Monday, February 22, 2010

7 Deadly Sins of Forex Trading — E-Book

Today I’ve added another e-book on the psychology of trading to my site. It’s The 7 Deadly Sins of Forex (and How to Avoid Them) by Marc Low. The e-book is rather short, only 24 real pages, but it’s an advantages as it says only that what should be said about its subject. The author described the 7 popular emotional problems that may become the deadly sins of every Forex trader. They include:

  1. Impatience.
  2. Lack of Clear Vision (Flip-Flopping).
  3. Sleep Deprivation.
  4. Over-Trading.
  5. Reliance on Outside Sources.
  6. Superficial Research.
  7. Over-Leveraging.

But each of the mentioned problems is not only described, it’s provided with a detailed solution. I recommend this book to every trader (especially newbie). It has an advertisement in the end, but it’s not a problem. You can download it now:

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