Best Day Trading Books – Top 9 Recommended Picks

by | Jan 28, 2023

Buying and selling financial instruments within the same trading day is known as day trading. Traders who do this in the hopes of gaining profit are known as speculators. With a decent stock day trading strategy, the average trader is said to make an average of $5,500 each month; in other words, an 18% return rate. To put it simply, day traders profit off of the price changes for a given asset.

While day trading has its clear benefits, it can be risky. Educating yourself is a great way to minimize risk before starting. To this end, there are day trading books available with a wealth of knowledge on trading stocks and other assets. These books teach traders about risk management, trade ideas, trading psychology, stock rotation, and other in-depth technical analysis.

We’ll take a look at the best day trading books that provide helpful strategies for success, whether you’re a beginner or an experienced day trader. 

Day Trading Books

Best Day Trading Books

There is a lot of knowledge needed when it comes to day trading. Learn from the experts who have done it successfully with these 9 best-day trading books.

1. How to Day Trade for a Living by Andrew Aziz

How to Day Trade for a Living by Andrew Aziz

Very few careers provide financial freedom and control gotten from day trading. As a day trader, you can work anywhere in the world, set your schedule, and take control of your finances all with a winning attitude. The life of a successful day trader is one that many only dreams of. In How to Day Trade for a Living, Andrew Aziz sheds light on the benefits of day trading and the lifestyle that it brings.

This book is the perfect beginner’s guide, providing you with tools for money management, financial discipline, and the psychology of day trading. Aziz also explains how day trading differs from other types of investment, and why you should start day trading now. 

New traders can learn how to choose day trading platforms, the concept of holding onto stocks overnight (swing trading), and how to implement day trading strategies. On the other hand, intermediate traders can benefit from some of the simple strategies successful traders use effectively.

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2. A Beginner’s Guide to Day Trading Online by Toni Turner

A Beginner's Guide to Day Trading Online by Toni Turner

This national best-seller has just been updated to fit the stock market and our current world. In this 2nd, revised edition, Toni Turner writes in an easy-to-navigate manner to help the reader grasp both the secrets and fundamentals of day trading. By reading this comprehensive guide, you’ll understand the ins and outs of the stock market and how to make it work for you.

You’ll learn about stock prices, the latest trading products, and how day trading differs from other investing forms. Many day traders have recommended this book for both beginners and experts, claiming it’s the perfect on-hand tool book for all traders in today’s market. So, if you’re looking to find a detailed guide on how day trading in the financial markets works, then this is a must-have.

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3. Advanced Techniques in Day Trading by Andrew Aziz

Advanced Techniques in Day Trading by Andrew Aziz

Advanced Techniques in Day Trading is an in-depth training regimen to help day traders during their careers. Aziz also explains the importance of necessary tools for day training, such as stock scanners and software. Later on, he elaborates on practical advice that he’s learned from profiting off of day trading himself.

Instead of letting your emotions take over, Advanced Techniques in Day Trading will help you day trade stocks intelligently without blindly betting on luck. This book is best for advanced traders looking to implement a powerful day trading strategy in their trading careers. Aziz explains more complicated trading methods like hotkeys, trailing stop-loss orders, stop ranges, etc.

You’ll learn about trading tools, how to manage your trading plan, choose a direct access broker, and start day trading as a full-time business. According to Aziz, successful day traders are lifelong learners, so you must be willing to maximize your learning experience.

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4. The Truth About Day Trading Stocks by Josh DiPietro

The Truth About Day Trading Stocks by Josh DiPietro

The Truth About Day Trading Stocks is a practical guide to help readers manage risk while day trading. Being a high-risk profession, minimizing risk, and informing yourself about the market before jumping in is crucial for success. By reading The Truth About Day Trading, you’ll start out much more informed and aware of potential losses.

Most traders fail and lose money when they are driven by the euphoric expectations of making money without the disciple to work for the entire process. Through this book, Josh DiPietro hopes to keep beginner traders from losing money.

Josh DiPietro not only explains the logistics of day trading but the fundamentals of a day trading mindset as well. To be a day trader, you must be relentless, consistent, and in it for the long haul. In this helpful memoir, DiPietro does an outstanding job of informing the reader of the invaluable lessons of day trading. 

