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New Trader Rich Trader
- 2nd Edition: Revised and Updated
- Narrated by: K. Foster
- Length: 3 hrs and 16 mins
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Publisher's summary
New traders are greedy and have unrealistic expectations; Rich traders are realistic about their returns.
When New Trader awoke bright and early, he could feel his excitement building with every second.
Turning on his computer, he thought about all the hard work that went into building his account; all the hours of overtime at his first job, and delivering pizzas on weekends.
That part of his life was now over. His heartbeat quickened as he typed in his username and password. And there it was, his $10,000 trading account.
He was ready.
How could he not be? He had been trading through simulated accounts for over a year, watched financial news, and followed trading gurus online.
The way he saw it, it was easy....
Follow the journey of New Trader as he learns just how challenging trading can be! Explore psychology, risk management, and methodology in this revised and updated, best-selling classic!
Praise for the first edition of New Trader Rich Trader:
"I love the structure of this book: Steve Burns points out huge differences between winners and losers in every area of the market. Each chapter takes up a pair of opposites, such as 'New Traders try to prove they are right; Rich traders admit when they are wrong.' Dozens of such pairs offer a psychological mirror to serious readers." - Alexander Elder, www.elder.com
"Here is a work that puts the reader in the mind of a fledgling trader who makes all the mistakes then learns from them. Told in an instructive and entertaining narrative, the author takes the reader through the trading concepts with a clarity and ease of understanding. A must read for beginning and intermediate level traders." - Dr. Chris Kacher, co-founder of www.SelfishInvesting.com and co-author of How We Made 18,000% in the Stock Market
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Buy as many lattes as you want. Spend extravagantly on the things you love. Live your rich life instead of tracking every last expense with Ramit Sethi’s simple, powerful, and effective six-week program for gaining control over your finances. This isn’t typical advice from a money expert. In this completely updated second edition, Ramit teaches you how to choose long-term investments and the right bank accounts. With his characteristic no-BS perspective, he shows how to squeeze every hidden benefit out of your credit cards.
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Repetitive - should be retitled.
- By Truth on 06-20-19
By: Ramit Sethi
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Million-Dollar Habits
- By: Rachel Rodgers
- Narrated by: Rachel Rodgers
- Length: 2 hrs and 3 mins
- Original Recording
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Rachel Rodgers, personal finance expert and author of the best-selling We Should All Be Millionaires, delivers yet again in her three-part Audible Originals series. In Million Dollar Habits, Rodgers puts forward the habits you would do well to adopt in order to generate wealth. And before she gets to those habits, she first encourages you to raise your financial goals.
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Good foundational information.. ughh
- By JAR on 03-28-24
By: Rachel Rodgers
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The Simple Path to Wealth
- Your Road Map to Financial Independence and a Rich, Free Life
- By: JL Collins
- Narrated by: JL Collins, Peter Adeney
- Length: 6 hrs and 38 mins
- Unabridged
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This book grew out of a series of letters to my daughter concerning various things - mostly about money and investing - she was not yet quite ready to hear. Since money is the single most powerful tool we have for navigating this complex world we've created, understanding it is critical.
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Misleading, heavily biased
- By Cody Peralta on 07-19-19
By: JL Collins
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12 Months to $1 Million
- How to Pick a Winning Product, Build a Real Business, and Become a Seven-Figure Entrepreneur
- By: Ryan Daniel Moran
- Narrated by: Ryan Daniel Moran
- Length: 7 hrs and 38 mins
- Unabridged
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By cutting out the noise and providing a clear and proven plan, this road map helps even brand-new entrepreneurs make decisions quickly, get their product up for sale, and launch it to a crowd that is ready and waiting to buy. This one-year plan will guide you through the three stages to your first $1 million: the Grind (months 0-4), the Growth (months 5-8), and the Gold (months 9-12). If your goal is to be a full-time entrepreneur, get ready for one chaotic, stressful, and rewarding year. If you have the guts to complete it, you will be the proud owner of a million-dollar business.
