Live on the Margin

By: Patrick Schulte

Narrated by: Nick O'Kelly

Length: 11 hrs and 39 mins

Publisher's Summary

What would you do if money were no longer a concern? Surf the best breaks, sail oceans, climb mountains, build schools in third-world countries, write a book, raise Peruvian fainting goats? What would you do if you didn't have to show up for work tomorrow morning? 

Making that dream happen-stepping into an unknowable future for a life of adventure takes courage, decisiveness, an unwavering belief in yourself, and the willingness to take 100% responsibility for the outcome. Those happen to be the very same traits that define the successful trader. The skills you learn in pursuing your dream-through trading-might just remove money from the list of reasons you think that you can't fulfill it. 

This book is about more than trading and personal finance strategies-we propose an entirely new way to evaluate risk, in life as well as in finances. By taking the right risks and ignoring the imagined ones, you'll be paid with the one priceless commodity that is truly limited in your life-time.

Please note: The audio references supplemental material via a link that is unfortunately no longer functional.

©2012 Patrick Schulte and Nick O'Kelly (P)2013 David N Olberding

Where is PDF???

I am still reading the book, the real action actually starts in chapter 9. Till then its more just authors story, which is very interesting. However, if you are interested on the strategy, this is where it starts.
Unfortunately, author refers to charts repeatedly, (which are important to understand the strategy). PDF is not included. Big shame.

This Book Blew My Mind - Forever Changed

Would you recommend this audiobook to a friend? If so, why?

I was so moved by this book that I sent an email to the author. Here is what it said:

"I'm listening to the audiobook version of Live on the Margin and I'm literally in tears. This book is changing my life. Its helping me realize a vision that I've had for a while, but just wasn't brave enough to take hold of. I'm a 38 year old single mom with a 15 year old son, and I've been spinning my wheels for a while now, feeling "trapped" in my current situation. Career is going fine, but I'm not really interested in living a career. An adventure is what I've really been yearning for. Experiences, not possessions. I think that's what my son needs too. Did I mention I love the ocean? And sailboats. And stock trading (although I've only dabbled in it).

I've crunched the numbers and I think I can squeeze out enough savings in 18 months to get ready for the trip, 24 months max. How do I stay motivated for that long without losing the vision? That's what scares me. I don't want to give up. - I want to see this thing through. This is the most energized I've felt in years.

Just wanted to say thanks."

That was 8 days ago. My feelings have not wavered and I've taken several steps already to re-design my life as an owner, instead of a worker. If you want to know what that means, read the book.

Best of luck,
Happy Reader

Six chapters in and still waiting...

For some advice. This guy is pretty full of himself. So far I've learned that he does his own thing and if you want to be successful, you should too.

Novice to trading? Start here.

Nick is a great narrator and the info in these e pages will change your perception if you let it. Definitely will revisit this in the future

need to provide graphs

need to provide graphs because the audible states to view certain graphs for illustration and that was not included which hindered the learning process

pictures illustration

It's hard to imagine stock and options trades without a illustration, when you just listen to it, instead of reading the book. Maybe I will buy the book next time so I can look at the pictures in the book.

Awesome

The book was very insightful and the narrator was awesome. I recommend it 👌 👍

Good intro to trading

Some of the other reviews say this book has no information. They didn't make it past chapter 6. The first half of the book is motivation for living a different kind of life. The second half of the book gets into the technical details and gets really specific. I loved the contrast but you have to stick with it. Nick O'Kelly narrates the book and has a great voice. I do highly recommend buying the physical book though and reading along. The narrator does a good job of describing all the plots but "a picture is worth a thousand words".

some visual learning

concept of living your life is good, with examples and teaching of a way to do it. the downside is in the actual learning of their ways. it requires you to look at and study some graphs, which you cannot do on audible. this book make be better to actually buy, or buy to look at while listening.

This book has zero substance

No substance and absolute zero methodologies to practice margin trading at all. don't waste your time. this is so elementary that my 10 year old brother knows all this.