Have you dabbled in shares or the stock market? And wondered what spread betting was all about and whether you should be doing it? Perhaps you thought it all looked a bit complex or was just for City boys? Now here is a new beginner's guide that explains - in plain English - how to do it, and how to make money from it! Spread betting shares can be dangerous: most people lose - some even lose their shirts. But it's not a world populated by pinstriped men waiting to rob you, steal your savings and do nasty things to small kittens. You can win. (And you never have to pay a penny in tax!) This book shows you how. Robbie Burns, bestselling author of The Naked Trader, has been spread betting for years. He explains why it's an indispensable tool to use alongside normal investing or trading. Especially as you can make money even if the market goes down. Robbie takes you through everything from how it works, to managing your risk, working out exposure, and how, often, doing nothing is the best move! He explains the ins and outs of successfully betting on shares in his trademark down-to-earth style, covering everything you need to know. From the simple stuff through to proven strategies, including those that can be used in different markets - it's all here. There are also behind-the-scenes visits to two top spread betting firms. But it's a big, bad old world out there, and there are a whole heap of mistakes you can make, an awful lot of money you can lose. Rounding up spine-chilling traders' tales of spread bets gone wrong, and using all he has learnt from making silly mistakes himself, Robbie also helps you learn what not to do. This is the ultimate guide to spread betting - how to do it, have fun and hopefully make a few quid.
The Naked Trader's Guide to Spread Betting
and over 1.5 million other books are available for Amazon Kindle . Learn more
| |||||||||||||||
 Trade In this Item for up to £3.50
Trade in The Naked Trader's Guide to Spread Betting: A guide to making money from shares in up or down markets for an Amazon.co.uk gift card of up to £3.50, which you can then spend on millions of items across the site. Trade-in values may vary (terms apply). Special Offer until June 30, 2013: Receive an additional £5 promotional Gift Card, when you trade-in at least £10 worth of books. Learn more
|
Book Description
Frequently Bought Together
Product details
Would you like to update product info or give feedback on images?
|
More About the Author
Discover books, learn about writers, and more.
Product Description
About the Author
Robbie Burns has been a journalist and writer since he graduated in Journalism from Harlow College in 1981. After starting life as a reporter and editor for various local newspapers, from 1988-1992 he was editor of ITV and Channel 4's teletext services. He also wrote ITV's daily teletext soap opera 'Park Avenue' for 5 years. He then went on to freelance for various newspapers, including The Independent and The Sun, and also helped set up a financial news service for CNN. In 1997 he became editor of BSkyB's teletext services and set up their shares and finance service. While there he also set up various entertainment phone lines in conjunction with BSkyB, including a Buffy the Vampire Slayer phone line which made him nearly £250,000. He left full-time work in 2001 to trade and run his own businesses, which included a cafe in London that he later sold, doubling his money on the initial purchase. While at BSkyB, Robbie broadcast a diary of his share trades, which became hugely popular. He transferred the diary to his website, www.nakedtrader.co.uk, which became one of the most-read financial websites in the UK. Between 2002 and 2005 he wrote a column for The Sunday Times, 'My DIY Pension', featuring share buys and sells made for his pension fund, which he runs himself in a SIPP (self-invested personal pension). As chronicled in these articles, he managed to double the money in his pension fund from £40,000 to £80,000 in under three years. By 2009 he had doubled it again, reaching £165,000. Robbie now writes a weekly column for the leading financial website, ADVFN.com. Robbie has made a tax-free profit of over £900,000 since 1999, and has made a profit every year, even during the market downturns of 2000-2002 and 2008-2009. Public trades made for his website have made nearly £800,000. He lives in a riverside apartment on the Thames in London with his wife, Elizabeth, plus son Christopher and cat Domino. His hobbies include chess, running, swimming, horse racing, and trading shares from his bedroom, erm...naked. After all, he wouldn't be seen dead in a thong!
Inside This Book
(Learn More)
What Other Items Do Customers Buy After Viewing This Item?
