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Langer - The Black Book of Forex Trading

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Langer The Black Book of Forex Trading
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Overview: Are you watching the markets without enough confidence to enter trades?

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The Black Book of Forex Trading

A Proven Method to Become a Profitable Trader in Four Months and Reach Your Financial Freedom by Doing it

Paul Langer

Copyrigh t 2015 by Alura Publishing. All rights Reserved.

No part of this publication may be reproduced, distributed, or transmitted in any form by any means, including photocopying, recording, or other electronic or mechanical methods, or by any information storage and retrieval system without the prior written permission of the publisher, except in the case of very brief quotations embodied in critical reviews and certain other noncommercial uses permitted by copyright law.

Table of Contents

Table of Contents

Disclaimer

This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is sold with the understanding that the publisher is not engaged in rendering legal, accounting, investing or other professional services. If legal advice or other professional assistance is required, the services of a competent professional person should be sought.

No responsibility or liability is assumed by the publisher for any injury, damage or financial or personal loss sustained to persons or property from the use of this information, personal or otherwise, either directly or indirectly.

While every effort has been made to ensure reliability and accuracy of the information within, all liability, negligence or otherwise, from any use, misuse or abuse of the operation of any methods, strategies, instructions or ideas contained in the material herein, is the sole responsibility of the reader.

Any copyrights not held by Publisher are owned by their respective authors.

All information is generalized, presented for informational purposes only and presented as is without warranty or guarantee of any kind. Neither the Publisher or the author shall be liable to you or anyone else for any inaccuracy, error or omission, regardless of cause, in the work or for any damages resulting therefrom. The publisher has no responsibility for the content of any information accessed through the work. Under no circumstances shall the Publisher be liable for any indirect, incidental, special, punitive, consequential or similar damages that result from the use of or inability to use the work, even if any of them has ben advised of the possibility of such damages. This limitation liability shall apply to any claim or cause whatsoever whether such claim or cause arises in contract, or otherwise.

All trademarks and brands referred to in this book are for illustrative purposes only, are the property of their respective owners and not affiliate with this publication in any way.

Introduction

Ive always loved the idea of being independent. From the time I was 10 years old, I was looking for ways to save some money from the small amount of change my parents gave me, or to do some tiny business, like selling candy to my schoolmates so I could get a few pennies for me. I knew if I had a little money saved I could just buy that comic book I wanted by myself, or that other video game I liked or some new strings for my guitar, and my parents wouldnt be able to tell me no. Not that they would tell me no very often, but the choice was mine if I had the money myself, and that was enough to motivate me to find ways to make extra money here and there.

After all this year s I am 37 no w I didnt change much. I was never very good at keeping jobs and mostly I have been starting businesses and doing freelance jobs since I was 20. But, despite my personal feelings about money, I believe that, in the times were living, the ultimate goal is to have financial freedom, maybe even more than any other kind of freedom. I believe we have, as a generation, already discovered that the world is too big to be trapped within one job, one career, one country, let alone one city. If we control our own supply of money, were free, we own our time, and we can decide what to do with it.

Most of my friends, and people I know around the world, are dreaming about going for some time to live to Asia, to South America, to Africa, to Europe, Mexico, USA, Australia, or to any place far away from where they currently reside.

It doesnt matter if you are married and have children, in that case you may want to take your family with you, so the kids can learn another culture and another language; or, if you are single, you want to go and live some grand adventures so you can feel you are living your life to the fullest.

Entrepreneurship is growing and many people are trying their luck at selling something, starting some business on the side, doing some freelance job or at least dreaming of it and preparing themselves to find the right moment to start doing it.

For our parents and grandparents generation, these dreams of traveling far and finding adventure somewhere else on the globe, or starting a business on their own, running from the idea of the financial stability a real job will give you, was more or less an illusion. Most people were trapped, or self-trapped, in the idea of having a job, a family, a house, and living a little better each year and saving for retirement.

Maybe because of the housing crisis, the Internet era, social networks, the higher rates of unemployment all around the world, or everything that is happening together, weve learned that the old values of the perfect life are no longer valid. This has opened to us the doors and our eyes to find our future somehow in a different manner.

Weve seen 22-year-old guys selling their companies (some of them without even make a dime of profit) for billions, and weve all read stories about Internet entrepreneurs, traders, marketers and all kind of people who are living the great life but began in a very similar ground of where you and I could be standing now.

The good news is that you dont need to be the next Mark Zuckerberg to live an independent life. You dont need a degree from an Ivy League school so you may enter in into this elite group of people, because theres no gatekeeper here. And, yes, I know, because Ive done it myself. Trading and the Forex market is a way of gaining this the highly regarded financial freedom.

IMPORTANT WORD OF ADVICE:

Its very necessary for me to tell you, before you read any further and maybe waste your valuable time. This is not an advanced or comprehensive book covered with a lot of complicated strategies. This book doesnt rely on highly sophisticated math, complex indicators, and academic analysis of the markets or any of the sorts. If you are an advanced trader and are looking for the new high tech sophistication on finding your entry, you wont find it here.

In the beginning of my trading career I was also trying to trade with difficult to understand and highly sophisticated systems based on complexity and they just didnt work for me. Ill not say they will not work for you or the next guy, everyone is different and have different needs, but Ive found out that to be profitable in my trading, simplicity was a powerful and invaluable tool.

Why am I saying this to you? Ive found some people that have been disappointed and even angry to find out that this book doesnt have super advanced complicated extensive trading techniques and, if you are looking for that, please stop reading and just give back the book and we can part as friends.

In this book you will find my PERSONAL story on how I became a profitable trader in the Forex Markets, its not a comprehensive text book about trading covering a great deal of strategies or an extensive description of all about Forex trading. I dont pretend that this will be the only book youll read in your life to understand everything there is to understand about trading.

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