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Something we hope you'll especially enjoy: If you're a seller, Fulfillment by Amazon can help you increase your sales. We invite you to learn more about Fulfillment by Amazon. FX Bootcamp's Guide to Strategic and Tactical Forex Trading skillfully explains how to combine popular technical indicators to formulate a comprehensive market strategy.
Readers will then learn how to focus on using this information to create a tactical trading plan--one that will help them pull the trigger to get in and out of a trade. Along the way, McDonell takes the time to discuss the various challenges a Forex trader faces, such as greed, fear, loss, and isolation. As a Forex trader and educator of traders, Wayne McDonell knows what it takes to make it in the competitive world of Forex. In The Art of War , renowned military strategist Sun Tzu states, "The general who wins the battle makes many calculations in his temple before the battle is fought.
The general who loses makes but few calculations beforehand. As the Chief Currency Coach at FX Bootcamp, author Wayne McDonell helps clients around the world excel in the Forex field by training them to develop and execute a trading plan with military precision. Why does this approach work so well? So, outthinking your opponent is essential to victory in both of these arenas. Divided into five comprehensive parts, The FX Bootcamp's Guide to Strategic and Tactical Forex Trading puts this competitive market in perspective and shows you how to achieve success within it.
This reliable resource opens with a detailed look at the technical indicators you'll need to use in your trading endeavors. In Forex trading, patience and discipline are just as important as technical and fundamental analysis.
With The FX Bootcamp's Guide to Strategic and Tactical Forex Trading , you'll discover how developing positive trading habits and the right trading skills will put you in a better position to profit over the long haul. His live training and educational events draw large crowds of traders because he can explain complex Forex trading concepts in a common language that anyone can understand. This book does the same. I highly recommend it. Wayne knows from experience what it takes to succeed in the Forex markets.
He provides step-by-step instructions and explains in common language what to look for in charts and in the news to find profitable trades immediately. Don't make a single Forex trade until you've read this book! Filled with in-depth insights and practical advice, this straightforward guide will teach you how to think for yourself and trade successfully—relying on your own technical, fundamental, and even psychological analysis.
First, you'll become familiar with the indicators—from moving averages to price support and resistance—that form the foundation of the trading methodologies discussed in the book. Then, you'll discover how to put together a trading plan, and trade that plan for maximum profits. Along the way, McDonell also takes the time to discuss the various challenges you may face while trading Forex and explains how treating your trading operations like a business can improve overall performance.
If you want to be a successful Forex trader, you must have a firm understanding of how the global market works and how to trade it. With The FX Bootcamp's Guide to Strategic and Tactical Forex Trading, you'll quickly learn how to gather intelligence, formulate a strategy, and confidently pull the trading trigger. Would you like to tell us about a lower price? If you are a seller for this product, would you like to suggest updates through seller support? Learn more about Amazon Prime. Interesting Finds Updated Daily.
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Forex For Ambitious Beginners: Forex For Beginners Paperback. From the Inside Flap In The Art of War , renowned military strategist Sun Tzu states, "The general who wins the battle makes many calculations in his temple before the battle is fought. Wiley; 1 edition September 22, Language: Share your thoughts with other customers. Write a customer review. Rated by customers interested in. Is this feature helpful? Thank you for your feedback.
There was a problem filtering reviews right now. Please try again later. By Procomplex on May 9, A good book that brings the reader through the basics of forex trading. In that sense, covers similar ground to Anna Coulling's Forex for Beginners. That book had a breezy conversational style which was a bit long winded and repetitive in a good way as it came across like a good lady friend sitting at your side explaining the basics of forex trading to you.
This book is more straight to the point and uses a don't waste any time writing style. All the fundamentals are covered such as composition of the forex market, basics of technical and fundamental analysis and the author's outlook on the psychology of trading. The book is easy to read and informative. I did learn things not available in other books and the author didn't push his website or courses too hard. This book is good as it brings the reader through some actual trading examples and reminds the trader constantly that forex trading isn't as easy as the online ads make out.
It also keeps emphasising the need to have a trading plan and a trading journal which the author believes will turn one year of trading into three years' worth of experience.
In short, buy this book if you want a sound introduction to forex trading. By Amazon Customer on January 8, I bought this book based on the great reviews. I've been reading Ed Ponsi's books great reading for forex and because of the words "strategic" and "tactical" in the title I thought this book had some real substance. This book is very much for beginners with little or no knowledge of any sort of investing.
Also they use the charts in the book to illustrate what they are saying however the charts are a joke. They are all cluttered with so many price indicators all in black and white so you can't distinguish one line from another.More...