Online Trading Industry Expert Javier Paz Shares Essential Rules
for Making it in the FX Market
OREM, Utah, Nov. 19, 2012
/PRNewswire/ -- For newcomers, Forex trading is a potentially
lucrative, yet dauntingly complex, activity. Javier Paz, one of the best known online trading
industry analysts and a veteran FX trader, offers beginners and
intermediate traders a clear path to reach trading proficiency.
In The Forex Trading Manual (McGraw-Hill; Hardcover and
eBook formats: US$35), Javier Paz boils the complexity of FX trading to
a few basic elements, including: an overview of fundamental and
technical analysis, a proven trading strategy, a detailed trading
plan, and a robust understanding of trader psychology.
Additionally, traders will learn valuable lessons on trade size
rules and risk management.
Following his past experience as a supervisor of money managers
at a brokerage firm and to his lengthy FX trading experience,
Javier Paz believes there are right
and wrong ways to approach FX trading. Written in a refreshingly
easy-to-follow style, The Forex Trading Manual makes the
case that learning to trade is much like learning to drive: it
takes some time to master, there are rules that should be followed
consistently, and emotions should always be kept in check. "What
guided me while writing this book was that I kept my own teenage
children in mind… for them to reach the proverbial pot of gold,
while sidestepping various pitfalls traders succumb to, the message
had to be delivered clearly," Paz writes.
"With his book 'The Forex Trading Manual,' Javier has
provided a good resource for investors who want to trade forex,"
says Dean Popplewell, Chief Currency
Strategist for OANDA, a leading forex broker. "Whether you're new
to forex or an experienced retail trader looking for better
results, this book explains how to trade with a disciplined
approach that is essential for consistent performance."
More information: www.forexdatasource.com
About the Author
Javier Paz is a veteran Forex
trader and a recognized online trading industry expert.
As senior analyst for the Boston-based Aite Group, Paz evaluates trends
in the active trading industry and is regularly quoted in the
financial media, including the Wall Street Journal, Reuters, and
Bloomberg. He has also served in trading industry events as
keynote speaker, judge, and panelist. Prior to the Aite
Group, he launched ForexDatasource.com, ran the institutional desk
of retail FX broker IBFX, and worked as an analyst in the fixed
income and derivatives desk of Credit Suisse First Boston and
BankBoston.
About ForexDatasource.com
Since 2007, ForexDatasource.com has been an online destination
for sophisticated traders. The site offers educational articles and
premium tools aimed at helping active traders. Registration to the
website is free and it allows users to create their own news
streams using more than 100 reputable news feeds and to make in
depth FX broker comparisons.
Advance Praise for The Forex Trading Manual
"Javier has written a guide for Forex that is like no other.
. . . If you want to understand how the world of Forex works, then
you must read this book." —Casey
Stubbs, founder of WinnersEdgeTrading.com
"The Forex Trading Manual has hit the ball out of the park—a
real home-run. We have long needed explicit instructions on the
trading plan all the gurus say we need, and here it is."
—Barbara Rockefeller, author
of Technical Analysis for Dummies, founder of Rockefeller Treasury
Services
"This book is excellent. . . [it is] oriented towards the
practice of trading. Contrary to most other related books, it gives
excellent advice on how to start and make progress. In it I have
found inspiration for my own tries." —Arnaud Jeulin, Founder of
forexticket.com and mataf.net
"An excellent guide for those looking to take their forex
trading to a higher level. . . . [and a] valuable addition to any
forex trader's bookshelf." —James
Chen, CTA, CMT, Director of Technical Research and
Education, FXDD, and author of Essentials of Foreign Exchange
Trading and Essentials of Technical Analysis for Financial
Markets
"A great resource for investors looking for education that
integrates the theory of forex trading with application on the
industry's best-practice trading platform." —John Jagerson, founder of
LearningMarkets.com and author of All About Investing in
Gold
"It coaches readers on how to trade consistently with a
disciplined approach and how to recondition your trading habits if
you're an experienced retail trader in search of better
results." —Dean
Popplewell, Chief Currency Analyst at OANDA and
editorial director of MarketPulseFX, OANDA's Forex blog
"A concise, detailed, no-nonsense resource. . . . Highly
recommended." —Jamie
Coleman, Managing Editor, ForexLive.com
SOURCE ForexDatasource.com