“Exchange Secrets” by L. Connors L. Raszki.

Quite a high-quality textbook dedicated to stock trading based on technical and fundamental analysis.

It quite interestingly describes various options for finding entry points into the market and choosing the time to open transactions.

The authors managed to present the maximum amount of useful material on two hundred pages; there are practically no abstract discussions about stock trading, but there are many examples and practical calculations.

Download “Exchange Secrets” by L. Connors L. Raszki

I would like to note the following main points of the book:

1. Swing trading is the essence of using trend fluctuations to make a profit, the basic principles of Forex , which should be followed in any trading.

2. Money management – ​​as pretentious as it may sound, when trading Forex it is important to properly manage even deposits of several hundred dollars. How to maximize profits in each trade and reduce losses by using money management in Forex .

3. Samples - a selection of quite interesting strategies, their detailed description and recommendations for use in practice.

4. Recovery - again Forex strategies and searching for entry points into the market, taking into account current trends.

5. Climax patterns – describing trading based on fundamental news and searching for predictable market patterns.

6. Reflections on the market - a description of the most effective Forex indicators , additional tips and recommendations for conducting transactions.

In general, “Exchange Secrets” can be characterized as a rather useful read, despite the fact that many Forex strategies and tactics are described using instruments other than currency pairs; they are universal and applicable when trading any assets.