(PRWEB) May 17, 2006
Contrary to popular belief, it's been said that 90% of stock, options and futures traders lose money - and many actually go broke. The risk of loss in futures is substantial. You can lose more than your original investment.
So when a day trader manages to survive for 24 years in the market, he commands a lot of respect amongst his peers. Mike Reed is a true survivor with a phenomenal amount of guts. From today, traders around the world will welcome the release of Mike Reed's long awaited new online day trading ebook, "Read the Greed -Take the Money".
In 1979 Mike was attending a Big Ten college on a full ride baseball scholarship, and was being scouted by a number of Major League Baseball teams. However a water skiing accident abruptly ended his chances for a career in professional baseball.
But with a true winning spirit, Mike ventured into learning and then mastering one of the toughest endeavors possible - day trading of options and subsequently futures.
Experience is the greatest of teachers. Mike survived the 1987 stock market crash, was active during the "Roaring 90's", and was one of the very few who expected the 2000-2003 bear market.
For the past 24 years Mike has studied the market everyday and followed the DJIA, SP500, Nasdaq, Value Line, and Russell 2000. Through dedicated research, analysis, trial and error, and just plain old hard work, he's mastered the tools required to day trade successfully.
In fact, there is possiby no trader more qualified to know what others need to know to excel in the trading business than Mike Reed.
For the past 10 years Mike has been the author of the "RBI Trader's Updates", a nightly trading advisory that includes his outlook for the following trading day and the support and resistance levels that he will be buying and selling against. Mike also offers an intense week long "RBI Trading Camp" at which he teaches his no-nonsense approach to trading that he's developed and perfected over the last 24 years.
From today, traders around the world will welcome the release of Mike Reed's long awaited new online day trading ebook, "Read the Greed -Take the Money". It focuses on the trade entries that he has developed and has been using to make a living trading for the past 2 decades. This Ebook was written to give traders of all levels a toolbox of low risk/high reward trade setups - and to teach which trades to avoid.
Author Mike Reed says: “My 1979 accident totally changed my life. Then one day my dad brought me the Wall Street Journal, pointed out the Options page and said, 'You can make a lot of money from a little if you know what to do with those.' My interest was piqued and this began my obsession with the market! I totally enjoy day trading and now love teaching others how to cross the minefield too and how to really profit in the market.
I'm also excited at the way other very experienced traders have come forward to support the launch of my new ebook on May 16th, by offering over a hundred dollars of free bonuses.
In particular, my special thanks to US trader John Forman, author of Amazon.com Top Selling book 'The Essentials of Trading' at http://www.andurilonline.com/cmd.asp?af=386813 who has donated an audio presentation 'Identifying Day and Short-Term Trading Targets'.
Also to well respected author Jim Berg, a regular presenter at the ASX, Traders and Investment Expos. Through his website at http://www.sharetradingeducation.com Jim Berg and his business partner John Atkinson have added 8 weeks Free Trial Membership to their world famous 'Investing and Online Trading' stock market newsletter; and a copy of John's ebook '7 Secrets to Profitable Online Stock and Share Trading'. "
To find out more about Mike Reed's high caliber new ebook "Read the Greed -Take the Money" and his very special offer, go to http://tradestalker.com/x.php?adminid=1763&id=10903&pid=11464
Sharetradingeducation.com is the home of the ‘Investing & Online Trading’ stock market newsletter and trading tools to help traders grow their trading capital and retire early in comfort.