Im looking for books to download but really cant find any. Im wondering if theres another term for intraday traders.
How to make money in 3 simple steps in stocks market How I make millions in 3 months using Technical Analysis Price Action to make millions Quit your day job and make million in Forex using TA with $500 starting capital Reading Price and context Martingale Gamblers in market
Search terms I used on Amazon, which turned up a few: "day trader" "day trading" "day trade" "short term trading" "intra-day trading" "price action" "scalping" "scalp" The fact a book is about or relevant to day trading often isn't made obvious by its title.
No, these are definitions of wannebee daytraders who are not able to daytrade succesfully. They are rather sucksesful.
the old books are still good. Most daytraders just use the same methods and speed them up. It's almost impossible without knowing what you are looking at to tell the difference between a day chart and a 6 month chart. I would avoid books on day trading since too many were written in 1999 when every bull was making money whether he was day trading or position trading.
I see very little difference between a day trader and a long term position trader, other than time. And when calculating return, time is everything. We can all make 100% on our money, but how long did it take you?