who parlayed 25,000 into 2 billion! You can download it here for free). However, if youre brand new to trading, you may not enjoy this book as it requires a basic understanding of technical terms. What I like about this book Not only does Andreas Clenow uses statistical evidence and backtested results to back up his claims, he also walks you through the trades the strategy would have executed and the psychological aspect of trading, on a year by year. What I like about this book His take on price action trading differs from whats being regurgitated elsewhere because he goes into a much deeper level. Youll learn what are the important news release to pay attention to and why. Then, it tells you why the odds are stacked against you (the retail trader) and how you can apply specific trading strategies to level the playing field.
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But if youre looking for specific trading strategies and techniques, then this book isnt for you because its more of a biography than valuuttamuunnin forex a how-to book. Youre probably wondering: Whats that? What I dont like about it Theres no logic or statistical validity to prove that the technical trading strategies work. What I like about this book. But if you dont trade stocks, then this book isnt relevant to you. He uses a trading strategy called the canslim method which combines both technical and fundamental analysis, which is covered in this book. The interview contains legendary traders like of Paul Tudor Jones, Ed Seykota, Richard Dennis, and etc. The New Market Wizards, this is a follow-up to the earlier Market Wizard book and is written in the same format. In this book, he talks about the key ingredients to successful trading, why some traders succeed whereas others fail, and how to find the correct stocks to trade. He uses a similar trading approach to the canslim system, which combines both technical and fundamental analysis.