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296 pages

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The Complete Guide To Day Trading

Hi Markus,

I have liked the eBook very much.
I have found more information in the eBook than in some other expensive books and seminars.
Thank you.

Best regards
Giuseppe

Will get to it ASAP!

Hi and thanks for the free offer but i just wanted to let you know that i am still going to buy this and your other books as soon as i get a chance. Keep up the good work!.

The Complete Guide to Day Trading

Markus,

I enjoyed your Futures 301 webinar. I downloaded the ebook and found the material easy to read and understand. I have read many similar books but found yours to be the most direct and understandable. I have a nephew who is just starting out in the field of trading and I will forward this link to him. Money management needs to learned early in the business of trading.

In the Futures 301 class you showed a Money management spreatsheet which had starting equity, margin, Delta, Max DD and $goal per week. If you would share this template I would appreciate it.

The most important information I got out of the webinar was the stop loss calculation. Ive done some paper trading with the /ESM9 and I think this information will be very helpful.

Thanks,

Don Mans

Re: Template

Hi Don,

Thanks a lot for the feedback. Much appreciated.

Please send me an email to support@rockwelltrading.com and I will send you the template that I used in that webinar right away.

Talk to you soon.

Markus

 

I feel like a kid in a candy store

Hi Mark,

I just finished reading Day Trading Mind e-book. It was a lesson to be caution (check the water temperature before you go in).

I just starting to read "Who Should Be Day Trading?" from THE COMPLETE GUIDE TO DAY TRADING. This is like the kid in the candy store. The information I'm looking for is finally here at my reach.

This is a part of my year research (education) before I start-hopefully starting trading by this time next year. If you have any more information that can help me, please let me know.

Thank you very much for helping through this process.

Andy

Thank You!!

.... To whom it may concern
Thank You!
I have been in the Forex markets for 4-5 years, have done online classes, read books etc. Nothing is like being in the real markets with real money, we all need friends right here with us and this book has made me believe that you are my friend! Thank you!

Hi Markus, Thanks for the

Hi Markus,

Thanks for the ebook. I just downloaded it now. I have been trading the forex for about a year now and still losing money. I hope this book will help me stop the trend. I will start reading right a way. Thanks

Eloho

MIstake in eBook?

Markus,

I appreciate your efforts to help those of us who are trying to learn to trade. Sending your E-books is helpful and convenient. Even though I had already purchased your book, it is nice to have it on my computer to use as a reference without having to leave my trading station.

One question I have concerns page 138. In the writing above and below the chart you indicate buy and sell signals differently from what is on the chart. Which is correct? Or am I missing something? I am new to trading so I may have just misunderstood. If you could clear this up for me I would be grateful.

Thank you for your help.

PS: Your book is the best I have read. And I am reading everything I can to learn how to trade.

Re: Mistake in eBook?

Hi Carroll,

Thanks for your feedback!

And yes, you are right! Wow, we had 26 revisions of the eBook and I asked more than 8 people to proofread it, and there's still a mistake.

The signals on the charts are correct, and the text above the chart should read:

  • A buy signal is generated when the fast-moving average crosses
    the slow moving average from BELOW.
  • A sell signal is generated when the fast moving average crosses
    the slow moving average from ABOVE.

Thanks for pointing it out. I'll correct it asap.

Markus

Free e-book

Markus,

Thank you for your generous gift.I downloaded your book Saturday and have been reading it religiously.In fact, my wife and I are making it our "Bible" of Day Trading.Our goal is to finish the book and then open a demo account by June 29th. Once we establish a winning record trading,we plan to open a mini account and begin by trading the Forex market with real dollars.

Again, I want to thank you for your generosity,integrity and for genuinely caring.Your book,webinars and internet articles have provided much guidance.

Sincerely,

John Ulzheimer

Good plan!

Hi John,

Thank you very much for your feedback!

Sounds like you have a great plan. The only thing I would change is "trading forex" for a variety of reasons. In addition to the reasons mentioned in the book you might want to take a look at the following response I wrote a couple of days ago:

http://www.rockwelltrading.com/free-ebook-strategy#comment-2816

Markus

Average Daily Range

Hi Markus,

Thanks for being so generous with the advice in the eBook which makes great reading besides being educational. On page 157 you mentioned the average daily range can be determined using the Average True Range. I would greatly appreciate if you could explain how it is done.

Philip

Re: Calculating the Average Daily Range

Hi Philip,

Thanks for your feedback. You're welcome. Smile

I received a lot of emails asking a similar question, so I decided to make a video in which I explain a simple day trading strategy and how the average daily range in calculated. You can watch the video here:

http://www.rockwelltrading.com/free-ebook-strategy

Hope this answers your question. If not, please let me know.

Markus

eBook

Many thanks.
Very interesting and comprehensive.
Tell me when the Part II is ready...maybe a diary of a trader.

Jack

Re: eBook

LOL. Good idea! Laughing

Thanks for the ebook!

I downloaded your ebook, and I want to say thanks for it!

It's is exactly what I was needing so far. I'm about 20% into the book, and it is the basic trading-101 that I was looking for.

I have a mentor that has been trading for 40 years, and day-trading is how he earns his money. But I needed a course in the basics, so that I could talk the same language as he does, and your ebook is perfect for that.

My mentor owns a Internet ISP business, in which I mentor him. I'm the guy that started the first ISP, and I'm a Internet/network/unix expert. I just built a set of systems that turn his network into a visual set of charts... much like his trading charts...

I think he is hoping that I will have the head for the numbers, and help him improve on his already winning day-trading system. In these troubled times, jobs for people like me are few and far between, and I'm starting to get old enough to want to use my efforts in a smarter way.

In any event, you wanted some feedback, and so far I think your book is great. It's not going to be my only source of info, it's just the first step.

As for the fly-by-night system-selling scam artists out there... I'm the guy that started the public iteration of the Internet, and I know when something smells rotten. I'm aware of pump and dump, and how someone could use stock tips to manipulate the market in his own favor. I saw one guy giving away day-trading tiops for free, and if 2000 people make the same trade at the same time, is it logical that this would have an impact that might void the signal he is trying to make a position with? I'm no trading expert, in fact I'm not qualified to use the word trading in a sentence yet... But taking trading advice from an anonymous guy giving tips for free, well that has a smell you cannot ignore.

I live with the "Hello, I am contacting you because I need to move 25 million dollars" scams flowing by in the thousands per day (I run a mail server for 10,000 people), and I was in the wake of Enron, and I saw the stock manipulation chat rooms when those were in the news... So I can appreciate your warning not to be taken by the scammers...scammer, spammer, it's all the same thing... Thugs trying to see how many stupid americans they can clean up on, or kids trying to make adults look silly.

In any event, Thanks again for the ebook. If you ever need any help or advice from an Internet/unix guru, let me know.

George Wenzel
Newbie

Re: Thanks for the ebook!

George,

Thanks for the great comment!

And yes, you are absolutely right about these "pump-and-dump" schemes. And they are getting more sophisticated: Years ago they offered "free stock tips" and some people fell for it. These days they started offering software that creates these "hot stock lists" for you. And since they charge a nominal price for the software, people think it must be legitimate.

I see these guys running massive affiliate and MLM promotions to get the software in the hands of as many people as possible. And this creates the same effect like the "free stock tips" that we saw 2-3 years ago.

I guess I should write an article about these "pump-and-dump" schemes and make sure that everybody understands how they work, so that nobody falls for them any more!

Talk to you soon,

Markus

 

Free Day Trade book

A good book for reading about sound basics for trading, and providing a footing for the novice trader whilst also catering for intermediate traders in reminding about the basic's.

One typo, as far as Im aware, the US left the gold standard in 1970 rather than embracing the gold standard. ref page 89 quote "In the 1970s, the United States adopted the Gold Standard, creating an important place in the U.S. economy for gold"

The US ditched the Gold standard in favour of the current debt based fiat currency of federal reserve notes.

Thanks for the read.

Cheers
Badger.

Feedback

I am getting through the book and I can say that I like it very much. Very helpful book indeed. Thanks Markus

EBook

I was searching for a book to help my friends get a good start to understand trading. I read this ebook "The Complete Guide to Day Trading" and found it useful for beginners and seasoned traders. I am in the process of moving from a part-time trader to fulltime. This book outlined a complete approach to understanding the necessary steps to becoming a successful fulltime trader. Thanks for the info and guidance!

Floyd

Feedback

Thank you for letting me have a copy to read. It is a nice overview, but seems a little dated. I think it would be good if you mentioned Metatrader 4.0 charting platform, as it is so popular and easy to use. Also I think if would be good if your 'broker' section mentioned 'market makers' and ECNs.
Sheila

Re: Feedback

Hi Shella,

That's good feedback. Thank you.

I wrote the book less than 2 years ago, but our industry is changing rapidly. I will try to update the book in the upcoming months.

Markus

 

Metatrader?

If I am correct though isn't Metatrader for Forex only?

Complete Information

Hi Markus,

I did download the ebook, and I'm up to page 50's at this time. I still work regular 8-4 job, so I'm trying to read your ebook during my break or after I get home. For your information, I've been practicing my forex demo account for the almost 6 months now, I think I'm getting better, but my confidence level is not up to the level that I expect it to be. So, for right now, I'm just trying to be patience, and practicing as much as possible with the demo account. Essentially, I try to do both gathering as many knowledge as possible from the net, ebook or whatever I could get into and practicing/backtesting system/information on my demo account. The problem I've been facing so far is practice time, when office gets pretty busy, and I have to stay late, sometimes I just do not have enough energy left to get my hands on the demo account. That's what I hate about regular job, but I'm pretty serious about becoming forex trader.

As for your book, I do enjoy it. It has a complete information about almost everything people need to know to start trading, you even include how to choose software/software evaluation and pyscological aspects of trading, which other book/website tends to ignore. Most other ebook/book only talks about strategy and nothing else. I do not know about you, but from my personal opinion trading is 30% technical, the rest is just your psycological.
That's why I like your book

Thank you for your attention and keep in touch!!

Best regards,

Yohanes

Thanks for Trading Bible

Best Money Management and Trading Guide Book that I have ever seen.

Valuable info can be

Valuable info can be extracted. Psychology is the key.

Thx

Hi, thank you for this great

Hi,

thank you for this great free ebook.
All aspects of daytrading, which are so important (not only) for beginners,
are so described, that it`s easy to follow and understand.
Very good!

comment on ebook

Hi Markus,

I have donwloaded the ebook and read it over one weekend. It was very captivating. I found the information extremely useful and very well presented. Well done.

Great Book

Hi Marcus.
Congratulations on a great book.

I would not say that it is the only book you should read if you want to be a trader, but definately one that i apreciated and can recomend to others who want start trading.
The book covers the basics and is worth going back in to reread the chapters you think is of most importance to you.

Sure, as Marcus mentions, and as in any education you need more education than just this book. But it is a great start and a great inspirational source.

Good trading all

Reagards
/
John
Stockholm (Sweden)

The Complete Guide to Day Trading

Hi, Markus,

yes,I have done that,tks a lot,I have not not finish reading. so, not able to give any feedback on the book.

regards,

Edmund

eBook "The Complete Guide to Day Trading"

Hi Markus,

I'm reading your book and I'm realy enjoy it!

Boris

Thanks

Hi Markus,

Thanks for for the ebook. I spent the whole of Saturday digesting your lessons and found particular value in the section on drawing trendlines and whether or not the stock is trending or trading sideways. One day (after 2 1/2 years now) the light will come on and I will be profitable.

