I love the structure of this book: Steve Burns points out huge
differences between winners and losers in every area of the market.
Each chapter takes up a pair of opposites, such as "New Traders try
to prove they are right; Rich traders admit when they are wrong."
Dozens of such pairs offer a psychological mirror to serious
readers. -Alexander Elder www.elder.com
Here is a work that puts the reader in the mind of a fledging
trader who makes all the mistakes then learns from them. Told in an
instructive and entertaining narrative, the author takes the reader
through the trading concepts with a clarity and ease of
understanding. A must read for beginning and intermediate level
traders.
-Dr. Chris Kacher, co-founder of www.SelfishInvesting.com and
co-author of "How We Made 18,000% in the Stock Market"
You have done a truly tremendous job with this book A breezy
read with essential trading advice. I think this book could become
a trading classic So many great rules are offered in this book, but
I think my favorite might be Chapter 8's. It is SO true Just
printing out the title of each chapter and putting it on your desk
would greatly benefit every trader I know. Steve, you've done a
great job
-"Darrin Donnelly, DarvasTrader.com."
Steve Burns has done a superb job with his new book "New Trader,
Rich Trader" This is a must read for all levels of traders. Golden
nuggets include important concepts like "I always put capital
preservation before capital appreciation." Steve tackles
psychology, risk control, and what it takes to succeed in this
business where so many fail. As Steve says "most new traders learn
the hard way by losing money...," don't be one of them, do yourself
a favor and buy this book, because not only is it a great
investment, but the concepts in this book will save you plenty
-Bennett McDowell, Founder, TradersCoach.com(r) Author: "A
Trader's Money Management System: How to Ensure Profit and Avoid
the Risk of Ruin"
Steve Burnsdescribes three of the most critical aspects of
trading with a "dialogue-style' book between a novice trader and an
experienced successful trader. Psychology - making sure your
mindset is correct and in the game with a solid, realistic, and
objective plan. Risk Management - the key to it all and ones
ability to understand andmanage all aspects of risk control.
Methodology - making sure you fit a trading plan to your own unique
style while understanding what prior successful traders did as
well. The teacher/student lessons discussedshould be of valueto all
traders.
-John Boik, author of "How Legendary Traders Made Millions" and
"Monster Stocks"
Steve has crafted an easy-to-read tutorial on avoiding the most
common mistakes made by new traders. Save yourself years of
heartache and buy this book and do your homework. New Trader, Rich
Trader should be mandatory reading for the novice investor.
-Kenneth Lee, author of "Trouncing the Dow&quo
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