Too often impending traders are sold the dream that trading is easy, and once you have mastered a few basic skills you can lie on a beach on a deserted tropical island and watch the cash roll in to your bank account in a protected tax haven. Nothing could be further from the truth. As with any profession or business, trading requires learning and skill development, a plan, and lots of ‘blood, sweat and tears’ before it becomes rewarding. 20 Most Common Trading Mistakes and How To Avoid Them looks at common mistakes traders, generally technical traders, make. Each chapter offers inside information from stellar traders such as Larry Williams, Jake Bernstein, Van Tharp, Brett Steenberger, Russell Sands and Louise Bedford. Readers will be reassured by the fact that even the professionals make mistakes and sometimes these mistakes cost hundreds of thousands of dollars. Traders, however, will continue making mistakes until they are given the tools to address them. Kel Butcher and the interviewees provide readers with practical solutions for addressing their Achilles heel. Conversational and light in tone, 20 Most Common Trading Mistakes, is a great, engaging read for professional and amateur traders alike.
Book Details:
- Author: Kel Butcher
- ISBN: 9781118303672
- Year Published: 2009
- Pages: 224
- BISAC: BUS027000, BUSINESS & ECONOMICS/Finance
About the Book and Topic:
Too often impending traders are sold the dream that trading is easy, and once you have mastered a few basic skills you can lie on a beach on a deserted tropical island and watch the cash roll in to your bank account in a protected tax haven. Nothing could be further from the truth. As with any profession or business, trading requires learning and skill development, a plan, and lots of ‘blood, sweat and tears’ before it becomes rewarding. 20 Most Common Trading Mistakes and How To Avoid Them looks at common mistakes traders, generally technical traders, make. Each chapter offers inside information from stellar traders such as Larry Williams, Jake Bernstein, Van Tharp, Brett Steenberger, Russell Sands and Louise Bedford. Readers will be reassured by the fact that even the professionals make mistakes and sometimes these mistakes cost hundreds of thousands of dollars. Traders, however, will continue making mistakes until they are given the tools to address them. Kel Butcher and the interviewees provide readers with practical solutions for addressing their Achilles heel. Conversational and light in tone, 20 Most Common Trading Mistakes, is a great, engaging read for professional and amateur traders alike.
Read the inside details on the mistakes traders make, from the experts who have made mistakes themselves – Larry Williams, Jake Bernstein, Russell Sands, Brett Steenberger, Glenn Larson, Ryan Jones, Van Tharp, Louise Bedford, Davin Clarke, Chris Tate and Gary Stone Learn how to avoid making these common mistakes – from the mouths of the professionals Educate yourself now whilst waiting for the upswing in the market
About the Author
Kel Butcher is a financial markets trader with over 18 years experience trading equities, futures, options, warrants and CFDs. He is a regular contributor to Your Trading Edge magazine and contributed to Give Your Trading the Edge – published by Wrightbooks in partnership with Your Trading Edge magazine. Kel is also the author of the Wrightbooks title A Step-by-step Guide to Buying and Selling Shares Online. Kel acts as a consultant to a managed fund based in Sydney and to a boutique trading company also in Sydney. He is also a consultant to a share trading software program and is a mentor and trading coach to a number of both private and corporate investors. Kel is a regular speaker at Australian Investors Association meetings, and at meetings of the Australian Technical Analysts Association.