My trading days on Forex began when I bought some anonymous information, hoping to learn the tricks of the trade of the market, and how all of that pertained to me.
The second half of this book is much better than the first, though there were a trio of fine trading options dealing with stock market correlation, carry trade, and commodity correlation — the three things I gleaned from reading it. Though the books ideas about calculations for pivot point are decent, I have serious doubt about their utility. There are also so many books in the market today on fundamental and technical markers, but this book explained them well, indeed.
This book is almost a miracle in how well it works; I got into the FX Bootcamp and saw individuals actually live trading using their proven methods! This book forced me to take a good look at the good, the bad and myself. It let me understand what my weak points and insecurities were; therefore I could actively work to strengthen them and become the dynamic assertive person that I discovered was inside me all along.
Many of the overlooked miscalculations in this book could definitely steer newcomers down the wrong path — it hardly covers pivot points and retracements! The biggest gripe I have with this book is with the charts. It is humorous though when the author refers for you to check two different color lines in a chart and compare them, even though both lines are the same color; black.
The flow of the entire book is inconsistent, it constantly skips around with little cohesion; and besides that, there are many typographical and syntax errors. In one section the author confuses the bottom and top line of stochastic oscillators — a mistake that could be baffling to a newcomer. I may not have the most expertise on Forex, but I discovered that I enjoyed this simple to understand book. E-Mail will not be published required.
About Trading Forex like any other financial trading activity can be very risky. Trading with margin is even riskier. To be prepared to the possible losses and other dangers of market, it's recommended to read the Forex books written by professionals and recommended by the successful traders. Forex books presented on this site can greatly improve your chances to prosper from currency trading and to avoid the common mistakes that have blown up thousands of accounts.
Don't forget to read the Forex book reviews before buying them and, please, leave your own review after you read the book. Read first, trade next!More...