Advanced Techniques in Day Trading: A Practical Guide to High Probability Strategies and Methods (Stock Market Trading and Investing) Paperback – Large Print, June 12, 2018

Preface: This review is not just about the book, but it's also about the author, his work, BearBullTraders, and your journey to becoming a daytrader. If you don't want to read all that, you can skip to the TLDR.I've also read Aziz's prior book, so I picked this one up on release as I found that book to be an easy read. It covers a lot of what the prior book did, but adds on to the knowledge base with more strategies (low-float based, etc). If you're familiar with the prior book or have some experience in markets, you may be able to just jump straight to this one. If you are not confident in your foundation, reading both would be good as this one can serve as reinforcement + expansion. Yes, there's a lot of overlap, but I believe it's by design since some may choose to skip just to this book.In daytrading and in most things, this is not easy work. The first thing I remember standing out about Andrew's first book was his brutal honesty in telling you that the vast majority of retail traders will fail. That stuck with me as it's a very negative note to start a book off with (marketing101 says you stay away from the negative), like a "hey, congrats on thinking you can do this, but you can't". That may turn off a lot of readers, but it's that brutal honesty that made me stick to his book more than others. He wasn't trying to sell me something right off the start, he didn't try and say "hey, you can make $2000 a day just by sitting at home!" like many con-artists try to push.When trying to learn about anything that can be a self-run business or job, you have to be very careful about the charlatan. I grew up with a parent that seemingly always got sucked into the "free seminar." After seeing a few, I understood what they were selling - not knowledge or education, but hope. Their free marketing seminar was really just a loss-leader to get people into the door so they could sell them on hopes and dreams, then push them to hand over a couple thousand dollars. It's like a time-share for information. They're experts in social psychology and know how to sell you on your desire to have financial freedom, when in actuality they're just freeing your wallet of extra cash. This is especially true in the DayTrading education market as there seems to be a lot of con-men in it. I've watched "seminars" of people who spend 20minutes trying to convince you it's a live seminar and not recorded (it was totally pre-recorded), pitching "new ideas" that are just recycled common strategies with a new name.. I've read about others who seemingly never lose a trade (it's not possible), and I've witnessed what seems like organized pump and dump schemes, where the guy sharing the screen uses his slight video delay and large following to seemingly "pump" a stock. -- Side note, if you want a great read on the social psychology of sales tactics, I highly recommend Influence by Robert B. Cialdini, you'll start to see sales interactions in a different light.So when I started to actually look into Andrew's other work, like his courses, and his chatroom, I was intrigued. I did a trial version of the chat and observed him. One thing that stuck out more than other "gurus" in this area is that he seemingly wants to educate people. It's not so much a business where profit is the number one driving factor as much as it's a passion to share. That struck home with me as I'm of the same mindset, I get more pleasure from helping others than I do making money. I like to help people be their best for the sake of helping someone. It was a refreshing change from what I've seen in the day trading space. The chatroom is fun because it's more of a community where you can have discussion, ask questions, and joke a little - this is in contrast to some other chatrooms which are strictly "stock callouts" only. If you have a bad trade or a bad day, others jump in to talk you through it. You learn together.I've seen a few reviews that don't like the fact his other services (chatroom, courses) are mentioned in the book. By all means, you should shop around! If someone is selling you a product within a product, be skeptical. I did my research and was satisfied with what I found, I felt my lifetime membership provided enough value to justify the cost. If you stay with this profession and want to actually learn, you have to put in the hard work. Most won't be able to read just a book and be proficient in it, you do have to practice, and you do have to ask questions and get answers. Wherever you end up in your journey, if you stick with it, you can find success.TLDR Review:- The book is an easy read and provides good value (tremendous value if you bought the Kindle version for under $10). It hits all the common points that you'll find in day trading education books, so if his writing style suites you, this will work.- If you're curious about day trading, this will be a good book for you as it doesn't sell you on "make thousands a day, it's easy!", it's honest in what you can expect.- If you've read the prior book, expect a lot of overlap, but there's enough new stuff to justify it being a new title and not just a new edition to the old.- There's no master strategy or knowledge that can be obtained from books. You're not going to become a master day trader overnight through information osmosis, you have to be willing to put in the hard work as well.Good luck.

