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How to Start a Trading Business with $500, by Heikin Ashi Trader
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How to start a Trading Business with $500
Many new traders have little capital available in the beginning, but this is not an obstacle to starting a trading career anyway.
However, this book is not about how to grow a $500 account into a $500,000 account. It is precisely these exaggerated return expectations that bring most beginners to failure.
Instead, the author shows, in a realistic way, how you can become a full-time trader in spite of limited start-up capital. This applies both for traders who want to remain private, as well as for those who want to eventually trade customer funds.
This book shows step by step how to do it. In addition, there is a concrete action plan for each step. Anyone can be a trader in principle, if he or she is willing to learn how this business works.
Contents
1. How to Become a Trader with only $500 at Your Stake?
2. How to Acquire Good Trading Habits?
3. How to Become a Disciplined Trader
4. The Fairy Tale of Compound Interest
5. How to Tade a $500 Account?
6. Social Trading
7. Talk to Your Broker
8. How to Become a Professional Trader?
9. Trading for a Hedge Fund
10. Lear to Network
11. Become a Professional Trader in Seven Steps.
12. $500 is a Lot of Money.
- Sales Rank: #48234 in eBooks
- Published on: 2015-09-19
- Released on: 2015-09-19
- Format: Kindle eBook
Most helpful customer reviews
4 of 4 people found the following review helpful.
it is better to start trading rather quickly with a small
By Eric
Peter Devaere is passionate about trading. And he likes to share his tips and tricks in different ways (ebooks, website, seminars, ...). Based on his personal experience and his teachings he knows that, for someone trying to find out his way in this business, it is better to start trading rather quickly with a small, real money account (instead of paper trading) trying out a lot of transactions. This way good trading habits and discipline can be focused upon. A special chapter is completely devoted to social trading : an opportunity to establish a track record and a real time test.
3 of 3 people found the following review helpful.
Very good read
By T Boyette
A lot of advice and tips reminding new and current traders that you must start from square one and learn/grow to a better professional trader. This is done by tracking your trading through journals in his books. I have read all of them....you should too.
2 of 2 people found the following review helpful.
A good place to start…..
By Emmah
I have recently read a lot of book on trading, specifically day trading. So I need one that gives me a breakdown with specific figures. So when I saw this I thought; why not. Let’s see what I can learn from the author. Wesley Smith focusses on starting small and being focused on learning to be a good trader rather than wanting to get rich quick as there is no such thing. Wanting to get rich with actually working is a myth that doesn’t exist in this world. Most successful people worked hard to be who they are today. Of you want to start day trading then I highly recommend this book. The author takes a different turn into teaching you step by step how you can actually become a good trader before throwing in large investments and ultimately losing all your money.
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