Forex Book Review

A couple of months ago when I was getting started in Forex, I decided
to pick up a book to learn a little about it.  The only book
available in Barnes and Noble was “Forex Made Easy” by James
Dicks. 

The book is split into 15 chapters: What is Forex?, More FOREX,
Forecasting the Market, Currency Options, Creating a Workstation for
Trading, Fundamentals of Trading, Economic Fundamentals, Introduction
to Technical Analysis, Advanced Trading Charts and Indicators,
Fibonacci Numerical Sequences and Elliot Waves, Money Management
Principles, Six Steps to Success, Getting Started with a Trading
Station, Corporations in the FOREX, and The Business of Trading.

When
I started reading this book, I didn’t know much about FOREX. 
After reading most of the book, I knew a little more.  The book is
only about 200 pages and is split up into small sections.  He
doesn’t go into detail on any 1 subject but gives a general overview
and maybe an example.

The best sections are his recommendations on money
management.  As a beginner in foreign exchange, money management
is key.   But if your looking for practical applications of his
methods, you won’t find much.  Some of the book pushes his website
and software package. 

I wouldn’t recommend this book
unless you really want to learn about FOREX and there are no other
books available and your a beginner. 

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