The Consistent Trader: How to Build a Winning Trading System, Master Your Psychology, and Earn Consistent Profits in the Forex Market
By Sam Eder
Synopsis:
In this book, Sam Eder covers everything that online traders need to know to get started and build a consistent trading system in today’s forex markets. As the title suggests, this book is not only about techniques but also covers the mindset needed to survive as a trader in the fast-paced, sometimes stressful world of forex trading.
Review:
This book covers the techniques, tools, strategies and mindset needed to get into forex trading and build a solid system. The author delves into the psychology of trading and explores the beliefs of highly successful forex traders, and how his readers can adopt and use these beliefs.
Sam Eder is an experienced and well-respected trader, and the owner of forex trading business, FX Renew. This book is based on his successful “Forex Course for Smart Traders”, distilling the tips and information from the course into one easily digested resource.
Topics covered by the book include how to set simple trading objectives, how to develop a trading model that allows you to spot opportunities and minimize mistakes, how to identify a “low risk, high reward” market entry point, and how to develop a master trader mindset.
While the book covers all the technical aspects of trading that you would expect, including things such as entry and exit points, technical indicators and risk management, what sets it apart from some other books on the market is the way the author goes beyond that. Eder addresses the discipline, goal-setting, responsibility and gutsiness needed to be a successful trader, and for many readers, that will be the main takeaway of this book.
Details:
ISBN-10: 1631610252
ISBN-13: 978-1631610257
ASIN: B06VTVZF25
Publisher: TCK Publishing
Format: Kindle and Paperback
Publication Date: February 11, 2017
Print Length: 302 pages
Language: English
