Comments for Uk Online Investing http://ukonlineinvesting.com Information and UK investing tips Fri, 26 Mar 2010 13:03:09 +0000 hourly 1 http://wordpress.org/?v=3.1 Comment on Trading in the Zone by Donald http://ukonlineinvesting.com/trading-in-the-zone/comment-page-1/#comment-11 Donald Fri, 26 Mar 2010 13:03:09 +0000 http://ukonlineinvesting.com/trading-in-the-zone/#comment-11 I bought this book on a recommendation from a colleague and am really glad I did. It really kept my interest right up to the last page because it is concisely written and doesn't get too bogged down in digressions that allow one's attention to wander. <br /> <br />'Trading in the Zone' is an excellent book for those involved in trading. It's very focused on the psychological issues of trading, and should be useful both for those experienced in trading, as well as for those interested in taking up trading and who want to know which personality traits it actually takes to be an excellent trader. The simple idea that many books promote - that just about everybody can take up trading with minimum training or practice - is actually true, but what they tend to leave out is the fact that there's a big difference between a trader who just dabbles at things and one who really makes it work! Reading this book at the beginning of a trading career will be very useful as it will make you aware of where the risks are. Not only the risks the market creates, but those that are part of your own character! If one is going to face *unexpected* problems as a trader, the last place they should come from is oneself ... <br /> <br />Without taking anything away from the value of the book as a whole, I found the concept of 'making yourself available' to the market, introduced in Chapter 6, and the concept of 'trading in the moment', from Chapter 7, particularly helpful. The author also manages to not only explain those concepts but gives you a real idea how to use them in practice. This is a real strength, since may How-to' books seem to have difficulty going from the abstract to the practical. <br /> <br />This book is repetitive at times, but in a way that's a good thing because it makes some of the issues sink in really well. It's also a good book to come back to when things aren't going so well, because it reinforces the idea that a lot of the that 'problems' traders are facing are psychological. <br /> <br />I've recommended this book to several people already, and have no hesitation in recommending it here. If you are thinking of taking up trading then you'll certainly want to read several books on the subject, but I think this should definitely be one of them! Rating: 5 / 5 I bought this book on a recommendation from a colleague and am really glad I did. It really kept my interest right up to the last page because it is concisely written and doesn’t get too bogged down in digressions that allow one’s attention to wander.

‘Trading in the Zone’ is an excellent book for those involved in trading. It’s very focused on the psychological issues of trading, and should be useful both for those experienced in trading, as well as for those interested in taking up trading and who want to know which personality traits it actually takes to be an excellent trader. The simple idea that many books promote – that just about everybody can take up trading with minimum training or practice – is actually true, but what they tend to leave out is the fact that there’s a big difference between a trader who just dabbles at things and one who really makes it work! Reading this book at the beginning of a trading career will be very useful as it will make you aware of where the risks are. Not only the risks the market creates, but those that are part of your own character! If one is going to face *unexpected* problems as a trader, the last place they should come from is oneself …

Without taking anything away from the value of the book as a whole, I found the concept of ‘making yourself available’ to the market, introduced in Chapter 6, and the concept of ‘trading in the moment’, from Chapter 7, particularly helpful. The author also manages to not only explain those concepts but gives you a real idea how to use them in practice. This is a real strength, since may How-to’ books seem to have difficulty going from the abstract to the practical.

This book is repetitive at times, but in a way that’s a good thing because it makes some of the issues sink in really well. It’s also a good book to come back to when things aren’t going so well, because it reinforces the idea that a lot of the that ‘problems’ traders are facing are psychological.

