How to Day Trade for a Living: A Beginner’s Guide to Trading Tools and Tactics, Money Management, Discipline and Trading Psychology (Stock Market Trading and Investing)

*UPDATE (Originally reviewed in 2016/2017; this is my review as of 2020):I think the headline speaks for itself. About 5/6 years ago I was floundering about calling myself a "swing trader." I'd heard about "day-traders," but never really attempted to peek behind the curtain to see what "it" was all about.I decided to read a handful of books on the topic; a self-education of sorts. I read books written by some of the most "prominent" authors who regard themselves as Traders; William O'Neil, Toni Turner (phenomenal author), Peter Lynch, Ray Dalio, Mark Douglas, and a few others were part of my "education." All were informative for a guy like me, who -- at the time -- knew relatively nothing...One of the books I stumbled upon happened to be this book (How To Day Trade For A Living; Andrew Aziz). Andrew was the first author I'd read on the topic that cut through all the fluff and got straight to the point. I would, in essence, describe his book as a summary of all the other books combined; a little less "hefty" in the arena of details, but MORE powerful (presumably due to efficiency) to the reader as a result. More of a "guide to actually starting your trading journey," as opposed to the other books, which were more of a "hey, look how smart I can sound while rambling about irrelevant things necessary to become a trader."Anyways... One of the things this author (Aziz) did in his book was offer a link to his website and chatroom. Initially, I figured it was just a sales-pitch to rope me in to a perpetual revenue stream (for him), but I decided to take the bait. I was really committed, so I wanted to see what "it" (day trading) was really about; and if it took visiting a website and/or chatroom, well -- so be it (I guess). I think it's important to mention that I've read too many books on the topic to keep track of (probably about 30, or so), and MOST of the authors on trading/day-trading/swing-trading ALSO include links to their websites. Frankly, after I learned to put my skepticism aside, I realized that NOT including a supplemental resource (such as website) was doing the reader LESS of a service than the other way around.I digress...My first impression with the "chat room" was "this ain't for me!" lol... I think my interpretation/assumption of what a "chatroom" would entail wasn't what I got. Instead, I saw a guy with a few charts and scanners, telling people when he was entering/exiting trades, then spending a few minutes thereafter with us (the chat minions) discussing "why" he made certain decisions, and so on. I closed out the chat window, and didn't think about it again for a few weeks......and then I realized...after those few weeks...that I was still wandering about hopelessly, and that somebody (like Aziz) who was effectively pulling back the figurative curtain (on his day job), via a "chatroom," was EXACTLY what I needed. I stumbled back into the chatroom after that epiphany, and have been a full-time day-trader ever since...I don't visit chat very often these days, but I can say, unequivocally - and based on EXTENSIVE personal experience -- The book this guy (Aziz) wrote, the website he hosts to this day, and yes -- even his chatroom -- are ALL more valuable than 99% of would-be daytraders will probably ever realize.With all of that said, let me be very clear about this: I have been a full-time trader ever since reading his book, and frankly -- I genuinely believe reading his book was a catalyst to developing the trader I've become. Andrew gave me the down and dirty education via his book (without the fluff), a first-hand look into the world of day-trading (via his chat), and will ALWAYS be regarded as a "pillar" to the successes I've found in this world.I don't know any other way to put it: If you're looking to get involved with the world of trading/day-trading, read this book. You'll be glad you did...Have a great day everyone; stay humble; STAY GREEN!

First after reading this book some people love it and some think it simple. Yes, it can be both. I found the book so simple that I was compelled to buy time in his chat room. My thought was, maybe it is just that simple or it could be something I’m missing and it’s actually complex. After a few sessions in the chat room watching someone monitor the market and listen to why buying and selling decisions are made, one way or the other, I decided to purchase three months time in a trading simulator exactly like the one used in the chatroom and connected with a feed just like the exchange floor. After 4 weeks of daily trading I became disciplined enough to start making smart trades and to get out of a trade properly.It’s a business. You are buying and selling a product. Reading this book, putting in training time and practicing your training is no different than any other profession. It’s all about knowing when to get in, when to stay, how long to stay and when to get out. We all know that a lot of business startup’s fail because they didn’t do their research on location and product offered. This is your opportunity to do the research on a specific type of day trading. I am opening my brokerage account and feel confident that I can make money doing this. When I say make money I’m talking 50K range not millions per year.And for those that don’t like this book because it seems “negative” that’s because it is compared to other books that put a nice pair of rose colored glasses on your face and tell you anyone can do this and how you will make millions. This book, the morning chat room, the simulator are all real world and a lot of potential traders lose money because they don’t put in the time before they put in their money. Be smart and learn to do it properly first….or you could just send me your money and save yourself some grief.This is what I consider to be a successful trade. I did my research in the morning before the market opened, this was one of my selected stocks for the day, spent time in the chatroom, we discussed trade possibility for the day, a list was compiled and based on all that information I shorted this stock for a quick $500 then got out for the day.

