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Great books for 08, by Dominic Picarda

“The 1st edition of The Naked Trader – which detailed Robbie’s favourite money-making strategies – was a smash-hit. This updated 2nd edition seems to have all the ingredients that contributed to that success. As an introduction to the world of shares, it is both practical and humorous. The book covers an impressive amount of ground, from the basics of setting up as a trader, to the meat of strategies and psychology, and plenty of honest examples of where things have gone wrong. The section on spread betting is one of the better potted summaries of this activity that I’ve read, especially the albeit-brief references to when providers don’t play fair. The balance between theory and real-life experiences is pretty much spot on throughout. Thanks to the nicely sliced and diced sections – and generous use of charts, boxes, and graphics – it always feels like an easy read. As an introduction to the world of shares, The Naked Trader scores highly. If you’ve been in the market for a while, this book will probably be of little use to you. But it would make a very worthwhile present for the equities virgin.”

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