Left Brain Trading: The Right Mindset And Technique For Success In Forex : Book Review

"Left Brain Trading" by Lewis Evans is an extensive guide that aims to help traders develop a systematic approach to achieve success in the financial markets. Evans focuses on the importance of using the left side of the brain, which is associated with logic and analysis, to make informed trading decisions. According to Evans, emotional biases and impulsive reactions often lead to poor outcomes, and he provides practical tools and strategies to overcome these challenges.

The book begins by explaining how the dominance of the right brain in most individuals can hinder rational decision-making. Evans makes a compelling case for shifting the focus to the left brain, which enables traders to think logically and objectively. He presents a step-by-step process that traders can follow to strengthen their left brain capacities. This includes methods to reduce emotional attachment to trades and improve risk management.

One notable aspect of this book is Evans' emphasis on discipline and patience. He emphasizes the importance of sticking to a trading plan and avoiding impulsive actions driven by emotions. Through case studies and real-life examples, Evans demonstrates how a systematic approach to trading can lead to consistent profits over time.

In addition, "Left Brain Trading" addresses various technical aspects of trading, such as chart patterns and indicators, while providing a broader perspective on market dynamics. Evans explains how to evaluate market trends, identify key support and resistance levels, and determine entry and exit points using technical analysis tools.

Overall, "Left Brain Trading" is a valuable resource for traders of all levels of experience. Lewis Evans' approach offers a systematic framework that focuses on logic and analysis, encouraging traders to overcome emotional biases and make rational choices. With its practical strategies and comprehensive insights, this book provides a solid foundation for traders looking to navigate the financial markets confidently.

What are readers saying?

The book "Left Brain Trading" by Lewis Evans has received a combination of positive and negative reviews from readers. Some reviewers have praised the book for its practical and accessible approach to trading, while others have criticized it for lacking depth and detailed explanations.

One reviewer commends Evans for presenting a clear and concise trading system in "Left Brain Trading." They appreciate how the author breaks down complex concepts into easy-to-understand terms, making it suitable for beginners. The reviewer finds the strategies outlined in the book to be practical and effective in improving trading skills.

However, some readers feel that the book falls short in providing in-depth explanations and real-life examples. They express disappointment in the limited analysis and argue that the strategies presented are too simplistic for experienced traders. These readers believe that the book would benefit from more detailed discussions and case studies.

Additionally, a few reviewers mention that the book neglects the importance of emotional intelligence in trading. They suggest that a more holistic approach, considering both analytical and emotional aspects, would provide a more comprehensive perspective on successful trading.

Despite these criticisms, many readers appreciate the practicality and straightforwardness of the book. They find the step-by-step instructions and clear charts helpful in implementing the strategies. Some readers even claim to have achieved positive results in their trading after applying the techniques learned from "Left Brain Trading."

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