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Trading Stocks & Forex for Beginners: Common Mistakes Every Trader Makes (and How to Avoid Them)

Trading Stocks & Forex for Beginners: Common Mistakes Every Trader Makes (and How to Avoid Them)

Andrei Puscaragiu

“Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.” - Warren Buffett

According to one academic study, 4 out of 5 active traders lost money and only 1 in 100 could be described as "predictably profitable."

According to the AMF, France’s financial market regulator, 89 per cent of French clients lost money trading Forex and CFD between 2009 and 2012.

Each day new traders and investors, full of enthusiasm and hope, begin their quest for (big) profits. Unfortunately, for most of them the ride turns out to be a nightmare, and they end up losing (a lot of) money.

Trading is hard. You need to be fully aware of all the risks that arise from trading. You need to understand the unwritten rules of the financial markets. You need to accept you are on your own in a combat with other individual traders and investors, investments funds, hedge funds, banks and other market participants. You need to accept that one of the financial markets’ rule is “Eat or be eaten.”

This is why the book can help you

In less than 3 hours, this easy to read and understand book for beginners will teach you how to avoid the most common pitfalls of trading and how you can avoid losing your money.

This book will not teach you a specific trading methodology. The goal is to help you understand the most important mistakes that can make you fail.

What are some of the readers saying about the book?

“This book will save you good money because in the beginning you will do silly mistakes which can be avoided if you understand the basics written in this book.”

“Good advice using easy to understand examples aimed at keeping inexperienced traders/investors out of trouble.”

“This book should be the very first resource for a beginner thinking about getting into trading.”

About the Author

Andrei has been trading since 2005 stocks, contracts for difference (CFDs) on currencies (Forex), indices, and commodities. During the years he experienced both very good and very bad times. He knows how it feels to win $1,000 in two to three days; he knows how it feels to lose $1,000 in a single day.

Ready to Get Started?

Scroll to the top of the page, click the “buy” button and get your copy today.

Don't have a Kindle? No problem. Just click where it says: "Read on any device" (just beneath the book image), and you will be able to read the book from any tablet, smartphone, or computer.

* (study conducted in Taiwan by Brad M. Barber, a finance professor at the University of California, Davis)

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