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Trading Strategies 101
- Discover the Psychology of a Successful Trader, How to Use Simple Trading and Tools to Thrive in Bull, Bear, and Sideways Markets
- Narrated by: Rush Stone
- Length: 4 hrs and 17 mins
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Summary
Trading Strategies 101
Learn the Psychology of a Trader, How to Use Techniques, Tools and How to Use Simple Trading for Bull, Bear and Sideways Markets
By West Beacon Education
How to make money in the stock market—even when everyone else is losing.
Are you looking for a simple way to bump up your income without getting another job?
Have you thought about putting money in stocks but are afraid of how “risky” everyone says they are?
Do you want the same strategies and techniques that famous investors like Warren Buffett and Ben Graham use to generate million-dollar returns?
If you’re interested in making money with stocks, you’re not alone.
A recent Gallup poll showed that nearly 6 in 10 American adults have money in the stock market.
But unless you’ve previously worked as an investment banker, you might have better odds of making money at the casino than with stocks.
In fact, researchers from the University of California found that 90 percent of retail investors and day traders lose money. Which is why most people think winning in the stock market is simply a game of chance.
The truth, however, is that the vast majority of first-time traders and investors aren’t given the knowledge and information they need to make winning trades.
Instead, “trading educators” and other so-called financial gurus spread bad advice that ultimately causes most trading accounts to fall to zero.
But that doesn’t have to be your story.
With the proven trading strategies and techniques in this book, you’ll know how to navigatethrough all the stock market hype and find hidden gems that are actually worth your money.
So you can move one step closer to claiming your financial independence.In this book, you’ll discover:
The difference between trading and investing in stocks, and why they’re bothessential for sustainable success in the market
The truth about how retail brokerages make money off everyday traders, and how thiscan affect your returns
Why risk is actually a good thing
What listeners say about Trading Strategies 101
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- Shane Evans
- 16-05-23
offers proven trading strategies
In this audiobook, you'll explore the crucial distinction between trading and investing in stocks, understanding why both approaches are essential for sustainable success. You'll also uncover the truth about how retail brokerages make money off everyday traders and how this can impact your returns. This resource will help equip yourself with the knowledge to navigate the stock market with confidence.
Grab this book and let the real experts guide you toward the path of stock market success!
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- Tutu
- 27-05-23
Extremely important
My decision to halt my involvement in stock trading and investing stemmed from the experience of being wiped out and allowing my emotions to take control. I soon realized that the psychological aspect of trading holds greater significance than technical skills alone. While anyone can acquire knowledge about technical indicators and their functioning, emotions and psychology, including our own, remain highly unpredictable factors.
In the book "Trading Strategies 101: Discover the Psychology of a Successful Trader, How to Use Simple Trading Tools to Thrive in Bull, Bear, and Sideways Markets," the author delves into the distinction between trading and investing in stocks, highlighting their essential roles in achieving sustainable success within the market. The book unveils the truth about how retail brokerages profit from everyday traders, shedding light on how this dynamic can impact one's returns. Furthermore, it addresses seven pervasive myths surrounding the stock market, which often lead to significant financial losses. The author also explores fourteen common reasons why beginner investors and traders tend to lose money in stocks, among other insightful topics.
Notably, the same author has also written a book on the fundamentals of investment. Both works hold equal importance, providing valuable insights that are indispensable for traders and investors alike. I highly recommend these books as essential resources, as they equip individuals with the knowledge necessary to navigate the complexities of the market successfully.
In summary, the psychological aspect of trading holds great significance, surpassing technical skills alone. "Trading Strategies 101" delves into this crucial element while uncovering the distinctions between trading and investing. The book's exploration of retail brokerages, debunking market myths, and highlighting common pitfalls serves as invaluable guidance. Moreover, the author's additional work on investment fundamentals further enhances their contributions to the field. These books are essential additions to the library of any trader or investor seeking to make informed decisions and achieve long-term success.
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- Trisha77
- 02-06-23
Good comprehensive information
I have traded on the stock market on and off for a number of years. I found this audio book to provide a wealth of information which has answered many lingering questions I had regarding technical analysis, risk management, indicators, and trading strategies. Stock market trading courses cost thousands of pounds, and that is why many people engage in the stock market with insufficient knowledge. As a result, they do not have a comprehensive trading strategy, take too many risks, and lose money. This audio book spells out, in easy-to-understand language, everything you need to know in a well-organised, step-by-step fashion. And at a fraction of the cost of a stock market trading course. This audio book is excellent value for money.
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- Meg Ireland
- 31-05-23
Truly a guidebook for new investors!
Trading Strategies 101 is a well laid out book on what, to many, is a complex topic. The author provides both basic and advanced discussion of the world of investing. He explains the difference between trading and investing and provides an explanation of capital markets with suggestions on trading strategies. The audiobook goes into details about technical analysis and fundamental analysis. The author is helpful in explaining risk management of a portfolio as well as the psychology of a successful trader. This material is a great place to start in your investing education. A must read for new investors!
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- Mark
- 09-06-23
Beat the stock market!
It isn't easy to make money from the financial markets as many have fallen victims to different scams. This book provides the truth and information about trading and how to become successful at it. The author also provides simple strategies that you can follow along with the right psychology in order to be a successful trader. If you're looking to be among the top 10% making money from trading, then definitely listen to this book. Great book!
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- Byrron
- 29-05-23
Very Informative and Educating
This book provides the reader with simple trading tools and strategies as well as providing different trading indicators, chart patterns, and technical analysis techniques that can be used to analyze market trends, identify entry and exit points, and manage risk.
The author emphasized the importance of maintaining discipline, following a trading plan, and avoiding impulsive or emotional trading decisions.
By learning about these tools and strategies, you can develop a systematic approach to trading and adopt effective risk management practices and maintaining discipline. You can mitigate potential risks and improve your overall trading performance and make more informed trading decisions.
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- Anonymous User
- 04-04-23
loved it
such a good listen, verry insightful and educational I will put these teachings to practice
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- Eunice G.
- 19-04-23
Helpful Guide! I highly recommend it!
I have always wanted to start investing, but it is a big challenge. I always needed to understand how everything works in this competitive world. I'm terrified to shrink and lose everything for misunderstanding things. But this audiobook provides traders with a comprehensive guide to improving trading strategies and achieving success in different market conditions. The author emphasizes the importance of understanding the psychology of successful traders and provides practical advice and techniques to apply to one's trading practices. It gave me the confidence that I was needing
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- Bobby Jane
- 26-06-23
Great resource!
This is an invaluable resource for novice traders. The book provides a clear understanding of the difference between trading and investing, along with practical strategies for long-term success in the market. Highly recommended for anyone looking to get started or seeking in-depth advice about trading.
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- Hope Hatton
- 16-04-23
Everything a Beginner needs to know!!
I know very little about stock trading, but after hearing this book, I think I could follow the steps and be at least decently successful at handling my own portfolio for positive growth! This book explains not only the simple terms and basics, but it really dives deep into tips and strategies to help you make money as a beginner and become a successful trader! The author explains myths/ misconceptions, brokers,the gambling approach, and a lot of things people may be doing wrong. He teaches you how to figure out your risk level, what type of investing is right for you, and then how to invest and stay within your comfort levels. You will learn how to read and understand candlestick patterns and stock positions. He walks you through the best tips and tricks to lower your risks and come out ahead--- no matter which way the market is leaning! Learn about day trading, long and short investing, position sizing, diversification, entry/exit points, and more. If you are interested in trying your hand at making money with stocks, listen to this book first and it will GREATLY increase your chances!
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