January 2010
Intermediate to advanced
208 pages
5h 35m
English
book
Forex on Five Hours a Week: How to Make Money Trading on Your Own Time
by Raghee Horner, Jeffrey Alan Brandzel
Content preview from Forex on Five Hours a Week: How to Make Money Trading on Your Own Time
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O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.
Chapter 2. Full-Time Trading = Full-Time Job
Figure 2.1. Perspective my friends, keep your trading in perspective!: 2007 "Fxstreet.com. The Forex Market." All Rights Reserved.
I don't know about you, but I have never wanted to work on Wall Street, or in an exchange, or for a bank, or be a fund manager, or manage other people's money for that matter (by the way, I tried it and hated it). That's not to say those are not important or fulfilling jobs. It's just that I have never been much of an employee. I've always wanted to work for myself, and that really is just my way of saying I want to dictate when and how hard I work. You're probably not that different from me. Who doesn't want that freedom? That's what trading is to me, freedom. There are plenty of ways to make a good living in this world. But I can't throw a 90 mile-an-hour fast ball, I can't sing or dance, and I always kick myself for not thinking of putting bird seed in a balloon and selling it as a stress relieving grip ball. Oh well.
So it ain't just the money! Trust me when I tell you that trading is the hardest way to make an easy living I can think of.
I am a part-time trader. I think that people who are employed as traders are professional traders or full-time traders, but there goes your freedom out the window. I have never been great at answering to anyone as my mother will attest. And I do like to sleep in from time ...
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.