By Hendrik Theis
Synopsis:
A comprehensive book on CFD trading that notes the importance of learning from the mistakes of other traders, Insider’s Guide to CFD-Trading offers Hendrik Theis’ insights on the most important factors that traders should consider when trading CFDs. This 192-page book details basic terminologies, answers how-tos, and addresses risk management and strategies.
Review:
Written in German, Insider’s Guide to CFD-Trading addresses the advantages and disadvantages of CFDs as well as teaching traders how to identify special opportunities to gain profit, and gives them a candid insight about the risks involved in CFD trading. Being a board member and co-founder of the Hanseatic Brokerhouse, headquartered in Hamburg, Hendrik Theis has the necessary experience to teach new traders about the trade.
Despite his advanced trading experience, Theis succeeds in simplifying lessons about the functionality of CFDs while teaching readers about the fundamentals of stock market trading. The book answers basic yet pertinent questions – these include what derivatives are, and how traders can trade indices.
For over ten years, Theis has concentrated on trading and made a living out of it, and this book is his answer to questions that other traders have asked him through the years. Theis’ work offers professional tips to new and advanced traders alike, including which strategies work best for CFDs and guidance on how traders can find the right strategy. Theis also ensures that traders are given all the information they need to start trading by adding a discussion about expensive traps that they should avoid.
Insider’s Guide to CFD-Trading is thorough, honest and informative, and it succeeds in gradually leading the reader from the fundamentals of CFD trading to the practical aspects of the trade, such as opening a trading account, the risks involved, and how to actually start trading.
Details:
ISBN-10: 3844224645
ISBN-13: 978-3844224641
Format: Paperback
Length: 192 pages
Publisher: Hanseatic Brokerhouse
Publication Date: 2012
Language: German
