Splitting Pennies author thinks this book is a great Forex book for traders who want to improve their strategy
356607
As a fellow author of a Forex book "Splitting Pennies" I can highly recommend this book!  Although it may not be for 'everyone' - for traders looking to understand Forex better or develop a strategy - this book is a must read.  Well done!
3691113
This is a great book.  I am glad I didn't pay attention to all the negative reviews on Mr. Dicks first book.  Forex Made Easy was just that.  The book gave me the info I needed and I was able to start trading.  It was a logical progression to get Mr. Dicks' newest book.  I have searched all over the internet and haven't found anything close to what I have found in this book. Well done, I love it.  My favorite part is about the mindset of a trader, and building a plan, that was something I really needed to learn, and just that alone was worth every penny I paid for the book.  I am so amazed that the first review of this book was ended with such mere unprofessionalism.  This is obviously a competitor.  To finish this post I would just say do what I did, contact Mr. Dicks directly, after I did I found out that he has a Forex managed account with an audited track record.  He has my money now, and I couldn't be happier.  Hope this helps.
2526230
Why the book's title? - Traders love to buy, but hate to plan when to sell. (Spontaneous selling in the heat of trading does NOT work out well.) Dr. Elder's new book has great ideas and examples of how to set stop-losses, how to define sell-targets, when to "cut-and-run" from a stale trade, and how to sell short. But there's much more to this succinct book.

It's also a complete review of Dr. Elder's trading approach, as it has evolved over his career. More than a "cook-book", it's like being in the kitchen with Dr. Elder and his trader colleagues as they plan, implement and document a series of trades.

His perennial themes are present: hope is not a strategy, so plan your trades; every trader must develop a style that suits his or her own personality; show me a trader who keeps good records, and I'll show you a good trader.

These themes come alive in this new book, perhaps because they are spelled out so clearly and succinctly. They feel achievable.

Of course, getting there is a process. I've studied Dr. Elder's books for 5 years, participated in his "webinars" and a week-long "traders camp". I'm here to say he's not peddling dreams (like so many trading "gurus") but offering up the tools he developed over 20+ years of becoming a top trader.

Dr. Elder's new book has given me renewed energy to make changes and take my trading to the next level.
794382
A very interesting book for the Forex traders, Kondakov manages a serie of  important notes about what a trader has to know about psychology while trading. I recommend this book for any one who want to be successful in the Forex environment.
2748414
Both a friend of myself and I have purchased this book, and are new to the forex trading game.

There is an incredible amount of good information in this book, but it is not easy to extract.  We have both reread chapters to try and create a point form list of trade rules to be followed on the various trading methods, and every time we keep finding more info, that it is excellent at reducing losses or increasing gains,  hidden for lack of better editing or clarity of writing.

I also feel that the graphs used to illustrate some of the trades could be better selected as there must be examples out there with greater clarity than those used.

Once the information is extracted, however, this book is I feel an great resource for position and swing traders.  Day traders my find some good info, but the book is not aimed at them
752308
I feel the book worth reading especially on the sections that describing specialists' behaviors. As a retail trader, the essence is to find what the major players are doing and following it. I think Anna is very successful on selling that idea.

Regarding the actual VPA, I found it is useful on futures/forex and in micro timeframes, by micro I mean 1min ~ 15min chart. However if you apply it to stocks, there will be too much noise as often the stock move with the rest of the market or industry, and the specialists have many ways to manipulate the price and hiding the volume. It still helps you on analyzing the move, but by itself does not form a system.

Throughout the book, the author used lots of paragraphs to emphasise "the great value", "great power", "extremely powerful", "so powerful" of VPA, I would say almost 5% of the words are used on that, too much that almost like a brainwashing. A logical reader will automatically realize the value if it truly benefits, this is totally unnecessary.

Generally, it helped me on getting more insights on the market, very good book for beginners.
724456
This is a very good book on price action. If you want to improve your trading skills than this book is beneficial for the beginner as well as professional trader.
1958896
Great book overall.
I think this book really hammers away at some of the psychological issues hampering most trader's success. By the time you are through the book, you will know the important concepts quite well. And the author limits his discussions to the essential concepts, so you do not get alot, but whats important is in here.

I would like to comment on Mark's book  maybe those who have the book can respond and see how you feel. in the book "trading in the zone" page 132 2nd paragraph where he mentioned "if your edge puts the odds in your favor, then every loss puts you that much closer to a win." I understand the message he is tryin to get across. but I think some people may mistakenly interpret this as how a losing trade actually makes the chances of winning bigger for next trade. which conflicts with mark's idea of how each trade is unique and independent. So no matter if you win or lose, the probability to win is the same for the next trade. I would love to hear what mark has to say about this, and maybe offer his wisdom. Please contact me via my email. Thank you very much
3766877
The book was worth the money as well as the time to read and study it. I have traded futures but am newly introduced to the Forex. I learned a lot of basics and insights relative to the unique aspects of Forex and swing trading and momentum trading. Raghee gives a lot of practical advice.
4378877
The first time I read this book I had a tough time with it. I found it to be very boring and long. I was looking for more "meat" but I finished the book anyway really enjoying the last couple of chapters. This was over a year and a half ago and I still lost money.

