How to Start a Trading Business with $500

This guy focuses on risk management, which is a sign of he knowing what he is talking about. Also he is real when saying this is not an easy road, but then explaina how to walk it, and encourages the ones that are willing to pay the price of a trading career.

This book was somewhat esoteric for me because I bagan with a much larger account and it has grown over the years. But I did appreciate one main point the author made: With $500 totsl in your trading account, your goal should not be to turn it into $5,000 or some totally ridiculous amount. Your early goal should be, simply, learning to trade with consistently profitable results. Over time, your trades can grow in value, but this approach avoids leaping off a cliff on day one or even month one. Great advice.

The author describes a series of habits to help you develop the traits of a successful trader, you don’t need a lot of money, what you need is to follow to the letter the rules that you define.

This book repeats what could have been said in a single article. It does present good advice for a beginner trader, but if you’re looking for advice on the specifics of trading, then consider another book.

Peter Devaere is passionate about trading. And he likes to share his tips and tricks in different ways (ebooks, website, seminars, ...). Based on his personal experience and his teachings he knows that, for someone trying to find out his way in this business, it is better to start trading rather quickly with a small, real money account (instead of paper trading) trying out a lot of transactions. This way good trading habits and discipline can be focused upon. A special chapter is completely devoted to social trading : an opportunity to establish a track record and a real time test.

Nicely organized and well-presented plan how to become a professional trader. Not much descriptive of tax implications, but a good book, a quick read, and good advice. The author advises doing it with Forex trading. Not bad for a short book.

It is short, but that's not bad. The author gets right to the point and gives good examples of what to do and what to avoid. This should be an early book to read in your trading career. Definitely helps you understand what you need to have to really make it work. If it stops you from losing money by discovering you don't have the mental game to win, then it was a win for you.

This is one of the books you want to read if you are considering the field of trading. The author shares his own personal mistakes and encourages the reader in the first part of the book to show discipline and patience in learning how to trade right by starting out small. This is an honest approach to trading and it would benefit anyone who reads it.

Les conseils des premières pages sont adéquats pour tout débutant mais je n'ai pas trouvé intéressant le reste du livre..

Simple book but that is what you need at the begining. That 590 bucks are worth more than you think. You think oh I can loose it no big problem However imagine more ambitious scenarios and see what will happen when you not loose it but finally multiply them to let say 10000 bucks?

Interesting reading. Recommend it.

Interesting alternative to candles.

Was a great read and covered lots of topics which should be considered before starting in the Forex market. For me maybe there needs to be more information around the process of starting a trading business with $500. This will help match the title better Well-done though and a recommended read.