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Trade in The Forex Trading Course: A Self-study Guide to Becoming a Successful Currency Trader (Wiley Trading) for an Amazon.co.uk gift card of up to £9.25, which you can then spend on millions of items across the site. Plus, get an extra £5 when you trade in books worth £10 or more until June 30, 2012. Trade-in values may vary (terms apply). Find more products eligible for trade-in.
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Product Description
Product Description
The Forex Trading Course is a practical, hands–on guide to mastering currency trading. This book is designed to build an aspiring trader′s knowledge base in a step–by–step manner–with each major section followed by a thorough question–and–answer section to ensure mastery of the material. Written in a straightforward and accessible style, The Forex Trading Course outlines a practical way to integrate fundamental and technical analysis to identify high probability patterns and trades; and reveals how to develop a trading plan and appropriate strategies for different size trading accounts; how to control emotions and use emotional intelligence to improve trading performance; and much more. Filled with in–depth insight and practical advice, The Forex Trading Course will prepare readers for the realities of currency trading, and help them evolve and achieve success in this dynamic market.
From the Back Cover
"In addition to satisfying those with a healthy obsession to work on improving their professional skills, The Forex Trading Course will force readers to think outside the box and to develop an appetite for the pursuit of knowledge about trading."
—From the Foreword by Dr. Steve H. Hanke, Professor of Applied Economics Johns Hopkins University
"Abe Cofnas puts his outstanding credentials to work as he shares with readers a solid educational program in The Forex Trading Course. He delivers a straightforward explanation of the fundamentals that drive FX markets. He gives a detailed description of vital technical analysis tactics, including what set–ups to look for, trend line breaks, Fibonacci analysis, and my favorite, pivot point analysis. He ties it all together to teach traders various trading styles, from a scalper to a position trader, who want to capture longer–term trends for maximum profits. His strategies on stop–loss placement and profit targets are mandatory components that all traders will benefit from . . . immensely. Study this book. Read it and practice these principles. This book delivers the steps to success for all serious FX traders."
—John Person, author and President, www.nationalfutures.com
"I believe The Forex Trading Course is the best single resource available if you are serious about learning how to be successful in the forex market, whether you are a short–term trader or a long–term speculator. In this book, Abe Cofnas does what few can, he fuses together the key fundamental and technical analysis tools into an understandable framework that will allow you to develop and apply a comprehensive forex trading methodology that works over time. And as most real–life traders will tell you, that′s the best you can do."
—Jack Crooks, President, Black Swan Capital
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Also Technical analysis are explained less than fundematals.....
A person should open a practice account an stick with it until they can make money consistantly. Then they should open a small account ($1,000-$2,000) and trade partial lots till they get the hang of it. And unless they like scalping (10-15 pip trades), they should aim for 100 pip trades. The only way I could ever make only 10 pips is to risk 30.
Read Currency Trading for Dummies. It is a very well thought out, organized, and certainly more informative than the Forex Trading Course. The dummies book also has suggested reading at the end for further study. The Forex Trading course has a few books mentioned throughout, but considering how bad The Forex Trading Course is put together, I wouldn't trust the books listed outright.
This book is a Must Read!
John Echternacht
Listmania!
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