Day Trading for a Living – Day Trade With $1000
Day trading is rising to popularity among active traders as they want to have the freedom to control how they live their lives and their money. The rise in numbers are also due to free commissions and easy access to many online brokers.
Most beginners want to know whether they can start day trading for a living and whether they can start with a small amount of money like $1,000 or less. In this article, we start with day trading for beginners, move onto day trading strategies, and provide a range of day trading resources to help you get started.
DAY TRADING FOR BEGINNERS
10 BEST DAY TRADING BOOKS
Before you can day trade, you need to have extensive knowledge of it and the technicalities that surround it. Fast decision-making is vital when it comes to day trading and, to do that, you should be able to identify the trading indicators that will give you the right stocks. Studying and understanding the market while also looking for the appropriate signals are two critical factors for day trading success, and the best way to start the process is to rely on top resources.
There are many available day trading books that you can consult with regards to risk management, strategies, technical analysis, and the whole process of day trading. Whether you prefer to day trade in the stock market or the forex market, you will surely have many options to choose from.
Stocks Day Trading Books
Beginner’s Guide to Day Trading Online by Toni Turner
How to Day Trade For a Living: A Beginner’s Guide to Trading Tools and Tactics, Money Management, Discipline and Trading Psychology by Andrew Aziz
Start Day Trading Now: A Quick and Easy Introduction to Making Money While Managing Your Risk by Michael Sincere
Mastering the Trade by John F. Carter
Day Trading For Dummies by Ann C. Logue
The Truth About Day Trading Stocks by Josh DiPietro
The Stock Trader: How I Make a Living Trading Stocks by Tony Oz
The Art and Science of Technical Analysis by Adam Grimes
Digital Day Trading by Howard Abell
How to Day Trade Stocks For Profit by Harvey Walsh
Forex Day Trading Books
Day Trading and Swing Trading the Currency Market by Kathy Lien
Currency Trading for Dummies by Brian Dolan
Japanese Candlestick Charting Techniques by Steve Nison
Forex Trading: The Basics Explained in Simplest Terms by Jim Brown
The Disciplined Trader by Mark Douglas
How to Make a Living Trading Foreign Exchange by Courtney Smith
Forex For Beginners by Anna Coulling
The Black Book of Forex Trading by Paul Langer
Forex For Ambitious Beginners: A Guide to Successful Currency Trading by Jelle Peters
How to Start a Trading Business With $500 by Heikin Ashi Trader
10 BEST DAY TRADING BLOGS
Sometimes, books are not enough to understand day trading. Many people also often find books overwhelming to read and they want to consume content that is easy to digest. This is why aspiring day traders turn to blogs because they offer the latest information and update their content regularly.
Stocks Day Trading Blogs
If you are thinking of pursuing day trading in the stock market, below is a list of blogs that you can follow:
Warrior Trading Blog
Day Trade The World
Stock Market Analysis
Livestream Trading
TradingSim
Forex Day Trading Blogs
If you are planning to trade currencies, here are some blogs that might help you succeed in the forex market:
Marc to Market
Day Trading Forex Live
INO.com
Day Trade to Win
Top Down Charts
10 BEST DAY TRADERS ON TWITTER
In day trading, your success relies on being continuously updated on the market conditions for the day. You need to determine which companies or stocks that are going to be favorable. In this day and age, getting the best news in real-time has been made possible with social media, particularly Twitter.
Many traders have dedicated their time to share their insights and market news that help other day traders on Twitter. The social media platform is perfect for real-time updates and makes it easier for day traders to keep up with the latest news throughout the day. But there are already many day traders on Twitter, making it challenging to identify which users are worth following. To help you save time scouring the platform, we have compiled a list of the best day traders on Twitter:
Nathan Michaud (@InvestorsLive)
Marc Lehman (@markflowchatter)
Warrior Trading (@WarriorTrading)
Bryon Fanzen (@bkfViking123)
ZeroHedge (@zerohedge)
Stock Lock Trading Alerts (@stocklockalerts)
Jared Wesley (@ScalpMaster1)
Profit Trade Room (@ProfitTradeRoom)
Mojo Day Trading (@ProTrader_Mike)
Live Traders (@Live_Traders)
