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Survival Guide for Traders: How to Set Up and Organize Your Trading Business by Bennett A. McDowell

Survival Guide for Traders: How to Set Up and Organize Your Trading Business

by Bennett A. McDowell
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Book cover type: Hardcover
  • ISBN13: 9780470436424
  • Binding: Hardcover
  • Subject: N/A
  • Publisher: Wiley
  • Publisher Imprint: Wiley
  • Publication Date:
  • Pages: 324
  • Original Price: USD 49.95
  • Language: English
  • Edition: N/A
  • Item Weight: 558 grams
  • BISAC Subject(s): Investments & Securities / General

From the Inside Flap

The financial markets are insanely complicated, constantly changing, and completely conquerable. That's rightas intimidating as the prospect of entering the trading world might seem, with the right knowledge and a proper understanding of how the markets work, the rewards can be yours for the taking.

Survival Guide for Traders is the essential handbook for individuals looking to start their own trading business from the comforts of home. Becoming-and succeeding as-a trader is hard enough, and can be even more difficult for those who choose the stay-at-home route, but it certainly doesn-t have to be. The biggest stumbling block for people looking to launch their own trading business is their failure to understand the complexities of the "back office" operations that are essential for success. There is far more to being a trader than meets the eye, but once you come to understand how trading works for the biggest firms, you'll be ready to build a business that will last.

Survival Guide for Traders is here to teach you the essentials you need to get started on the path to lasting success as a home trader. Packed with strategies for building a profitable home trading business and the answers to questions most up-and-coming traders would never think to ask-including topics like how to create a trading business plan, set up an office, implement a trading system, use margin, deal with legal and financial issues, and keep appropriate records-this book has it all.

BENNETT A. MCDOWELL, founder of TradersCoach.com(R), began his financial career on Wall Street in 1984 with J.J. Kenny, and later became a Registered Securities Broker and Financial Advisor for Prudential Securities and Morgan Stanley. He developed his own proprietary trading system, later known as the Applied Reality Trading(R) (ART(R)) system, which was released to the public in 2003 and today is used by traders in over fifty countries around the world. Considered an expert in technical analysis and complex trading platforms, McDowell lectures nationally and writes for many leading trading publications, including Technical Analysis of Stocks & Commodities magazine. He has also written two other bestselling books published by Wiley, The ART(R) of Trading and A Trader's Money Management System, both released in 2008. Internationally recognized as a leader in trading education, Bennett teaches trading to students around the world through his company TradersCoach.com(R).

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