I’ve recommended this book to several people already, and have no hesitation in recommending it here. If you are thinking of taking up trading then you’ll certainly want to read several books on the subject, but I think this should definitely be one of them!
Rating: 5 / 5

]]> Comment on Trading Secrets: 20 Hard and Fast Rules to Help You Beat the Stock Market by Mr. A. Davidson http://ukonlineinvesting.com/trading-secrets-20-hard-and-fast-rules-to-help-you-beat-the-stock-market/comment-page-1/#comment-17 Mr. A. Davidson Fri, 26 Mar 2010 13:02:15 +0000 http://ukonlineinvesting.com/trading-secrets-20-hard-and-fast-rules-to-help-you-beat-the-stock-market/#comment-17 A book focused on market timing rather than individual stock picking. The author, drawing on research from Investors Chronicle, where he is companies editor, dissects historical, technical and economic data to find lessons for future investing. The book gives valuable insight into how the stock market works, its seasonal impact, when bull and bear markets are likely to start and end, and the times of the year when it is best to buy or sell, including in specific sectors. There is a lot of focus on technical indicators. I welcome this book not because it contains the wholly grail for stock market traders (no book does) but because it provides usable trading ideas and, more importantly, a comprehensive analysis of how the stock market has reacted to events, seasonal pressures and trends, and the historical odds that they will continue to do so. Rating: 5 / 5 A book focused on market timing rather than individual stock picking. The author, drawing on research from Investors Chronicle, where he is companies editor, dissects historical, technical and economic data to find lessons for future investing. The book gives valuable insight into how the stock market works, its seasonal impact, when bull and bear markets are likely to start and end, and the times of the year when it is best to buy or sell, including in specific sectors. There is a lot of focus on technical indicators. I welcome this book not because it contains the wholly grail for stock market traders (no book does) but because it provides usable trading ideas and, more importantly, a comprehensive analysis of how the stock market has reacted to events, seasonal pressures and trends, and the historical odds that they will continue to do so.
Rating: 5 / 5

]]> Comment on A Beginner’s Guide to Day Trading Online by George http://ukonlineinvesting.com/a-beginners-guide-to-day-trading-online/comment-page-1/#comment-16 George Fri, 26 Mar 2010 12:58:50 +0000 http://ukonlineinvesting.com/a-beginners-guide-to-day-trading-online/#comment-16 It was just by share luck that I chose this book out of the many on this subject. It explains the basics, some I thought that I knew already, but evidently I did not. Charting techniques from beginners level was very well explained and introduced the most common charts. The basic charting explained in the book gives an excellent foundation. Trading pychology was evident through out the book, with the number one saying "always protect your capital".<br>Since reading the book I have put sone of the theories in to practice, the conconclusion is that the book enables you to go on and further reasearch various technical analysts charting. I still use this book for reference which underlies the title of "Beginners".<br>Excelleny buy. Rating: 5 / 5 It was just by share luck that I chose this book out of the many on this subject. It explains the basics, some I thought that I knew already, but evidently I did not. Charting techniques from beginners level was very well explained and introduced the most common charts. The basic charting explained in the book gives an excellent foundation. Trading pychology was evident through out the book, with the number one saying “always protect your capital”.
Since reading the book I have put sone of the theories in to practice, the conconclusion is that the book enables you to go on and further reasearch various technical analysts charting. I still use this book for reference which underlies the title of “Beginners”.
Excelleny buy.
Rating: 5 / 5

]]> Comment on A Beginner’s Guide to Day Trading Online by *_tlh_* http://ukonlineinvesting.com/a-beginners-guide-to-day-trading-online/comment-page-1/#comment-15 *_tlh_* Fri, 26 Mar 2010 12:08:33 +0000 http://ukonlineinvesting.com/a-beginners-guide-to-day-trading-online/#comment-15 This was the first book I read as a novice with very little knowledge of the markets. The structure of the book with clear and easy points made it simple to quickly understand the basics of trading. <br /> <br />It is designed for the American market but the principles laid out are easily transferred to the UK market. <br /> <br />Although it doesn't possess the full detail of other books, it is a fantastic initial starting point on which to further your knowledge. <br /> <br />I would highly recommend it if you are a beginner with limited knowledge. <br /> Rating: 4 / 5 This was the first book I read as a novice with very little knowledge of the markets. The structure of the book with clear and easy points made it simple to quickly understand the basics of trading.

