Download or read book MY PERSONAL FOREX EXPERIENCE written by D. (D.S.H) and published by Osmora Incorporated. This book was released on 2014-09-11 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is based on personal experience, sleepless nights, frustration and information I wish someone had told me when I first started trading forex. I was the most naive Forex Trader ever. I listened to everything my Forex Broker said. I attended every training session, I learned everything about Candle Sticks, RSI Lines, Parabolic, Ichimoku etc, if they said it would help I was there. My broker said trading forex is an easy transaction where if the Market goes Up you Buy and if it goes Down you Sell (Theoretically it does, as long as you know what you doing). He also said the market is always right. Not true. In every Financial transaction there is always a Winner and a Loser. People are mis-informed about the realities of the Financial Market. When I first started trading forex I always ended up being the loser. This book will help you improve your trading exeprience , you will have more winning results, teach you about indicators not signals that are on your MT4 platform which no-one tells you about but are really helpful. This book will also assist you in turning a losing trade into a winning one or at least break-even. Hope you find this book informative and it helps you avoid the costly mistakes I have made.

Download or read book FX Insider written by brad gilbert and published by BalboaPress. This book was released on 2012-08-21 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: There are plenty of books out there proclaiming to “tell all” or to “reveal the secrets” to foreign exchange (or forex) trading. There are plenty of “gurus” offering advice and suggestions on how to trade the market successfully. But how many of these people have any real industry experience in trading foreign exchange? Not many, I can tell you that right now. I’m Bradley Gilbert, and I worked on the front line for eighteen years at some of the biggest investment banks in the world—and I made over $70 million in that time. Do I have your attention yet? So, if you really want to make money trading FX, follow me! This book has been written to give you, the retail trader, a real and practical guide to trading the forex markets. Based on my own personal experiences, incorporating the same skills and strategies used by commercial interbank traders and hedge funds, I can help you up your game in the markets. Believe me, running with the “big dogs” is a lot more fun and a lot more rewarding than running against them—and understanding this is a key part to your future success. Once you have completed the book, you’ll feel more like you’re a part of the market instead of a random speculator. Seeing the market through a new set of eyes will help you to take advantage of the many opportunities the market presents day after day, week after week. Good luck and happy trading!

Download or read book What You Need to Know Before Trading Forex and Stocks Industry Secrets Revealed written by Matthew Cheung and published by . This book was released on 2019-11-06 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: This booklet is an introduction to what you need to know before trading Forex and Stocks - industry secrets revealed. It is an introduction for those who have no pre-existing knowledge of the infrastructure of the financial market and how they can prevent themselves from being a victim of common unethical scams. It will give you an insight into the correct approach to investing, and how you can become a passive or active investor. After completing this booklet, you should be able to:1. Understand how saving doesn't protect you from the rising costs of goods and services (consumer price index, CPI) 2. Understand subjectivity of risk and the misconception that risk is equal for all levels of participants of the financial market. 3. Recognise how the current pension system is failing to meet the needs of retirement for the majority of U.K citizens. 4. Understand what passive investing entails, and the historical returns of benchmark investing. 5. Compare the future outcomes of various savings and investment returns based on assumptions of historical data. 6. Understand the structure of the financial market, where the Exchanges, Investment Banks, Retail Brokers, Hedge Funds, Mutual Funds, Educators and Retail Traders all fit together. 7. Breakdown exactly how a retail brokerage makes revenue, and their inherent conflicts of interest with their retail trading clients.8. Ability to spot the "red-flags" of unethical, shady, and misinformation-providers of the retail industry.9. Outline the "Global-macro" approach, risk, return and outcome of professional investment and trading.10. Differentiate between "smart" and "dumb" money participants. 11. Understand the basic concept of systematic trading for Asset Management job roles and to manage your personal portfolio. Learn through LITA by Logikfx.

