Turning Losing Forex Trades into Winners: Proven Techniques to Reverse Your Losses (Wiley Trading) |  | Author: Gerald E. Greene
Publisher: Wiley
Category: Book
List Price: $85.00
Buy New: $43.00
as of 7/31/2010 12:34 CDT details
You Save: $42.00 (49%)
New (27) Used (15) from $38.93
Seller: AASBooks
Rating:  6 reviews
Sales Rank: 393694
Media: Hardcover
Pages: 224
Number Of Items: 1
Shipping Weight (lbs): 0.9
Dimensions (in): 9.1 x 6 x 1.1
ISBN: 0470187697
Dewey Decimal Number: 332.45
EAN: 9780470187692
ASIN: 0470187697
Publication Date: June 23, 2008
Availability: Usually ships in 1-2 business days
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Product Description
An effective way to reverse a trade's fortune
Almost all trading books focus on "winning" trades. But winning trades can be hard to come by, especially when you're just starting out. Turning Losing FOREX Trades into Winners takes a look at this discipline from a different angle, examining effective methods for dealing with trades that are in a losing position. First, it guides the trader through the various steps of determining if a trade is with or against the overall trend. Then, it explains how to decide when a trade should be closed or left open. While this reliable resource is filled with in-depth insights and expert advice that will help readers gain a better understanding of today's FOREX market, it also contains hundreds of chart examples that will provide step-by-step instructions on how traders can recover from losses.
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| Customer Reviews:
Showing reviews 1-5 of 6
 The title says it all June 19, 2008
Geoffrey N. Ingram (Centerville, OH)
8 out of 12 found this review helpful
This was an excellent read. I bought this book partially because of the title "Turning Losing FOREX Trades into Winners." You see, I'm definitely one of those that had some losing trades and I thought it would be refreshing to read something that dealt with my reality.
Initially, I was simply hoping for some tips on when to reverse a position, and while I found that, I found it while getting something I wasn't expecting. The whole book is loaded with images (the second half seems to have more real estate given to visuals than to text) that deal with the practical reality of entering trades in "gray areas." That is, instead of focusing on the fairly rare "perfect entry," the book deals with what the market actually looks like every day, where you simply don't see the prototypical entry. It does show trader's dream entries, but only to make a point. Then it goes on to show multiple cases of what you can expect to actually see.
The text seems organized to allow beginners to get a greater feel for the topic while allowing experienced traders focus on specific trading techniques. Being somewhere in the middle, I found the explanations helpful, yet I'm keeping the book/website open to specific sections. It's certainly worth the investment.
Buen libro August 11, 2008
Gustavo Alberto Salazar Jimenez (Colombia :))
0 out of 5 found this review helpful
Sencillo y con bastantes ejemplos que muestras las posibles situaciones que día a día como trader enfrentamos.
Permite explorar herramientas que pueden hacer que recupere ciertas entradas
pero como los es en todo lo relacionado con el análisis técnico, el backtesting y la personalidad del trader lo es todo
A Wealth of Knowledge December 3, 2008
0 out of 5 found this review helpful
Gerry really helped me with keeping my trading in the positive. The techniques that he goes over in the book are prices less. Chapter 5 is a must read for any forex trader.
Thanks again for sharing your priceless knowledge.
Excellent addition to my library August 9, 2008
John H. Sweet (Cary, NC United States)
3 out of 11 found this review helpful
I have been trading for years and the FOREX for four years and this is one of the best books I've read on the subject. I highly recommend it.
All about winning trades May 31, 2009
Forex Novice (MO, USA)
0 out of 6 found this review helpful
Turning Losing Forex Trades into Winners has lot of great stuff for both beginers and professional traders. Author, Gerald Greene has explained the techniques in detail with numerous visuals. I used many techniques for my initial entries and was successful. Chapters 1,2,5 and 10 are my favourites. Despite the name, Turning loosing trades into winners the techniques in the book can also be used to be winners from the get go. This will be a great asset to anyones trading knowledge
Showing reviews 1-5 of 6
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