The Naked Trader : How Anyone Can Make Money Trading Shares

In this revealing new book, top trader Robbie Burns cuts through the jargon to give you the lowdown on the strategies you need to make money from share dealing.Robbie, aka the Naked Trader, is an expert and highly entertaining guide to the sometimes 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 and escape the rat race.The book kicks off with the basics such as: the best websites, magazines and newspapers to look at; the kit you need to get cracking; and some key tips for choosing a broker. Robbie then gives you the essential techniques for picking the good shares and, just as importantly, avoiding the bad ones, and finishes up with some more advanced topics like how to make money even when shares fall. Along the way you also get the chance to spend a day with the Naked Trader with an exclusive extract from his private (and revealing) diary.Throughout, everything is explained in plain (sometimes too plain! - Ed) English and with a sense of humour, honesty and enthusiasm rarely found in books about money.Not afraid to bare his soul (among other things) the Naked Trader even reveals some of the painful mistakes that he has made in the markets to help make sure that you do not fall into the same traps. There may not be any guaranteed short cuts to trading success (as an important Naked Trader rule states - 'If it sounds too good to be true it probably is'), but this book gives you everything that you need to learn to trade successfully, and perhaps even escape the 9 to 5 slog like the Naked Trader has.Packed withpractical advice and delivered in a down-to-earth style, this book is all you need to get started. S Contents......Page 4 About the author......Page 6 Acknowledgements......Page 7 Introduction......Page 8 1. Escaping The Rat Race......Page 10 My story......Page 12 How I started trading......Page 14 About my trading......Page 15 2. A Day In The Life Of A Naked Trader......Page 18 Dear diary.........Page 20 3. Is Trading Right For You?......Page 32 Let's talk about you......Page 34 4. Getting started - The Trader's Toolkit......Page 38 The toolkit......Page 40 Your trading environment......Page 48 Final warning......Page 49 5. What You Need To Know To Start Trading......Page 50 Spreads......Page 52 Trading costs......Page 55 Normal market size......Page 56 Trading hours......Page 58 Why shares move up or down!......Page 59 The trouble with market makers......Page 61 Volumes......Page 64 6. Things To Think About Before Buying......Page 66 Develop a money strategy......Page 68 Market psychology - cutting losers, running winners......Page 70 Setting targets and stop losses......Page 73 Capital gains tax......Page 76 7. Let's get trading......Page 78 First things first......Page 80 How do I find shares worth looking at?......Page 81 Trade with the trends......Page 87 Share charts and how to use them......Page 88 Get to know your area of expertise......Page 96 8. Trading Secrets Revealed......Page 98 How to research a share......Page 100 Ooh excitement - PE ratios, market caps, yippee!......Page 113 Dividends......Page 117 Timing......Page 121 Research......Page 123 New issues......Page 127 The joy of bids......Page 134 Directors' dealings......Page 136 Insider trading and how you can take advantage of it......Page 139 Building a portfolio......Page 141 Strategies......Page 143 Picking undervalued shares - my secret!......Page 149 Look at the big picture......Page 151 9. My Real Trades And Strategies......Page 154 My trades and how I picked them......Page 156 10. Learning From Mistakes......Page 172 My biggest disaster of all time......Page 174 Another of my mistakes......Page 176 Real traders reveal disaster stories......Page 177 11. What NOT To Buy......Page 192 12. The Seven Deadly Sins of Share Trading......Page 204 13. Buyer Beware!......Page 210 14. Spread Betting......Page 224 15. Advanced Topics......Page 238 Shorting - making money when shares fall......Page 240 Covered warrants......Page 242 SIPPs......Page 243 16. Market Miscellany......Page 246 Investment trusts......Page 248 Share buybacks......Page 250 Shareholders' meetings......Page 251 Share perks......Page 252 Websites worth a look!......Page 253 Books......Page 255 17. And Finally.........Page 258 The Naked Trader Rules......Page 260 Some Final Naked Thoughts......Page 262 Appendix......Page 264 On another level - Level 2......Page 266 Quiz - What sort of investor are you?......Page 273 Index......Page 278 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! In This Revealing New Book, Top Trader Robbie Burns Cuts Through The Jargon To Give You The Low-down On The Strategies You Need To Make Money From Share Dealing. Robbie, Aka The Naked Trader, Is An Expert And Highly Entertaining Guide To The Sometimes Baffling World Of The Stock Market.. The Book Kicks Off With The Basics Such As: The Best Websites, Magazines And Newspapers To Look At; The Kit You Need To Get Cracking; And Some Key Tips For Choosing A Broker. Robbie, Then, Gives You The Essential Techniques For Picking The Good Shares And, Just As Importantly, Avoiding The Bad Ones, And Finishes Up With Some More Advanced Topics Like How To Make Money Even When Shares Fall. Packed With Practical Advice And Delivered In A Down-to-earth Style, This Book Is All You Need To Get Started. So, Grab Your Laptop And Get Trading - Your Naked Future Awaits! Gives you the low-down on the strategies you need to make money from share dealing. This work includes the techniques that have enable user to succeed in the markets and escape the rat race. It gives you the techniques for picking the good shares and avoiding the bad ones, and explains how to make money even when shares fall.