Forex Books Talking

Yet another book rehashing old technical analysis material. I also have problems with the judgment of this author. He talks about arbitrage and how one can profit when different

currency pairs go out of sync. This is mostly for professionals, but some do it with a home computer as well, he continues. I find this very naive. Old material and a naive author. You decide if it is worth $53.

Do you want to make money? Rough calculation: $15 dollars of the selling price of $53 goes to the author. Libraries buy 3000 copies and individuals buy 5000 copies. That is $120,000 to the author.

For experienced traders: This book provides very basic overviews of various charting techniques and never goes into enough depth to be of any use to an experienced trader.

Most sections end along the lines of "this concept is essential knowledge for the trader but a detailed discussion is outside the scope of this book". The TOC looks interesting but the chapters do not have any actual meat.

For newbies: The book doesn't provide any useful introduction to FX trading so I don't see this book as offering any value for newbies either. I'm shelving this book under the crowded "useless fluff" category.

Comment 3 people found this helpful. Was this review helpful to you? No Report abuse 1.0 out of 5 starsBad By John H. Sweet on March 14, 2007 Format: Paperback Verified Purchase

Save your money! This book is not worth the effort and definitely not worth the price. 3 Comments 5 people found this helpful. Was this review helpful to you?

The definitive introduction to FOREX trading
Getting Started in Currency Trading, Fourth Edition is both an introduction and a reference manual for beginning and intermediate traders. Starting with a description

of the Foreign Exchange (FOREX) market and a brief history, the book includes an invaluable section made up of relevant FOREX terms clearly defined using examples.

The FOREX market has grown substantially and evolved dramatically in recent years, and this new edition is designed to help the reader to adapt and take advantage of these changes.

Including coverage of how to open a trading account, a step-by-step walk through the physical processes of placing and liquidating currency orders, and information

on trading strategy and tactics complete with fundamental and technical analysis, the book has everything needed to assist the trader in the decision making process.

New edition is revised and expanded to take into account all of the recent changes in the currency market Now includes a step-by-step introduction for the new trader and additional material on regulation

FOREX arithmetic calculations are presented in a clear, easy to understand way Recommendations, guidelines, and caveats appear throughout the book This new edition of Getting Started in Currency