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futures. She has taught seminars around the world on day and swing trading the currency market. Kathy is also one of the authors of Investopedia's Forex Education

Currency Trader, Futures Magazine and SFO. She is frequently quoted by Bloomberg, Reuters, the Wall street Journal, and the International Herald

Tribune and has appeared on CNN, CNBC, CBS and Bloomberg Radio. She has also been on a few episodes of Wall Street Warriors, hosted trader

chats on EliteTrader, eSignal and FXStreet, sharing her expertise in both technical and fundamental analysis. Many people have asked how Kathy has managed

to achieve so much at such a young age, but if you consider that she graduated New York University's Stern School of Business at the age of 18 in 1999, she actually has a wealth of experience.

I have had the pleasure of seeing Kathy Lien speak twice at Forex seminars. She is very intelligent and has a wonderful personality. You will find some interesting

and informative content in this book that can be useful in your educational path in Forex. But it is important to keep in mind that the book

written not by a trading entrepreneur but by a representative of one of the largest Forex brokers. To become a successful trader it is essential

to recognize the vast difference in agenda between winning traders and brokers. The entire industry is driven by brokers and almost all material availabl

on learning to trade is tied directly or indirectly to the broker industry whose agenda is to teach trading strategies that make the most money for THEM.

Because the industry is unregulated, brokers are able to get away with many less than ethical practices. For instance, it is ironic that anothe

reader mentions how Kathy covers the subject of the "carry trade" in detail. The last time I spoke with FXCM I discovered to my shock that they had adopted

the policy of charging a negative interest regardless of which direction one was trading which I believe should be criminal. But there is no regulating agency

to prevent them from doing that. Neither the CFTC nor the NFA actually regulate the activity of Forex brokers. Some other brokers, refuse to publish their interest

rates or display them in their trading platforms so they can change them behind the scenes every day according to what benefits them the