The Trump administration’s decision to impose tariffs on steel and aluminum imports has sparked a heated trade conflict, prompting strong retaliatory measures from key allies like the European Union (EU) and Canada. The U.S. justified the tariffs, which took effect in 2018, under Section 232 of the Trade Expansion Act of 1962, claiming that foreign steel and aluminum imports posed a threat to national security. However, this move has been met with widespread criticism and counteractions from trading partners.
In response, the EU and Canada swiftly announced their own tariffs on U.S. goods. The EU targeted iconic American products such as motorcycles, bourbon, and blue jeans, while Canada focused on steel, aluminum, and agricultural goods like coffee and maple syrup. These retaliatory measures were designed to pressure the U.S. to reconsider its trade policies and to protect domestic industries from the impact of the tariffs.
The escalating trade war has raised concerns about its economic consequences. Analysts warn that higher tariffs could lead to increased costs for manufacturers, rising prices for consumers, and potential job losses in industries reliant on imported materials. Additionally, the strained trade relations threaten to disrupt long-standing economic partnerships between the U.S. and its allies.
Politically, the tariffs reflect the Trump administration’s broader “America First” trade agenda, which seeks to reduce trade deficits and protect domestic industries. However, critics argue that the approach risks isolating the U.S. from its allies and undermining the global trading system. The EU and Canada have emphasized their commitment to free trade and have called for dialogue to resolve the dispute.
Looking ahead, the future of these trade tensions remains uncertain. While some hope for negotiations to de-escalate the conflict, others fear further retaliatory measures or prolonged disputes through international bodies like the World Trade Organization (WTO). The outcome of this tariff war could have lasting implications for global trade dynamics and economic stability.
- Telegram’s Billionaire Boss Pledges Fortune to Over 100 Children — But There’s More to This Story
Pavel Durov, the enigmatic founder of Telegram and often dubbed “the Mark Zuckerberg of Russia,” has shocked the world again — this time with a legacy plan that’s as unconventional as his rise to tech fame.
In an exclusive interview with French political magazine Le Point, Durov revealed that his estimated $13.9 billion fortune will be split among more than 100 children he claims to have fathered.
Yes, you read that right.“I don’t want them to tear each other apart after my death,” he said, emphasizing that all his biological children — whether born through relationships or via sperm donation — will have equal rights to his inheritance.
💼 The Legacy of a Tech Maverick
Durov, 40, who built Telegram into a global messaging empire with over a billion monthly active users, is no stranger to controversy. After being ousted from VKontakte (Russia’s version of Facebook) for refusing Kremlin censorship demands in 2014, he launched Telegram as a privacy-first alternative to mainstream social platforms. The platform has since become a go-to hub for journalists, activists, and — controversially — fringe groups and criminal networks.
From crypto traders to freedom fighters to conspiracy theorists, Telegram hosts them all — which has earned the app both praise and scrutiny.But even for someone who built a career on disruption, this latest revelation about his personal life and estate planning comes as a surprise.
👶 Who Are the 100+ Children?
Durov claims he is officially the father of six children from three partners, but that a fertility clinic informed him that his past sperm donations over the last 15 years have led to over 100 births in 12 countries.
And now, in an unprecedented act of paternal responsibility, Durov says every one of those children will inherit part of his wealth. But not immediately.
“I want them to live like normal people, to build themselves up alone, to learn to trust themselves,” Durov said, explaining that they won’t have access to the inheritance for 30 years. In a world obsessed with generational wealth, his philosophy is radically different — one that seeks to build character before fortune.🕵️♂️ Controversy in France
This personal bombshell comes as Durov faces serious legal issues in France. He was arrested last year over allegations that Telegram failed to sufficiently moderate illegal content — ranging from drug trafficking to child abuse material.
Durov called the charges “totally absurd”, likening them to blaming phone manufacturers for criminal calls.
“Just because criminals use our messaging service among many others doesn’t make those who run it criminals,” he told Le Point.
Telegram has long positioned itself as a bastion of digital freedom and privacy — a stance that pits it against governments worldwide who seek greater access and oversight.
🌍 A Stateless Billionaire
Durov now lives in Dubai, holding dual citizenship in France and the UAE. He has effectively been a digital nomad, often portrayed as a libertarian icon with a tech-utopian dream: a world where users, not governments, control communication.
But this recent paternal disclosure adds a surprising human dimension to the man often seen as cold, calculated, and ideologically rigid.
🤔 Editorial Thoughts: Inheritance, Ethics & the Age of Digital FatherhoodThis story isn’t just a tech billionaire making headlines — it opens the door to much deeper societal questions.
- What does responsible fatherhood look like in the age of anonymity and sperm donation?
- Should wealth be distributed based solely on biology?
- Is financial inheritance the best way to ensure legacy — or a crutch that impedes personal growth?
Durov’s statement that he wrote a will early “because defending freedom earns you enemies” underscores a sobering truth: in today’s hyper-connected world, tech leaders often walk a thin line between heroism and villainy.
