Foreign Currency Trading: From the Fundamentals to the Fine Points 1st Edition

I'll summarize this book for you -- "Foreign Currency Trading is difficult, if you want to learn more, send us some more money and we will enroll you in a class."Save your money, buy yourself a newspaper instead.

don't waste your money

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.

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".

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.

I have been trading futures and options for 11 years. I have written three books on the subject. This is the worst example of authoring that I have ever seen. There are no real insights into the subject of Foreign Currency Trading. Mr.Wasendorf fails dismally at being objective and goes overboard in promoting his company PFG. I was sorely disappointed. I was really looking forward to additional insight into Foreign Currency Trading.

I was looking for a basic book teaching the concepts and trading practices and fundamentals. This book has a lot to say about none of the topics needed to help someone become a trader. If you are looking to have someone trade your account you might be helped by it. There are a lot better books out there "Getting Started in Currency Trading" is a fine example. This is the best buy for the money when you are done reading it you will be much better informed to move ahead. Getting Started in Currency Trading: Winning in Todays Hottest Marketplace (Getting Started In.....)

I am a begginer in the field of currency trading. I don't usually take the time to review somebody's work, I am bussy with my own; however, this book has been such a dissapointment. I don't think that the writer was terribly concern with the reader's improvement in the field rather than excite him to invest in e-trading. I assume that the fact that he, the writer, owns an e-trading firm is enough of a proof for this statement. Don't buy it!