Welcome to the USA, we came here from SA 22 years ago and became citizens last year. Quite a change isn't it?

Best regards and thanks again,

Doug.

Thank you very much for this

Thank you very much for this ebook. As a novice to Day Trading, I'm reading it very slowly to absorb as much as I can, and no doubt I'll be reading it a second time. Thank you!

Sincerely,

john Henry

Ebook

Thank you for the ebook, I am about halfway through it and have already come across a few things that I didn't know (setting up trend lines correctly). I am "trading" with a spread bet dealer so not quite the same as actual forex - my area of interest. Whilst interesting, I do find it very frustrating (and costly) trying to set up good entry points and generally take what ever profit I can, rather than 1.5 to 2x my stop. Consequently I have lost 1/2 my capital! So, if I don't start improving soon, It shall be a short lived experiment with forex!

Regards

re-organization

I am deeply grateful for the ebook. I have never been told these things, like only making one trade per week when I start. This reveals a very high order of understanding, and I can recognize your intelligence and experience in every chapter. When I started day trading, I started out scalping to make money. I soon learned that this method only returned small profits in relation to possible losses. I also thought that I had to trade every day which only led to more losses when the market was not ready.

This book has so much wisdom that I do not want give it away. The author is doing that already. I will purchase a copy for myself this week and I am very happy for being able to start reading it in advance.

Thank you.

the E_Book

I just had to do an email search to find it. I finally started reading it three days ago and couldn't put it down, but I had to. Then I couldn't find it. I will remove it from the mail as soon as I'm done typing this!

It's wonderful so far and I am amazed that you can give this away. It will certainly help me not to repeat some mistakes I've made in general trading.

I plan to start daytrading soon and I will be following your sensible and valuable advice.

Thanks again and thanks for asking. You're a wonderful person.

Complete guide to day trading

Hi Markus,
I really appreciate your ebook (complete guide to day trading) Really it's a complete guide and best for novice to become whatever trader they want to be. Hats off for you, you are real coach.
I will get in touch with you as soon as i'm through with my demo account.
Thanks a lot, you've given me a new life.

Feedback about "The Complete Guide To Day Trading"

Hi Markus,

Let me first thank you for this gift. I started to look for day trading information since a month now and this book is in my opinion the best suitable for a beginner like me : I read it in 2 days (next step will be to apply it).

The less I can do now is give you my feedback about the book. As you know I am a beginner, so my comments does not concern efficiency of concepts/methods facing the real word but the way they are introduced/organized in a training book. So, here is my feedback :

- All questions a beginner is wondering are covered. This book acts as a synthesis of incomplete pieces of information given in various books and forums. Moreover, all the material is sorted in the best logical order.

- Each main concept is detailled step by step and also followed by an example or a proof. All important concepts are often repeted several times along the book to be well understood.

- You successfully avoid old advert arguments that may push beginner to ruin. On the contrary, you fine explain how responsibilities are distributed between the trainee, your concepts/methods and the market.

- Language is easy for all non UK/American guys.

Thanks for your book.
Best regards,

Fred

Trading

The book is a down to earth discourse of the nuts and bolts of the craft of trading . I learned that trading is a work in progress and one keeps evolving as a trader.

Your book is good. It gives

Your book is good. It gives me a new sight for the daytrading. Thank you.

Easy to understand Book that lays a solid foundation for trading

Hi Markus,

Your book is one of the simplest and easiest to understand books that I've read before. Don't get me wrong, it's a book that explains the fundamentals of successful trading principles in real layman's terms, unlike many other books which are simply rehashed versions of many popularized trading rules.

I finished 2/3 of the book within 2 days.
There are many trading gems in this book, that included very simple yet accurate definition of support and resistance, the truth about Forex Trading being OTC products, etc, which are very eye-opening.

I truly enjoyed your book and would recommend to beginner and intermediate traders alike, as the many key points that you emphasize in your book can well be the guiding principles for novice traders, like myself.

regards,
KP

"The Complete Guide To Day Trading" - eBook Version

Yes. I received it and it is excellent so far. I read the first 200 pages right away and plan to finish it soon. Thanks for your excellent guidance.

Mike

E-bbok download

Thanks for making your book available for free. Nicely written and I really am happy with the information you included in your book. I have the book downloaded on Friday and have read most of the book. Thanks for making the information easily assimilated for beginners. I will look forward to reading more and looking for more of your work.

Sincerely,
June Triska

Constructive comment

Hi,

Thank you so much for your kind follow-up email, to be honest with you I have not had a chance to read it yet! But I promiss I will.

How ever you might like to know that the type setting(size and font) is very small and un-inviting.

Although the pages are there, the writing is so small, that I personally dont enjoy reading it! and I am sure it could be said for many people!

If you could some how enlarge the format to fit the page,I think it would be much more user friendly. Thats my initial comment.

Regards.
Reza

Re: Constructive comment

Hi Reza,

Thanks for your comment.

Actually, you CAN enlarge the font:

The eBook is a PDF file which can be read with ADOBE READER. Using this reader you can zoom in and out and adjust the font to any size you want. Simple click on the magnifying glas or select VIEW - ZOOM.

Hope this helps.

Let me know if you need anything else.

Markus

 

The books looks very

The books looks very comprehensive.
It could be shorter in my opinion but for the rest I still heva to digest it
JJS

ebook

I love the ebook , not feeling so lost out there nice to find out i am doing some of it right feeling a little more confident thanks so much .

sharon

Thank you!!!

Markus,

Thank you so much for your E-Book on Trading. I'm totally new at this
and want to get as much education as possible before venuring into
the market. Your book is now like a 2nd Bible to me. You put everything
in a language that I can understand. I'll always keep in touch with you
and your site. Thank you so much. I started my Journal yesterday and
will have the discipline to input everyday. Thank you so much Markus!!!!

Looking Forward,
Barbie in Milwaukee, WI

very good book - should have

very good book - should have read earlier in my trading career

for newbie great, for an advanced trader boring

The ebook is impressive in that it goes into great details explaining the market, the tools available, and the mechanics of trading.

However, for someone who has traded for several years and has a reasonable level of experience, the book is frustrating since it does not reveal anything new that could improve a seasoned traders performance.

day trading

I got the e-book, and have read it once. Plan to go back and read it several times to digest it thoroughly. The information is concrete enough to begin using right away in conjunction with a good trading plan. Thank you.

Reply

I just downloaded the eBook. Thank you. I will read it over the next two weeks and let you know my comments.

For now, just wanted to say thank you.

Lee

So far I've found the book

So far I've found the book outstanding. I've just completed the section where u recommend using no smaller than 15 minute charts. This is the first area of difference with my style. I have been trading currencies on 2min to 5 min. I'm spending the weekend back testing my system on 15 min chts. One of the key lessons I'm seeing is my lack of tolerance for losses and my lack of patience is forcing me to trade the short time frames. Thanks for the valuable lessons.

Brendan

Mark, i have gotten thru most

Mark,

i have gotten thru most of the book and so enjoyed it. You brought to my attention things I had considered but put them in a new urgent light so that my success is more assured. Thank you

"The Complete Guide to Day Trading" download

Very sound logic went into this book. After glancing at the PDF file, I went ahead and printed the entire book out so I can make some notes right in the book. I've already identified areas that will improve my trading.

I listened to the audio "Cliff Notes" version and that was done equally as well. My printed off copy will be my working reference book of day trading for now on.

Thank you Markus for making this book easy to receive and for sharing your experience with us.

Robert E
Cincinnati, OH

trading manual

Excellent!!

a very good introduction to short term trading. Concise and well written. Informative and honest.A realistic and robust approach to the world of daytrading.

Thank you.

thanks for sharing eBook

I liked the book's realistic, yet optimistic tone and succinct style and what you chose for content. I agree with what you believe is relevant for success. Of course a "complete" guide would be much longer. But what you should be thinking about to start, absolutely.

I enjoyed reading because I

I enjoyed reading because I realized how much I have been doing correctly. Particularly taking set profits and setting stop losses.
However I need better software and will explore metastock and esignal, so that is what I took as most significant from the book.
Keep emotions in check, know when Not to trade, and avoid greed.

Thanks and good luck to you.

Jack Wiertel

never received original link to download....

i have now downloaded e-book this morning.

just wanted you to know that after registering i never recieved the promised (within a few minutes) follow-up email with link to download and thought this might have been a scam to get info. i even went throught process twice in case i had mis-typed my email...

your "followup - followup" asking for comments was only email rec'd, and i downloaded through the link it contained.

i will followup with feedback after i have a chance to read....

regards,
j

feedback

Very good "basic" info. However, I was expecting/hoping for a more sophisticated in depth report of various technical analysis techniques as they might apply to day trading.

Thanks for the download.

hi skiped through

hi

skiped through book will read, i would like to get your views on brokers and chart prices to broker prices.

limit orders and stop orders.

as i cannot find a broker that allows me to trade 24/7 they seem to close their platforms down so pending orders do not get filled.

this is a big bain to me.

besides leverage levels needed to trade seam only for the big players.

ebook comment

Hi Markus just a note to say thank you for the opportunity of downloading your ebook The Complete Guide to Day Trading. I am a relative newbee at trading with a clear handle on a good trading strategy based on the Daniel Code Web Site but my main problem is detailed (with some accuracy) on page 217 concerning Not Controlling Your Emotion. In particular, as an emotional sort of NZ chappie, I have seen many of the protocols unfold in front of me with amazing accuracy and I either fail to take them resulting in guilt and dissapointment for not, when the go on to make 100 ticks, or take them while being heavily burdened with indecision and pulling too soon. I realise these are common emotions for the beginner and feel focused on the problem, which I would suspect is half the battle for recovery (along with brilliant support from my wife). So... although I haven't read all of the book yet, I found the chapter called The Traders Psyche of particular interest and appropriate to my strategy for building a progressive belief in my ability to become the controller of my emotions rather than 'them' controlling me. Once I've completed the book I'll no doubt be in touch again.

Thanks from down under (in the cold of winter)

Kind regards
Clive

eBook

After seeing the page length, I decided it would be easier and probably cheaper to just purchase a copy from Amazon, so that is what I did. It is on the way here now. Thanks for the offer. --Randall

Great beginers reading

Goog reading,compack and complete,there is a lot of readings to diguess,I would of like a specific fomular with a specific set of rules.any way I give this book a 4 stars for your effort.

the book is very clear,

the book is very clear, concise and easily written. As a new trader, I find it very useful.

Book Review

Reviewer Background: I've day traded for several years. I have a Ph.D. in adult education with strong background in research, statistics, and psychology. I've also served as an academic journal reviewer.

The following review of your book is presented mainly in outline form. Space precludes a more detailed discussion. I devote more space to "weaknesses" because I assume that you want to improve your work in the future.

Central Strengths
1. Good identification of topics relevant to day trading.

2. Succinct, but informative content. (Difficult to do on a subject of this nature.)

3. Appropriate emphasis on critical areas such as risk control, risk/reward, and practice (simulation).

Central Weaknesses
1. Inconsistency between time frame selection and charts. You recommend a 15-minute chart and then use 5-minute charts to illustrate in some places (pp. 86, 105, 120, 132ff.) Personally, I think a 15-min chart is unrealistic as a trade execution chart because stop-loss points are too great. Just about every day trader I know uses 3 or 5 minute charts.

