Get Free Ebook 50 Pips A Day Forex Strategy, by Laurentiu Damir

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50 Pips A Day Forex Strategy, by Laurentiu Damir

Get Free Ebook 50 Pips A Day Forex Strategy, by Laurentiu Damir

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Product details

Paperback: 60 pages

Publisher: Independently published (August 12, 2017)

Language: English

ISBN-10: 1522086587

ISBN-13: 978-1522086581

Product Dimensions:

6 x 0.1 x 9 inches

Shipping Weight: 5 ounces (View shipping rates and policies)

Average Customer Review:

4.2 out of 5 stars

302 customer reviews

Amazon Best Sellers Rank:

#27,257 in Books (See Top 100 in Books)

I enjoy reading how other forex traders trade and develop their strategies as a forex trader myself, I would like to constantly improve myself and see what others are doing that might help me in my trading. I personally have been doing trading from stocks to forex for the past 10 years, some information are important and some not so. I will rate the book based on how much good information are there for both novice and veteran. They can add it on to their own trading arsenal or simply a refreshment. =)So after reading this book, I will give you the take away I got from this book. Everyone might have different interpretations, so I hope it will help you!Main Takeaway1. Trading on higher time frame will make you more money in the long term2. Time frame that Laurentiu used for his trading3. Trend is the core principle of Forex4. Technical indicators are lagging indicators and is hard to give you a good signal5. Solid Money Management6. Using of different time frame for entry7. Seeing Trend with EMA on H48. Support and Resistance LevelInside the book Laurentiu will break down his trading method to achieve the 50 pips daily. The book is about that particular approach and strategy. Reader should not expect informative or exhaustive list of indicators or explanation. Laurentiu simply explain a working strategy that works.For people looking to improve and trying out other approach to increase profitability ratio, this book will be helpful to you!

Read all of this guys books on trading they are gems. I have 3 screens set up for each pair that encompass all his strategies and I have a strong tendency of posting winners and the losers are small. For instance his section on Fib dovetails nicely with his section on patterns and when the Pattern matches up with the Fib you have a high probability trade. Mr. Damir does not use indicators much and I use them to confirm and its scary how his methods tend to line up close with certain indicators and be successful in trading. On the other hand the indicators when they do not line up with Damir's method are iffy and tend to whipsaw, sure you get good trades but a number of losers too. I read Damir everyday if I have a question about what I am seeing. Cheers, hope this helps.

I have been trading futures for about 2 years and consider myself just below intermediate in my skill level, meaning I am making money but still have a lot to learn to obtain larger profits. I just began trading FX and bought this book, although the content could be applied to futures, options or stocks. I liked this book because it covers the basics of learning to read charts and to trade based on current price action and not lagging indicators. This book is simpler than other chart books I have seen. In this regard I believe this simpler method will help me plan better entries, stops and exits. This strategy consists of money management (well planned entries, stops and exits) and interpreting the immediate price move, rather than depending on many lagging indicators. Personally, it will help me determine when price has finished retracing -- a problem I have had -- because it taught me to identify *which* candles to pay attention to and *what characteristics* they should have. The book is short, the writing is concise, and I liked that it was not unnecessarily long. I finished the book in a few short sittings.

I like the simple approach that the author takes the reader. Since I read the book, my trading approach has been changed. I used many different indicators, with poor results. Using the price action method and keep it simple is a great way to trade. However, I'm still level in my account, but not loosing as much anymore. I need to put into practice the other methods explained in the book. I bought the other books to continue with the same principle explained in the book, "keep it simple, use price action, and good money management."

I've enjoyed the book. It seems to be right to the point. I've been trading for a few months and am not doing as well as I would like. Many of the Technical Indicators I've been using seem to be lagging. In your book you say not to use Technical Indicators. I like this. I've ordered another of your books. I'll most likely go through them all. I am also reading other authors. In your reviews no one is saying they are making lots of money. I want to make money. I would love to Forex Trade for additional income.

Read full review of this book on my blog: imeducatingmyself.com/50-pips-a-day-forex-strategy-by-laurentiu-damir-book-reviewThis book is about Forex trading, it’s a very short and very basic book when it comes to Forex. All of the information shared in this book are easily accessible online for free if you can spend some time researching online – reading blogs, watching YouTube videos etc.Trading strategy in this book is mostly oriented towards technical analysis; and from my experience in Forex Market, you can’t rely too much on TA. Author has forgot to mention the big financial institutions (London, New York) known as Market Makers – they can move the market in any direction, something that you can’t predict.This is one important thing that majority of people writing books, creating courses etc. about Forex Trading is not mentioning, and it’s important. After all, it’s them (together with brokers) who makes us to lose money. That is my experience so far.

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