Full description not available
D**D
Clear, simple, logical, inspiring
I've read both of Anna's first two books (Forex For Beginners and A Complete Guide To Volume Price Analysis) back to back, and I'm going to be lazy and just post the same review for both, but I'll distinguish where I make comments specifically about one or the other.I'll start with a little background to put this review in context. I started getting interested in forex trading with an email touting some guy that had a "system." I signed up for his live webcam "learn how by watching me trade" membership, figuring I'd take advantage of the 3-month money back guarantee if I learned nothing. At 2 months I couldn't explain his system clearly to myself, and he was changing methods almost every day and frequently seeming to contradict things he'd said before. I kept at it for another couple weeks and then used the money back guarantee. I then started downloading and backtesting all kinds of indicators and EAs and browsing Amazon reviews looking for a better guide. Next I scanned a couple forex books and a couple on trading in general, and I used Technical Analysis of the Financial Markets: A Comprehensive Guide to Trading Methods and Applications (New York Institute of Finance) as an encyclopedia. I continued playing with my practice account for a couple months, but could find nothing that worked consistently enough to be comfortable committing real money, and I lost interest.A year or so later I ran across an article about Richard Dennis and the 'Turtle Traders'. I realized: a) people do make money doing these things, b) anyone can learn the methods, c) and there are experts out there who are willing to share their knowledge. I started looking for a good book again and almost immediately found Anna's books. Forex for Beginners was so cheap and the free sample indicated it would be an easy read. Halfway through, and also after reading comments about it on several forums, I was sold on VPA. I decided to re-open my FXCM practice account and try some of her recommendations, then read the next book (A Complete Guide to Volume Price Analysis) while waiting for my account to fund. She recommends not using a practice account for anything more than learning the interface, for several reasons: real money is more meaningful and lessons stick better, the practice account feed is usually not a real live feed even if they say it is, and the practice feed won't show you the sudden spikes in the spread caused by your broker sometimes taking advantage of a fast moving market. Forex for Beginners was very helpful in explaining how the different types of forex brokers' operations can work against your interests if you have the wrong type of broker, and how to find the right type so you're not betting against the house.Volume price analysis makes sense to me, and her (and others') assertions that the market is controlled by insiders whose moves can be seen by analyzing volume is the best explanation I've seen yet for why price action forms certain consistent patterns. My previous concept of technical analysis was that specific price patterns form when there are enough people who believe it will, simply a self-fulfilling prophecy, and I could never quite accept that as a reliable way to make money. Now I understand how volume affects candle formation, and how insider action is reflected in volume, and it's all logical. I can trade on that with confidence, which is the biggest thing I've gotten from these two books.My only complaint about both books is that she could use a more attentive editor, but there's nothing so bad it's really distracting. I read a review here recently where the reader said the grammar was so bad he/she couldn't finish the book (I can't remember if it was one of these two or another trading book). That's short-sighted arrogance in my opinion. The most eloquent speaker or the most concise and grammatically correct writer is not usually the best teacher. Also, if Anna had a talented editor go over this with a fine-toothed comb, yes it would be slightly easier to read, a little less repetitious, and probably a little shorter, but it would be more expensive too. If you want to learn how to work on your own Harley, the Haynes manual was written by a professional technical writer with a professional photographer looking over his shoulder at the work of a professional mechanic. Yet they (or their editors) still usually leave out all sorts of important details and perspectives that the grizzled old greasemonkey down at the shop is willing to give you if respect his experience and can dodge his tobacco juice and parse his colorful language. The Haynes manual is certainly cleaner and easier to read, but I'd prefer a conversation with the veteran any time.Another reviewer for one of these books said they couldn't make out the charts in the Kindle version so they bought a print copy and it was no better. I agree some of them are pretty hard to read on my Kindle (6" E-Ink display), but I had no problem with any of them on my iPhone screen or on Kindle Reader for PC.Tip: I found it very helpful to read on my Kindle with my iphone in my lap above it so I could glance at the chart and back to the text without scrolling back and forth constantly - something Amazon could definitely improve in the Kindle experience.I gave A Complete Guide to Volume Price Analysis 4 stars when I started writing this review, but I've decided to make it 5 stars. Part of the reason for this upgrade is that I'm not aware of another book on VPA (or VSA), and I'm grateful to Anna for writing one. Also, I haven't put her recommendations to use yet. My next step is to go through the VPA book again and condense the principles onto a set of flash cards. Then I'll start with the smallest possible lot size (like she recommends), keep a journal, and mark up my flash cards as I go along. I'll update this review when I feel like I've got some meaningful experience.
M**N
A very good book
A very informant Book. Very explanatory. Full of information to use on the trading floor. I highly recommend it or anyone
**S
Great Service, Quick Delivery, Happy To Do Business with them again !!
My Ordered Book arrived in a very timely matter , Happy About that , the Book is in very good condition. Love the Great content of the book . Thank you Both :) !!
P**Z
Volume is inportant in trading
Great book for traders looking to understand volume in trading
N**
5 stars all the way
This book should have a perfect 5 star rating. As I write this on March11th2025 we are in a current bearish market. I studied SPY as I read this book and was able to make money on the upside and then as it was turning bearish able to make money on the down side as well. Now while I’ve done 4 trades (paper trading) with 100% success so far nothing is 100% of course but this is possible signs. And I already know I’ll be back to review this book time and time again. If you can only get 1 book on trading make it this one and study it.
M**D
Excellent book for beginners.
Very easy to read and digestible, I was recommended this book by my Mentor Brittany Martinez . I recommend kindle version so you can highlight yourself and see others highlights for things you may have missed.
A**R
Awesome book
After reading this book,it all make sense now. It provides a guide to identify when the market makers are down playing you, by faking the price action, moving price at will, in a direction or magnitude that is not justified by the actual volume of trades done by buyers and sellers.I obviously need to try the volume price analysis presented in the book on real time, which is more difficult, but I feel more confident in my new approach to analyze the financial markets, based on the insights from this book.Thank you so much Anna for sharing your knowledge for the unprofitable newby traders like myself that are chasing a dream of financial freedom and a better life.
D**
I got a lot of value from this book!
Amazing book for any newbie or even experienced trader. She does a great job of explaining volume and price action in a no non sense kind of way. I suggest anyone to pick this book up especially if you’re starting out
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