alternatives either trading via a pure ECN broker or going even farther and trading FX via an exchange (for example, ICE )? While he is right on many occasions and offers some firsthand knowledge, I will abstain from recommending this book to anyone. Pokud jet nemáte et, zaregistrujte. Tharp gradually entering and exiting positions is a bad idea (unless there is some liquidity problem fiddling with the position deep in red instead of closing it right away will make you no good either. Unlike most of the others, that either introduce you to the currency market or teach you to some trading techniques, this book is mostly a warning.
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Also, uses a straw man argument against the automated trading and analytical forecasting models. None is youtube forex fibonacci retracement offered here. If they are so crooked that they hunt your stop-loss, add extra slippage and deny your trades, what is the guarantee that they will not just block your deposit? There is also an, appendix with some good (and bad) advice including a subsection on how to deal with a bad trade gone really bad. You do not need to beat the dishonest dealers you have to stay away from them! A new edition would fix this drawback, but in its current state. If you have any questions, comments or opinions about Beat the Forex Dealer by Agustin Silvani, please feel free to post them using the commentary form below. You can close the. Overall, this book has left a rather negative impression on me. When the author uses controversial claims, it is better to have at least some statistics at hand to verify them.
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