If you’ve followed this blog for any length of time you’ll know that I answer a lot of trading questions here. I also answer them regularly on trading forums like Trade2Win and BabyPips. Call them Frequently Asked Questions (FAQs). All that question answering motivated me to begin a new book project. After a couple of years of fits and starts, I’ve finally got there with my new book, New Trader FAQs.
This new book is a collection of more than 50 of those FAQs with answers to each an every one. Among some of the bigger questions are:
- How much money can I make trading?
- When do I know I’m ready to start live trading?
- What books should a new trader read?
- Should I quit my job and trade full-time?
- Do I have to accept some big losses in the beginning?
- How long does it take to make a stable trading income?
- What is the percentage of people who succeed in trading?
To answer all the questions in the most useful and informative way, I’ve brought in about a dozen highly experienced traders and market professionals to help. Some you will no doubt recognize (such as Brett Steenbarger). Others may be new to you. All of them know their business and how to communicate. Several have authored books. Almost all are active traders. Some are professionals, while others started with small accounts and ran them up to sizable portfolios.
In short, these are folks you can learn from.
And don’t think this is just for brand new traders. As one recent reviewer commented, the book addresses questions and problems that are heard regularly from traders that have even been trading for 5+ years. It’s for anyone who considers him or herself a developing trader.
I encourage you to learn more at www.newtraderfaqs.com. The book is available today.
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About the Author
John Forman, author of this blog, has traded for more than 20 years, is a professional market analyst, and authored The Essentials of Trading. He is an active participant in trading forums, consults for trading related businesses, as published literally dozens of trading articles, and has been quoted in a number of books and in the media.
** See John’s full bio.
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