Customer Reviews
Most Helpful Customer Reviews
6 of 6 people found the following review helpful
By Andrew
Format:Kindle Edition|Amazon Verified Purchase
OK, I mostly put the title in because of the Darth Trader reference in the book, but having read Robbie's previous book on share trading, I would say that where he excels is as a teacher. He takes all his years of experience, successes, mistakes and innate skill, and bundles it all up in a quirky, easy-to-read and ultimately amazingly useful guide to the world of spread betting. By covering every angle from stops, research, psychology, charting and profit taking, he gives a somewhat personal insight into his own methods of making money. But... Robbie is a seriously successful trader, not just a `guru'. So if he says, "I don't really touch commodities", it's not a bad thing for this book, just a little autobiographical bit of information.
The style of the book is fabulous, well laid out, and funny and light enough for even bedtime reading (ignoring the author's advice!), and the danger points are well highlighted, so even a novice at spread betting should be safe from losing their shirt collection. I would definitely recommend reading Robbie's guide to share trading first, perhaps mostly because learning how to spread bet without knowing how the markets work could be disastrous, plus the earlier book is just superb too. This isn't necessarily a "how to" book as such, but a book to learn from.
Maybe he really is Yoda?
The style of the book is fabulous, well laid out, and funny and light enough for even bedtime reading (ignoring the author's advice!), and the danger points are well highlighted, so even a novice at spread betting should be safe from losing their shirt collection. I would definitely recommend reading Robbie's guide to share trading first, perhaps mostly because learning how to spread bet without knowing how the markets work could be disastrous, plus the earlier book is just superb too. This isn't necessarily a "how to" book as such, but a book to learn from.
Maybe he really is Yoda?
12 of 13 people found the following review helpful
By k mirshahi
Format:Paperback
This is a must read for anyone wanting to start spread betting. It is even useful and interesting for more experienced traders.
I would recommend reading his other book first though.
All the information you need to successfully spread bet is contained in this easy to read and understand book. The trick is applying the advice with discipline.
Well worth a read (or 2 for beginners) and worth every penny.
I would recommend reading his other book first though.
All the information you need to successfully spread bet is contained in this easy to read and understand book. The trick is applying the advice with discipline.
Well worth a read (or 2 for beginners) and worth every penny.
4 of 4 people found the following review helpful
By cyman
Format:Paperback|Amazon Verified Purchase
if you want to know what spread betting is - buy the book
if you think that spread betting alone is your route to riches, you are fooling yourself - spread betting is a sophisticated tool used by MM's and fund managers to manage risk. It is also used by some people very effectively to make immense sums of money but lets not forget that they are in a position where they tend to have immense sums of money to start with an it is usually someone else's money too. I would say spread betting for the novice is about as accurate as a tip at Aintree. You can easily get it right and increase confidence which should be sufficient to wipe you out.
Unfortunately the author tells you nothing about the triggers for entering a trade. He merely regurgitates his own success stories and as per usual talks himself up. There is no strategy or effective money management tips or suggestions. However he does tell you how to online spread bet and all about the basics like setting limit orders etc.
if you think that spread betting alone is your route to riches, you are fooling yourself - spread betting is a sophisticated tool used by MM's and fund managers to manage risk. It is also used by some people very effectively to make immense sums of money but lets not forget that they are in a position where they tend to have immense sums of money to start with an it is usually someone else's money too. I would say spread betting for the novice is about as accurate as a tip at Aintree. You can easily get it right and increase confidence which should be sufficient to wipe you out.
Unfortunately the author tells you nothing about the triggers for entering a trade. He merely regurgitates his own success stories and as per usual talks himself up. There is no strategy or effective money management tips or suggestions. However he does tell you how to online spread bet and all about the basics like setting limit orders etc.
3 of 3 people found the following review helpful
By Robin
Format:Paperback
Buy this book with confidence. It contains the basics from someone who's been there, and done that. Don't trade till you have this kind of advice "internalised", then go and read Naked Trader 2, the new edition of the earlier book of the same name which is excellent, and is a good companion to this Guide. You can't do too much reading on this subject. If you don't do it now, then you'll have to do it later. The Spread Betting book higlights the top 11 mistakes spread bettors make, and gives the rules for limiting losses, and increasing profits. (But do remember Naked Trader 2.)
