Diary of a Currency Trader: A simple strategy for foreign exchange trading and how it is used in practice

Samuel J. Rae

Dec 2013 · Harriman House Limited

About this ebook

Diary of a Currency Trader is Samuel J. Rae's no-nonsense, full disclosure look at his approach to the retail foreign exchange markets.

In the book Samuel takes you through his personal journey and how he got to where he is today followed by a step-by-step, illustrated description of the strategy he uses and the principles that underlie his approach.

Having described the way he trades, Samuel then journals ninety days' worth of market operations with full explanations as to how and why he enters each and every trade, the results he achieves and his thoughts on the markets he operates in.

Fully illustrated and set out in an easy to follow format, Diary of a Currency Trader takes you into the daily operations of a retail trader to an unprecedented level of detail. If you are looking to discover what it actually means to trade forex full time, this book is for you.

Ratings and reviews

Still reading it, but so far for my first impression, seems current 1 star review is completely ridiculous. Trying to balance it at the moment. Complete review will follow. (Done!) I kept my rating at 5 as this book is exactly what I'm looking for. Not about usual pattern&indicator-empty-talks and all the blabbering while the charts have already presented themselves, rather we can see it exactly, raw and straightforward: how a regular trader executed his trades. Very recommended

About the author

Having completed his Economics BSc Degree in Manchester, Samuel Rae quickly discovered that the retail Forex industry was for him. A short foray into the corporate world drove him to search for an alternative to the more traditional ways of making a living, and in becoming a retail trader he has achieved exactly that.

Through persistent market participation and extensive education he has grown to become a specialist in both fundamental and technical analysis.

His personal trading style combines classic candlestick analysis with a simple, logical and risk management driven approach to the financial markets - a strategy that is described and demonstrated in his Diary of a Currency Trader.