Book Review « Trading Heroes

X Marks The Spot - Location Independent Living Book Review

Does this diagram describe your path in life?

From X Marks The Spot - by Lea Woodward

While reading this book, this diagram was the one that really hit home for me. I find that many people believe that this is what life is all about and how it should be lived. Now I have no right to tell anyone how to live, but I wholeheartedly believe that people should seriously consider the alternatives.

Every single step on this time line is questionable, in my opinion. Take “Go to a good university,” for example. I believe that going to college only prepares you to get a job. Of course there is nothing wrong with getting a job, everyone should have one at some point…to see how much it sucks!

However, I believe that to be truly fulfilled, you need to create something that is yours. Something that not only provides a living, but something that you love to do. Then there is no such thing as retirement and you are enjoying life all the time!

If you set your business up properly, you can possibly do it from anywhere in the world.

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Day Trading & Swing Trading In The Currency Market Book Revivew

Today I am reviewing Kathy Lien’s book Day Trading & Swing Trading in the Currency Market. I originally thumbed through the first edition in Borders and though it had some good ideas, but it didn’t appeal to me enough to buy it at the time.

I kept an eye on it and ended up getting it as a gift. I read through it here is my breakdown of the book.

Like most books that are meant to appeal to a wide range of traders, Lien goes into the history of forex, the fundamental factors, market correlations, etc. She does a good job of this, but in my opinion,

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Excuses Begone! - Book Review

I'm all about the audio version

I just got through reading, err, listening to Dr. Wayne Dyer’s book Excuses Begone!

Even though this isn’t a trading book per se, I believe that it is important to explore different points of view when it comes to examining my own psychology.

I usually get the audio version of a book whenever possible because that allows me to do two things at once. For example, I listened to this entire audio book over the course of several sessions at the gym. I have finished other audio books while cleaning my car or sitting on the toilet. Audiobooks have to be one of the best inventions ever! But I digress.

If you have never read or listened to any of Dr. Dyer’s books before,

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Trade With Passion and Purpose Book Review

This is the second best trading book of all time, in my opinion. Of course, my favorite book is Market Wizards: Interviews with Top Traders
by Jack Schwager, which is the book that started it all for me.

â€œSpiritual, Psychological and Philisophical Keys to Becoming a Top Traderâ€ is the subtitle of this book and that is exactly what it is about. In fact, there isnâ€™t a single moving average or trading strategy in this book. I found that quite refreshing.

The book starts off by outlining why, as traders, we need to understand ourselves and why we are trading:

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Book Review of Adventures of a Currency Trader by Rob Booker

Tonight I am reviewing the book Adventures of a Currency Trader by Rob Booker. This book is probably unlike any other trading book that you have ever read before. I know that was the case for me.

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Hector Trader Review- Forex Trading Hero or Zero?

Hector

I am always looking to learn from people who trade for a living. Why would I want to learn from someone who isn’t a professional trader? Hector Trader makes a living trading forex and I wanted to see what he could teach me.

I just went through the Hector Trader Forex Trading Course and this is what I thought of it.

Hector Trader is actually Hector DeVille and I initially found his website by searching for different blogs related to forex trading. My first impression of his website was that it was very clean and his videos were professionally produced.

When I first started listening to the free online videos on his blog, the information was practical and to the point so I kept listening. He doesn’t go off on tangents. He sticks to analyzing the charts and I liked that.

After awhile his accent grew on me and it’s actually a cool accent, but it does take some getting used to. I especially like his “double-oh” catch phrase. Upon looking through his blog more, I learned that he had a currency trading training course, so I checked it out.

It looked pretty good and was affordable so I signed up for his course. The $197 price tag was nothing to laugh at, but it was much more affordable than those courses costing thousands of dollars. The most important thing to me was that there was a 60 day money back guarantee if I didn’t like it.

As soon as I logged into the member website, I was pretty impressed. There are a ton of videos and I can log in any time and take the course at my own speed.

The videos had the same professional quality that I experienced on his blog. In addition, the chapters were well written and followed a logical sequence.

But the question remained, would this course actually teach me something?

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Bruce Lee and Kicking Ass at Trading

I have realized recently that my lack of success in trading is purely psychological and I have been looking for books that will help me change the way I think and approach my everyday life.

While browsing the local Border’s looking for aforementioned books and cute brunettes,

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The ART of Trading - McDowell

I was browsing Amazon.com one day for some new trading books to read and this book appeared on my search. I am always interested in other peopleâ€™s trading techniques because there is always a chance that I can learn something new to make my trading better. Even if I only learn only one new idea from a book, that book was worth every penny.

I just finished reading The ART of Trading by Bennett A. McDowell. I have to admit that every time I see a software CD included in a book, I immediately think that the book is probably crap because they are making more money on the software subscription than on the technique itself.

On top of that, ART is actually an acronym. It stands for Applied Reality Trading. That’s cuter than an elephant in a tutu. Strike two.

Oh don’t lie, you are thinking the same thing!

That being said,

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Currency Trader Magazine

Here is a free downloadable magazine for forex traders. Like most other trading magazines, it has some of the same old rehashed content about indicators, trading psychology and the like. However, Click here to continue reading Currency Trader Magazine >>

Millionaire Traders

I just read this book by Kathy Lien and Boris Schlossberg. It’s a great book that is fashioned in the Market Wizards vein. The best part of this book is that is shows the reader that trading for a living is very possible and that some of these professional traders have built up big accounts from as little as $500 (sound familiar?). I highly suggest this book, it is inspirational, educational and a fun read…if you actually like to trade.

Happy Trading!

Beat the Odds in Forex Trading (Toshchakov)

I just finished a really good book by Igor Toshchakov. I recommended it in my Library but I didn’t really have a chance to read it in depth. It turns out to be a very practical book that outlines frequently occurring patterns and shows how you can possibly profit from them. I would suggest it to anyone who trades forex.

My Favorite Magazine

I’m not a big fan of mags because you read them once and you just end up throwing them out later. But the only magazine that I do enjoy getting is Trader Monthly.

Check out their website here: Trader Monthly Magazine

Timothy Sykes

Maybe some of you have heard of this guy around the internet. He took his bar mitzvah money of a little over $12,000 and turned it into $1.6M trading stocks. Yes, that’s MILLION people…trading penny stocks no less. Then he started

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One of the Masters

The first time I read this book, I didn’t understand half of it. It is one of those books that takes effort to really understand what he is saying. However, he does really well in the currency markets so I really want to understand how he thinks and makes his trading decisions. I picked it up again and I understand a lot more than I did the first time. I would recommend it to anyone trading currencies.

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