Details

Turning Losing Forex Trades into Winners


Turning Losing Forex Trades into Winners

Proven Techniques to Reverse Your Losses
Wiley Trading, Band 333 1. Aufl.

von: Gerald E. Greene

54,99 €

Verlag: Wiley
Format: PDF
Veröffentl.: 15.09.2008
ISBN/EAN: 9780470334607
Sprache: englisch
Anzahl Seiten: 240

DRM-geschütztes eBook, Sie benötigen z.B. Adobe Digital Editions und eine Adobe ID zum Lesen.

Beschreibungen

An effective way to reverse a trade's fortune<br /> <br /> Almost all trading books focus on "winning" trades. But winning trades can be hard to come by, especially when you're just starting out. <i>Turning Losing FOREX Trades into Winners</i> takes a look at this discipline from a different angle, examining effective methods for dealing with trades that are in a losing position. First, it guides the trader through the various steps of determining if a trade is with or against the overall trend. Then, it explains how to decide when a trade should be closed or left open. While this reliable resource is filled with in-depth insights and expert advice that will help readers gain a better understanding of today's FOREX market, it also contains hundreds of chart examples that will provide step-by-step instructions on how traders can recover from losses.<br />
Forward. <p>Acknowledgments.</p> <p>Introduction.</p> <p>Chapter 1. Trading Systems.</p> <p>Chapter 2. Trend Lines & Trend Walls.</p> <p>Chapter 3. Convergence & Divergence.</p> <p>Chapter 4. The Bad Trade.</p> <p>Chapter 5. Bad Trade Recovery.</p> <p>Chapter 6. Loss Recovery  with MACD.</p> <p>Chapter 7. Loss Recovery with Stochastics.</p> <p>Chapter 8. Loss Recovery with Moving Averages.</p> <p>Chapter 9. Loss Recovery with Fibonacci Ranges.</p> <p>Chapter 10. Loss Recovery with Trend Lines.</p> <p>Conclusion. Loss Recovery in Practice.</p> <p>Appendix. Ten Pips per Day.</p> <p>About the Author.</p> <p>Index.</p>
<p>Gerald E. Greene is Senior Vice President of Concorde Forex Group, Inc. He publishes a Forex commentary three times each day, during the London market hours, for Concorde Forex traders worldwide.</p>
<b>Turning Losing Forex Trades into Winners</b> <p>"This book offers traders an opportunity to reduce losses and exposure to margin accounts. Excellent!" — Don Snellgrove, BMed, professional trader; founder and President of CFGtrading; and author of Sel<i>ective Forex Trading</i></p> <p>Forex trading is a zero-sum game, where one trader's winnings are another trader's losses. To excel in this arena, making the right decisions is important, especially when a trade goes against you.</p> <p>Author Gerald Greene—an accomplished trader and developer of real-time charting software for Concorde Forex Group—knows what it takes to overcome the occasional obstacles that this market presents, and now, with <i>Turning Losing Forex Trades into Winners</i>, he shares his valuable insights with you.</p> <p>Written in a straightforward and accessible style, this reliable resource—which takes a technical approach to trading—will put you in a better position to manage losing trades and make the most of prevailing market conditions. Some of the essential tools and techniques discussed throughout these pages include:</p> <ul> <li> <p>Trend lines and trend walls</p> </li> <li> <p>Stochastics</p> </li> <li> <p>Convergence and divergence</p> </li> <li> <p>Fibonacci ranges</p> </li> <li> <p>Cost averaging</p> </li> <li> <p>And much more</p> </li> </ul> <p>Rebounding from losing trades is difficult, but not impossible. With <i>Turning Losing Forex Trades into Winners</i>, you'll be prepared to face this challenge with the confidence that you can respond and recover from anything the market throws your way.</p>

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