Thursday 6th April 2006
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Simply put, it is a contract that mirrors the performance of a share or index. It is traded on margin, and just like physical shares your profit or loss is determined by the difference between the price you buy at and the price you sell at.
No other tool allows investors to profit from either bull or bear market, using a fraction of the capital required from traditional share trading, while paying low or no commissions.
You can now purchase Catherine Davey's two books on CFD trading through the Good Returns bookstore for a special price.
Catherine's first book, Contracts for Difference: Master the Trading Revolution, was a great success. In her latest book, Making Money from CFD Trading, she shares her real-life CFD trading experiences over a three-month period in 2005. During this time, she manages to turn $13 000 into $30 000, but her path to success is anything but straight and simple.
Catherine gives a fascinating insight into the trading experience; struggling to maintain the right psychology, avoiding irrational 'ego trades' and finding emotional balance between depressing losses and big wins. She presents a range of opinions from industry experts and commentators, discussing day-to-day trading issues and sharing controversial market views.
A "must-read" for those wanting to know more about CFDs and for traders of any financial instrument who want to take their performance to the next level.
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