Study Guide for Come Into My Trading Room - Forex Factory
Study Guide for Come Into My Trading Room - Forex Factory
Study Guide for Come Into My Trading Room - Forex Factory
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THE ROAD AHEAD<br />
You can learn to trade. To begin, you need some basic skills—discipline,<br />
risk tolerance, and facility with numbers. You need knowledge,<br />
which can be acquired through dedicated study. By working<br />
through the <strong>Study</strong> <strong>Guide</strong> you have proven that you have what it takes<br />
to grow into a successful trader.<br />
Now is the time to put your time and energy into setting up<br />
your trading operation. Design a record-keeping system, establish<br />
money management rules, and write your trading plan. This calls<br />
<strong>for</strong> a lot of work, but many of us find trading a fantastically interesting<br />
challenge. The rewards, if you do it right, are nothing to sneeze<br />
at either.<br />
I enjoyed creating these exercises. People who came to my Traders’<br />
Camps were the first to learn my methods, take the tests, and comment<br />
on them. I also want to thank two people who put their own projects<br />
aside to help me prepare this book. Fred Schutzman, a technical analyst<br />
and money manager in New York, is an old and loyal friend who took<br />
every test in this book, graded his per<strong>for</strong>mance, and then pointed out<br />
several questions and answers that had to be rephrased, rearranged, or<br />
clarified. When it comes to analysis and trading, no imperfection can<br />
slip by Fred! <strong>My</strong> oldest daughter Miriam, a journalist and a graduate<br />
student in Paris, went through my English with a red pen. English is my<br />
third language, and the little girl, who is actually no longer so little,<br />
is now fixing the English <strong>for</strong> the guy who used to read The Little Engine<br />
That Could to her at bedtime.<br />
You have worked through this book, but closing it does not mean<br />
having to say good-bye. If I continue to run my Traders’ Camps, you<br />
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