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Take an in-depth, how-to look at Forex trading using the methods, analysis, and insights of a renowned trader, Raghee Horner.
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.
- Sales Rank: #551729 in Books
- Published on: 2004-12-27
- Original language: English
- Number of items: 1
- Dimensions: 9.60" h x .78" w x 7.80" l, 1.27 pounds
- Binding: Hardcover
- 216 pages
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!
About the Author
RAGHEE HORNER is an accomplished trader with more than fifteen years in the markets. Raghee is an international speaker who teaches her brand of technical analysis and charting strategies to students around the world. She has written more than 100 articles on investing, active trading, and market psychology. Her chart analysis and commentary have appeared on Trading Markets.com, JAGNotes, StockCharts.com and FXStreet.com.
Most helpful customer reviews
1 of 1 people found the following review helpful.
Good for reading the market and an example of a badly written book.
By ZakkisGod
I was expecting a trading system. This book falls short of this. Raghee give the reader an over view of three entry set ups. She gives the reader examples of different market modes. A promise in the book was a future book of all her trades ( looking over her shoulder) but it never came out. Her style of writing is scattered and the book needs to be revised at least three more times. She states she was an English major in college but never finished a degree. She gets off topic allot which makes me wonder what her grades were in college. She also states she is a lawyer in training and this talent comes out by dancing around a full training system for the different market modes. The book lacks allot of details. Lastly, she seems she is up selling you to a mentor service. Her income streams seem to come from market commentary in the media, mentor service, books, promoting software and working for a FOREX brokerage. I am still wondering if she makes any money in the FOREX or futures market.
0 of 0 people found the following review helpful.
She coulld make it better
By HEC
In general the content is good, it's simple and I (as a trader) thing her methods or setups are effective because again they are simple and basics (KISS) but her explanation are not good.
Sometimes I thought her explanations were nothing about their related charts or may be it was because I couldn't read the graphs.
And the charts are very small, they can't be smaller and harder to read at all.
The prices is too high for the contents and its charts.
If you want a brief of this book: ....There is not Holy Grail, go back to the basics and simple methods that she explained.
I think she should make another better version
0 of 0 people found the following review helpful.
not what I expected after other interesting reviews
By JCSunshine
this book is not for beginners, also the tech used is the first time I saw it after many books , that Wave and that Clock far from easy to get, also there is a lack of pinpoint when the author is explaining graphics, like other books, I which I have the CD but the one I received was useless , it did not opened in any of my three laptops.
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