{"product_id":"day-trading-stocks-the-wall-street-way-isbn-9781119108429","title":"Day Trading Stocks the Wall Street Way","description":"\u003cb\u003eAvoid bogus trading systems, learn from a real day trader, and make consistent profits day trading stocks\u003c\/b\u003e \u003cp\u003e\u003ci\u003eDay Trading Stocks the Wall Street Way: A Proprietary Disclosure on Intra-Day Trading and Swing Trading Equities \u003c\/i\u003eprovides a real-world guide to successful day trading, and gives you the tools, techniques, and tested, reliable methods you need to trade like the pros. Written by a seventeen-year day trading veteran, this guide talks you down from the industry hype to give you a realistic grounding in self-discipline, consistency, and patience while teaching you the hard skills you need to have a real chance of success. \u003c\/p\u003e\u003cp\u003eAvoid losses by swerving from the typical beginner's path of seminars, software, and major brokerage houses, and instead develop the insights that lead to real, long-term profits. With an engaging and humorous tone, the author relates his own experiences and lessons learned to teach you the do's, the don'ts, and the ingredients for success. You'll discover Josh DiPietro's FUSION TRADING SYSTEM—a proven method developed from years of reliability testing. He'll show you how intra-day setups and swing trading setups can be merged to develop a perfect trade. \u003c\/p\u003e\u003cp\u003eThe surest path to failure and tremendous financial loss begins with the over-eager, overly optimistic amateur trader who sees day trading as a quick and easy path to wealth. This book gives you a much more realistic outlook, and the fundamentals you need to make the most of the market. \u003c\/p\u003e\u003cul\u003e \u003cli\u003eGet an honest perspective on real-world day trading\u003c\/li\u003e \u003cli\u003eGain the wisdom of experience and avoid common pitfalls\u003c\/li\u003e \u003cli\u003eLearn the framework to Josh Dipietro's profitable FUSION TRADING SYSTEM\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eA poorly defined trading approach will cost you more money than you will make, rendering your day trading venture a potentially damaging net loss. \u003ci\u003eDay Trading Stocks the Wall Street Way: A Proprietary Disclosure on Intra-Day Trading and Swing Trading Equities\u003c\/i\u003e teaches you the avoidance of loss, the discipline, and the transparent strategies of success, so you can play the market to win. \u003c\/p\u003e\u003cp\u003eAuthor’s Note xi\u003c\/p\u003e \u003cp\u003eThree Essential Prerequisites xiii\u003c\/p\u003e \u003cp\u003eIntroduction xv\u003c\/p\u003e \u003cp\u003eDiscovering Day Trader Josh xxv\u003c\/p\u003e \u003cp\u003eAcknowledgments xxxvii\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart I Mastering Your Mindset Before You Absorb the System by Day Trader Josh 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eLesson 1 Control of Emotions and Mastery of Focus 3\u003c\/p\u003e \u003cp\u003eLesson 2 How Overconfidence Can Destroy Your Trade 6\u003c\/p\u003e \u003cp\u003eLesson 3 Dealing with Your Impatience 8\u003c\/p\u003e \u003cp\u003eLesson 4 Knowing When to Stop Trading 10\u003c\/p\u003e \u003cp\u003eLesson 5 Risk Management: Buying Power versus Capital 12\u003c\/p\u003e \u003cp\u003eLesson 6 Avoiding Overexposure to Market Risk 15\u003c\/p\u003e \u003cp\u003eLesson 7 Budgeting Your Way to Profitability 18\u003c\/p\u003e \u003cp\u003eLesson 8 A Realistic Look at Stop-Loss 20\u003c\/p\u003e \u003cp\u003eLesson 9 Day Trading Is Not Gambling 23\u003c\/p\u003e \u003cp\u003eLesson 10 Consistency Rules! 26\u003c\/p\u003e \u003cp\u003eLesson 11 News versus Noise 28\u003c\/p\u003e \u003cp\u003eLesson 12 When It Comes to Averaging Down, Amateurs Beware! 31\u003c\/p\u003e \u003cp\u003eLesson 13 What Stocks to Trade and Why 33\u003c\/p\u003e \u003cp\u003eLesson 14 Picking the Right Online Broker 38\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart II Day Trader Josh’s Intra-day Trading Methodology 43\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 1 Basic Procedure 45\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Best Stocks to Trade with My System 45\u003c\/p\u003e \u003cp\u003eAdditional Reasons Why You Should Take Only 15 Cents on Each Trade 49\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2 Prior Price Levels and Newly Forming Intra-Day Levels 53\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Basics of One-Minute Candlestick Chart Reading 55\u003c\/p\u003e \u003cp\u003eGet Your Daily Price Levels Logged and Organized 67\u003c\/p\u003e \u003cp\u003eWhat to Do After You Have Your List of Daily High Price Levels and Daily Low Price Levels 68\u003c\/p\u003e \u003cp\u003eLog Your Prior Price Levels on a Whiteboard Before