Trade Forex with Confidence The 10/20/30 Rule for Unconventional Success |
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Author:
| Selvarajoo, Ramesh |
ISBN: | 978-0-692-86586-6 |
Publication Date: | Mar 2017 |
Publisher: | SR PUBLICATIONS, The
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Book Format: | Hardback |
List Price: | USD $42.00 |
Book Description:
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This book is an indispensable tool for an individual trader who are struggling to build a successful trading system and strategy. The first part of the book provides a full bird's eye view of forex fundamentals and some of the key elements in forex that are conveniently omitted and can be costly to a trader when such advice is not taken.After establishing a strong forex foundation, in the second part, the book dives in to guide the reader in ways of designing, optimizing, and...
More DescriptionThis book is an indispensable tool for an individual trader who are struggling to build a successful trading system and strategy. The first part of the book provides a full bird's eye view of forex fundamentals and some of the key elements in forex that are conveniently omitted and can be costly to a trader when such advice is not taken.After establishing a strong forex foundation, in the second part, the book dives in to guide the reader in ways of designing, optimizing, and evaluating a forex trading strategy using a quantitative approach without complex mathematical formulation. The author's main goal for this book is to equip retail trader with the ability to generate and build their trading system using quantitative rule based approach where only hedge funds and institutional firms have the know-hows.The author introduces a unique 10/20/30 Rule for trading system development, and walks with the reader with a real case example. Showing how a mediocre system can be transformed to a winner by implementing the components of the 10/20/30 Rule. Also, the 10/20/30 Rule is not about backtesting a system. Backtesting a poor system will produce a poor backtested result. Under the hood, the 10/20/30 Rule uses a powerful yet simple method that brings out the full potential of a trading system that you plan to develop. These are powerful techniques that are revealed in this book.