The Paranoid Trader by Sarel Oberholster

The Paranoid Trader

By Sarel Oberholster

The Paranoid Trader: An unapologetic strategy guide to retail trading. (Retail Trader Guides) on Amazon

My Fellow Retail Traders,

I know the loneliness of a retail trader facing almost life-and-death financial decisions. I know the adrenaline kick of a spectacular trade. I also know the despair of a losing trade and being faced with the question, should I close and live for another day or should I hang in there and wait for a rebound? I know the self destructive thoughts of "if only" when I had made a loss and the depression of feeling like a hopeless loser. Somehow the wins never feel as good as the losses feel so horribly bad.

This little coffee table strategy guide to retail trading addresses the challenges any retail trader will face when they trade on almost any market, be it shares or commodities, bonds or crypto, anything which trades on any digital platforms. Trading leveraged trades, any form of 10% (or more or less) down trades are exponentially more dangerous.

This pocket book is not about spoon feeding you a strategy. No one but yourself can develop a strategy which is suited to your own personality and individuality. This book is a trader companion book. It is there to remind you of the need to have a defensive strategy in a market where the retail trader is like a chicken, everybody's prey. It shows you the market predatory practices and reminds you about the risks you face from your own emotions. Old-timers know that elation about a recent winning trade combined with arrogant self-confidence is a recipe for a trading disaster. They also know that we seem to walk into that trap more than once. It hurts every time.

This little book will be with you all the way. It does not talk back and does not judge. It knows that losing is inevitable but it also knows winning is possible. It will celebrate your wins with you while reminding you that in trading your biggest danger is when you are dishonest with yourself. Trading is a lonely game. Its good to have a friend. 

No retail traders should be without it. You should also keep it close and refer to it, if only just to reread the index, before you open any new trades. Trade safely and be at your winning best.

Warm regards,

Sarel J Oberholster