Foreign-exchange-market Books


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Foreign-exchange-market Books sorted by Average customer review: high to low .

Foreign-exchange-market
Forex Conquered: High Probability Systems and Strategies for Active Traders
Published in Kindle Edition by Wiley (2007-03-30)
Author: John L. Person
List price: $90.00
New price: $51.03

Average review score:

Trading systems that would probably work.
Helpful Votes: 0 out of 1 total.
Review Date: 2008-04-14
John explained the trading systems that would probably work. Some history of performance is shown in the book. Anyway, the system should be tested in the choppy market condition first before it applied in your live account. I'm afraid that it's only working well in a trending condition.

More of the same
Helpful Votes: 11 out of 11 total.
Review Date: 2007-12-22
I have bought this book as I had heard a lot about this author from trading symposiums. He may be a great trader and also may be a great presenter in symposiums but when it comes to writing a book, I would not say he was successful.

1. Good amount of content in this book is a repeat from his other two books. So if you happen to have one of his other two books you may want to ask yourself why do you want to buy this book.

2. Good amount of content in this book is freely available in the internet. Not only its covered for free in the internet, its actually more detailed and better articulated with good examples. Take the challenge and just do a google search for simple terms like candle stick, pivot points, stochastics, MACD, chart patterns etc and you will be amazed how much great content is there for free.

3. The three trading system methods being discussed is nothing new. Even if its not new, I would have atleast expected that these systems be covered in more detail with proper definition of the rules. Unfortunately, only overview of the system is provided and its up to the reader to figure out the missing pieces are. Book touches upon filters, entries etc but nothing detailed enough to be useful. I don't really know why the author calls the systems high probability. The first 2 of them are based on stochastics & MACD respectively. The last one is based on pivots & MA though not new, detailed information on tis system is not provided.

4. The tradestation back testing strategy code and the results looks like are cheri picked. You try to run that strategy with different instruments you will see the real truth. There is nothing great about this strategy. He talks about scaling when entering the trades but he does not incorporate that in the strategy and leaves it to the readers to figure that out. What is given in the strategy is the most basic version which you can find by posting in tradestation forum for free.

5. The pivot point moving average system strategy code is not presented. I was looking for clear rules on how this strategy can be implemented. If you talk about a strategy, you got to be specific about the rules so that anyone who want to backtest can do so. Unfortunately the rules are not specific. I had written to the author to get more information about this and found out that he would be selling this as an indicator in 2008. So looks like (my personal opinion) the Pivot point Avg system being mentioned in the book is a marketing instrument for his indicator being sold. I have read other books where the author refers to paid indicators he has written but does provide detailed information on how those indicators work and the details/calculation behind that in the book. If someone likes it and do not want to develop it themselves, they can always buy it if they like.

6. CD...... I am amazed that the author is marketing about calculators. All the calculators he talks about are available free in the internet. In addition, anyone who has excel can create these indicators in less than 5 mins. Most trading software automatically calculates these numbers. So I am not really sure what is the value of the indicator other than for marketing purposes. The CD does have a training video which is good. Other than that, I feel this CD is a way to make sure that you don't return this book as once you open the CD you cannot return it.

7. Looking at the chapters, you will notice...
Introduction to Forex... nothing new here... You can read about this in million sites for free.
Candlestick.... All this content is free in the internet. If you already own his previous book, you are wasting your money to read the same content thats available elsewhere.
Patterns..... Same as candlestick. Its filler information. No new insight. No actionable information. Unfortunately nothing of value here.
Fibonacci chapter was so theoritical even if you read it 10 times you will know what it is but will not help you in any shape or form. Its like learning about the internals of the car's engine which has no relationship to how to drive the car.
Trading system chapter was not detailed enough and lacked depth.
Psychology chapter was brief..

In essence, the book is like going to a mediocre Sunday buffet. It has references to different concepts but none of the concepts are covered in depth nor any new insight provided.

8. Since you paid good amount of money for this book, you atleast expect the book to be printed in good paper. You will surprised that the quality of the paper printed is also not good.

9. On the good side
Book discusses about Multiple Timeframe analysis which is good though Elder does a better job in his book.
Discussion on scaling out is interesting.
Quick Training video in the CD is good.

In summary, this book is not worth the money. No new information. Even the information covered is not covered in detail. Not much actionable information. So if you don't have access to the internet and cannot read content online, you can pay for this book to get all the basic information (in a printed form) though you can get such (better) information for free in the net. If you are looking for specific information on the 3 systems John is talking about, be prepared to get disappointed.

Hope this helps.
Ram

Invaluable
Helpful Votes: 2 out of 4 total.
Review Date: 2007-12-21
Person certainly opened my eyes to pivot point trading in this book. Combining sound strategies and trading psychology is a great combination as both are monumentally important. Thanks directly to this book, I am able to consistently make money from trading forex, which I have been trading for about 2 years now. Cant recommend it enough!

