
By Robbie Burns
During this revealing new booklet, the follow-up to the bestselling first version, most sensible dealer Robbie Burns cuts in the course of the jargon to provide you the lowdown at the thoughts you want to generate income from proportion dealing. Robbie, aka the bare dealer, is knowledgeable and hugely unique consultant to the occasionally baffling global of the inventory marketplace. In among cups of tea, rounds of toast and the occasional 'cuddle' with Mrs bare dealer, he describes the simple strategies that experience enabled him to reach the markets and get away the rat race. The ebook kicks off with the fundamentals akin to: the simplest web content, magazines and newspapers to examine; the equipment you want to get cracking; and a few key information for selecting a dealer. Robbie then provides the fundamental options for selecting the great stocks and, simply as importantly, warding off the undesirable ones, and winds up with a few extra complicated themes like the way to make cash even if stocks fall. alongside how you additionally get the opportunity to spend an afternoon with the
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Additional resources for The Naked Trader: How Anyone Can Still Make Money Trading Shares
Example text
Perhaps you’ve suddenly come into money unexpectedly – say £50,000! Great – as you weren’t expecting it and, presuming your financial status is OK, then no reason why you shouldn’t invest £15,000 of it. Are you a compulsive gambler? Let’s presume you have the money to play with. One final thing to check: are you a compulsive gambler? • Do you bet on the horses, buy scratch cards, go to the casino, play online betting games on a regular basis? And does that give you a feeling of excitement? • Do you feel unable to stop doing these things because they are really enjoyable, even if you are losing?
Hoping it will help pay school fees for your kids? • Provide a better retirement? • Or do you want to become a “full-time trader”? Think about what you want from the market, because what you want (and how much you want it) will affect how you trade. Make more money by not relying on the markets I believe it is easier to make money on the markets if it is not your main source (or hopeful source) of income. If you’re currently in a full-time job you should do what I did and think about new income streams.
I check through the main portfolio but everything’s going well. The worst time is when a share goes down quite a bit and I have to decide whether to get rid of it or not. But not today. 3pm A telephone call from a call centre – you can always tell by the delay. I stop the sales pitch fast. “Give me your home phone number and I’ll call you tonight to discuss it,” I offered. Always gets rid of them quickly! It’s a lovely day so I play some games with toddler Christopher on the terrace which has fake grass – no mowing!