Adventures of a Currency Trader: A Fable about Trading, Courage, and Doing the Right Thing
Rob Booker, John Wiley & Sons, Inc., 2007
Definitely, this is not a how-to book about Forex trading. As the title suggested, it is an adventure story, about money. The story is like a fable, where I found much the same as I did. The story has a happy end, just as most of the Hollywood movies. However, I don’t my end yet, whether happy or disastrous.
The book is full of an optimistic attitude, perhaps it originates from the nature of Americans. I seldom feel so optimistic about the unknown future, and always in a slightly upset mode. When Harry, the protagonist, lost his job, and lost almost all the money in his Forex account that he couldn’t afford, I felt really sorry about him, about his wife and children. I couldn’t help thinking what about me if in the same circumstance. However, I did find an exciting idea on trading from the book. Arbitrage between two brokers when one of them does not charge/pay rollover! I was so excited, and thought that it is the reward of reading so many books. Every dog has its day. However, the excitement did not last long, when I realized that the idea is so popular that it is hard to practice in real market any longer. There exists no broker that does not take account of rollover or swap, except some small brokers. Putting money into their bank account is rather risky, it is not arbitrage any more. Oops, it seems there is no easy money at all, at least from my point of view.
