Forex Trading Money Management System: Crush the Forex Market with Bigger Profits and Smaller Losses!

The author lays down some fundamental idea about money management in an easy to understand way and I believe it is in the right direction to successful trading.However, the two drawbacks are:1. The book seems to be orientated to selling EAs (trading robots) and membership. And you get directed to his website which sells trading robots etc. I find this is a bit inappropriate for a proper trading book.2. The promise that you can win roulette by just money management is inappropriate and misleading. I wrote a script to prove that using his money management and random number and it always ends in losses. The probability of getting consecutive wins are far less than win-loss alternating.

Trading force at home is a very risky way of trying to make money and over 90per cent of traders lose. Sometimes it seems that if you took trades in the opposite direction that your analysis shows, you are more likely to have a winning trade. So trading is actually like tossing a coin. This book shows how you can trade using the principles of roulette trading, but adding some very innovative money management techniques. Well worth reading to change your mind set and to try out a completely different method of forex trading.

good read

Don't waste your money.

Very interesting read, taking a detailed and intelligent look at how money management should be a key part of any winning system.

Four days ago I did a Google search for "best forex book on money management" and I came across this book on Amazon and I'm so glad I did.I loved the book but I have to admit I was sceptical at first. The results the author claimed were possible with his money management system just seemed too good to be true!This is hands down the best trading information I've come across and I've spent hundreds of hours researching and trading Forex since 2014.Don has been developing the strategies in this book since 1999. Take advantage of his twenty years of experience and read the book!

Although I generally understand the overall methods used in this money management system, I like this different approach to trading and so far it's been successful for me. Don backs up his methods by using several verified live accounts on myfxbook (search for Roulettetrader) which show live progress of his trading robots employing his methods.As an unenthusiastic trader, I am quite happy to see if a robot trader can outperform my occasional efforts at taking on the market!

Brilliant book for the cost so insightful at maximising profits has helped me so much with money management