Forex: How to Quickly Lose a Lot: Real Stories from Tradefloor. The Ultimate Guide to Markets. Read This Before You Invest
By Simon Kostrava
Packed full of real-life stories, this book by Simon Kostrava seeks to show its readers the risks associated with forex trading, and how it can go catastrophically wrong for some. With chances of success never guaranteed, reading this book can serve as a stark and thankful reminder not to always go all in without having a backup plan.
It may be unusual for forex book review readers to come across a title such as Forex How to Quickly Lose a Lot: Real Stories from Tradefloor. The Ultimate Guide to Markets. Read This Before You Invest, especially when it gets compared to some incredibly optimistic labels that promise that you will make money off the back of reading them.
Simon Kostrava’s effort stands out on its own as a list of examples for what happens when people get it wrong. It then shows how traders can get it right, by avoiding the obstacles that tend to get in the way of finding success in forex trading.
Starting off with a look at leveraging and how it can be used to both a trader’s advantage and disadvantage, Kostrava laments the expected delivery of immediate financial gain that he says stems from the positive images put across in successful movies, and that great results in forex trading can only come from one thing: hard work.
By focusing on the negatives in forex trading, Kostrava may find himself in a small band of authors, but this does not mean to say that it does not contain valid concerns that should be heeded.
If factual stories that highlight trading decisions that have gone horribly wrong allow one of his readers to avoid such a mistake, then the job has arguably been done. This book is useful for anyone who likes to have clear warning signs when trading.
Length: 52 pages
Publisher: CreateSpace Independent Publishing
Publication Date: October 27, 2016