The latest trading e-book that has been uploaded to my site is “Trading as a Business” by unknown author. It’s difficult to categorize this book as it’s quite unusual. It tries to teach the reader to treat the financial trading (for us — it’s Forex trading) as any other business, with it’s income and spending, profit and losses. A very big part of the book is dedicated to the process of creation of the trading strategy, its development and improving and also the techniques that would allow traders easily follow their strategy. This book is mostly recommended to the more or less experienced traders that want to make one step closer to becoming the professional Forex traders. If you are interested, you can download this e-book:
If you have any questions or comments regarding this book about trading as a business, please, feel free to reply in the comments below.
The book was written back in late 90’s. Do forex trading strategies still work?
It’s difficult for me to imagine that trading strategies that are developed by humans as opposed to computers can still make money.
I’m only learning about forex but I would like to know if professional forex traders use strategies … or they focus on technical analysis.
Thanks in advance.
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Andrei Reply:
November 15th, 2009 at 9:27 am
Yes, markets change, new currency pairs are introduced, the volatility changes, but the strategy building techniques aren’t different from what it was 10 years ago. The book won’t give you some exact strategy, it will teach you how to develop a good one and how to define a good one from a bad one.
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