I’m not going to take the time to return this book, but It had a severely painful start. The incoherent writing structure and monotony made the read intolerable. I would usually read this anyway, but it was pure torture. The flow is terrible, and "breaks" your focus when it suddenly shifts or changes direction. Like reading a book written by a drunk investor that wants to brag about their money, and "drill" their ideas into your head. This book was utterly upsetting as I really would have liked to of had a book that taught the basic rules, software, and guidelines for navigating the trading process. Then maybe briefly discussed the Psychological and Technical aspect of determining which stock to buy. "HOW TO DAY TRADE FOR A LIVING" attempts to direct you to Aziz's trading network and lead beginners into the sheep's pen for slaughter. I apologize for the harshness, but this ruined my morning reading time so much I decided to spend the remainder of my reading time reviewing the book here. DO NOT BUY.

I bought the book and signed up for his membership. I've had on and off success, but with my latest run I told myself I'd stop after a certain amount of loss. Well, I hit the loss. I'm okay not pursuing day trading any more even though I do love the thrill of it.Andrew is a great trader, but I do want to caveat a few things. Yes, I did "lose", so this review might be a little bit more on the negative side, but I feel like people don't hear about the negatives of day trading enough.Andrew is good at what he does, but I think his chatroom helps him succeed even more. First, he does show all his trades which is awesome. But as I participate in his chatroom, I wonder what kind of success rate he has. We all heard the stat that 97% of day traders fail. So, does Andrew beat that percentage? Is there a higher success rate with him?I've seen a lot of members come and go, and there are very few stick around. Brian seems like he's consistent, but seems like he trades with small share size and doesn't show his P/L. Carlos a year ago said he traded full time, but he slowly stopped posting recaps and when he did, the P/L was a lot lower than when he started off. P/L isn't everything, but no one posts consistently. He teaches day trading for a living, so I'd love to see some success stories. Other notable names are Robert H, William that I haven't seen for awhile. The newer guys like Thor or Aiman seem like they are doing well now, but no daily recaps and I have a suspicion they have really bad days as well.Which brings me to my final point. He denies this, and even comments about low float chatrooms, but his chatroom has the potential to change markets. Let's do some math.On a given morning there are ~700 members and only continuing to grow. Let's say half are live. I don't know the numbers, but let's say that's the case. All hypothetical, you can change it however you want. 350 are live. Let's say half of the the live folks follow his trades. 175 people. Half of those people (~87) take small share size, 200 shares. Comes out to 17,500 shares. Half of the remaining half (43) people take share size that can net them 100-200 dollars daily, 400 shares so another 17,500 shares. Again, these are on 20 -30 cent moves, scaling out. Now, there are 43 people left. Let's say 30 of them take 1000 shares, which can make 200-400 a day. 30,000 shares. Then the remaining 10 or so people take 2000 shares, which is still a lower amount then Andrew's buy in (he usually buys in AMD/MU w/ 4k shares). Another 20,000 shares.Total ends up at 85k shares, all after Andrew enters with his 4k position. All of them are hitting the ask, moving the price higher. Now, I think I went a bit conservative, but we can even take a lower number than that, 50k shares. Every time he enters a trade, he has 50k buying power right behind him. That makes a difference, right? This is all in a 1-2 minute span and depending on the Overall Volume for the 1 minute candle stick, it can be a big portion of it. I understand some 1 minute candle sticks are 500k. I also know that some candle sticks are 100k or 50k. Having people enter right after you will have a TREMENDOUS effect. If you watch closely at the Level 2, you can see the order flow and time/sales change after Andrew enters.That doesn't even account for all the other people outside his chatroom seeing the volume flow in. That also doesn't account for people who aren't following Andrew in the chatroom (but are in the chatroom) but see the same pattern he does without hearing the callout. I believe Andrew pushes patterns to come true, and other people follow. How many people are impacted by this indirectly? No idea.Now, is andrew a good trader? yes, he seems disciplined, able to read the market and jump out when needed. You will also often see the stock crash once he jumps out long lol. Do I think he could make a living if there was no chat room, yes. But I would love to see him for two weeks trade with no chatroom. Just post recaps. I could eat my own words.I still think that ~50k shares following him does help him a lot. Best of luck to new traders!

I'm a very experienced day trader of over 20 years. With the coming of HFT and other changes, it has been necessary to adjust my methodology. Scanning for stocks in play and trading unknown stocks is an approach I have resisted for my entire career but I think I have to go there now. I won't do it without a solid method/plan and a hard set of rules. I'm not too proud to look at a "beginner" book to figure out how to do this. This book is exceptional. It gave me what I wanted and I will build on the information using what I already know. The author is an engineer and being of a methodical/mechanical mindset myself, I was happy with the way he laid it all out. There is also good information on other topics for real beginners such as the importance of risk management, emotional control which are important.I will recommend this book to people who ask me how to begin day trading.

