By Kathy Lien
At once, for laughs, you need to recognize that Chuck Hays has a complete bankruptcy during this e-book. who's Mr. Hays...well, he's Bernie Madoff's lengthy misplaced legal brother.
Charles "Chuck" E. Hays, the guy at the back of Crossfire buying and selling LLC, is now in difficulty for operating an immense Ponzi scheme and utilizing investor cash to shop for himself goodies...like a $4 million Yacht. lol!!!
This e-book used to be written in 2007, nobody knew Mr. Hays used to be a criminal. So simply forget about Chapt. four. it's all lies, or learn it to get a top at his conceitedness. Boris and Kathy had not anything to do with him yet a few humans in buying and selling boards are making ridiculous accusations. PLEASE!
This publication won't educate you ways TO alternate whatever within the traditional feel. it's going to provide you with perception into the feelings, viewpoints and emotions of a few large gamers. From that, you could 'find' your self and perhaps research a specific thing or two.
Some of this ebook made me chortle, a few of it made me recognize my very own errors, and the remaining I both realized from or simply easily loved for the excitement of reading.
Do now not count on this booklet to indicate the best way towards the holy grail. All you newbie and smug investors is absolutely not chuffed and wish to forestall anticipating to discover it. My successes and screw ups in buying and selling come from arms on adventure coupled with the data a large choice OF assets supplied to me. I nonetheless haven't came across perfection, the easiest and brightest available in the market haven't and you'll now not both. you'll easily how you can right your errors and get better.
This ebook is simply a enjoyable, knowledge crammed learn. do not count on a path in buying and selling. simply examine it as though you're sitting on the desk of a few good pro investors which are brazenly discussing buying and selling. there is not any lesson plan, there isn't set direction. however the man who shuts up and listens will examine from the dialog.
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Additional resources for Millionaire Traders: How Everyday People Are Beating Wall Street at Its Own Game
A : I’m absolutely positive that I worked full-time hours, and some of those hours were the 9-to-5 type while some were side projects where I did consulting work like write a contract or help with a web site. I looked for whatever work I could find that I would be able to do in the middle of the night ideally. Q : So how did you manage to trade while working full time? A : I just didn’t get a lot of sleep. The only answer I can come up with, looking back on it now, is that I woke up at 2 or 3 o’clock in the morning and I would watch the London or European sessions.
You really want to know the story behind the stock and you will hold through the day-to-day noise if you believe in the story. A : That is correct. In fact, I never hold a position for a long time in a company where I don’t like the fundamentals. Now on swing or intraday basis trading, that is pure technical. On the crash system that I told you about, I actually don’t even know the companies, Sometimes I have to look up to see what the stock is, never seeing the symbol before [laughter]. And I do try to read the press release, see how bad the news is, and so forth, and then manage a trade from there on out.
Q : When did you decide to switch careers? A : Once again my not-so-fantastic grades in law school threw me an opportunity to look elsewhere. I had job offers after law school to work in law firms, and what I realized at that point was that it 41 JWBK169-Lien June 29, 2007 19:33 Millionaire Traders just simply wasn’t going to work for me. D. program on the East Coast. D. program wasn’t for me, I actually worked at several jobs, whatever I could do to earn money and support my family. Anything to avoid law.
Millionaire Traders: How Everyday People Are Beating Wall Street at Its Own Game by Kathy Lien