4 of 4 people found the following review helpful
An Excellent Introduction,
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This review is from: The Naked Trader: How Anyone Can Make Money Trading Shares (Paperback)
I'm a layman and I was looking for an entry level book that would walk me through the London Stock Exchange and how one goes about trading online. What kind of pitfalls I should look out for and what strategies I should adopt when looking to buy.
This book provided all that with a nice easy style of writing. Burns outlines a good research strategy and a good few broad strategies for buying and selling.
I enjoyed the read and felt well informed. I had e-mailed the writer before the book came in telling him I planned to day trade. I was immediately advised that 90% of day traders fail. So I read the book and now I see where he is coming from this is a book for the beginner, wishing to get his hands dirty in the markets and it equips you with the basic tools to do that.
A touch of cynicism, an informed opinion and a clear head are all essential. Thats what I know, and a lot more, and it only took me only a few hours to buzz through it.
Now onto some harder reads...