50 Pips A Day Forex Strategy
Published on Rabu, 03 April 2013
06.06 //
Forex Books
The author gives excellent practical advice on formulating your own trading system - trading with the trend, solid money and risk management, trading with patience, no emotions and no outside influence. He identifies the mistakes trader often make - cutting profits short, letting losses run, revenge trading, and how to avoid them. He shows that the ability to read price action rather than indicators gives the extra edge for successful trading. The best part: He gives his readers a well defined trading system to identify the trend and support/resistance, as well as detailed entry criteria using candlesticks, stop loss and profit targets. In addition he shows you when NOT to trade. This is a complete strategy to trade with. Mr. Damir is a talented writer and teacher. His discussions are excellent and detailed. The concepts are clearly explained. I learned a lot about reading candlesticks from this book. I am testing this system and plan to adopt it as my own.
The author answers questions very quickly and in detail. He will help you in anything you need to understand about his books. After his fast responses I bought all of his books available on Amazon. I started on "Follow Price Action Trends" since I thought this was most likely to be the style of trading I would prefer. He recommended this book "Build Your Forex Trading System" as the starter to give me a better overview of all of his books and a variety of trading styles. I agree, start here. This book will help you understand the differences in the styles. Mr. Damir is making his money trading and has been good enough to help us who are learning to be able to improve our trading. He is not trying to get rich selling courses with empty dreams, like most of the experts. For the knowledge you will gain all of his books are a bargin. His explanation of lot/trade sizing has helped me a great deal more than the other courses I have taken. I recommend you start with this book and buy all of his other books. For the price you will learn far more then you are spending.
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