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Adventures of a Currency Trader: A Fable about Trading, Courage, and Doing the Right Thing Hardcover – February 9, 2007
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"…you will find this book riveting and occasionally amusing, but nothing less than eye-opening." (Securities & Investment review , June 2007)
From the Inside Flap
Let author Rob Booker introduce you to Harry Banes. Harry represents every trader. He doesn't start trading with a huge amount of money, and his ambition is larger than his ability. His financial situation and life as a new trader may be difficult, but his determination allows him to prevail in Adventures of a Currency Trader. ?
Funny, entertaining, and, above all, educational, Adventures of a Currency Trader demonstrates exactly what it takes to capitalize on today's volatile and potentially profitable foreign exchange markets. Told through the eyes of a fictional character by the name of Harry Banesan aspiring trader who works as a filing clerk in a busy New York law firmAdventures of a Currency Trader explains in a powerful and compelling manner how you can implement a consistent trading approach in the foreign currency market and become a financially independent currency trader in the process.
There's a little bit of each of us in Harry Banes, and as the story progresses, you'll discover how to turn the lessons outlined in this book into potentially profitable trades. Harry admits early on that he's a rookie trader, which won't adequately prepare you for how bad he really is. But we'll stand by him as he picks himself up from early disappointments and begins to implement the wise counsel of a veteran traderHarvey Winklesteinwho agrees to mentor him.
From Harry's experiences, you'll learn how to recover from disastrous losses, set yourself up as a full-time trader, and talk to loved ones about what you're doing. But that's not all. Through Harry's numerous journeys, you'll also discover how to create reliable charts, perform the proper type of analysis, and make effective trades. Most importantly, you'll learn how to generate substantial profitsand keep them.
Both technical and motivational in nature, Adventures of a Currency Trader is a unique guide to trading that will provide you with a solid foundation in this field. Filled with hard-won wisdom borne of real trading experiences, Adventures of a Currency Trader is destined to become a classic of trading literature.
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Top Customer Reviews
First of all, I like how Mr. Booker hammered home about how there are no trading shortcuts. Plus I also liked that the psycological issues of trading were addressed.
But the book is too expensive for all it contains. Plus I would rather the main character have a real mentor and not a magical one.
I'm reminded of The Greatest Miracle by Og Mandino. Only Og Mandino's book is far supperior (and cheaper) that Rob Booker's. If you want to read a fictional story about trading that is also educational, read Reminiscences of a Stock Operator. It is cheaper and semi-biographical of a real life successful trader, Jessie Livermore.
Harry Banes may be a fictional character, but he is a person all traders can relate to. This book is a cautionary tale for those interested in the currency markets. The author does a great job at outlining the pitfalls of currency trading while leading Harry (and the reader) to the light at the end of the tunnel. This book will not teach you how to read charts or use indicators. Instead, this book will teach you how to manage your discipline as a trader and, more importantly, be a more responsible individual.
I highly recommend this book to anyone who is seeking a change from the usual trading texts.