But in pledging billions to a generation of children he may never know personally, Durov invites a new form of philosophical debate. Is this legacy an act of generosity, or merely a headline-grabbing eccentricity?
Only time — and perhaps those 100+ future heirs — will tell.
Danchima Media Commentary.
> Legacy is no longer just about land, family names, or businesses. In the digital age, it’s about impact — ethical, philosophical, and social. As Telegram’s founder sets a new precedent, we’re reminded that the future of wealth, family, and responsibility is evolving — and fast.
- “Bitcoin’s New Surge: Institutions Take the Wheel”
ETFs, sovereign wealth funds, and asset managers are coordinating Bitcoin moves for long-term growth.
Yesterday, the price of Bitcoin surged to $103,718, reaching a peak not seen since December 2024, with many analysts pointing to the growing wave of institutional participation as the driving force behind the growth.
Institutions are operating at full capacity here, or so it seems, as corporate players and exchange-traded funds (ETFs) are accumulating more and more BTC from the open market.
“At first glance, spot ETF flows remain steady, especially during U.S. trading hours,” Bitfinex analysts reported.
“Open interest is high but not overheated, and funding is neutral — this is real demand, not a price chase fueled by leverage. Exchange balances continue to decline, and Bitcoin accumulation by long-term holders has resumed.”
This is not a speculative rally — it is a structurally justified move. As long as institutional ETF flows persist and macroeconomic conditions remain stable, any dips are likely to be short-lived and actively bought. The path of least resistance remains upward.
Some view this moment as a full-scale trend reversal.
“We are seeing coordinated flows from ETFs, sovereign wealth funds, and asset managers who increasingly view Bitcoin as a hedge against political uncertainty and a means of long-term growth.
The price movement happening right now aligns exactly with what ‘smart money’ has been preparing for all year.”
Joe Burnett, Director of Market Research at Unchained, believes that the recently announced agreement between Strive Asset Management and Asset Entities (Nasdaq: ASST) could also play a role.
“Since the Strive announcement, shares have risen by more than 700%. This highlights the growing market interest in Bitcoin-treasury companies that are converting balance sheet assets, cash flows, overvalued equity, and even leverage into Bitcoin,” Burnett said. “This is a powerful new model of capital allocation in a world of depreciating money.”
Bitcoin is becoming increasingly attractive for institutional portfolios. “Investors hate uncertainty, but on the other hand, clarity brings confidence,” explained Dave Sedacca, Chief Financial Officer at Parity Technologies.
Whether it’s Trump announcing positive changes in trade agreements or the Federal Reserve maintaining rates, these signals help stabilize market sentiment.
Combined with Bitcoin recently outperforming gold, BTC is becoming an increasingly appealing asset for institutional investors.
In summary, the current growth is fundamentally linked to the emergence of public companies modeled after Michael Saylor’s strategy, which convert their equity and even leverage into Bitcoin.
If this process continues, there will be more than enough fuel for BTC to reach $200,000+. - Pentagon Awards OpenAI $200M Contract for National Security AI Development
The U.S. Department of Defense (DoD) has signed a $200 million contract with OpenAI to develop cutting-edge artificial intelligence (AI) systems for national security applications, the Pentagon announced Tuesday.The agreement tasks OpenAI with creating prototype AI capabilities to address critical challenges in both military operations and defense infrastructure. According to the DoD, the work will be based in the National Capital Region and is expected to be completed by July 2026.
The announcement follows OpenAI’s recent collaboration with defense tech firm Anduril Industries to advance AI-powered solutions for national security missions. The partnership signals growing integration of commercial AI innovations into U.S. defense strategies.
- Iran Launches Retaliatory Strikes on Tel Aviv and Haifa Following Israeli Attack
Iran has carried out a large-scale missile and drone attack targeting the Israeli cities of Tel Aviv and Haifa, according to Iranian state media. The strikes were described as a direct response to what Iran claims was an unprovoked Israeli attack on its territory earlier.Iran’s Mehr News Agency stated that Israel’s aggression left Tehran with no choice but to defend its national security and retaliate. The report emphasized that Iran’s strikes were aimed at what it called “occupied Palestinian territories.”
Prior to the Iranian attack, Israel reportedly struck an Iranian state media facility. The head of the UN’s nuclear watchdog confirmed that Iran’s major uranium enrichment sites were not significantly damaged. Before launching its offensive, Iran also issued warnings to Israeli media outlets, urging them to evacuate.
The situation heightens fears of a wider regional conflict, with potential involvement from other armed groups and global powers. International leaders are likely to call for de-escalation, but the cycle of retaliation between Iran and Israel continues to raise tensions.
This remains a developing story, and further updates are expected as events unfold.
- 🇻🇳 Vietnam Legalizes Crypto: A New Chapter in the Global Web3 Movement
In a landmark decision, Vietnam’s National Assembly has officially passed legislation recognizing cryptocurrency as legal. With this move, Vietnam joins the growing list of nations embracing digital assets—and signals a powerful shift toward a decentralized, blockchain-driven future.
