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    From A Beach Somewhere
    From A Beach Somewhere
    From A Beach Somewhere
    Ebook102 pages1 hour

    From A Beach Somewhere

    By David Sell

    ()

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    About this ebook

    When I explained one of my more complex recent trading events (see Dart Mining examples throughout this book) to one of my co-workers (no, we don’t work in the financial sector), he said:
    “Wow! Most people have a hobby that costs them money, usually a lot of money. You have one that actually makes you money. That’s cool!”
    Way cool.

    Yes
    Yes, there are the tales about the time traveller Andrew Carlssin using the stock market to turn $800 into $350 million in a very short time. (Google it. Nothing about it sounds true. It reads like something entirely made up – especially the time travel bit, although I thought that was quite funny).
    This is not that story.
    There is the story (and movie, and expensive workshops, and...) of the Wolf of Wall Street.
    This is not that story.
    This is my story. It is entirely true and it is entirely successful. It may lead to your story.
    This is the story of what I have learned while teaching myself about the stock market. I acknowledge right now that I still have much to learn, but what I have learnt so far is extremely useful.
    The market neither knows nor cares about who you are... not your sexuality, not your race, not your religion, nothing. So the only roadblock to getting started is you.
    Would I have bought this book when I started out? Yes. It is exactly what I had been looking for.
    From A Beach Somewhere will take you through the entire process, from the very beginning, and include actual trading as it happens, and will give you the confidence to have a go yourself.
    Warning: If you are after a "get rich quick" scheme, this is not the book for you. This is about increasing your wealth, and doing it your way,.
    Another warning: From A Beach Somewhere exclusively uses Australian conditions and dates and the Australian Securities Exchange for all of its examples. If you cannot deal with that then please don't spend your money on this book. If you can adapt the rules across to your local market (and yes, the rules and examples do adapt across), then this book will bring benefits well beyond the price tag.
    One final warning: this book uses the internet for banking and share purchases and sales. If you are not comfortable using the internet for financial transactions I respectfully suggest you don't buy this book.

    LanguageEnglish
    PublisherDavid Sell
    Release dateMar 26, 2018
    ISBN9781370671410
    From A Beach Somewhere
    Author

    David Sell

    I am a husband and father to a wonderful family. I know some of the best spots in the world - including a few fantastic spots for writers. When I travel, I like to get under the skin of the place I am visiting and to see and experience what the ordinary traveller misses. I love photography and have used that a lot as a freelance journalist. I am also a marketing and communications professional with decades of experience. My major marketing influence is Jay Abraham, a truly remarkable man. I train writers, business people, and communications students.

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      Book preview

      From A Beach Somewhere - David Sell

      From A Beach Somewhere

      Trading on the Stock Market for Fun and Profit

      By David Sell

      Smashwords Edition

      License Notes

      This ebook is licensed for your personal enjoyment and empowerment only. This ebook may not be given away or sold to other people. If you would like to share this book with another person, please purchase an additional copy for each recipient. If you’re reading this book and did not purchase it, or it was not purchased for your use only, then please return to Smashwords.com and purchase your own copy. Thank you for respecting the hard work of this author.

      * * * *

      What’s Inside

      Disclaimer

      Wealth, Health and Mental Health

      Introduction

      From A Beach Somewhere – The Beginning

      Shares, Shareholders, Brokers

      Capital and Tax

      Risky Business

      Getting Real

      Getting Started

      What We Have Learnt So Far

      Faster… Faster!

      It’s Sale Time

      Broker Fees and Money

      Deeper Research

      More Equals More

      Crisis? What Crisis?

      A Last Word or Two

      Resources

      About the Author

      DISCLAIMER

      This book is a guide; it cannot hope to take into account your circumstances, your goals, your hopes, your dreams. It also cannot hope to predict the movements of the stock market as a whole, or of individual stocks and shares.

      I am not a financial advisor, and the ideas expressed in this book are those that I have learned through experience.

