The Day Trading Illusion: A Dreamer's Nightmare - Paperback

by Ken Bednar (Author)

The thrill, action, and challenge of day trading is both exciting and exhilarating. But it is just an illusion. A game dominated by the big banks and investment firms that use algorithms with a main function of transferring money from your trading account to their trading account. The game is stacked against you and the reason over 90% of day traders lose most or all of their money within one year. There are literally thousands of books available on how to make money by trading the stock market. There are thousands of trading systems and indicators available on the internet. Why do you think that is? Shouldn't everyone be successful and wealthy? Not a single seller can guarantee that you will make a penny following their advice. They are part of the illusion and you pay them for it. The author wrote this book to give a true perspective on what to expect when day trading or short term trading the stock market. He does not try to talk you out of trading, merely to know what to expect. The book explains why most of the indicators and trading systems are designed to purposefully keep you confused. The author talks to you like you are sitting across the table, with a little humor and jest.