As crypto adoption gains momentum across continents, the global map is rapidly evolving. Governments are waking up to the transformative potential of blockchain, and more are stepping into the Web3 arena.
Who’s next to take the leap?
—Danchima Media
#Vietnam #CryptoNews #Web3 #Blockchain #GlobalAdoption - IAEA Reports No Major Damage at Iran’s Nuclear Sites After Recent Strikes
The International Atomic Energy Agency (IAEA) confirmed on Monday that Iran’s key nuclear facilities, including the Natanz and Fordow enrichment sites, did not sustain significant damage following recent attacks. However, power infrastructure at Natanz was reportedly destroyed, potentially affecting centrifuges in one of its cascade halls.
IAEA Director General Rafael Grossi stated that the agency remains operational in Iran and will continue its safeguards inspections as soon as safety conditions permit. “These inspections are part of Iran’s obligations under the Nuclear Non-Proliferation Treaty (NPT),” Grossi emphasized during a press briefing.
The assessment comes amid heightened tensions in the region, with Iran launching retaliatory strikes against Israel earlier this week. While the IAEA found no major structural damage to Iran’s nuclear facilities, the disruption to Natanz’s power supply raises concerns about potential setbacks in uranium enrichment operations.The agency maintains its monitoring role, though further inspections may be needed to fully assess the impact on Iran’s nuclear program.
- Don’t Just Do Something, Stand There.
As investors, we often feel an urge to do something. The market is moving, news is breaking, and surely, we should be reacting, right? This impulse to act, even when inactivity might be the better choice, is known as action bias. This perfectly human tendency is rooted in our desire to feel in control and productive. But in the world of investing, impatience can often be a costly mistake and is another way your brain is wired to make you a bad investor!
Imagine you’ve bought a promising stock. A few days later, it dips slightly. Your immediate thought might be to sell, cut your losses, or maybe buy more to average down. Or perhaps you’re constantly checking your portfolio, tempted to tinker with your holdings based on every small fluctuation or no movement at all. This is action bias at play – the feeling that you must respond to every market signal.
This innate drive to act often stems from our evolutionary past, where swift action was frequently essential for survival. In a world of immediate threats, doing something, anything, often felt safer than doing nothing. However, this ancient wiring is ill-suited for the measured, long-term game of investing. The constant availability of market data and news headlines amplifies this bias, creating a pervasive fear of missing out (FOMO) or a sense that we should be capitalizing on every shift. Recognising this deep-seated psychological urge is the first step towards consciously overriding it and adopting a more disciplined, patient approach.
Morgan Housel teaches us in “Same As Ever” that:
“Sitting still feels reckless in a fast-moving world, even in situations where it offers the best odds of long-term compounding. It’s like being told that you should play dead if a grizzly charges you – running for your life just feels more practical. The bias towards action is one of the strongest forces in business investing.”Inaction Man
One of the greatest investors of all time, Warren Buffett, offers a powerful antidote to action bias: the concept of the “fat pitch.” Buffett, a keen baseball fan, likens investing to batting. He says,
“The trick in investing is just to sit there and wait for the fat pitch. If people are yelling, ‘Swing, you bum!’ — ignore them.”
What does this mean for us? It means exercising patience. It means doing your research, identifying truly great companies, and then waiting for the opportune moment to invest. And once you’ve invested, it means allowing your investment to compound over time, resisting the urge to constantly adjust your swing or chase every minor market movement. Buffett rarely buys, and even more rarely sells. He waits for the perfect opportunity, then he acts decisively, and then he often does nothing for a very long time, this is most obvious in the case of Berkshire’s wholly-owned subsidiaries. This patient discipline was profoundly influenced by his long-time partner, Charlie Munger, who often distilled this wisdom into poignant observations like:
“The big money is not in the buying and selling, but in the waiting.” & “Waiting helps you as an investor, and a lot of people just can’t stand to wait. If you didn’t get the deferred-gratification gene, you’ve got to work very hard to overcome that.”Set & Forget
Christopher Mayer, in his excellent book 100-Baggers, champions a similar philosophy through the “coffee can portfolio.” The idea, originally conceived by financial advisor Robert Kirby, is incredibly simple: once you’ve invested in a quality company, you figuratively put the stock certificate into a “coffee can” and don’t look at it for 10 years.
This isn’t about blindly ignoring your investments, but rather about deliberately removing the temptation to fiddle with them based on short-term noise. Mayer highlights how many of the biggest investment winners were held for incredibly long periods, allowing the power of compounding to work its magic undisturbed by frequent buying and selling. It forces you to be disciplined and to trust in the long-term prospects of the businesses you’ve chosen.The Wisdom of Doing Nothing
For new, novice or even experienced investors, the key takeaway is often to do less. Resist the urge to constantly trade, to react to every headline, or to obsessively check your portfolio. Do your homework upfront, invest in quality assets, and then let time and compounding do the heavy lifting.
