I just received my copy of the new book Leveraged Trading, written by Rob Carver and I was not disappointed. I have written before about enjoying his past two books, Systematic Trading and Smart Portfolios. His latest book is not just the best coverage of the topic of leveraged trading of small portfolios I’ve read, it’s actually the only good one I’ve come across.
The prevailing attitudes in this part of trading tends to be based on marketing and misinformation trumpeted out by brokers, self proclaimed gurus and people who want to sell you ‘forex robots’. The gist of what you see most of the time is that you should only trade forex, as that is somehow cheap and easy to make money from, and that you should take take high risk, aiming for hundreds of percent a year.