CFDs made simple! Great name isn’t it, and the reality is that trading CFDs is simple after the first half dozen or so years. I started trading CFDs back in 2000 around the time I first met Geoff and a little later Ashley. We all had one thing in common a desire to trade and a desire to do it now, the other thing we had in common was that we all worked for the same firm which gave us the ability and time to work our individual trading strategies out by bouncing ideas off of each other.
Take it from someone who knows, trading is a really easy thing to get into, in my line of work we see it all the time. Guys ring up and say I want to trade CFDs do you do that? We say yes and ask if they have traded before and if so do they have a plan? The answers nine times out of ten are scary!
As a result they do not become our clients.
Trading for a living can be, if you don’t do it in a disciplined manner, be the same as owning a boat, something you pour money into and a couple of times a month it gives you something back.
It is for this reason and the fact the Geoff and Ash are not only my good mates but also great traders, that I cannot recommend this book highly enough. I know that their book will drive home the fact that discipline and planning the trade is everything. Couple this with the strategies of building your CFD trading business (yes it is a business) and the fact that they take you through the journey of getting that first trade on from A to Z and you have every chance of getting it right more times than not.
Once again I cannot recommend Geoff and Ashley’s book to you highly enough. I also recommend you read it taking notes then read it again, and remember there is no such thing as too much knowledge.