      I do not get paid for any recommendations given or ideas espoused in this book, I make my money from my day job (not in the financial sector) and my share market trading.

      If you are in any doubt, it is important that you seek professional financial advice BEFORE you undertake any investment decisions.

      Investing in the stock market is a risk, and that risk is entirely yours – whether you seek professional advice or rely on your own resources, the risk is entirely yours. So my advice is: Do not invest more than you are willing to lose, or more than you can explain to your significant other without having to explain to an ER nurse why there is a saucepan-shaped dent in your head.

      A quick note about wealth…

      Money will not make you happy (it can’t). Money can give you choices that you might not otherwise have had. What you do with those choices can raise your overall level of happiness. However, deciding to just be happy and enjoy the investing experience may save you (increasingly expensive) trips to the doctor to seek cures for anxiety, ulcers, etc.

      A quick note about health…

      Look after yourself. You are the only you you get. Don’t make important investment decisions when you are not at your best (drinking, stoned, fatigued, too ill to make good decisions). Rather than regret a choice and have to figure out a fix or a solution, leave those decisions until you are back on top of your game. Don’t panic. There are new opportunities tomorrow.

      A quick note about mental health…

      Take personal responsibility for the investment decisions you make. Do not invest more than you are willing to completely lose. If you do lose, take it in your stride. You didn’t lose because you had a shitty childhood, or because the neighbour ran over your cat when you were seven, for any other reason. You lost because the market turned against you – and that doesn’t make it the market’s fault either. Do not beat yourself (or anyone else) up about it. Adjust your plan and keep moving on. Losing happens; winners know how to deal with it. Winning happens; winners learn how to keep the wins coming while minimising the damage when a loss does come along.

      Back to the top

      INTRODUCTION

      When I explained one of my more complex recent trading events (see Dart Mining examples throughout this book) to one of my co-workers (no, we don’t work in the financial sector), he said:

      Wow! Most people have a hobby that costs them money, usually a lot of money. You have one that actually makes you money. That’s cool!

      Way cool.

      Yes

      Yes, there are the tales about the time traveller Andrew Carlssin using the stock market to turn $800 into $350 million in a very short time. (Google it. Nothing about it sounds true. It reads like something entirely made up – especially the time travel bit, although I thought that was quite funny).

      This is not that story.

      There is the story (and movie, and expensive workshops, and…) of the Wolf of Wall Street.

      This is not that story.

      This is my story. It is entirely true and it is entirely successful. It may lead to your story.

      This is the story of what I have learned while teaching myself about the stock market. I acknowledge right now that I still have much to learn, but what I have learnt so far is extremely useful.

      Would I have bought this book when I started out? Yes. It is exactly what I had been looking for.

      Back to the top

      FROM A BEACH SOMEWHERE

      What have I learned from two years of messing about trading on the share market? When you combine it with the books I have read over that same time, a whole lot.

      I have learnt that I can significantly outperform the market. I have learnt that I can notice how much the market, as a whole, moves, but that the market’s overall movement has no real influence on my investment decisions. I have learnt that I can do a little victory dance quite often. But wait a minute, let’s go back… back to the beginning and see how I got here.

      The first thing I learnt was that I had a long-term goal. I have given myself 10 years from now (the writing of this book – September 2017) to master this game (yes, I consider it to be a game). Then I want to retire comfortably. Yes, I will still do a bit of messing about on the stock market after that, but I am giving myself 10 years to set myself up and have generated a comfortable, self-sustaining income – comfortable enough that I can find some isolated beach somewhere and kick back for a long, long time.

      To achieve this I am combining the roles of trader and investor. As a trader I will look to be continually turning my shares over, buying and selling to increase my wealth. As an investor, I will use that increased wealth to buy shares that I don’t intend to sell, shares that will generate me an ongoing income.

      By the way, for me, retirement means: being able to do what I want to do rather than what I have to do. And that is reflected in the

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