Handbook On CFDs Trading: How to Make Money When the Market Is Up or Down
By Nicholas Tan
Synopsis:
The outcome of a CFD trading strategy often boils down to market performance. Nicholas Tan’s book provides advice to both new and semi-experienced traders on how they can trade CFDs well no matter which way the market goes, and how they can maximize their chances of success even in unsettling and uncertain market conditions.
Review:
This book is aimed at regular traders who are looking to diversify their portfolios away from traditional tradeable instruments and move towards contracts for difference, or CFDs.
The book focuses on ways that traders can use CFDs to their advantage across a range of market conditions. It looks at how CFDs suit bullish markets (where prices are on the rise) as well as bearish markets (where prices are falling), so it can help traders to cover all bases.
It also looks at an important aspect of CFD trading: leverage. By exploring the ways that this both provides benefits and poses risk, traders who are either new to the CFD world or who want to expand their skills to all sorts of markets can gain the knowledge they need.
At 70 pages, this isn’t the longest or most detailed book on the market, but it is concise and simple, which means that people of all different expertise levels can get stuck in.
For a well-written summary of the CFD trading world and how it can be marshaled to a trader’s advantage no matter what the market conditions are, this handbook is a smart investment and an essential addition to any trader’s shelf.
Details:
Format: Kindle Edition
Length: 70 pages, 3208 KB file size
Publisher: Rank Books
Publication date: August 14, 2013
Language: English
