Review of a book by Courtney D. Smith (2010)
This is absolutely a must-read book on trading Forex. It only concentrates on essential and is pleasure to read.
The author has been working as a professional trader over 20 years and he made all of these years profitable. And he assures he has never traded more than 15 minutes a day.
He shares the approaches that was working for him or for other great traders. Repeating his techniques is no problem as enough details is provided.
Each chapter has concrete recommendations for implementing a strategy or making trading decisions. He favors position trading. But he also shared 3 proven day trading techniques.
He also gives 3 main reasons why people lose trading Forex and discusses in detail how to do risk analysis and optimize risk/rewards ratio.