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Description of Beat the Odds in Forex Trading

"Beat the Odds in Forex Trading provides traders with tremendous value by disseminating the trading methods and philosophy of one of the most remarkable Forex success stories since Soros." --Alexander De Khtyar, President, Forex International Investments, Inc. Add certainty and systematization into Forex trading with this practical approach. Author and industry professional Igor Toshchakov shows how recurring market patterns--which can be recognized on a simple bar chart--can be successfully used to trade the Forex market. Written for traders at every level, this valuable resource discusses the challenges of developing a trading method, while revealing the Toshchakov's approach to the market--both from a philosophical and tactical point of view. You'll discover specific trading strategies based on recognizable market patterns, get detailed information on entry and exit points, profit targets, stop losses, risk evaluation, and much more.

Title Information

ISBN:

9780471933311

Pages:

224 pages

Format:

Hardback

Product Code:

23628

Publisher:

John Wiley & Sons Inc

Published:

25/08/2006

Edition:

1st Edition

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About Igor R. Toshchakov

IGOR TOSHCHAKOV (L. A. IGROK) is a trader, money manager, and founder of the online trading school at www.igrokforex.com and investment advisory firm Igrok Trading International. This school has taught hundreds of traders since it opened in 2000 and offers numerous online courses. Toshchakov currently manages several portfolios for various entities, and Igrok Trading International is the exclusive advisory firm for "Mina Capital" Fund of Funds in "C" and "D" share classes.

Contents of Beat the Odds in Forex Trading

Introduction.

PART I: RECOMMENDATIONS TO NOVICE TRADERS.

1: How To Get Started.
2: Establishing a Trading Account.
3: Choosing the Right Dealer.

PART II: DEVELOPING A TRADING METHOD.

4: Psychological Challenges of Speculative Trading.
5: Discretionary versus Mechanical Trading Systems.
6: Technical and Fundamental Analysis.

PART III: THE IGROK METHOD.

7: Philosophy of the Igrok Method.
8: Evaluating Probabilities Using Technical Analysis.
9: Basic Trading Strategies and Techniques.
10: Choosing a Currency Pair To Trade.
11: Money Management Rules and Techniques.
12: Market Behavior and Trader Discipline.

PART IV: SHORT-TERM AND INTRA-DAY TRADING STRATEGIES USING THE IGROK METHOD.

13: Principles of the Intra-Day Trading Plan.
14: Entering the Market.
15: Exiting the Market.
16: The Importance of Timing.
17: Trading Strategy during the Central Bank Intervention.

PART V: TEMPLATES FOR SHORT-TERM AND INTRA-DAY TRADING.

18: Average Daily Trading Range Templates.
19: Technical Formation Templates.
20: Trendlines, Support & Resistance Templates.
21: A Sample Trade.

Index.