Forex Revolution: An Insider's Guide to the Real World of Foreign Exchange Trading

by Peter Rosenstreich

Book Overview

"For many investors, an intense, 24-hour-a-day, $1.5 trillion roller-coaster of a market spells "danger"; for readers of Forex Revolution , the word is "opportunity." -Michael J. Panzner, vice... This description may be from another edition of this product.

• Format: Hardcover
• Language: English
• ISBN: 013148690X
• ISBN13: 9780131486904
• Release Date: January 2005
• Publisher: FT Press
• Length: 277 Pages
• Weight: 1.44 lbs.
• Dimensions: 1.1" x 6.3" x 9.2"

Customer Reviews

Good Introduction

We recommend this book to our clients who want to learn more about global currency markets. It gives a great introductory overview and history of currency. Brief and well written.

Good Introduction to the Forex Market!

This book definately gives the reader a good look at the intricacies of the Forex, but it is not the final step in your education of the Forex market. The Forex market is a world unto itself and by nature is a huge gamble for a private investor. This book is a great place to start. The author uses good examples to illustrate his points and doesn't assume the reader has a thorough understanding of macroeconomics.

Solid Basics

Author Peter Rosenstreich's short, concise guide is a neophyte's introduction to the world of foreign exchange trading. Its chief virtue is that it warns against trading if you don't have a strategy and some level of technology. Its chief vice is the suggestion that it is realistic for individual investors to expect to make money in the foreign exchange markets. The author cautions against the risks of the market (and gives good advice on spotting the most egregious frauds), but even to suggest that an individual retail trader equipped with an Internet connection, a news feed, a research source and a charting service can hope to succeed in Forex investing is a bit misleading. Perhaps, it would have been more enlightening if the author had discussed the competition that confronts the potentially foolhardy neophyte, in terms of equipment, technology and expertise. That said, readers will gain an elementary - but not really an insider's - acquaintance with the ABCs of the Forex markets and will learn the names of key agencies and approaches. We find that the book's most useful attributes include references to further reading that should deter novices from attempting to trade their own money in the foreign exchange markets. For solid basics, read on - but zip your wallet.

for both laypeople and professionals...

As a really under-informed layperson, I found this book enormously useful for its clear explanations of what had been (to me, at least) a completely unknown investment area. But I have to say that I enjoyed this book just as much for the opportunity to peer into the lives of the foreign exchange traders themselves--the hours they keep, the challenges in the field. I enjoyed (funny to say this about a financial book...) Forex Revolution for these good human-interest stories as well as for its valuable insights into what I'd always assumed was a very arcane subject. No more, thanks to Rosenstreich's new book.

My review

I found this book cogent and interesting. Gives a real scope of a new financial reality.