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Book details
  • Genre:BUSINESS & ECONOMICS
  • SubGenre:Investments & Securities / General
  • Language:English
  • Pages:177
  • eBook ISBN:9781626756335

Forex Secrets

Successful Scalping Strategies from the Dark Side

by Timothy LuCarelli

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Overview
Forex Secrets places a strong emphasis on self risk assessment as well as strict money management techniques. If anything this is really more a book about developing proper risk tools that relate to strong money management principles through the use of well thought out organizational skills directed at developing a trading algorithm. It is a book geared towards all people interested in day trading techniques whether they are beginners or advanced traders. Contained in Forex Secrets are 11 proven strategies and 11 trading secrets the author has successfully used over the last 25 years. You will find this book to be a great reference for many years.
Description
Forex Secrets – From a 25 Year Currency Trading Veteran – Successful Scalping Strategies from the Dark Side; has been written from the comprehensive standpoint of a quarter century of trials, errors and successes. Every trader is different and while the book is directed at a very broad based audience it tries to force the reader to develop their own scalping strategies using the many tested methods put forth by the author. Forex Secrets places a strong emphasis on self risk assessment as well as strict money management techniques. If anything this is really more a book about developing proper risk tools that relate to strong money management principles through the use of well thought out organizational skills directed at developing a trading algorithm. It is a book geared towards all people interested in day trading techniques whether they are beginners or advanced traders. Contained in Forex Secrets are 11 proven strategies and 11 trading secrets the author has successfully used over the last 25 years. You will find this book to be a great reference for many years. Even though the discussions throughout the book are geared towards scalping the Forex markets, all strategies can be applied to other volatile investment markets and time frames that will enhance the reader's overall investment abilities. Forex Secrets forces the reader into a soul search that can develop and enrich their own style of investing.
About the author
Mr. LuCarelli started investing in the early 1980's under the tutelage of his father who is an avid stock investor. In 1988 Mr. LuCarelli was invited to join a group trading Swiss Franc and D-Mark currency futures on one of the first electronic platforms. Because of his love for economics coupled with his new found interest in currencies Mr. LuCarelli's investment career blossomed progressing to interest rates and equities managing all aspects of investments. As his career developed Mr. LuCarelli authored worldwide investment newsletters and wrote many articles on economics, interest rates and currencies. He has managed money and performed various hedging strategies in a variety of situations. He is passionate about the quantification of technical and fundamental analysis, economics, the markets and developing accurate trading strategies. Mr. LuCarelli is a graduate of DePaul University in Chicago. His thesis Risk and Money Management of Investments won the school's top award for his graduating year.
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