Trade With DISCIPLINE. The Forex Market is the largest financial market in the world. While getting started may be easy, staying in the game takes discipline, patience, and a great deal of preparation. Know The Facts Before You Enter The Forex Market. Get to know the major currencies and learn to do such essential tasks as calculate swap rates. This book will give you the confidence to achieve your investment goals. Master The Tools Of The Trade. Get the most relevant economic news releases, and find out how to take advantage of this vital data. Learn the basics of Automated Trading Systems and more with this complete guide to online trading. Check Your Emotions At The Door. Develop the right trading psychology and block emotions from your trading decisions. Learn to recognize market trends with both Fundamental and Technical analysis and use these stock-picking methods to make important trading decisions. Create A Plan To Protect Your Profits. Discover tactics for deciding when and how much to trade and what time frames to consider in your analysis. Determine when the forex market is most active as well as other trading plan essentials.
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Right on target
Review Date: November 11, 2007
Reviewer: James Booth, The Dalles, OR USA
I bought this book on a whim because I was frustrated. Incredibly, I couldn't find any information on how to figure out the swap rate. I have 3 big forex books on my shelf and they wax eleoquent about technical analysis, the Bretton Woods agreement, how to make a fortune, and etc. - but do not explain something as fundamental as figuring the swap rate - or even why there is such a thing! I tried Googling for it, and got tired of trying to sort through the deluge of irrelevant and mostly commercial results. So when I read "swap rate" in the book description here at Amazon.com - I bought it immediately with expedited shipping!
When I recieved the book, I quickly found the answer. The author made it easy to understand. Then I got curious about the rest of the book, and sat down and read it in one day. I really like the author's no B.S. style of writing. She covers the really important stuff in a concise, easy to understand way. She includes personal anecdotes from her own trading experience which made it fun to read. She does not try to tell you how you can beat the market every time and get rich overnight by using her secret trading system - (like so many other books and web sites). I find it refreshing to read a book like this that takes little of my precious time, yet gives me the essential tools I need to help me find my own way to success.
Very Good
Review Date: April 3, 2010
Reviewer: Enyi Athanansius Ngozi,
Forex Simplified is ideal for any forex beginer as it details out the basic thing to watch out for as well as other gidelines that help a forex trader perform well in the forex market. I give it a 4 start rating.
Very helpful
Review Date: May 24, 2008
Reviewer: John A, Tucson, AZ
I agree with Ed Ponsi the author of some good Forex dvd's when he said "This book is a refreshingly honest work that contains no hype or promises of easy money. Instead, Marilyn covers all of the bases in a truthful manner and gets right to the core issues that determine success or failure in the Forex market. This manual will serve as a much needed eye opener for those who have been 'blinded by the hype. I am happy with what I got out of it.
Modest, and much to be modest about
Review Date: December 7, 2007
Reviewer: Animal Lover, CT USA
This book starts off with a factual error on the first page of the introduction and goes downhill from there. It is not true that individuals were able to start trading in FX only in 2000. What about the futures market? Other errors abound, like the assertion that no other market is so "schizophrenic." There is no evidence and none offered here that the FX market is more volatile or choppy than any other security. As for the section on swaps, there is no mention of the underlying money markets that determine the swap rate. The tone is chatty to the point of cutesy, which is annoying. The writer is obviously an amateur in both trading and in FX. The section on technicals is lifted wholesale from other sources and offers no insight, while the fundamentals section is laughably brief and context-free. A waste of time.
too simplified to be of real value
Review Date: February 1, 2008
Reviewer: escrow, austin,tx
The other reviewer was right, very chatty tone but nothing that would prepare anyone for a forex trading experience.
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Right on target