Currency Trading for Dummies Reviews - Forex Books - Forex Education

Average Customer Rating: (based on 14 reviews)

(4.4 stars vs. 4.0 category average)

(7)

(6)

(1)

(0)

FXtrading

Intermediate Trader

Not very useful for complete beginners.

5/21/2012

0 of 0 customers found this helpful (0%)

Pros:: None
Cons:: None
Bottom Line:: No, I would not recommend this to a friend
Quote:: Bought this book in 2007 being a complete beginner.
After few pages realized, this is more reference book for those who are already familiar with Forex market. The content is all over the place and does not have a logical sequence. II would not recommend to anyone who has no idea about Forex trading. If you have no idea about Forex, start with babypips online.

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Monfx

Casual Trader

Good book

3/29/2012

0 of 0 customers found this helpful (0%)

Pros:: Easy read
Cons:: None
Bottom Line:: Yes, I would recommend this to a friend
Quote:: You won't become a Pro, but it is good book to start with!

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SpaceAge

Intermediate Trader

A decent introduction to fx

4/5/2010

0 of 0 customers found this helpful (0%)

Pros:: None
Cons:: None
Bottom Line:: Yes, I would recommend this to a friend
Quote:: If an introduction to forex is what you are after, then this is a fairly decent one to consider. Take what you read with a grain of salt though, & find other sources of information to confirm & comprehend the major elements.
Babypips' own school is an excellent place to start - or at least to cover in conjunction to this book - to enhance the learning experience & make gaining fx knowledge more effective.

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joebutters

Casual Trader

Comprehensive yet simple

2/4/2010

1 of 1 customers found this helpful (100%)

Pros:: Excellent information, Easy read
Cons:: None
Bottom Line:: Yes, I would recommend this to a friend
Quote:: This book gives a lot of details of Forex Trading. From the general Forex background info to aspects of psychological management, this book covers a broad spectrum. It is a pretty easy read as it is in a well-known Dummies format. It also makes it a little humorous. I also like the way the book guides you through the trade. This is definitely a must-read for the Forex beginner.

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scottie_pippen

Casual Trader

a good book for fx noobs

7/20/2009

0 of 0 customers found this helpful (0%)

Pros:: None
Cons:: None
Bottom Line:: Yes, I would recommend this to a friend
Quote:: If you are a newbie and would want to delve in the world of currencies then Currency Trading for Dummies is the book for you. It introduces the fundamentals and dynamics of the foreign exchange market in a manner that is easy to understand. The book starts with a foreword on the forex market. It presents what is it, who trades it, and the mechanics of the currency trading. The second part talks about the currency pairs and the fundamental and technical aspects that affect their movements. Developing a trading strategy is just as important as knowing the fundamentals of trading. The author guides you in how to adapt a right one that fits your personal style in the third and fourth stanzas of the book while the principles of how to at least survive the market and to be eventually a successful trader are outlined in the bookâ€™s final canto.

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little_bo_pip

Casual Trader

Jumpstart for noobs. Excellent reference for the not-so-noobs.

7/20/2009

0 of 0 customers found this helpful (0%)

Pros:: None
Cons:: None
Bottom Line:: Yes, I would recommend this to a friend
Quote:: Aside from giving the basic and necessary information for currency trading beginners, this book also leaves its readers ready and eager to learn more about the dynamics of the FX market. It gets down to the nitty-gritty and serves as an excellent crash course for newbie traders. It delivers the information in a straight-to-the-point and easy-to-understand manner, making it a must-have for every currency trader. It is also an excellent reference book (even for non-newbies) because it summarizes technical and fundamental concepts that govern the markets.

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monstapips

Casual Trader

Good Introduction to newbies

7/19/2009

0 of 0 customers found this helpful (0%)

Pros:: None
Cons:: None
Bottom Line:: Yes, I would recommend this to a friend
Quote:: A great introduction to the Forex world. It helps give readers an understanding of Forex basics. A great starting point for newbies as it is an easy read, with nice visuals to help explain examples.

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Pip_Devil

Casual Trader

Perfect Starting Point for Newbie Traders

7/15/2009

6 of 6 customers found this helpful (100%)

Pros:: None
Cons:: None
Bottom Line:: Yes, I would recommend this to a friend
Quote:: It won't make you an expert but it's certainly a good starting point! A good, easy read for those planning to start their FX trading career.

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Knight45

Intermediate Trader

an introduction to forex

5/30/2009

2 of 2 customers found this helpful (100%)

Pros:: None
Cons:: None
Bottom Line:: Yes, I would recommend this to a friend
Quote:: I think this book is the best one for beginners since itâ€™s actually an introduction to forex. Almost every basic forex topic had been discussed here by the author. Some seasoned traders might also be interested in reading this book though it might have been helpful too if the author provided more examples.

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Espasokeso

Casual Trader

complete with the important basic information

4/4/2009

2 of 2 customers found this helpful (100%)

Pros:: None
Cons:: None
Bottom Line:: Yes, I would recommend this to a friend
Quote:: Iâ€™m lucky this is the first book Iâ€™ve read instead of the other books out there which do not contain important facts about trading. A lot of people say this book is a good start for reading about forex. Well, I agree with them. This is complete with the important basic information like what are those â€œMajor and Cross pairsâ€, how to have â€œGood Money Managementâ€ and other Guidelines on how to become an effective trader.

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