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Good, but a Little Misleading
- By Chris Love on 11-28-20
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The Millionaire Fastlane: Crack the Code to Wealth and Live Rich for a Lifetime
- By: MJ DeMarco
- Narrated by: MJ DeMarco
- Length: 12 hrs and 46 mins
- Unabridged
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Since you were old enough to hold a job, you've been hoodwinked to believe that wealth can be created by blindly trusting in the uncontrollable and unpredictable markets: the housing market, the stock market, and the job market. I call this soul-sucking, dream-stealing dogma "The Slowlane" - an impotent financial gamble that dubiously promises wealth in a wheelchair. For those who don't want a lifetime subscription to "settle-for-less", there is an alternative.
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Excellent!
- By Iray007 on 09-22-15
By: MJ DeMarco
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Millionaire Mission
- A 9-Step System to Level Up Your Finances and Build Wealth
- By: Brian Preston
- Narrated by: Brian Preston
- Length: 7 hrs and 2 mins
- Unabridged
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Story
Brian Preston, host of The Money Guy Show podcast and co-founder of Abound Wealth Management, lays out a nine-step system for building wealth with the money you already have. Millionaire Mission helps you account for your financial blind spots, overcome the fear of making wrong decisions, and take the guesswork out of what to do with your next dollar.
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Stellar performance by Brian Preston!
- By Matt B on 05-29-24
By: Brian Preston
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The Creature from Jekyll Island
- A Second Look at the Federal Reserve
- By: G. Edward Griffin
- Narrated by: Mark Bramhall
- Length: 24 hrs and 21 mins
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This classic expose of the Fed has become one of the best-selling books in its category of all time. Where does money come from? Where does it go? Who makes it? The money magician's secrets are unveiled. Here is a close look at their mirrors and smoke machines, the pulleys, cogs, and wheels that create the grand illusion called money. A boring subject? Just wait. You'll be hooked in five minutes. It reads like a detective story - which it really is, but it's all true.
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Lost confidence in author
- By Amazon Customer on 07-11-20
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Plan Your Year Like a Millionaire
- By: Rachel Rodgers
- Narrated by: Rachel Rodgers
- Length: 2 hrs
- Original Recording
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Plan Like a Millionaire is part of a riveting three-part series, and it's all about elevating your game and setting goals like a seven-figure earner. In this wealth-inspiring listening journey, Rachel reveals the secrets of how to set goals, manage time wisely, build essential support systems, break free from financial constraints, and make savvy money decisions.
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Feel Good Book, only
- By Maggie on 01-06-24
By: Rachel Rodgers
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Invisible Women
- Data Bias in a World Designed for Men
- By: Caroline Criado Perez
- Narrated by: Caroline Criado Perez
- Length: 9 hrs and 25 mins
- Unabridged
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Story
Data is fundamental to the modern world. From economic development, to healthcare, to education and public policy, we rely on numbers to allocate resources and make crucial decisions. But because so much data fails to take into account gender, treating men as the default and women as atypical, bias and discrimination are baked into our systems. And women pay tremendous costs for this bias in time, money, and often with their lives. Celebrated feminist advocate Caroline Criado Perez investigates the shocking root cause of gender inequality and research in Invisible Women.
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A statistical fire hose
- By B. Andresen on 09-11-19
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How to Day Trade for a Living
- A Beginner's Guide to Trading Tools and Tactics, Money Management, Discipline and Trading Psychology
- By: Andrew Aziz
- Narrated by: Kevin Foley
- Length: 6 hrs and 56 mins
- Unabridged
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Overall
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Performance
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Story
Very few careers can offer you the freedom, flexibility, and income that day trading does. As a day trader, you can live and work anywhere in the world. You can decide when to work and when not to work. You only answer to yourself. That is the life of the successful day trader. Many people aspire to it, but very few succeed. In the audiobook, I describe the fundamentals of day trading, explain how day trading is different from other styles of trading and investment, and elaborate on important trading strategies that many traders use every day.
