Forex For Beginners

I am not a trader or a person with tremendous knowledge on currency markets or any kind of financial markets. In fact I only have a passing knowledge of markets in general. So when I picked up this book I was trying to determine if forex trading could be a potential side hustle and backup to fall back on in case my full-time job abruptly ends. I had browsed a few online forums here and there and found an overwhelmingly negative perception of forex as a viable income stream. Too many people just keep saying it doesn't work. But all these people sounded like those people who look at muscular fitness freaks and sum it up to steroids ignoring all the work that goes into building that kind of body. So I decided to get this book to determine for myself if this is in fact a pipe dream or a real possibility of making money consistently. I have to admit after reading this book I come away with a wealth of knowledge of financial markets (not just forex, but any speculative market), but the hope that this might actually work as a means to make some real money. I must say that this book is definitely for beginners, but a total noob with no knowledge whatsoever of finance will find some concepts a bit difficult. Since I am a management accountant by training and quite interested in finance I found it quite easy to pick up. But for someone without even basic idea of money or finance might find it a bit more difficult to pick up. Not impossible by any means, I'm sure if you're a reasonably intelligent person you will find this book really useful. I find the book is very realistic in terms of expectations, money management and techniques. No 1 method that guarantees success 100 percent of the time in this book. Just a series of methods to help reduce the risk you take on any position. I personally found this quite wonderful as I do not believe in miracle solutions and neither does the author. All in all I highly recommend reading this book if you're serious about learning about forex and are willing to spend the next few years (not days or weeks) figuring out how to trade successfully.

I don't have any background in trading. I'm an English teacher living in Spain. My brother-in-law got me interested in trading Forex when he spent a lot of money doing a course. Since I work and have 3 children, I didn't have loads of extra money or time to throw into a course. However, I did want to find out more information, be able to read in my free time, and see what all of this was about. I searched on Amazon and bought this book in the Kindle version so I would have it in my smartphone and could read it on the train, at home, etc. when I had time. I have found this book to be straightforward, easy to read, and full of information. It covers everything from what forex is, who the main players are, how to manage your money, the approach of using volume to validate price (which my brother-in-law didn't even know about...), how to choose a broker, how to choose which currency pairs would be good to start with and why, how to get started with the platform and make trades, and it has a very nice resource list and glossary at the back. I enjoyed this book so much that I have also purchased and read two other books from Anna Coulling: "A Three Dimensional Approach to Forex Trading" and "A Complete Guide to Volume Price Analysis." I'm currently studying all three books, and doing some trades on the demonstration account. I don't plan on buying any more books because these 3 seem to cover everything. So far, my experience with Forex has been very interesting and I look forward to continuing in the Forex world for some time to come. Hopefully this will turn into a nice extra income in my free time. This is a great and complete introductory book!

This book is invaluable for trading the forex market, regardless of whether or not you choose to use Anna's system. The information is not only for beginners, great as it is for also that. Anna is one of the few forex pros that emphasizes the importance of price-volume trading. This is something lacking in much current forex education, and ignoring this aspect of the market can really leave one operating blindly. There are powerful factors affecting price movement from the big players (the international central banks) and one should monitor these closely. In her follow up book Complete Guide to Volume Price Analysis, she goes into considerably more detail, but what's here is sufficient to at least get started. What I really like about Anna's approach, is while she does employ a small number of technical indicators, they are used more as a confirmation tool and not as a lazy, poor replacement for doing proper analysis and leg work of the markets and currency pairs. Things like comparing each currency on it's one with the others, and in multiple timeframes. Also, Anna has a plethora of free, useful trading videos on Youtube and articles on her blog. Great book, highly recommended.

Good for starter. Founding your right attitude for "trading", diminish "betting", and focus in "stop loss" is the key you will earn from the cost you paid for this book.

The document quality is substandard, and it appears to be a photocopied version of the original. Page numbers are also not included.

Thanks a lot. I have naturally all 3 books. Studdy the carefully and repaet until now the first 2... over and over in certain parts.. Your strategies are my "Basics" and I hope to get better and better on my Demo- Account... beside with low risque.. on my REAL Account when I have the Feeling... that MUST be a super- Chance. I also studdy beside books and webpages and articles from other "Mentors" to get a broader spectrum, but I always return to the Price- Volume- Strategy at the end. Naturally also always a look at the fundamentals... what kind of News and whats happening in the economic- calender during the day. Your Webinars are so wonderfunfull! Thanks a lot for all your and Davids help!

This is a great book for people starting out with Forex and for those who already know a bit about the subject. I am sure everyone will learn something.

Mon avis elle vous apprend plus que beaucoup d'autres je suis trader depuis 5ans je suis des trader lis leur livre pour voir se que je peux apprendre en plus je suis bien souvent déçu et là je vois beaucoup de détails qui mon plus et apprend des choses que je n'avais pas forcément pas appris mais pas vu du bonne angle net d'autre choses que j'ai pus apprendre en plus malgré toute les autre "formation" suivi