title: The Everything Guide to Day Trading: All the Tools, Training, and Techniques You Need to Succeed in Day Trading
author:  David Borman 
description: David Borman has been involved in the financial markets and trading since 1999. He has professionally worked at Deutsche Bank, Merrill Lynch, TCM Custom House, Morgan Stanley, and Phillip Capital. He has been exposed to the trading and day trading of mutual funds, stocks, ETFs, Leveraged ETFs, Commodities, and Derivatives. He has worked right alongside the Risk Management Desk of a Singapore Based Futures Commission Merchant, where fifty million dollar margin calls were a daily occurrence. Within his own account, he has traded extensively using ETFs, precious metals, and currencies. He holds a BS in finance from Southern Illinois University, and a masters in accounting from DePaul University, and is working on his PhD in financial management from Northcentral University. When not trading, David finds the time shop for treasures at local antique shops. He is the author of <i>Day Trading 101</i>.
zlib_text: The Thinking Trader
  TSR Trading Guides
  Galen Woods
  ©2015 Galen Woods
  
  Contents
  Notices & Disclaimers . . . . . . . . . . . . . . . . . . . . .
  i
  About TSR Trading Guides . . . . . . . . . . . . . . . . . .
  iv
  1. Introduction . . . . . . . . . . . . . . . . . . . . . . . .
  1
  2. Three Lessons For Day Traders From Finance Professors
  2
  2.1
  Emotions Affect The Performance of Day Traders .
  2
  2.2
  Performance of Technical Analysis . . . . . . . . .
  3
  2.3
  Profitability of Day Traders . . . . . . . . . . . . .
  4
  2.4
  The Caveats In These Lessons . . . . . . . . . . . .
  5
  3. The Best Day Trading Strategy For Beginners . . . . .
  6
  3.1
  1. Infrequent Day Trades For Beginners . . . . . . .
  7
  3.2
  2. Day Trade With The Trend . . . . . . . . . . . .
  7
  3.3
  3. Passive Position Management For Day Trading .
  8
  3.4
  Example: Adapting the 9/30 Day Trading Strategy
  For Beginners . . . . . . . . . . . . . . . . . . . . .
  9
  4. What Can Traders Learn From A Swiss Philosopher
  .
  10
  4.1
  First Lesson For Traders . . . .