ForeX Trading For Maximum Profit: The Best Kept Secret Off Wall Street Download Free (EPUB, PDF)
Take an in-depth, how-to look at Forex trading using the methods, analysis, and insights of a renowned trader, Raghee Horner. As the fate of the dollar against foreign currency generates both anxiety and opportunities, currency trading has been drawing much interest and a growing following among traders in the United States. The Forex market is particularly attractive because it trades with no gaps and has unlimited guaranteed stop-losses. The liquidity of the Forex market and worldwide participation makes for more reliable and longer lasting trends as well. Raghee Horner, legendary not only as a top Forex trader but as a master teacher of trading systems and techniques, draws on her winning tools and methods, including classic charting techniques, in this book. She'll enable you, regardless of your skill level as a trader or investor, to understand how the Forex operates and lays out a blueprint for getting starting in this little-understood but high-potential trading vehicle.
Hardcover: 216 pages
Publisher: Wiley; Har/CD-ROM edition (December 27, 2004)
Language: English
ISBN-10: 0471710326
ISBN-13: 978-0471710325
Product Dimensions: 7.8 x 0.8 x 9.6 inches
Shipping Weight: 1.3 pounds (View shipping rates and policies)
Average Customer Review: 3.1 out of 5 stars See all reviews (75 customer reviews)
Best Sellers Rank: #613,190 in Books (See Top 100 in Books) #218 in Books > Business & Money > International > Foreign Exchange #506 in Books > Textbooks > Business & Finance > Investments & Securities #4176 in Books > Textbooks > Business & Finance > Economics
Okay, first some background: I am new to trading forex but have been trading stocks and options for over 5 years. Aspects of the forex market are very intriguing (24 hour trading, a small 'universe' of currencies to watch vs. thousands of stocks/options, leverage, etc.) so I was looking for a book that would tell me more about the forex market and provide a good foundation to trade successfully.Let me state from the outset that the editing indeed leaves much to be desired. Typos, letters or spaces left out and smallish charts that forces one to bring out a magnifying glass at times. But none of this has anything to do with the value of the content of the book. Anyone dismissing this book simply due to editing are 'missing the forest for the trees,' as the saying goes. But the minor editing blunders are unfortunate and are the reason for only 4 stars instead of 5.Content pros: a) Very bite-sized chapters help encapsulate topics nicely. You can focus on one thing at a time to insure that you 'get it' before moving on. And everything builds upon the preceding chapters fairly smoothly, so it works. b) True to her premise, this is NOT another missive on all the possible technical indicators available to use. (If you want that, I suggest Murphy's tome on Technical Analysis.) Instead, she is clearly outlining some of the key tools that she uses to trade forex and provides adequate reasoning for her choices. She does not dismiss other indicators as not being useful - she simply seems to have found that following a simple system with these tools works for her. And I would have to agree that it is easy to become bogged down in 'indicator paralysis' and I find her simplicity refreshing.
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