The Currency Trader’s Handbook: Strategies For Forex Success
$11.83
| Author(s) | |
|---|---|
| Pages |
107 |
| Format |
|
| Published Date |
2006 |
The Currency Trader’s Handbook: Strategies For Forex Success is the first published form of Rob Booker’s ebooks on currency trading. Included are money management strategies, trading systems, and a focus on how to develop the mental toughness to profit in the world’s most volatile trading environment.
Author’s Introduction:
The question people ask me most often is, not surprisingly, “Can I be successful at this?” Mostly, they ask me the question after a devastating loss. It’s a natural time to ask the question, but it’s a horrible time to answer it yourself. Why? Because you can be successful, and every time you start to feel depressed about losing, you stop believing in yourself. If you stop believing in yourself, you stop working as hard, and if you stop working as hard, you start to make more mistakes, and a vicious cycle begins.
Losses bring depression which brings more losses, and then before you know it you’ve lost your entire first account. You don’t have to trade that way. There is a better way to trade. I trade currency for a living, and so can you. Maybe it will take you more than a year to become successful. Maybe more. But you can do it. You don’t have to be better than most people at math. You don’t have to score high on an IQ test. You don’t have to be the smartest person you know. You just have to be disciplined.
Contents:
- Come Into My Trading Bathroom
- Strategy:10
- The Role of Confidence
- Dr. Spock on Trading
- The Woodchuck and the Possum
- The Miracle of Discipline
- The 10 Rules of Trading
- Oh, Crap! I Lost All My Money!
- 5/13/62
- Why I Teach
The Currency Trader's Handbook: Strategies For Forex Success By Rob Booker pdf
12 reviews for The Currency Trader’s Handbook: Strategies For Forex Success
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Elaine Weaver (verified owner) –
If you like forex or make a living from it, take some time to read this book. It was born as the classic with which we should all start
Kenneth Archer (verified owner) –
I am very happy to have purchased, read and applied the techniques given in this book. It has saved my forex trading career.
Kataleya Chang (verified owner) –
i am forex trader and i know that working with technical strategies as important as you follow them . decipline is the most important thing in financial markets.
thanks rob.
Finnegan Winters (verified owner) –
I think Rob has hit the nail on the head with this one. It’s simple, easy to understand, and entertaining too. What’s not to like about it? It’s great.
Ellen Mack (verified owner) –
I have traded many different markets, and find the forex market to give the best opportunities. So I highly recommend Rob’s book. He is big on conserving your capital and having a tested strategy… it won’t appeal to you if you just want to gamble forex…. BUT if you are really serious about learning, or just want to add more strategies to your porfolio then I would recommend buying this book and reading it a few times. I quite enjoyed the chapter on Strategy 10… simple, but effective.
The book is well worth the money, and I have paid for it many times over due to Rob’s help.
Good Trades,
Kadence Robbins (verified owner) –
A must read for all serious traders. This single book on trading has turned me around and has made me into the trader I always knew I could be with the right advice from a brilliant mentor.
Arya Drake (verified owner) –
This booklet is about “be disciplined” and take away emotions, from the beginning to the end.
“Strategies for forex success” is written on the front cover. “Be disciplined”, avoid fear, greed etc. must be the strategies in question.
The so-called strategy 10 just means: take 10 pips profit and run! How great! In total, there is 1 technical strategy involving classic moving averages.
If you trade on emotions or are completely new to trading in general, then this book may help, but many books already do include these “be disciplined” and other comments.
One star to balance the other 5 stars reviews.
Jalen Long (verified owner) –
you will get lots of joks and little wisdom, but nothing more. what he call “strategy” is very poor but if you want more, go to his website and subscrib; this is his message. I hope you can find something more and if you do, please write it here to us. go to the internet and watch him talking and joking; if this is what you are looking for, go ahead and buy the book and even subscribe to his “service”. I will never read for him any more. good luck
Jade Hoover (verified owner) –
The mindset, discipline and perseverance that trader requires are the elements that Rob tries to convey to us in his books.
The focus of the different stages and processes are essential for excellent trading.
Thank you Rob
Ari Moody (verified owner) –
Average
Elisabeth Wheeler (verified owner) –
This book or booklet is a valuable guide if you are on your first steps in learning how to become a Foreigh Exchange or currency trader. Note this book won’t teach you the in depth way to trade but will guide you so that your expectations are realistic, you won’t get discouraged, and hopefully inspire you to “paper trade” initially until you have developed your own trading system that consistently is profitable for you. I would suggest reading the author’s other book…Adventures of a Currency Trader. That was a good light read and probably mimics what a lot of people initially do when they decide they want to currency trade.
Esteban Fisher (verified owner) –
As I red the book I decided to give 2 star to it, but after visiting rob’s site and trying to contact him … I would give 1 star.
I decided to stay with my first idea, so: 2 star, but I’d warn to have a look to the author’s blog and web site to make a picture of what you could find inside the book (not a lot).
This is what I found: the book is too much focused on mental attitude and author’s past experiences (not only on trading); you could like if you want just something to read, but not if you think you’re a balanced person and you’re just looking for trading strategies, not psyco-help.
as far currecnies are concerned: there’s only 1 strategy explained… and it is not enough to me to name this book a “handbook”!
I thought the author was a kind of trading-freak, but when I contacted him via mail.. he didn’t seem to have the same humor he showed on his book.
I think this whole little book is just a big advertisement; if you’re interested in currencies-trading-strategies: search elsewhere.