Think Big:Going Beyond The Market
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About this ebook
This is a guide for budding all traders around the world to havce the very same perspective towards the markets so that losing capital cannot be part of one's journey.
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Book preview
Think Big:Going Beyond The Market - Charles Tsiri
About the Authur
If you're reading this book you've probably bought it or maybe a friend passed it on to you but I am just glad that you are here.So I wrote this for most of the traders out there to be able to read the price because in my short period of my trading time that's what I've realized that most of they rely on systems in order to be profitable so what I'm trying to emphasise here is that if you love something you've gotta go after it with patience and perseverance in order to upcome with great results.So I hope you find the knowlwdge and the understanding
you seek in this book so without any waste of time let's get to it and I wish you luck on your trading journey.
COURAGE IS THE STANDING ARMY OF THE SOUL WHICH KEEPS IT FROM CONQUEST, PILLAGE AND SLAVERY -Henry van Dyke
DISCLAIMER!!!
FOREIGN EXCHANGE IS A VERY RISKY PLATFORM FOR TRADERS SO THE AUTHOR OF THIS BOOK WILL NOT BE HELD RESPONSIBLE FOR ANY LOSSES REGARDING TO THE INFORMATION PROVIDED IN THIS BOOK NOT IF YOU CAN USE IT SMART AND BE CONSISTENT THROUGH OUT THE WAY AND BE SERIOUS ABOUT YOUR THE TRADING JOURNEY THEN YOU CAN MAKE IT.AND FOR WHERE YOU DON'T UNDERSTAND SEEK FOR MENTORSHIP OR SOMEONE INTERESTED IN HELPING OTHER BECAUSE BEING ALONE IN THIS TRADING WORLD CAN BRING OUT THE BEAST OUT OF THE LEASH BUT NOT THAT YOU CAN'T DO IT, OFCOURSE YOU CAN.
CONTENT
INTRODUCTION
CHAPTER ONE -INTRODUCTION TO FOREX
CHAPTER TWO -FOUNDATING TECHNICAL ANALYSIS
CHAPTER THREE -THE POWER OF MOMENTUM
CHAPTER FOUR - CATEGORISING INDICATORS
CHAPTER FIVE- ACCOUNT BLOWING SYNDROME
CHAPTER SIX - RISK CONTROLLING
CHAPTER SEVEN -TOP DOWN BOTTOM UP
CHAPTER EIGHT - FEAR
CHAPTER NINE - GREED
CHAPTER TEN - VISUALIZATION
CHAPTER ELEVEN - DEALING WITH LOSSES LIKE A PRO
INTRODUCTION
THE BRETTON WOOD AGREEMENT AND SYSTEM
What is Bretton Wood Agreement you ask?
I'm not going to be long on the history of the market but it crucial for you to know about where this is all coming from, so The Bretton Woods Agreement was negotiated in 1944 by delegates from 44 countries at Unites Nations Monetary and Financial Conference held in Bretton Woods ,New Hemisphere. Thus, the name "Bretton Woods Agreement ,under the Bretton Woods System ,gold was for the basis for the U.S. dollar and other currencies were pegged to the U.S. dollar's value. The Bretton Woods System effectively came to an end in the early 1970s when President Richard M.Nixon announced that the U.S. would no longer exchange gold for U.S. currency.
Approximately 730 delegates representing 44 countries when they combined ideas in Bretton Woods they came out with the principle goals of creating an efficient "FOREIGN EXCHANGE SYSTEM" which is now commonly known as FOREX, preventing competitives devalueations of currencies and promoting international economic growth. So I know that's a little for a history session but what I'm trying to say here is that you atleast have to know of where the Foreign Exchange System originate from. So now might be a good start to get in the introduction to FOREX.
CHAPTER ONE
INTRODUCTION TO FOREX
WHAT IS FOREX?
FOREX (in simple terms ,currency) is also called foreign exchange, FX or currency trading. It is a decentralised global market where all the world`s
SO WHY TRADE FOREX??
There are many reasons to trade FOREX. If we ask four different people you might get more than four answers. Primarily ,making money is the most frequently cited reason