Trading For Beginners

Trading For Beginners is an eBook that is a excellent resource for anyone who is considering getting started in trading the financial markets, including Forex, Futures, Stocks and Options.

If you are looking for a really good introduction to trading then Trading For Beginners would probably suit you. I know that I spent a lot of time reading books and websites when I first became interested in trading Forex, and this book covers everything that I was looking for at the time.

Trading For Beginners is written by Marc McRae, an experienced trader and author.The book itself is 103 pages long, Although a few pages are devoted to a bit of fluff such as the Risk Disclosure Statement and some reader testimonials.

It is delivered in PDF format that can be read by the freely available Adobe Acrobat reader. It also has comprehensive bookmarks embedded that is a small feature, but make skipping around chapters a breeze.

So let’s take a good look at Trading For Beginners:

What Does Trading For Beginners Cover?

It begins with what to expect from reading the book and an a description of the reality of trading. Basically, Mark dispels some of the myths about trading, such as it being fast & easy money, and provides some of the realities of getting started in the business. Here there is an emphasis on the frustrations and financial mistakes that many traders make that force them to give up.

Mark explains how about 90% of new traders lose their starting capital and what you can do to avoid being one of them.

Next, Mark explains a bit about the markets that can be traded, covering the 4 common ones - Forex, Futures, Stocks & Options. Each of these has a fairly in-depth explaination of how they function and links to some excellent external resources.

Then there is an overview on Technical and Fundamental Analysis, however, Mark states that for the purpose of Trading for Beginners that Technical Analysis is going to be covered in greater detail. Indeed, the next 32 pages cover everything from Candlesticks, to Trends and Support & Resistance.

The final ‘meat’ of the book covers what I consider to be the most important aspect of trading that a trader should learn - Money Management. In this part, Mark begins by explaining what Stop Losses are and how they should be used, How to exit losing trades and stay with winning trades. There are also some good chapters on Probability and Drawdown and how to use risk management to control them.

Following this there is a quick look at a few trading methods you can start using such as trend following, breakouts and reversals.

Finally, there is a good resource section and a glossary of common terms that are used in the industry - as well as a link to the members area where more ebooks and training material can be downloaded.

How to Buy Trading For Beginners

Trading for Beginners can be found at the Surefire Trading Website and is located about 2/3 down the page. It can be bought here for the current price of $49.

Have a good look around the Surefire Trading Website, because some of Marks book occasionally have Trading for Beginners bundled into the package as a special discount.

Alternatively, you can do what I did and buy Forex Trading Machine where it is currently bundled as a special bonus. Although, this offer is subject to change at any time. You can read my Forex Trading Machine review here.

My final judgment would be that Trading For Beginners is certainly worth the money if you were to buy it on it’s own.

But if you can get it bundled as a special bonus as explained above, you will be getting a very good effective discount on the main product you are buying. I would recommend finding a product where it is bundled as a bonus, such as Forex Trading Machine.

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