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Description of The Diary of a CFD Trader

This diary charts the ups and downs of a CFD trader - taking you on a thrilling trading journey and showing how, with some hard work, you too can make serious money trading CFDs.

Along the way the book provides an excellent practical introduction for new CFD traders. It explains the mechanics of trading and the language and jargon surrounding CFDs. It also shows more experienced traders how to trade effectively enough to generate a healthy income.

At the heart of the book is the 4-month diary that the author kept while trading an initial $13,000 account. Over the first month the account plummeted to around $8000, but then skyrocketed to $28,000 and beyond. The psychology and decision-making that Davey goes through is fascinating, and the book tells of joys, occasional irrational actions, depressing losses and big wins.

This book is an essential read for anyone looking to trade CFDs and those looking for some real-life lessons from a successful part-time trader.

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Title Information

ISBN:

9781906659066

Pages:

239 pages

Format:

Paperback

Product Code:

289280

Publisher:

Harriman House

Published:

23/02/2009

Edition:

1st Edition

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About Catherine Davey

Catherine Davey is an active CFD trader and the business editor of The Week magazine in Australia. She is a member of the Australian Professional Technical Analysts Association and has written regularly on CFDs, technical analysis and other trading products for magazines and newspapers. She holds a Master of Business (Applied Finance).

Contents of The Diary of a CFD Trader

Preface to the 2009 edition
Preface to the 2006 edition
Introduction
Getting started

Week 1: The first cut
Week 2: Lunch is for wimps
Week 3: Into the abyss
Week 4: Wealth god smiles
Week 5: Avoiding Waterworld
Week 6: Addicted to trading
Week 7: My $10 000 week
Week 8: Subliminal messages
Week 9: Trading sucks sometimes
Week 10: Denial and regret
Week 11: Dogs with nine lives
Week 12: Golden sheaf
Week 13: Blonde psycho
Week 14: Out with a bang

Postscript
Hindsight: Can you make money trading CFDs?
Index