Remember the phrase: “If in doubt, do nowt.”. Don’t do anything unless you’re certain it’s the right move.
If you don’t believe that, maybe you’ll listen to Winnie the Pooh:
“Don’t underestimate the value of doing nothing, of just going along, listening to all the things you can’t hear, and not bothering. Doing nothing often leads to the very best of something.”See you all next Time.
Feedback
I must admit – I got a lot of enjoyment writing this one. It has some of my favourite sayings and investors in it, but copying James Montier somewhat, Winnie the Pooh felt like the best way to end it.
Please let me have any feedback below or just let me know if you’re still enjoying them. I still have lots more biases and tendencies to show and talk to you about and will do so next Saturday!
- How Saudi Arabia is Underpinning FIFA’s Club World Cup Ambitions
Saudi Arabia’s deepening ties with global football take center stage as the Kingdom bankrolls a new era for the FIFA Club World Cup—and sets the stage for the 2034 World Cup.
A Billion-Dollar Bet on Football
Saudi Arabia is playing a pivotal role in reshaping the global football landscape, and nowhere is this more evident than in the revamped FIFA Club World Cup. Without the financial firepower of Saudi Arabia’s Public Investment Fund (PIF), the upcoming summer tournament in the U.S. may have looked drastically different.
The Kingdom’s backing—via an alleged $1 billion deal involving sports streaming platform DAZN—has stirred controversy, particularly as it coincides with Saudi Arabia’s successful, unopposed bid to host the 2034 FIFA World Cup.A Controversial World Cup Selection
In December, FIFA confirmed Saudi Arabia as the host for the 2034 World Cup, just days after announcing a major commercial deal with DAZN. The selection raised eyebrows. Australia’s decision to pull out of the bidding race, citing FIFA’s tight deadlines, essentially cleared the way for Saudi Arabia’s appointment.
FIFA limited bids to Asia and Oceania, despite the fact that the 2022 World Cup was held in Qatar. Critics argue this restriction—combined with an unusually fast evaluation process—virtually guaranteed Saudi Arabia’s success.
The Kingdom was later ratified without a traditional vote—only Norway abstained, citing a lack of transparency.
Ethics, Investment, and Allegations of Sportswashing
Campaigners like Nicholas McGeehan of Fair Square have blasted FIFA’s handling of both the Club World Cup and the 2034 World Cup bidding. “This deeply flawed process was designed to ensure Saudi Arabia won,” he said. He pointed to the simultaneous broadcasting deal with DAZN—partly owned by the Saudi PIF—as a sign of political and financial coordination.
Former FIFA president Sepp Blatter, still banned from football, echoed this sentiment: “Without Saudi’s investment, the Club World Cup in the U.S. wouldn’t be happening. It’s $1 billion from Saudi Arabia that made the DAZN coverage possible.”
FIFA’s Response: A Global Growth Strategy
FIFA denies the tournament is overly reliant on Saudi money. A spokesperson said nine sponsors are now on board and emphasized the importance of global game development.
“This new competition is in the best interests of football,” FIFA stated. “All profits will be redistributed through prize money and a $250 million solidarity program.”
FIFA also argued the tournament isn’t responsible for calendar congestion, as it will be held once every four years.DAZN: Betting Big on Streaming Supremacy
Pete Oliver, CEO of DAZN’s emerging markets division, defended the $1 billion investment, calling the Club World Cup a “fantastic opportunity” for the platform to expand globally.
“This will be the most streamed sports event ever,” Oliver claimed, citing rapid growth in South America and the Middle East.
Asked about PIF’s investment, Oliver insisted there was no political motive. “We’re an independent company… not a pawn in a geopolitical game.”
A ‘Marriage of Convenience’ or a Strategic Play?
One senior football association source called Saudi’s involvement in the Club World Cup a “marriage of convenience.” They argued FIFA needed financial help and Saudi Arabia needed global credibility in football, particularly with local clubs like Al-Hilal participating and Al-Ahli already qualified for the 2029 edition.
While Qatar struggled to convert World Cup hosting into local football engagement, Saudi Arabia sees this tournament as a vehicle to build its footballing profile ahead of 2034.Strategic Goals: Beyond Football
Sources close to the Saudi government describe the investment as part of Vision 2030—a broader economic plan to diversify income, boost tourism, and modernize society through sport.
Saudi Arabia aligns with FIFA president Gianni Infantino’s belief that developing football industries outside Europe could double the sport’s global GDP to over $500 billion annually.
The Road Ahead: Bigger, Bolder, and More Controversial?
Reports suggest FIFA is already exploring a 48-team format for the 2029 Club World Cup, echoing the expanded men’s and women’s World Cups. DAZN’s Oliver supports the idea, provided team quality remains high.
