When looking for Forex book reviews online, you will most likely notice that there are quite a few of them floating around. Why are they so good? Are they really worth buying or do they just want to sell them for an easy buck? The answer is both, yes and no.
A Forex book is one of the best investments out there right now for the average investor. For those that have been in the game (for any length of time) know that the foreign exchange market can be a very profitable place. Of course, there are always losing trades. What keeps the professional currency investors so busy is the fact that they learn what they need to know to keep winning and not let the money slip away.
So where does this new book fit in? It's an easy read that has tons of practical information you can use right now. The author Avi Frister has been trading the Forex market since 1986. He is a long term successful trader and he wants to share his knowledge with you in a simple to understand manner.
This Forex book covers all aspects of Forex trading, not just the technical side. The reason is that most people who trade the Forex market don't think in terms of the markets. They think in terms of the currency pairs they are trading. The book does an exceptional job at showing you how to trade each currency pair in detail. You learn technical terms that you need to know, but the real attraction is learning how to trade each individual currency without any of the common mistakes.
Another big feature of this book is that it provides you with a great training aid. It will teach you the right way to manage your money, so that it is working for you instead of against you. Each page of the book has a set of exercises designed to help you make money. Some of them are obviously going to be easier than others, but anyone can learn how to manage their money to benefit from this book.
It is important to remember though that this Forex book is only part of the total package you need to learn how to become a successful Forex trader. There are many other factors that go into trading the Forex market. You must learn how to apply what you have just learned in detail. I personally like the "TFD Strategy" that Mark Douglas outlines in his course. If you really want to become a successful Forex trader, I strongly recommend looking into it.
You should expect to spend anywhere between seventy-five and ten bucks for this Forex book. It is well written and contains information that can help you start investing in the currency market as soon as today. If you are looking for a simple beginner's guide to trading the Forex market, then this book is for you. However, if you really want to learn how to manage your money and become rich, then you might find something better. For me though, there really isn't anything else better than this Forex book.
The most important thing to know about Forex trading is that it is not a get rich quick plan. It is serious business and it requires patience, discipline, education and knowledge. If you truly want to be wealthy through Forex, you will definitely need to learn about this book. It is the beginning of the journey. Only when you have read this Forex book and understand how the currency markets work and how to make huge profits on a daily basis, can you begin to take your place on the top.