Successful Trading Is Not About Being a Genius

During my currency trading career, three books have had a profound influence on me by dispelling several common beliefs. And perhaps they can help you too. The first was … The Way of the Dollar, by John Percival With this introduction, Mr. Percival made a key point that struck me: “Finally one had to see if there were other relationships which had any predictive value for currencies — like inflation, trade, money supply, oil prices, economic growth, et al. “So far, the conclusion is that few such relationships — and none of the relationships that most observers seem to rely on — are useful for predicting the dollar.” It took a while for Mr. Percival’s . . . → Read More: Successful Trading Is Not About Being a Genius