First after reading this book some people love it and some think it simple. Yes, it can be both. I found the book so simple that I was compelled to buy time in his chat room. My thought was, maybe it is just that simple or it could be something I’m missing and it’s actually complex. After a few sessions in the chat room watching someone monitor the market and listen to why buying and selling decisions are made, one way or the other, I decided to purchase three months time in a trading simulator exactly like the one used in the chatroom and connected with a feed just like the exchange floor. After 4 weeks of daily trading I became disciplined enough to start making smart trades and to get out of a trade properly.It’s a business. You are buying and selling a product. Reading this book, putting in training time and practicing your training is no different than any other profession. It’s all about knowing when to get in, when to stay, how long to stay and when to get out. We all know that a lot of business startup’s fail because they didn’t do their research on location and product offered. This is your opportunity to do the research on a specific type of day trading. I am opening my brokerage account and feel confident that I can make money doing this. When I say make money I’m talking 50K range not millions per year.And for those that don’t like this book because it seems “negative” that’s because it is compared to other books that put a nice pair of rose colored glasses on your face and tell you anyone can do this and how you will make millions. This book, the morning chat room, the simulator are all real world and a lot of potential traders lose money because they don’t put in the time before they put in their money. Be smart and learn to do it properly first….or you could just send me your money and save yourself some grief.This is what I consider to be a successful trade. I did my research in the morning before the market opened, this was one of my selected stocks for the day, spent time in the chatroom, we discussed trade possibility for the day, a list was compiled and based on all that information I shorted this stock for a quick $500 then got out for the day.

