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W**N
An excellent introduction to forex...and much more
As someone who has spent years developing stock trading systems, I highly recommend Jim Brown's introduction to currency trading. From sad experience, I know that 80 to 90 percent of the books on trading systems are a waste of time. They present cherry-picked examples of great trades to dazzle the reader and build up a false sense of confidence in the system. When you try to use these types of books in real trading, you lose money fast without a clue of how to fix the situation.This book is is not one of those dead ends. It explains how forex trading works in clear, simple terms. It teaches the basics that are part of any solid trading system...finding a trading style that fits you as a person, selecting the right instruments to trade, finding good entry and exit points, managing risk, position sizing, and above all, approaching every trade with the right psychology. Winning at the trading game is all about mastering these fundamentals; the author does a good job of introducing readers to those fundamentals and showing why they are important.There is much more to this book than the information between the front and back cover. At the end of the book, Jim Brown invites readers to join his FaceBook group and download a forex trading system that he himself uses. I joined the group and found a wealth of information from the author as well as a trading community that has sprung up around him. I also downloaded the trading system and found it to be a solid approach to profiting. The best systems tend to be both simple and elegant, and this system checks the box on both qualities.If forex trading interests you, make this the first book you read. It is an excellent introduction to the craft by an honest and generous professional.
J**S
Great primer!
A great introduction to forex trading. The essentials are covered without a lot of unnecessary filler, it's "meat and potatoes" if you would. The information is presented in a manner that is easy to digest and understand.
P**.
This is really worth the buy!
I never really truly finished a book about Forex ( or many books to be honest) . So this is an accomplishment for me lol. Seriously, I really found this book helpful, it really gave me confidence to continue on this path in being a Forex trader. I now have a broader understanding of things. For those that left a bad review saying that you can get this information anywhere for free.. they are correct. I have found other places to gather this information. What made this a good resource is that it is not a lot of extras. So I am pleased with this book, and I highly recommend it
A**R
Great entry-level book
This is by far the best Forex entry-level book. It's amazing how Jim explains all the mechanics and FX components needed to know. He talks on behalf of his experience and you can sense it while reading the book. I traded forex for over 6 months before purchasing the book (not making any substancial profit per month and in fact seeing myself constantly in red numbers) and I do have to say that you need at least to have opened an account with an FX broker and have taken a few trades on it to fully understand that what he is talking about does match the markets movements, conditions, trading functionality and so on. Nobody on mi circle of family and friends knows about this stuff, so I didnt have anybody to talk to about all the trouble that I was going trough, and you cant imagine how reliefed you will feel (in case you are in the same circumstances as me) when you finish Jim's book, as you will have learned a lot more and realized that you werent all wrong. As if all of the previous wasn't enough, Jim provides support on any inquiries o even if you just wanna talk forex! over Facebook, Youtube and his personal email. Many of the newbie's doubts and uncertanties that I had were cleared, (doesn't mean that I am a forex pro-trader now, but that Im on a better path than the one from 6 months ago) I just want to say that Im a very happy and satisfied customer.
X**O
Title says it all, great purchase.
The title says it all, it will teach you everything you would want to know especially if you're just starting out, in easy terms and in a manner that does not make you second guess yourself.While it's true you can find all of this information online, I think it's handy to have it all in one place, easy to find the information you're looking for and easy to revisit when you need to. Brown also provides some very helpful resources that someone just starting out can go to to ask questions, get tips and even contact the author himself, and yes he does respond (as of 3-6-18)Could not have been more pleased with this purchase. I'm trying to teach some of my friends these concepts and this book did a much better job than I did to get them started.
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