Forex Made Easy: 6 Ways to Trade the Dollar

by James Dicks

Book Overview

The first plain-English introduction to foreign currency exchange trading--one of today's hottest profit opportunities

The foreign currency market is the largest financial market in the world, and foreign exchange trading is quickly becoming one of today's most high-profile, potentially lucrative markets. One problem is that books on the topic are complex, technically dense, and difficult for Forex novices to grasp.

FOREX...

• Format: Hardcover
• Language: English
• ISBN: 0071438947
• ISBN13: 9780071438940
• Release Date: March 2004
• Publisher: McGraw-Hill Companies
• Length: 256 Pages
• Weight: 1.10 lbs.
• Dimensions: 0.7" x 6.2" x 9.4"

Customer Reviews

Fact from Fiction

First let me preface my biased opinion that follows Fact I own and have read the book Fact I dramatically increased my knowledge of market technicals after reading this book Fact Technical indicators were scary to understand and use prior to reading this book Fact After reading this book I bought Steven Nison A Candlestick Course Fact After reading this book I bought John Bollinger on Bollinger Bands Fact I would not know about either of these authors and their WORLD RENOWN work if it were not for James Dicks. Fact I own Premiere Trade AI-Pro Fact Though it took about a month to unlearn another major companies more expensive less accurate but Profitable SW (i owned for 18 months before purchasing PT-AI because I needed an Options analysis platform Fact not only did I get an options analysis platform for the same price as my former platform company wanted to charge me, but I go t the stock analysis for free i got mutual fund analysis for free I got FOREX analysis for free. I got better diagramming scaling etc than I had from e-signal All this for the same low cost of one application of any other trade analysis company Fact in the long run PremiereTrade cost about 1/4 the cost of any other platform Fact My stock portfolio immediately became more successful rather than depending on red and green lights and moving averages. Fact For the last 4 months I have immersed my self in the details that this book brings to the user. As some of these reviews indicate, there is little detail about the FOREX market place written between the covers beyond what is necessary to know. 1) Forex trades >$4 trillion a day <br />2) there are no market makers to screw you <br />3) It is a place that offers great wealth potential <br />4) It is risky with out proper money management and risk reward ratio (other vendors do not talk about this much) <br />5) The trader must do his or her own do diligence to make sure the trade they put on is a high probability trade through money and risk reward management <br /> <br />What these awesomely bad reviews don't tell the reader is this book does introduce the trader to all these aspects of forex trading. It introduces the reader to candlesticks diagrams bull and bearish formation technical indicators and analysis. If the newbie ever wanted a laymens introductory capture of all aspects a good trader needs for any market place this is the book for them. <br /> <br />The point of the title is that whilst most day, swing and position traders dawdle to find a few out of 40000 securities, a student of forex need only concentrate on the 6 major currency pairs. learn those 6 and become profitable. <br /> <br />This book is a must for the unknowing. <br /> <br />My suggestion is not to buy this book but get it free when you purchase the SW. <br />You will be buying into a family of traders who came from the platforms that these bad reviews were written by. You will learn that all you need to do in FOREX is make a simple 80 PIPs a w

The Best Beginner Forex Book on the Market, a Must Have Book

Being and experienced trader , I read everything I can get my hands on . I was extremely impressed with James Dicks Forex Made Easy . I feel that it is a fountain of knowledge for the beginner trader and can be extremely insightful even to the advanced trader . Right from the start it gets you used to the terminologies that can be so foreign to the newbie trader . Things that advanced traders take for granted are explained in vivid detail so the beginning trader can learn to talk the talk of a trader as the book continues on and teaches him to walk the walk . I had read the book about a year and a half ago and was so impressed with it that I actually went to the companies headquarters in Orlando Florida to see if the company was for real . The first thing that impressed me was the companies willingness to show me around . Nothing was hidden , including the trading room . This is a room where James Dicks keeps a battery of traders employed whose sole purpose is to trade his money ! How much more faith can you get in your own system than to put your own money on the line and having people using your own system risking your own money ! This is proof that there is no scamming involved in this company ! They are for real and they put their money where their mouth is . I was so impressed that I decided to get involved with the company myself , and boy am I glad that I did . The software is borderline amazing . I'm not going to say there is no learning curve and that you will make a million dollars the first month . But if you put your nose to the grindstone and listen to the endless free instruction that comes with the package , success is attainable . From 8 AM in the morning till after midnite they give free over the internet instruction as to how to trade with the PremieretradeAI software . . I am very impressed with the whole company and now 7 months later , I am still impressed . To sum it all up , buy the book , and buy the software Yours Truly, Robert M . Zitrin

Loved this book

I think all of these negative reviewers are just not smart enough to understand trading currencies. I thought this book was good... I'm not a professional book reviewer or trader like some of these folks claim to be, but I know what I like.... So if you're not one of those types who thinks you already know everything you should check this book out.

Thank you well done!

When looking for a way to learn this very exciting market I found this book, and it was the start to being a very successful trader. I was like many of you looking for a way to invest on my own and make extra money when I learned of the forex market, and looked for a book to learn from. This is a great book to learn the Forex market! It helped me! I don't understand how someone would not enjoy this book. It is an easy to read book, with lots of great information.

Excellent Guide to Trading the Forex Market

I have just finished reading the book from cover to cover. I have traded stocks and futures and I wanted to diversify with currencies. I bought the book and started reading it on a plane ride. It was excellent. There was the compulsary basics and definitions, but then the book went into advanced details on trading strategies, real world applications and honest how to instructions. I was impressed and have decided to start trading. It was also interesting that 3 people stopped me on the plane to ask about the book. I have a positive first impression of the Forex Market and have opened a demo account to practice paper trades as the book suggested.