The author wishes they'd had THIS book before they started trading!
How NOT to Trade Forex (Foreign-Exchange Currency Trading) by avoiding these five Forex Financial Fumbles takes the reader on a visit to the 'dark side' of trading to make the unsuspecting trader aware of what they're up against.
It can be fixed! That's the good news. The bad news is that it cost the author many thousands of dollars and it's the author's aim to put a somewhat 'wise head on young shoulders' so YOU don't have to go through the same pain and agony and catastrophic loss of cash!
The Forex Fumbles cover:
1) Trading with cash you can't afford to lose
2) Moving Stops and/or NOT using them properly
3) Using incorrect lot sizes, creating too much at risk
4) Trading live without prior demo success
5) Trading just to be 'in a trade'
BONUS chapters:
How psychology plays a HUGE role; 'Too Many Indicators'; the role of Different Time Frames; and Trading Strategies and Time Frames.
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How NOT To Trade Forex - Avoid These 5 Forex Financial Fumbles
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Susan Gast
Updated
August 22, 2022
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How NOT To Trade Forex - Avoid These 5 Forex Financial Fumbles
Book Details
ISBN-10:
1480291420
ISBN-13:
9781480291423
ASIN:
B009SGIS1K
Published Date:
October 17, 2012
Pages:
82
Edition Language:
English
User reviews
1 review
Overall rating
4.0
Cover Art
N/A(0)
Story Development
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Character Development
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Punctuation, Grammar
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Poetic Language
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Wish I'd read this before I began trading!
(Updated: November 10, 2024)
Overall rating
4.0
Cover Art
N/A
Story Development
N/A
Character Development
N/A
Punctuation, Grammar
N/A
Poetic Language
4.0
Good price, but it's not a LOOOOONG read... but still contains good info.
Pros & Cons
Pros
Makes sense - don't RISK more than you can AFFORD to lose!!!
Trade SENSIBLY and USE a STOP, for goodness sake!
Trade SENSIBLY and USE a STOP, for goodness sake!
Cons
Wish I'd had this book before I began trading...