How to Make Money in Intraday Trading: A master class by one of India's most famous traders

by Ashwani Gujral, Rachana A. Vaidya

A master class on making money in day trading by one of India’s most famous traders

In his trademark blunt style, and laced with wry throwaway humour, Ashwani Gujral cuts through the clutter and awe surrounding day trading, sharply zeroing in on the skills, methods and abilities which spell success in this most challenging and rewarding of endeavours.

This book will equip you with the skills and temperament to make you market ready. It reveals Ashwani’s time-tested and practical day trading strategies and systems which are easy to understand and implement:

The 3Ms of trading success — method, money management and mind-set
The technical pillars — moving averages, pivots and exceptional candles
Profitable trade entry, trade management and exit tactics
How to trade the morning range, trends, gaps, and sideways markets
How to add the catalyst of big news events to power your trades
How to avoid — and profit from — market traps
How to harness the explosive power of multiple trading tools working in tandem
Money management — position size and risk management
How to master your mind in order to vanquish the market
The daily discipline of a successful day trader.
Packed with 200 real market examples and charts, this book shows you how to approach the market every single trading day like a winner, equipped with appropriate technical expertise and supreme self-confidence.

Genres: Finance, Money, Business

441 pages, Kindle Edition

Published May 5, 2018

Reviews

[Venu Srinivas · Rating 3 out of 5]

This is very basic book which is good for begginers, this will help you understand basic techniques of daily trading. The reason why I have rated 3 stars is, it only helps you understand what the trading platform is, but you can't make money just by reading books and applying techniques as per author, it just gives a glimpse of trading for beginners. Author says you can make money in daily trades if followed techniques, and by being disciplined throughout the trading hours, it might work in books but in reality daily trades doesn't help to make money, and can't maintain consistency, soon you will lose entire capital despite being disciplined and following techniques. So this is d book helps you understand what d trading platform is in basic, that's it. Just think logically, if anyone wud have been making money with consistency in daily trades, they wud have richest person in INDIA.

[Subhajoy Das · Rating 4 out of 5]

Disclaimer: I have very little experience in Intraday trading as of writing this review. Hence, I will not comment on the effectiveness of the techniques mentioned in this book.

The book, I felt, lies in the sweet spot for those who have preliminary knowledge about market jargons, but have no clue as to how to go about day trading. It will help you grasp the basics of technical analysis, and develop an eye for understanding trends and ranges in charts, all the while, emphasizing on the simplicity of the process. The author writes with a certain amount of flair, inspired by bollywood masala, which, seemingly overly casual, is fun to read without compromising on any technical quality.

In short, if you are new to trading, and want to know how to get started on D-Street, I highly recommend this book.

[Shweta Sharma · Rating 4 out of 5]

The book is good for beginners. Won't take you through lessons in expertise. But does a good job for the novice like me who want to understand the fundamentals of intraday trading. What works for him may eventually work for us too if we follow the approach that he suggests. Most important part is we keep on upgrading ourselves, that's what he focuses on in this book.

[Joseph Solomon · Rating 4 out of 5]

A book for dummies covering some vital and must-read information about intraday trading. I found some chapters to be really easy to comprehend, while certain chapters need to be read twice or thrice to be understood. The book is more like a reference material rather than a one time read.

[Manan Rathod · Rating 4 out of 5]

I really learnt a lot about intraday trading from this book & how to manage the risk and all stuff.
I think I may read it again some time later after gaining some more insights of market. But this book is for everyone who is starting with intraday or thinking about it.

[Ketan Joshi · Rating 3 out of 5]

Very good book for beginners and intermediates on intraday trading. Covers many examples through charts, witty one-liners and dialogues and pictures from famous Bollywood movies.

R.I.P Mr. Ashwani Gujral, who was deeply and passionately involved in trading the markets.

[Elavarasan · Rating 2 out of 5]

Read chapters of 1st half and skimmed 2nd half chapters since they're mostly for beginners and not much interested in news based or sideways trading.

Basics only nothing new.

Even though asked us to read the all the details given in the chart, the chart pics are very poor 😒🤷.

[Prafulla Sharma · Rating 4 out of 5]

BEST BOOK FOR TRADING

[silenThunderr · Rating 3 out of 5]

It's very very basics. Don't take trade based on the book or else you will surly lose money.

[Prakash Kumar · Rating 4 out of 5]

Good

[Manju Mj]

“How to make
money in intraday trading”

[Niraj · Rating 5 out of 5]

Good

[Abhishek Sardar · Rating 5 out of 5]

I found it extremely good as it covers moss of the aspect a trader should follow in the market be it the mindset, the strategy, emotional control and loss control. Must read

[Satya Biswas · Rating 4 out of 5]

Good

[Pariselvakumar · Rating 4 out of 5]

Good read about the nuances of intraday trading!!! A master's guide to effective trading if followed with discipline; But not easy!

[Aryan Khan · Rating 4 out of 5]

Great

[Vipin Kr · Rating 4 out of 5]

Excellent writing.

[Surender Kumar · Rating 5 out of 5]

Its really helpful and i always follow boss!!

It was really a step by step guide with precautions while to become successful trader.
Thanks a lot for this wonderful book.waiting for your book soon.

[Sameer Patil · Rating 5 out of 5]

Another masterpiece from Ashwani.

If you want to get a gist of how to day trade, then study it "Once" not "read", you have to study it.

If you want to understand it and use it then increase your position size in learning it by highest possible level.

Amazing work.

[Ranjith]

Good one for the entry level with few technical indicator knowledge.

But Intraday is always a dangerous game and not for employee who is working and investing. Its good for Trader who dont have any other works.

[Akash Sahu · Rating 5 out of 5]

Supperrrr

This book contains super knowledge in min price
I have read and it changed my mind.
It contains 5000 priced book knowledge.

[Sandip Bhattacharya · Rating 5 out of 5]

Good book

Quite a good book on stock market trading. Read it thoroughly and get nuggets of wisdom. Thanks a lot. Sandip

[Shubham Chopade · Rating 5 out of 5]

Easyily Explained.
I will come back and update this review when i actually make money.

Edit:
It's difficult to make money in this. I'll stick to my conventional job.

[Ashwin]

This book appeared to be simple initially. But, eventually lost following. Planning to read this again.