Selasa, 28 Februari 2012

[A479.Ebook] Ebook Free The Forex Mindset: The Skills and Winning Attitude You Need for More Profitable Forex Trading, by Jared Martinez

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The Forex Mindset: The Skills and Winning Attitude You Need for More Profitable Forex Trading, by Jared Martinez

The Forex Mindset: The Skills and Winning Attitude You Need for More Profitable Forex Trading, by Jared Martinez



The Forex Mindset: The Skills and Winning Attitude You Need for More Profitable Forex Trading, by Jared Martinez

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The Forex Mindset: The Skills and Winning Attitude You Need for More Profitable Forex Trading, by Jared Martinez

Jared Martinez traded the forex market for a decade through the 1980s and ’90s before he discovered that successful trading requires 10 percent skill and 90 percent emotional intelligence. He founded the Market Traders Institute on that underlying principle, and now MTI is the most established leader in forex education worldwide.

Jared is known as “FXCHIEF” in the industry, and now, in The Forex Mindset, he shares his secrets with you.

Leadership experts and corporate executives are just waking up to what the FXCHIEF has known for more than 15 years―emotional intelligence matters. With The Forex Mindset, you get up close and personal with greed and fear, the two leading forces in the market. Everyone gets in for greed, but without a healthy understanding of fear, you may be in for one of the worst journeys of your life. This performance-oriented guidebook features a potent synthesis of psychology and strategy that will exponentially increase your ability to acquire wealth as a trader.

Even veteran traders with bulletproof trading strategies are doomed to fail if they don’t know themselves. The Forex Mindset prepares you to be a successful trader by helping you identify your unique psychological strengths and weaknesses and how you naturally behave in times of financial crisis. With a newfound understanding of yourself, you can use this book to map out your own path to wealth by:

  • Delving into human nature and market behavior
  • Learning how to improve your emotional intelligence
  • Doing what top traders do to control their emotions in trades and in times of crisis
  • Implementing authoritative strategies for effective thinking in a state of fear

If you want to make a living from trading forex, apply the lessons in The Forex Mindset and you’re already 90 percent there!

  • Sales Rank: #381401 in Books
  • Published on: 2011-07-14
  • Original language: English
  • Number of items: 1
  • Dimensions: 9.30" h x .77" w x 6.40" l, 1.05 pounds
  • Binding: Hardcover
  • 224 pages

About the Author

Jared F. Martinez is the founder of Market Traders Institute, Inc., the worldwide leader in forex education. Best known for trading Fibonacci movements in markets, he has trained more than 10,000 traders worldwide and is globally renowned in all trading arenas. Martinez is a contributor to FX Television, Stocks and Commodities, FXstreet.com, and Active Trader.

Most helpful customer reviews

13 of 13 people found the following review helpful.
Some Good Ideas, but also a lot of Fluff
By Ryan
This book has some good points and ideas. However, I feel only 1/3 of the information is valuable. The other 2/3 of the book is fluff. I do recommend reading it to find the good ideas (the better chapters are 7, 8, 9, 12-15), but you should have the expectation of combing through pages of boring, common-sense stuff (as well as poor grammar). My favorite chapter was chapter 12 about the value of patience and tips for obtaining it.

The Good:

The author does have some good points and ideas in the later chapters of the book that will be helpful in my own trading. The following are some of my favorite quotes:
"When you trade by your heart instead of the chart, you are finished." (p. 71 top)
"I have learned it is better to be out of a trade and patiently waiting and wishing to be in, than to be in a trade impatiently waiting and wishing you were out!" (p. 151 middle)
"The real secret to being patient as you trade is to find something else to do in the meantime." (p. 153 bottom)
"Effective listeners at trading learn that their emotions have no meaning-- candlestick formations, trend lines, and the charts do." (p. 171 top)

The Bad:

Sometimes I feel like the author is trying too hard to be a motivational speaker. It's annoying and not inspirational the way he attempts to do this. Here's an example of seven sentences of trite phrases in a row (it's almost like he is pulling this garbage out of an old quote book):
"As you strive for perfection, aim for excellence, not perfection. The freedom to be your best means nothing unless you are willing to do your best. The difference between the impossible and the possible lies in determination. Whatever you do, don't do it halfway. Well done is better than well said. Paint a masterpiece daily. Always autograph your work with excellence." (p. 47 bottom)

I wish there were more specific personal examples from his personal trading career. The story about how he blew his account up and lost several hundred thousand dollars had some interesting points which I learned from. I just wish he would've included more stories like this one.

I find it somewhat annoying that he refers to himself as the FXCHIEF in the book without any explanation of how he earned this title. It seems pompous to call yourself this without explaining how the title was earned or given.

I also found one of his claims far-fetched. He says, "I teach them [my students] trading methodologies that allow them to make 300-plus pips a day and then walk them through the mental disciplines necessary to accomplish such a task." (p. 144 bottom). I don't believe that anyone can consistently make 300 pips per day. I would like to see proof of this.

Here are some examples of the terrible grammar. I don't even understand the meaning of a couple of the sentences.
p. 15 top - ...you will need to earn their trust and worthiness of their time and mentorship.
p. 40 bottom - "What we learn in life with a desire to do it right or have it be well done is well done forever."
p. 83 bottom - "If we don't create the change we need, tailored for the betterment of our lives, change will create it for us."
p. 195 top - "These habits can participate in teaching you how to protect yourself with everything you do before you get involved."

Here is an example of a contradiction I noticed:
p. 25 middle - He says greed is not capricious.
p. 28 middle - He says greed is a capricious monster.

Here is an example of a false statistic he uses:
p. 60 middle - We retain 10 percent of what we hear, 30 percent of what we read, 70 percent of what we do, but 100 percent of what we feel.
[...]

15 of 18 people found the following review helpful.
FX THIEF not FX CHIEF as he would like you to believe
By SG
FX newbies. Please ask FX Thief(Chief)
1)how many people`s lives did he destroyed in South Florida and Caribbean(not hundreds but in thousands)?
2)How many of his star traders are behind bars or on the run?
3)How many of his ex traders were running ponzi schemes?
4)How many pending lawsuits does he have?
5)What happened to his itradefx brokerage
6)Please ask him how much money did he steal by faking signals on computers?
7) He simply rents software from fibonaccitrader.com(avail for $55) and charges retail clients $155/month (talk about rip off)
8)Please Think for yourself, if he was really a successful trader, why would he be trying to advertise heavily to teach others to be successful.
9) Everything he teaches in his courses is available for free on the net, check out babypips
10) In my opinion Jared`s strategy is to prey on newbies.
Please please do your research before giving one red cent to Jared and his institutes.

1 of 1 people found the following review helpful.
good read but trying to cover too much ground
By Woodie
While reading this book initially, I felt I was wasting my time as the author tried to cover a lot of areas outside forex trading making this a medley of self help books. Later in the book however he started to include more relevant content to trading and I felt I got something out of it that is worth my time.
For those who hasn't read self help or motivational books before, this might be a book for you. I had an expectation that this book is a tailored one to Fx trading so I was a bit disappointed. This objective of making this book Fx specific could have been done in one tenth of the pages I believe.

See all 26 customer reviews...

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