Naked Forex: High-Probability Techniques for Trading Without Indicators
| Author | : | |
| Rating | : | 4.31 (940 Votes) |
| Asin | : | 1118114019 |
| Format Type | : | paperback |
| Number of Pages | : | 288 Pages |
| Publish Date | : | 2017-03-17 |
| Language | : | English |
DESCRIPTION:
Peters' Value-Added is in the little tweaks of old stuff Much has been made about the techniques being presented as being simply very old price action trading renamed. That doesn't do this work justice. I had long ago tried price action trading and given it up as "not working". The value-added in this work is in the little tweaks applied to the old techniques, that, in my opinion makes them quite viable, eg, additional qualifiers on the pin bar or "kangaroo tail" as it were that makes it a much higher percentage play. It's possibl. Good book Matthew Brown These guys give a new trader three things he really needs:1) real useable, complete, detailed strategies2) a method of accelerated trading practice that won't cost money3) a method to determine when you're ready to trade real money in the real market.They also share some useful insights on trading psychology, but the three things above make it worth the price of admission for new traders.. Very good price-action-trading book! Samphan Rattana-amornchai This book is pretty small, however, it covers the most necessary things you need to know for trading.I recommend this book to someone who looking for trading by price-action style, without indicators.This is not just a how-to book. I love the fact that it also covers the most important part of trading, psychology.The author also stresses how important back-testing is.All contents make sense.If you would like to be the price-action trader, don't miss this book.
Mastering your own attitudes toward risk, says coauthor Peters, who is also a PhD in psychology, is how you finally become a true professional trader.Engaging and informative, this practical guide touches on many provocative topics, including:Is it possible to outwit some of the most determined, intelligent, and well-resourced traders in the world? Find out what it takesThe concept of "zones" and the seven most important things you need to know about themSix key stages you must address for every tradeAre you a runner or a gunner? When it comes to exiting a trade with money, it's important to knowThe one secret expert traders all share, why boring is good, and six steps to becoming an expertWhy understanding yourself is paramount. Myth 2: successful trading must be complex. Myth 3: successful trading is dependent on the trading system. In the last part of the book, you'll learn to understand your own trading psyche. From the Inside FlapMost forex traders lose
Peters is a technical trader and takes a unique "naked" approach to forex trading. He trades for the DTS Fund and works with traders through the website FXjake. He has over ten years of successful trading experience in equities, options, futures, and forex. Nekritin holds a degree in finance with a co
Naked trading is the simplest (and oldest) trading method. Traders using naked trading techniques focus on the price chart. However, long before computers and calculators, traders were trading naked. Naked trading is a simple and superior way to trade and is suited to those traders looking to quickly achieve expertise with a trading method.Offers a simpler way for traders to make effective decisions using the price chartBased on coauthor Walter Peters method of trading and managing money almost exclusively without indicatorsCoauthor Alexander Nekritin is the CEO and President of TradersChoiceFX, one of the largest Forex introducing brokers in the worldNaked Forex teaches traders how to profit the simple naked way!. It's simply trading without technical indicators, and that is exactly what this book is about.Traders who use standard technical indicators focus on the indicators. A streamlined and highly effective approach to trading without indicatorsMost forex traders rely on technical analysis books written for stock, futures, and option traders