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Its a sales pitch
- By Xavier Foley on 02-08-18
By: Andrew Aziz
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Six-Figure Side Hustle
- By: Rachel Rodgers
- Narrated by: Rachel Rodgers
- Length: 3 hrs and 42 mins
- Original Recording
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Rachel Rodgers, financial maven and heralded author of We Should All Be Millionaires, has created a groundbreaking new Audible Original series with Six Figure Side Hustle. In this installment of a dynamic three-part audio journey, Rachel unveils the blueprint for turning spare time into a $100,000-per-year side hustle in just three months.
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Not For YOU!
- By S. Seigel on 03-02-24
By: Rachel Rodgers
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Swing trading is a type of trading in which you hold positions in stocks or other investments over a period of time that can range from one day to a few weeks or more. If you are a beginner trader, this book will equip you with an understanding of where to start, how to start, what to expect from swing trading, and how you can develop your own strategy based on your personal goals. If you are a trader with some existing experience, this book will give you some insights on the author’s approach to swing trading, rules that I follow, and some strategies that I have used.
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In 1986, before Michael Lewis became the best-selling author of The Big Short, Moneyball, and Flash Boys, he landed a job at Salomon Brothers, one of Wall Street’s premier investment firms. During the next three years, Lewis rose from callow trainee to New York- and London-based bond salesman, raking in millions for the firm and cashing in on a modern-day gold rush. Liar’s Poker is the culmination of those heady, frenzied years - a behind-the-scenes look at a unique and turbulent time in American business.
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What listeners say about New Trader Rich Trader
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- L. Vickers
- 09-11-18
Insightful...
Allowed for a good comparison From a novice to the experienced. Pleasant journey where every chapter drops a solid pearl...
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- Singsing
- 04-28-19
Nice content and format to help new traders.
Nice content and format to help new traders build a trading system and rules for discipline.
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3 people found this helpful
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- Joe Davis
- 09-06-20
children's book for traders.
decently done. covered a lot of ideas. the story took away from the information. but over all creatively constructed.
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- Ru
- 12-29-18
Superb and invaluable
This content is invaluable to the novice trader. Even more so to the struggling trader who wishes to become consistently profitable. My only gripe is that the Chapters as read out by the narrator do not correspond with the audio book chapters menu. Otherwise superb narration.
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2 people found this helpful
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Performance
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- Phillip Towne
- 03-28-18
New Trader Basics
I've recently gotten into trading a couple months ago, I was recommend this. very helpful book. I'd recommend to those looking to learn basics from a professional trader.
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- Brett
- 01-03-23
Great listen
Awesome listen for anyone looking to get into trading. Great content and direction. Highly recommended
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- Ed Gatti
- 06-08-21
Must have for a trader
Like any other trading book out there, you won't find the holy grail to success so if this is your case I would strongly suggest you seek success outside of the markets. First, you'll have to listen past the story line of this book. Although the story is a little too forced in the sense of some rich trader just "helping" out a new trader. The message is very simple: Don't over trade, don't overload with size, use a good risk/reward method depending on your trading preferences, and overall learn from previous bad trades or trades that could have been better (in hindsight) I recommend this book for any trader whether you're experienced or new as this has some great reminders for those very little details which tend to be forgotten or overlooked, but are very detrimental to manage a good or a bad trade.
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- Anonymous User
- 05-25-20
Puts trading into perspective
started out slow, but it really lays out the groundwork required for new traders to be successful. Good starting point for perspective traders
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- @LionThoughtsOG
- 04-28-23
Simple beginner trend trading book
Great anecdotal fable, this will teach you from the mentor/student model, common pitfalls new traders have can be overcome.
Learn the simple mistakes that can be avoided.
Trend trade!
It’s the simple profitable method that works.
Journal, manage emotions.
“Trading is rocket science, find a rocket and ride it (to profits)”
New trader, Rich trader - Steve Burns
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- Benjamin Wearne
- 10-06-18
Awesome book for improving mindset of a new trader
The book is written very creatively, the new trader experiencing a wide range of emotions and making discoveries about trading. As he gains experience he keeps visiting rich trader, who gives him advice that shapes him into a successful trader. It is a very realistic approach with good information for traders with less than 2 years experience.
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1 person found this helpful