The Forex Trading Course: A Self-Study Guide To Becoming a Successful Currency Trader (Wiley Trading)
The Forex Trading Course: A Self-Study Guide To Becoming a Successful Currency Trader (Wiley Trading)
A pioneer in currency trading shares his vast knowledgeThe Forex Trading Course is a practical, hands-on guide to mastering currency trading. This book is designed to build an aspiring trader’s knowledge base in a step-by-step manner-with each major section followed by a thorough question-and-answer section to ensure mastery of the material. Written in a straightforward and accessible style, The Forex Trading Course outlines a practical way to integrate fundamental and technical analysis to iden
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26 of 28 people found the following review helpful:
So So, November 28, 2007
By Mark Twain “developerx1″ (United States) –
This review is from: The Forex Trading Course: A Self-Study Guide To Becoming a Successful Currency Trader (Wiley Trading) (Paperback)
Nothing new or great here. If your just getting started this book will help with the basics. The part about system development is very sparse (essentially just says use ms excel for backtesting). Overall I felt fleeced paying retail for this at B&N.
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15 of 15 people found the following review helpful:
Don’t waste your time, April 14, 2009
By Richard Reed Jr. “a man looking” (Indiana) –
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This review is from: The Forex Trading Course: A Self-Study Guide To Becoming a Successful Currency Trader (Wiley Trading) (Paperback)
This book is supposed to be for beginners in forex. But it is very poorly done. It mostly deals with fundamental analysis, but in a very unorganized and unstraight forward fashion. He shows bar charts and candlestick charts without bothering to explain how to read them. He even starts talking about pips without explaining what a pip is. Then he just gives the standard overview of technical analysis. Nothing truly in depth. He mentions using a practice account, but kind of pooh-poohs it. Then he challenges people to open $5,000 and $10,000 accounts and make 10-15 pip trades. This is not good in my opinion. A person should open a practice account an stick with it until they can make money consistantly. Then they should open a small account ($1,000-$2,000) and trade partial lots till they get the hang of it. And unless they like scalping (10-15 pip trades), they should aim for 100 pip trades. The only way I could ever make only 10 pips is to risk 30. Read Currency Trading for Dummies. It is a very well thought out, organized, and certainly more informative than the Forex Trading Course. The dummies book also has suggested reading at the end for further study. The Forex Trading course has a few books mentioned throughout, but considering how bad The Forex Trading Course is put together, I wouldn’t trust the books listed outright.
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