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Preface

Preface
The purpose of this book is to help people learn how to become successful as traders and active investors. Designed with both the novice and the professional in mind, it is chock full of useful information for traders at every level. With the major changes in the stock market and all the confusion and misinformation that have surrounded it recently, this book offers essential advice for thriving in this field, even in adverse conditions. There are multitudes of people out there (perhaps you are one of them) who have lost a great deal of money and have no idea what they should do now. The solution is not to panic; the solution is to become educated in the new dynamics of today’s market.
Part I begins with an analysis of the great stock market meltdown that had serious ramifications for the world economy in 2008. We demonstrate that traders who did not have a robust trading system in place were not equipped to handle the volatility of the markets. We explore the various causes of the crisis in some detail, delving into the financial history that led up to it.

  

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