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Forex For Ambitious Beginners: A Guide to Successful Currency Trading, by Jelle Peters
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There are many books that promise to teach you highly profitable trading systems, to show you how easy making money trading the forex really is. This is not one of those books. Forex for Ambitious Beginners will not turn you into a profitable trader, only you can do that, through practice, study and persistence. But this book will help you avoid many, many mistakes beginning traders make. You will learn essential elements of successful forex trading, such as how to protect your trading capital, how to find a forex trading strategy that matches with your trader personality and how to build your own trading system and tweak it for optimum performance. The book will also touch on important basics about the FX market that traders need to know about. Who the players on the forex are for instance, and which factors influence the most important currencies. Other topics include specific forex trading strategies, popular technical indicators, how to read candlestick charts and how to recognize chart patterns. Forex for Ambitious Beginners is about minimizing risk and maximizing potential, about looking for ways to continuously bend the odds in your favor. It will provide you with a solid foundation on which you can start building your forex trading career. The book concludes with a challenging quiz, offering detailed explanations of the correct answers. In short, if you're ambitious and want to really learn how to trade the forex -- as opposed to being spoon-fed a fantasy about some super strategy -- then Forex for Ambitious Beginners is for you. About the author Jelle Peters is the founder of the popular forex website www.forexinfo.nl. He writes daily currency analysis, has published numerous articles on forex strategies and is a sought after speaker for forex webinars and seminars. See also www.forexforambitiousbeginners.com
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Product details
Paperback: 218 pages
Publisher: Odyssea Publishing (June 29, 2012)
Language: English
ISBN-10: 9081082140
ISBN-13: 978-9081082143
Product Dimensions:
6 x 0.5 x 9 inches
Shipping Weight: 13.8 ounces (View shipping rates and policies)
Average Customer Review:
4.4 out of 5 stars
20 customer reviews
Amazon Best Sellers Rank:
#424,104 in Books (See Top 100 in Books)
Decent read but you will need to read for beginners but you will need other books to become a good trader
Very informative book! I think it could have included more actual trading examples with information about the results of the trades.
Thanks
This is my first book on Forex trading, so I have nothing to compare it to. So this review is for the book contents and what I like or hated about it.The book covers the basics as implied by its tittle. Don't expect in-depth analysis or fancy detailed trading strategies. The book is properly paced and not boring -at least if you're interested on learning.The language is clear enough for beginners, but the author makes a big mistake that is consistent throughout the book: tries to explain topics using jargon that is at best latter on explained on the book. So you have to go to the internet and figure out the words or concept we fails to explain earlier as it should be. I must say that while this is a big pitfall as a writer, it's good for you as reader as it forces you to spend several hours (given you have the time) on the internet reading the overwhelming amount of information found there, which helps you to diversify what you are reading on the book.I gave it 3 stars mostly for the lack of figures/graphics that would help to understand the concepts he tries to come across. The quantity of figures is extremely short and makes your imagination soar figuring out how things look like. The author failed to understand than since most interesting concepts about forex trading are closely related with the charts, these are of paramount importance to explain clearly and succinctly. It's a shame the book is so short of graphics coz otherwise would be a great book.At last, it's unbelievable that the author, the editor and however proofread the book (if somebody ever did that) failed to notice the basic arithmetics errors on the examples used to explain EVP.The bottom line: the book is worth it if you're a beginner and feel overwhelm by the information found on the internet.
Excellent book.Just the goods and well written not full of technical stuff. Highly recommend it .
Good read for an absolute beginner in foreign exchange trading. Peters covers the basics, but strategy isn't really covered in this book very thoroughly.
Great beginner course with some clear insight to what the FOREX market is all about and how to prepare yourself to trade. Covering the basics without fluff or going on about a subject once the point is made. A good read for any and all beginners
A excellent book for beginner even experienced
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