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This book contain of 7 chapter. Actually there are only 6 chapter, because the last chapter is just the summary of all chapter in the book. I think the most important chapter from this book is in Chapter 1 and Chapter 2. Both chapters discuss about the wrong mentality of most forex traders. Many people believe that there are some mysterious trading system that gives a formula or a secret for generating millions with little or no risk.
Keong Hee explain about how greed and fear will constantly tend to cause bad trading decisions. He also stress the importance of cut loss and let the profit run. In theory, this seems easy and this thing is often overlooked by most traders. Chapter 2 Winning Traders Think Differently!
Keong Hee give several example that we usually encounter during our trading activity every day, like what we choose between two scenarios below. The scenarios like above frequently mentioned Keong Hee to make us understand about what we usually do subconsciously.
Chapter 3 Choosing Forex System discuss more about forex trading system. Personally, i think this is the common trading system that you can find easily on the internet. There is a useful explanation in this chapter, where Keong Hee stress more about evaluation in relation of stop loss to profit target. The width of a stop and take profit will influence the success rate of the trading system. Chapter 5 The Essence of Risk Control discuss more about psychology of risk.
The most important knowledge we can get from this chapter is about the wrong understanding among forex trader about diversification and how to decide how many lots to trade every entry setup appear. Keong Hee explain about the importance of good money management. From this chapter, we can also learn about how to measure how good a trading system.
In general, there are many things you can learn from this book. However, once again I emphasize that this is not a book that explain about good trading system, but explain more about the most important thing that successful forex trader have. If you are forex trader who still keep losing every time and keep switch from one system to another system, i recommend you to read this book.
So the rating only has one star. From 8Oct14 onward provide signal at US per month. Attractive prizes! This training program is designed to help you in the following. During these 1 month, GreenFx and Nicole endeavor to recreate on online proprietory tradingenvironment where traders to be are responsible for their own profit and loss statements, chartanalysis and risk management. Course Outline. Understanding the market you trade. Understanding yourself, your personality Setting Goals.
What is your target paycheck you want to write for yourself. Understanding Risk. When to take a loss? Indicators unique to GreenFX system will be taught from basic to advanced level. Rules and procedures to take note of. Different indicator templates for different currency pairs dependent on time frames. Top down detailed approach in chart analysis. Incorporating economic data release to trade the momentum setups available. Volume and price action analysis.
Anyone attended Yeo Keong Hee's Forex course Impressive trading results Yeo Keong Hee Forex Trader (Singapore Forex Courses Ratings: 4. jobs provide food source author different press learn sale around print course job canada process teen room stock training too credit point join science. Full text of "Colony of the Straits Settlements. Blue Book ". See other formats. This is a reproduction of a library book that was digitized by Google.