"A truly easy, unique, and enjoyable read! Rob has done it once again to teach us in the funniest way possible how not to make the most common trading mistakes. If you are tired of reading how-to books, this is perfect for you. I highly recommend this book to all traders. Everyone will learn something about themselves by reading this book." —Kathy Lien, author, Day Trading the Currency Market, and Chief Strategist, www.dailyfx.com
"Adventures of a Currency Trader is a must read for anyone who has ever traded or is thinking about trading in the Forex markets. Rob Booker has a unique way of taking years of market knowledge and transforming it into an educational and entertaining experience. It has quickly become a cult classic in my trading library!" —H. Jack Bouroudjian, Principal, Brewer Investment Group
"Brilliant! Rob's humor and humanity shine through in this parable about trading and life. Filled with wisdom and wit, it's an exhilarating rollercoaster ride through the peaks and valleys of the learning curve, with many valuable lessons learned along the way." —Ed Ponsi, President, FXEducator.com
"Rob's fable of everyman 'Harry Banes' is destined to become a trading classic. This is both the missing piece and the foundation that comes before the strategies and methodologies. The search for the Holy Grail begins and ends in the heart and mind. The journey is authentic and real and if you're willing to take it with Rob, you will be rewarded in the end. Seldom has psychology and wisdom been so entertaining!" —Raghee Horner, trader and author of Forex Trading for Maximum Profit and Days of Forex Trading
"In a series of insightful and entertaining vignettes, Rob Booker teaches both the novice and the experienced trader some hard won truths about the currency market. It's a must read book written by a guy who survived the trenches and went on to prosper in the biggest and most competitive financial market in the world." —Boris Schlossberg, Senior Currency Strategist, Forex Capital Markets LLC, and author of Technical Analysis of the Currency Market
Product Details
ISBN13: 9780470049488
Condition: New
Notes: BUY WITH CONFIDENCE, Over one million books sold! 98% Positive feedback. Compare our books, prices and service to the competition. 100% Satisfaction Guaranteed
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Customer Reviews
BRILLIANT FICTION LACED WITH PRACTICAL WISDOM
Review Date: March 24, 2007
Reviewer: Nazih Magar, Portland, OR United States
Booker did a brilliant job of balancing the dramatic impact of the fictional aspects of this book with the solid non-fiction wisdom he wanted to impart to the reader.
I very easily and painfully (ouch!) identified with the many beginner mistakes the book's hero "Harry Banes" made at the start of his trading experiences. These experiences gave me a greater insight as to why I made the same mistakes in my trading. The book helped me develop a systematic approach to trading based on logic and solid experience vs. emotion and wishful thinking.
I am so glad thatI no longer crave the emotional rollercoaster ride of impulsive day trading. Now I find entering fewer and well thought out trades based on long range goals a lot more satisfying than the frenzied rush of day trading. The biggest gift this book gave me was teaching me that there are more rational and peaceful ways to trade profitably. I would recommend this book very highly to all traders, but especially to the beginners.
Look at H4 and D1 charts ...
Review Date: May 19, 2008
Reviewer: Tanmoy Das, Singapore
Over last couple of days I finished reading " Adventures Of a Currency Trader" by Rob Booker .
Very good book , interesting and insightful . The story has lot of drama and suspense and lot of lessons to learn as well .
The story is about Harry Banes , who is an average person and who reach the hall of fame by help of his mentor , Harvey Winklestien . Harry lives in NY , so he can walk to any trading floor anytime he want .
I wish I could be bale to do that . Though the story is little bit unrealistic , its not possible for someone to become expert from absolute beginner in 3-5 weeks . Anyway it's just a story book , as I mentioned before very entertaining and insightful . After a long time I read some fiction , though it's not really a fiction .
The moral of the story is summarized into three broad rules . Thou Shalt Never Lose More Than 25 Percent of Thine Account . ( Day Light saving )Thou Shalt Test Before Trading . ( Back testing ) Thou Shalt Stand Accountable to Another Person for Thy Trades . ( Amazing ) This broad values are new to me , though I am not new to FX .
I think this book is for advance audience . Everyone can enjoy the story of Harry banes , but not everyone is in a position to absorb the thoughts which are hidden between the lines . We need some experience in loosing trades , gyration of hit and run trading and above all people who have a tendency of chasing price and holding on to their ego will benefit from this book immensely .
This books builds up slowly over few chapters and then get very intense in last few chapters . Following are my favorite chapters . Chapter 13 : The Story of George SislerChapter 15 : Breakfast with HarveyChapter 17 : TestingChapter 18 : HomeworkChapter 19 : Team Banes Begins Anew ( Accountability for Day traders )The story emphasis on having your own strategy and back testing it with enough historical data and then implementing the day light saving limit or percentage of NAV concept . The most amazing part is , keeping a journal of all your trades and asking your partner to review them . The execution of your trades should meet your objective , all execution should be well planned and back tested . The book is not for you to learn about technical analysis or getting some magic trading strategies . The book is more on psychological aspects of FX trading , but it covers very valuable points . It mentions about support and resistance levels . It explains clearly why you should look more in to daily and 4 H chart rather than always looking at the 5M charts .
California Guy living in Japan
Review Date: November 26, 2008
Reviewer: KdubFromThe209, Japan at the momement but I hail from California
I believe the author accomplished exactly what he meant to accomplish with this book. Some folks who gave less than stellar reviews were concerned that the book offered no in depth analysis on Harry's systems or was a bit unrealistic in the way Harry bounced back into becoming a good trader. My understanding of the overall theme, which is pointed out in the epilogue, is that one should stick to the "laws" of trading. Excellent book. Took me only a couple days to read and loved every moment of it.
A must-read for traders, experienced and novice alike!
Review Date: July 15, 2008
Reviewer: microbrain,
This is the best book I've read so far on trading. If you have ever traded currencies, or are thinking about it, you need to check this title out. There is a little bit (or a lot) of Harry Banes in all of us! Read this book before you take your next trade!
Essential for a novice F/X trader
Review Date: January 25, 2009
Reviewer: R. Pawlikowski, Poland
Reading the book is a must for any novice F/X traders lured to the business with easy profits.
It's better to read this book and have a laugh at the protagonist's mistakes than go thru this experience on our own.
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