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The way to Trade Forex
Wed, Aug 30 2006, 09:21 GMT
by FXstreet.com Team
About the Author
Jay Lakani is a professional trader and has been involved with markets since his early twenties. He has extensive experience of both the US and UK stockmarkets - trading in derivatives, forex, index and stock futures, and commodities.
Jay uses Technical Analysis in his trading, and believes that successful trading is based on your strategies and techniques, psychology and having a disciplined money management.
Book Synopsis
For my Forex Trading, I use purely my experience as a trader, and Technical analysis from which I have devised unique trading methodologies that work consistently. In my book, In addition to the strategies that I discuss, I also put great emphasis in designing your own trading Plan and create your own trading system that meets with your psychology. There is a follow up service with ongoing mentoring and also a free evaluation of your trading plan.
I wrote 'The Way To Trade Forex' to guide every Forex Trader, irrespective of their trading experience . Many come to the Forex Market to earn quickly, but without adequate preparation and homework and they soon lose their capital quickly. The real cause in most cases being their fear and greed, and they fail to view the market moves as opportunities.
The Home study course has a step by step guide how you can create your OWN Killer Forex System. Many traders have this ability of snatching the profits and letting the losses run. By simply following the methodologies taught in the Bindal FX Home Study Course ensures success in the long term, with consistent profits.
Review of Points:
Trading methods that work in any market
- Psychology of Trading
- How to Draw up a Trading Plan
- Trading Discipline
- Money Management
- Quickly identify Chart Patterns
- Real Currency Trading Examples
- Online and Email mentoring
- How to trade using confluence of events
- How to recognise "iron-clad" Forex signals and profit big time
- How to avoid pitfalls of dumb money
Showroom at FXstreet.com
Forex Revolution a new perspective “Forex Revolution”, I use a blend of real trading experience, definitions, and methodologies because you need all three to become a successful trader in this market. Trading is never about memorizing how someone else trades; one’s strategy must be developed by the individual. Hopefully,with this book, traders can take all of this information and begin crafting you own trading models (…)
Click the image below to continue reading Jay Lakhani's Showroom (.pdf file)
Published on Wed, Aug 30 2006, 09:21 GMT
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Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.
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