September 2008
Beginner
252 pages
5h 53m
English
Content preview from The FX Bootcamp Guide to Strategic and Tactical Forex Trading
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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.
Natural Born Traders
Was I a natural born trader? Hardly! I had the worst instincts and my gut feeling was always wrong. I think I was born the world’s worst trader. However, my trade journal improved my trading right away.
I documented every trade in my trade journal. I would grab a screenshot of my trade and then enter it into the journal, which was an Excel spreadsheet. After entering all my financial data, I would insert long and detailed notes of why and how I made the trade.
This forced me to think about it. Why did I take the trade? What justified the risk? Why did I get out? This allowed me to relive each of my trades.
Remember, your mind does not know the difference between your last trade and your current trade. To your mind, both are real and in the moment. Just thinking about the details of my trades was like making the trade all over again. My trade journal doubled my trade experience instantly.
I really needed this experience as well. I needed to get past my lousy feel for the market. I needed more control, and I achieved this by planning my trades. Then, by reviewing my trades, I learned from each of my wins and each of my losses.
The trade journal then became a check and balance. I found that if I wasn’t certain about the trade setup, I didn’t make the trade because I didn’t want to have to put it into my trade journal. It was like I was looking over my own shoulder.
The judge and jury for my trades became my journal. I needed to make sure I had a strong ...
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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.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.