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Getting Started in Forex Trading Strategies

Average Customer Rating: (based on 6 reviews)

(4.5 stars vs. 4.0 category average)

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Recommendations by Profile:

Casual Trader
6 of 6
100%
Intermediate Trader
0 of 0
0%
Expert Trader
0 of 0
0%
All Traders 6 of 6 100%

Recommendations by Usage Length:

A month or less
1 of 1
100%
1 - 3 months
1 of 1
100%
3 - 6 months
1 of 1
100%
6+ months
3 of 3
100%
All Traders 6 of 6 100%

Characteristics:

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Description: (view full)

Written in a straightforward and accessible style, Getting Started in Forex Trading Strategies is a highly visual guide to foreign exchange trading that introduces you to the Codex Method-a proven process that allows you to tailor a trading strategy to your own personal preferences. Divided into four comprehensive parts, this reliable resource opens with a brief overview of traditional FOREX strategies. From here, author Michael Duane Archer outlines his own personal codex-as he guides you through the process of developing yours-and reveals how to use this approach to make, monitor, and exit a trade. Along the way, Archer reveals the best ways to implement your strategy and discusses the importance of consistently keeping trading records.

Single Review: (view all 6 reviews)

lawsenb
lawsenb

Casual Trader

I highly recommend this book.

8/25/2009

1 of 1 customers found this helpful (100%)

Pros:
None
Cons:
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Bottom Line:
Yes, I would recommend this to a friend
Quote:
I highly recommend this book. I absolutely agree with Mr. Archer when he puts emphasis and much importance on money management. How can traders trade if they have no money because they keep on losing it? Beginner traders should learn the art of self-discipline as one of the components in their trading strategies. Otherwise, they’ll be out sooner than they expected.
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