2. The Trading Approach section (Part 2: Step 3) requires much more thought. You discuss some indicators with their basic uses, but really don't explain strategy in detail. What an indicator does and how it can be used are two different things. (See Wilder's New Concepts book, Bollinger's book on the bands, and Street Smarts by Raschke/Connors for examples on detailed explanations of strategy.)

3. Needs a more personal touch. This book has an academic feel to it. Readers would probably appreciate a few "war" stories from your own experience. Also, I think that most readers want to know what you do specifically in your own trading practice. Perhaps a section called "My Trading Day" would put some flesh on the bones you've discussed in this book. In the end, I came away with the feeling that you either don't know what you're doing, or more likely, you don't want to tell us. Both of these things are unacceptable in any book which purports to be a "complete guide." Be specific in describing what you do. (If you're concerned about lack of space, you can make room for new material by eliminating unnecessary coverage of basics, e.g., bar, candle, line charts.)

In general, day trading books tend to lean in one of two directions. They're either very academic (heavy on explanation, light on application) or very cook-bookish (heavy on technique, light on necessary explanation of other factors which influence trading performance). Your book leans slightly academic. Bring it more toward application, and I think you'll end up with a better product.

Re: Book Review

Hi there,

Thanks a lot for the detailed feedback. Much appreciated.

I think I understand what you mean, and here's my plan: Since this book is published, it's not very easy to make updates. It has to go through a lenghty review process.But I will make some videos outlining a trading strategy and also my personal story. As soon as I am done I'll email them to you.

I hope that this will bridge the gap.

Thanks again for the constructive feedback.

Markus

 

Feedback

Sorry, Just started reading yesterday and only on page 22.

E-book

Yes I got your book today and I just started to read it, I'm not a beginner but I appreciate a good trading plan to help improve my own plan. So I will give you a better answer when I finish this e-book, thank you.
Sincerely
Everaldo Cumberbatch

The ebook seems to be a good

The ebook seems to be a good overall primer. But without actual examples of strategies, it would be difficult to pull it all together. For example, I think you mentioned in the ebook you had a strategy that had been working for four years.

That's probably what everyone really wants. It would, of course, have to come with the proper disclaimers explaining the strategy may only work in a particular market environment.

Strategy

Hi Donato,

Thanks for your feedback.

As I outlined in the eBook, there's MUCH more to trading than just having a trading strategy. However, I promise that I will share a specific trading strategy in the next couple of days. Look out for my email.

Talk to you soon,

Markus

 

The Complete PhD Idiot Guide To Day Trading

Thank you, it's a useful book. I'd modify the title:
"The Complete PhD Idiot Guide To Day Trading"

Free e-book

I have not had time to study the book in depth, but in perusing it briefly, I believe it will be a considerable help in my overall trading education. I will keep this page and let you know in detail when I finish it. Thank you in advance for making it available to everyone. I firmly believe a man needs to "learn to provide for himself - not just have provisions handed to him." In that vein, I do intend to earn a substantial amount in the markets - but, it is difficult and takes time to grow an account.

Thanks again

JC

Very good information. Thank

Very good information. Thank you.

Completing reading your e-book

Thanks for the opportunity to read your e-book. Overall I thought it to be a good book for a beginner. But I would've included something on the "flag" or as I call them "steps" on a up or down trend. Using a 2 minute chart with the emini S&P or emini nasdaq after the first 5 to 10 minutes the market opens you can see resting areas on the trends way up or down. Excellent jumping on areas.

About e-book

Sir:

I just downloaded the e-book. By next week I hope to give you my comments about it. I really appreciate your gesture in this regard.

Thank you very much .

With regards,

Ranjit

ebook

Marcus,
Not just a good book for beginners but whenever I have a loosing streak I'll use it for a trading fundamentals refresher.
Thanks for sharing,
Kai

Feedback on your eBook, The Complete Guide to Day Trading

Markus,
First, thanks for your generosity and mindset in providing me a free copy. I judge a book usually by its Table of Contents. I have viewed those and find them to be quite thorough, to have orderly arrangement and to be inviting in their presentation. Sorry to say, I will read much of the book tonight. But right now I cannot give any further feedback.

I did get hold of my beloved brother and set him up so that he could order it today. He is getting into the meat of it already and anticipates finishing it soon.

Don (Kinney, my brother) day trades now, every day, and pulls out good results, though he is working with very limited capital. He has traded the markets off and on for over 50 years, trading daily now for the past four or five years.

If given the opportunity at a later time, I would be pleased to give you feedback after getting the chance to get into your book.

Thanks again,

Bill Kinney
billkinney@cox.net

A must have E Book for

A must have E Book for everyone who want to make money online

A million thanks friend!

Aspiring Trader

The book looks pretty thorough just glancing at the table of contents. I am refreshed by your passionate statement that you are attempting to steer us aspiring traders in the right direction. I have been studying a lot about options trading on my own and am principally in the process of formulating my own trading strategy based on my risk tolerance. but first things first, I need to secure some start up capital. So thanks for the book.

Day Trading Ebook

So far, excellent. Will have further, more positive comment within next ten days. Personal and business considerations have made devoting the necessary time impossible for the moment.

Good Job!! Excellent Concept!! Thank you for your persistance.

Yes, I dowloaded the book. My comments

Markus,

I quickly looked at the Futures part of the book, and after taking only a few minutes to glance at one section, I already know what your book was explaining.

I am looking into trading the Front Month e-mini futures contract. I do a lot of programing, and am trying to come up with my own strategy based mostly on price action, and the Up Vol, Dwn Vol, Advancers, Decliners on the NYSE. I get just basic economic news releases from Briefing.com about the economy which seems to be all I really need for news to tell me what the general direction of the market is going to go.

Like I stated earlier, I do a lot of programing and am one of the biggest contributors on the yahoo group, http://finance.groups.yahoo.com/group/TOS_thinkscript/

I'm currently using thinkorswim for a broker, but will probably need something better for a trading DOM in the future.

Alan

your book

have not had a chance to read it. going on vacation and will read it than. thanks

Your book is not true

I just glanced at your book and it disgusted me. Day trading is one of the hardest things I have ever learned. I am successful trading and I also mentor (over 100 people in the last year).

My problems with what you say is this. You portray day trading as simple. All you need is a 1000 dollar acct. Anyone can do it.

As an honest trainer, I tell everyone that it will be the hardest thing they will ever do and they need at least $25K minimum (or more) and must be prepared to lose half of it before going profitable. I also tell them that after working with me for a week of one on one, they still may not be successful.

It is people who make day trading sound like a simple process that leaves a bad taste in one's mouth. In fact, it disgusts me and I view it a salesman's method to sell his product. Shame!!

Re: Your book is not true

Barry,

I wish you took the time to READ the book instead of just "glancing" at it. If you read a few chapters you would see that

  • I WARN people to jump into day trading without the proper education.
  • I tell everybody that trading is a business and should be treated as such.
  • Trading requires time, effort and commitment if you want to succeed.
  • Trading is not for everyone
  • etc.

Just take a look at the comments of all the people who actually read the book and you will see that this book is different and provides quality education.

I am looking forward to your comments after you read the book.

Markus Cool

 

E-Book

Markus -

Thanks for the free book! I had downloaded the link and then forgot about until your email reminded. Just two chapters in and I'm very encouraged by it. I like the KISS mentality.

I recently paid for a course by a professional firm and it was a crazy experience. The firm very reputable and prominent but their Futures course was worthless mostly rehashed stuff from the www.cmegroup.com website.

I could have subscribed to your trade room for 15 months for the same amount of money !!!!

I look forward to finishing the book and possibly joining your trade room soon.

comments on your book

Excellent book with one exception. Just my opinion of course but I would have liked to see a summary section detailing how you trade in detail. From the time you get up, turn on your computer..what is the first thing you do?

By the way your comment regarding using a longer time chart for trading emini's or any fast moving product was the first time I have heard this from a pro. It is brilliant..and it took me a long time and a lot of money to get the idea.
All these gurus talk about tick charts and 1 minutes charts..and three minute.
I doubt that any of these people make the money they could make with longer period charts because the noise is fakeout country.

Here is what I do. I trade emini ES and EUR..and some others, but mostly those.
I get up, load up Interactive Brokers to my account. I then open up Quotetracker and get my 13 minute ES and EUR charts. I use price candles and so the next thing I do is back up the charts to see the trend..if there is one..and I draw pivot points. The highs form a pivot..and the lows. And there are minor pivots in between. My technicals are a CCI or 38,12 and I use MFI (money flow index). I basically trade reverses off of pivots. I have three criteria to take a trade off of a high or low. (1) Volume spike, (2) MFI and CCI
at extremes (MFI is above 70 or below 30, CCI is above 200 or below -200), (3)
the MFI and CCI hook and hold their hooks even at price backup. There are other slight deviations to this method, but they are unimportant. I enter the trade most often on the backup in price. I use Bracket Trader as a DOM..so I see a ladder of contracts. If I am going short from a top pivot, I will click my trade in below a high concentration of contracts..thereby letting the trade come to me. I normally use a five tick stop, but I will say this..if the trade does not go in my direction instantly..I will get out and try again.

This trade is over 90 percent effective. That's right..90%. I have had days when it was 100 percent. I give you this because you gave me the book. Try it out on a sim situation for a while and you will what I say is true.

Thanks again for your book

Nick

Re: comments on your book

Hi Nick,

Thanks for the feedback. I think I know what you mean, and I'll prepare a video in the next couple of days and will send it to you.

And thanks for sharing your strategy. Looks very interesting. I am always interested in what other traders are doing. I'll take a look at it.

Markus

Nick's comment

Nick,
Very interesting way to trade.
Can you give more detail, please.
Thanks,
Steve

E-Book

Markus,

I have just started to read your ebook, this ebook should be required reading for all newbees... I am a newbee I have read alot of books on trading and by far this is the best, I am on page 146 and if I had this much imformation this past 2 years I would be in the market today........I am a novice your book from what I have read will spur me to find a way to get onboard ......we have fallen on hard times.... this economy has taken our nest egg......so we are looking at the financial market to servive and be financially independent......we have to saveup to open a account........we plan on Forex e-minis and ETF's to be our vehecile to take us out of this mess...... I kinda like end of day trading anything on this in your libary......I thank you for sharing your knowledge.........

Clive

Yes I downloaded the book and

Yes I downloaded the book and was able to glean many jewels from it. I intend to read it over and over to increase my knowledge and hone my skills. Thank you for sharing your knowledge.

I appreciate your help

I enjoyed the book. It was one of those things where I hated to see it end. Too bad that I was not able to download the free forms at the end of the book.

I am a new, beginning trader that needs all the help I can get. I thought your information was accurate, truthful and very appropiate, as it tells it as it is. I have my system, but I still have problems testing it real time as some trades go the wrong way but I feel your book has helped to jump in or at least stick my toes in the water.

Thanks,

Ernest Gabbard

Mistake 2 in eBook ?

Hi Markus
Just finished reading your ebook and loved it. I'm already implementing your ideas in my trading strategy for Crude Oil. Unless I missed something, the text on page 115 is rather confusing "but at the same time, we are experiencing a higher high after a series of lower highs."

Thanks again.

Re: Mistake 2 in eBook ?

Hi Art,

Thanks for your comment.

And NO, this is NOT a mistake. In a downtrend, you will see that a market makes several lower lows in a row, and you can't draw a trendline. You have to wait until the market makes a higher low AND a higher high in order to draw a line.

Does this help?

Markus

 

Ebook

I have so read 95 pages and will continue as I have found to be very informative and right on, I like the idea to write things down on a journal and making goals short and long term goals is essential to be successful. I will write again when I am finished reading everything.

