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The Naked Trader: How anyone can make money trading shares Paperback – October 30, 2011
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About the Author
Robbie Burns has been a journalist and writer since he graduated in journalism from Harlow College in 1981. After starting life as a reporter and editor for various local newspapers, from 1988-1992 he was editor of ITV and Channel 4's teletext services. He also wrote ITV's daily teletext soap opera, 'Park Avenue', for five years. He then went on to freelance for various newspapers, including the Independent and the Sun, and also helped set up a financial news service for CNN. In 1997, he became editor for BSkyB's teletext services and set up their shares and finance service. While there he also set up various entertainment phone lines in conjunction with BSkyB, including a Buffy the Vampire Slayer phone line that made him nearly £250,000. He left full-time work in 2001 to trade and run his own businesses, which included a cafe in London that he later sold, doubling his money on the initial purchase. While at BSkyB, Robbie broadcast a diary of his share trades, which became hugely popular. He transferred the diary to his website, www.nakedtrader.co.uk, which became one of the most-read financial websites in the UK. Between 2002 and 2005 he wrote a column for the Sunday Times, 'My DIY Pension', featuring share buys and sells made for his pension fund which he runs himself in a SIPP. He managed to double the money in his pension fund from £40,000 to £80,000 in under three years, as chronicled in these articles. By mid-2011 he had turned it into £250,000. Robbie now writes a weekly column for ADVFN.com. Robbie has made a tax-free gain of well over £1,000,000 from trading shares since 1999, making a profit every year, even during market downturns. His public trades alone - detailed on his website - have made more than £900,000. He is also the author of The Naked Trader's Guide to Spread Betting. He lives in a riverside apartment on the Thames with his wife, Elizabeth, and young son Christopher. His hobbies include chess, running, swimming, horse racing, and trading shares from his bedroom, erm ... naked. After all, he wouldn't be seen dead in a thong ... (you might catch him in Speedos).
Top customer reviews
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Although the principles are applicable to any market worldwide, the detailed logistics of the actual trading processes are specifically for the British market.
Well worth the money and time.
I certainly couldn't have done it without taking in the valuable information on every page of this book. The trading strategies are easy to understand, and Robbie's style makes the book a fascinating read. Included is a chapter on investing 'horror stories', submitted by real traders whose mistakes provide an additional education, and confirmation, of the all too real pitfalls that Robbie warns us of whenever we consider buying (or selling) shares. What more can one say? A must-have for anyone serious about trading.
Written in a humourous & down to earth style, free from the usual financial mumbo-jumbo jargon found in most stuffy financial books,this book actually makes you understand, how you can really make money from shares & avoid the pitfalls that almost all new investors make.
In a detailed step by step approach, you learn how to pick a share ( from the hundreds available), research it, follow the chart & find a point on where to buy & sell it at a profit(hopefully).
I only wish that this book was available a few years ago, so that i could have avoided some expensive mistakes!
Whilst a lot of finance books are written by gurus & non trading mentors, this author actually trades for a living.
The book also mentions his website where his current trading exploits are listed.
A most enjoyable & informative read! Money well spent!