed full of information. It seems that there's always something to be learned by revisiting base principles.

[Alexandra B · Rating 4 out of 5]

(4.5) Such a great book for those who wanna get into trading or even just learn the basic how-to of getting into the markets.

[Anika Franamos · Rating 3 out of 5]

Boring

[Maha Al Zahrani · Rating 3 out of 5]

"A Basic Introduction with Limited Practical Guidance"

"Day Trading 101" serves as a foundational introduction to the world of day trading. The book provides a general overview of what day trading entails, making it accessible to beginners who are curious about entering the field. It covers the fundamental concepts and offers a glimpse into the strategies and techniques used by day traders.

However, for those looking for a comprehensive, practical guide, this book might fall short. The content is quite basic and doesn't delve deeply into the practical aspects of day trading. Readers hoping for detailed, actionable steps and in-depth strategies may find themselves wanting more.

[Andreas Febrian h · Rating 3 out of 5]

I mean this is generally a good book, but i don't think this is 101 enough for starters that don't really know what to do because the book is compressed to fit all the materials needed to daytrade as it leaves no explanation of terminologies used in finance world.

Good job though overall.

[Larkkonen · Rating 1 out of 5]

Looking at the cover I dont know what I expected.

[Suryaa]

This book is amazing.....learnt a lot abt day trading

[Burnsteinz · Rating 3 out of 5]

A lot of top level knowledge and ideas. I recommend taking notes on things that interest you and explore each topic more in depth either through another book or online resources.