Hi Markus this book is

Hi Markus

this book is really great stuff. However I've been already thru all this taking
Trading Seminars with Larry Williams many years back.
I'm doing well as position Trader in just a few commodities and can not sit the
hole day in front of my computers.
In other words I will probably never be Daytrader.
But I thank You for this good book.

Jo

Re: Larry Williams

Hi Joe,

Thanks for the feedback.

Good to hear that you are doing well with position trading. Day trading does NOT mean sittting in front of the computer every day. In fact, I personally prefer to watch the markets only in the first two hours after the opening, and there are days when I don't look at my charts at all.

Trading on a larger timeframe like daily and weekly charts means that you have to use larger stop losses. Many aspiring traders like to start with a rather small account, therefore they need to trade on a smaller timeframe to keep their stop losses rather small.

Anyhow, as you know every trader is different, and I encourage all traders to find a trading style that fits YOUR personality and supports YOUR trading goals. Seems that you have found a trading approach that works for you! Smile

Markus

e-book

This book contains a lot of good information and it is put togather well. I haven't finished working through it yet but it is good. Thank you for taking the time and being generous and providing this info to us strugling traders out here. Thank you.

"The Complete Guide to Day Trading" - review

It's an very good reading for anyone in trading.

e-book feedback

I thought the book was excellent. It was one of the best day trading books I have read. I am very eager to start doing some back testing with a new emphasis on my win rate and risk to reward ratio.

Thank you.

I look forward to working with Rockwell in the future.

Reine

ebook

Great Book. Really opened up my eyes. Thank you for sharing your insight.

ebook

Tks for the book. Will let you have my feedback when i finish reading yr book. I'v just browsed thru it is very rich in content and you hv put in a lot of work into it. Thank you.

Got the book. Preface looks

Got the book. Preface looks good. Will read it shortly.

Feedback

Markus,
I have downloaded your eBook and was browsing through it.
However, I realised that the Bonus material mentioned at the end of the book
were NOT available to me [those who get your FREE copy]

** It would be Good to be able to get these items also for completeness

Regards
CHAN

Feedback

Yes, so far I am interested in what I have read. It seems quite sensible.

I have scanned through the first 10% of the book, and will look forward to reading the rest in due course.

It's a great resource for

It's a great resource for beginners and experienced traders alike. Anyone following your principles closely should see improvements in their trading results. Thank you very much!

ebook

i have only glanced at the book but thier are solid ideas and advice. i can trade in up or down markets but this riding resistence is a problem.in the past i froze at a loss and then lost more.that will change now. that will change now. thank you.

This book is suitable for

This book is suitable for people just starting out to day trade.

Your day trading book...

In response to your email, yes, I have downloaded the PDF and plan to start reading it early next week. I look forward to learnig from a pro with experience in dealing with a very dynamic market and plan to add more notes as I get through your book.

Thanks,
Ernie

book

As time becomes available to unzip and read the book, I'll get back to you...thanks.

Book Report

I am half way thru your book. nice read so far, especially like setting up the platforms and charts. Wish I had these 3 months ago before I started my quest. the book also would have been helpful before I signed onto you seven day trail.
Knowing in advance what your instructors where doing and showing would have made the trail more meaningful.

your e-book

Hmm, you asked some comments about your e-book for day-traders. It seems to me that you have tried to cover all aspect of day trading but not going very deeply in any of the subjects. I think you have written this book mostly for novice traders and as such it is undoubtly a good starting point. I am myself a little more seasoned trader and most subjects were familiar.

eBook

I wish I would have read this book 6 months ago - it is a terrific primer on Day Trading. Thank you.

Free e-book feedback

For beginners--excellent, superb book.--Bur beyond that---not much value. Based on my current experience--I believe the "devil is in the details"--as to trading strategies/rules. The Vince experiment---could not find details on Internet about it---but I doubt that Vince actually gave these PHDs "exact" trading rules--Instead proabably gave really good "guidelines"--which is the difference between day and night in trading. An Example---In chatroom I'm in--a trader "gave" us his trading strategy using trendlines--buy/sell the pullback. He showed us a few charts---repeated the "KISS" theory. --But then we asked very specific, detailed pointed questions. These he would not disclose--and simply said it would take "lots of practice". I then mentioned the "devil is in the details". His only response was--"you can lead a horse to water--but you can't make it drink". --And I've found this reaction to be true about anyone else "disclosing" their strategy---nobobdy will give the "details" because this is what gives them their "edge" over other traders.
Respectfully submitted,
Pat

Re: Free e-book feedback

Hi Pat,

Thanks for your comments. Much appreciated.

Here's my response:

The Ralph Vince Experiment was published in CSI News Journal in March 1992, and you can find more information there.

And you are right: When it comes to trading, the devil is in the details. However, there's one caveat: Even if two traders would trade exactly the same strategy, they would NOT necessarily achieve the same results. Just think about it:

  • It is impossible to predict the slippage when using stop or market orders. Two traders, let's say YOU and John, place an order at the same time, and John might experience 1 tick slippage, while you are filled right on your specified entry price.
    .
  • You don't know whether a limit order will be filled or not. If a trading strategy requires the use of limit orders, you might experience the following situation: your order is filled, John's isn't, and the market retraces. While you took some profits using a limit order, John is still in the trade and sees his profits shrinking, and in the worst case turning into a loss.
    .
  • Another factor is the account size: If John is trading a rather small account, then his broker might liquidate his position because he experiences an intra-day drawdown that issues a margin call. Many electronic platforms are set up in such a way that they immediately liquidate a position, even if the market turns around and he would end the trade with a profit. John then experiences a loss, while you might realize profits on the same trade.
    .
  • What about the ability to withstand losses and your discipline to follow the trading strategy no matter what? Let's say that after a couple of losses John decides not to follow the strategy any longer, and that's exactly when the strategy starts bouncing back. You strictly followed the strategy and realized some profits, while John is missing them.
    .

And that's exactly the point I am trying to make in the book:

There's more to trading than just having a trading strategy!

And for THAT reason I don't have a problem at all sharing my trading strategies. I won't lose my edge in the market, because most traders would NOT exactly follow the strategy. In fact, to date 29,254 traders have watched my video explaining the rules of the simple trading strategy on YouTube, and i doubt that more than 100 traders are actively trading it every single day.

And even if they did: I assume that most traders trade 1-5 contracts. Do you really think that it would have an impact on the e-mini S&P, which is traded with 2,500,000 - 3,000,000 contracts per day, if 100 traders place a 5 lot order? - I doubt that.

I don't know much about the trader that YOU are following, but I am not holding anything back. Why would I? Smile

Hope this answers your questions and comments.

Markus

 

I just started reading your

I just started reading your book, and the one thing that stood out is being able to admit that you not the market mess-up. I have found the info very help full in better understanding "Money Management" , which is the area that most traders fail and give up on the best game in town Day Trading .

E-Book

I downloaded the free e-book and read through it over the weekend. Thank you for the wonderful information.

I notice there are bonus materials listed; how do I access these? I tried going to website, but it wanted an amazon.com number, which I don't have.

Thanks,
Virginia

Complete guide to day trading

I have recently dowloaded the book.Its a very nice guide to daytrading,very well written and informative.My thanks to Markus.

Thanks a lot

Hi Markus,

Thanks for the ebook , really amazing, have been reading it since the time I have got it. Thanks for sharing knowledge , truely amasterpiece and I love the way you have explained everything in such simple words, also love the videos that you post....I found that video really funny...about trying to impress girls...was a great lesson. You take care and thanks once again

trading guide

Best and to the point book on day trading I've seen. I'm looking at your other courses and the chat room. I'm in the mode of developing a trading system for the ES. Thanks. Scott

Your eBook

Seems pretty sharp with real substance
Its got my interest

request

Sir,
Please do send more and more free technical analysis related e-books in pdf form

I finished your book. I

I finished your book. I thought it was well written especially for beginners. I really appreciated that you described many available markets because traders always begin trading thinking that the market they were initially exposed to is the only thing out there.
I also really appreciate your not being biased to the long or short side and also not being biased as to whether automated or discretionary trading is the way to go.
Again...thank you for your book.

Hi, Markus. I download the

Hi, Markus. I download the ebook and I took a look already. So far, I just can say that I realy like it and I'm sure that I'll learn so much more on the next pages. Some years ago, I've decided that I wanna be a daytrader just like you. Wish me luck.

Thank you very much.

Regards,

Vinicius

Re: Daytrader

Good luck, Vinicius! Smile

And please let me know if you have any questions.

Markus

 

 

Day trading strategy?

Hi, I appreciate your ebook .Thanks.
I did a quick browse and would I be correct in saying that
the ebook does not have an actual strategy outlined but rather
it gives ideas only so that one can build his own strategy,
yet no strategy is actually in the book?Am I correct or wrong?
Thanks,
Len

Re: Day trading strategy?

Hi Len,

That's correct.

If you are interested in a day trading strategy, please watch this video:

http://www.rockwelltrading.com/free-ebook-strategy

Hope this helps,

Markus

 

This book is excellent and I

This book is excellent and I found that some real effort was put in to complete this book. I definitely appreciate the opportunity to benefit from this information. I will be applying these lessons to my career immediately.

Great Book!

So far I just finished the 10 Principles, and I'm about to start reading the 7 Mistakes to avoid. I find this book very information, and it really gives me more knowledge and confidence. Two rules I really found important in this ebook is to keep it simple, and to control fear and greed. Thanks!

EBook

Appreciate your sharing the book at no cost. While I'm more of a long-term trader (daily and weekly charts), your discussion on trading discipline and use of stops of course applies and is very helpful.

I've been looking to retire from my current profession and make the transition from part-time trader to full-time trader. Setting specific trading goals as
you suggest has enabled me to finally make that committment.

Thanks for the support,

Jon

The free ebook is very

The free ebook is very informative and helps a novice such as myself gain much needed knowledge. It is easy to follow and although I'm only about 1/2 way through I'm sure I'll feel the same when its completed. Thanks Markus for all your efforts. George Johnson

Daytrading Class

Hi. yes i received the pdf. And I'm very pleased to have it. There isn't a
better cource that I've seen in 10 years. Thank You .

1 question. Can you help me find the course that was mentioned

in the pdf that one guy had a system that worked 91% of the time.

kind regards.

Timboexpress

This Ebook takes first place

Markus,

What more can I say, your ebook is set out in a precise and easy to understand format and was an enjoyable read.

I have been putting it to good use the last 2 days, pulling in a couple of easy profits with confidence. Before I was too nervous and used to end the trade too early with only a tiny profit, now my charts make senses and I can spot the trends earlier and make a correct decision.

Thanks for the Ebook. Was

Thanks for the Ebook. Was nice to read about the important stuff for a change.

Complete Guide to Daytrading

Markus: Yes I got the ebook; liked what I saw so much I ordered it from Amazon. Am reading the electronic version and enjoying your take on the market choosing and trade software section.
Albie

re: Ebook, trading education

Markus-

Thanks for the great ebook. It has helped me, as I was focusing on indicators to the exclusion of the trendlines and support/resistance.

Do you do any kind of webcast training, where I could watch you trade realtime, while getting your reasoning and thought processes as trades go? I would pay for that.

Thanks,
Bruce.

