Raghee horner forex trading for maximum profits
I believe everyone would like to speak with a successful trader and see what he or she does to achieve that success. I have never come across a book quite like this one. The author thoughtfully teaches you how she trades and shows you exactly what she does to set up the two kinds of trades she watches for, swing and momentum. At first I frankly didn't see what the difference would be since I have not actively traded and actually was more interested in the longer term view.
However, the way she explains it, even if you are a longer term trader or investor if you will, one must to learn how to read charts. I was also impressed by her method of approaching news. She shows you which reports move the forex market and how to deal with news which actually was something I used to get caught up in.
I feel like I have a plan that tells me what to do and where to go with each trade. I also appreciate that I only have to focus on around four to five trading tools. One can easily get lost in trying to learn or use too many. This has simplified trading for me and also shown me how to find chart patterns in the correct manner.
The way she identifies chart patterns is so simple that I think I must be doing it wrong. However, when the trade works I know that I got it right! It's going to be my trading bible. It has everything. I was afraid I may get another general book about Forex and market paticipants and the basic indicators.
I was happy to find a complete trading plan that takes all the questions out of when to buy, when to sell, how to put in my orders, how to take profits. The book is written like the author is talking to you and I finished it in 2 days, it's that good but I could have done without the many, many typos.
There's good info here. I know I will want to review some chapters like chapter 10 fibonacci levels and chapter 26 that talks about charting the US Dollar with other currencies. I liked the chapter on prep-work which makes finding trades very simple and fast using moving averages. She teaches how to trade from 5 time frames so I have the choice to play longer term with a daily chart or a short term chart like the 15 minute although she doesn't use anything smaller than the 30 minute chart.
I think what was also helpful is that I thought I would have to get up early or stay up late to trade forex from what I had heard at other seminars I went to but she teaches market overlap and explains that you don't have to which was my biggest worry. Look past the typos and you'll find good info. Worth a read. After reading it twice! I see that some reviewers missed the point completely. This book was written by a successful trader to show people how she trades.
I don't need another book on my shelf that tells me which indicators do what. There are a few chapters that I wish were longer. Fibonacci Levels. Visual Tools. Trading Versus Investing. The Funnel Mindset. Two Cornerstone Steps of Trade Setups. Prep Work. Building a Trade. Rewriting Trade management. A Trade Going Astray. Placing Your Orders. The Five Stages of Loss. Tips and Tricks of the Trade. News Discounting. Charting the U. Dollar with Other Currencies.
Raghee's Rules for Successful Trading. Conversation with Raghee Horner. About the CD-Rom.
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Pt 3 Raghee Horner on Trading FX Options for Maximum ProfitMinimum Order: 25 copies per title Must be purchased in multiples of 25 copies true Overview Take an in-depth, how-to look at Forex trading using themethods, analysis, and insights of a renowned trader, RagheeHorner.
| Raghee horner forex trading for maximum profits | I was also impressed by her method of approaching news. The book is written like the author is talking to you and I finished it in 2 days, it's that good but I could have done without the many, many typos. Though I have not traded the 24 hours Forex market, I have traded the currency markets as well as the futures, stocks and options. Not to say that the other things did'nt help but this book simplified my trading. Placing Your Orders. |
| Bigcoin cryptocurrency | Minimum Order: 25 copies per title Must be purchased in multiples of 25 copies true Overview Take an in-depth, how-to look at Forex trading using themethods, analysis, and insights of a renowned trader, RagheeHorner. Anyone who is tired of buying highs or selling lows only to see the market reverse and move against them should read that chapter. 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. Written by Raghee Horner--one of the top FX traders in the country and a master teacher of trading systems and techniques-- Forex Trading for Maximum Profit offers a comprehensive road map to getting started in this little-understood, but highly-profitable arena. The Forex market is particularly attractive because it trades with no gaps and has unlimited guaranteed stop-losses. It is not a magic box, you must be patient and work hard to apply the rules in the book. About the CD-Rom. |
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| Stock forex | The liquidity of the Forex market and worldwide participation makes for more reliable and longer lasting trends as well. Raghee's philosophy is to teach the tools and strategies that encourage self-directed traders to pursue the study of technical analysis and market psychology. This book was written by a successful trader to show people how she trades. Tips and Tricks of the Trade. The pratical and tactical methods the book has taught me has increased my pip gain tremendously. Though I have not traded the 24 hours Forex market, I have traded the currency markets as well as the futures, stocks and options. One can easily get lost in trying to learn or use too many. |
comments: 4
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