I took a little time out from trading and worked on myself and my difficulties and then got back into trading currencies again. I picked the book up again recently and re-read it and the book was exceptional. What I find very interesting is that it made much more sense to me the second time around and here is a very important point ....

When I was caught up in the negative emotions I thought the book was "empty" and to a large degree worthless, and I was still loosing money. When I started to temper the emotions and took the book from my shelf and re-read it my emotions were on an even keel and the book made much more sense. Surprise, surprise I am consitently earning profit now with my trading. No boom and then bust, just a nice solid momentum forward.

Emotions are a very funny thing when trading. You can obtain a large amount of fear causing hesitations, etc, or you can become very confident and cocky! But when the emotions to a large degree are gone, things become much more clear as do the profits. I am glad I read this book because ....

I can see clearly now! I hope you will read the book and see clearly now also. Best wishes on your journey.

ForexPreneur
3248053
This is another of Joseph's fx trading ebooks.
I read this in less than 15 minutes and after downloading the indicators system I started to really examine the system.
The material is very easy to follow and the system is easy to implement but it will take a while to understand and use. Joseph's style is very personable and comes across on the material. It's like you have a mentor looking over your shoulder guiding you as you learn what it takes to trade forex.
This is one of the many systems out there and it's probably the cheapest one at that.
Similar systems, as comprehensive as this one typically go for $99 or $1999 depending on how slick the salespage is :)
As I just got this material I haven't been able to put it into practice but the early backtesting I tried seems to indicate that this may just work. (I'll update the review once I've had a trade or two under this system.)
Irrespective, I thoroughly recommend this material, specially if you have been struggling trying to understand why your trades always seem to be taken out before the market goes where you thought it should have gone! Eye-opening information.
No, I would not recommend using this system if you are just starting out but definitely get the material as it will help you understand a little better what the market is doing. For more basic systems try the other of Joseph's ebooks. You won't go wrong.
Enjoy
3599626
I have some stock trading experience but none in the Forex area. Reading this book made it easy to understand and I now have set up a demo account to work on the technique. I like to read the book very much, it is easy to understand and have many useful advise. The book comes with a bonus trading system and it really works.
4883710
I bought this book for my friend and the book is great. However, one point to note is that it was written for the UK market so all currency is in pounds. This becomes confusing because you have to do the mental conversion each time a posible charge is suggested. If you can get past that it has everything you need to start the business from the GROUND up.(no pun intended)
1200208
The author works for Gain Capital/ Forex.com.  They make large amounts of money from private individuals who attempt to trade forex.  The first thing to know about forex trading is that approximately 90% of traders lose money (this is an industry insider estimate), and that this will be lost quite quickly due to the leveraged nature of the product.  Any good book on forex for beginners should have this a bold characters at the start of every chapter. The second thing to know is that it is one of the most difficult markets to trade.

This author is in effect encouraging people to lose money, and his company, one of the biggest forex brokers (outside the 5 or 6 major banks who offer forex trading accounts to private individuals ) will be among those who take that money.
2498101
There are very effective strategies in this book for Forex traders, the most important about scalping strategy is that it is not for everyone. This is for people who seek to make a profit from the mall market movements. They take advantage of the ticker tape which never stands still during an average market day. This group of people usually relies on the bid/ ask screens that they can locate any buy/ sell signals as well as to read the supply and demand imbalances. They can even see what the average bid and ask price is.
4459552
I'm not an experienced trader, but this book has a very interesting approach to teaching you about Forex trading, especially if you're into programming. I loved how the author first goes through a 20-day trading example instead of just showing you how to read charts and interpret indicators from them, to later go through the idea of using Genetic Algorithms to automate trading. He even gives an example using code to better understand these types of algorithms.

Apart from that, he doesn't try to sell you anything, and reminds you that you should never invest everything into a single thing (ie. diversify your money!), finally telling you a little bit about how he began trading and what rookie mistakes you should avoid.

Definitely worth a read.
4307965
This is NOT a book about arbitrage in general; it is about profiting from a narrow form of tangible-retail-product arbitrage, selling through the "Fulfilled By Amazon" (FBA) system. To a considerable extent, it's a promotion for the author's products for FBA sellers.

But it's a very good book, written in a clear, conversational style, with few grammar/spelling issues.  It contains many very specific tips and details.

I do worry that the author oversells the opportunity and undersells the risks involved in this practice.  With this caveat, I strongly recommend the book.