Yeo keong hee forex book

22.10.201922.10.2019 Yozragore

yeo keong hee forex book

Buy a cheap copy of Secrets Of Forex Millionaires book by Yeo Keong Hee. Free Shipping on all orders over $ Peak Performance Forex Trading - How Average Traders Can Consistently Achieve Peak Performance In Forex Trading. by Keong Hee Yeo and Adam Khoo | Mar 1. In this empowering book, you will see how the average person can amass huge wealth by learning how to trade the Forex market in a systematic and consistent way. POKEMON ETHEREAL GATES MYSTERY GIFT PASSWORDS

This book contain of 7 chapter. Actually there are only 6 chapter, because the last chapter is just the summary of all chapter in the book. I think the most important chapter from this book is in Chapter 1 and Chapter 2. Both chapters discuss about the wrong mentality of most forex traders. Many people believe that there are some mysterious trading system that gives a formula or a secret for generating millions with little or no risk.

Keong Hee explain about how greed and fear will constantly tend to cause bad trading decisions. He also stress the importance of cut loss and let the profit run. In theory, this seems easy and this thing is often overlooked by most traders. Chapter 2 Winning Traders Think Differently! Keong Hee give several example that we usually encounter during our trading activity every day, like what we choose between two scenarios below. Chapter 3 Choosing Forex System discuss more about forex trading system.

Personally, i think this is the common trading system that you can find easily on the internet. There is a useful explanation in this chapter, where Keong Hee stress more about evaluation in relation of stop loss to profit target. The width of a stop and take profit will influence the success rate of the trading system.

Chapter 5 The Essence of Risk Control discuss more about psychology of risk. The most important knowledge we can get from this chapter is about the wrong understanding among forex trader about diversification and how to decide how many lots to trade every entry setup appear. Keong Hee explain about the importance of good money management.

From this chapter, we can also learn about how to measure how good a trading system. Here are some take aways from the book. Mindset of Successful Traders Yeo covers the key mindset habits of successful traders. Trading can be very hard and mentally taxing. Probably the worst part of trading is dealing with your losses. I know I have a hard time dealing with my losses since I connect my losses to loss of food, rent, freedom etc. However after speaking with professional traders, they all have this ability to decouple their losses and continue trading which gives them a win.

This is a great chapter that teaches you the mindset behind successful traders. What is Technical Analysis In this chapter, Yeo covers the basics behind technical analysis. Yeo introduces technical analysis and demonstrates how easy it is to read them through pictures and diagrams.

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