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Turning Losing Forex Trades into Winners

Proven Techniques to Reverse Your Losses

Greene, Gerald E.

Wiley Trading Series

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1. Auflage Juli 2008
240 Seiten, Hardcover
Fachbuch

ISBN: 978-0-470-18769-2
John Wiley & Sons

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Turning Losing Forex Trades into Winners

"This book offers traders an opportunity to reduce losses and exposure to margin accounts. Excellent!"
- Don Snellgrove, BMed, professional trader; founder and President of CFGtrading; and author of Selective Forex Trading

Forex trading is a zero-sum game, where one trader's winnings are another trader's losses. To excel in this arena, making the right decisions is important, especially when a trade goes against you.

Author Gerald Greene-an accomplished trader and developer of real-time charting software for Concorde Forex Group-knows what it takes to overcome the occasional obstacles that this market presents, and now, with Turning Losing Forex Trades into Winners, he shares his valuable insights with you.

Written in a straightforward and accessible style, this reliable resource-which takes a technical approach to trading-will put you in a better position to manage losing trades and make the most of prevailing market conditions. Some of the essential tools and techniques discussed throughout these pages include:
* Trend lines and trend walls
* Stochastics
* Convergence and divergence
* Fibonacci ranges
* Cost averaging
* And much more

Rebounding from losing trades is difficult, but not impossible. With Turning Losing Forex Trades into Winners, you'll be prepared to face this challenge with the confidence that you can respond and recover from anything the market throws your way.

Forward.

Acknowledgments.

Introduction.

Chapter 1. Trading Systems.

Chapter 2. Trend Lines & Trend Walls.

Chapter 3. Convergence & Divergence.

Chapter 4. The Bad Trade.

Chapter 5. Bad Trade Recovery.

Chapter 6. Loss Recovery with MACD.

Chapter 7. Loss Recovery with Stochastics.

Chapter 8. Loss Recovery with Moving Averages.

Chapter 9. Loss Recovery with Fibonacci Ranges.

Chapter 10. Loss Recovery with Trend Lines.

Conclusion. Loss Recovery in Practice.

Appendix. Ten Pips per Day.

About the Author.

Index.
Gerald E. Greene is Senior Vice President of Concorde Forex Group, Inc. He publishes a Forex commentary three times each day, during the London market hours, for Concorde Forex traders worldwide.