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5. Trading for a Living by Dr. Alexander Elder

Trading for a Living by Dr. Alexander Elder

Trading for a Living is divided into the three M’s: Mind, Money, and Method. In it, Dr. Alexander Elder helps the reader master those three areas. By reading Trading for a Living, you’ll learn how to become a calm day trader, profit from the market crowd’s behavior, and use your computer to find the best trades.

To him, psychology and chart analysis is important for successful trading. The book shows you how chart patterns reflect crowd behavior and you also learn the modern methods of computerized technical analysis.

Furthermore, you will get an in-depth look into the Japanese candlestick charting techniques. If you’re looking to develop a robust trading system that works, this is the book for you. To ensure that you profit from his ideas, Elder included 200 multiple-choice questions that are built to help you sharpen your trading skills. This book is highly recommended for beginners and experienced traders alike.

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6. How to Day Trade Stocks for Profit by Harvey Walsh

How to Day Trade Stocks For Profit by Harvey Walsh

Day trading allows you to make money whenever, however, and from wherever you want as long as you are a disciplined trader. This book is designed to be a complete course to help you make money from the stock market through day trading.

No previous trading experience is required, and many have recommended this to day traders, claiming it’s the only book they’ll ever need to succeed. Safe to say that it is a quick and easy introduction to becoming a successful trader.

In it, Walsh provides jargon-free advice on how to make money by day trading as quickly as possible. It contains detailed instructions on when to buy and sell for maximum profit. Harvey Walsh starts with the basics and later goes in-depth on his tried and true profit-generating strategy. 

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7. Digital Day Trading by Howard Abell

Digital Day Trading by Howard Abell

Digital Day Trading is a complete guide on how to move from one winning stock position to the next. To make a profit from day trading, you must be able to think faster than the market. In this digital age of financial investment, investors and individual traders can now level the playing field with wall street players.

So you must learn how to enter the market with confidence, discipline, and focus. Thankfully, that’s exactly what Howard Abell is here to help you do with more professional traders making money from market volatility. Thanks to the expansion of technology, profiting off of day trading is more accessible than ever, and the opportunity to make money from day trading has never been more significant.

Thanks to this favorable cost of entry, and Howard Abell’s invaluable knowledge, you’ll be all set to make money from day trading. Additionally, you can learn how to identify not just the right stocks, but also the best stocks that provide opportunities for price movement.

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8. Start Day Trading Now by Michael Sincere

Start Day Trading Now by Michael Sincere

Start Day Trading Now is a beginner’s introduction to making profits off of stocks. For those just starting, day trading may seem daunting, and, at the least, confusing. Luckily, Michael Sincere is here to help you enter the market and start making money right away. The book teaches traders how to employ high-probability strategies and master the game of day trading.

Here, Michael Sincere works to eradicate the intimidation of day trading. Once he explains the basic techniques, he elaborates on making money by knowing what the others don’t. This includes entry and exit strategies, day trading checklists, and information about start-up costs worth considering. 

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9. The Complete Guide to Day Trading by Markus Heitkoetter

The Complete Guide to Day Trading by Markus Heitkoetter

Millions of dollars move around in the stock market every day, presenting themselves as the perfect opportunity for you to make a profit. If you’re wondering whether or not day trading is the right fit for you, this is the ideal book to start with. In this simple yet useful guide, Michael Heitkoetter lays out the essentials of trading. 

Later on, he explains the actual process of day trading and the various ways in which you can make money from doing so. This book covers it all, making it the perfect motivational guide to starting your hustle of day trading. 

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Final Thoughts: Best Day Trading Books

All in all, day trading provides control and freedom that many careers do not. To figure out if day trading is right for you and how to make a profit from the stock market, make use of one of these top day trading books and read up on what the experts above have learned from their time day trading. 

Looking to learn more when it comes to trading and investing? If so, you may also enjoy our guides to the best stock market books and the best investing books. Knowledge is definitely power when it comes to trading; so ensure you know everything you need to secure your trading futures!

Andrew Green

Andrew is a successful entrepreneur and lifelong learner. Throughout his career, he has watched hundreds of online courses that have allowed him to achieve success in highly competitive fields such as online marketing, investing, and sales. Andrew is committed to expanding his knowledge and expertise and he reviews the premium courses he watches on his online blog.
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