Do you want to trade stocks, but don't know where to start? Are you scared of the risks? Relax! Trading for Dummies takes a measured approach to trading, giving you the basics of trading and portfolio management. This friendly guide will show you how to analyze the market and make smart decisions so you won't lose your shirt!
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©2004 Wiley Publishing, Inc; (P)2007 HarperCollins Publishers
The actual book is a decent introduction to the history, workings and practical rules and techniques of begining investment in the stock markets. It isn't great mind you - too much history, too little explaination. For the advanced or even slightly experienced trader - skip it. For the complete new trader, not enough details on many topics. Problem is, in the abridged audio format these shortcomings are taken to their extremes. If you have any experience then this is a waste of time. If you are new - you will be left with more questions then answers. The only person this book would be half way decent for in audio format is a novice trader that has had less then 3 months experience and has read other books and is looking for some renforcement of concepts while driving/running/etc. Honestly though...not sure who did the audio edit, but a good third of it is fluff - history/broker internal procedures, etc. - stuff that an actual trader may be interested in as entertainment but has no relevence on trading. The actual definitions, concepts, trend watching, etc. that someone needs to know are REALLY skimmed over. This was actually my first audio book - and I can say, my last "abridged" one. Save your money - buy the actual book.
I purchased a few other audio books well acclaimed on the subject, but they tend to target pre educated audiences. After studying this book, it's much easier for me to follow the lingo of the other books I bought.
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