Adventures of a Currency Trader: A Fable about Trading, Courage, and Doing the Right Thing (Wiley Trading) (Hardcover)

by Rob Booker (Author)
Key Phrases: forex fund, retail platform, currency pair, Wall Street, Ernest Wellington, George Sisler (more...)

Editorial Reviews

Review
"…you will find this book riveting and occasionally amusing, but nothing less than eye-opening." (Securities & Investment review , June 2007)

Product Description
Praise for ADVENTURES of a CURRENCY TRADER

"A truly easy, unique, and enjoyable read! Rob has done it once again to teach us in the funniest way possible how not to make the most common trading mistakes. If you are tired of reading how-to books, this is perfect for you. I highly recommend this book to all traders. Everyone will learn something about themselves by reading this book."
—Kathy Lien, author, Day Trading the Currency Market, and Chief Strategist, www.dailyfx.com

"Adventures of a Currency Trader is a must read for anyone who has ever traded or is thinking about trading in the Forex markets. Rob Booker has a unique way of taking years of market knowledge and transforming it into an educational and entertaining experience. It has quickly become a cult classic in my trading library!"
—H. Jack Bouroudjian, Principal, Brewer Investment Group

"Brilliant! Rob's humor and humanity shine through in this parable about trading and life. Filled with wisdom and wit, it's an exhilarating rollercoaster ride through the peaks and valleys of the learning curve, with many valuable lessons learned along the way."
—Ed Ponsi, President, FXEducator.com

"Rob's fable of everyman 'Harry Banes' is destined to become a trading classic. This is both the missing piece and the foundation that comes before the strategies and methodologies. The search for the Holy Grail begins and ends in the heart and mind. The journey is authentic and real and if you're willing to take it with Rob, you will be rewarded in the end. Seldom has psychology and wisdom been so entertaining!"
—Raghee Horner, trader and author of Forex Trading for Maximum Profit and  Days of Forex Trading

"In a series of insightful and entertaining vignettes, Rob Booker teaches both the novice and the experienced trader some hard won truths about the currency market. It's a must read book written by a guy who survived the trenches and went on to prosper in the biggest and most competitive financial market in the world."
—Boris Schlossberg, Senior Currency Strategist, Forex Capital Markets LLC, and author of Technical Analysis of the Currency Market

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Product Details

• Hardcover: 240 pages
• Publisher: Wiley (February 9, 2007)
• Language: English
• ISBN-10: 0470049480
• ISBN-13: 978-0470049488
• Product Dimensions: 9.1 x 6.3 x 1 inches
• Shipping Weight: 13.6 ounces (View shipping rates and policies)
• Average Customer Review: 4.6 out of 5 stars See all reviews (37 customer reviews)
• Amazon.com Sales Rank: #211,700 in Books (See Bestsellers in Books)

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Customer Reviews

Most Helpful Customer Reviews

16 of 18 people found the following review helpful:

5.0 out of 5 stars BRILLIANT FICTION LACED WITH PRACTICAL WISDOM, March 24, 2007

By	Nazih Magar "pipHunter" (Portland, OR United States) - See all my reviews (REAL NAME)

Booker did a brilliant job of balancing the dramatic impact of the fictional aspects of this book with the solid non-fiction wisdom he wanted to impart to the reader.

I very easily and painfully (ouch!) identified with the many beginner mistakes the book's hero "Harry Banes" made at the start of his trading experiences. These experiences gave me a greater insight as to why I made the same mistakes in my trading. The book helped me develop a systematic approach to trading based on logic and solid experience vs. emotion and wishful thinking.

I am so glad thatI no longer crave the emotional rollercoaster ride of impulsive day trading. Now I find entering fewer and well thought out trades based on long range goals a lot more satisfying than the frenzied rush of day trading. The biggest gift this book gave me was teaching me that there are more rational and peaceful ways to trade profitably. I would recommend this book very highly to all traders, but especially to the beginners.

8 of 9 people found the following review helpful:

3.0 out of 5 stars Trading discipline, June 7, 2007

By	M. Setiadi - See all my reviews (REAL NAME)

It describes about the emotional and mental revenge of the author's friend - Banes to the currency trading. Really good for beginner and novice traders, in order to avoid the same mistakes of personal discipline matters involving currency trading.

11 of 14 people found the following review helpful:

3.0 out of 5 stars Good Read, but only tells what can be wrong ..., October 6, 2007

By	fx trader - See all my reviews

It is in a story form and lets you read quickly. Telling you about how a novice can get everything wrong, but then how to make it right was not cover in detail, probably making it too easy. The man in the book more or less lost his account in the first few trades, very typical, but then he can do it right and start making money soon afterward, not very typical .... my understanding.

Overall, fun to read, but I don't learn much from it.