Download or read book Forex Revolution written by Peter Rosenstreich and published by FT Press. This book was released on 2005-06-02 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: "For many investors, an intense, 24-hour-a-day, $1.5 trillion roller-coaster of a market spells "danger"; for readers of Forex Revolution, the word is "opportunity." –Michael J. Panzner, vice president, Rabo Securities USA, Inc., and author of The New Laws of the Stock Market Jungle "The author possesses an uncommon ability to describe a difficult and rapidly changing marketplace as if seen through a beginner's eyes. A most useful book for anyone that might not have been paying attention these past five years as the market reinvented itself." –Brentin C. Elam, director, Northcoast Asset Management, LLC Foreign currency exchange–"Forex"–is today's #1 new investment opportunity. Revolutions in technology, regulation, and globalization have made Forex trading accessible to every active investor. Only one thing has been missing: An objective, clear "user's guide" to Forex trading. Now it's here–and it's in your hands. Simply and clearly, Forex Revolution reveals everything you need to know to trade Forex hands-on–from fundamental and technical trading strategies to the unyielding discipline that's essential to success. In this book, Peter Rosenstreich brings together insider techniques from all over the industry: Traders, banks, Forex firms, even the National Futures Association. You'll find expert guidance on everything from handling 24/7 markets to profiting from the emergence of China. Unlike other books, Forex Revolution doesn't require you to subscribe to costly services or purchase expensive tools. Whether you're an individual investor or a money manager new to Forex, this book gives you all you need: Facts, techniques, resources and–above all–the insider's edge. Why Forex has become your #1 profit opportunity How the currency markets became indispensable to the active investor Meet the players, markets, tools, portals, and platforms Everything you should know before you get started Choose the right FX investments Understand currency futures, options, swaps, and more Master both fundamental and technical trading strategies and discover why you need to know both Gut check: What it takes to win in the Forex markets Develop the discipline you need to succeed Foreign Exchange Trading: Today's #1 Opportunity for Explosive Profits! The practical, hands-on Forex trading guide for individual investors No costly subscriptions or expensive tools needed Delivers unbiased, up-to-the-minute techniques you can start profiting from today Covers everything from trading rules to fundamental and technical strategies Realistically assesses risks and pitfalls–and shows how to avoid or mitigate them Forex Isn't Just the World's Biggest Market–It's Your #1 Profit Opportunity! Every day, more than $1.5 trillion in currency trades are executed. That dwarfs the daily volume of the NYSE, NASDAQ, FTSE, DAX, and Tokyo Nikkei–combined! Today's growing currency volatility has made Forex the place to earn huge profits. Think Forex is just for secretive financiers and central bankers? Not any more! The rules have changed, and this book shows you exactly how to get in on the action. No other book offers as much unbiased, practical, how-to guidance for trading from Forex. Peter Rosenstreich doesn't just present his own techniques–he reveals never-before-published tips and techniques from traders throughout the industry. Above all, Mr. Rosenstreich tells you the whole truth: How currency markets work, how to trade, what the risks are, what to do about them...and what it really takes to win. © Copyright Pearson Education. All rights reserved.

Download or read book How to Make a Living Trading Foreign Exchange written by Courtney Smith and published by John Wiley & Sons. This book was released on 2010-02-02 with total page 215 pages. Available in PDF, EPUB and Kindle. Book excerpt: Solid Forex strategies for capturing profits in today's volatile markets How to Make a Living Trading Foreign Exchange puts the world of Forex at your fingertips. Author Courtney Smith begins with an introduction to the Forex market-what it is and how it works. He then delves into six moneymaking techniques for trading Forex, including his unique Rejection Rule that doubles the profit of basic channel breakout systems. In addition to two specific methods for exiting positions at critical levels, Smith also discusses powerful risk management techniques and successful trading psychology strategies that will keep you one step ahead of the game. Reveals the secrets of the Forex market and how to create a lifetime of income trading it Offers advice on maximizing profits during the volatile swings that have increasingly become the norm Other titles by Smith: Option Strategies, Third Edition, Seasonal Charts For Futures Traders, Commodity Spreads, and Profits Through Seasonal Trading Make more from today's Forex market with How to Make a Living Trading Foreign Exchange.

