
New Trader Rich Trader
2nd Edition: Revised and Updated
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Narrated by:
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K. Foster
About this listen
New traders are greedy and have unrealistic expectations; Rich traders are realistic about their returns.
When New Trader awoke bright and early, he could feel his excitement building with every second.
Turning on his computer, he thought about all the hard work that went into building his account; all the hours of overtime at his first job, and delivering pizzas on weekends.
That part of his life was now over. His heartbeat quickened as he typed in his username and password. And there it was, his $10,000 trading account.
He was ready.
How could he not be? He had been trading through simulated accounts for over a year, watched financial news, and followed trading gurus online.
The way he saw it, it was easy....
Follow the journey of New Trader as he learns just how challenging trading can be! Explore psychology, risk management, and methodology in this revised and updated, best-selling classic!
Praise for the first edition of New Trader Rich Trader:
"I love the structure of this book: Steve Burns points out huge differences between winners and losers in every area of the market. Each chapter takes up a pair of opposites, such as 'New Traders try to prove they are right; Rich traders admit when they are wrong.' Dozens of such pairs offer a psychological mirror to serious readers." - Alexander Elder, www.elder.com
"Here is a work that puts the reader in the mind of a fledgling trader who makes all the mistakes then learns from them. Told in an instructive and entertaining narrative, the author takes the reader through the trading concepts with a clarity and ease of understanding. A must read for beginning and intermediate level traders." - Dr. Chris Kacher, co-founder of www.SelfishInvesting.com and co-author of How We Made 18,000% in the Stock Market
©2017 Stolly Media, LLC (P)2017 Steve Burns & Holly BurnsVery good book!
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Excellent for new traders
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I recommend this reading for anyone, like myself, that is serious about trading the stock market; and don’t believe in the hype that it is a Get rich quick method to attaining wealth — because it’s not.
I am grateful for the fact that this books teaches and explains, in great detail, the three most important aspects of trading; such as:
.Methodology — Your System
.Psychology — Human Emotions, being Objective rather than Subjective
.Money Management — Trading Capital, Risk vs Reward & Share size.
I could go on and on about its many perks.
My only Con is that while it’s very informative, I shyly hoped for it to be longer. But i guess that’s what the 2nd one is for. :)
This was WELL worth my money.
Nothing less than astounding
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trading system for new bee
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Good for starters
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Very good listen.
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