Wealth Express: A 30-Day Chronicle of Forex Trading

Author: Jiang He
Publisher:
Publish Date: 2006-01-01
Features: Most investors believe, "Since I'm trading forex, I must make huge profits, at least 500%." In fact, Buffett, Peter Lynch, and Soros' compound returns over the years have been around 30%. Spending all day in front of the trading platform can easily make you lose yourself, as you tend to only see the trees and miss the forest. Soros once said, "In the financial market, the news itself is not important; what matters is people's reaction to the news." Stanley Crow once said, "Unless you find the market so simple that it's like bending down to pick up money from the corner of the wall, don't do anything." French President Jacques Chirac believed that the entire financial industry was despicable. He called over-leveraged traders the "HIV of the global economy." The famous Swiss trader Slough said that the job of a trader is "trained speculation." This book is not just a read on theoretical knowledge, but a record of forex trading strategies and real-time notes on prediction ideas and insights. The main content consists of the trading discussions of a famous trading strategist, Mr. Bill, leading four traders in a continuous battle of 30 trading days in Canada. During the trading process, mistakes, even serious mistakes, are inevitable. Precisely because of this, the book is more authentic in helping readers objectively and vigilantly recognize the risks of forex trading. Therefore, it enables readers to see the impact process of prediction methods and trading psychology on trading results that cannot be specifically described in general forex teaching materials.