Book Descriptions:

This book develops the Loss Recovery Trading System (LRTS) for online Currency trading by demonstrating how you can recover from losing trades in the Currency and other markets. The strategy does not eliminate StopLoss but designed to combine different order-types to arrive at breakeven or net profit. In other words, in the event of losses i.e. the trade moves against you; and that occurs in about 60% of the time, the trade set up will close with both profit and loss with the former higher or equal the latter. Also, it does not advise doing away with Money Management and Position Sizing that are vital tools for risk management. They are integral parts of the strategy. The focus is on recovery from a trading loss currently in your trade position. It recognizes that losses do happen and therefore a strategy of recovery is required by creating several market opportunities based on the market volatility. The book also shows that you cannot only recover from your loss position in your FOREX trading but turn the same to profit regardless of market direction. It is both a trading and recovery strategy. It symmetrizes the Fibonacci Numbers into a trading system that can recover losses when your setup fails. It also predetermines position size, boosts trading psychology with sound money and risk management. Your broker's acceptable margin level is used to predetermine and preset your position size and money management using the Position Sizing, Risk and Money Management (PSRMM) optimality table. The risk of high leverage and margin calls is completely eliminated. Consequently, the psychology of the trader is boosted and can trade with utmost confidence without fear or greed. This is an uncommon all-in-one book that incorporates Technical Analysis, Position Sizing, Money Management, Trading Psychology and Loss Recovery. The outcome of your trade will be either full profit as planned (for winning trades), net profit for trades that move against your plan or break-even, in the very worst case scenario.




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