However, such expansion is likely to face pushback. Player unions warn of burnout, while environmental groups criticize the carbon footprint of expanding from seven matches in one city to 63 matches across 11.
A Turning Point or a Tipping Point?
Saudi Arabia’s deep pockets have brought the Club World Cup back to life—but at what cost? Whether this marks a golden opportunity or a dangerous overreach depends on who you ask.
Either way, football is changing—and Saudi Arabia is right at the heart of it.
- What are the Top 20 Best Day Trading Books (To Help You Crush The Market) in 2025
Top 20 Best Day Trading Books (My Favorite Books on Day Trading)
NOTE: This post DOES contain affiliate links because I’m always trying to build up my trading capital.
😎 Because I work closely with the financial services industry, I get asked this question on a regular basis. I’m not going to sugarcoat it: becoming a successful day trader is tough. If you think that you can just watch a few YouTube videos and start making money, you’re in for an unpleasant surprise.
However, despite what the media (and your competition) want you to believe, it is entirely possible to make a lot of money day trading. But as with any profession with high earning potential, it comes with the responsibility of education and investing in yourself. That includes reading about day trading to familiarize yourself with different strategies and to enhance your skills.
Here are 20 of the best day trading books to help you become a better trader, in no particular order.
1. Beginner’s Guide to Day Trading Online by Toni Turner
The key word for this book is “beginner” because it is an entry-level type book for traders. However, I’ve found that the masters practice the basics. It’s better to practice one kick a thousand times than to practice a thousand kicks once. Ah, you agree trader-san? Good. I like the fact that she gives you some history of Wall Street, as well as a few pointers on how to set up everything when you start. She also focuses on the mentality that leads to profits, as well as some fundamentals that will help you build your account. This is a great book, but it is for beginners. You’ll want to read this to start and then move on to some of the more advanced books on this list. Rating: 4.4/5 READ ON AMAZON
2. How to Day Trade for a Living by Andrew Aziz
I actually got the Audible version of this book and enjoyed it. I think this book is unique in the sense that both beginner and intermediate traders can benefit. The book has a decent overview of some of the classic strategies that successful traders have used, as well as where to start and how to develop your strategy. Dr. Aziz pulls no punches. He tells you that profitable trading doesn’t come from listening to an audiobook or browsing online. It comes with practice (lots of practice, I might add), good tools, and ongoing education. Rating: 4.7/5 READ ON AMAZON
3. Mastering the Trade by John Carter
At nearly 500 pages, this is a big beefy book that will take up a lot of space on your desk, but it’s well worth it. It’s one of the few books on this list that takes a deep-dive into the psychological aspect of trading, which is super important because poor trader psychology will often separate the trader from his wallet. The author, John Carter, is the son of a Morgan Stanley stockbroker, so he’s been around stocks his entire life. He was introduced to trading as a sophomore in high school and he hasn’t looked back since. Several big names in the day trading space, including Mark Douglas (who’s featured on this list) and Price Headley, recommend this book. John Carter covers several critical areas, including premarket checklists for analyzing recent market behavior and several risk control techniques for protecting your trading capital. Rating: 4.3/5 READ ON AMAZON
4. How to Day Trade Stocks for Profit by Harvey Walsh
Despite the cheesy cover, this is a really good book. It’s a complete course that is designed to help you get started trading stocks, even if you’ve never made a trade before. The best part about the book is that it’s simple. There’s no jargon and it starts from the basics. Then it builds up to the strategies and tactics behind making money as a day trader. This book has a lot of useful information, including a few reasons why most traders lose, what makes the stock market tick, and how you can get started with no risk. However, my favorite part of the book has to be the “14 Golden Rules” of trading. Every trader should take these 14 rules, frame them, and keep them above their desk. Rating: 4.3/5 READ ON AMAZON
5. The Art of Short Selling by Kathryn Staley
Short selling is often misunderstood or even ignored by most stock market investors and traders. There’s so much focus on going long in stocks that people completely miss the opportunities that abound with short selling. Yet, short selling isn’t just about betting that a stock will go down – it’s a means of hedging your plays, decreasing your volatility, and much more. This book will help you understand short selling and allow you to make it one of the most valuable tools in your day trading arsenal. Perhaps the most interesting part of this book is where Staley shows you how to identify flaws in a company before its share prices drop. She goes into detail about how to evaluate financial statements, make sense of returns, and more. If you’re a day trader who has ignored short selling or doesn’t know much about it, I strongly recommend that you get this book. Rating: 3.8/5 READ ON AMAZON
6. The Disciplined Trader by Mark Douglas
You will see Mark Douglas’ name a few times on this list because he’s authored some of my favorite day trading books. The guy focuses on the psychology behind successful trading and he’s an absolute beast. After all, if you’ve been a day trader for any length of time, you know how important your thinking and emotions are to your trades. In this particular book, Douglas examines the reasons why most traders can’t keep and grow their capital consistently. He talks about limiting mindsets that hold people back and how you can get rid of your own limiting beliefs. This book will help you understand the thoughts that may be limiting your ability to become a successful trader. If this book can help you get your head on straight, it’s well worth the price. Rating: 4.4/5 READ ON AMAZON
