Millions of Americans are this very moment facing the most frightening economic conditions since the Great Depression. However, a small but growing number are living worry-free, having learned a skill that will keep themselves and their families not only living in comfort, but prospering like never before! That skill is Trading Foreign Currencies. Once the private playground of the super-rich, trading currencies is now open to anyone with a little knowledge and at least $200 to open a trading account. With this book, author and long time forex trader J.J. "Jeff" Glenellis explains everything you need to know to immediately begin prospering as a forex trader. From finding a broker and setting up your first set of charts, to learning how to easily spot certain Trade Set Ups that instantly become profitable, you'll learn enough in this informative and entertaining book to instantly begin earning extra money each week as a Forex Trader.
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The Very Best Forex Training Available
Review Date: December 25, 2008
Reviewer: Cali Kid,
I had read several books on the subject before seeing Jeff Glenellis' book. And I had spent the better part of a year trying to trade Foreign Currency Exchange (Forex) unsuccessully. There are many successful traders using any number of trading methods, and many of them offer books about it. But none ever offered to TEACH me their methods (even some to whom I paid significant sums of money) the way Jeff G does in his book.
I bought this book in an earlier revision, about a year ago (before it was available thru Amazon). So I have already become proftable using what he teaches in it. Jeff G presents several very concise trading methods in easy-to-follow language. He is also the only one I ever saw present an actual profit progression from compounding, where he has actually worked the plan and compounded a small initial startup into a significant sum of money.
But more important than any method, he teaches a great deal on how to properly manage the money in your trading account, to protect your capital. If you start with $5000 in your forex broker account, yet you wipe it all away in a few losses, you lose. But with a good method, the right money management of your trading capital, some consistent work and a little old-fashioned discipline, you can start with as little as $200, and compound it all the way to $1M in less than three years -- while drawing out an ever-increasing income every week along the way.
Further, many people "bait" you with an intial book, but once you buy it, then they start to bombard you with more stuff they have to sell, that has the "deluxe" or "really great" information. And once you buy that, they then proceed to offer you the "super-secret" stuff, and so on. Or they "bait" you with the inexpensive book, and then want to sell you thousands of dollars worth of "mentoring" (that turns out to be from people who don't even do what they're teaching). Jeff G has done none of that. Since I bought his book originally he has NEVER offered to sell me ANYTHING else extra. All the goods are in the one book.
And as to "mentoring", for those who are interested, there is a one-time membership fee (of less than $100) to join his on-going service. Anyone can talk to him personally in the members-only room on most trading days. He actually does what he is teaching, does it most every day, and any member who wishes may join him there.
And even then, he has never asked for even one penny for anything else extra.
For those who wish to learn to trade the Forex successfully, I've never seen anything better at any price.
A very good place to start (or stop at ) for trading FOREX
Review Date: January 17, 2009
Reviewer: Perrie F. Iles,
Having used a multitude of EA's, signals, systems, PDF's over several years this is a very good place to start learning the basics of FOREX. FOREX is not a $ a second thing, it (like most things for most people) needs you to learn to crawl before you walk, You could start here and stay here and make a million in 4 years if you so desired, maybe quicker.
Now the hardest thing is choosing a broker (try Oanda MIGFX Alpari or IBFX for really small accounts). remember a real money account (even with $50 in it) is better than a "demo" account and won't cost you your life savings. Take it easy, MONEY MANAGEMENT ABOVE ALL !!!!!!!!!!!
Good bargain
Review Date: March 19, 2009
Reviewer: R. Pawlikowski, Poland
I am on ongoing search for good FX books and I got to admit that Mr. Glenellis guide stands out.
It provides glimpse of what really is important when trading: plan, system and discipline. Although the author spares us technicalities of FX and the usual stuff in FX introductory books (history of FX, detailed FX markets structure etc.), he provides the base that an inspiring FX trader can use for building his success.
I fully recommend it to beginners and intermediate FX traders.
Reader`s Review: Survive and Prosper in The Great Depression of 2009-2012. By J.J.Glenellis.
Review Date: October 1, 2009
Reviewer: D. Appiah, Wales. UK.
Great book to read for Forex Traders of any level.Clearly written and easy to understand.It greatly helps the Trader Reader
to understand the Forex Market,and How it function and what to expect from it.Also and most importantly the qualities Traders need to develop in order to have a change to succeed.I would recommend it to any Trader looking to develop a successful and profitable approach
to trading the Forex Markets.Its value for more than what it costs.DA.UK.
An absolute must
Review Date: March 1, 2009
Reviewer: Mr. D. Wilson Holmes, Australia
After so far reading a handful of books on the subject this has to be the `icing on the cake'. Although I do need to mention it is not for the total novice but more so those who have a more intermediate knowledge on the subject, however I believe it an a must read for all serious traders. Definitely no fluff here, this is real getting down to business and rolling the sleeves up material. Jeff's trading techniques are a gold mine as long as they are adhered to. An arsenal of trading strategies which could well serve as the cornerstone of any serious trader. With good reviews already to back it up the title of the book clinched the deal for me. I for one am glad I did : )
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