Well in my review, i am going to pick apart a misleading review by S.R. that has been trending lately."The most recent edition is thicker (not thick enough to justify the price increase from $8 to $30), but the new contents are mostly fluff, and it has more self-promotion of the author's website and trading chatroom than the first edition."1. If you are trying to run a business, you need to market your business. Nothing wrong with that and if you take your business seriously anyone would do the same.2. Since there is competition for chat rooms for trading, you need to stand out. Nothing wrong with that and again if you take your business seriously anyone would do the same.3. It's by far much, much less self-promotion than most of the stock trading books out there. For example, "How to Make Money in Stock" By O'Neill is A LOT of self-promotion. This book doesn't even come close to this. In Andrew's second book, Advanced Techniques in Day Trading, the self-promotion is minimal."I had noticed this self-promotion in the first edition, but it didn't bother me because the chat room was free for everyone to join. Then suddenly the author started to charge to join the chatroom ($29/mo) and most recently $99/mo. The $99 membership does not even include access to his trade-ideas scanner anymore (which I thought was the most valuable part of the room)."1. Just like all businesses, you start of at lower prices to obtain momentum and customers and as the laws of supply and demand come into motion, you adjust accordingly. Penalizing Andrew on this point is silly as since he is providing great value for the prices he charges and what you get to provide a chatroom where he trades LIVE, that requires the appropriate servers to make this happen in high resolution. That isn't necessarily cheap. FYI, there is a lot more you get for what you pay for than i mentioned here. Check it out for yourself."So the once humble sounding Dr. Aziz (he likes to talk about his PhD) fell in the same trap as con men like Ross Cameron from Warrior Trading and others who pretend to be helping you, but in reality are only promoting their business."1. So Andrew is supposed to be a altruist day trader providing the highest quality day trading material and experience out there for free and NOT self-promote? Does Mark Cuban do that with his company? How about Jeff Bezos with Amazon? How about Steve Jobs or now Tim Cook at Apple? The answer is NO. You promote your business because you believe in what it can provide your customers is worth something of value and that you can help people. Andrew does help people just like others out there like them educating people on this topic. He also shares his trades everyday so you see when he looses and when he wins. That's ideal transparency and humbleness is it not?2. He mentions it because he is proud of it and there is nothing wrong with that. Obtaining a PhD is incredibly difficult and lot's of people drop out of PhD programs because they can't handle it. Bagging on him for this is silly. He talks about it to explain why he became a day trader so he can use a skill for a lifetime to earn income without being at the mercy of a corporation that one day could lay you off unexpectedly. That in itself is why learning how to trade the stock market is a valuable skill to learn."Also, remember that you can't day trade like Dr. Aziz unless you have at least $25,000 in your trading account, which is not realistic nor recommended for beginners. I've been swing trading for over a decade and only in recent years I started to day trade. My biggest take from this book was the potential benefits of a high frequency trading platform such as DAS."So many things wrong with this statement.1. Really? $25,000 is unrealistic? Let's use math to show how "unrealistic" it is shall we?Let's say you make $50,000 in CA and after taxes, you net around $40,100. You decide to save roughly 20% of your NET monthly income (~3,300) per month which comes to around $700. If you just saved that in cash and not in a high yield savings, it would take ~2.75 yrs to save $25,000. That is definitely doable. Considering that most people invest by buying and holding over long time scales (30 yrs), that's not long at all.Let's say you make $75,000 in CA and after taxes, you net around $55,500. You decide to also save 20% and ultimately you save around $925 per month. Again, same scenario it would take 2.25 yrs to save $25,000.Same scenarios but you save 35%:- at $50,000 gross income ~= 1.75 yrs to save $25,000- at $75,000 gross income ~= 1.25 yrs to save $25,0002. High frequency trading = many trades per second, sometimes even millisecond and based on high performance computing algorithms. For the purposes of day trading without algorithms like Andrew and many, many others use it for they are trading on longer time scales (typically minutes). DAS is a multipurpose platform and not just for HFT and Day trading. The reason why people like it is because it's one of the highest rated platforms out there."Now I use DAS to trade options which I think is the smarter way to day trade. So if you want my advice for day trading follow these steps:1. Go ahead and give Dr. Aziz PhD the $30 for the book. The contents are not bad for beginners. Focus mostly on technical analysis and patterns."- The first actual useful comment so far. Congratulations."2. Don't fall for his chatroom and membership trap. Instead, buy a 3 or 6-month prepaid level 2 simulator account (with options) directly from DAS for $450 or $900."- Terrible advice. Just like with virtually anything else, if you do something alone in a vacuum, you are likely to be unsuccessful. The stock market is where the best minds in the world flock to work in and you are competing against them. In order to be successful, you need to learn to get in and out of when they are making the moves in the stock.- It's not a trap. Nothing wrong with joining a community of traders to learn and grow from. There is a reason why many people join trading chat rooms like Andrew's."3. Watch the DAS tutorials on YouTube and practice trading with options for 3 to 6 months. If you need help with options, check out Sky View Trading Options videos on YouTube."- Watching DAS tutorials is nice, but it won't be as productive to do that and trade alone.- I'll get to the Options thing in a minute. This is where i'm really going to have a field day.- I have looked at Sky View Trading Options. Wasn't impressed. You are much better off going to the primary reference that serious Options traders use: Option Volatility & Pricing: Advanced Trading Strategies and Techniques by Sheldon Natenberg. It by far the best resource available since it provides a reference list for beginner Options trading books to the most advanced ones available. Sky View Trading Options won't provide you the level of education you would get from this book and the references it provides by a long shot."4. Find good trade setups in highly liquid stocks such as AMZN, GOOG, BABA, etc. Unlike common shares (what Aziz PhD trades), options trading is best with mega caps stocks because there is little spread. Trade them everyday for 3-6 months and when you can win consistently, open an account and trade with real money."