7. Day Trading for Dummies by Ann C. Logue
This is another example of a beginner-friendly book that should be referenced every few months to keep you fresh on the basics. If you’re a beginner day trader, this should be near the top of your “to-read” list. It’s written in simple English and goes from classic strategies to nitty-gritty trading practices. While it doesn’t go deep into any particular area (like some of the books on this list) it gives a good bird’s-eye overview of everything. My favorite part of this book is the chapter on taxes. While I’m not a tax professional and I’m NOT giving you advice, if you want to a day trader full-time, you need to know about Form 3115, filing your 1040ES and paying estimated taxes each quarter. You also need to learn about how to keep good records of your trades and deductions. Please make sure you consult a CPA or tax professional, but the tax chapter in this book will get you thinking. Rating: 3.6/5 READ ON AMAZON
8. High Probability Trading by Marcel Link
This was one of the very first day trading books I ever read, and I remember it fondly. It’s over 400 pages, but it’s still an easy read. It picks apart almost every aspect of trading and shows you how to be successful. The focus of this book is on teaching you how to make trades that are highly likely to be profitable. Marcel Link talks about how you should set up several systems, including a money management plan and risk parameters. My favorite chapter is chapter 17, “The Dangers of Overtrading”, where Link explores one of the biggest mistakes that amateur traders make. Rating: 4.2/5 READ ON AMAZON
9. All About Day Trading by Jake Bernstein
Here’s another book that should go on your beginner list, since it covers all aspects of the subject. You might be thinking, “Wow – all these beginner books seem to cover the same stuff”, and I thought that too. However, when you start reading the different books you realize that different authors have certain details that, when combined, help you better understand trading as a whole. This book teaches you how to track news and important events – also known as “trading the news”. It also shows you how to use basic stuff like moving averages, momentum gaps, and more. Rating: 3.4/5 READ ON AMAZON
10. Start Day Trading Now by Michael Sincere
In this entry-level day trading book, Michael Sincere assumes that you don’t know anything. He is super clear about how to get started and breaks down day trading into several topics, including the equipment you want to have, how much money you’ll need, how to set up a trading account, different trading strategies, and how to manage risk. This is another book that’s easy to understand and gives you the fundamental lessons and realities of day trading. It has nice anecdotes and doesn’t throw around too much technical jargon. I read this book later in my trading career and wish that I read it earlier. Rating: 4.1/5 READ ON AMAZON
11. The Truth About Day Trading Stocks by Josh DiPietro
This is one of my favorite day trading books, and the best way to describe it is “no-holds-barred”. Josh doesn’t hold back. He tells readers that day trading is a high-risk profession and that nobody should contemplate becoming a day trading without giving thought to some harsh realities. He doesn’t sugarcoat anything – he explains that most people enter the game with false expectations and they get crushed. This book is unique in the sense that it feels like a reality check. It talks about when you should take breaks, why overexposure to the market can hurt, why traders make mistakes, and why most day trading training programs are just ripoffs in disguise. My favorite part of this book is the last two chapters, “The Perfect Trading Day” and “The Worst Trading Day”. If you’re serious about being a day trader, this book will get you to think differently. Rating: 4.1/5 READ ON AMAZON
12. Digital Day Trading: Moving From One Winning Stock Position to the Next by Howard Abell
This book was published in 1999, so it has that antiquated “internet stock boom” feel to it. Ah, good ol’ history. However, it’s still a great book. It was recommended to me by several of my successful day trader friends and I brushed it off at first. Yet, when I started reading it I couldn’t put it down. Looking at the Amazon reviews is like stepping back in time – a bunch of them are from 1999 and 2000. This book was popular back in the day and it still has some useful information. My favorite chapters are 5, 6 and 7 because they contain interviews with 3 day traders and it gives you a good look into their thought process. Rating: 3.5/5 READ ON AMAZON
13. Range Trading: Your Step-by-Step Guide to Consistent Range Trading Profits by Michael Young
I think this is one of the best day trading books that talks about range trading. Successful day traders have several strategies under their belt, and range trading is just another strategy that you can whip out and use. This book is only 25 pages, so it’s extremely short, but it cuts straight to the chase and tells you what range trading is, why it works, how to select buy and sell prices, etc. If you’re interested in range trading, this is a good place to start. Rating: 3.4/5 READ ON AMAZON
14. Trading Price Action Trends by Al Brooks
Following trends and trend trading is another strategy that traders use, and this book is one of the leaders of that strategy. At nearly 500 pages, it’s another big beefy book but it’s meant to be a guide that you continue to reference for the rest of your career. I’ve got my copy on my bookshelf behind me right now as I type this. I like the author’s philosophy because he teaches traders that there are no rules, only guidelines. This is similar to Marcel Link’s philosophy of identifying high probability trades. This isn’t the easiest read, but it isn’t meant to be. Al Brooks’ trading system relies on trading 5-minute price charts and he’s found a way to capture profits regardless of market direction. He reveals his own successful trading strategy in this book, and I’m forever grateful. Rating: 4.1/5 READ ON AMAZON
