The opportunities for unmatched returns and investment protection in the brave new world of foreign currency investing are second to none. In Foreign Currency Trading, financial executives Russell Wasendorf, Sr., and Russell Wasendorf, Jr., describe foreign currency trading in plain terms, and help you understand the risks, benefits, and operational requirements that you will need to take advantage of this market's tremendous potential. Look to Foreign Currency Trading for clear explanations on the mechanics of foreign currency trading, in-depth discussion of all pertinent foreign exchange rules and regulations, and a comprehensive glossary with literally hundreds of terms essential to forex trading. With formerly imposing currency trading restrictions having been struck down in recent court rulings, the world of foreign currency trading is an exciting and rapidly-expanding field. Let Wasendorf and Wasendorf's Foreign Currency Trading be your comprehensive guidebook for effectively taking advantage of this exciting opportunity, not only as a source of unmatched income and profits, but also as a sophisticated hedging instrument in any investment portfolio.
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fair treatment of topic
Review Date: April 11, 2001
Reviewer: C. M. Butler, United States
this book is very heavy on the operational, functional aspects of fx trading. it is not a book on strategy, but does not claim to be either. for someone looking to get into fx trading, the material here is useful to provide a macro view of the process and the background of the rise in popularity of fx trading, and what to look for in terms of fx service. if you do not get that information from this book, you would be well-served to get it somewhere. if you already have the basics, history, fundamentals, etc. you can find more thorough treatments of strategy elsewhere. this book is a little misleading in the sub-title "from the fundamentals to the fine points". one might expect that the book covers everything one needs to know to mount a trading strategy, when what the book really delivers is "fundamentals and the fine points often overlooked because they are not necessary in determining future success or failure in the fx markets".
good for basic understanding of fx but otherwise a let down.
Review Date: October 12, 1998
Reviewer: ,
I was dissapointed as I expected this book to really focus on different strategies for fx traders for their portfoliio. Instead it concentrates too much on operational issues, legal documentation and different types of risk in the market (without offering strategies to hedge those risks). It has 32 pages of useless charts, 47 pages of terminology and even discusses legal fx court cases. Sorry, not for me......
To be fair
Review Date: November 22, 2002
Reviewer: ,
I started reading this book, but after the first two chapters I returned it to the store so that I could buy a book dealing with what I wanted to know. But, to be fair, this author did write a good book on the basics of futures trading.
The Cover PAge looks pretty!!!
Review Date: June 7, 2007
Reviewer: Howard M. Britton, Jamaica
Well when i grow up i to be Russell R Wasendorf, whether sr. or jr. I think these two are the greatest salesmen around. I bought a wonderful book which adorns my bookcase and adds colour and life to my room. Whats more is that i found the same book in my brother's home. Thinking he 'borrowed' it I asked him, He replied saying he 'invested' in it and it works well as a sleep aide . Seriously some points for beginners are reasonably covered but most of the book was a waste of time, paper and resources. There were no Fine points covered in the book to memory but if there were it was lost in the dribble.
A dishonest sales plug for PFG Inc., NOT a trading book
Review Date: December 24, 2002
Reviewer: Enrique Moreno, Palo Alto, California United States
Do not waste your time and money. The "authors" (much a dignified word for the compilers of this mismatched and unfocused jumble of trivial materials) are the owners of PFG Inc., and the obvious purpose of this book is to get your business. Their main tactics are: a) The tedious description of all conceivable risks associated with broker selection, the implication being that they (PFG Inc.) are the no-risk choice. b)Four chapters grinding the theme of how risky is to do it on your own (chapter 2: "What you don't know may hurt you", chapter 4: "Buyer beware, be very aware", chapter 5: "Are you qualified to invest in Forex?" and chapter 9: "The sensitive question of risk, risk, risk ...") and one (chapter 7) where they tie it all leading you to the grand conclusion: use the services of Currency Investment Managers! (Your choice shoulod be them, of course.) Of the 241 pages, 114 pages are apendices with forms, primitive-looking graphs, and glosaries you can find in a couple minutes for free using a search engine. Voila', there you have it: nothing about trading, much about cover-selling you their services.
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fair treatment of topic