As the fate of the dollar against foreign currency generates both anxiety and opportunities, currency trading has been drawing much interest and a growing following among traders in the United States. The Forex market is particularly attractive because it trades with no gaps and has unlimited guaranteed stop–losses. The liquidity of the Forex market and worldwide participation makes for more reliable and longer lasting trends as well.
Raghee Horner, legendary not only as a top Forex trader but as a master teacher of trading systems and techniques, draws on her winning tools and methods, including classic charting techniques, in this book. She′ll enable you, regardless of your skill level as a trader or investor, to understand how the Forex operates and lays out a blueprint for getting starting in this little–understood but high–potential trading vehicle.
From the Inside Flap
Making A Fortune in the World's Most Dramatic Market With no commissions, 24 hour accessibility, and gap-less chart patterns, it is no wonder that the foreign exchange (FX) market continues to draw more and more interest from traders around the world. If you're ready to venture into this fast-paced world and stake your claim, you must first acquire the skills that will help you make the most in the FX market--because if you're uniformed, you will underperform. Written by Raghee Horner--one of the top FX traders in the country and a master teacher of trading systems and techniques-- Forex Trading for Maximum Profit offers a comprehensive road map to getting started in this little-understood, but highly-profitable arena. By sharing her winning tools and methods, including classic charting techniques, price action, and market psychology, Horner enables traders and investors of any skill level to capitalize on and make money from the FX market. Throughout the text, she lays out a blueprint for trading success. And through this book's companion CD-ROM, you'll be virtually transported to Rahgee's trading desk where she'll show you--by illustrating actual, real-time trades and techniques--how to put what you've learned to work. Filled with in-depth trading insights and practical advice, Forex Trading for Maximum Profit contains everything you need to succeed in the FX market. By becoming more familiar with this dynamic market and understanding Raghee's thought process as she trades in it--a process that has helped her achieve a typical per-trade return of 34% you'll be prepared to take your first step into FX with confidence.
From the Back Cover
"Raghee does a great job of presenting an overview of the FX market and the strategies she uses in her own trading. If you are tired of reading academic books on the Forex market and are looking for a trader′s perspective, this is the book for you." David Waring, Forex Capital Markets, LLC
"Raghee Horner′s successful approach to trading is exactly what traders have been searching for. Her Forex strategy can be applied to all vehicles for trading too! A must–read for anyone trading and investing in the Forex currency markets or using technical analysis in general." Jerry Furst, Investors Education Network
"Raghee is an experienced trader with a fresh perspective in her teaching style. She has taught her brand of technical analysis and charting strategies to students all over the world. Raghee′s philosophy is to teach the tools and strategies that encourage self–directed traders to pursue the study of technical analysis and market psychology." Ralph Finelli, eSignal
Skills You′ll Learn
After you finish this instructional and informative book, you′ll know:
- How the Forex market works
- How and why to set stops according to price levels and trends
- How to trade a 24–hour market and still sleep soundly
- How to enter your orders properly and avoid common execution errors
- How to make the proper trade for your account and trading style
- How to trade the Forex market regardless of your account and trading style
- How to eliminate fear and amplify confidence
- How to turn setbacks into comebacks
- How to eliminate self–defeating emotions
- Which pairs to trade
- Which time frames to trade
- And much, much more!
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