Day Trading Books - References to New Born Trader

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Stock markets are offering a wide variety of choices for traders to trade stocks on both long and short.
The margin requirements for stock markets are also various depend on the current value of the stock.
Stock market will be a good choice for day trading, but the problem is the US SEC (Securities and Exchange Commission) requires day traders to deposit at least $25,000 in cash or securities with the brokerage, thus if you want to trade on US stock markets, you need to have at least $25,000 in your day trading account in the forms of cash, stocks, options, and futures contracts.
To get a better understanding on the restrictions or the rules and much other valuable information that will affects your trading activities, you can learn from various sources.
Try day trading books for detailed explanation and education.
The Master Swing Trader, a book by Alan Farley will reveals how you can find and profit from the difficult-to-spot opportunities on the stock market before they disappear.
This book has innovative system that is based on the Pattern Cycles-shifting market stages, which are, describing the machine language within market opportunity, reveal the origin of trade setup, explain the way to capitalize on inefficiency through every bull and bear phase, show you where to uncover consistent profit opportunities, offer natural methods to shift tactics quickly as conditions change and predict the impact of the emotional crowd on the trend, range and price development.
Those patterns will be valuable if you know how to apply on your trading activities.
Learn about concentration, discipline, and skilled execution in this book.
Trading in the Zone, a book by Mark Douglas, the president of Trading Behavior Dynamics and popular trading coach will help you to maximize your state of mind to get successful result on the trade.
You will be informed on how to think in terms of probabilities and to adopt the core beliefs so you can win the trade.
The Market Wizards books from Jack Schwager will also be a good reference for techniques of top traders in the financial markets.
Even though this book was published almost ten years ago, you will still able to take the advantage from it by studying the backgrounds, experiences and techniques of those top trades through interviews to provide you general impression of what they do in conquering the market crash at October 1987.
Even though it is quite outdated in today's market, at least you can learn from their experiences and implement the positive lessons on your trading activities
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