RUNY Spekulacyjne Rafała Zaorskiego
Inny wymiar zarządzania kapitałem na rynku Forex
Author: Barbara Triss
I’ve read this book as a summary of Rafał’s way to trade. He’s a speculator, which aligns to my way of taking transactions. Book can be found in the internet.
Book is chaotic and not that straightforward to follow, but there is some wisdom. There’s a good description of money management approach for speculation, to split your bank into 3~5% chunks that you manage separately - risking low, but with potential to grow. There are also things that I don’t like. He do not use Stop Losses, which IMO is a mistake. Of course Stop Loss could kick you out of the transaction in worst possible moment, but it helps to keep you to your assumption and plan.
If you’re interested in this personality, read this book. It’s really a short one.
If you’re interested in trading or speculation, you’d better spend time reading: “The First Trading Manual” , “Best Loser Wins” or “Chart Patterns” .