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
Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
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 7. Around the World
Figure 7.11. Effective order entry will allow you to walk away!: 2006 "Fxstreet.com. The Forex Market." All Rights Reserved.
Let's preface this next discussion with the fact that many of us have attended one of the many traveling shows that come to our town talking to us about forex trading and the wonderful world of this 24-hour market. If you are expecting me to bash these, I'm not. If you were introduced to this market by some such presentation, well then, that was worth your time and you had the knowledge to go out and seek more knowledge, which no matter who it comes from, can be a valuable gift—if you know what to do with it. If you bought the course, software, book, DVD, whatever, I'm quite certain no one put a gun to your head. So let's move on. It's a fresh start.
Two of the most compelling features of the forex and the ones most touted are the 24-hour trading time of the foreign exchange and the fact that it is the largest market in the world. Both in fact are true but exaggerated. How about the fact that there is always a bullish market in the forex? Also true, but you need to find the pair that is trending higher.
If you were to ask me what the biggest misconception most traders have about this market, the one thing that is completely overused and misunderstood, it's that this market trades 24 hours a day. Now what a minute, Raghee, you just said ...
Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.
Read now
Unlock full access
More than 5,000 organizations count on O’Reilly
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.Julian F.
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.Addison B.
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.Amir M.
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.