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Live on the Margin

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What would you do if money were no longer a concern? Surf the best breaks, sail oceans, climb mountains, build schools in third-world countries, write a book, raise Peruvian fainting goats? What would you do if you didn’t have to show up for work tomorrow morning?

Making that dream happen—stepping into an unknowable future for a life of adventure takes courage, decisiveness, an unwavering belief in yourself, and the willingness to take 100% responsibility for the outcome. Those happen to be the very same traits that define the successful trader. The skills you learn in pursuing your dream—through trading—might just remove money from the list of reasons you think that you can’t fulfill it.

This book is about more than trading and personal finance strategies—we propose an entirely new way to evaluate risk, in life as well as in finances. By taking the right risks and ignoring the imagined ones, you’ll be paid with the one priceless commodity that is truly limited in your life—time.

406 pages, Kindle Edition

First published December 8, 2012

75 people are currently reading
101 people want to read

About the author

Nick O'Kelly

5 books3 followers

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5 stars
54 (41%)
4 stars
36 (27%)
3 stars
26 (20%)
2 stars
10 (7%)
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3 (2%)
Displaying 1 - 7 of 7 reviews
8 reviews
August 9, 2013
Amazing.

One of the most valuable books I have ever read. If you don't want to spend the rest of your life working towards a retirement that may or may not happen if you survive until you're 65, this is the book for you. Its about how to live in such a way that you can take mini retirements whenever you desire.

Chapter 7 was really the clincher for me. I actually started crying as I listened to it (audiobook version). I realized that what they were describing is the exact thing I had been wanting for my life for so long, and that it was possible to achieve.

If you aren't satisfied with your current job, environment, life in general, and you're looking for an adventure - this book will show you how to do it.

I sound like a sales person, I know. But I'm not. I'm just a mid-30s single Mom with a career that I'm going to trade in for an adventure.
131 reviews1 follower
February 28, 2021
Interesting look at a way to live life, who knows if the fade trading is possible but a good look regardless.
Profile Image for Kamaria.
11 reviews
August 18, 2021
Practical and informative

This book breaks down the nitty-gritty while giving you a useful overall perspective. Great reference for beginners! Easy language and relatable examples.
3 reviews
June 15, 2020
Great book, better if you follow it

As a lifelong sailor who went the other way from high to low risk, doing the ‘responsible thing’ is over rated. These guys touched on the power & benefits of taking risks with huge payoffs.
I found this book, read it, did the audiobook and now I am stepping into actually doing it. Follow their guidance on managing risk and go for it!
237 reviews13 followers
December 26, 2013
interesting perspective on lowering your personal "burn rate" and taking a series of mini retirements funded by stock trading. not a very detailed book as everyone's interests and skills are different but the illustrations from the authors were interesting. nice intro information on trading for income to a complete newbie but if you have traded before and played options you won't learn much. the real value in this book is in how it all fits together with your dream and steps to take to realize the dream.

pairs nicely with Aaron Clarey's "enjoy the decline"
Profile Image for Rebecca MacNeal.
27 reviews
January 23, 2013
An inspirational and educational book explains how to follow your dreams with financial sense with a good dose of adventurousness. What I really liked about this book is that it helped me understand the nuts and bolts of trading stocks. I no longer feel intimidated by the language of the stock market or its major players.
Profile Image for Aaron.
56 reviews4 followers
October 28, 2014
A good intro book to trading yes, but also has a lot to say about avoiding the classic american trap of a life-ending career path. About learning to understand risk and be a responsible problem solver rather than helplessly looking to others. An inspiration to think differently about your quality of life and what you want to do rather than who you want to be.
Displaying 1 - 7 of 7 reviews

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