Live Trading

Hi Bruce,

I am conducting regularly free webinars in which you can see me trading live. For upcoming events please check our calendar:

http://www.rockwelltrading.com/rockwell-webinars

In addition, we offer Live Trading Rooms in which we trade the markets with our strategies every day: You can subscribe to these rooms for $97 per month. We offer a trial here:

http://www.rockwelltrading.com/products-and-services/live-trading-room

Is this what you were looking for?

Markus

 

Your e-book

I have read part of the e-book and so far it's excellent. I dived head-on into trading without a clue, seems like I am going backwards now and I will definately recommend your book to people I meet who want to trade.

comment on the e-book

Hi Markus,

I am an old subscriber of your site from Turkey.

I am a trader on turkish futures market VOB.Here we trade turkish stock indices like U30.

I am trading for 15 years,so you have to evaluate my thougts according to my experience.

Your book is very complete,I mean it handles every aspect of trading,for examples
: trading goals

The chapter for determining trends with help of trendlines is especially very suitable.

But I think, yo could design some systems according to technical analysis,I know you have given some indicators,but systems are failing.

The language of the book is very easy for the foreigners like me.So it is very suitable for the beginners of the business of trading..

I know that you are from the german origin and I also use german..:-)Lets speak a little bit:

Grüss Gott Markus,

Dein Buch hat mir sehr gefallen,du sollst wissen,dass du mir immer hilfst,wenn ich im Market bin.

Ich muss sagen ,dass ich Designer verschiedener Metastock Tradingsysteme ,und andererseits ein Elliott Wave Analyser bin.

Mit freundlichen Grüssen....:-))

Re: comment on the e-book

Servus Ahmet,

Vielen Dank fuer Deinen Kommentar und Dein Feedback. Freut mich von Dir zu hoeren.

Alles Gute fuer Dein Trading und bis bald,

Markus Cool

 

Updated

I have a question, I noticed that your book is dated around April 2008, before all this crazy economic downturn.

How has daytrading changed with this new economy? Any big changes?

Thank you.

AG

Feedback on eBook-The complete guide to day trading

Dear Mr Markus,

I have just downloaded the pdf version of your free eBook. I may have not read it; but, a glance of the contents made me believe that the book you offered for FREE is going to benefit me and others.

Thank you.

About the free eBook

Hello Markus ,
i think it's great book to anyone who want to learn
and think of opening it's own trading business
it gives you almost all you nead for good start in the trading world .
The next is up to you to build your own plan and to implement it by yourself.

I like this book because

I like this book because ,there is very practic instuction to build good trading ideas and habits.Thanks nice work!

Thank you I do like what I

Thank you

I do like what I have read thru the first 68 pages. It has conveced me not to day trade yet. I do like the concepts involved and am working on my own system of owning just a few stocks and being heavy in one going up and then selling on it going down more than 2% and having alternatives to switch to of the best I can find.

The E Book

This book is terrific, easy to read and understand, very helpful and solid content. I liked it so much I bought the paper version. I liked that too and then bought the course, which is a more comprehensive and immediately applicable start to trading.

I'm collecting material to help me teach my children to trade They warmed up to Markus' presentation style immediately and that, as well as the very solid basis he forms, convinced me to invest in the teaching and have it on hand for them.

I have never traded the eminis, but I already have a profitable day trading plan to follow and start with, as well as some excellent training in setting up sophisticated trading software signals to help in the intial stages.

 

 

 

 

 

 

 

 

Feedback on your Ebook

Your Ebook is excellent. Very logical and comprehensive exposition. (But of course! - Germans are thinkers (the French are the feelers and perhaps the Spanish?...)) I enjoy your webinars as well, and appreciate your sense of humor. Keep up the good work!!!

E Book Is good advice

I have been trading for well over a year and luckily I have done the things covered in this ebook. However I did learn from it and I definitely recommend it as a great starter for anyone and everyone!

Thanks,

Jeff

I can verify you will have several losing trades in a row

I have been trading full time for well over a year and while I am aware this does not make me a seasoned pro by any means, I am going to share with everyone just how important it was for me to stick with my plan.

Week 1. Monday entered into my trade everything looked great was 1/2 tick away suddenly the bottom fell out stopped out.

Tuesday, Wednesday, and Thursday it happened again and again!

End result that entire week was a complete week of losses not one single winning trade not ONE. Someone says to me Friday afternoon your laughing and I said yep all the way to the bank he looked at me so funny so I explained to him that my plan will workout and pay me back ten-fold next week. Anyway he says I would NOT day trade your going to go broke dude was his exact words and I said you are so wrong any business with a solid plan that is executed will succeed thats just fact and then I explained the laws of sales after all I know that best since I owned a business for over 23yrs., it's all in the numbers your going to win your going to lose and right now I am just getting the losing out of the way so I can win.

If I hadn't believed in my plan and stuck to it I would not have been able to take the beating the market had given me all that week period yeah it was stressful of course, but the five weeks after that made up for that and allot more simply because I did not alter my plan make your plan and stick to it but make sure its a VIABLE plan first with realistic goals don't say I want to make a million dollars and thats your plan it wont work THIS EBOOK Helps you past all that garble read it over and over!

Re: I can verify you will have several losing trades in a row

Hi Jeff,

Soooo true!

Trading is not a one-way street; losses are part of our business. The key is to keep losses small so that we can recover from them.

I know that many people think of day trading as gambling, but they are wrong. In fact, in my opinion day trading is SAFER than holding a stock for several days and weeks.

Here's why:

Whenever your money is in the market, it is at risk. As traders, we will never be able to eliminate the risk, but we can control it. We control risk by using risk management, position sizing and stop loss. When day trading, we can use a rather small stop loss, because the smaller the time frame, the smaller the stop loss.

And we are not exposed to gap openings on the next day, which make it almost impossible to control risk.

Here's an example:

Let's assume the closing price of a stock is $100, and you decide to place a stop loss at 98. The next morning the stock opens at 95, and you experience a much bigger loss than anticipated.

And regarding your losing streak: Make sure that you learn from your mistakes!

Remember the words of Jesse Livermore, one of the world's greatest traders:

"There is nothing like losing all you have in the world for teaching you what not to do. And when you know what not to do in order not to lose money, you begin to learn what to do in order to win. Did you get that? You begin to learn!"

All the best,

Markus

 

got it cheers

got it cheers

Yes I have downloaded and

Yes I have downloaded and took a quick look at the book. Looks very nice. I have to really take a closer look at it because at the time, I am reading another book, "Daytrading for Dummies" and quite honestly, the amount of time I spent looking at your book, well it really looks remarkably similar to the book I am reading. That is not meant as an insult, merely as a point of fact. Once I get a better look at your book, I will be able to tell more. However, the chapters and subjects look very very similar. That of course is not to say anything bad about your book, I'm certain it is very well thought out and will be of great help to me. Thank you very much for offering it for free and yes I will let other people I know who daytrade know about your free book.

thanks very much

Hi, I just started to read

Hi,

I just started to read the book and only had gone through few pages. It is worth reading and I hope to finish it by this labour weekend.

Wish you a happy labour weekend.

Swapan

E-book

Markus..I downloaded your E-Book and have already read it. Actually, I already had a hard copy. I have been a member of TradeTheMarkets for several months and have been using their live room and commentators to learn and similulate trading. I also have a mentor who has been a tremendous help, too. Your knowledge and expertise about day trading and what it takes to succeed are excellent. I am implementing some of your suggestions and techniques and will let you know how I'm doing. You seem very sincere in wanting to help people learn how to do this profession and I appreciate your effort. I may consider taking a "coaching" course through you sometime in the future.
Thanks again,
Joe

Feedback

I'm a complete newbie to the world of trading, but it fascinates me. I wanted to start with self education, before I begin to trade. I found this book on the internet, and it caught me. For some of the topics I go Google, but hey, I don't think someone may say he became an expert only from reading 296 pages.
It is a great start point, an introduction to the world of trading. So I do think its a perfect book to start with.
Thank you, Markus, for giving it free of charge.

Thank you

Do you know if there is a trading platform like the UK one for spread betting etc

Thanks Markus Nice ebook,

Thanks Markus

Nice ebook, worked perfectly in my case :)

Thanks again!!!

free trading book

Loved the book, read it twice already. Easy to follow, the explanations cleared up many questions I've had. I would recommend this book to all novice and intermediate traders.

I am from Slovakia and my

I am from Slovakia and my English is very poor. But I read it without dictionary. Simply, clear, light to understand with many useful informations. I think a very nice book. Thanks.

ebook cliff notes

Markus, thank you for the eb ook; it will prove helpful... But I inadvertently deleted the email message containing the c-notesm. Please resend.
Thank you,
David

Complete Guide to Day Trading - ebook

Markus,

Thanks very much for this eBook. As a new trader, I found this book the perfect portal to daytrading.  I have learned so much from it and it inspired me to sign up for your Home Study Course (HSC).   As for the HSC, it is beautifully structured and presented and crammed full of practical advice that anyone can readily apply to their trading methodology.  I don't think there could be better value for money anywhere on the web.

Thanks again,

Rell

yes, i have downloaded the

yes, i have downloaded the book but have only had time to scan it a little . i have notice several points that i will be using in my trading in the future to spot trends and reversals on my charts.

will let you know more after i've had timne to read it all.

thank you
rew

comment

good reading so far.

E-Book

Hey Markus,
I have read maybe 1/3 of the book and so far I think It appears to be well thought out and quite useful for a novice like me. I've only invested in a small number of stocks and held them for some period of time . Day Trading would be totally new to me should I try it . This book seems perfect for me. I'd love to read the other book you have out! - I just don't have any friends that I could think of that interested in investing.
Have you heard of a software put out to Fidelity clients called "Active Trader Pro" ? If you make 36 trades i one year they offer it to you for Free. I've aleady downloaded it and looked at it and it seem quite extensive . Any opinions or experience with this? To look at it go to Fidelity.com and use their search engine with Active Trader Pro. Let me know if you could please send me that other book, and also what you think of Active Trader Pro?

thanks it was the best

thanks it was the best boock,very easy to read.
maybe i will try leyder to open a forex acount and start traiding
for the moment i dont have time but shure i will try.
thanks again and keep good work.

I love this book. In two days

I love this book. In two days i have almost read it. I start to think that this book that has all the knowledge you need to become sucessfull trader, what is not on the the book you don't need to know it as a beginner. Also it is very easy to read, it is written in a simple and sometimes joyfull style. Thank you Markus for sharing your knowledge with evryone.

I DOWNLOADED YOUR BOOK

Thank you so much for your email and the attached book. I have read a few pages only but the content makes sense to me. I used to do real estate, but as we know,
It is not an option for the time being.
I've had been curious about day trading for some time, but never had a direction with which I felt comfortable following.
I LIKE YOUR BOOK. I WILL FOLLOW THE INSTRUCTIONS IN IT. Who knows maybe after sometime, You may even see me by your office. At any rate, thank you for your book.

Carlos Montelongo

note: I will do my best to let people know about your company and book.

E-book feedback

I liked your book, it really gives that "practice" touch other text miss.

What I'd add to it, is more "day by day" practical trading shown with examples on how and why you entered or exited a trade. Expecially on Forex the graphical analysis you show, could be easily beaten: Boellinger Bands that in your sell example would instead skyrocket even if the security is trading at their top boundary, hideous fast moving and hard to predict lateral market that stays in 30 pips for 80% of the day (so if you choose not to trade, you are out. If you work you cannot be online in those 1-2 hours a day where there's an actual trend so are you supposed just not to trade at all?

How to deal with the above should be added.

