Introduction by ebook's author:
Trading the stock exchange is a FANTASTIC way of making money and many traders dream of trading for a living. This is essential reading for ANYONE who is serious about trading whether you intend to trade for a living or not.
Having supported and trained well over 1000 traders it becomes clear why some traders succeed and others fail. This book describes the difference between the two and pulls no punches in describing what to do to trade profitably and stand a chance of trading for a living.
“I will stick my neck out and say that if you do not believe and act upon what is covered in this book you will almost certainly become one of the trading tragedies. ”
David Graeme-Smith Author of “Short Swing Trading” and “All you need to know about Financial Spread Betting”
I have traded for a living since 2001 and have also written three books on trading. I have sold a great many books in over 50 countries around the world. With my first book, Short Swing Trading (SST system) I offer email support to help traders understand the strategy and, as far as I can, to help them succeed.
Having answered many thousands of emails from well over a thousand traders as well as holding one to one personal coaching sessions, patterns begin to emerge and then confirm by repeating over and over again. The same questions arise and the same attitudes to trading come through.
Some traders achieve success while many more fail. The ones that succeed are in the minority because trading successfully is difficult. It goes against many of our natural instincts and people are always looking for an easier route to success.
As a trader with a background of 20 years as a training manager in three different industries, I set about analyzing the key reasons why some succeed and even go on to trade for a living while others fail to ever get into consistent profits and eventually give up. Of course lots of people try trading but approximately 90% of all traders end up losing enough money to make them quit.
If you are currently not satisfied with your trading results whether you wish to trade for a living or not then this book is an absolute must for you.
If you are a novice trader this book will give you a realistic perspective on trading and a track to run on with a clear idea of the key things to will need to master.
Some of the content you may be aware of – perhaps it is even obvious to some, but I guarantee that even if you are an experienced trader there will be things that you will learn that may just be sufficient to turn your trading around or take it to the next level. The content is applicable no matter what you trade (Stocks, Forex, Futures etc) or what time frame you trade (day trade, swing trade etc)
There are numerous books available on trading and many of them promise to make you a lot of money quickly. Why, because that matches the expectations of the people buying them. This book pulls no punches in telling you it is not that easy and explains why so many traders fail through unrealistic expectations and ideas of what successful… Read more…
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