- This is the worst advice i think i have ever read:1. Trading mega caps alone is not going to be beneficial. Day traders and swing traders, like Andrew and others, use Trade Ideas (or Finviz or both) to identify "Stocks in Play". What are "stocks in play"? Stocks in Play are stocks that have had a big change in price, up or down, that is being driven by some catalyst whether that be news, earnings, a natural disaster, etc. Stocks in play can be small - mega cap stocks, but the market cap of the stock isn't as important as the stock's float. Andrew and others trade stocks that have tight spreads and have adequate float as in these conditions, they are also liquid like the mega cap stocks. A stock doesn't have to be a mega cap to be liquid and therefore tradeable. I frequently trade small - large cap stocks with appropriate float and tight spreads often and i make money too.Well, this is where it's about to get interesting..."Unlike common shares (what Aziz PhD trades), options trading is best with mega caps stocks because there is little spread.""Why trade options? With options you don’t have to risk too much capital. You certainly don’t need to have $25k and a margin account to make a living from trading. I’ll give you an example. When Aziz PhD takes a trade, he risks anywhere between 30-100k of capital (some of his own and some borrowed money), to make about $1000. I use these numbers because I’ve seen his trades. With options, you can make the same amount of money with far less capital ($2k, or so). Of course, just as you can make that kind of money easily, you can lose it easily on a bad trade. But would you rather blow up a 25k account or a 2k account?""Whether you trade common shares or options, you must practice first. That’s why a simulator account is highly recommended. Also remember that you must be willing to lose money before you can make money. Every successful trader has blown up an account at some point (including myself or even Aziz). So don’t be afraid to lose, just don’t lose it to bogus memberships and chatroom subscriptions. You are basically paying for their losing trades. It is funny, because when Aziz’s chatroom was free, he used to say he doesn’t need the membership money. Not sure what happened along the way. Good luck everyone and happy trading! If you have any questions, feel free to ask below this review."- Trading Options is a more advanced type of trading than simply trading common shares. To properly trade Options, you need to use the Black Scholes (or trade Binary) model. This model uses the following inputs:1. Strike Price of Option2. Current Stock Price3. Time to expiration (critical; i'll explain below)4. Risk-free rate (important, but not as important as the others)5. Volatility (extremely critical)Items 1 and 2 are what most Options traders start off with understanding and tend to use this alone to trade if they are inexperienced. However, Options trading is more complicated and advanced than trading Common Shares and thus you are more likely to be unsuccessful if you don't survive the learning curve.With Options, you can do a directional trade or you can trade volatility. In either case, you have to account for the timing and also the volatility (speed of stock movement as represented by the standard deviation of the stock price over a time period). This has a direct impact on how much money you will make from trading the Option spread.For example, If i trade a 30-day bull call spread with a $5 strike price target and i am risking $700 (premium paid for the Option), but the volatility is high and the stock moves to my strike price target the next day, i will not make the full profit target as i didn't correctly predict the timing and volatilty of the price movement. What would have been better is if i did a 5-day bull call spread as it would have been more appropriate. Also keep in mind that the commisions on the Option eat away at your profits a bit so you need bigger moves to profit hence why it's most appropriate for swing trading over week - month - year time scales.If you trade Common Shares, the risk is theoretically unlimited, however, you have full control over your risk as you can predefine a stop loss and get out for a minimal loss either as part of the trade itself or you manually get out when it moves against you and hits your stop loss. Someone who trades Common Shares can manage risk just as much, if not better, than one who trades Options. When the stock does move in the direction you predicted by using technical analysis to identify the correct set up and it moved $5 dollars, you have the potential to entirely profit on that for every share you had Long or Short. Since trading common stock doesn't require predicting the timing and speed of the movement as part of how you will profit from it, you can reap 100% of the reward.There is a time and place for Options vs. Common Stock trades. It's in your best interest to learn from others and educate yourself to identify what setups are appropriate and what style of trading fits you best. For me, I like trading Options for swing trades and I like to day trade in the first hour of trading in the market open. Both are profitable and both have their specific nuances you need to learn and master. They also both have their downsides. One is NOT superior to the other. It's a matter of what suits you best.- Chatrooms and memberships are not bogus. You can learn a lot from them. Pick the one that fits your budget and what you think will provide the most value. I have learned a lot from being in a few and i settled on Andrew's as he is the most forthcoming and fair priced for what i was looking for. Don't be scarred away from them by S.R.- The one thing that S.R. does get right in his misleading post is that you should start off in a simulator. DAS has one and is popular among day traders. TD Ameritrade has one and is popular among Options traders. I would suggest the following approach for simulated day trading ASSUMING you have already done a lot of reading and learning on the topic and understand technical analysis very well:1. Trade for a MINIMUM of 6-months if you have the cash you want to day trade with (day trading requires a minimum of $25,000 in an American brokerage account). Don't switch to live until your win rate is consistently >50% for 30 consecutive days and all your trades demonstrate you enter and exit ones with a risk to reward ratio of 1:2 or greater2. If you don't have the cash you want to day trade with, stay in simulator until you do AND you accomplish the same above.I would suggest the following approach for Options trading ASSUMING you have already done a lot of reading and learning on the topic and understand technical analysis very well:1. Trade for a MINIMUM of 1 year if you have the cash you want to swing trade with (note: you don't need $25,000 unless you make a day trade. Options traders who swing trade over multiple days don't close out the same day). Don't switch to live until your win rate is consistently >50% for 30 consecutive days and all your trades demonstrate you enter and exit ones with a risk to reward ratio of 1:2 or greater. Why a year? because swing trading with Options results in less trades because you trade longer time scales and therefore, you don't get as much practice so you need to practice for longer to get some adequate level of repetitions in.2. If you don't have the cash you want to swing trade with, stay in simulator until you do AND you accomplish the same above.Final note: This is one of the best day trading books out there with minimal self-promotion out there i have read and i have read A LOT of stock related books. It's worth the price tag in many ways. Don't be mislead by S.R.'s comments as he is incorrect on most points as i hope i pointed out. If you are interested in Options trading for swing trading, refer to the book i mention above. It's the best out there on the topic. Don't forget that Options trading is ADVANCED and just as difficult, if not more so, than day trading common shares.

