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S**Y
Really worth the read
I really didn’t understand much about trading before reading this book. Whilst I wanted to understand the fundamentals and concepts, it has always been portrayed as a pretty exclusive club that I didn’t belong to.Having now read Richard’s book, I can honestly say that I know so much more about how it works, what to do, and am 100% better prepared than just taking blind punts that I would otherwise have done. For anyone who wants to enter into this world I cannot recommend the book highly enough; there are so many nuggets of information and knowledge, written in a way that is easy to understand, and personally, I now feel SO much better prepared and equipped to begin trading.I’ve also reached out to the author with further questions, and had a helpful response straight away (on a Saturday too, even more impressive!) so I’m wholeheartedly vouching for this guy.If you have a desire to trade, and don’t have much clue about how/what to do, I don’t think you can find a better source of information that explains things as clearly and concisely as the Trading Code.
P**R
An excellent, plain-English guide to getting started with Stock Market day trading.
This is an excellent resource, explaining everything you need to know about starting out day-trading in CFDs. Its been an eye opener and has given me the confidence and the tools to go about doing this, without just 'speculating' randomly, potentially with no strategy. Strategy and mindset are central to this book, once you understand the basics, as a lack of these are your greatest enemy.Its been a steep learning curve, but very enjoyable and Richard does 'sell' very well the idea of doing this seriously as a significant (or sole?) means of generating revenue.I've already set up a demo account with a broker and begun tracking certain indexes on MetaTrader 5 (the recommended trading platform) and have only in a couple of days become confident setting up real-time purchase and sell orders, setting stop losses and take profit levels using the advised settings. I've also set up pending long and short orders when seeing sideways movement in the market, having a position on an upward or downward trend once that breaks out in either direction. Using the strategies provided I'm already in 'profit' and the average of my wins in significantly larger than the average of my losses.One more thing, Richard openly offers that people contact him with an email address he publishes. I took him up on this offer showing him an example of a rapid up/down price movement that happened within the space of a few seconds, and he responded (twice!) the same day giving some very helpful advice. That's what I call service!Richard's Trading Psychology book is next.
H**H
Before Investing, INVESTIGATE This Book You Will Not Be Disappointed
THIS IS THE RATIONALE FOR BUYING THE BOOKI have been the victim of crypto fraud. This made me very cautious. After much honest reflection I came to realise that I was partly to blame.I was too trusting and fundamentally lacked the knowledge to be able to navigate the investment fieldInstead of giving up I decided to arm myself with knowledge— accurate information. There’s an old saying: “ Knowledge is King”.My objective was to find a good mentor/book to help me navigate the minefield of cryptocurrencies and stocks and shares etc.I feel that I have found both!I’m not the first, nor will I be the the last to fall victim to scammers. But I’m determined not to be fooled again! — as the band The Who sang. Only those of a certain generation will know this band 😂I wanted to know all there is to know. You can see that I’m not talking about a few weeks of reading and application. No I’m in it for the long haul.I was bowled over by the book’s simplicity. I remember when at Uni one lecturer mentioned KISS when trying to explain things.KEEP IT SIMPLE AND SHORTRichard manages to do this. Although he’s broken things down he doesn’t treat you like an imbecile. If you want to expand your knowledge about any topic in the chapter you will be pointed to references and videos to enhance your understanding.And what’s commendable is that he’s at the end of an email. So you’re really getting two for the price of one—em for the price of an ebook 😂There may be better books, and dedicated mentors out there but for me this book serves its purpose. Richard even advises the best time in your education to start investing and he cautions about being cautious with your enthusiasm too—especially when things are going well. Hey Richard you’re preaching to the converted 😂I am confident that by the end of the book I will understand the best platforms to use, what margins, leverages are best etc.The best way to get back at the scammers is to prove that no matter where you go in life human nature doesn’t change. Every country has its fair share of defrauders. But it also has humans who are caring and compassionate.I’m determined to apply the Japanese proverb: “Fall down seven, stand up eight”.Go on as the Dragons say: “ Take a punt” and buy the book. It’s a good investment!Lastly Richard thank you for your interest in an old codger of 70. Believe me you’re never too old to learn and watch this space for my progress 😊😂
I**R
Very informative
I found this book good for any beginner trader and the author has additional info and videos on his website and you can also email him. I'm not a complete beginner and found some very good advice and strategies. It's well written and the author is well qualified.
C**T
Excellent beginners guide and support
Fantastic book to learn beginners strategies for trading. I'm still learning, but the author tries to simplify successful strategies as much as possible and gives really useful examples and tips for how to slowly gain confidence and minimise risks. The accompanying website is also very useful and he even answers any questions you may have via email and is very helpful. I've made a few trades so far, and hoping to continue to make some profits.
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