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    Beginners Swing Trading Guide for Short Term Income
    Beginners Swing Trading Guide for Short Term Income
    Beginners Swing Trading Guide for Short Term Income
    Ebook126 pages2 hours

    Beginners Swing Trading Guide for Short Term Income

    By Josef Moni

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    About this ebook

    Read this  Josef Moni book on your PC, Mac, smart phone, tablet or digital device or in paperback.

    Becoming a self-directed investor and trader is a daunting task for those who start off with the wrong information and can take many years. If you are an advance trader looking for something new, I would not suggest this book as it will be very elementary for you. If you are indeed a brand new beginner who is looking to get into financial market trading and don’t know where to start or have any information, the information in this book can greatly help you to reduce the long learning there is to becoming consistently profitable on a daily basis if you are a day trader.

    If you are new to the concept of trading, you will find this book easy to understand. All of the information you actually really need is all here in one place in this book in less than 100 pages! It is up to you to follow up and get the learning done and the practice in. That’s on you! Industry jargon has been kept to a minimum. There is a glossary of abbreviations at the end to help the new beginners pick up market speak and some extra links and a bonus section to further your knowledge.

    Whether you are a beginner or expert trader; you can never get enough information on mindset and successful strategies of trading. That is one mistake brand new traders make is that they try to learn everything thinking there is some magical system that is going to make them money without doing anything for it. This book tells you about the easiest system there is to learn for a beginner and it is how the market actually really works. Isn’t that what you want to know to make money as a self-directed investor and trader?

    Knowledge becomes power when you use it properly. The knowledge you will gain from this short book can give you a lifelong skill to make money from anywhere in the world you want to be 24 hours a day virtually 7 days a week. As long as there is WI-FI there you can be making money.

    Wishing you a profitable Journey

    Josef Moni

    LanguageEnglish
    PublisherJosef Moni
    Release dateJun 1, 2015
    ISBN9781513029924
    Beginners Swing Trading Guide for Short Term Income

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      Book preview

      Beginners Swing Trading Guide for Short Term Income - Josef Moni

      Beginners Swing Trading Guide for Short Term Income

      Low Risk High Reward High Probability Trading for Beginners

      By Josef Moni

      Copyright 2015

      If you enjoyed learning the information in this book... you may also be interested in...

      These other titles by Josef Moni

      Day Trading Head Games

      Beginners Swing Trading Guide for Short Term Income

      Easiest Fastest & Best Tips for High Profit Day Trading

      If you have been helped by purchasing this book please take a minute by letting me know how it helped you by leaving a review on the bookseller where you purchased your book.

      I am always interested to know how my readers are doing and what successes they are having in the markets.

      Wishing you a profitable day!

      Josef Moni

      Who I wrote this book for

      This book is written for all of the up and coming aspiring swing traders and investors who are trying to figure out if this business is for them or not. By the time you are reading the first few pages of this book you will know what is in store for you in the business of making money with money and if you want to do it or not.

      Investing and trading is the best business in the world as far as I am concerned. It is the only business I know of where you can be at the beach on a beautiful sunny day or scuba diving or flying to Europe for the weekend to meet up with friends and still be making money the whole time you’re doing it.

      You don’t need a job you need an income and trading is the only business I know of where you can be anywhere in the world you choose to be day or night and having the chance to make money. Isn’t that the type of business you would like to be in? For me it was a no brainer decision. Now I can do my business anywhere in the world I wish to be and know that my business is taking care of itself because I have my positions being monitored in the live market by my rule based plan.

      No other business in the world other than trading allows you to work at your own pace and make an unlimited amount of money. A brand new swing trader with no experience can read this book and depending on how fast they can grasp the concepts and learn them can be making an income for themselves in as little as 30 days to 6 months.

      Learning the trading business is not as hard as one would imagine as long as you are learning it the right way the first time from the first day. This book and the information it provides to brand new investors and traders is like having the keys to your mansion, Ferrari and super yacht handed to you all at the same time. You can certainly have all of those things and more if you just take your time and go slow and logically think through what this book is telling you to do.

