By Bennett A. McDowell, Toni Turner

The must-have consultant for an individual contemplating getting into the interesting global of buying and selling from home

The largest stumbling block for individuals seeking to release their very own buying and selling companies from house is a failure to appreciate the complexities of the "back place of work" operations had to be winning. Survival advisor for Traders is the following to aid. filled with options for construction a winning domestic buying and selling company, and that includes solutions to questions such a lot up-and-coming investors may by no means imagine to invite, Survival consultant for Traders is needed examining for somebody who desires to begin and maintain a buying and selling enterprise from home.

  • Explains how you can create a buying and selling marketing strategy, organize an place of work, enforce a buying and selling method, use margin, take care of criminal and monetary concerns, and retain applicable records
  • Examines the possibilities and demanding situations of dealing with a home-based buying and selling business
  • Details the method of constructing and organizing your buying and selling business
  • Includes a finished "Trading marketing strategy Template" that you should customize
  • Written through Bennett McDowell, a very popular dealer and coach of traders

The booklet for an individual even brooding about coming into the interesting international of buying and selling, the Survival advisor for Traders bargains sensible options that any one can use with the intention to construct an enduring, thriving domestic buying and selling enterprise.

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Extra info for Survival Guide for Traders: How to Set Up and Organize Your Trading Business

Sample text

This book belongs in every trader’s library as a timely and compelling guide to success. Toni Turner Author, A Beginner’s Guide to Day Trading Online, A Beginner’s Guide to Short-Term Trading, Short-Term Trading in the New Stock Market; President, TrendStar Trading Group, Inc. com Preface Survival is at the heart of this book, more than getting rich quick or making a fast killing. Maybe on the surface that idea appears to lack ambition, but many of you who have been caught off guard even once by the power and speed of the financial markets know and understand the need for caution when entering even a routine investment or trade.

Unless the individual trader sets up a system for accountability, the trader’s financial stability can erode ever so quickly, without any warning or notice. Traders can find themselves making less than minimum wage and often can find themselves losing money as opposed to making any money at all. They might even get their pink slip (meaning their trading account balance has gone to zero) without so much as a whisper of a reprimand or warning from their boss, who of course is none other than themselves.

Again, here is more vital information that will help you excel. The content in Chapter 9 provides readers with a comprehensive business plan. Bennett also includes a Vision Statement form, and ones for Money Management Strategy, Order Execution, and Profit and Loss History, among others. This is another chapter in Survival Guide for Traders that I wish I’d had access to a dozen years ago. Taking the time to fill out these planning tools embeds the seriousness of our trading business into our psyches.

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