The Diary Of a Cfd Trader "How To Make Serious Money From Contracts For Difference"

How To Make Serious Money From Contracts For Difference

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Davey, Charles

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ISBN:9781906659066
Editorial: Harriman House Publishing
Fecha de la edición:2009
Encuadernación:Rústica
Dimensiones: 0 cm x 0 cm
Nº Pág.:239
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This diary charts the ups and downs of a CFD trader - taking you on a thrilling trading journey and showing how, with some hard work, you too can make serious money trading CFDs. Along the way the book provides an excellent practical introduction for new CFD traders. It explains the mechanics of trading and the language and jargon surrounding CFDs. It also shows more experienced traders how to trade effectively enough to generate a healthy income. At the heart of the book is the four-month diary that the author kept while trading an initial $13,000 account. Over the first month the account plummeted to around $8000, but then skyrocketed to $28,000 and beyond. The psychology and decision-making that Davey goes through is fascinating, and the book tells of joys, occasional irrational actions, depressing losses and big wins. This book is an essential read for anyone looking to trade CFDs and those looking for some real-life lessons from a successful part-time trader.