The Omicron Forex Trading Manual

Mr. Seamus A. McKenna MBA

ISBN 10: 1479247138 / ISBN 13: 9781479247134

Published by CreateSpace Independent Publishing Platform, 2012

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About this title:

Synopsis: The Omicron Forex Trading Manual is a literate and focused explanation for non-specialists of Forex strategies for automated (algorithmic) trading using the Dukascopy JForex Java API and associated software routines developed by Omicron Forex. The manual is also a guide to the essential general requirements of Forex trading which all traders must master. These include the ability to think in probabilities, to maintain discipline (which the automated strategies are designed to assist with) and master the psychology of Forex Trading. The manual improves the Forex trading learning process. It shows how discipline can be maintained. It also explains how the software does back-testing and it demonstrates why algorithms are important. You need automation in your Forex trading to: * Significantly improve the Forex trading learning process. * Carry out research and do back-testing. * Help you impose discipline and appreciate the need for it. * Allow for risk reduction through diversification in currency pairs, which would be onerous and error prone if attempted manually. * Take over certain repetitive functions that are more appropriate for computers to handle. You do not want to use automation in your Forex trading to: * "Set and forget" and leave to run unsupervised on a live account. This way lies potential disaster. The Omicron Forex Trading Manual contains an introduction to the automated strategies and does not include the software routines themselves.

From the Back Cover: "The Omicron Forex Trading Manual is essential reading for anybody, not alone those trading the Forex markets but the fundamental wisdom and practices therein can be employed in many other markets.   Seamus has the ability to educate the reader in a very clear and pragmatic manner.  In summary, he tells you how to protect the downside and how to lock in the upside"
- Dermot Desmond, International Investment and Underwriting (IIU)

Bibliographic Details

Title: The Omicron Forex Trading Manual
Publisher: CreateSpace Independent Publishing Platform
Publication Date: 2012
Binding: Paperback
Book Condition: Good