Let's face it... if you are reading forex trading books, then you are looking for something better. That is why I read this book. I wanted something better than I had, and boy have I had it all: mentors, indicators, systems, courses, seminars, dvd's - anything you can imagine I have bought. And to be honest, I knew that it was probably overkill in the back of my mind. I knew that covering up price with all of my indicators was, let us say, a bit crazy, when we traders are all trading price in the end. The market goes up, the market goes down, and we have to decide whether to buy, sell or stay away.
My inkling was proved true with this book. Sure, there are other trading books out there about trading price, but very few of them simplify things like this book. And let me be clear here: that is a good thing, I am glad to see that simple works. I tested these systems as the authors suggested and I really am glad that I did. It proved to me that Naked Trading works, and that is really all I do now. Whenever I go back to RSI or MACD now, it is only temporary, like looking at a photo of an old girlfriend. Sure it is nice to remember the past, but I am very happy with where I am now. I make money now and it is mostly due to this book. Not to take a shot at other books like the Al Brooks books, but they make it complex. This book gave me several strategies to trade successfully. I use the ladder exit with Kangaroos and Belts, and that has been making me money. I have paid for this book 20 times over by the profits I have made trading those two systems alone. I don't know if this book will help you, but it sure did help me. I am a Naked Forex trader now, and I couldn't be happier.
Let's face it... if you are reading forex trading books, then you are looking for something better. That is why I read this book. I wanted something better than I had, and boy have I had it all: mentors, indicators, systems, courses, seminars, dvd's - anything you can imagine I have bought. And to be honest, I knew that it was probably overkill in the back of my mind. I knew that covering up price with all of my indicators was, let us say, a bit crazy, when we traders are all trading price in the end. The market goes up, the market goes down, and we have to decide whether to buy, sell or stay away.
My inkling was proved true with this book. Sure, there are other trading books out there about trading price, but very few of them simplify things like this book. And let me be clear here: that is a good thing, I am glad to see that simple works. I tested these systems as the authors suggested and I really am glad that I did. It proved to me that Naked Trading works, and that is really all I do now. Whenever I go back to RSI or MACD now, it is only temporary, like looking at a photo of an old girlfriend. Sure it is nice to remember the past, but I am very happy with where I am now. I make money now and it is mostly due to this book. Not to take a shot at other books like the Al Brooks books, but they make it complex. This book gave me several strategies to trade successfully. I use the ladder exit with Kangaroos and Belts, and that has been making me money. I have paid for this book 20 times over by the profits I have made trading those two systems alone. I don't know if this book will help you, but it sure did help me. I am a Naked Forex trader now, and I couldn't be happier.