The book "Professional Day Trading & Technical Analysis " was created with novice and intermediate traders in mind. For day traders who wish to trade the Indian Stock Market intraday, this book is definitely worth reading. This book provides an excellent explanation of around twenty-three back-tested intraday trading tactics using actual market charts. Even a beginner may start trading intraday and make a living because the trading tactics are described so clearly.
To ensure success in intraday trading, reading this book is similar to taking your initial steps in technical analysis. This book's ideas are based on a variety of technical indicators, chart patterns, stock momentum, gap openings, and other concepts. Supertrend, MACD, RSI, Moving Average Crossover, Bull Flag, Bear Flag, Ascending Triangle, and many more are just a few examples.
Each strategy's entrance and departure points are clearly illustrated with actual charts. The illustrated explanations make it very evident where a stop-loss should be placed and how to follow them in a real market. In addition, this book sheds some light on trading psychology, including how to trade emotions and control them. Above all, it discusses some intriguing secrets to day trading success.