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Read this book

The single most important book I've ever read is Trade Your Way to Financial Freedom by Van K Tharp. The two most important parts of this book are on expectancy and position sizing. Read this book. Successful traders apply the insights Van details in this book with laser focus. Highlight it and then read it again. It will make you a better trader.

We aren't the only ones who believe this is a masterpiece. Ed Seykota (a trading legend) called this book, "one of the three best ever written." If anyone reading this knows Ed please have him forward me his other two recommendations. Change what you think you know about trading and pick up this book. You can buy it new for under $20 on Amazon. If this book doesn't change how you trade then read it again - you missed something.

 

Note: The Foreign Exchange market is the largest financial market in the world with an average daily turnover of 2 trillion dollars. It is thirty times larger than the combined volume of all US equity markets.

Disclaimer: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors.  Prior to trading any instrument you should carefully consider your level of experience and risk appetite. Do NOT trade based on recommendations from this site. We show you how to think for yourself. If you lose money be man or woman enough to accept responsibility for your own actions   

Quote: Warren Buffet

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