Contracts for difference or ‘CFDs’ have taken Australian traders by
storm. Catherine Davey’s first book on the subject, Contracts
for Difference: Master the Trading Revolution, was a great
success; in this follow-up, she shares her real-life CFD trading
experiences over a three-month period in 2005. During this time,
she manages to turn $13000 into $30000, but her path to success is
anything but straight and simple.
Making Money from CFD Trading describes not only the
rea...
Contracts for difference or ‘CFDs’ have taken Australian traders by
storm. Catherine Davey’s first book on the subject, Contracts
for Difference: Master the Trading Revolution, was a great
success; in this follow-up, she shares her real-life CFD trading
experiences over a three-month period in 2005. During this time,
she manages to turn $13000 into $30000, but her path to success is
anything but straight and simple.
Making Money from CFD Trading describes not only the
reasoning behind and execution of her trading strategies, but also
presents an honest, inspiring and often humorous discussion of her
emotional journey as a trader. Catherine gives a fascinating
insight into the trading experience: struggling to maintain the
right psychology, avoiding irrational ‘ego trades’ and finding
emotional balance between depressing losses and big wins. She
presents a range of opinions from industry experts and
commentators, discussing day-to-day trading issues and sharing
controversial market views. This book will give you an
understanding of:
* simple charting techniques that make money
* the unique aspects of trading CFDs
* how to exploit the advantages CFD trading has over traditional
share trading
* strategies for establishing and maintaining a winning mental
approach.
This entertaining and hugely informative book is a must-read for
anyone who wants to know more about CFDs and for traders of any
financial instrument who want to take their performance to the next
level.