Download or read book Forex Trading for Newbies Shocking Behind the Scenes Secrets and Weird But Profitable Tricks to Easy Forex Millionaire written by Trader X and published by CreateSpace. This book was released on 2014-11-01 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt: Who else would like to experience the Ultimate shortcut to fast, unbelievable profits with Forex? Unstoppable, easy to use, cashoola rich secret tactics, to blow your broker out of the water and make you drenched with Forex profits. BUT... you know the feeling of compete desperation and misery that comes on you when you lose the next account BECAUSE... Whatever that BECAUSE, has to do with, it shows your naked spots. You are not understanding exactly what is going on, and losing your pants and underwear to your happy, so ever helpful broker. Before you go ahead and lose account number who knows what (you probably stopped counting by now, but wait till the wife/girlfriend finds out) STOP... Seriously, this book will show you the way to the pot of gold and more, but you have to read it first. Your broker will not spend the energy to tell you the real truth why you are losing the ... account, so I have to do it... Honesty, I am taking the risk to be crucified here, instead of your broker, but hay, I will take the risk, so possibly your account will live and not die. Or in case your wife finds out about your losing accounts, this information will spare your life. And you know what; all this is not your fault... You have been lied to, given all kind of fake promises, taken for granted and left to die in your Forex career...HAHA you wish I will go down this road, lick your wounds and blame it all on the world economy, "the green house effect," the moon approaching the earth faster than a bullet or whatever, but I won't. The reality is that you will probably not listen to me, but may be, you are one of those really smart change embracing people, that will stop the bleeding in its tracks right now and will take a hold of the hard coarse chunks of truth and challenging realities I am throwing in your lap. See, it was not too long ago, not that long, so I can forget it (although it seems like eternity ago, really I am not looking forward to remembering that part of my trading life), I was in your shoes, opening $50 accounts eating all the high pitched presentations and webinars, dreaming of living on my own island and drinking all day from something that required a small umbrella on top...turquoise blue beaches and trading from the stern of my private yacht. Gladly, I woke up from that dream and realized that, the $50 accounts will not cut it( it will actually cut you up to pieces) I've heard of a guy that regularity brings in 25-30 k a month doing only a couple of large trades a week...(that's right this is not a typo) Now this guy, was not your regular high pitched guru, in a matter of fact he was known to have only few friends and lived a low-key quiet life. Luckily, he lived in my city. I was having a casual talk with a friend over a beer and he mentioned, he was playing golf with this guy, that quote, "was smashing it pulling thousands of dollars from the Forex marker..." Now you know, that as soon as I heard that my ears perked, my hart started pumping so fast I could hear it drumming in my chest. Palms sweating with my tongue clinched to the roof of my mouth, I grabbed my friend and made him repeat that sentence again. My friend gave me the look that you normally would give a crazy maniac coming around the corner trying to choke you. After several attempts I convinced my friend to arrange for me to meet that guy. For familiar reasons we will call him Mr X. Now, this Mr X was not interested in anyway whatsoever in being my mentor or teaching me any of his trading methods or systems. In fact he considered trading to be rather a boring task, see, Mr. X has been doing it soooo long, it has become like automatic reaction for him. After much casual conversations, I finally was able to talk Mr X in giving me a couple of Forex lessons, if I could call a half hour over at the restaurant a lesson. The most amazing thing was, that everything he taught me was so different and strange compared to all the common gurus and brokers..

Download or read book Growing the Money Tree written by John Svazic and published by . This book was released on 2013-05 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: "It's about time a book about investing and foreign exchange is honest with its readers. Most books on the market today, be they about stocks, commodities, foreign exchange (Forex) or just investing in general - often lead the reader to believe that in a few short steps they to can make millions with little-to-no effort. Unfortunately this is rarely true but the true crime is the lack of goal setting within the pages of these other books. Growing The Money Tree is different - it does not aim to make the reader a millionaire, but rather shows them why they don't need to be a millionaire to be happy. Financial freedom is a lot closer than people may realize and Growing The Money Tree aspires to show the reader how close they really are. Growing The Money Tree covers budgeting, goal setting, income analysis, a gentle introduction to the Forex market and the author's own tale of how he started trading the Forex, his trials and tribulations and how he came to understand the concept of growing my own money tree. The book includes some trading strategies that the author has developed over the years using a form of artificial intelligence known as genetic algorithms for those interested in a more advanced approach. The book wasn't written to make millionaires, it was written to share the author's experiences from trading the Forex over the past 12 years in order to show that through diversification and some simple money management, people can find financial freedom much sooner. Some testimonials the book has received include: "I'm not an experienced trader, but this book has a very interesting approach to teaching you about Forex trading, especially if you're into programming. I loved how the author first goes through a 20-day trading example instead of just showing you how to read charts and interpret indicators from them, to later go through the idea of using Genetic Algorithms to automate trading. He even gives an example using code to better understand these types of algorithms. Apart from that, he doesn't try to sell you anything, and reminds you that you should never invest everything into a single thing (ie. diversify your money ), finally telling you a little bit about how he began trading and what rookie mistakes you should avoid. Definitely worth a read." -- Ian M. "Growing the Money Tree is more than a book about FOREX. It's an introduction to investing in your financial future. As a new FOREX investor, I appreciated the well rounded approach, though there are other books that go deeper into specific subjects. I liked the melding of the FOREX market and algorithmic trading which I have not seen in other books. I did feel that the book had a Canadian perspective, though that did not interfere with the contents of the book. I especially liked the 20 Days of Trading which confirmed I was on the right track with my own experiences." -- Scott S. By reading Growing The Money Tree today, you get one step closer to realizing your own financial freedom by coming to terms with how close it actually is. The dream of vast wealth is still an amicable one, but finding happiness by breaking the work cycle can be found before this wealth is achieved. Growing The Money Tree is not a get-rich-quick scheme nor does it promise vast amounts of wealth. Instead it focuses on coming to terms with monthly expenses, investment diversification, foreign exchange trading and a touch of artificial intelligence for the curious. By including a few chapters about the author's own personal journey he offers an insight to those who are new to the idea of taking control of their investments and help them avoid the trials he faced himself, both financially and psychologically, over the past 12 years. Happy growing "

