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About the Book

 

Hit the Spot: How to Tame the Currency Market by Reggie Henkart, CTA, provides new and seasoned traders with a revolutionary, new strategy that is changing the Forex industry in over 80 countries.

 

This book is divided into three major sections.

 

The first section reveals the indicators that Henkart has used since 1993 when he started trading and teaching Forex.

 

In the second section, he explains in detail, how to exploit the hedge provided by the FreedomRocks strategy. He also provides insight into the most advantageous system for trading non-directionally, creating a staggering ROI by working a mere 15 minutes a week.

 

The last portion of this highly informative book ties it all together. Henkart shows you how adding money management techniques and fine-tuning specific strategies can prevent the dreaded margin call, and increase your capital using OPM (Other People's Money).

 

This runaway bestseller will simplify your trading life while
providing you with the financial freedom you have been waiting for.

 

 

The Revised edition of HIT THE SPOT, How to Tame the Currency Market provides new and seasoned traders with revolutionary, new strategies that is changing the forex industry around the world.

 

Table of Contents  
   
INTRODUCTION
1
   
Part 1: Ready
3
   
I. WHAT'S IN IT FOR YOU?
5
   
II. WHY THE SPOT CURRENCY MARKET?
7
   
III. TECHNICALS VS. FUNDAMENTALS
9
   
IV. BASIC TECHNICALS
13

 

1. Basic Pattern Analysis
2. Candlesticks
3. Indicators
4. Fibonacci  
13
15
18
30
   
V. ADVANCED TECHNICALS
35

 

1. Advanced GET
2. VantagePoint 
3. TraderPlanet.com
35
38
45
   
VI. PSYCHOLOGY: ALL ABOUT LOSSES
47
  1. Losses Are Inevitable
2. Trader Personality and Losses
3. Reasons Traders Lose Money
4. Overcoming Loss Issues
5. Options after a Loss
6. Dealing with Future Losses
7. Disconnect Anchors
8. Where Is Your Focus?
9. The Behaviorist Model
49
50
51
62
68
71
73
76
76
   
Part 2: Set
83
   
VII. SYSTEMS
85
  Types of Systems
87
  1. Free Systems
2. Fee-Based Systems
a. False Bar
b. 4X-HotSpot
c. Spot-On
87
91
91
95
104
   
VIII. EXPERT ADVISORS
137
  1. SpotLight
2. 4X-SweetSpot
3. FX On The Spot
139
148
154
   
Part 3: Go!
163
   
IX. BROKERAGE SERVICES
165
  Back Bay FX
Featured Brokers
165
173
   
X. ENTRY & EXIT STRATEGIES
179
   
XI. MARGIN CALLS
181
  1. Add Money
2. Close It All
3. Reduce Margin Percentage
4. Conclusion
186
188
189
189
   
XII. MONEY MANAGEMENT
191
  1. Psychology
2. System
3. Cash Out
191
192
193
   
ADDENDUM A: FOREX OPTIONS 197
   
ADDENDUM B: NFA COMPLIANCE RULE
2
 
43
 
215
   
RESOURCES
219
Books
Magazines
Websites and Company Contacts
The Spot Review
Coaching
219
219
220
221
222
   
MAY YOUR JOURNEY FULFILL YOUR QUEST!
223
   
ABOUT THE AUTHOR
225
   

 

Past performances do not guarantee future results.

 
Hit The Spot Book

"HIT THE SP0T by Reggie Henkart, published by Family Freedom, Inc. is about as simple as it gets.

 

The author has been training forex traders for years and has placed the kernel of his teachings in this work.

 

He gives enough explanation so you understand why he likes it. He quotes knowledgeable people in the forex field, openly endorses his favorite programs, and then puts the forex trading business into the information you need to get in and out, with more profits than losses."

Technical Analysis of STOCKS & COMMODITIES magazine.

Copyright© 2010
Reggie Henkart, CTA
Email: info@hitthespot-thebook.com
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