Mark Twain once said "It ain't what you don't know that gets you in trouble. It's what you know for sure that just ain't so." I believe these words of wisdom apply to trading, as well as life in general.After doing some day trading and making a few nice profitable trades here and there, followed by a couple of losses that cut my profits in half, I remembered that quote by Twain and I had to admit to myself that many of the things I thought I knew about trading were wrong. I decided to visit Amazon to find a good introduction to the subject of day trading. There were so many books, most of them looked like they would take me weeks or months to study, and I wasn’t sure if I was prepared to take on that kind of learning curve. I’m not lazy, but I have a lot of other projects going on.Then I stumbled upon Andrew Aziz’s book “How to Day Trade for a Living: A beginner’s Tools and Tactics, Money Management, Discipline and Trading Psychology.” This book seemed to cover everything I was looking for, and with only in 232 pages; I felt I could handle that. I wasn’t looking for an encyclopedia on trading; I was looking for information on what day trading is, how to get started, and pitfalls to look out for. Based on the long title and the mostly positive reviews, I decided to go with this book. I am very glad I did.I should mention that I’ve not yet completed my first reading of the book; I’m taking my time to let the information sink in; that’s my preferred learning style. However, a bit more by half way through the book, I can say that I really enjoy this book a great deal. At first it was a little uncomfortable, because as a middle-aged finance professional with an MBA and many classes in finance and investing, I felt that I should know a lot more about day trading than I actually do. Well, the first thing I learned from Aziz’s book is that day trading and investing are very different subjects. I also learned that what I had been doing was not day trading, but “swing trading,” and that they are very different trading modalities that require different education and practice.By far, my most important take-away from this book is that day trading is not easy. The author of reinforces that point throughout the book. This is probably why 84% or so (depending on which study you read) of those of us who give day trading a try end up losing money. We think we can just jump in, get lucky, and make lots of money. We ignore the fact that having consistent success as a day trader requires skills that are usually only acquired through practice and over time. We like the making money part, but we don’t like the steep learning curve, so we start trading with no education, no practice, no skills. In other words, we dabble in day trading. Then, as often is the case, when we lose our trading capital (or most of it), we call it quits and blame day trading as being a sham. That’s the 84% of all traders. Of course, there’s nothing magical about the 85/15 or 80/20% rule; it just happens to be true in so many areas of life. If more “wanna-be day traders” would only be willing to educate themselves and approach day trading with the seriousness and respect it deserves, treat it as an actual business, they could be successful too! And then the ratio of successful day traders in these studies would probably increase by quite a few percentages. Maybe this will happen one day, I don’t know. I say probably not, because despite our amazing potential, human beings tend to be lazy, and very predictable. That’s why the 84% failure ratio for day traders is probably going to remain fairly constant. That doesn’t mean that an aspiring trader willing to humble themselves (a bit) and commit themselves (a lot) to learning the skills can’t be part of the 16% of successful traders!In the beginning of this book, the author talks a bit about the rewards of day trading, and why so many people pursue it. Successful day traders can work from home, make a very decent income, take time off when they want to, work from anywhere in the world with an internet connection. You have no boss to answer to; you’re basically your own CEO. I learned from this book that a successful trader who has acquired the necessary trading skills, strategies, tactics, money management, discipline and psychology can sometimes make between $500 to $1,000 per day, on average. That’s a lot of money. It translates into $120,000 to $240,000 per year, before taxes (assuming on average 20 trading days per month). The author mentions how he knows traders who consistently make $2,000 or more per trading day; but he does not hold himself out to be in that category. In fact, he admits to having lost money, and he still has losing days or streaks of losing days, but on average he is consistently profitable. The point I’m trying to make is that becoming a successful trader can be very rewarding, for someone willing to go through the learning curve and acquire the necessary skills and mindset.If the potential rewards of becoming a successful day trader is so great, and since it appears to be very doable, then why isn’t everyone day trading? I believe the author provides the answer in his 11 Rules of Day Trading. “Rule 2: Day trading is not easy. It is a serious business, and you should treat it as such.” If I understand the author correctly, the day traders who are making $500 to $1,000 profit are traders who have taken time to educate themselves and apply the strategies and principles outlined in the book. They have practiced in a simulator for at least 3 months, achieving a favorable ratio of profitable vs non-profitable trades before trading with real money. Then follows several months with “small trades” made with real money, because trading with real money is different from trading in a simulator. So even if you have a talent for day trading, it’s unlikely that you’ll be getting rich quickly.In addition to teaching the general principles of day trading, risk management, money management, several day trading strategies, discipline and trading psychology (very important!) this book