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Turning Losing Forex Trades into Winners: Proven Techniques to Reverse Your Losses (Wiley Trading)

Turning Losing Forex Trades into Winners: Proven Techniques to Reverse Your Losses (Wiley Trading)
Author: Gerald E. Greene
Publisher: Wiley
Category: Book

List Price: $85.00
Buy New: $44.22
You Save: $40.78 (48%)



New (26) Used (4) from $43.95

Avg. Customer Rating: 5.0 out of 5 stars 1 reviews
Sales Rank: 142691

Media: Hardcover
Number Of Items: 1
Pages: 224
Shipping Weight (lbs): 0.9
Dimensions (in): 9.1 x 6 x 1.1

ISBN: 0470187697
Dewey Decimal Number: 332.45
EAN: 9780470187692
ASIN: 0470187697

Publication Date: June 23, 2008
Availability: Usually ships in 1-2 business days
Shipping: International shipping available
Condition: Brand New, Perfect Condition, Please allow 4-14 business days for delivery. 100% Money Back Guarantee, Over 1,000,000 customers served.

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Editorial Reviews:

Product Description
An effective way to reverse a trade's fortune

Almost all trading books focus on "winning" trades. But winning trades can be hard to come by, especially when you're just starting out. Turning Losing FOREX Trades into Winners 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.



Customer Reviews:

5 out of 5 stars The title says it all   June 19, 2008
This was an excellent read. I bought this book partially because of the title "Turning Losing FOREX Trades into Winners." You see, I'm definitely one of those that had some losing trades and I thought it would be refreshing to read something that dealt with my reality.

Initially, I was simply hoping for some tips on when to reverse a position, and while I found that, I found it while getting something I wasn't expecting. The whole book is loaded with images (the second half seems to have more real estate given to visuals than to text) that deal with the practical reality of entering trades in "gray areas." That is, instead of focusing on the fairly rare "perfect entry," the book deals with what the market actually looks like every day, where you simply don't see the prototypical entry. It does show trader's dream entries, but only to make a point. Then it goes on to show multiple cases of what you can expect to actually see.

The text seems organized to allow beginners to get a greater feel for the topic while allowing experienced traders focus on specific trading techniques. Being somewhere in the middle, I found the explanations helpful, yet I'm keeping the book/website open to specific sections. It's certainly worth the investment.


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