Author: Mark McRae
- Trading books are a form of accounting ledger that contains records of all tradeable financial assets of a bank.
- Trading books are subject to gains and losses that affect the financial institution directly.
- Losses in a bank’s trading book can have a cascading effect on the global economy, such as those that occurred during the 2008 financial crisis.
Sure Fire Forex Trading
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Surefire Forex by Mark McRae is a trading system based on Fibonacci retracements and involves looking at 3 indicators to make sure that you are not trading against the trend. You then use a calculator (the Risk Probability Calculator: see picture), to see if the trade matches your risk/reward profile. If it does, you can decide whether you want to enter the trade or not and you have a profit target provided for you – it is a pretty simple trading system.
Mark Mcrae ‘With over 18 years experience in the casino industry and having traveled the world I decided it was time to settle down and concentrate on my passion of trading the financial markets. It took many years to make the transition from casual investor to fulltime speculator. I now teach, lecture and trade fulltime.’
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