By David Land
David Land’s book CFDs for Dummies, Australian Edition is easy to understand, and designed to give new traders the chance to learn about the benefits and risks associated with the popular world of CFD trading – and what the major strategies and tools are for achieving success in a sometimes uncertain and complex field.
Those who are looking to dip their toe into the water of the online trading world will find David Land’s book essential for learning about what exactly CFDs are – and how they can provide the opportunity for higher profits. This book is aimed at those who are completely new to trading and also at those who are experienced in non-CFD forms of trading and are looking to diversify.
The book explains clearly what key CFD concepts such as leverage are, and it also looks at some of the major tools that a CFD trader will come into contact with, such as order execution tools. It also covers the practical aspects of CFD trading, and has sections on everything from coping with time differences across markets to what strategies can be used.
Land is known for being a clear and concise author, which is a boon for those new or moderately experienced CFD traders who are still getting to grips with the world of derivatives. However, it’s worth noting that this book is aimed at those who don’t have advanced knowledge, so very experienced traders who are looking for complex, highly technical CFD trading advice may well be better off searching elsewhere.
With a focus on clear knowledge sharing, Land’s book is perfect for those who want to learn how to launch or enhance their CFD trading career.
Length: 320 pages
Publisher: Wiley Australia
Publication Date: June 16, 2010