Page 39 - THE MARKET WHISPERER

32 Introduction

Trading is my profession. Investment is not. I don’t negate the validity of
investment, especially if you’re good at it. But I do know that investments
will never lead to a monthly salary from the market. I do believe that
most of your free money should be invested, if not in the stock exchange,
perhaps in real estate. But that’s not my field of expertise.

What Did I Know about the Stock Exchange When I
Started Out?

Nothing. A little more than a decade ago, I started from scratch. I didn’t
know how to buy or sell stocks, and I knew nothing about the fundamental
concepts. One important rule was clear to me, however: money in the
stock exchange, as in any business, is earned by buying cheaply and selling
for much more. In point of fact, there’s not much difference between
selling vegetables in an open air market and trading stocks on Wall Street,
apart from the fact that you’ll find more books have been written about
Wall Street. Add to stock trading the comfort of working from your home,
plus the potential for high profits, and you have the best recipe for self-
employment.

Stock trading is a simple profession. People tend to make simple things
complex. I believe that all any reasonable person needs for success is
the absolute determination to win. Even if you are clueless and have no
experience, don’t be deterred. You’re starting out at exactly the same point
I did.

This book is meant for you. It will lead you, step by step, at your own
pace, to a broader understanding. You need to make an uncompromising
decision to succeed. Now, to be absolutely certain you’ll let no obstacle
stand in your way to success, close the door to your room, take a deep
breath, and shout at the top of your lungs: I’m going to make it!

What Will You Learn from This Book?

• Fundamentals of trading
• Choosing the right broker and trading platform
• How to choose winning stocks
• How to profit from rising or falling markets
• Technical analysis
• Basic and advanced trading methods
• Financial and risk management
• Trading psychology
• Self-empowerment