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The Traders Book Club

Cover of The Financial Spread Betting Handbook, 2nd edition by Malcolm Pryor This new edition of Malcolm Pryor?s original spread betting bestseller not only takes account of recent market changes, but also adds four further years of trading experience ? making it, says Harriman House, the premier guide for beginner and intermediate spread bettors.

Not shying away from the dangers and frustrations all spread bettors will face at different times, Pryor has organised his book around the metaphor of mountaineers setting out to climb a mountain.

This sees the book divided into three parts.

?Base Camp? is all about making sure you don?t try to get to the top of Everest armed with nothing more than a pair of Nikes and invincible self-belief. Pryor reveals the secrets behind choosing the right firm, the best software and hardware, and avoiding the most devastating mistakes.

In ?Climbing the Mountain?, Pryor takes on the role of spread betting sherpa ? explaining the ins and outs of putting together effective strategies, with numerous examples for readers take away and adapt.

Finally, ?The Route to the Summit? is is all about trading techniques: matching strategy to your personality; staying in control; keeping records; and giving yourself regular reviews. Most especially, it?s about risk management ? the means of protecting yourself against the abominable snowmen of the spread betting world.

It rounds out a leading guide to trading that well justifies its second edition.

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