It is designed for the American market but the principles laid out are easily transferred to the UK market.

Although it doesn’t possess the full detail of other books, it is a fantastic initial starting point on which to further your knowledge.

I would highly recommend it if you are a beginner with limited knowledge.

Rating: 4 / 5

]]> Comment on A Beginner’s Guide to Day Trading Online by Anonymous http://ukonlineinvesting.com/a-beginners-guide-to-day-trading-online/comment-page-1/#comment-14 Anonymous Fri, 26 Mar 2010 11:50:29 +0000 http://ukonlineinvesting.com/a-beginners-guide-to-day-trading-online/#comment-14 This was the first book on the subject I was lucky enough to come across.I have since read many others, however, whilst their relative value lies in their expanding some facet on this subject,I as a novice return to Turners book to put the complexities into well observed working practice. I should like to mention I have never before been prompted to do this sort of thing. Rating: 5 / 5 This was the first book on the subject I was lucky enough to come across.I have since read many others, however, whilst their relative value lies in their expanding some facet on this subject,I as a novice return to Turners book to put the complexities into well observed working practice. I should like to mention I have never before been prompted to do this sort of thing.
Rating: 5 / 5

]]> Comment on A Beginner’s Guide to Day Trading Online by Anonymous http://ukonlineinvesting.com/a-beginners-guide-to-day-trading-online/comment-page-1/#comment-13 Anonymous Fri, 26 Mar 2010 10:50:35 +0000 http://ukonlineinvesting.com/a-beginners-guide-to-day-trading-online/#comment-13 Excellent book from Toni Turner. I read this book after her later book Short term Trading and feel that both books compliment one another. Yet another book that is difficult to put down till you've finished and then want to start it all over again. Good foundation for beginners guide for day trading. Can't wait for any further publications from this very amusing and enjoyable writer. Rating: 5 / 5 Excellent book from Toni Turner. I read this book after her later book Short term Trading and feel that both books compliment one another. Yet another book that is difficult to put down till you’ve finished and then want to start it all over again. Good foundation for beginners guide for day trading. Can’t wait for any further publications from this very amusing and enjoyable writer.
Rating: 5 / 5

]]> Comment on Trading in the Zone by MR EVAN J GRIFFIN http://ukonlineinvesting.com/trading-in-the-zone/comment-page-1/#comment-10 MR EVAN J GRIFFIN Fri, 26 Mar 2010 10:45:07 +0000 http://ukonlineinvesting.com/trading-in-the-zone/#comment-10 Having read many of "psychology of trading" genre of books, without doubt trading in the zone is by far the best. The writer has obviosuly traded and can identify with some of the most common trading errors and how to rectify them. His approach enables you to reduce the stress of trading. The trading athlete is good, but this is brilliant! Rating: 5 / 5 Having read many of “psychology of trading” genre of books, without doubt trading in the zone is by far the best. The writer has obviosuly traded and can identify with some of the most common trading errors and how to rectify them. His approach enables you to reduce the stress of trading. The trading athlete is good, but this is brilliant!
Rating: 5 / 5