15. Stock Trading Wizard: Advanced Short-Term Trading Strategies for Swing and Day Trading by Tony Oz
This book isn’t just about day trading – it includes information about swing trading too, so if that floats your boat, this book is for you. One of the nice parts of this book is Tony’s stock screening formulas. While you should never rigidly stick to one strategy, these formulas serve as a nice guide that you can check every now and then. I like this book because it explains technical analysis and charting in a way that makes it seem less like voodoo or reading tea leaves and more like something useful. It also has tons of high-quality illustrations, so if you get this book, make sure that you get the actual printed version. Rating: 3.6/5 READ ON AMAZON
16. The 1 Hour Trade: Make Money With One Simple Strategy, One Hour Daily by Brian Anderson
I was skeptical about this book because it seemed like an “easy money” book, but I was impressed when I got it. I got the Kindle version and read it before bed each night until I finished it and I was surprised at how good it was. At 101 pages, it’s a short book but it gives you a detailed, step-by-step blueprint that works. There’s no theory or fluff in here. You get taught a successful strategy in its entirety, including the specific scanning parameters for locating the trades and the specific steps you need to execute the trade. I don’t want to give away any of Brian’s proprietary information, but I can tell you that he spoon-feeds you what you need to know. It’s like sitting down and having a conversation with him. Rating: 4.3/5 READ ON AMAZON
17. How to Day Trade: A Detailed Guide to Day Trading Strategies, Risk Management, and Trader Psychology by Ross Cameron
Well, the title of the book pretty much sums it up. I also bought this book and Kindle and enjoyed reading it. Author Ross Cameron said something cool that I wrote down in my notes. He said that “a day trader is two things: a hunter of volatility and a manager of risk.” I think that’s one of the most brilliant things I’ve ever heard in the day trading space and it’s 100% true. This book will help you tilt the odds for success in your favor by doing those two things, which is what day trading is all about. The last chapter of the book is called “Three Step Day Trading Plan” and it alone is worth the price of the book. Just make sure that you follow what he says. Rating: 4.5/5 READ ON AMAZON
18. Charting and Technical Analysis by Fred McAllen
I’m not sure whether I would list this book as a beginner book or not, because it’s fairly technical (no pun intended) but it’s full of stuff that every day trader should know, such as different charting patterns and signals. This book is fairly in-depth and it explains what different price movements mean and what your response should be. Of all the books that I’ve read on stock and chart analysis, this ranks in the top 3. It’s not some huge 500-page book (it’s like 250 pages) but it still gives you enough valuable information that you can apply right away. You probably want to read this book two or three times to fully absorb all the information. Rating: 4.5/5 READ ON AMAZON
19. Trading in the Zone by Mark Douglas
When I started day trading, this was one of the books I saw on Amazon and immediately purchased. I’ve always been interested in psychology and this book takes a good look into the psychology of a successful day trader. Douglas outlines the different limiting beliefs and “head trash” that traders have, including how to undo them. If you want to trade with a carefree state of mind, this is the book for you. A lot of people think that this book is better than Douglas’ first book, “The Disciplined Trader”. While I think both books are awesome, I have to agree that this one is better – probably because he was more experienced when he wrote this one. Rating: 4.5/5 READ ON AMAZON
20. Technical Analysis of the Financial Markets by John J. Murphy
This is a big book and it’s definitely not bedtime reading, but it’s well worth your while as a day trader. I originally got this book from the library to check it out and see if there was anything I could glean from it. At that point, I had already read several technical analysis books and didn’t want to buy it if it was going to repeat the things I already knew. Well, when I got the book I was blown away. Yes, some of the concepts are the same, but the way that they’re explained and presented is so well done. There’s a reason why this is one of the most popular technical analysis books ever written. Every trader needs this book on his/her bookshelf. No exceptions. Rating: 4.6/5 READ ON AMAZON
- King Tutankhamun: The Pharaoh Whose Secrets Still Unfold
More than a century after British archaeologist Howard Carter first peered into the tomb of King Tutankhamun, the world remains captivated by the boy king of Egypt. His golden mask, chariots, and funerary treasures have long dazzled museum-goers—but beneath the glimmer lies a story still being written.
What many don’t realize is that it took a full decade just to carefully clear the tomb and transport its fragile contents to Cairo. The process was delicate—many of the artifacts, over 2,000 years old, were so brittle they had to be coated in wax just to be moved without disintegrating.
While the treasures themselves became iconic, the real work only began after they were put on display. Since the 1930s, researchers have embarked on an ongoing scientific investigation into the artifacts and even the mummy of Tutankhamun himself. These studies are revealing a surprisingly vivid portrait of the young pharaoh as more than just a ceremonial figure—perhaps even as a warrior.
