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Profiting with Forex
Wed, Oct 17 2007, 07:07 GMT
by FXstreet.com Team
About the Authors
John Jagerson has worked in the capital markets and
private equity for most of his career-including investing, writing,
money management, and as Vice President of Content for INVESTools, Inc
(IEDU) the leading investor-education company in the United States.
John earned his B.S. in Business Administration in 1997 and funded his first private placement in 1998. His experience in the Forex began as the owner of an import/export firm, and it quickly became a major focus for risk control and profit opportunities.
He has been a featured profile in BusinessWeek’s Stock Trader newsletter and has been published several times in numerous online and offline periodicals. He is actively involved in managing his own stock, options, futures, and Forex portfolio and is a managing principal of Ouroboros Capital Management, LLC, an NFA member firm.
S. Wade Hansen is a managing principal of Ouroboros
Capital Management, LLC, where he created the firm’s proprietary
trading system. He is registered with the National Futures Association
(NFA) as a commodity trading advisor (CTA).
Mr. Hansen’s articles have appeared in Technical Analysis of STOCKS & COMMODITIES magazine, BusinessWeek’s Investor Education program, and CNBC’s Investor Education program.
He has been investing in the Forex market for years and has been a featured speaker at multiple Forex-trading workshops and seminars. He has also helped train tens of thousands of investors as the cocreator of the INVESTools Currency Trader, Advanced Options, and Advanced Technical Analysis education programs.
Both Mr Jagerson and Mr Hansen have a blog at FXstreet.com: Long-term Forex Perspectives.
Book Synopsis
What is PFX, and who ever heard of long-term anything in the forex market?!
PFX stands for Profiting with Forex, a fun book written by John Jagerson and S. Wade Hansen, with an accompanying website---www.PFXglobal.com. The book has an ugly orange and black dust jacket, but it outlines our long-term approach to investing in the forex market. That's right, our long-term approach.
How do you PFX (Profit with Forex)? You take a long-term perspective.
We started PFX because we have seen far too many people blow up their accounts trying to day trade the forex market when they had no business doing so. The only way MOST individual forex investors are going to be successful in the forex market is if they have a long-term perspective. MOST individual forex investors should be aware of longer-term fundamental influences, be focusing on longer-term trends, and be placing longer-term trades.
This blog will help PFXers (forex investors who adopt a long-term perspective) do the following:
- Learn proper risk-management principles
- Understand the fundamental forces that drive the forex market
- Analyze important news announcements
- Use technical analysis to time their entries and exits
- Tame their less-productive emotions
Come see how having a long-term forex perspective can help you become a profitable forex investor for years to come.
Click on the image to view more information
Published on Wed, Oct 17 2007, 07:34 GMT
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