Business Management Book Store > Business Management books beginning with F
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Fibonacci Trading: How to Master the Time and Price Advantage |
Author: Carolyn Boroden
Published: 2008-02-25 |
List price: $69.95
Our price: $44.07
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Usually ships in 24 hours
As of: November 21st, 2008 02:40:51 PM
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Customer comments on this selection.
 Pass this up
If you want to learn strategies with Fibonacci, this book is not it. Its just a book of charts of very little substance behind it.
 intermediate level.-great bookfrom the fibonacci queen herself
I think some of the other reviewers are a bit harsh when considering this book. It presents a great trading methodology in and of itself. I was already familiar with fibonacci trading and trading convergences already but this book added a great deal to my trading knowledge. I use many of her methods and subscribe to Carolyn's free e-mails and have learned a lot from her. I use the lower level charts from hourly down to the 5 minute and this method works like a charm. Anyone wanting to learn the basics of fibonacci can easily learn it free doing searches on the internet. Add this book and it just gets better. I would like to have the dynamic trader software for the time aspect but still manage to use my charts from FXCM with her methods. This book will greatly add some sound methodology which will add tics or pips to any traders game. Most people do not understand nor want to hear trading is not easy, takes a great deal of pain and hard work to get right. After you learn the methods 90% of trading is self-mastery with 90% of the latter being patience. Having an ability to get up after repeatedly failing and falling flat on your face also helps. If you are looking for a get rich quick scheme, hitting home runs, doing minimal work, and have a low tolerance for frustration then good luck Pal because you are guaranteed to fail at trading...I highly recommend this book without reservation but honestly you owe it to yourself to learn as much about the market as you can because that is what it will take to succeed...that and endurance. Never Give UP!
 Like Money In The Bank
This book has everything you need to get started in applying the Fibonacci method to futures and commodities trading analysis.But forex is My game I trade only the majors I get incredible results using the daily charts four hour and one hour; I'm still entry-level in trading and feared this would be over my head, but the charts and graphs are helpful and the tone is accessible. I've already read it twice and constantly refer back to it as I work. It takes a commitment (all of trading does), but I have already begun to experience true results where it counts with this guide. It has really refreshed my game
Good book, not for novices.
Traders reading this book should have a basic understanding of technical analysis and charting.
I am familiar with Carolyn's work and this book really does explain 95% of the trading methodology she uses in her trading room.
You do not need the software (Dynamic Trader) mentioned in the book to use her setups. It makes it more convenient (especially the time cycle setups) but any halfway decent trading platform makes it pretty easy to apply the techniques.
As with any trading technique, risk management and mental mastery are as important as the actual entry/exit strategies.
 I feel like I stepped into a PhD program
This book is NOT for the beginner. You have to have the basics of Fibonacci under your belt before you can even have a prayer that this book would be useful. No basics are explained whatsoever. I am returning it.
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