For instance, one scholar devoted an entire book to the leather objects found in Tutankhamun’s tomb. Among them was a full suit of leather armor—remarkable in its own right, but even more so because it showed signs of real wear. Sweat stains and scuff marks suggest it was used in life, not simply crafted for the afterlife. Could this boy king have actually led troops into battle at age 18? The evidence suggests it’s more than just legend.
Other myths are being dispelled as well. For years, it was thought that Tutankhamun suffered from a clubfoot and walked with a pronounced limp. But researchers who studied his sandals found no indication of such a deformity. The wear on the soles was symmetrical, suggesting he moved with balance and coordination. The supposed disability, it seems, was likely a misreading of the evidence.
And then there’s the dagger—a small object, but one that carries a cosmic twist. Buried alongside the pharaoh was a beautifully crafted weapon with a rock crystal handle and an iron blade. But iron wasn’t being produced in Egypt during Tutankhamun’s lifetime. So where did it come from?
Modern analysis revealed something astonishing: the iron came from a meteorite.
That’s right—this dagger, fit for royalty, was forged from materials that fell from the sky. Ancient Egyptians, lacking smelting technology, would have recovered the metal from meteorite fragments and then shaped it by hand. This discovery isn’t speculation—it’s been scientifically confirmed. At least two objects in Tutankhamun’s tomb were crafted from extraterrestrial metal.
These ongoing discoveries serve as a powerful reminder that history is never truly settled. Each new test, each microscopic examination of a sandal or a sword, reshapes what we think we know about the past.
King Tutankhamun may have died young, but his legacy continues to evolve. And far from being a static museum exhibit, his tomb remains a living archive—one that still has secrets to tell.
- The Power of the Pause: Why Slowing Down Speeds You Up
For the wellness-minded, those chasing the good life — rest is often the forgotten pillar. We talk about nutrition, movement, meditation… but recovery? That’s still underappreciated.
Let’s be honest — taking a real day off sounds easy… until you try it.
Your phone keeps buzzing. Notifications flash like neon signs. Your mind jumps from one unfinished task to the next. And somewhere deep inside, that voice of the grind whispers, “Just one more thing…”
But here’s the thing many of us forget: rest is not the opposite of productivity — it’s a vital part of it.
For those of us who believe in the good life, in good health, and in sustainable success, rest isn’t optional. It’s essential.Health is more than what you eat — it’s also how you pause.
Because wellness isn’t just about green smoothies, yoga poses, or 10,000 steps a day. It’s about wholeness. And sometimes, the most powerful act of self-care is simply doing nothing.
Yes — nothing.
Turning off the noise. Letting the screen go dark. Breathing in the silence. Letting your nervous system reset, your thoughts slow down, and your body remember what peace feels like.
“In a world that rewards the always-on, turning off is revolutionary.”
You don’t stumble into that kind of recovery. You choose it.
And that choice takes discipline — the kind that says: I don’t need to be constantly “on” to be valuable.So to our Danchima communit — the dreamers, the builders, the wellness seekers — remember this: You’re allowed to rest.
In fact, if you want to go far, it’s required.
Because the good life?
It starts with a well-rested you.
- Top 5 ideas for trading this week
🟡 Target (TGT). Report on May 21 after the close. Retail chain. Mid-term pricing is quite attractive. The $90 level, minus 36% for the year. Intraday volatility is traditionally good after the report.
🔴 Snowflake (SNOW). Report on May 21 after the close. Adobe, AT&T, HP, Mastercard, PepsiCo and Yamaha use Snowflake software to store, process and analyze data. A gap up and strong intraday move is very likely, mid-term 50/50, already too far off the lows.
🟡 Baidu (BIDU). Report on May 21 before the open. China’s major search engine. Very strong at the $75 level. If you want to buy into a portfolio of Chinese stocks for the mid-term, not a bad candidate.🟡 Zoom Communications (ZM).
Report on May 21 after the close. At COVID-19, the stock was up to almost $600. Since then, it has returned to normal levels, marked support at $60, and has periodically pulled back from it. On May 7, ServiceNow announced that it will build Zoom’s voice, video and chat into its AI customer experience platform as part of a partnership with Zoom. As a mid-term idea ok, but below $60 it hardly makes sense to hold.
🟡 XPENG (XPEV). Report on May 21 before the open. Chinese electric car maker. On Thursday, the company revealed the first images of the next-generation P7 sports sedan, designed by Rafik Ferrag, looks good. Trump said over the weekend that he wouldn’t mind stopping by China to meet with Xi. Among Chinese electric car makers, XPENG has one of the best year-to-date performances (+150%). Mid-term only, intraday is best not even touched.Trade what suits you best:
🔴 high risk, for the pros;
🟡 medium risk, for traders with little experience.
All tickers are already in the Hot on TRADING212
