The author is convinced that trading should be based on the reasons for price changes, otherwise its Lucky - trading. The book describes the reasons for price changes of futures (Forex) and the new cause - and - effect method of analysis.
Questions and answers
What is the book Locked - in Range Analysis : Why most traders must lose money in the futures market (Forex) about in short?
The book 'Locked - in Range Analysis' by Leksey Tom explores the fundamental reasons behind price fluctuations in the Forex market. It emphasizes that successful trading relies on understanding these reasons rather than relying on luck. The author introduces a new cause-and-effect method of analysis, aiming to equip traders with the knowledge needed to navigate the complexities of futures trading.
What is the main idea of the book Locked - in Range Analysis : Why most traders must lose money in the futures market (Forex)?
The main idea of 'Locked - in Range Analysis' is that most traders fail because they do not grasp the underlying causes of price changes in the Forex market. Leksey Tom argues that understanding these causes is essential for making informed trading decisions. By employing a new analytical approach, the book aims to transform how traders perceive and engage with market dynamics, reducing reliance on chance.
Who should definitely read the book Locked - in Range Analysis : Why most traders must lose money in the futures market (Forex)?
This book is ideal for both novice and experienced traders who seek to deepen their understanding of the Forex market. It is particularly beneficial for those who have struggled with trading losses and wish to learn a more systematic approach. Additionally, financial analysts and market enthusiasts looking for new insights into price behavior will find valuable information within its pages.
What books is the book Locked - in Range Analysis : Why most traders must lose money in the futures market (Forex) similar to?
Readers interested in 'Locked - in Range Analysis' may also appreciate 'Market Wizards' by Jack D. Schwager, which offers insights from successful traders. Another comparable title is 'Trading in the Zone' by Mark Douglas, focusing on the psychological aspects of trading. Both books, like Tom's work, emphasize understanding market behavior and developing a disciplined trading mindset.
- Name of the Author
- Leksey Tom
- Language
- English
- Age
- 12
- Release date
- 2017
Read an excerpt
12/29/2022
Аналіз заблокованого діапазону - обов'язкове чтиво для кожного т
Ця книга - справжній джерело знань та цінних відкриттів для тих, хто цікавиться торгівлею та фінансовими ринками. Автор вдалим чином поєднав теорію з практикою, розкриваючи читачеві новий погляд на причинно-наслідковий метод аналізу цін на ф'ючерси. Його переконання у тому, що торгівля повинна базуватися на об'єктивних причинах зміни цін, а не на випадкових удачливих угодах, дозволяє читачеві поглибити свої знання та навички в цій галузі. Книга вражає своєю доступністю та зрозумілістю матеріалу, що робить її ідеальним посібником для початківців та досвідчених трейдерів. Рекомендую кожному, хто прагне досягти успіху на ф'ючерсному ринку!