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.

Thanks for sharing your strategies. I just started my small $5k account last March and I lost $500 due to mistakes like overtrading, revenge trading and without a clear strategy. Almost felt like im gambling but after reading your two books, I got my confidence back. Little by little I trade at 7am when I get home from work and gain small with range of $16-$60 everyday. Now I only have $383 left til i get my account back to $5k. I chose to master only 1 set up (ABCD) and focus on it, fingers crossed that I’ll be profitable before this year ends. Again, Thank you!

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!

I can see why Andrew Aziz states that Advance Techniques in Day Trading is the more explanative extension to his prior book How to Day Trade for a Living. It really is. In all honesty, I would highly recommend both books because each have their own focus despite the heavy overlap. How to Day Trade for a Living really set into stone the fundamentals of day trading in psychology, basic introduction to fundamentals, and core principles to have when pursuing such a career. Focused but also very general in the subject matter.Advance Techniques in Day Trading however, overlaps with familiar fundamentals in the first book but also adds in more. Such is like with chapter on simple trading strategies. There where more advance concepts than what was in the first book. It was only clearer when I read the first book to even grasp the more advance concepts in this one.Do I recommend this book? Yes I do. It's not a five star because the charts and candlestick examples are not in color. As a visual learner (and as with all trading platforms that have charts), color coordination and recognition helps. Aside from that, learning important fundamentals with the power of Google and Youtube is extremely helpful to use alongside this book when there is a concept you don't understand (Candlesticks, VMA, RSI, Support/Resistance).Also, I don't recommend skipping the first book for beginner traders looking to take a shortcut into a fountain of day trading knowledge. Sure there is heavy overlap, but from reading both books I can see that this book expects you to be familiar with the basic concepts of day trading introduced in the first book.I believe that this isn't some marketing gimmick (Aziz rarely advertises trading resources and when he does, it's only when the situation that calls for it. However, if that is all you are looking for or can see, then you must not be actually reading the book). Learn the core principles first (book one) and work on the technicals/fundamentals later (book two). You cannot and must not rush the process when it comes to being a profitable trader but with time you can grow to become one.p.s. NEVER forget the 2% rule!