Download or read book High Probability Trading Strategies written by Robert C. Miner and published by John Wiley & Sons. This book was released on 2008-10-20 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: In High Probability Trading Strategies, author and well-known trading educator Robert Miner skillfully outlines every aspect of a practical trading plan–from entry to exit–that he has developed over the course of his distinguished twenty-plus-year career. The result is a complete approach to trading that will allow you to trade confidently in a variety of markets and time frames. Written with the serious trader in mind, this reliable resource details a proven approach to analyzing market behavior, identifying profitable trade setups, and executing and managing trades–from entry to exit.

Download or read book Forex Trading The Basics Explained in Simple Terms written by Jim Brown and published by Jim Brown. This book was released on 2020-08-14 with total page 71 pages. Available in PDF, EPUB and Kindle. Book excerpt: All three of Jim's FOREX books consistently rank as BEST SELLERS and there is a very good reason for this. It's not just a book! At no extra cost (or on-costs) Jim shares with his readers: - His custom indicators for the MT4/MT5 MetaTrader platforms and more recently TradingView, as a download package at the end of the book. - An invitation to join his free JAGfx Facebook Group with over 6,000 members (both new and experienced Forex Traders contributing) and/or Telegram Group. - Daily interaction in his Facebook Group. - He calls his trades live, shares his results AND records regular trade analysis videos. - His contact details if you require further clarification. Jim, from Queensland Australia, is a full-time Forex Trader, currently residing in Vietnam. His knowledge of currency trading has evolved from the old fashioned manual charting when he first started in 2002, to trading on multiple screens and entering the arena of automated trading. During this time, he has developed and shared many trading systems for free, and assisted many new traders through various blogs and forum participation. This book is for those of you who are just starting to consider trading Forex but don’t know where to start, given the abundance of information on the internet. It is a good first book to read, to gain an understanding of the very basics. As an added Bonus, Jim offers one of his Trading Systems, as well as the indicators without any further cost to his readers. Check out his YouTube videos, chat with him on Facebook or in Telegram - he's an approachable guy who is passionate about trading. Jim's books in order of release Forex Trading The Basics Explained in Simple Terms MT4/5 & TradingView High Probability Forex Trading Method Trading Forex with Divergence on MT4/MT5 & TradingView Jim has been Featured on: Desire to Trade Podcast with Etienne Crete Trading Nuts Podcast with Cam Hawkins Editorial Reviews As the title indicates, this book is oriented toward giving beginners the basics. The author is a self-taught forex trader who became intrigued by currency exchange and its profits at a private gathering for stock traders. The text stands out for Brown's clear, concise language that, without being condescending, never takes the reader's knowledge for granted. Some of the basics covered are: The definitions of forex and forex markets Strategies for entrances and exits Trading psychology The ins and outs of forex pairs Places to trade foreign currencies Tips for selecting a broker Brown also offers up his own trading strategy that a novice can use, or at least be inspired by and use as a guideline for creating a personalized one. - JB Maverick, INVESTOPEDIA Jim Brown is one of the more well known authors in the currency trading industry. Brown authored a number of forex market books that range from introductory level material to more advanced titles focused on complex trading and market dynamics. Forex Trading is the first book in a multi book series and is targeted to new investors interested in trading the forex market. New traders will benefit from the information in the book as well as bonus access to Jim's Facebook group and one of his Trading Systems. Readers appreciated the short, concise and practical advice provided in the book. If you are interested in trading the forex market and want practical, actionable advice, Brown's book delivers. You will get a full picture of the technical analysis, fundamental analysis, and trading psychology required to be a successful trader. The author gives you just enough information to get you excited about trading as well as the necessary tools to make your first trades. You'll know pretty quickly if you have the stomach for trading the forex market and if so, the author gives you a roadmap to navigate more advanced trading topics in his next books which we discuss below. - Lou Haverty, FINANCIAL ANALYST INSIDER Jim Brown is an experienced trader and well known in the Forex community for writing several popular Forex books. In this book, Jim explains the basics of the Forex market in simple terms. This book is highly rated and great for new Forex traders. ​Jim also goes over his simple, profitable trading strategy in this book as well. This trading system doesn't require any paid or proprietary indicators. Everything you need to trade this system is already included in your Forex trading platform. - FX DAY JOB Very suitable for beginner traders, this book covers essential elements of Forex trading, including: Strategies for Entries Strategies for Exits Money Management Trading Psychology Basic Trading System With the basic trading system that is included in the book you can build your own trading strategy. If you are approaching Forex trading as a beginner, and would like to have a Forex strategy book that covers the basics in a very clear manner, go and grab it now! - ADMIRAL MARKETS

