Can you really make a living from FX ?

[whitelily]

Where is the website link for the book? thanks

[whitelily]

Originally Posted by SonOfSoros

Just downloaded the book from a russkie site .. and it cost $0 .. will report back how useful it was.

Hi, Can i have a link to the book?

[tstmarkt]

Since posting my question, I have read a number of books and I have a few more still to read. I am now able to consistently make profits and will slowly move up my margins. My intermediate plan is to be making a few thousand dollars a week by the end of 2006. Long term plan here is still unclear but can see myself making 5 - 10 thousand a week a few years from now.

[turbooo]

i personally think thats a great goal. regardless what others may say i too am making money in the market and also see myself slowly increasing my capital. to me it seems like the succesful traders that actually make a living (in my opinion) will most likely not be posting/browsing through forums/bulletin boards since they got some type of stratedgy or method that works for them why waste the time? in addition no need to brag show-off since the money speaks for itself. i believe a well trained and experienced trader CAN and is able to make a living off the market. just my 2 cents...

[mrbrint]

Many in this thread want to talk about what isnt possible and how you cant win and on and on and on. There is no doubt that some strategies work better for some than others, there is no doubt that leverage is risky, but yeah there is risk in virtually all things worth doing. Not to mention that in any market there are a million different ways to make money and they all work. But they dont work for all people or all situations, and the market does what it wants. Who am I to say someone can or can't make x amount. Anything is possible. I was told four years ago that I could not make a living in equities, Im still here and all my bills are paid. Ill be the first to tell you that forex is high risk and that nothing is easy especially when it comes to making money but anyone can do whatever they want despite all the negitive talk in the world. Do I make a living in forex? No, could I? sure. Will I? Well thats my choice isnt it.

[ajhardesty]

Originally Posted by Trader01

One book that I am waiting to get my hands on is the upcoming release by Kathy Lien, Head of Research @ FXCM. She writes for Stocks & commodities, Currency Trader Magazine etc.; reading her insightful commentaries here and there thus far has rocket-fueled my striking ability and sharpened my weaponry exponentially.

Trader01,

I assume you have this book by now, but if not, you should know that it has hit the streets. Picked my copy up a few weeks ago--definitely worth the price.

[PTB]

Originally Posted by ajhardesty

Trader01,

I assume you have this book by now, but if not, you should know that it has hit the streets. Picked my copy up a few weeks ago--definitely worth the price.

What is the name of the book?

[ajhardesty]

Originally Posted by PTB

What is the name of the book?

Day Trading the Currency Market by Kathy Lien (Wiley 2006)