Hi Markus Really enjoyed the

Hi Markus

Really enjoyed the ebook,

I know and understand what type of trader I am and I really appreciate information that required me to think about just what I was reading,

Found your message was clear and very readable.

regards

Howard

Feedback

I think the book is very good but misses some practical trade examples / methods that are easy to follow.

The fun thing is that you made it already and even made it a public video at

"A Simple Breakout Day Trading Strategy"

http://www.youtube.com/watch?v=nby-Ohl2fWs&NR=1

All the book needs is some screenshots took from the above and the transcription of what you say, then it'll be the 101 of basics of daytrading.

EBook

Hi,

I have received the ebook. I want to say thanks for giving away this valuable resource. It has really simplifed the whole approach to trading for me and is filled with wise money management advice.

I am a newbie to trading and I am interested in educating myself to trade in the forex market for starters. Do you provide any services in this area? If so, I am interested in learning more.

I live in the Caribbean (Trinidad and Tobago)and my goal is to make at least $5000US a month. That amount would allow me to meet my needs and goals. I see your book is about day trading. However, based on my research thus far, new traders are discouraged from "day" trading in forex and more encouraged to "swing trade". Does your site have any information addressing this?

Thanks again.

Giselle

I really like the book. It

I really like the book. It cover all aspects of trading and it is really a guide for people who whats to start. But I think professionals can use this book as a reference book as well. Nice work!

best ever on day trading

this is a a must have for every aspiring day trader...it's a good guide, more like manual to be referred to. It's rich, precise, and easy to understand. Thanks Rockwell.

I thought the book was well

I thought the book was well done and it confirmed my thoughts on day trading. Thanks for the book. It will definitely be helpful.

e-book

I'm reading it now. A most helpful publication from what I can see. Thank you

ebook

great book I was just hoping for some day trading systemsas well.

e-book

Hello Markus ~
I did download the e-book, "The Complete Guide to Day Trading." Actually, I purchased and read the book last summer. I found it very useful, comprehensive and practical. I gave it to my son, who is also interested in trading. So I'm glad that I have supported your mission to inform at least one more prospective trader. But I'm sure I won't be seeing my book any time soon, so thank you for the opportunity to replace it with the free e-book. I've wanted to refer to it several times since I sent my copy to my son. Now I will have a handy reference as needed.

I also sent an email to Rockwell Trading today directly from the web site asking whether your webinar series "Can You Really Make A Living As A Day Trader" will be repeated. I was unavailable this past week to attend, but if the files are archived and available, I would be interested in viewing them if possible.

I recently retired and I am exploring whether day trading would be a practical activity for me. In addition to the funds necessary to open a day-trading account, the charting software and brokerage expenses involved with starting up may discourage me.

Thank you again for "The Complete Guide. . .". The clarity is helping me make a well-informed decision.

Best regards, Karen B.

feedback

I am new to day trading, so I don't have a ton of feedback. I do like the overall tone of you can succeed, but don't expect to get rich. I have read the book the futures game and it is extremely detailed, I feel like this book keeps things simple, enough to start. Milk before meat.

The biggest question I have is advice on starting to develop my trading system. There are infinite ways to find something that works for me, but how do you suggest I start? Is there a website I can use to create my system and test? What about live quotes, too? I know there is a lot, but want to know what is best as I get started, very green here.

Thanks for the book and the help.

Steve

Thank a lot for your seminar

Thank a lot for your seminar and the book. TradeStation does not quite have range bars (volatility), so I am not sure what other sideways trading pingpong strategy may be available. Should you know of any please let me know.

Danke,
Ruben

Complete Guide to Day Trading-

I read above book and realy its a excellent one, I wish to downlaod your other
education material free , whenever I revert your website to get more and more
benefits.

Thanks a lot,
Jiemin.

well to start off, i really

well to start off, i really appreciate your e-book, because i am just sick and tired of people trying to sell their fake program or.."free money into your pocket"
personally i am a day trader, and hoping to up my skills. Thx alot Marcus.

Thank you

Hi
I'd like to thank you very much for your e-Book. It's a great help to get the right attitude for forex. Still I'm too afraid to trade because I had once a very bad experience,so I close to quick a good trade and even a bad trade would turn into positive, when I had waited some more.....
I started to read and it’s a pleasure to get through. I think it will help me to change my bad habits.
Thanks a lot and best regards
Felix

Excellent book, will buy the paper version ...

Just have read couple of chapters in the book. I have read something close to 5-8 different books about day trading and at the same time tried to be successful at day trading.
This book contains both the traditional basics and information for a more seasoned trader.
Well done with great content and also the strategy of making it available as an e-book. You will not loose anything on this. I will buy the paper version anyway.

Keep up the good work,
Shahram

Your book

Good Morning Markus.

I downloaded your book the other night and have been reading it. Thank you very much for writing this book. I am a novice and this helps out immensely.

It is nice to see there are still honest people with integrity in this world.

I look forward to researching more of your work and passing your name on to my friends who are interested in Day trading.

God bless and thank you again.

eBook

It is very comprehensive. Great work indeed

Free E-Book

I thought it was very well written with clear concise content. I personally didnt get anything new from it but did read it all and newer traders will benefit from it.

Ebook

This ebook should be required reading. I could have saved thousands in losses had I read it before!

Keep up the good work, you are one of the few honest trader on the net!

I just loved your ebook...it

I just loved your ebook...it really helped me a lot and gave the foundations of being a good day trader... It is the best material I have ever read. THANKS!!!

The Complete Guide

Hi Markus,
Just a quick email to thank you for your e-book. I'm nearly 3/4 of the way through, on my way to a solid trading plan and practising daily. The e-book has been particularly helpful in helping me take action to get started - certainly very easy to procrastinate when sometimes the best way to learn and progress is to JUST DO IT!
I'm really looking forward to watching and learning from your live trading sessions online.
Thanks again,
Olly Wedgwood

Feedback on the e-book

Frankly, I really liked this book. I especially liked the part where trading strategies are explained. So many of them have been explained in fair detail, along with their advantages/disadvantages, that's really interesting. It really shows how much effort has been put in compiling the material.
And to add to that, the fact that it is free, it's an icing on the cake :-)

book review

Downloaded but haven't had a chance to review

ebook The Complete Guide To Day Trading

Hai,

Mr Markus thanks a lot to you for your gift ebook
I am interested in forex so now I'm in the learning process
For your info I already download a couple of ebook about forex from the internet but compare to this one I think it's for me gived complete knowledge about forex for the beginner.

Thanks again

Book Review

Just finished your book and I thought it was Great. I went to the bookstore and wanted buy it in hardcover but it was not on the shelf. Day trading is new to me however i have watched the market for twenty years and had many good calls. I look foward to your online school you have today. Thank You

Complete Guide To Day Trading

Is one of the very best Ive seen yet. Extremely informative. Excellent treatment of the subjects. Real professional job in laymans language. Irwin Godin

Great book

I recently decided that I would like to try day trading to see if I could make a career out of it and ultimately be my own boss and work my own hours. After doing some research about the subject I came across this book. I have read about 80% of it and so far I have been very impressed.

The author is knowledgable and talks about the different markets you can trade in and what the major charactersitics are in each. But all the language is in a very easy to follow style.

Your are helped to define a trading a plan and also reminded about the importance of sticking to a plan. There are also a number of pitfalls mentioned that many novice and experienced traders fall into.

For a free book I am very very impressed and think anyone serious about starting day trading should read it. As the author points out, just reading the book wont make you a successful trader but it will definitely point you in the right direction.

Daytrading ebook

This is a very informative ebook. I am new to trading and what great information this book has. I plan on using all of the information to better my life and well being, it's not a get-rich-quick type of book but a well thought out plan for the long run but will give you insight on how to live more comfortably. Thank you for this great ebook!!

http://www.thecompleteguidetodaytrading.com/

I have been working day trading for about 6 months and this book is so far very very helpful ... I will keep you informed as to my success ... I appreciate you sharing this with all of us who aspire to become day traders ...

also it says there is some bonus materials availible ... how can I get that from your site?

Just a note that I am 66 and do not have a decent retirement (but not retired yet) set aside and will use this to supplement my Social Security ... my wife and I got a couple small inherendences about a year ago and have been fairly successful in returns from the market ... we bought in the market when it was down and when every one else getting out ... my 401k was going down and most of my friends paniced and took their money out ... I left it in, as I figured if I took it out it was gone forever and that happened to those that did, where as mine is back and above my previous percentage ...

anyway again thank you for sharing ... may God bless

feedback on your e-book

Excellent, particularly on psychological aspects and the warnings that day trading is not a get rich quick game. Only other ccomment is that it doesn't cover uk/usa differences.

The complete guide to day trading

Thank you Markus and team, I have studied the book and implemented your suggestions. I am very positive about the potential and am looking forward to excellent results. I could not find the link to the trade tracking spreadsheet. Please send me the link.

E-Book Version Download

Marcus,
I want to Thank-You for several things:
First, for writing the book.
Second, for making it & all the Bonuses exceed expectations.
Third, making the book available in PDF format for free.
Forth, for not being another "gold-digger" that's just trying to get as much
money from me as possible

I had already bought & read the book in Kindle format (which makes the charts difficult) but now I have the charts in PDF.

As a Texan myself, I want to welcome you to Texas - we can always use more Good-Folks like you.

Thanks-A-Bunch,
Wally
214-232-3288
Grapevine, TX

comment

Hi
I have dowdloaded your ebook and I find it very usefull. It gathers in one document subjects that are usually spread among many internet articles. It is very usefull for a novice trader and it is free. A very good way to get more people interested in trading.

Wonderful book!

I've been a long trader, not necessarily a day-trader, but there are a lot of new concepts I should've been aware.

The book has been a great help.

Keep up the good work!

e-book

Thank you for sending the e-book. We have scanned it and found it useful. A large segment of the book contains information that we are familiar with. We were looking to gain an insight into your method of trading so as to help us decide whether to invest in your mentorship program. We like the idea of using volume and price momentum in trading the futures, so we would like to be exposed to strategies that use them.

Thank you again for giving us the opportunity to read your book. We would now like to read the book and study it in more detail.

Free ebook - feedback

Hello there !

Thank you for the ebook you had sent. I think it is well written and very informative. But I think this ebook is good for a total beginner to start off with. Good job....

Raed

The eBook is Truly Good

Hi, Markus

I'm the newbee to trading but i think your book has given me the correct way to begin my study.

Thanks its very nice

Regards,
Jaydeep

Good read Mark, especialy

Good read Mark, especialy your topic on the evaluation of trading strategy.I have been trading full-time for 8 years, and I believe this is paramount to trading success. Its a numbers game!

This book is a must read !

This book is a must read for anyone thinking of actively trading in any market. The book walks through all the basics you should know and understand thoroughly prior to putting money on the table. Sound and proven advice is provided in clear language practiced by many successful traders. It also provides a reference and refresher for those who have taken professional trading courses or already actively trading.

complete guide to day trading

The book is better tagged: An honest guide to success in day trading.

very useful as a biginer.

very useful as a biginer. need to read couple of time to understand. thank you very much for free

Thank You Markus, Your book

Thank You Markus,

Your book "The Complete Guide To Day Trading" has moved my trading forward on a large piece.

Once again, Thank You !

