How To Not Blow Up Your Trading Account: Definitive Guide to Money and Risk Management For Forex Traders

Vavretchek, Erick

ISBN 10: 0987484303 / ISBN 13: 9780987484307

Published by Erick Vavretchek, 2013

About this Item

Print on Demand.

Seller Inventory # I-9780987484307

Bibliographic Details

• Title: How To Not Blow Up Your Trading Account: Definitive Guide to Money and Risk Management For Forex Traders
• Publisher: Erick Vavretchek
• Publication Date: 2013
• Language: English
• ISBN 10: 0987484303
• ISBN 13: 9780987484307
• Binding: Soft cover
• Condition: New

About this title

Synopsis

How much are you willing to risk per trade? How much money can you hand to the markets and not lose your sleep, your house and your wife? This is a pretty serious game. Whenever money is involved you will find professionals. These professionals are waiting to take your money, they often are a lot more patient than you. Although sometimes very well regulated, there is no ethic whatsoever in this business where every participant is in it to make money. It is a zero sum game, meaning that there is a loser for every winner. Think about that. Learning proper money and risk management is key to achieving success in the markets. These skills will help you build a solid and long-lasting foundation for a prosperous trading career.

About the Author

Erick Vavretchek's trading career began in 2008 and thanks to the GFC he was off to a longer than expected journey to success. After learning stock options, commodities and CFD trading strategies Erick found the highly liquid 24hr Forex market and now trades Forex full time from his home office in Sydney Australia. Erick is co-founder of ForexNation.org, the World's 1st Not-For-Profit Broker dedicated to helping emerging economies through education and creation of opportunities for women. When he's not trading or involved with the daily operations of ForexNation.org Erick can usually be found creating something delicious in his kitchen or playing his guitars. This book is the fruit of his discoveries, failures and achievements. Ultimately it's a manual of the behaviour that can make or break you as a Forex trader.