Skip to Content
Forex on Five Hours a Week: How to Make Money Trading on Your Own Time
book

Forex on Five Hours a Week: How to Make Money Trading on Your Own Time

by Raghee Horner, Jeffrey Alan Brandzel
January 2010
Intermediate to advanced
208 pages
5h 35m
English
Wiley
Content preview from Forex on Five Hours a Week: How to Make Money Trading on Your Own Time

Chapter 11. Trading Edge

The markets are your living, not your life.: 2006 "Fxstreet.com. The Forex Market." All Rights Reserved.

Figure 11.18. The markets are your living, not your life.: 2006 "Fxstreet.com. The Forex Market." All Rights Reserved.

Regardless of where you are in your trading, there are certainly aspects of it that you may be looking to improve. We all are. Even as a seasoned trader of nearly two decades, I am still looking for better ways to measure market sentiment, improve my entries, and identify market trends. No trader is ever completely satisfied, but that doesn't necessarily mean we wipe the slate clean and start from scratch. I see far too many traders all too willing to do exactly that every time they pick up a new piece of software, attend a seminar, or read the latest trading book.

There is a point that many traders reach: the point of being completely overwhelmed. The point where there is simply too much information, strategies, and indicators creating the kind of confusion and muddled trading that every trader has experienced. The great traders move through this with the understanding that in the bell curve of learning how to trade, this is where the road to trading success diverges. Winners go one way, losers the other. And funnier still is the fact that the losing path is far better beaten. Did Robert Frost have it right in "The Road Not Taken"? At this point in a trader's learning curve the process of removing what doesn't work—not necessarily adding to ...

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

AirBnbBlueOriginElectronic ArtsHomeDepotNasdaqRakutenTata Consultancy Services

QuotationMarkO’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.
Head of Cybersecurity
QuotationMarkI 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.
Field Engineer
QuotationMarkI’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.
Data Platform Tech Lead
QuotationMarkI'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.
Mark W.
Embedded Software Engineer

You might also like

The RDS Forex System: A Breakthrough Method To Profiting from Market Turning Points

The RDS Forex System: A Breakthrough Method To Profiting from Market Turning Points

Michael Radkay, Stephanie Radkay
How to Develop a Great Digital Strategy

How to Develop a Great Digital Strategy

Jeanne W. Ross, Cynthia M. Beath, Ina M. Sebastian

Publisher Resources

ISBN: 9780470436431Purchase book