also provides a step by step process for people who want to become successful day traders. The author says in the beginning of the book that the book is short on purpose; it allows the reader to understand the basics of day trading and enough information for someone to decide whether they want to pursue day trading as a profession.After reading about halfway through the book, I’ve decided that I would like to continue learning about day trading. Some of the sobering facts outlined in the book almost caused me to put it down. However, based on what I learned from this book, I do believe that becoming a successful day trader is indeed possible. Also, the potential rewards of acquiring the skills of day trading are a great motivation to me. Another reviewer expressed that they really liked the book, but that they had decided not to pursue day trading at this point. I really respect that reviewer, because it shows that the person was willing to read the book and find out what day trading is all about, before making an informed decision. This reviewer then for their own reasons decided not to pursue day trading at this time, but still took time to leave a favorable review of the book. I think that says a lot about a person’s attitude in life and toward learning. In fact, this was one of the reviews that contributed to my purchase decision. As for me, although I am committed to continue my studies of this book and taking the next steps to continue my education, I still don’t know for sure if I will eventually become a day trader and pursue this as a livelihood. After a few months of trading in a simulator, I might reach the same conclusion as the other reviewer who decided it was not for them. However, in my case I feel this is the right time in my life to learn a new set of skills; I find day trading very interesting, and I want to learn more. Not everyone is cut out for day trading, and there are so many factors that come into play. However, I feel I owe it to myself to at least continue to explore and learn more about the subject matter. If I don’t, I will be forever wondering if I made a mistake by not learning more.I’d also like to point out that although I think this book on its own is a great introduction to the subject of day trading, you are getting a lot more than just a book. The author invites you to join his trading community, where you can watch him trade and get trading advice and tips from other traders. You can find the website if you enter the author’s name in Google; the website will have a lot of information about the trading chat room and other day trading education resources. The trading chat room is no longer free, from what I understand all the participants in that community recently collectively decided that there should be a $30/month fee to cover the expenses of the chat/teaching platform. However, it is possible to sit in on several chat session for free by signing up for a 7 day free trial. Personally, I don’t have a problem with this, as I’ve been pitched $5,000 trading “academies” – week long courses that promised me I’d be profitable my first month in trading. Unfortunately, the day trading education industry is infested with vendors preying on people’s hopes and dreams, and many fall for such false promises. I feel that the author of this book is “the real deal.” I must admit that one of the questions I had initially was that if a person is good at day trading and making money with it, why would they teach others? That question was answered after I attended a couple of the author’s trading room chat sessions. It became very clear to me that the reason he’s conducting these training sessions is because he loves trading and he also loves to teach. I know, anybody can say that they love teaching others, but if that statement is actually true, then I believe it will shine through. With Andrew Aziz, it does shine through. In any case, I consider $30/month to participate in the chat room to be a very reasonable fee, and I feel that if I can’t afford that, then perhaps I shouldn’t be day trading at all.If you are joining the author’s trading room, I also recommend that you budget $120/month to cover the cost of trading in a DAS simulator, where you will “paper trade” for at least three months. So all in all, I budgeted $450 for my three month introductory education with this program. I believe that the simulator can be ordered separately from the chat room directly from DAS, but the simplest option is to order it all through the trading community web site. That way everything will be set up for you and you can participate in an on-boarding session where the author teaches you how to use the software. I am mentioning these costs because I think people who are considering joining this path to day trading education should know about the costs up front. No doubt, some people will conclude from my review that the book is just a bait for more expensive courses, and if these thoughts are going through your mind you should be aware that the main cost of this program goes to cover the DAS platform, which is separate from the author’s chat room. I did some quick math based on the number of people in the chat room, and concluded that monetary gain is definitely not his reason for conducting these training sessions.Finally, I will disclose that this is an unsolicited review and I’m not receiving any benefit from leaving it other than the satisfaction of knowing that perhaps I’ve helped another prospective day trader make an informed decision about whether or not to invest in this book. My advice is that if you’re not sure whether this book is for you, get the Kindle version. It’s only $3.75 and you can download and read it immediately. That’s what I did. However, I just purchased the paperback version of the book as well. I know that this is a book that I will be referring to often, and I like to be able to highlight sections and add my own notes. I hope some will find this review helpful, and whoever you are, I wish you the best of luck with your decisions about day trading!

