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Forex Trading Secrets: Trading Strategies for the Forex Market
 
 
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Forex Trading Secrets: Trading Strategies for the Forex Market [Hardcover]

James Dicks (Author)
2.4 out of 5 stars  See all reviews (5 customer reviews)

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Book Description

January 14, 2010

Just a decade ago, the Foreign Exchange was a market reserved for a select few. Now, anyone can actively trade in this profitable market—even those with no formal financial education. Enter James Dicks, a leading FOREX expert and educator who cut his teeth in this burgeoning market and wants to share his years of experienced wisdom with you.

FOREX Trading Secrets is a one-stop sourcebook packed with everything a trader needs to quick-start success in a 24-hour market. In addition to covering every fundamental aspect of the FOREX, this hands-on guide provides hard-won tools and strategies from a seasoned trader, who helps you minimize your exposure to the inherent risk in this unique market.

A useful volume you’ll turn to again and again, FOREX Trading Secrets features specific examples of proven trading strategies working in the real world, a simple and profitable technique for money management, and confidence-building skills for creating your own source of income.

If you have never traded the FOREX before, FOREX Trading Secrets is the place to start. It covers the essential basics, including all major currency pairs, the mechanics of trading, how to place a trade, and deciding what type of trader you are. Experienced traders gain expert insight into the fundamentals, as well as such advanced topics as creating a successful trading plan,managing risk, mastering your emotions, and building your portfolio. You will benefit from

  • An insider’s clarification of the Carry Trade
  • Seeing technical indicators and patterns through a master’s eyes
  • The secrets to FOREX diversification
  • A detailed explanation of the author’s personal trading approach
  • A Trader’s Ten Commandments

There is no holy grail of FOREX trading, but with FOREX Trading Secrets, all you need is practice to build a powerful trading toolbox for wealth security in the world’s biggest financial market.


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Forex Trading Secrets: Trading Strategies for the Forex Market + Forex Made Easy : 6 Ways to Trade the Dollar + The 10 Essentials of Forex Trading: The Rules for Turning Trading Patterns Into Profit
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Editorial Reviews

From the Back Cover

An Insider’s Guide to Profiting in the Foreign Exchange Market

Picking up where his extraordinarily popular FOREX Made Easy left off, bestselling investing author James Dicks shows you how to build a successful trading plan for the currency market from the ground up—from choosing the right strategies for your goals to implementing them.

FOREX Trading Secrets delves into the details of the FOREX market, beginning with the fundamentals of how it works and what makes individual currencies move. Then, it provides a thorough discussion on money management that includes a wealth of cornerstone knowledge and advice on how to develop a winning mindset and successful trading habits.

Inside FOREX Trading Secrets, you’ll find

  • Proven solutions for reducing risk
  • Tips for reading market behavior based on fundamental, technical, and psychological conditions
  • Hands-on guidance for using today’s preferred trading systems

FOREX Trading Secrets is the most complete A-to-Z guide available for new and seasoned investors. Its peerless depth of coverage and vivid depictions of winning tools and approaches are exactly what you need to maximize gains in the FOREX market. Take your first step to long-term success today by discovering FOREX Trading Secrets.

About the Author

James Dicks is president and CEO of a group of financial companies, including PremierTrade, LLC. He founded FOREX Made Easy, the largest introducer of spot retail FOREX customers in the United States. For more information, visit www.JamesDicks.com.


Product Details

  • Hardcover: 304 pages
  • Publisher: McGraw-Hill; 1 edition (January 14, 2010)
  • Language: English
  • ISBN-10: 007166422X
  • ISBN-13: 978-0071664226
  • Product Dimensions: 9.2 x 6 x 1 inches
  • Shipping Weight: 1.4 pounds (View shipping rates and policies)
  • Average Customer Review: 2.4 out of 5 stars  See all reviews (5 customer reviews)
  • Amazon Best Sellers Rank: #445,801 in Books (See Top 100 in Books)

More About the Author

For more than a decade, James Dicks has been one of the nation's leading educators on the subject of Real Estate, Stocks, Options, the Foreign Exchange Market and empowering investors to handle their own investments.

James is living his dream by helping investors and businesses overcome the hurdles of reaching their financial goals. Millions of people have heard James' message of diversification, money management and financial freedom and thousands have attended one of his many free workshops. Increasing investment knowledge is James' goal and he strives to reach this goal by using a common sense approach that investors of all types can utilize on their road to financial freedom.

 

Customer Reviews

5 Reviews
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Average Customer Review
2.4 out of 5 stars (5 customer reviews)
 
 
 
 
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Most Helpful Customer Reviews

6 of 7 people found the following review helpful:
4.0 out of 5 stars Excellent Forex trading book!, February 8, 2010
By 
Doctor Dre' (Davenport, FL USA) - See all my reviews
This review is from: Forex Trading Secrets: Trading Strategies for the Forex Market (Hardcover)
I picked up the Forex Trading Secrets book last week and have read through 90% of the book; concentrating on the sections of my Forex trading where I could use additional help.

There are not many Forex books available that focus on the psychological and disciplinary side of trading, as well as the fundamental and technical side of identifying trades through various charting techniques like this new book. The original book that was written prior to this one, "Forex made easy" was a great introductory book to the Forex market that taught me a lot when it came out. I think this one takes me to the next level in my trading.

I am going to use the books trading system and money management plan as a guide for future trades and impliment the new strategies I learned immediately.

It's a great book and a small price for its value.

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3 of 3 people found the following review helpful:
1.0 out of 5 stars James dicks around, December 10, 2010
By 
This review is from: Forex Trading Secrets: Trading Strategies for the Forex Market (Hardcover)
If you don't know what fundamental analysis, technical analysis and the Internet is you will find this book very helpful. The book even has information about how to open a forex trading account. On the other hand, if you are a normal beginner I don't think you can do better than being a dummy. Get this book Currency Trading For Dummies - my best recommendation for people starting out.
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5 of 7 people found the following review helpful:
1.0 out of 5 stars Keep moving!, March 13, 2010
This review is from: Forex Trading Secrets: Trading Strategies for the Forex Market (Hardcover)
There is ZERO forex "secret" in this book, just the usual ramblings: what is a pip, the forex is the most liquid market, you need discipline, blah blah blah... Then at the end of the book, near the last chapter, the author shows you a couple of un-tested, un-proven "systems" that he supposedly uses. These so-called systems use subjective trendlines (will the real trendline stand up please?) and simplistic, non-backtested breakout "techniques". The whole purpose of the book is to lure you to his website, end of story.
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