Making Money From CFD Trading: How I Turned $13K Into $30K in 3 Months

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John Wiley & Sons, Dec 30, 2011 - Business & Economics - 184 pages
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Contracts for difference or 'CFDs' have taken Australian traders by storm. Catherine Davey's first book on the subject, Contracts for Difference: Master the Trading Revolution, was a great success; in this follow-up, she shares her real-life CFD trading experiences over a three-month period in 2005. During this time, she manages to turn $13000 into $30000, but her path to success is anything but straight and simple.

Making Money from CFD Trading describes not only the reasoning behind and execution of her trading strategies, but also presents an honest, inspiring and often humorous discussion of her emotional journey as a trader. Catherine gives a fascinating insight into the trading experience: struggling to maintain the right psychology, avoiding irrational 'ego trades' and finding emotional balance between depressing losses and big wins. She presents a range of opinions from industry experts and commentators, discussing day-to-day trading issues and sharing controversial market views. This book will give you an understanding of:

  • simple charting techniques that make money
  • the unique aspects of trading CFDs
  • how to exploit the advantages CFD trading has over traditional share trading
  • strategies for establishing and maintaining a winning mental approach.

This entertaining and hugely informative book is a must-read for anyone who wants to know more about CFDs and for traders of any financial instrument who want to take their performance to the next level.

 

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Contents

Avoiding Waterworld
6
Into the abyss
10
Wealth god smiles
18
Addicted to trading
35
My 10 000week
42
Subliminal messages
48
Trading sucks sometimes
48
Lingo and lessons
48
Denial and regret
48
Out with abang
48
Postscript
59
Index
67
Copyright

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About the author (2011)

Catherine Davey is a consultant to the CFD industry and one of the most popular technical analysts in Australia, well known for her articles in the trading press and as a speaker on the seminar circuit. She holds a Master of Business (Applied Finance).

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