Joseph

It is a good book to read and

It is a good book to read and study. Thanks for letting it download it for free.Greetings.Christo Herselman,South Africa

ebook review

Hi Markus
enjoyed the book, quite a lot of good basic information and a very readable book. The emphais on the reasons for trading and the development of a trading plan was particularly useful. Perhaps one area where the book could have been made stronger would have been the inclusion of a trading strategy. There is a point in the development of a trader say the first 50/100 trades which is crucial. It might have been an idea to have a strategy, it neednt be a great one say one that was liable to breakeven if it was properly applied over a series of trades, you could link this to a website where you review the signals weekly on a couple of markets and those signing up for it could follow along. It would get a beginner used to the actual discipline of trading. However this might clash with other stuff you are running on your website

ebook

I am enjoying it very much and am almost finished. It would be interesting to learn how you go about finding and screening those stocks that you are going to day trade in terms of scans, ect.

Book

So far so good, reading now, lots of good beginner info, thanks!

The Book

It made for a nice reading. Id have to read it two or three more times to fully assimilate the gems that were left in the book. Thanks!

I can understand the

I can understand the psychological stuff, but it looks like it will take some time to figure out the mechanics of it. I think I will buy The Naked Trader to see if that will help. I probably need a more basic understanding.

Thank you,
Lily

Feedback on e-book

Greetings,

I downloaded the e-book (The Complete Guide to Day Trading) a couple of days ago and started reading it. I have to say that I've been searching for comprehensive, easy to follow, and easily understood book and I believe I found one. I am not going to get into comparing it to others. Sufice it to say that I should have read this book prior to wasting my money and time on the others.

Thanks a great deal.

Best regards

hamid

hi Markus, i got your book,

hi Markus,

i got your book, the paper one, a year ago.

it's really a good one, making complex technics simplified.

i really love it.

thx again,

Complete Guide To Day Trading - Feedback

I started to go through the ebook, and what I can say, is that I've found here more helpful and concrete advices than I ever have seen in all the books I've purchased so far ! This ebook sounds clear and precise, no 'gourou' receipt or such things. I think this ebook will we be a major step ahead in my starting trading activity ! I recommend strongly. Thanks to Rockwell Trading.

And just a final tip : do not ignore (like I did) the offer for the free trading strategy courses...I really regret now, after having seen the excellent content of the ebook.

Feedback on eBook

Hi Markus,

Thanks for the eBook.

I briefly looked at the table of contents - it seems to be in-line with some your webinars, which I liked very much. I will buy the hard copy of the book from Amazon for the following reasons:

  1. The book is inexpensive (~$15) so I should really have my own copy.
  2. I don't like reading serious material from the screen (I will NEVER buy the Kindle, call me old fashioned!).
  3. When reading serious material I like to high-light important material on the page and I also like to make comments/add my thoughts in the book margins - something I cannot do with an eBook.

So thanks for the eBook and the webinars; please keep more coming!

Regards,

Irving

 

Guide to Day Trading - Feedback

Very clear and well written. Altough I know quite a lot from what was written about, it sure helped me out clarify a lot points that wer vague for me, and especially, it helped me redefine and re-write a better trading plan. Thanks. I would recommend this book to anyone.

Unable to download

I was un unable to download the e-book twice a time. What can I do ?

Thanx
Pat

Re: Unable to download

Hi Pat,

Sorry to hear that you are having problems downloading the eBook.

Click Here to contact us and we will find a way to get it to you.

Markus

 

Got the book. Have not

Got the book. Have not started on it. Too busy getting ready to open my Feb options. Still waiting for the other stuff that I am paying shipping for. YOu never sent a receipt for that.

Receipt for $18.95 DVD

Hi there,

Thanks for the feedback and sorry about teh receipt. We usually email the receipt within 30 min.

Please give me a call or send an email so that I can get you the receipt.

Talk to you soon,

Markus

 

ebook

very informative

AMAZING

I would of paid for this book.
Everything either expects you to be COMPLETELY clueless or COMPLETELY professional this book is PERFECT i'm new but not stupid and book is amazing. Detailed interesting, written in a fun manner not boring txtbook reading.

Love it half way through and will definitely reread.

I have read the book almost

I have read the book almost completely.
It is a great work tool. The principle of trading are clearly explained and with convincing examples.
Certainly recommended for everyone.

Complete Guide to Day Trading

Markus,

I have received your Complete Guide to Day Trading book and have found it very helpful in my understand day trading better. As of now I am only on page 152 but have found it hard to put down. I have only been studying day trading for about 1 year now and feel this is going to go a long way towards my success.

Thanks,
Mitch

hello i did get the book

hello
i did get the book thankyou
did not start reading it yet will start in the
next couple of days,just want to finish the research
i am bussy doing.
will get the cds aswell thakyou.
frans

Trading e-book

HI!

I have seen through the ebook I found very informative of great value.Understand the

critical issue of money management to be successfull in Futures Trading .Looking forward  to the homestaudy course underway I assume.

Thx

Lennart

e book

Thank you for the E book, currently to page 104, very enlightening. Your section concerning money ratio per trade is the first time an author or instructor has laid out the 50% formula in black and white. Today, I am trialing the 3pt limit to 2pt stop scenario in a paper trade account.

Thank you, I am looking forward to the balance of the book.
Mike

The complete Guide to Day-Trading

Thanks for the book mentioned above!

I shall the convey my comments on perusal of it .

Thanks once again!

Sincerely yours,

Chandrakant Trae

E Book Reading

Dear Markus,
I took the time to read your book,and to be quite frank, was probably one of the best written explanations of what it takes to become a trader and to make a living at it. Last November I opened an account with infinity/TransAct(Marko) and spent very little time on their wonderful simulator and went live in December, and within 2 weeks proceeded to lose 20% of my account. I immediatly put the brakes on and went back to the simulator. Between Jan. of 09 and now 1/15/10, I have been practicing and building a system that I have confidence in and probably fell into the trap of becoming a professional paper trader. I realized that the system was the least of my problems. What destroys a trader or would be trader is actually all the crap that has been put into our minds.It has taken me this long to finally believe enough in myself along with many other mental adjustments to go live. Your book actually was the final extra push I needed. Thankyou so much. Javan W Marks

Re: E Book Reading

Hi Javan,

Thanks a lot for your email and your feedback.

Javan, I am glad that you pulled the plug immediately and switched to paper trading. Too many traders just keep trading, and then they lose 80% or more of their account.

And you are right: There's more to trading than just having a trading strategy. I am glad that the book could help.

Please do not hesitate to contact me if there's anything else I can do for you.

Markus

 

Thanks A Lot

Hi Sir,
First of all I would like to thank you for providing such a useful information to day traders and that too free of cost in the form of ebook.As far as your book is concern it has been an interesting journey so far.But till now I have read your book only upto page no 59.And I am looking forward to finish reading it by the end of this week.But so far whatever I have read has helped me clear lot of myths regarding the day trading profession.Once again I would like to thank you for providing such a useful information and I will be eagerly waiting for some of your new techniques and crucial information on day trading.
Thanking You.
Vishal.

thanks

Hi,
I have downloaded the day trading ebook just a day before and still reading it. I am an active day trader. I am reading your book and I am sure it will greatly enhance my trading skills. Thanks for writing such a useful book. It will greatly help the aspiring and the novoice traders.

Regards,
Apurva

EBOOK

Dear Markus Heitkoetter,

I am really happy to read your book. I am on the point of finishing it as the book flow is superb. Well i am new to trading, and by your book i have got a good explanation on what trading is actually and what are the mistakes traders do. So i would say your book will really help every trader. Now I have to put on practice what i learned from your precious book.

Please send me strategies if you have, because i really want to be a success trader, as i am motivated by yourself, who was a director of IBM, but left the job for professional trader and today you are a satisfied human being and know how to use life.

Regards
Kumar

ebook comment

Hello,

Thanks for providing the ebook. I have read most of it. I have been trading for over a year. Still not consistantly profitable.

The book was valuable to me in that it identified/emphasized some things which I already know about but needed reminded of.

I know what my problems are and they all have the D word at their core, Discipline. I am pretty embarrassed by my situation. I have spent a lot of time and money on trading books and classes. I guess if I get embarrassed enough I will either quit or fix it. Your example comparing trading books to diet books was valuable. I could benefit by losing thirty pounds also. I guess so far I haven't wanted it badly enough. But I also see that I did not go about my weight loss attempts in an organized manner. I need SMART and a journal.

Anyway, about trading. The first trading course that I went to was Pristine. I discovered that the majority of the people there were in love with the idea of trading. They went to classes but were not successful traders. They share with me a traditional trading demon that I call the "need to know more." It works like this. I love the "idea" of trading. It represents my dreams. But if I trade, I lose money and this destroys my dreams. But it feels good to look at new ideas, trading strategies, money management ideas, anything but doing the hard work of trading.

Actually, I'm not having too bad a day so far. I trade the EURUSD. I scalp it. I usually try for 10 pips per trade. Today the market is difficult for my strategy. I need either choppy or trending but I need the market to make at least 20 pip swings and today it has been grinding up with 10-15 pip swings on the one minute chart. I'm up 4 pips after just taking a 7 pip loss. But I feel pretty calm. I've got a chance to go long again at a lower price but I am passing because the higher time frame is acting toppy.

So I was right, EURUSD just dropped 60 pips so far made 7 pips on a countertrend trade and then lost 8 on a trend trade with a too tight stop then made 15 on a short with the trend so up 18 pips for the day. Of course I missed all of the big move. My system is not designed to catch those but just to profit off of the volatility that they cause. Waiting for another set up. Daily goal is 25 pips. Oops, just checked the clock 1115est. time to quit. Low odds from here on out. I would have had my 25 but I was cautious on the last trade. I made two entries but had a small stop and cut the profit target on one lot to 5 pips. The trade went 6 pips lower than my lowest take profit, oh well. If it was easy everyone could do it.

Perfect setup now for another short but I'll stick to my plan and call it a day.
And that setup just stopped out. I would have lost 10 pips and it would have been the 2nd hardest part of the day to try and make it back.

I liked your idea of having a weekly goal. My weekly goal is 85 pips. To meet my financial goals I would need to have 100 times as much money in my account as I do right now. I could put that money in there now but I would have to take it out of an IRA and pay penalties and there is no point in doing it now because I am not consistent enough. Better to slowly build this account for now.

Thanks again for the book,

I will work harder to implement my plan,

Archie

About e book

I have downloaded e book day before.I have read Trend Lines only - Amazing and woderful.But due to time shortage i could not go through entire book. Shortly let you know full comments.

e-book

Markus,

I enjoyed the ebook and the strategy video you sent a few days later. I'm just beginning to trade and I appreciate anything that I can learn from.

Thank you.

Great support! Thank you for

Great support! Thank you for the summary of the book and looking forward to finishing the reading.

E-Book

Book is good so far, easy to read and understand. I like the straight forward approach.

Thank you,
Keith

Day Trading e-book

Hi there I have strated reading your e-book. It is very interesting. I have no previous knowledge of Day Trading and only got to hear about thru a friend who has made it his hobby over the last 30years, he is self taught. So here I am single, at 51 yrs old and living in a foreign country after my husband moved back to his homeland and disolved our marriage. I need a source of income to build myself up again after losing everything and also so my kids stop worrying about me, they have had to send me money cos my salary does not cover living expenses, not that I live the high life. Thank you and I look forward to benefiting form this. Kind Regards Elaine

feedback for "the complete guide to day trading"

I am a fresher in trading and I have been reading some books. Yours one is one of the best books for day trading, especially for me. It has explained to me some very important technical indicators unlike others. To the point and very easy with charts. Its great to find a book like this one for "free"

eBook

Hi Markus,

I think your eBook is very well written. I've read about half of it and plan on reading the rest soon. It helped me understand the futures market. The eBook taught me some things I didn't know. Like having two different trading approaches. One for sideways market and one for trend market. I like the Bollinger Band for a sideways market and the MACD for a trend market. I am a beginner at trading and appreciate the help you have given me. Do you have free dvd's that I can watch called "Can You Make A Living Day Trading?". I tried to get them from your email but it didn't work.

