Book description
Contracts for difference or 'CFDs' have taken Australian traders by
storm. Catherine Davey's first book on the subject,
Contracts for Difference: Master the Trading Revolution
, was a great success; in this follow-up, she shares her real-life CFD
trading experiences over a three-month period in 2005. During this time,
she manages to turn 000 into 000, but her path to success is anything
but straight and simple.
Making Money from CFD Trading describes not only the reasoning
behind and execution of her trading strategies, but also presents an
honest, inspiring and often humorous discussion of her emotional
journey as a trader. Catherine gives a fascinating insight into the
trading experience: struggling to maintain the right psychology,
avoiding irrational 'ego trades' and finding emotional balance between
depressing losses and big wins. She presents a range of opinions from
industry experts and commentators, discussing day-to-day trading
issues and sharing controversial market views. This book will give you
an understanding of:
- simple charting techniques that make money
- the unique aspects of trading CFDs
- how to exploit the advantages CFD trading has over traditional
share trading
- strategies for establishing and maintaining a winning mental approach.
This entertaining and hugely informative book is a must-read for
anyone who wants to know more about CFDs and for traders of any
financial instrument who want to take their performance to the next
level.
Catherine Davey is a consultant to the CFD
industry and one of the most popular technical analysts in Australia,
well known for her articles in the trading press and as a speaker on
the seminar circuit. She holds a Master of Business (Applied Finance).