♫musicjinni

MUST READ Trading Books, Trader Psychology & Discipline - Day Trading for Beginners

video thumbnail
Trade with me: https://bit.ly/3IPF1cw
Get my FREE Weekend Watchlist: https://humbledtrader.com/free
MUST READ trading books that will improve your trading psychology, consistency and emotions.
🔽Time stamps
1:11 Trade the Trader - Trader Psychology, Trigger points
5:22 Trading in the Zone - Risk management, trading emotions, systematic trading
9:31 Atomic Habits - Creating good trading discipline & habits to lead to trading consistency

Trade the Trader: https://amzn.to/2ZPyUyB
Trading in the Zone: https://amzn.to/2ZVup5n
Atomic Habits: https://amzn.to/2ZRHoVV
Listen books on Audible. Get a FREE audio book with trial: https://amzn.to/313LA69
🔽Day trading videos mentioned:
Intro to Penny Stock trading psychology: https://youtu.be/heETqGrDRuQ
How to find stocks to trade?: https://youtu.be/Rv60fkK33Hg
How to day trade gappers and gap ups: https://youtu.be/cgf0FjzdsKg


Trade the Trader by Quint Tatro:
This was the book that opened my eyes to the inner workings of the market. Support and resistance lines are not magical lines that someone out there placed randomly on the chart. They are prices where big money purchased and sold.

So rather than memorizing chart patterns and secret strategies, beginner traders should focus on the trading psychology behind each set up and each trade. Day trading is a mental game and those who truly understand psychological trigger points are the ones who will come on top.

Trading in the Zone by Mark Douglas:
This book helped me when managing my emotions and conquering the mental side of day trading. It taught me to accept risk and set a risk level that I am comfortable with losing for every single trade. It's only after you've detached yourself from the fear of losing that set risk then you can truly trade systematically without emotions.

Atomic Habits by James Clear:
"Consistent habits lead to consistent results" is the theme of this book. Trading is a game of repetition and the only variable should be the market, not YOU the trader. Many day trading beginners struggle because their system and routine is random and they scatter their focus all over the place.

This book helped me with creating a trading routine, which I follow strictly almost every single day. From waking up 2 hours before market open, to doing pre-market scanning and research, and to journaling each trade every night. Keeping my trading discipline and habit consistent allow me to trade systematically with no emotions.

📉My Trading Broker Platforms:
TradeZero: https://bit.ly/38OlfSv
-Get 3 months FREE platform + 1 Month 10% off short locates

Centerpoint Securities ($30K min): https://bit.ly/3LKdlID
-Get 50% off Commissions & Short locates for 60 days
-Get 6 months FREE Trade Ideas scanner

Interactive Brokers: https://bit.ly/3bE82u4
Interactive Brokers Canada: https://bit.ly/2FBwdMo

🖥️My Stock Scanners & News feed:
Benzinga Pro FREE 14 day trial (use code "HUMBLEDTRADER" to get 25% Off )
http://bit.ly/2KXeAqH
Trade Ideas Scanner (use code "HUMBLED15" to get 15% Off)
https://bit.ly/3rLAfp2

✅My REAL Social Accounts:
IG: https://www.instagram.com/humbledtrader/
TikTok: https://www.tiktok.com/@HUMBLEDTRADER
Twitter: https://twitter.com/HumbledTrader18
FB: https://www.facebook.com/HumbledTrader

#daytrading #pennystocks #stocks
___
DISCLAIMER: I am not a financial adviser nor a CPA. These videos are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.

AFFILIATE DISCLOSURE: I only recommend products and services I truly believe in and use myself. Some of the links on this webpage are affiliate links, meaning, at no additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. Commissions earned will be used towards growing this channel.

Sub count: 10,000

MUST READ Trading Books, Trader Psychology & Discipline - Day Trading for Beginners

Recover from Big Loss Day Trading $CODX Stock Trading Psychology, Rules & Discipline

No More Day Trading - Taking a Break to Get Back to Neutral

Disclaimer DMCA