Download or read book The Art of Currency Trading written by Brent Donnelly and published by John Wiley & Sons. This book was released on 2019-06-12 with total page 420 pages. Available in PDF, EPUB and Kindle. Book excerpt: Now you can master the art of foreign exchange trading While most currency trading and foreign exchange books focus on international finance theory or simplistic chart-based strategies, The Art of Currency Trading is a comprehensive guide that will teach you how to profitably trade currencies in the real world. Author Brent Donnelly has been a successful interbank FX trader for more than 20 years and in this book, he shares the specific strategies and tactics he has used to profit in the forex marketplace. The book helps investors understand and master foreign exchange trading in order to achieve sustainable long-term financial success. The book builds in intensity and depth one topic at a time, starting with the basics and moving on to intermediate then advanced setups and strategies. Whether you are new to currency trading or have years of experience, The Art of Currency Trading provides the information you need to learn to trade like an expert. This much-needed guide provides: an insider’s view of what drives currency price movements; a clear explanation of how to combine macro fundamentals, technical analysis, behavioral finance and diligent risk management to trade successfully; specific techniques and setups you can use to make money trading foreign exchange; and steps you can take to better understand yourself and improve your trading psychology and discipline. Written for currency traders of all skill levels, international stock and bond investors, corporate treasurers, commodity traders, and asset managers, The Art of Currency Trading offers a comprehensive guide to foreign exchange trading written by a noted expert in the field.

Download or read book The New Trading for a Living written by Alexander Elder and published by John Wiley & Sons. This book was released on 2014-09-29 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: The best-selling trading book of all time—updated for the new era The New Trading for a Living updates a modern classic, popular worldwide among both private and institutional traders. This revised and expanded edition brings time-tested concepts in gear with today's fast-moving markets, adding new studies and techniques for the modern trader. This classic guide teaches a calm and disciplined approach to the markets. It emphasizes risk management along with self-management and provides clear rules for both. The New Trading for a Living includes templates for rating stock picks, creating trade plans, and rating your own readiness to trade. It provides the knowledge, perspective, and tools for developing your own effective trading system. All charts in this book are new and in full color, with clear comments on rules and techniques. The clarity of this book's language, its practical illustrations and generous sharing of the essential skills have made it a model for the industry—often imitated but never duplicated. Both new and experienced traders will appreciate its insights and the calm, systematic approach to modern markets. The New Trading for a Living will become an even more valuable resource than the author's previous books: Overcome barriers to success and develop stronger discipline Identify asymmetrical market zones, where rewards are higher and risks lower Master money management as you set entries, targets and stops Use a record-keeping system that will make you into your own teacher Successful trading is based on knowledge, focus, and discipline. The New Trading for a Living will lift your trading to a higher level by sharing classic wisdom along with modern market tools.