9 of 10 people found the following review helpful
Format:Paperback
This book is sensible. It does not make any wild promises about making you millions and a life in the sun. Surprisingly, what it does do, CONSTANTLY throughout, is warn you of how doing things incorrectly can lose you a lot of money. That is why I recommend this book. If you don't stick RELIGIOUSLY to all the things it suggests, spread betting can land you in a whole lot of boiling hot water - and VERY QUICKLY. My advice is, read it, digest it, listen to all the mistakes people have made and take note of how quickly they lost absolute fortunes and how stupidly easy it is to do this. Then, give it a go with a small amount of money you are WILLING TO LOSE. Then you will not land yourself in trouble and you will thank this guy from the bottom of your heart. You may not take it too seriously to start with, but the book is an absolute gem - full of great techniques, hints and tips on how to place spread bets and how to stop you losing too much. His book WILL NOT tell you which shares to bet on and will only briefly give you an idea on how to start making such decisions. It assumes you already know a bit of this - i.e how to look at accounts, take in news articles and how to react. It has a great section on the psychology of it all, which, on it's own, makes this a great read and worth every penny.
17 of 20 people found the following review helpful
By Electrolux
Format:Paperback
I have read both of The Naked Traders books and they are very enjoyable, humorous and hammer home how to stay alive in the stock market but as stated by a previous reviewer his near complete dismissal of technical analysis makes the book inappropriate for spreadbetting, even if a company's fundamentals are telling you to buy or sell it could take weeks, months or years for the market to actually react to that news, spreadbetting isn't really about sitting looking at a non moving bet for years on end, I believe that technical analysis is more important to spread betting and fundamental analysis is more important to value investing, therefore this book is missing the point.. its a good read but Spreadbetting the Forex Markets by David Jones is a better introduction to actual proper spreadbetting.
Would you like to see more reviews about this item?
›
Go to Amazon.com to see the review
4.0 out of 5 stars
Was this review helpful?
Let us know
Most Recent Customer Reviews
5.0 out of 5 stars
Spreadbetting winner
Smashing book. Now to read some more and open a practice account then I might have the balls to make a few spreads. Cut your losses and let your winners run!
Published 21 days ago by KATIE STEVENSON
5.0 out of 5 stars
Demystifies Spread Betting
This is an excellent first book for learning about and carrying out spread bets on EQUITIES. The language is very down to earth and the author keeps things light hearted. Read more
Published 2 months ago by Fazel Ali
5.0 out of 5 stars
Recommended
Good & easy read. Spells the technique. Warns the readers about the pitfalls. Commendable style of write for beginners. Value for money.
Published 2 months ago by sanvel
5.0 out of 5 stars
Another Burns Bible......
How to spread bet written exactly like Naked Trader; funny, clear and concise. For £5 on Kindle, you can't go wrong. Read more
Published 2 months ago by Mr. G D Balfour
5.0 out of 5 stars
Good book good advice
This book is really good with a no bs approach to the realities of spread betting. That is all. :)
Published 3 months ago by a1exhughe5
5.0 out of 5 stars
You shouldn't start spread betting without this
I have read the Naked Trader and bought all three editions of it and I would recommend it to anyone who is thinking of trading stocks. I use it as a constant reference. Read more
Published 5 months ago by G. Smith
5.0 out of 5 stars
The Naked Trader
Truly remarkable, inspiring, understandable and achievable. I can't wait to get started and begin making some money in the world of trading.
Published 11 months ago by D K Reid
5.0 out of 5 stars
Naked Traders guide to spread betting
This is an excellent book, written by Robbie Burns. The naked trader is equally as good for anyone wanting to learn how to trade stocks and shares. Read more
Published 11 months ago by Red 52
5.0 out of 5 stars
Don't tell your wife how much you lost by spread betting!
When invited to give one piece of advice to new spread bettors in another book (the Better Spread Betting book), the Naked Trader's helpful contribution was "Don't tell your wife... Read more
Published 12 months ago by LOTONtech
5.0 out of 5 stars
Perfect Introduction to Investing
After getting frustrated with under performing funds I've decided to take things into my own hands, I'm so glad I read this book before making the leap into investing as it spells... Read more
Published 12 months ago by jonny11
Customer Discussions
|
This product's forum
Search Customer Discussions
|
Related forums
|
Listmania!
Look for similar items by category
Feedback
- Would you like to update product info or give feedback on images?
- I am the Author, and I want to comment on my book.
- I am the Publisher, and I want to comment on this book.
|
