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  #1  
Old Jul 21, 2006 4:33am
ManInBlack's Avatar
Hello, I'm Johnny Cash
 
Member Since Jan 2006
Default Left Brain Trading

When I decided to write a review of this book, I thought that the best review is to present to you my outlook on trading after reading it, and you will see how it has influenced my life and trading from within me. It is the only way I could think to do it justice without just saying its great buy it. Don't take my word for it either, others have sung its praises on this forum and others.

Suspend your judgement and forget about everything you have learned and consider these things...

Left Brain Trading is a synthesis of mindset and technique, right and left brain thinking. It is about developign the traders mindset, and then applying that to an excellent technique. Nothing that we can create and verify for ourselves is too good to be true. Forex itself seems to be too good to be true and we all salivate over it. But we struggle to achieve succes in it, because it is unlike anything else, and we do not have the right stuff inside yet usually.

Lewis says keep it simple. Develop the right mindset first. Learn what the masters do differently, they think differently!

They have the same price information we do, they do the same things we do, they just have the right mindset. There are guys out there trading for years that still aren't trading at their full potential, and thanks to people like Lewis and Olga, newcomers and experts alike are getting complete satisfaction and wholeness out of their lives and their trading.

This stuff is serious. It is the only think that can possibly hold you back long term. Isn't it? So this book gives you this information. Take it, immerse yourself in it, and believe in yourself you can be happy all the time while you are trading, that you never have to feel emotional pain, or experience a major drawdown again. It is possible, and when you have the right mindset, it's probable!

The Golden ratio is a mathmatical phenomenon that shapes the stars, our bodies, and I believe our minds. What the LBT course suggests, and I wholeheartly agree, is that when you apply the fibbonaci ratios of natural perfection and growth to your mindset, you open up a channel of positive energy in your life that can give you everything you need.

My friends it is not the market that we are interacting with, we are primarily working with our minds and emotions at the end of the day. We are watching not merely bulls and bears, but really we are watching the universe move. Currency is fundamental to the structure of the entire world. Movements in currency reflect the fibbonaci ratios, because en masse, the world creates in them with it's thoughts.

Consider this my friends before you balk and return to your stress balls, upset stomachs and artifical joys that are part of your limited mindset and coping skills. If we feel this makes perfect sense, that is very different than applying it to our lives. This is not only the only reason we do not succeed in trading, it is the reason we fail in relationships, health, and generally in getting anything we want. Taking 100% responsibility is the only way to truly take control of your life and your destiny. Also, connecting with yourself and accepting the truth about who you are and what is really going on in your life is the only way to free yourself from where you are.

The book goes into more detail about how to apply this in your trading etc...

Oh the technique aspect? It is truly original and powerful. The mindset has been writin about, (all too infrequently) but the technique is very original. It is not a system as much as it is a framework, you can use it in tandem with any system, but you can use only the framework to trade as Lewis himself does. There is a good private forum that comes with the purchase of the book. Available are 1 on 1 consultations with Lewis and Olga, and CD-ROM is in the works.

Truly, once you have the mindset, part of having it is learning the technique and applying it properly. Like they say, when you've got it inside everything outside falls into place...

Good Luck!
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  #2  
Old Jul 23, 2006 5:55pm
chknhwk's Avatar
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Member Since Sep 2005
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just ordered a copy today.
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  #3  
Old Jul 25, 2006 12:56am
Member
 
Member Since May 2006
Default Another book I will buy.

First off I would like to say that I am completely new to the idea of trading. I have been trading on a Demo act. for a few months. I ran into a list of books that were recomended by ManInBlack and I have since aquired 2 of the 3. I am to the point now where if he says its a good book to buy Ill just buy it. As a matter of fact I have read my first book 2.5 times and now have a trading journal. I am also 2 days into my second book at page 130. I look forward to seeing more reviews by him.

Last edited by Chadrlz, Jul 25, 2006 1:07am
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  #4  
Old Jul 25, 2006 2:33am
Lou's Avatar
Lou
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Member Since Mar 2004
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Remember if you are in the USA you can get some books for free from the library. Especially some of the older titles. In my area we have inter library loan. I have gotten books from universities and business schools from all over the country on loan.

Lou
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  #5  
Old Jul 29, 2006 7:22am
jonas's Avatar
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Does anyone who read it? pls give your comment
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  #6  
Old Jul 29, 2006 9:18am
HeavyJ's Avatar
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Member Since Oct 2005
4 Vouchers  267 Posts
Thumbs up Here's my review!

Quote:
Originally Posted by jonas
Does anyone who read it? pls give your comment
The book is written in two parts.

Part 1: Self Help Primer

This is a concise section on mind set that deals with internal issues which could hinder trading. This part is not unlike many available self help books, but it is written well and with the "trader" in mind.

Now, Man in Black is "fired up" about this section! That's good! If you have already invested time and energy to work on the "Laundry List" of items in this section you may, not find it as useful. But it is, as I said well written and relatively short. One would be behooved to digest the material and see if your "reflection" is revealed. If so then delve further! Hang out in this section for a while.

Part 2: "Trading Framework"

Now normally I would feel, like a fly on a toilet seat (pissed off), when I buy a book on trading and it doesn't include clear descriptions of entries, exits, MM ect..... not this time however!

Lewis' "Absolute Fibonocci" is presented as a "framework" of how currencies move. It is very powerful indeed. I have now applied it to all of my set up charts and it has already improved my system.

A quick scrub of my charts shows that my past perfomance could have been greatly improved with this framework in place. If you have a system that works relatively well, place the AF Framework on your charts and trade as normal. I betcha, you'll "notice" things.

(Vegas and Du Toit protegees take note!)

There are no clear "press this button now to make pips" directions included. Lets be clear! And Lewis, who say's that he trades strictly by his AF indies, offers seminars on how to do just that. But the AF structure is well worth the price of admission........for $25 ......it's a steal!

And if you suspect you might have internal issues that are hindering you, "LeftBrain Trading" just might be the butter on the biscuit.....pass the sorghum please!

This is my honest opinion.........Can't dance to the first part....I give it an 8!

Good Journey!
HeavyJ
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  #7  
Old Jul 30, 2006 1:56pm
ManInBlack's Avatar
Hello, I'm Johnny Cash
 
Member Since Jan 2006
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yeah overall I would have to say that my attitude towards the information int he first section comes more from my enthusiasm for life and for what the law of attraction, and conscious enlightenment can create in your life, rather than the breakthroughs it allows me in my trading. Since I "plugged in" to this phenomenon and I have reprogrammed myself somewhat, I have gotten "fired up" about pretty much everything in my life all the time. Not that life is perfect, but life keeps movng and is more exciting and rewarding.

It's true that the book is not the first to bring this to light, but it does manage to do it in only a dozen pages or so, really well, which can really be a lot better than slowly being introduced to a concept over the course of an entire book of 300 pages.

Awfully hard to write the perfect book for every trader, I wouldnt rate it out of 10, I would have to say that it's really a reflection of yourself, and what you are looking to as your goals and what it's like for you trying to get there. Some people say thay don't ever really "get" the framework or doubt it's usefulness! Clearly they haven't really gotten it if they dont think it works....

anyway its such a gem for sure and what you'll get out of it is based on what you are like inside when you are into it.

Good luck in the market my friends
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