Download or read book Making Money in Forex written by Ryan O'Keefe and published by . This book was released on 2010 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: A practical guide to trading around the commitments of career and family. Making Money in Forex will help aspiring traders successfully enter this field while maintaining a job. With this book, author Ryan O'Keefe explains his own personal journey to becoming a trader and shows you how to follow a similar path. O'Keefe describes his approach to trading and reveals his bargain hunting trading style, which is designed to capitalize on market trends. Throughout the book, O'Keefe pays a great deal of attention to trading psychology, learning to read price instead of indicators, and emphasizes that.

Download or read book Forex Essentials in 15 Trades written by John Bland and published by John Wiley & Sons. This book was released on 2009-03-23 with total page 395 pages. Available in PDF, EPUB and Kindle. Book excerpt: Traders are constantly learning their craft. Those who do not share information, discuss tactics and review prior trades are doomed for failure. Global-View.com knows this. It is the leading destination for Forex traders looking to learn and discuss trading. With over 33,000 registered users from 125 countries, Global-View.com exposes its users to an incredible base of knowledge. In this book, the authors dissect each of 15 chosen trades, using the material to expose some of the best (and worst) practices of a Forex trader. The book weaves a plethora of Global-View.com information into the detailed dissection. Each description will include how the trade was selected and why it was made, as well as money management and psychological aspects of the trade. Entertaining anecdotal stories are interspersed throughout each trade story.

Download or read book Forex Trading Simple Strategy written by George Ward and published by Trading Academy. This book was released on 2021-04-08 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt: ★ ★ ★ 55% OFF for Bookstores! ★ ★ ★ Do you want to stop worrying about using oscillators and indicators to predict the price? Are you feeling overwhelmed about learning hard strategies to apply in the market? If you want to learn the easiest way to deal in all the Markets, then keep reading... Your Customers Will Never Stop to Use this Awesome Book! Every day, millions of traders ask themselves how they can learn to understand technical analysis and trading in a better way. A lot of traders search for the best indicator or oscillator that will predict the price. There is no magic indicator that can predict the future. An indicator or oscillator is just a math formula that takes data from the price itself, so, basically, it is just a representation of the price. Therefore, why use an indicator when you can easily read the price? I will explain my personal, simple method to you, which is based on technical analysis and price action. In this book, you will learn: - Forex Trading - Technical Analysis - Price Action - Trading signals - Set Up Patterns - Trading Psychology - Trading Management - Ready to use strategy - And Much more... This is not a beginner's guide, but I am going to cover all the basics you need to get started with my strategy, even if you have never made any trade at all. If you are already a trader, then you'll learn the simplest method that will change your results. Stop gambling your money and start earning money from the market! Buy it NOW and let your customers get addicted to this amazing book!

Download or read book Forex Trading for Beginners the True Story about Living the Forex Life Badass Dirty Secrets and Weird Tricks to Forex Millionaire written by Trader X and published by CreateSpace. This book was released on 2013-07-04 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt: So, I get it, you hate your day job. You would rather sip all day on a Mai Tai while riding a dolphin backward although the instructor tolled you not to do so. You little rebel. Or maybe you would rather spend your time on your large 50 foot sail boat in the Caribbean. Turquoise blue waters. Pearl white beaches. The water is crystal clear you can see all the way to the bottom of the riff. No one to bother you. No viscous boss. Yeah that guy from the office "you know his name, yes the same one you can't stand," he is not there either. I know you hate him so much I can feel the heat right through the pages. But... let's get back to you boat. The ocean is like oil. It's so quiet; there is not even a drop of wind. Suddenly luckily for you a gentle gust of wind comes through and gets a little nudge at your sails. It's all fine cause the autopilot takes care of it and the boat is back at the right direction. You are a master of it all. No reports and other nonsense. No little snobs with meetings schedules to waste your time. No politics. Just you and the ocean. Suddenly a little commotion occurs in the water. You run to bow and what a pleasant surprise. About 7 dolphins are jumping up and down racing with the boat and having even more fun than you. Now your sails are full of wind and nice and tight. You are picking up a little speed. You are kind of excited. So far you've been averaging around 1k a day trading Forex, hopping from one marina to the other. You are not too far from your next daily stop. In a matter of fact you are just passed Necker Island "you know where the billionaires hang with Richard Branson." If you keep it going like you have and scale it up a bit you will be visitor to that island too. But Necker or not you as happy as a clam. A fellow boat comes by. The captain is casually waving his hand at you. You can see his big smile and worm eye gaze. Well it's almost that time of the day. You can see the marina in the far left. As you get closer and closer the dock master starts jumping up and down getting your slip ready. Like a little obedient drone, he pulls few ropes, does couple of half hitched ties and your boat is finely secured. Most of the people would think the hardest thing about trading is finding the right trade. Not in Tortola. As you already know the hardest thing is finding a good internet connection. It's a piece of cake for you. You've done it hundreds of times. There is no better WiFi anywhere than at the little marina bar. You change quickly and take a nice spot at the bar. What a nice surprise. You are up $900 today on a short trade on EUR/USD. The talking head and Bernanke did their job well. The mob was so excited. They took the price up, just before some stupid announcement of the big heads. However you knew better. Buy the rumor; sell the fact. Well you just sold the fact and it paid well. In fact it paid so well you are about to get a second glass of something that comes with little umbrella on top. You know one of those nice "pain-killers" they can make only around here. Well it's time to do it again. Place you next trade and get off line. After all you are in control. No boss to scream at you! Well my friend, this is my life now. I know you can do it too. In fact I know you can create your own reality. But really in your mind "it will take an act of GOD to get you out of all your trouble to this spot." Well creating your own reality also requires a lot of this dirty word called "work." So I have made up my mind. I have created your own reality for you. Would you like to see it? Even step in to it? You would, if you knew what was on the other side. This book contains a step by step, easy lazy man's guide to your future you. You have a choice. Spend thousands of dollars and countless of hours in front of the screen until your eyes become so big you can hang your hat on it. Or you can just punch a few buttons and buy this book. But it takes a click of faith. See you on the other side.

