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42 Things I Wish I Had Known When I Started to Trade Stocks, Forex, CFD
Contributor(s): Puscaragiu, Andrei (Author)
ISBN: 1520134045     ISBN-13: 9781520134048
Publisher: Independently Published
OUR PRICE:   $6.88  
Product Type: Paperback
Published: December 2016
Qty:
Additional Information
BISAC Categories:
- Business & Economics | Investments & Securities - General
- Business & Economics | Personal Finance - Investing
Physical Information: 0.35" H x 6" W x 9" (0.50 lbs) 162 pages
 
Descriptions, Reviews, Etc.
Publisher Description:
According to one academic study, 4 out of 5 active traders lost money and only 1 in 100 could be described as "predictably profitable." According to the AMF, France's financial market regulator, 89 per cent of French clients lost money trading Forex and CFD between 2009 and 2012.

Each day new traders and investors, full of enthusiasm and hope, begin their quest for (big) profits. Unfortunately, for most of them the ride turns out to be a nightmare, and they end up losing (a lot of) money.

Trading is hard. You need to be fully aware of all the risks that arise from trading. You need to understand the unwritten rules of the financial markets. You need to accept you are on your own in a combat with other individual traders and investors, investments funds, hedge funds, banks and other market participants. You need to accept that one of the financial markets' rule is "Eat or be eaten."

This is why the book can help you
In less than 3 hours, this easy to read and understand book for beginners will teach you how to avoid the most common pitfalls of trading and how you can avoid losing your money.

This book will not teach you a specific trading methodology. The goal is to help you understand the most important mistakes that can make you fail.

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* (study conducted in Taiwan by Brad M. Barber, a finance professor at the University of California, Davis)