Review: An brief yet helpful how-to guide.
Rating: 5 out of 5
Date: 04 10, 2014
The more I read Michael's books the more I appreciate his good insight.  I didn't have to pay much (just $0.99) and understand that this book discusses the basics but I found really useful information here! This is an outline on how to be a day trader and includes information on the physical and mental requirements of a would-be day trader and even though they sound simple they are still important!  I also came across some great tips on discipline and the importance of a routine.  After the basics the author then mentions some trading strategies and outlines the types of day trading; the most important ones being: Market Making, Range Trading, Gap Trading, Swing Trading and Position Trading.  I learned the importance of recording trades for improving performance and profit through the easy to understand tips on how to analyze your trading results. I am going to look into trade simulators now and see what else Michael Young has written that I haven't yet read.