Forex Revolution: An Insider’s Guide to the Real World of Foreign Exchange Trading Tips
Forex Revolution: An Insider’s Guide to the Real World of Foreign Exchange Trading
This is the eBook version of the printed book. If the print book includes a CD-ROM, this content is not included within the eBook version. “For many investors, an intense, 24-hours-a-day, 0.5 trillion roller coaster of a market spells” danger “, for readers of the Forex Revolution, the word” opportunity. “-Michael J. Panzner, vice president, Rabo Securities USA, Inc., and author of the new laws of the Stock Market Jungle” The author has an uncommon ability to describe a difficult and r Rating:
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Tags: exchange, foreign, Forex, Guide, insider's, Real, Revolution, Tips, Trading, world
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August 28th, 2010 at 11:48 pm
Review by Christopher Martin for Forex Revolution: An Insider’s Guide to the Real World of Foreign Exchange Trading
Rating:
If you’re looking for just a high level overview of the Forex market, this is probably a good start. It is not, however, a system or technique. Essentially, the author states that each trader needs to develop their own that works for their personality. Personally, I think a lot of what is in the book seems like just a long encyclopedia article — all valid data but short of insight and any real meat.
August 29th, 2010 at 12:23 am
Review by Rolf Dobelli for Forex Revolution: An Insider’s Guide to the Real World of Foreign Exchange Trading
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Author Peter Rosenstreich’s short, concise guide is a neophyte’s introduction to the world of foreign exchange trading. Its chief virtue is that it warns against trading if you don’t have a strategy and some level of technology. Its chief vice is the suggestion that it is realistic for individual investors to expect to make money in the foreign exchange markets. The author cautions against the risks of the market (and gives good advice on spotting the most egregious frauds), but even to suggest that an individual retail trader equipped with an Internet connection, a news feed, a research source and a charting service can hope to succeed in Forex investing is a bit misleading. Perhaps, it would have been more enlightening if the author had discussed the competition that confronts the potentially foolhardy neophyte, in terms of equipment, technology and expertise. That said, readers will gain an elementary – but not really an insider’s – acquaintance with the ABCs of the Forex markets and will learn the names of key agencies and approaches. We find that the book’s most useful attributes include references to further reading that should deter novices from attempting to trade their own money in the foreign exchange markets. For solid basics, read on – but zip your wallet.
August 29th, 2010 at 1:16 am
Review by S. Schneider for Forex Revolution: An Insider’s Guide to the Real World of Foreign Exchange Trading
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As a really under-informed layperson, I found this book enormously useful for its clear explanations of what had been (to me, at least) a completely unknown investment area. But I have to say that I enjoyed this book just as much for the opportunity to peer into the lives of the foreign exchange traders themselves–the hours they keep, the challenges in the field. I enjoyed (funny to say this about a financial book…) Forex Revolution for these good human-interest stories as well as for its valuable insights into what I’d always assumed was a very arcane subject. No more, thanks to Rosenstreich’s new book.
August 29th, 2010 at 1:30 am
Review by Henry Miller for Forex Revolution: An Insider’s Guide to the Real World of Foreign Exchange Trading
Rating:
Great book for the very very beginner, but hardly an insider’s guide.
An insider’s guide would have talked about slippage/requoting, stop hunting, price shading, and all the dark stuff that really goes on behind the curtain of these retail forex companies.
You want to trade forex? First, contact the NFA and CTFC and demand this new and exciting industry to be regulated!
August 29th, 2010 at 2:10 am
Review by Trader Scott for Forex Revolution: An Insider’s Guide to the Real World of Foreign Exchange Trading
Rating:
This book definately gives the reader a good look at the intricacies of the Forex, but it is not the final step in your education of the Forex market. The Forex market is a world unto itself and by nature is a huge gamble for a private investor. This book is a great place to start. The author uses good examples to illustrate his points and doesn’t assume the reader has a thorough understanding of macroeconomics.