Thank you,

William J. Lewis

Feedback on eBook - "The complete guide to day trading"

Thank you for the ebook. I've gone through most of it and it confirms what I have been taught. My interest is in trading stock options on the US market but I am an intraday trader and not a day trader. Even so the ebook makes a number of very valid points and I am using it to hone my trading plan.

Once more thank you.

Regards

comment on ebook

its a wonderful book.you can publish some more books on the trading aspect-the indicators specially.

The-Complete-Guide-To-Day-Trading

I wish to inform you that I downloaded your free e-book The Complete Guide To Day Trading. Thank you for supplying it to trader community. Still reading so cannot comment on content.

Regards
Adam Nikic

E-BOOK

I found this book very usefull and easy to understand.
Thnks Zvi

Very succinct and well

Very succinct and well presented. A must for all newbies and I suspect a large number of us less than than average traders.

eBook on The Complete Guide to Day Trading

Hei Markus

I did download the ebook and it was fantastic. You have "pluck the fruits removed the skin, squeeze the juice. All I have to do is drink it. It certainly make it very much easier to the digestive system. How else can I describe it. I certainly would recommend to any newer comers to trading. Its certainly cuts all the "BS" and goes straight to what matters most. I have always recommended trading sites to new traders. This certainly would be another book that I would share others. If its OK with you.

Many thank Markus.

Have any more?

Kind regards
IqbalYusoff

Read your eBook

I have done a quick read through and really like all the excellent information you have provided. Now the harder part of actually doing the work necessary to become a successful trader.

Thanks so much,

Marvin

About the free DVD's

I would very much like to get the free DVD's, however I live in Mexico and I am sure that they can not be shipped for the price you are asking. I will probably not get them at all with the mailing system here. I am happy to pay more if I can get them on line somehow, or they may have to be shipped UPS.

Thanks for your help,

Marvin

Re: About the free DVD's

Hi Marvin,

Thanks for the feedback.

The shipping and handling cost for the DVDs is $18.95 within the USA and $28.95 for all international orders, including Mexico. So if you would like to get them, just go here, click on ADD TO CART and select International Shipping:

http://www.rockwelltrading.com/free-ebook-final-step

Hope this helps,

Markus

ebook

I have started reading the book and am positivly impressed with what I gave read so far.

Re: "The Complete Guide to Day Trading"

I started reading your e-book, "The Complete Guide to Day Trading" & liked so far what I read. So I decided to get your Trading For A Living Home Study Course. I hope I am not disappointed.

comments

It is a good overview. It's a good base on which to build - for serious traders.

dh

I just received the ebook. I

I just received the ebook. I just started reading. It may take a while but at least I have a starting point. I've been trading and have not had much success. Now I can start with a plan.

free dvd's

Yes I did order it 2 days ago and am waiting for it now. I think you said it takes about a week to get here. I'm looking forwaRD TO GETTING IT ,FOR SURE.THANKS. Bill.p.s. havn't had time to read the e book but will make time verrry soon.

Feedback on Free E-book

Dear Sir,

I have no habit of writing comments but i am so much impressed by your free book that i am writing it. I found your book very good guide for day trader honestly speaking i read many books and spent good amount of money on trading education.
Till date this much simple and well explained book i did not got. All books are committing high and delivering less and you gave it free.
Now i am interested to learn day trading from you as full course to trade with full confidence.

Thanks & Regards
Kaisar Imam
Jeddah
Saudi Arabia.

FX Trading

Hi Markus,

It is not often that you get anything worthwhile on the Internet. Your e-book is the exception.

Having tried to make a success from fx trading for ±4 years with little success and spending a fortune in doing so I finally stumbled onto Bill Poulos's 'Profit Accelerator'. Like you, Bill is not a bullshitter and his end-of-day trading methods work for me. My wife and I escaped the political chaos in post apartheid South Africa with 2 suitcases in 1998 and came to Ireland where, at the ripe old age of 60, I landed a job on an idyllic private estate. The wages are abysmal and there is no pension so you can see that I have a good incentive to make this business work for me.

If its not too late I'd like to order the trading book you offered (for handling and postage) at the end of your video. I've bookmarked your homepage to share with my son (living in Dublin). He works for a major bank where all the IT staff were recently informed that none of their jobs are guaranteed due to the economic shite that the country is in thanks to greedy bankers and property developers.

Servicing the interest only on money borrowed from the IMF to keep our bloated bureaucracy afloat is costing Ireland €10 M a day!

Again thanks for a down to earth look at trading.

Best wishes,

Basil Croeser.

feedback

Hello,
I have downloaded Your ebook.
I have began to read it an I appreciate it.
I hope it will move me forward.
Thanks a lot.
Wish You all best.

The complete guide to day trading

Dear Markus

I am half way thru your book and I think it is very informative, I intend to put to practical use of your methodology and will let you know whether it works anjd definitely thank you for the free book.

Brgds/John

Ebook

Tank you Markus your ebook his fantastic i love it i'm beguiner never yet dit i trade for real i have a demo accompt and i hop one day weel bee for real the probleme ice money to start.So Markus have a good new year you and your familie.
Claude

e-book

Yes, indeed, I profited from your offer to download your book. When I have caught my breath, I shall go on from where I left off on page 189. I had planned to write to you once I had finished, but, as you insist, I can already now say that, on the whole, in its composition, scope, and clarity, it by far superseds anything I've previously read in the field. Even taking the few errors which are likely to be of a typing character into account, it has been a pleasure to read and I sincerely believe I've learned something. As to the rest, I shall have to pass at the moment, but hope to have an opportunity at a later stage. Thank you, and best wishes. Finn

templates

muchas gracias for the ebook and the information in it that you have so generously shared

regarding the bonus materials mentioned at the end of the book . . . probably going out on a limb here, but i have not been able to locate them

are these materials only available to those who actually purchased the book ?

good health to you & the family,
thin

Re: Templates

Hi Thin,

Originally we only made the bonus materials available to book buyers.

But what the heck? - Just contact us and we will email them to you.

Talk to you soon.

Markus Smile

 

Very Informative

The main thing that I learned from the book is that I am on the right track in my trading.  Very informative. No hype.  Thanks.

Your Free e-book

I have read your Free e-book complete guide for Day Trading in one sitting.

It's a great work. I got many tips and ideas from that book.

It's so nice of you that you gave it free.

Now I am planning to read some of the books recommented there.

My heartfelt thanks.

Jaison V. John

Ebook " The Complets Guide to Day Trading

Not read it all yet but what I have read I found very enlightening and would recommend all budding traders read this.

Complete Guide to Day Trading

Dear Marcus:
I have you book, unzipped it, and have begun to digest it. I have been a longer term investor, so I have quite a bit of learning and trials to do before jumping into the deep end.

Thank you you for the opportunity to gain an insight into what is involved.

Willard

ebook

Thank you for the ebook. I haven't finished reading it yet, but I have been working through the trading plan with the template and I find it is helping me get a better idea of what I want to do.
Thanks again.

Complete Guide to Day Trading

A superb publication. An easy read yet covering the entire spectrum of trading in exquisite detail. Everything clearly explained and soundly reasoned. I love this book. Many thanks.

eBook

I am new to forex trading and I found your eBook to be very well written and most informative about general data which covered all aspects of general trading.

Thanks for the book.

Regards,
Tom

feedback

Thank you for your unselfish gesture.

Your e book is very educational. I will consider it in my next tradings.

I will report to you the results in 6 months. Hopefully by then I have earned alot of profit.

Thanks again.

ebook

HI,
YES I HAD ALLREADY READ IT....EXCELENT.
I ALLREADY SENT YOU MY OPINION TO SUPPORT E MAIL....AND ALSO I MADE YOU AN OFFER

EUGENIO

Feedback on your ebook

Dear Markus,

Thanks a lot for your ebook "The Complete Guide to Day Trading". It is a great insight and a very practical step by step guide. As I work 10 our workdays I finished up to now only 1/3 of the book. But I press forward diligently.

Best regards,

Tamas Turi

eBook

Markus,I always think there is no such thing as a free lunch. I have spent 10s of thousands of dollars on trading seminars, bootcamps, webinars, books, etc. I got more from your eBook than all of the others combined. That may well be because I have got some previous knowledge anyway.

I haven't completed your book at this stage so I may be premature here, but you haven't mentioned a trailing stop. If you set a profit target to close your trade and the price goes way beyond your exit, you can feel quite unsettled.

Thank you for the chance to improve my trading experience.

Regards,

Kevin

TCGTDT book feedback

Thank you for allowing me to download the e-book The Complete Guide to Day-Trading. I reviewed the text and offer the following based on my prior education and trading. The text provides solid guidance to the new trader. It is written succinctly and guidance is direct and easily understood.

ebook

Good day Markus

Thanks for the book and I did found a lot of good info in the book
I did not complete reading the book bud sure I will
My most interest was the part you explaining the Trent lines
I do have some questions to ask on Trent lines
You explain not to move the line watt I found is if I move my line until you get a triangle the up and down movements get smaller and move in to the end of the triangle this means a break out will start soon
I see this all the time happened the currency pare gets weak and have to start a gain with big up and down movements until it ends up a gain in to the Conner of the triangle
Thanks for the video its good

Regards
Hendrik

book review

This was an interesting and inspiring book for a beginner like myself, but I didn't learn what I wanted to know the most: when to get into and out of the market, and how to trade when the market is headed down. Is there any chance someone could answer these questions for me?

Also, I'm using a mac, and available platforms aren't compatible with my hardware, so I feel as though I'm at a BIG disadvantage during live trading.

Other than that, thanks for the great job that you all do!

A guide to day trading.

Dear Marcus,
I have now read your book " The Complete Guide To Day Trading"
It is excellent reading with precise descriptions on" How To" in every chapter. I will now go back and study the areas that cover Forex trading in detail, to fill in any gray areas in my trading.
Thank you for the offer to download your book. It will always be in my bookcase for ready reference .
Currently I am with Beacon Learning Group Mentoring and advising. When the contract is completed and I have been trading live for a while ,I may refer to you if I have any difficulties to solve.
My regards Vitilize+ ( Evan Upritchard. )

E-book

I have read one third of the eBook and up to now I am finding it very informative and easy to read. I await my postage paid DvD with enthusiasm.
If the quality of the book continues I can see myself trading very shortly
congratulations on a super ebook.

Excellent book. It reveals

Excellent book. It reveals how to really succeed in trading. Highly recommended!

The Complete Guide To Day Trading

This isn’t a superficial book, but an in depth guide to trading. I picked up an enormous amount of information from it just reading through it once. It merits studying in depth. Thanks Markus for making it available to us.

Very Good Book

This was a very insightful book. I really enjoyed, and picked up a lot from it.

Re: The Complete Guide To Day Trading

First off I want to say Thank you for providing your e-book for free. I have read the book and will probably re-read it again and also check out the other recommended books. The book contains lots of useful, valuable information and definitely provided me with insights I wasn't aware of. So again thanks for the e-book and thanks for sharing. On another note I would like to know if there are any NDD MT4 broker platforms that you would/could recommend or where I could find a listing of these types of platforms? Thank you.

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