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Book review: Rafał Zaorski - "About speculation"
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Book review: Rafał Zaorski - "About speculation"

created Paweł Mosionek16 February 2020

A few days ago, there was information about the upcoming premiere of Rafał Zaorski's book - "About speculation". Rafał is a controversial figure, but considered by many Forex adepts as the father of the Polish trading scene. He became famous not only for the activities of TJS itself, or video coverage of payments of millions of profits, but also for his (for some shocking) individual views on investing. The tension and atmosphere of anticipation built up quickly - we were to gain access to priceless knowledge about speculation based on experience.

The book is available for free

Work on the book began in 2015 and has only now come to an end. It is 106 pages long, but the information is highly compressed. The book was to be made available for free - after all, the mission of TJS is to be non-commercial education of traders. Initially, the condition was to achieve 1000 likes for a post on the Trading Jam Session group. The author himself decided to do it a little faster. Just like that, for no good reason.

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A real lesson in… speculation?

Emotions caused by the appearance of Zaorski's book, in addition for free, aroused the emotions of the multitude of TJS members. After the announcement of the upcoming publication, many novice traders probably hoped that as soon as they got it and read it, there would be a breakthrough. They will learn secret knowledge, understand the market, unique strategies and ... start making money. Will this be what will happen? Probably only a few will get the essence of the message. But it must be so.

An unwise joke or a demonstration of feeding ducks?

In the comments on the post in which the book was made available, the book was full of confused comments: "Does it not work for you?", "I have white pages", "How to open it?", "Can someone send me a good version?". Some of the TJS'ers treated the publication as a joke. And isn't that the best speculation lesson? The announcement that "something" will happen, then this "something" follows and it turns out to be something completely different than you expected. After all, they said it would grow, and I bought it. But it's falling. Something is wrong? Why?!

You bought euphoria. Nothing more.

"About speculation" versus other publications

There is also a snap in the nose of authors of other books on investing, undermining their educational value. Does this mean that they are not worth reading? Not necessarily. The problem is always correct inference and the ability to think for yourself - no matter if the book has 500 pages with charts, 1000 pages of text, or 100 pages with white pages and 5 with popular quotes. Good luck.

"Nothing is as it seems"

What do you think?
I like it
57%
Interesting
14%
Heh ...
2%
Shock!
2%
I do not like
5%
Detriment
21%
About the Author
Paweł Mosionek
An active trader on the Forex market since 2006. Editor of the Forex Nawigator portal and editor-in-chief and co-creator of the ForexClub.pl website. Speaker at the "Focus on Forex" conference at the Warsaw School of Economics, "NetVision" at the Gdańsk University of Technology and "Financial Intelligence" at the University of Gdańsk. Twice winner of "Junior Trader" - investment game for students organized by DM XTB. Addicted to travel, motorbikes and parachuting.