Table of Contents 3
Chapter 1 Introduction 5
Chapter 2 How Day Trading Works 13
Day Trading vs. Swing Trading 13
Buying Long, Selling Short 14
Retail vs. Institutional Traders 17
Chapter 3 Risk and Account Management 27
Three-Step Risk Management 31
Trading Psychology and Risk Management 33
Chapter 4 How to Find Stocks for Trades 37
Alpha Predators 37
Real Time Intraday Scans 45
Planning the Trade Based on Scanners 50
Chapter 5 My Tools and Platforms 52
What Broker to Use? 52
Trading Platform and Market Data 54
Watch List and Scanner 55
Community of Traders 55
Chapter 6 Introduction to Candlesticks 58
Spinning Tops 66
Dojis: Simple, Shooting Star, and Hammer 67
Chapter 7 Most Important Day Trading Strategies 71
Trade Management 73
ABCD Pattern 75
Bull Flag Momentum 79
Top and Bottom Reversal Trading 85
Moving Average Trend Trading 100
VWAP Trading 105
Support or Resistance Trading 109
Other Trading Strategies 116
Develop Your Own Strategy 118
Chapter 8 Step-by-Step to a Successful Trade 121
Building a Watch List 121
Trading Plan (entry, exit, and stop loss) 121
Execution 122
How Did I Do It? 123
Chapter 9 Next Steps for Beginner Traders 131
Andrew's 11 Rules of Day Trading 136