The Naked Trader: How Anyone Can Make Money Trading Shares
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Average customer review:Product Description
It's back - and this time it's even more revealing. In this completely updated and expanded edition, top trader Robbie Burns gives you the lowdown on the strategies you need to make money from the stock market without having to sit at a screen all day. Robbie quit the rat race in 2001, and believes you can do it too. The original Naked Trader flew off the shelves as the glowing reviews from readers mounted up. This new edition contains loads of new stuff: more essential tips, more key facts, more ideas, more insights, more real-life tales and an awful lot more toast. Robbie, aka the Naked Trader, is your expert and highly entertaining guide to the often 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, escape the rat race and make a lot of money. This book tells you all you need to know. If you're a complete beginner you can start here or if you're currently trading but want to learn some new ideas - get reading now! Robbie reveals his trading secrets gathered from ten years of money making. From how to find good shares in the first place, ensuring you don't buy a complete stinker, to using spread betting to enhance gains and how to make big returns quickly from smaller companies. There's also his simple 'traffic lights' system, which makes reading company reports a doddle, and real traders reveal their horror stories and winning tips! This time, Robbie reveals his top 10 secret winning strategies - 10 sure-fire ways to ensure only the best shares get bought. Plus, how to get the confidence to hold onto winning shares and get rid of losers, and how to buy and sell at the right time. Packed with practical and easy to follow advice, everything is explained simply with none of the incomprehensible jargon found in so many other books. Whether you just want to make a few quid on the side while you're at work or you want to go on to make money from the markets full-time and quit work like Robbie, this book is all you need to get started - so grab some tea, toast and relax, and just maybe a richer future awaits!
Product Details
- Amazon Sales Rank: #1560 in Books
- Published on: 2007-12-10
- Original language: English
- Number of items: 1
- Binding: Paperback
- 367 pages
Editorial Reviews
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
What a gem!
Thinking about trading or just getting started? Then this book is an absolute must!
What a refreshing insight to the stock markets, excellent simplified knowledge (the book doesn't lose you in Stock Market jargon but does explain it when necessary) that offers direction on how & where to look for stocks that are worth trading. (Plus much more)
There are lists of essential sites & info links which alone will save you hours of research. Along with some of Robbie's own great techniques & methods this book is more than enough to get you well on the way to making money from the markets.
In a nutshell: A sound common sense guide to trading that is easy to understand. It covers everything you'll need to know when starting out & it will help you avoid the pitfalls & making the common mistakes of the game. It's a Buy!
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.
If your new to or thinking of taking up trading buy this book now!
Structured in a well thoughtout logical fashion this book will guide you through the basics of share trading/investing. Covering the basics, such as "what a spread is", different types of broker, what moves share prices, this book is comprehensive with out being overly complex, a fault of many other books on this subject.
The authors top stratergies are covered and you will find some excellent advice in this section.
Some of the more exotic forms of trading such a spread betting, cfd's covered warrents, Short selling are also covered for the more experienced. Theres an releaving chapter of faux pas made by real traders, so the reader can learn from others mistakes, and the auther is down to earth enough to include some of his own trading hash ups. With frequent reminders throught the book on best practices, trading rules and advice to preserve your trading capital.
My trading account has benfitted from the wisdom contained in this book! All written in a no-nonsence refreashingly humours style, I cannot recommed TNT highly enough.