Download or read book Building Winning Algorithmic Trading Systems Website written by Kevin J. Davey and published by John Wiley & Sons. This book was released on 2014-07-21 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: Develop your own trading system with practical guidance and expert advice In Building Algorithmic Trading Systems: A Trader's Journey From Data Mining to Monte Carlo Simulation to Live Training, award-winning trader Kevin Davey shares his secrets for developing trading systems that generate triple-digit returns. With both explanation and demonstration, Davey guides you step-by-step through the entire process of generating and validating an idea, setting entry and exit points, testing systems, and implementing them in live trading. You'll find concrete rules for increasing or decreasing allocation to a system, and rules for when to abandon one. The companion website includes Davey's own Monte Carlo simulator and other tools that will enable you to automate and test your own trading ideas. A purely discretionary approach to trading generally breaks down over the long haul. With market data and statistics easily available, traders are increasingly opting to employ an automated or algorithmic trading system—enough that algorithmic trades now account for the bulk of stock trading volume. Building Algorithmic Trading Systems teaches you how to develop your own systems with an eye toward market fluctuations and the impermanence of even the most effective algorithm. Learn the systems that generated triple-digit returns in the World Cup Trading Championship Develop an algorithmic approach for any trading idea using off-the-shelf software or popular platforms Test your new system using historical and current market data Mine market data for statistical tendencies that may form the basis of a new system Market patterns change, and so do system results. Past performance isn't a guarantee of future success, so the key is to continually develop new systems and adjust established systems in response to evolving statistical tendencies. For individual traders looking for the next leap forward, Building Algorithmic Trading Systems provides expert guidance and practical advice.

Download or read book Trading Beyond the Matrix written by Van K. Tharp and published by John Wiley & Sons. This book was released on 2013-02-19 with total page 436 pages. Available in PDF, EPUB and Kindle. Book excerpt: How to transform your trading results by transforming yourself In the unique arena of professional trading coaches and consultants, Van K. Tharp is an internationally recognized expert at helping others become the best traders they can be. In Trading Beyond the Matrix: The Red Pill for Traders and Investors, Tharp leads readers to dramatically improve their trading results and financial life by looking within. He takes the reader by the hand through the steps of self-transformation, from incorporating "Tharp Think"—ideas drawn from his modeling work with great traders—making changes in yourself so that you can adopt the beliefs and attitudes necessary to win when you stop making mistakes and avoid methods that don't work. You'll change your level of consciousness so that you can avoiding trading out of fear and greed and move toward higher levels such as acceptance or joy. A leading trader offers unique learning strategies for turning yourself into a great trader Goes beyond trading systems to help readers develop more effective trading psychology Trains the reader to overcome self-sabotage that obstructs trading success Presented through real transformations made by other traders Advocating an unconventional approach to evaluating trading systems and beliefs, trading expert Van K. Tharp has produced a powerful manual every trader can use to make the best trades and optimize their success.