Book description
A streamlined and highly effective approach to trading without indicators
Most forex traders rely on technical analysis books written for
stock, futures, and option traders. However, long before computers and
calculators, traders were trading naked. Naked trading is the simplest
(and oldest) trading method. It's simply trading without technical
indicators, and that is exactly what this book is about.
Traders who use standard technical indicators focus on the
indicators. Traders using naked trading techniques focus on the price
chart. Naked trading is a simple and superior way to trade and is
suited to those traders looking to quickly achieve expertise with a
trading method.
- Offers a simpler way for traders to make effective decisions
using the price chart
- Based on coauthor Walter Peters method of trading and managing
money almost exclusively without indicators
- Coauthor Alexander Nekritin is the CEO and President of
TradersChoiceFX, one of the largest Forex introducing brokers in
the world
Naked Forex teaches traders how to profit the simple naked way!
Alexander Nekritin is the CEO and President of TradersChoiceFX, one
of the largest forex introducing brokers in the world. He has over ten
years of successful trading experience in equities, options, futures,
and forex. Nekritin holds a degree in finance with a concentration in
derivative instruments from Babson College. His work has been featured
in many web publications such as FXstreet. com and TradingMarkets. com.
Walter Peters, PhD, holds a doctorate in psychology and is a
full-time forex trader. He trades for the DTS Fund and works with
traders through the website FXjake. com. Peters is a technical trader
and takes a unique "naked" approach to forex trading. Nearly
all of the trading systems he uses and teaches are systems without
technical indicators. Peters believes that an understanding of
cognitive psychology in general, and in particular cognitive biases,
is useful for the forex trader.