the Opening Bell 70\u003c\/p\u003e \u003cp\u003eNow You Start the Five-Candlestick Counting Process 74\u003c\/p\u003e \u003cp\u003eHow to Count Five Minimum Candlesticks (Chart Analysis) 75\u003c\/p\u003e \u003cp\u003eNotes, Reminders, Cautions, and Hints of the Lessons to Come 76\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3 Intra-Day Golden Rules: Entry\/Exit Setups 78\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Rules Explained 79\u003c\/p\u003e \u003cp\u003eMastering the Three-Tier Max Strategy with 100-Share Block Trades 84\u003c\/p\u003e \u003cp\u003eUnderstanding the Wisdom of 15-Cent Static Profits 86\u003c\/p\u003e \u003cp\u003eObserving the Framework of Entry and Exit Strategy with Step-by-Step Procedures and Guidelines 88\u003c\/p\u003e \u003cp\u003eEntry Strategy 90\u003c\/p\u003e \u003cp\u003eExit Strategy 91\u003c\/p\u003e \u003cp\u003eThe Wisdom of Using Strategy Stop-Loss 92\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4 The Mechanics of FASTKEY Order Execution 96\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eUsing Your Keyboard Keys for Rapid Order Execution 96\u003c\/p\u003e \u003cp\u003ePlacing Orders Directly from a Level 2 Quote Chart (Direct Access) 97\u003c\/p\u003e \u003cp\u003eExecuting Real-Time Trades (Manual Limit Orders\u003ci\u003e) \u003c\/i\u003e100\u003c\/p\u003e \u003cp\u003eScrutinizing Both Real-Time and End-of-Day Trades with Back-Testing 102\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart III Day Trader Josh’s Swing Trading Methodology 107\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5 Introduction to Swing Trading: Basic Rules and Procedures 109\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroducing the Ten-Day Hold Rule 111\u003c\/p\u003e \u003cp\u003eHow to Determine the First-Tier Swing Level 112\u003c\/p\u003e \u003cp\u003eUnderstanding Entry and Exit Setup Rules 115\u003c\/p\u003e \u003cp\u003eTwo Key Swing Rules to Follow 118\u003c\/p\u003e \u003cp\u003eBuying Power and Trading Experience Dictate Your Swing Strategy 121\u003c\/p\u003e \u003cp\u003eHere’s the Good News! 122\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 6 Sample Swing Charting Setups 124\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe 5 Percent Bubble 126\u003c\/p\u003e \u003cp\u003eSwing Trade Setups 129\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart IV the Fusion of Intra-day and Swing Strategies 137\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 7 Introduction to Fusion Trading 139\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWhy Are They Not Mutually Exclusive? 140\u003c\/p\u003e \u003cp\u003eApplying the Golden Rules 144\u003c\/p\u003e \u003cp\u003eDeciding Your Trading Options: Intra-Day Only, Swing Only, or Fusion? 148\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 8 Sample Fusion Trade Setups 150\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSample Fusion Trade # 1 152\u003c\/p\u003e \u003cp\u003eSample Fusion Trade # 2 156\u003c\/p\u003e \u003cp\u003eSample Fusion Trade #3: An Advanced Fusion Trade 160\u003c\/p\u003e \u003cp\u003eFinal Words on Fusion Trading 169\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart V Advanced Rules and Procedures 171\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 9 Maximizing Net Profits and Minimizing Losses on Overall Trade Setups 173\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWhat Is Pivot Trading? 175\u003c\/p\u003e \u003cp\u003eSideline Trading 178\u003c\/p\u003e \u003cp\u003eEarnings Release Trading 181\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart VI Trading and Training with Day Trader Josh 187\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 10 My Trading Room and How It Works 189\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 11The Day Trader Josh Training Program 195\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eProgram Details 196\u003c\/p\u003e \u003cp\u003eLearning Objectives 197\u003c\/p\u003e \u003cp\u003eWhat the Price Includes 199\u003c\/p\u003e \u003cp\u003eRecap 199\u003c\/p\u003e \u003cp\u003eAbout the Companion Website 200\u003c\/p\u003e \u003cp\u003eMy Final Words to Readers: Warnings, Reminders, and Prospects for the Future 201\u003c\/p\u003e \u003cp\u003eIndex 207\u003c\/p\u003e   \u003cp\u003e\u003cb\u003eJOSH DIPIETRO\u003c\/b\u003e is a professional day trader who started out in 1998, over seventeen years ago making the rounds at private equity trading floors in the Financial District of Manhattan. He is the author of \u003ci\u003eThe Truth About Day Trading Stocks\u003c\/i\u003e, as well as numerous articles, all of which support his passion for educating tomorrow's trader. Josh operates his online trading room and coaching program, where he can be reached at \u003cb\u003ewww.EmailDayTraderJosh.com\u003c\/b\u003e and \u003cb\u003ewww.DayTraderJosh.com\u003c\/b\u003e or at \u003cb\u003e1399 9th Avenue #1211 San Diego, CA 92101.