Adventures of a Currency Trader: A Fable about Trading, Courage, and Doing the Right Thing (Wiley Trading)
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Average customer review:Product Description
Praise for ADVENTURES of a CURRENCY TRADER
"A truly easy, unique, and enjoyable read! Rob has done it once again to teach us in the funniest way possible how not to make the most common trading mistakes. If you are tired of reading how-to books, this is perfect for you. I highly recommend this book to all traders. Everyone will learn something about themselves by reading this book."
—Kathy Lien, author, Day Trading the Currency Market, and Chief Strategist, www.dailyfx.com
"Adventures of a Currency Trader is a must read for anyone who has ever traded or is thinking about trading in the Forex markets. Rob Booker has a unique way of taking years of market knowledge and transforming it into an educational and entertaining experience. It has quickly become a cult classic in my trading library!"
—H. Jack Bouroudjian, Principal, Brewer Investment Group
"Brilliant! Rob's humor and humanity shine through in this parable about trading and life. Filled with wisdom and wit, it's an exhilarating rollercoaster ride through the peaks and valleys of the learning curve, with many valuable lessons learned along the way."
—Ed Ponsi, President, FXEducator.com
"Rob's fable of everyman 'Harry Banes' is destined to become a trading classic. This is both the missing piece and the foundation that comes before the strategies and methodologies. The search for the Holy Grail begins and ends in the heart and mind. The journey is authentic and real and if you're willing to take it with Rob, you will be rewarded in the end. Seldom has psychology and wisdom been so entertaining!"
—Raghee Horner, trader and author of Forex Trading for Maximum Profit and Days of Forex Trading
"In a series of insightful and entertaining vignettes, Rob Booker teaches both the novice and the experienced trader some hard won truths about the currency market. It's a must read book written by a guy who survived the trenches and went on to prosper in the biggest and most competitive financial market in the world."
—Boris Schlossberg, Senior Currency Strategist, Forex Capital Markets LLC, and author of Technical Analysis of the Currency Market
Product Details
- Amazon Sales Rank: #110952 in Books
- Published on: 2007-02-09
- Original language: English
- Number of items: 1
- Binding: Hardcover
- 240 pages
Features
- ISBN13: 9780470049488
- Condition: NEW
- Notes: Brand New from Publisher. No Remainder Mark.
- Click here to view our Condition Guide and Shipping Prices
Editorial Reviews
Review
"…you will find this book riveting and occasionally amusing, but nothing less than eye-opening." (Securities & Investment review , June 2007)
From the Inside Flap
Let author Rob Booker introduce you to Harry Banes. Harry represents every trader. He doesn't start trading with a huge amount of money, and his ambition is larger than his ability. His financial situation and life as a new trader may be difficult, but his determination allows him to prevail in Adventures of a Currency Trader. ?
Funny, entertaining, and, above all, educational, Adventures of a Currency Trader demonstrates exactly what it takes to capitalize on today's volatile and potentially profitable foreign exchange markets. Told through the eyes of a fictional character by the name of Harry Banes—an aspiring trader who works as a filing clerk in a busy New York law firm—Adventures of a Currency Trader explains in a powerful and compelling manner how you can implement a consistent trading approach in the foreign currency market and become a financially independent currency trader in the process.
There's a little bit of each of us in Harry Banes, and as the story progresses, you'll discover how to turn the lessons outlined in this book into potentially profitable trades. Harry admits early on that he's a rookie trader, which won't adequately prepare you for how bad he really is. But we'll stand by him as he picks himself up from early disappointments and begins to implement the wise counsel of a veteran trader—Harvey Winklestein—who agrees to mentor him.
From Harry's experiences, you'll learn how to recover from disastrous losses, set yourself up as a full-time trader, and talk to loved ones about what you're doing. But that's not all. Through Harry's numerous journeys, you'll also discover how to create reliable charts, perform the proper type of analysis, and make effective trades. Most importantly, you'll learn how to generate substantial profits—and keep them.
Both technical and motivational in nature, Adventures of a Currency Trader is a unique guide to trading that will provide you with a solid foundation in this field. Filled with hard-won wisdom borne of real trading experiences, Adventures of a Currency Trader is destined to become a classic of trading literature.
From the Back Cover
Praise for ADVENTURES of a CURRENCY TRADER
"A truly easy, unique, and enjoyable read! Rob has done it once again to teach us in the funniest way possible how not to make the most common trading mistakes. If you are tired of reading how-to books, this is perfect for you. I highly recommend this book to all traders. Everyone will learn something about themselves by reading this book."
—Kathy Lien, author, Day Trading the Currency Market, and Chief Strategist, www.dailyfx.com
"Adventures of a Currency Trader is a must read for anyone who has ever traded or is thinking about trading in the Forex markets. Rob Booker has a unique way of taking years of market knowledge and transforming it into an educational and entertaining experience. It has quickly become a cult classic in my trading library!"
—H. Jack Bouroudjian, Principal, Brewer Investment Group
"Brilliant! Rob's humor and humanity shine through in this parable about trading and life. Filled with wisdom and wit, it's an exhilarating rollercoaster ride through the peaks and valleys of the learning curve, with many valuable lessons learned along the way."
—Ed Ponsi, President, FXEducator.com
"Rob's fable of everyman 'Harry Banes' is destined to become a trading classic. This is both the missing piece and the foundation that comes before the strategies and methodologies. The search for the Holy Grail begins and ends in the heart and mind. The journey is authentic and real and if you're willing to take it with Rob, you will be rewarded in the end. Seldom has psychology and wisdom been so entertaining!"
—Raghee Horner, trader and author of Forex Trading for Maximum Profit and Thirty Days of Forex Trading
"In a series of insightful and entertaining vignettes, Rob Booker teaches both the novice and the experienced trader some hard won truths about the currency market. It's a must read book written by a guy who survived the trenches and went on to prosper in the biggest and most competitive financial market in the world."
—Boris Schlossberg, Senior Currency Strategist, Forex Capital Markets LLC, and author of Technical Analysis of the Currency Market
Customer Reviews
BRILLIANT FICTION LACED WITH PRACTICAL WISDOM
Booker did a brilliant job of balancing the dramatic impact of the fictional aspects of this book with the solid non-fiction wisdom he wanted to impart to the reader.
I very easily and painfully (ouch!) identified with the many beginner mistakes the book's hero "Harry Banes" made at the start of his trading experiences. These experiences gave me a greater insight as to why I made the same mistakes in my trading. The book helped me develop a systematic approach to trading based on logic and solid experience vs. emotion and wishful thinking.
I am so glad thatI no longer crave the emotional rollercoaster ride of impulsive day trading. Now I find entering fewer and well thought out trades based on long range goals a lot more satisfying than the frenzied rush of day trading. The biggest gift this book gave me was teaching me that there are more rational and peaceful ways to trade profitably. I would recommend this book very highly to all traders, but especially to the beginners.
Trading discipline
It describes about the emotional and mental revenge of the author's friend - Banes to the currency trading. Really good for beginner and novice traders, in order to avoid the same mistakes of personal discipline matters involving currency trading.
Good Read, but only tells what can be wrong ...
It is in a story form and lets you read quickly. Telling you about how a novice can get everything wrong, but then how to make it right was not cover in detail, probably making it too easy. The man in the book more or less lost his account in the first few trades, very typical, but then he can do it right and start making money soon afterward, not very typical .... my understanding.
Overall, fun to read, but I don't learn much from it.



