Naked Forex: Probability Techniques for Trading Without Indicat
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- Other > E-books
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- 7.38 MiB (7740190 Bytes)
- Texted language(s):
- English
- Tag(s):
- Naked Forex High-Probability Techniques Trading Without Indicators
- Uploaded:
- 2013-06-19 16:19:58 GMT
- By:
- mdusanjay
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- 12
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- Info Hash: 55387EF19A65EC5BC288F6B91FE24287A5578CA0
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Naked Forex: High-Probability Techniques for Trading Without Indicators by Alex Nekritin, Walter Peters Ph.D. 2012 | ISBN: 1118114019 | English | 288 Pages | PDF | 7.40 MB A streamlined and highly effective approach to trading without indicators Most forex traders rely on technical analysis books written for stock, futures, and option traders. However, long before computers and calculators, traders were trading naked. Naked trading is the simplest (and oldest) trading method. It's simply trading without technical indicators, and that is exactly what this book is about. Traders who use standard technical indicators focus on the indicators. Traders using naked trading techniques focus on the price chart. Naked trading is a simple and superior way to trade and is suited to those traders looking to quickly achieve expertise with a trading method.
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There are no magic tricks to forex, it's a probability game.
The pro trader:
1. Puts odds in his favor (Trend, Visual Support/Resistance lines, Fundumental analysis)
2. Takes his bet, if he's wrong he exits ASAP, if he's right, ride the unlimited upside until stopped out by pre-defined exit strategy.
Odds + limited downside + unlimited upside = Rich
Heck, even with 50% success rate you will be rich.
The pro trader:
1. Puts odds in his favor (Trend, Visual Support/Resistance lines, Fundumental analysis)
2. Takes his bet, if he's wrong he exits ASAP, if he's right, ride the unlimited upside until stopped out by pre-defined exit strategy.
Odds + limited downside + unlimited upside = Rich
Heck, even with 50% success rate you will be rich.
@korvix Thank you sir. I'm quite new and got so much more to learn. I'll keep that in mind.
Thanks to @mdusanjay as well for uploading this!
Thanks to @mdusanjay as well for uploading this!
korvix, so how come that 90% of the traders are losing? lol
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