The Naked Trader

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The Naked Trader

How anyone can make money trading shares
By: Robbie Burns

Normal price: 12.99
Our price: 8.44 + postage
Bargain: save £4.55 !

Product code: 19682
ISBN: 1897597452
276 pages
Format: Pb
Published by: Harriman House, 2005
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The Naked Trader - front page cover image
 
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Description of The Naked Trader
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 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!

The Naked Trader - Chapter headings
1 - Escaping The Rat Race
My story
How I started trading
About my trading

2 - A Day In The Life Of A Naked Trader

3 - Is Trading Right For You?
Let's talk about you

4 - Getting Started - The Trader's Toolkit
Introduction
The toolkit
Your trading environment
Final warning

5 - What You Need To Know To Start Trading
Introduction
Spreads
Trading costs
Normal market size
Trading hours
Why shares move up or down!
The trouble with market makers
Volumes

6 - Things To Think About Before Buying
Develop a money strategy
Market psychology - cutting losers, running winners
Setting targets and stop losses
Capital gains tax

7 - Let's Get Trading
First things first
How do I find shares worth looking at?
Trade with the trends
Share charts and how to use them
Get to know your area of expertise

8 - Trading Secrets Revealed
How to research a share
Ooh excitement - PE ratios, market caps, yippee!
Dividends
Timing
Research
New issues
The joy of bids
Directors dealings
Insider trading and how you can take advantage of it
Building a portfolio
Strategies
Picking undervalued shares - my secret!
Look at the big picture

9 - My Real Trades and Strategies
My trades and how I picked them

10 - Learning From Mistakes
My biggest disaster of all time
Another of my mistakes
Real traders reveal disaster stories

11 - What NOT To Buy

12 - The Seven Deadly Sins Of Share Trading

13 - Market Miscellany
Rights issues/open offers
Investment trusts
Share buybacks
Shareholders meetings
Share perks
Websites worth a look!
Books

14 - Buyer Beware!

15 - Spread Betting

16 - Advanced Topics
Shorting - making money when shares fall
CFDs
Covered warrants
SIPPS

17 - And Finally...
The Naked Trader Rules
Some Final Naked Thoughts

Appendix
On another level - Level 2
Quiz - What sort of investor are you?

Index

Authobiography of Robbie Burns
Robbie Burns has been a journalist and writer since he graduated from Harlow Journalism 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 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 for BSkyB's teletext services and set up their shares and finance service.

He left full-time work in 2001 to trade and run his own businesses. 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 quickly became one of the most read financial website 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. He managed to double the money in his fund from £40,000 to £80,000 in under three years. He also writes a weekly column for the leading financial website, ADVFN.com.

Robbie has made a tax free profit of over £190,000 from trading shares since 1999, and has made a profit every year, even during the market downturn of 2000-2002.

He lives with his wife, Elizabeth, in Fulham, London, with son Christopher, and cat Domino. His hobbies include chess, running, swimming, horse racing, and trading shares from his bedroom, erm...naked.

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