Pretty nice, very easy to put together. I wish there was a way to turn it on aside from the floor switch as I have it in an awkward corner. It’s very bright, it will take getting used to, and I would recommend some dimmer bulbs than what I bought. Package was very damaged when it came in and there’s a few spots with scuffs on it as a result.

Disappointed! The first lamp arrived in a box that was torn apart, as such the lamp was completely broken and had to be returned. The second one came in better shape but still had a ding or two, but I was too irritated to order another one so I kept it. UghThe lamp is a bit flimsy, but is to be expected at this price point. The only thing it has going for it is it looks pretty cool.It’s decent for a cheap lamp, so I’m somewhat satisfied with my purchase, but also disappointed lol

It is perfect if you like tall floor lamps!! We are buying frosted light bulbs but we have the clear ones for now. I'm 6'1 and it's almost as tall as me. Which I love.It makes my place look way more modern!

I would give five stars however, the box came opened and ripped in a few spots. Luckily, everything worked fine. The base had to be cleaned as it was covered in dirt that got all over my floor. Overall, the product is great however whomever packed the product and shipped it must hate their job.

My daughter was complaining her room was too dark. This turned out to be the perfect solution.

Great quality for the price point and adds a nice industrial look to my space.

The light itself is as great looking floor lamp, however it stopped working after 2 months

Easy to assemble , sturdy, nice finish

It doesn’t “pop” it’s more just for the look. But other than that it’s sturdy, a little hard for my kid to set up with the little leg and needs help every time. Overall good quality, they have dropped it a couple times and it’s still good lol

It’s cute & my kids love it. But man, this thing is a pain to stand up and keep up. The kickstand doesn’t lock, so if they touch it or try to move it, bam it’s down again.

My 6 and 9 year olds love the cases. The bubbles obviously don't work like a pop it but still fun for them to play with while on the iPad.

This is a great case. I love the colors the strap is cute and it adjusts to where it is big enough to wear crossbody. Even though the poppables on the back side don’t pop, they are still fun to squish and play with for texture. The Ipencil holder fits the Ipencil well, except if there is a skin on it, then it becomes snug to get in there. You can still get it in the holder, it is just an extremely tight fit. The major issue I have with this case is that you can no longer plug the Ipencil directly into the iPad. The stem on the Ipencil is not long enough and the round silver tab prevents it from going in (see picture). So, to connect, you just have to use a cord from now on. Bummer.

It’s pretty nice . My daughter loves it ! Must buy

Very good case! Easy to put on but hard to take

Daughter loved this- Unfortunately, the strap broke and ended up damaging her iPad. Be careful if you allow the kiddos to use the strap!*edited review to reflect that the seller reached out and offered a replacement product that was accepted and had been well used by my daughter. The Customer service rep was pleasant and helpful.*

Overall my son loves it and other kids want one just like it. Only issues was the strap to hang it from is not so sturdy.

It is solid wood, but all the wood pieces have been "glued" together sort of so the sides aren't one solid piece of wood. But I like this platform bed. It's good quality for the money, easy to put together, and is high enough off the ground so that my husband and I (60's crowd) can get in and out of it easily and store a few things underneath. It's got a low profile and footprint and we can buy a headboard we like and attach it.This is a nice platform for our memory foam mattress, too.

We bought this to hold our new Nectar mattress, and two months later, we're still pleased. The quality is nice, especially for laminated wood, it went together easily, and it's nice and sturdy... no creaks! Great buy for a minimalist/mid-mod/Scandi/Japandi aesthetic at a fraction of the price of the alternatives.

Everything was going smoothly with the assembly until we go to the legs. First one went on easy, second one- different story. The holes were not even close to being aligned. We had to essentially warp the holes to get the bolts to fit. But after like 45 mins trying to get it- we finally did. It’s been good so far outside of the assembly!

The shipping box is heavy and bulky. Definitely need two strong people to move into your house/room. Also need a good amount of space to unpack the pieces. The sturdiness snd quality of the bed is much better than the West Elm Simple Bedframe we are replacing at a fraction of the cost. Overall height of our mattress using a 10” mattress and 4” Zinus smart box frame as well as the slats that come with the bed is 27 inches. The box frame sits down inside the bedframe about an inch leaving no room for bedding to tuck between the bedframe and the box spring. There is no way to attach a headboard but we are mounting ours to the wall. It is all wood and stain color is nice but pictures don’t really show that it is not solid wood. It is made up of different pieces of wood laminated together much like a butcher block countertop. Center support and legs are steel so very sturdy.

Well, I was the first to make a purchase of this item without any reviews available. So I read the product description carefully and decided this would work. I comes in a long box, about 60 inches x 14 inches x 5 inches and weighs about 70 pounds; but easy to handle because of the weight distribution. Everything you need to assemble is in the box. The instructions are simple and one person can do it in less than 30 minutes. After it was assembled it was very strong and my son and I were extremely pleased with the quality of product and ease of assembly. This was a full size platform bed and the picture shows our "mattress in a box' now a mattress. One great feature is that the mattress sits on the frame and does not move off the frame; it is recessed about a 1/4 inch which is perfect to keep the mattress in place. I took a chance being the first to make a purchase and I would do it again! This is a great, strong platform bed frame and it will last for years! If you have to move just save that assembly tool and instructions and this frame can travel with you any place. 5-Stars all the way!!!

This bed frame does not support the ends of the mattress. Meaning the top and bottom. This causes the mattress to bend at those locations. Basically, you'll still need a box spring, otherwise you'll prematurely wear your mattress and have terrible back support.

After browsing for bedframes on Amazon, I settled on getting this one. It checks off all of my boxes: Wood frame, high-enough clearance from the floor, Non-Slip surface for mattress.It is very comfortable to sleep on, and there is no creaking or wobbling after a month or so of use.Wood seems to be of good quality, and assembly was easy enough. One of the holes, however, seemed to be off ever-so-slightly, but it all came together in the end.It is high enough off the floor for me to store shoeboxes and other storage containers underneath, and the bed sits inside with a lip keeping it from moving off.The big name brands on Amazon seemed to be made cheaply, which is why I went with this one. It's made by an independent 3rd party, and sometimes that's just what you need for good quality. Would buy again and recommend. If only it came with a headrest!