Product Description

In this revealing new book, top trader Robbie Burns cuts through the jargon to give you the low-down on the strategies you need to make money from share dealing. Robbie, aka the Naked Trader, is an expert and highly entertaining guide to the sometimes baffling world of the stock market. In between cups of tea, rounds of toast and the occasional 'cuddle' with Mrs Naked Trader, he describes the straightforward techniques that have enabled him to succeed in the markets and escape the rat race. The book kicks off with the basics such as: the best websites, magazines and newspapers to look at; the kit you need to get cracking; and some key tips for choosing a broker. Robbie, then, gives you the essential techniques for picking the good shares and, just as importantly, avoiding the bad ones, and finishes up with some more advanced topics like how to make money even when shares fall. Along the way you also get the chance to spend a day with the Naked Trader with an exclusive extract from his private (and revealing) diary. Throughout, everything is explained in plain (sometimes too plain! - Ed) English and with a sense of humour, honesty and enthusiasm rarely found in books about money. Not afraid to bare his soul (among other things) the Naked Trader even reveals some of the painful mistakes that he has made in the markets to help make sure that you do not fall into the same traps. There may not be any guaranteed short cuts to trading success (as an important Naked Trader rule states - 'If it sounds too good to be true it probably is'), but this book gives you everything that you need to learn to trade successfully, and perhaps even escape the 9 to 5 slog like the Naked Trader has. Packed with practical advice and delivered in a down-to-earth style, this book is all you need to get started. So, grab your laptop and get trading - your naked future awaits!

Product Details

• Amazon Sales Rank: #68948 in Books
• Published on: 2005-10-17
• Format: Illustrated
• Original language: English
• Number of items: 1
• Binding: Paperback
• 276 pages

Review
The book covers an impressive amount of ground, from the basics of setting up as a trader, to the meat of strategies and psychology, and plenty of honest examples of where things have gone wrong. As an introduction to the world of shares, The Naked Trader scores highly. --Dominic Picarda, Investors Chronicle

The relaxed way to make a fortune! --David Schwartz, market expert

The Naked Trader is a huge hit because it makes novice investors money. --Clem Chambers, ADVFN

George Hallmey, Click Events
"Robbie is his own man and his book will show you that it is possible to build a susbstantial portfolio using common sense techniques."

David Schwartz, market analyst
"A must read for all aspiring millionaires..."

Customer Reviews

A Naked Success.
In my opinion this is an excellent read well worth investing in.

The second edition of the Naked Trader is aimed I believe not only at the novice share dealer but also the relatively new one who may need the basic principles obtained from the first edition of the book reinforced by new ideas and strategies, which, I am pleased to report, are provided in abundance by the author. I believe it may also be aimed at the more experienced dealer who has perhaps lost their way a little, doesn't understand why, and would like to polish up on their skills. Read this book and a light-bulb will switch on in your head - you'll realise how and why you have been going wrong.

It is very refreshing to read a book on this subject that has been written in such an entertaining, easy-to-understand and logical style. So long as you can read and understand English you will understand everything in this book!

It took me all of 2 days to read this 2nd edition; 347 pages of one man sitting me down and providing me with sound, intelligent advice about a topic I had, until then, little knowledge of. I have been sitting beside the same boss at work for 7 years now and have never heard him say an intelligent or sound thing yet - but I digress....

Robbie explains the pitfalls of trading and, compellingly, and almost accidentally, gives an invaluable insight into the psychology of the share dealer. He does this by providing real examples of mistakes he made and how he now avoids them. The beauty of the book is that you can relate to the mistakes without having had previous experience of share dealing. Of course, having read the book, you don't need to make similar mistakes yourself, do you?!

Spread betting is a topic that is a potentially ominous subject for anyone new to share dealing to broach but this book explains it simply and brilliantly. There is also an excellent chapter that deals with the 10 top strategies employed by the author to hunt down the best shares that make good profit.

If, like me, you thought you might be a bit thick to ever get your head round share dealing, I promise you that having read this book your confidence will soar and you will feel more than able to proceed.

Finally, the book appears to take it for granted that you have access to the internet and can find your way round a web site without too much drama. If you don't have such access, I wouldn't bother buying it for yourself but instead buy it for someone who does.

The bare building blocks
This book, whilst relatively informative and easy to read as an entry point into trading stocks and shares should be treated with caution. It is, as has been suggested very fundamentalist, there is little or nothing to do with technical analysis except some very general points.The index is terrible, which doesn't help; also it is very focused on the use of one particular website (of whom the author is a writer for). A person that really wanted to learn for themselves would need to read up a lot more. A basic and easy to understand book but not a lot here. The author also uses it to gain publicity for his other capitalistic ventures, i.e. through his website and offers numerous offers for you to take advantage of. The phrase too good to be true comes to mind here. I therefore think the book is more of a marketing pitch for him rather than a truly informative insight into the world of trading for a new investor.

The Naked Trader
If your new to the world of investing and don't know where to start, this book is a must. There are plenty of books out there that will promise this system or that method will bring untold riches with little effort and in no time at all.
This book does none of that. It sets out in plain down to earth English and with some humour, how to slowly, surely, and with safety in mind increase your wealth by trading shares. It's packed with common sense and I wish I had read this book 20 years ago.