\u003c\/b\u003e     \u003c\/p\u003e\u003cp\u003eJosh DiPietro started day trading like many people. He attended a free seminar, opened a traditional online trading account through a prominent pay-per-trade broker, and started trading. He bought all the books and attended expensive seminars. At the end of his first year, his extensive losses forced him to sell his house. Now, after 16 years of not giving up and acquiring pro-trader status, he has his profitable Fusion Trading system. \u003ci\u003eDay Trading Stocks the Wall Street Way\u003c\/i\u003e is his answer for aspiring traders looking for a reliable way to learn to trade like the pros—for consistent profits and attainable riches.  \u003c\/p\u003e\u003cp\u003eOnly after Josh shared the trading floor with professional traders near Wall Street did he see the value of routine, patience, and unfaltering dedication to the principles that became his Golden Rules. This enlightening guide is your key to entering the world of day trading with the support of a serious mentor committed to seeing his students succeed. Through specialized coverage developed over many years of educating aspiring traders, he enables you to take your place at the side of a long-time pro trader and look at screenshots of his own trading room while he explains what he's doing and how he's doing it. You can start right away using virtual assets to develop the skills to:  \u003c\/p\u003e\u003cul\u003e \u003cli\u003eMaster the strategies and methodologies of intra-day and swing trading\u003c\/li\u003e \u003cli\u003eExecute Josh's proprietary Fusion Trading system, with a firm grasp of how the intra-day rules and strategies combine with his swing trading system\u003c\/li\u003e \u003cli\u003eMaximize profits and mitigate losses with advanced tactics like using stop\/loss at market close, sidelining, and altering your overall strategy during earnings releases\u003c\/li\u003e \u003c\/ul\u003e  \u003cp\u003eThe perfect primer to jumpstart you on Josh's exclusive online training course, \u003ci\u003eDay Trading Stocks the Wall Street Way\u003c\/i\u003e fully initiates you into the world of professional day trading and prepares you to take your share of the profits.     \u003c\/p\u003e\u003cp\u003e\"\u003ci\u003eDay Trading Stocks the Wall Street Way\u003c\/i\u003e is all about Countertrend Trading. Josh DiPietro explains that concept in great detail—not just for intraday trading, but also for swing trading and a combination of both, called fusion trading. However, countertrend trading certainly is not for the faint of heart. One of the main traits you'll need is to not get scared when in the red while waiting for profit target to hit.\" \u003cbr\u003e\u003cb\u003e—Marko Gränitz,\u003c\/b\u003e TRADERS' Magazine  \u003c\/p\u003e\u003cp\u003e\u003cb\u003eDay Trader Josh DiPietro's exclusive fusion system for drawing consistent profits from the market\u003c\/b\u003e  \u003c\/p\u003e\u003cp\u003e\u003ci\u003eDay Trading Stocks the Wall Street Way\u003c\/i\u003e gives you the tools, techniques, and time-tested methods to day trade like a pro—with pro results. Specifically written to help aspiring traders avoid the pitfalls of seminars, software, and major brokerage houses, this practical guide provides an actionable plan for developing the hard skills and disciplined practices you need to achieve real success day trading stocks.  \u003c\/p\u003e\u003cp\u003eWhether providing one-on-one instruction or presenting at major conferences, Josh's engaging and humorous style reveals the secrets to his fusion system of trading, which is easily accessible but sophisticated enough to gain a profitable edge in the market. Step by step, see how to execute daily trades, take small profits, exit losing trades quickly, and minimize transaction costs while you:  \u003c\/p\u003e\u003cul\u003e \u003cli\u003eEstablish realistic expectations for making a living day trading in the real world\u003c\/li\u003e \u003cli\u003eGain the wisdom to profit from opportunities and avoid amateur mistakes\u003c\/li\u003e \u003cli\u003eMaster the framework to Josh's sought-after fusion trading approach\u003c\/li\u003e \u003c\/ul\u003e  \u003cp\u003eIf you're serious about trading to make a living, start \u003ci\u003eDay Trading Stocks the Wall Street Way\u003c\/i\u003e.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47989027635429,"sku":"NP9781119108429","price":75.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781119108429.jpg?v=1761782498","url":"https:\/\/k12savings.com\/es\/products\/day-trading-stocks-the-wall-street-way-isbn-9781119108429","provider":"K12savings","version":"1.0","type":"link"}