Welcome to My Trading Room, Volume I: Basics to Trading Global Shares, Futures, and Forex - Foundation of Trading - Paperback

by Jacques Magliolo (Author)

This first volume builds a foundation of knowledge in a comprehensive body of literature on trading-to prepare novices to become professional traders. This book starts with the absolute basics of stock markets as a precursor to more advanced global trading methods in the next two volumes. The aim is to set out to demystify the myths about stock markets, and ultimately remove the enigma that has been bestowed on the industry. The author includes an overview of how stockbroking works, establishing the link between the various departments and how these interact. Novice traders will find sections on Wall Street rules, age-old axioms and how to avoid common pitfalls and mistakes interesting and also a warning that trading is not a game. The latter section includes an outline of portfolio management theory and practice.

Author Biography

Jacques Magliolo is an economist, corporate advisor to multinationals, and an international best-selling author of 18 books, including five university MBA textbooks. Jacques holds a masters degree in economics and is currently completing his PhD in economics. He is a specialist in undertaking highly technical economic due diligences and research and feasibility studies on extremely complex industries, such as mining, defense force, aviation, astrophysics, chemical, and mineral and water-related industries. Jacques has been an investment and corporate strategist since 1987. He started his career at the Financial Mail, before being headhunted into stockbroking. His career path culminated in being a director, strategist, and head of research for stockbrokers Global Capital Securities. His experience thus includes stockbroking, business development, and corporate strategy. For 19 years, he has run his own consultancy, focusing on preparing entrepreneurs for expedited growth by restructuring their companies, raising capital, or listing on an international exchange. Today, Jacques lives in Cape Town, South Africa.