      There is a certain progression of steps that every new swing trader (or any trader) must follow to become a consistently profitable professional trader. There are absolutely no short cuts. Should any brand new trader decide to try to side step any part of the proper education and training and try to go into the live markets before you have become consistent on a demo account for however long it takes, you stand the chance of your money train going wildly off the tracks and possibly losing all of your beginning capital.

      With some good planning and the right education and training from the very start a new investor and trader can get up to speed fairly quickly and then it is a matter of polishing ones skills and plan. Once they are confident in their skills and their plan is solid they should have no problems going into the live market and becoming a successful market participant and making as much short term income as they need.

      The most important thing about market education is learning it the right way from the beginning and not making the mistakes that other people are making. Don’t become one of the sheeple of the herd. If you learn what not to do right from the very start, you will already have an edge over the others who did not take the time to educate themselves properly—this is whom you can actually make money from in the markets once you can see their fear and greed.

      I wrote this book for all the new and upcoming aspiring swing traders and investors who are coming into the business and have zero or very limited knowledge so they won’t have to waste valuable learning time and money to figure out only the most important things to know on their own.

      I know you have probably read this before however I feel I owe you the best information so I will say it again right here. Investing and trading is not a get rich quick business.

      While the market is like a big ATM that is open 24 hours a day if you don’t have the right PIN# your money will get sucked into it. Learning to trade on demo is not some video game. If you are going to make the decision to learn this business than you had be learn it the right way the first time from the first day.

      Make no mistake this is a dead serious business and you should treat that way. You as a retail investor or trader have a limited chance of having a positive outcome in the live market against the best market participants in the world not to mention having to try to make money from the machines. It is said that 70% of the market making is done by super computers now. You can’t beat them however you can train yourself to see what they are doing on a price chart and then make money with them.

      The only way you as a retail investor and trader can make a comfortable income from the market is to educate and train yourself to do so the right way. You honestly don’t any fancy courses, indicators or a big fancy computer to be successful in this business. I use my 17" HD laptop to work from in the market and that is it. You need to get the right information from the first day in order to the right start.

      Learning the right information needed to get started is one of the most critical steps to be a successful market participant over the long term. No one wants to study a lot of information only to find out sometime later that all they needed to know was right there on the chart to begin with.

      By the time they realize they have wasted a lot of time and perhaps money on courses and training or books it is very far into their career and business. This only adds to what can be a stressful business as it is anyway. Another thing that happens is that a lot of bad habits can be developed along the way that when brought into a live market situation can be problematic and cause an investor or trader to begin to lose money right away. No one wants that. Let’s get you started the right way then right here right now.

      <<<>>><<<>>>

      Table of Contents

      Who I wrote this book for

      Why do you want to swing trade?

      What is your goal from your trading business?

      Characteristics of successful swing traders

      Is a money manager first and foremost

      Knows what makes them tick

      Learned investing the right way from the start

      Works from a rule based plan at all times

      Only uses supply and demand to trade

      Knows how to profit with the smart money

      Does not run with the sheeple of the herd

      Is proactive not reactive – uses probability boosters to trade with

      Is committed to being consistently profitable

      Always keeps a journal of their trading activity

      Has developed a Wall Street bank mindset

      Trades less to make more

      What you need to know first

      What method is best? The 3M method and S&D+3

      You will need to be an expert at money management

      Swing trading should match your personality and psychology

      You will need a rule based plan

      Know who you’re trading against

      Develop a Wall Street bank money making mentality

      My final advice to new swing traders

      Bonus section

      How to find a mentor

      Tips for the brand new beginner

      Keep a journal of your market activity

      Develop a set pre trading routine

      Extra links

      Frequently asked questions

      Glossary of abbreviations

      Disclaimer

      Why do you want to swing trade?

      One of the first questions I ask brand new traders is why they want to trade. The answer I get most of the time is I want to make money. Hell we all want to make money in the market and that should be every investor and traders goal. For me it is to add some money to my account balance monthly as I am a position investor and trader. I look at things on a longer term time horizon.

      When I first started out in the business I had not answered any of the serious "why" questions and only knew I wanted to make money from trading. I had unrealistic expectations from the start which is only one problem most new traders coming into the business have.

      Most new people who come into this business have unrealistic expectations on what they will be able to pull out of the market money wise on a realistic basis. We have all been there though. Most professionals who are at the level of consistency of making money on a regular basis if they are

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