Book 2 of a 4 part series. Really Powerful stuff. Has changed the game for me in a big way and ignited the flame of fortune within me. The seed Andrew has planted in my mind through first his books, which I read in prison, have led me to the river that forever flows. Fully cementing the concepts discussed in this book has become a lot easier now that I've taken his Peak Capital Trading Bootcamp course and joined BearBullTraders, the educational trading community he founded. When I first started I had no idea where to even find a trader to talk to or learn from, but his books have laid out the roadmap to making this dream my reality with practical help, guidance, and direction throughout every step of the way. I don't know the guy personally, but he has been a genuine mentor and huge help in a big brother type of way. You can tell the advice is completely genuine and comes from a place of deep passion for what he does. Great guy and great book. Very inspiring!

Three months ago, I resigned from my 6-figure career as a research scientist at a fortune 500 company to pursue day trading. I was weary of the constant travel, the politics, and the lack of leadership. Let me also mention that I had already amassed a comfortable nest egg (and could afford to lose 50k+ in a trading account without hardship) and my wife is currently employed as a professional who makes 6-figures, so we can allow time for me to paper trade in a simulator indefinitely, until I become consistently profitable or decide to do something different. Not to rain on your parade, but if you can’t afford do this, don’t quit your day job. Trading is hard enough, and worrying about paying bills would make it impossible.For the past several years, I dabbled in trading and found it really interesting and moderately profitable (mostly swing trading), but I knew that to replace my income by trading, I needed to become a more active trader who constantly monitored price action each day.This is by far the best book I’ve read on day trading. Aziz doesn’t pull any punches and lets the reader know that successful trading is going to take time and a lot of hard work. He also provides fantastic charts from his past trades—the setups, rationale, strategy, and psychology behind successful trading. More importantly, Aziz alerts you on what NOT to do! I’ve put these ‘bad practices’ to the test in my paper trading account, and almost every time I blow up my fake account in a few days.Aziz also shows his end of the day P&L which allows you to back-calculate the kind of buying power you will need to achieve similar results (usually income of $1-1.5k per day, at least on his good days that were published). This kind of comprehensive insight is not available in any other text I’ve read, and I find myself returning to this book often. I’ve read many books on technical analysis, technical indicators, swing trading, and I’ve also read Aziz’ previous book, which is where you should start if you’re brand new to day trading.The bottom line is that Amazon is full of day trading books, and you should be leery of any book published under Amazon’s Createspace publishing, especially if they have over 4.5 stars and are full of bogus reviews that were all written within 2 weeks of publication despite the book being 3 years old. These books are almost entirely written by unsuccessful traders who get a few bucks for every copy they sell, after having lost their entire fortune to the market, then glean repeat income from their book sales-- books which provide little more than a glossary of terms.I recently became a member of Bull Bear Traders and find their chatroom insightful and unintimidating, yet the members have the mentality of professional traders and keep me tuned in from pre-market to close. I always learn something new. Definitely not a bunch of warrior traders looking to get rich on a $500 account trading penny stocks.I have not been contacted by Aziz or Bear Bull Traders and am receiving no compensations for this review. I respect Aziz’ credentials, the community he has built, and his commitment to teaching. If you are looking for the best book on day trading, spend the nominal fee and get this book. It might give you the clarity and confidence to step boldly into a new trading career.I’ll update this review at the end of the year.

I “read” Andrew Aziz’s first audiobook about a year ago, and although it was a good primer I missed some of the detailes in his explanations and examples. This time around I purchased both the Kindle (at almost no cost) and Audible version. Listening and looking closely at each explanation and chart better illustrated the strategies and approaches he tries to convey. If you can only get one version, get the Kindle one.Inevitably theres overlap between the two titles but this one goes more in depth in the strategies and best times of day you could use them but most importantly, risk management. Risk/reward ratio, position sizing and total risk became suddenly cristal clear this time around.