Books Day Trading Made Easy: A Simple Strategy for Day Trading Stocks Book by Mat Kratter

Day Trading Made Easy: A Simple Strategy for Day Trading Stocks

By Mat (Matthew R.) Kratter

Overview

Day Trading Made Easy is a concise guide intended for beginners eager to break into day trading without getting bogged down by excessive complexity. Mat Kratter—an Amazon best-selling author and founder of Trader University—outlines a straightforward blueprint that helps newcomers quickly understand the mechanics and risks of day trading stocks while emphasizing discipline, risk management, and simple execution13.

Central Strategy: The "Day Sniper"

Kratter’s strategy, dubbed the "Day Sniper," is an actionable method focused on:

Identifying entries and exits: Learn exactly when to buy, take profits, and cut losses.

Leveraging market catalysts: Trade around big news and earnings announcements that prompt significant price movements.

Navigating essential regulations: Manage your trades to avoid breaching the Pattern Day Trader rule.

Core Concepts and Lessons

Selecting the Best Stocks: Focus on stocks with high trading volume and volatility, ideal for short-term moves.

Taking Advantage of "Big Traders": Understand and capitalize on the behavior of institutional players whose movements create lucrative opportunities for fast trades.

Risk Management Essentials:

Set strict stop loss and profit target levels every day.

Never risk money you cannot afford to lose.

Avoid revenge trading and overtrading.

Short Selling: The strategy includes steps for shorting stocks, providing tools to profit whether stocks rise or fall3.

Backtesting and Practice:

Begin with simulated (paper) trading to test the “Day Sniper” approach before risking real capital.

Keep a detailed trading journal to record daily performance, improve discipline, and spot areas for refinement3.

Discipline Over Emotion: Kratter repeatedly stresses that following the system with discipline—rather than chasing “get rich quick” dreams—is the true path toward consistent results.

Quick Reference: What You’ll Learn

Notable Guidance

Day trading offers freedom and flexibility, but success depends on deliberate planning and self-control.

The system is pitched as accessible even for complete beginners—no prior trading experience, jargon, or complex indicators needed.

Kratter provides his contact information for follow-up questions, supporting a sense of mentorship for readers24.

Reader Feedback

Many readers report that Kratter explains the "why" behind his methods clearly and concisely, making intimidating markets feel approachable. The main advice from experienced traders is to thoroughly backtest and paper trade before risking real money. The simplicity is a strength, but successful application still demands practice, careful risk management, and self-reflection3.

Ideal For

New investors looking for a step-by-step introduction to day trading

Anyone wanting a simplified rule-based plan rather than complex analysis

Those seeking practical insights to avoid common trading pitfalls

Day Trading Made Easy distinguishes itself with actionable simplicity, a single "sniper" system, and a strong emphasis on mindset and rules. For anyone interested in exploring day trading with clarity and caution, it serves as a reliable starting point13.

1 BOOK