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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. 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. 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. FOREX is a market like no other. Of course, such a dynamic market is usually treacherous for those who dabble. Effective FOREX trading takes a game plan, a learned ability to both act and react, and most of all, a healthy dose of respect.
Written by the creators of Global-View. Whether you're a new or experienced market participant, you'll appre-ciate the real-world experience of Global-View. The final section includes key information from the Global-View Web site, which will help you apply the trades to your daily business. With numerous "Inside Scoop" commentary boxes, trading charts, chapter summaries, and recommended links, FOREX Essentials in 15 Trades gives you a thorough, lively trading guide that also plugs you into the exciting Global-View.
Written by the creators of the Global-View. Fundamentals, technicals, money management, and psychology are just some of the aspects discussed for each trade. Traders who study their experiences are destined to shorten their learning curve and trade more profitably sooner. 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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See all 2 formats and editions Hide other formats and editions Price. Traders are constantly learning their craft. Those who do not share information, discuss tactics and review prior trades are doomed for failure. It is the leading destination for Forex traders looking to learn and discuss trading.
With over 33, registered users from countries, Global-View. Read more Read less. See all buying options. Avoid common mistakes for new traders Select a FOREX broker Determine your trading profile and time horizon Develop good habits for your trading practice Apply both technical and fundamental analysis to potential trades Use margin effectively Make evolutionary trading changes to boost your returns Manage your money on good and bad trading days Trade in a crisis economy Trade the news And more With numerous "Inside Scoop" commentary boxes, trading charts, chapter summaries, and recommended links, FOREX Essentials in 15 Trades gives you a thorough, lively trading guide that also plugs you into the exciting Global-View.
Avoid common mistakes for new traders Select a FOREX broker Determine your trading profile and time horizon Develop good habits for your trading practice Apply both technical and fundamental analysis to potential trades Use margin effectively Make evolutionary trading changes to boost your returns Manage your money on good and bad trading days Trade in a crisis economy Trade the news And more Traders who study their experiences are destined to shorten their learning curve and trade more profitably sooner.
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Please try again later. By Tradalai on April 18, The rest is so so. Its by no means a must have book for forex trading and really is a promotion for Global View - which is ok too. Was this review helpful to you? By StormFury on October 27, This book is a mishmash of: A bad one and nothing you cannot find online or in other better organized books.
The 15 trades are actually supposed to illustrate some general trading rules. The trades are not annotated except for the entries and exit, with no reason for entry or exit. There is no way you can learn from the trade as there is no explanation whatsoever and it seems they were slapped on to illustrate the point or rules. If you are looking for a trading system, forget it.
Even with his one page supposed KISS trend-following system, the author managed to obscure it beyond implementation. Which is available online already. The whole Shanghai BC chapter is available at the [ So save your money and go to the site. The site itself is rather disorganized and not for the beginners.
The author Archer constantly refers to his secret trading method passed down by his mentor Goodman and devotes chapter 27 to an exposition of this method. This chapter is at least clearer than the other book where he started selling this method Getting Started in Forex Trading Strategies. It is supposed to be a superior system that is better than Elliot wave. However I can tell you that it is not possible to implement it successfully based on the material in this book.
Since it is a wave system, it is high subjectively and EVERY zig zag will look like a potential entry. It is possible that the author is able to make money using this method, but it would be due to his experience or other unrevealed rules or may be he just was to sell you more stuff at his site.
Personally, I'll pass on this secret method. What I did take away from this book: The author Archer provided 4 trader profiles Guerrilla, Scalper, Day Trader, Position Trader and their respective chart time frame, targeted profit pip range etc.
It is good to have this information for your own comparison and reference so you can find your own profile by trial and experimentation. He describes what he does to get ready for trading, how he monitors the market and filter potential trades and finally enters into them.
It's a good description of how a trader should approach trading by determining his own trading personality and focus on making only the high probability trades. For this price, if you can get a copy at your library, read the parts I recommended they are very short and save your money for other books.
By Amazon Customer on April 12, To make a long story short, reviewer StormFury says it all He details on all major shortcoming of the book and there are many. For me the worst thing: None of this can be fond in the book. Sometimes the author Archer spends as few as 3 lines for a trade, e. I could afford giving up some of that profit, should I be correct, since it was larger than my usual trade objective. BTW, the entry date and exit date are the same Nov.More...