Trade Like a Shark: The Naked Trader on How to Eat and Not Get Eaten in the Stock Market - Paperback

by Robbie Burns (Author)

Take a bite out of the markets with the Naked Trader! This book is for anyone who really wants to consistently make money trading shares. Trading and investing can be tough; most fail. The human mind is to blame. It's prone to emotion, cluttered with distractions like Twitter and social media, easily trapped by scams. But it's possible to make money in the markets and to do so reliably. Robbie Burns, aka The Naked Trader, has been trading successfully from his home for 15 years making over 2m tax-free (while eating a lot of toast and watching Game of Thrones). He's also met and helped thousands of fellow traders at his seminars, seen every possible trading meltdown, and knows exactly what can go wrong but also how to put it right. In Trade Like a Shark, Robbie uses his unique firsthand experience and the real-life stories traders have shared with him to expose exactly how the human mind can play havoc with your trading. At the same time he reveals his tried-and-tested methods for overcoming it, showing how to be a shark, gobbling up money from the 'fish' who are full of fear, greed and other emotions. (And also why modelling yourself on Mr Spock can work wonders.) If you've run into problems trading in the stock market or just want to reinforce good habits there is no better or wittier guide to the pitfalls that are out there, and some surprisingly effective ways to overcome them. It's a must-read book on trading psychology without the jargon. Read it and take your trading to the next level now!

Author Biography

Robbie Burns has been a journalist and writer since he graduated in journalism from Harlow College in 1981. After starting life as a reporter and editor for various local newspapers, from 1988-1992 he was editor of ITV and Channel 4's teletext services. He also wrote ITV's daily teletext soap opera, 'Park Avenue', for five years.

He then went on to freelance for various newspapers, including the Independent and the Sun, and helped set up a financial news service for CNN. In 1997, he became editor of BSkyB's teletext services and set up their shares and finance service. While there he also set up various entertainment phone lines, including a Buffy the Vampire Slayer phone line that made him nearly £250,000.

He left full-time work in 2001 to trade as well as run a café in London, which he later sold - doubling his money on the initial purchase. While at BSkyB, Robbie broadcast a diary of his share trades, which became hugely popular. He transferred the diary to his website, www.nakedtrader.co.uk, which became one of the most-read financial websites in the UK. Between 2002 and 2005 he wrote a column for the Sunday Times, 'My DIY Pension', featuring share buys and sells made for his pension fund which he runs himself in a SIPP. He managed to double the money in his pension fund from £40,000 to £80,000 in under three years, as chronicled in these articles. By mid-2014 he had turned it into £350,000. Robbie now writes a weekly column for ADVFN and runs seminars using live markets to show how he trades.

Robbie has made a tax-free gain of well over £2.5 million from trading shares since 2001, becoming one of the UK's few ISA millionaires and achieving a profit every year, even during market downturns. His public trades alone - detailed on his website - have made more than £1.5m.