The Novice Day Trader

Empowering Traders...

A Novice Day Trader? You can't afford not to read this

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If you're a new day or swing trader, are thinking about becoming a trader or have been doing this for awhile and losing money... this site is for you! I have been trading actively for 4 years and wish I had access to affordable information that would have told me what not to do. In the first three years, I lost a lot of money and it is only now in the fourth year that I've finally learned how to trade profitably.

The reason I developed this site, is that I am tired of seeing people lose money. I am like most of you. I have a day job as a Leadership Consultant and Project Manager (Honorable Leadership) AND I'm a Day Trader. Being a leadership consultant while learning how to day trade was not easy. Being in California, I do my trading from roughly 6am - 9am every day at a Starbucks (plus lots more time at night!). You would be surprised how many others are doing the same thing. Over the years I have seen a lot of traders come and go as they "tried" to become a day trader. BEWARE: 93% of Active Traders lose money and most don't trade after three years.

You won't find a lot of "hype" on this website. I am a skeptic by nature and don't believe things that sound too good to be true. They usually aren't. I will give recommendations based on FIRST HAND knowledge, or thorough research. I have several goals for this website:

  1. Pass on my mistakes to you, so that you can avoid them
  2. Share my knowledge of tools and resources
  3. Give you access to AFFORDABLE information
  4. Educate you on what trades have worked for me
  5. Develop a community of followers who can benefit from each others experiences
  6. Make a small income from this website (I wouldn't be honest if I didn't tell you this)

Why You Should Check Out Novice Day Trader!

  • We will cover the basics of day trading.
    1. Market Behavior
    2. Charting
    3. Technology (Computer requirements)
    4. Indicators (Stochastics, Retractments, Fibonacci Numbers, MACD, Momentum)
    5. Patterns that will make you money
    6. What trades NOT to make
    7. How to identify stocks that are likely to make a significant move in the next few days
    8. How to protect yourself from huge losses. Where to set your stop loss points
    9. Trading techniques that professionals use. The market is not a level playing field
    10. How to calculate position sizing
    11. Level II and Market Depth
  • I will show you how the market behaves and how you can profit from it
  • Avoid mistakes and SAVE MONEY by learning from my mistakes. I will condense three years of trading mistakes into soundbites that will save you thousands of dollars. Remember: The average day trader loses their money in under a year, and most don't make it past three. Be one of the few successful traders to actually make a profit.
  • I will show you how to develop a trading plan
  • Learn what really matters. What do you need to really know to be successful?
  • Remember - Knowledge is Power.

    Steady.....

    JT



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    Last Updated on Monday, 15 March 2010 14:06
     

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