Adventures of a Currency Trader

Trading technology has made exponential advances over the past decade. It is no longer necessary to work at a bank to trade cur- rency, nor is it necessary to have a broker talk your ear off about

why Pfizer should be taking off, when all you wanted to do was buy some

Intel. These days you can do it all from home on your computer. It is this

idea of independence and freedom that is attracting so many of us to the

trading marketplace.

That old statistic about 90 percent of traders going belly-up within

the first year . . . yeah that still applies, give or take a few percent. But

Rob Booker has made it a personal mission to prove that it needn’t always be the case. He has built a network of trading students all over the

world and helped them to realize that focus and discipline are all that

make a successful trader. Systems are a dime a dozen (or sometimes

$3,000 each), but only the disciplined trader who denies distraction will

make any money from them.

The market is overrun with books, courses, lectures, seminars, and

webinars designed to teach us all how to trade for a living and perhaps acquire a sense of freedom by doing so. The problem is that each expert who

presents such an offering is out to prove that it is the best and maybe the

only good trading system out there. Rob will tell you that the system is not

the most important piece of the trading puzzle. It is the ability to know exactly what you are looking for, wait patiently (or frantically, as long as you

really wait) for it to happen, and then jump on it. And repeat. And repeat.

Trading can become boring and redundant. But it is about making

money, not about excitement. It is about making money, not about being

right or smart. And well . . . trading isn’t even about the act of trading; it is

just about making money, to afford the freedom that we all desire. This

freedom is where the excitement really comes in. Freedom is the end. Hard

work, discipline, and focus are the means. It sounds lame, played out, and

cliché, but it is still true. When we lose sight of that truth and start feeling

like genius traders, we start screwing up. Many people give up along the

way, perhaps like the fabled gold miner who gives up digging just one inch

away from the vein of gold.

One of the top five most important things Rob ever helped me with,

was to not give up when I was losing and my financial situation was nearly

demanding that I focus elsewhere. He helped me dust myself off, reassess

my commitment to becoming a successful trader, and start over with a

proper foundation for success over the long haul. (Thanks Dude.)

In Adventures of a Currency Trader, Rob explores—through the story

of Harry Banes—the ups and downs of being a trader, the struggles many

of us must face to obtain the freedom that we are reaching for, and the liberating sense of finally making it.

This book, which is unique in its format, gives traders deep ideas to

think about: It presents a foundation to trade by and an example we can relate to.

MAXWELL FOX, currency trader