When you opened this book you took the one step that will help you learn how to be successful at the most desirable, but hardest profession in the world. That profession is real time trading. This book is not going to give you an instant secret to day trading. It is going to give you the basics so that you might start the path to understanding how the markets work both short term and long term. You need to know and fully understand the markets and develop successful trading strategies to become successful at this endeavor. Knowledge of the markets must be combined with discipline to effectively control your emotions to stick to what you have learned and consistently make money in the markets. Most people have lost money in the markets due to several simple mistakes. You can prevail over that market and overcome these mistakes. This book will also teach you how to understand, distinguish and steer clear of these common mistakes.
If you are just getting started or if you are an experienced trader, you will find this book a very practical guide. You'll learn the basics from hardware and software to getting the right brokerage firm. You will learn how to use the right kind of orders for your trades.
It is our sincere wish that you learn how to successfully trade the markets in the real-time trading atmosphere. By the end of the book, we hope that we have made it easier, less risky and a more lucrative endeavor.
To keep on learning about trading we would like you to visit our website at www.tradersworld.com. This is the official website of Traders World magazine which has been published since 1981. There you will find many articles and information about methods of trading from hundreds of writers.