FOREX: Learn the simple and proven 3w system to make money in any market
By Sumit Das
This book was written by a successful trader looking to share strategies that can help establish a trading career. These real-world experiences are always useful for those looking to learn more about the industry. But this book does have a few drawbacks. Technical indicators aren’t really covered here, and there’s a sense that the author’s three-pronged strategy is inevitably restricted. However, it’s still a good read for those who want to build their list of effective strategies.
This readable book is designed to give traders a good overview of a range of techniques that have been used by the author. The author’s “Three W” system is a compact and neat way for traders to understand the approach outlined, although by its restricted nature it can’t even begin to touch on all the different strategies out there. So a diligent trader will, in reality, need to do some additional research. This book also focuses on other accessible techniques used by the author, including the “2% rule”, and explains how they can be applied.
Das’ book is upfront and honest about how it can – and can’t – help traders. Such a straightforward attitude is refreshing when other sources of information sometimes make unrealistic promises. As the author notes, this is not a get rich quick scheme. So if you’re a serious, well-practiced trader who is looking for additional strategies to utilize rather than wasting time on unattainable targets, this book is ideal for you.
It should be noted, however, that the author (and by extension the book) avoids looking too closely at technical indicators – so if you need a strategy which focuses on this, you should perhaps consider a different resource.
Format: Kindle Edition
Length: 60 pages, 3226 KB
Simultaneous Device Usage: Unlimited
Sold by: Amazon Australia Services, Inc.