]]> Comment on Trading in the Zone by Anonymous http://ukonlineinvesting.com/trading-in-the-zone/comment-page-1/#comment-9 Anonymous Fri, 26 Mar 2010 09:09:32 +0000 http://ukonlineinvesting.com/trading-in-the-zone/#comment-9 As a new day trader (with less than 12 months experience), I found this book to be at first a little verbose, and as a consequence, sometimes difficult to follow. However, there is much in this book that touches on 'real life' trading experiences and I found that once I started to apply the theory that Mark Douglas preaches, I felt a huge shift in my approach to and the results I got from day trading. If you're looking for a 'five step, quick and easy' way to succssful trading, you'll not find it here (or in any other book for that matter). This is a book for the trader who's looking to apply a strategy that they're already familiar with, to the best of their ability. It focuses almost purely on the psychological, and in doing so touches on the practical along the way. It asks the reader to completely re-program the way they think about the markets, about their trading style, about the way they perceive. This in itself requires hard work - but then who said trading was easy? I've read a previous review that gave this book a mere 1 star. I can only say I'm sorry that the reader didn't get as much out of this book as I did. After re-reading the book for the second time, things started to really sink in, and the results are clearly reflected in my trading account. In my view, when psychology is 95% of trading, this book MUST be one of THE fundamental books for day traders, whatever market they trade in. Rating: 5 / 5 As a new day trader (with less than 12 months experience), I found this book to be at first a little verbose, and as a consequence, sometimes difficult to follow. However, there is much in this book that touches on ‘real life’ trading experiences and I found that once I started to apply the theory that Mark Douglas preaches, I felt a huge shift in my approach to and the results I got from day trading. If you’re looking for a ‘five step, quick and easy’ way to succssful trading, you’ll not find it here (or in any other book for that matter). This is a book for the trader who’s looking to apply a strategy that they’re already familiar with, to the best of their ability. It focuses almost purely on the psychological, and in doing so touches on the practical along the way. It asks the reader to completely re-program the way they think about the markets, about their trading style, about the way they perceive. This in itself requires hard work – but then who said trading was easy? I’ve read a previous review that gave this book a mere 1 star. I can only say I’m sorry that the reader didn’t get as much out of this book as I did. After re-reading the book for the second time, things started to really sink in, and the results are clearly reflected in my trading account. In my view, when psychology is 95% of trading, this book MUST be one of THE fundamental books for day traders, whatever market they trade in.
Rating: 5 / 5

]]> Comment on A Beginner’s Guide to Day Trading Online by Anonymous http://ukonlineinvesting.com/a-beginners-guide-to-day-trading-online/comment-page-1/#comment-12 Anonymous Fri, 26 Mar 2010 07:53:16 +0000 http://ukonlineinvesting.com/a-beginners-guide-to-day-trading-online/#comment-12 A very substantial book about day trading and intermediate term trading. The light hearted style kept me turning the pages all night long-I could hardly wait to get to my computer. The Center Points were especially motivational and kept me in balance. Anyone that is learning how to trade should buy this book...highly recommend it! Rating: 5 / 5 A very substantial book about day trading and intermediate term trading. The light hearted style kept me turning the pages all night long-I could hardly wait to get to my computer. The Center Points were especially motivational and kept me in balance. Anyone that is learning how to trade should buy this book…highly recommend it!
Rating: 5 / 5

]]> Comment on Trading in the Zone by Anonymous http://ukonlineinvesting.com/trading-in-the-zone/comment-page-1/#comment-8 Anonymous Fri, 26 Mar 2010 06:37:24 +0000 http://ukonlineinvesting.com/trading-in-the-zone/#comment-8 If you are trading or want to become a trader I give this book a strong recommendation. If you are looking for a system or strategy then look elsewhere as this is not the purpose of this book. The main thrust is explaining how you become a trader, and anyone who has tried and is having difficulty will understand the problems. Most if not all of the problems I have experienced are mentioned in the book, which to me at least demonstrates that he knows what they are as he had them too and how to overcome them.<br>A little bit repetitive and distractive at times, hence only 4 stars, but I read it in a weekend so it is not to hard going.<br>Recommended if you are starting to trade or wonder why you are not progressing as you expect. Rating: 4 / 5 If you are trading or want to become a trader I give this book a strong recommendation. If you are looking for a system or strategy then look elsewhere as this is not the purpose of this book. The main thrust is explaining how you become a trader, and anyone who has tried and is having difficulty will understand the problems. Most if not all of the problems I have experienced are mentioned in the book, which to me at least demonstrates that he knows what they are as he had them too and how to overcome them.
A little bit repetitive and distractive at times, hence only 4 stars, but I read it in a weekend so it is not to hard going.
Recommended if you are starting to trade or wonder why you are not progressing as you expect.
Rating: 4 / 5

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