This is the most revealing (and fun) guide to making money in the stock market you will ever find.
Robbie Burns, aka the Naked Trader, is an ordinary bloke who quit his day job and traded his way to over £3 million buying and selling shares–tax-free. No gimmicks. No multiple screens. No lucky bubbles. Just common-sense trading techniques, tea, toast and afternoon naps. And a lot of time to do whatever else he wanted.
While whole industries rely on making trading sound more difficult than it really is, the secret no one wants you to know is that anyone can use it to never have to work another ordinary job in their life. This book shows you how to do so without taking silly risks, swallowing a financial dictionary or staring at a screen all day.
In The Naked Trader, Robbie Burns
How stock market trading actually works
Where to find quality companies (and what makes them decent)
What a winning trade plan looks like
The best times to buy and sell shares
Proven methods for controlling risk (including the subtle art of stop-losses)
The mindset you need for long-term success
Surprising ways to make money in market meltdowns.
How to trade shares in companies across the pond.
Just what he gets up to during his Spanish trading retreats!
And many other real-life trading techniques from more than 25 years of success.
You will also find out what his and others’ biggest mistakes have been, so that you can avoid them.
This is the ultimate guide to making money in the stock market without getting bored or poor. Join Robbie and start trading the naked way!
PLEASE When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.
Are you looking for a book on Stock Market? Robbie Burns’ The Naked Trader is a refreshing and accessible guide for anyone curious about venturing into the world of stock market trading. The book is filled with light humour and is approachable regardless of one's financial background or prior experience.
The 6th edition of the Naked Trader is an engaging read. It sheds light on the trading process without complicating it with jargons or overwhelming the reader. Burns shares his 25 years of trading experience, offers practical insights and real life examples and advice to help readers succeed.
Burns provides readers with a comprehensive guide, covering essential topics like:
* How the stock market works * Identifying quality companies for investment * Developing a solid trading plan * Timing buy and sell decisions effectively * Risk management, including the use of stop-losses * The mindset required for long-term success * Strategies for weathering market downturns * Trading in international markets
The author also shares common mistakes traders make, drawing on both personal experiences and those of others, helping readers avoid potential pitfalls. This is not a financial advice but may be a start to understand the process.