Must read
Helpful Votes: 3 out of 3 total.
Review Date: 2008-08-11
This is definitely not a beginner's book and I suspect that some of the reviews found here giving this less than 4 stars are beginner or very ignorant traders that expect to be spoon fed.

Is this book perfect? No, that is why I did not give it 5 stars. But it does come close. The only perfection I have seen is Steve Nison.

This book is basically about candlesticks, pivot points and some basic indicators like MACD, Stochastics, Fibbonacci. He also discusses risk management and psychology.

If you are looking for a 'system'...you will and you won't find it here. He gives you some basic systems to start with. Really...you have to learn, understand and create your own system and style of trading Forex and build on the knowledge given in this book. No book can give it to you. It comes from knowledge of yourself and experience with Forex.

I found his information on Pivot Points to be excellent and it definitely expanded upon my already strong understanding. I trade pivots, candle signals and at times use things like Bollinger Bands for confirmation. That is it. I stopped complicating Forex, made it simple and the money rolls in. Trending pairs, consolidated pairs, ranging pairs...doesn't matter. Once you understand price action...the world of Forex is yours.

One of the reviewers beneath me claims the techniques Person teaches do not work unless there is a trend. HAAAAAAAAAAAAAAAAAA WRONG!!!!!

I use these techniques in trends, ranges, for momentum and breakouts. It applies if you know how to trade those conditions. If you know what is and is not possible in those conditions!

If a market is only moving in a 20 pip range....DON'T TRADE IT. DUH! Nothing but scalping will work there. If the market is in a 30 to 40 pip range...I am making the money! Also, (common sense alert) what is possible depends on your broker, the spread, etc. My broker is an ECN so I have no slippage or spreads to deal with. I pay a $10 commission on each standard lot I trade. So, if I grab 20 pips ($200) and I pay a $10 comm. I made $190. With an ECN, I can trade anything.


Do not expect this book to be more than it offers. Any idiot can read the table of contents and clearly see what this book will cover and will not cover.

If you are new to Forex...get a strong foundation down first before you try this book. If you are already successfully trading and want to learn more...this book is for you. If you know pivots inside and out...you probably will not learn anything.

If you are not successfully trading Forex, have an intermediate to strong understanding of trading but do not use or know anything about Pivot Points....this is the book for you!

Before buying any book, before you even try trading...you had better have a strong understanding of Japanese Candles. They work in every market and on all time frames. I would not trust any material unless it is Steve Nison's. So start with his books and build from there.

Steve Nison's 'Profiting in Forex' DVD set (about $600) is THE gold standard when it comes to learning how to use candles with Forex in my opinion. That DVD course BLEW ME AWAY! And I knew my stuff too but I still learned new things! If you want to get good at Forex...combine that course with this book. If you are new...start with the basics first.


This book definitely provides a lot more than most may notice. The question is...are you capable of seeing what the other complainers missed?

Basic, nothing really useful, not well written, overpriced...
Helpful Votes: 5 out of 6 total.
Review Date: 2007-12-08
I wish other 1-star guys had posted their messages earlier. I could have saved the useless time and money I spent for this book.
The content is very limited. It has a few things on forex introduction, general trading tips (the usual things), Fibonacci and pivot points, but it remains very basic and there is nothing that is not available for free.
The style is not good and clear. The book is much too thick for its actual content (lots of fillers).
The so-called systems are too basic to be good over the long run. And there are about 3 of them, quite similar to each other. It does not match the message of the book: "High probability systems and strategies for active traders"...
The CD? Like others said. A joke. The so-called calculator is a link to a web page where the real calculator is. Therefore you need internet, and in fact you don't need the CD! The link could have been just given in the text. Besides, this type of calculator is available on the internet for free and its realization is such a poor challenge that any beginner in programming could do it.

Foreign-exchange-market
7 Winning Strategies for Trading Forex: Real and Actionable Techniques for Profiting from the Currency Markets
Published in Hardcover by Harriman House (2007-06-25)
Author: Grace Cheng
List price: $35.00
New price: $23.09

Average review score:

Still searching for Forex books
Helpful Votes: 1 out of 1 total.
Review Date: 2008-11-09
Well, this book is certainly better edited than some other Forex books I've read, but is pretty basic. It is a great book for one who knows little about the currency market, but really does not reveal much strategically. I continue to search for a well-rounded, intellectually complex reference on Forex, but perhaps it doesn't exist yet. My favorite purely Forex reference so far is The Complete Guide to Currency Trading & Investing by Jamaine Burrell. It is not perfect either, but is certainly more detailed.

The BEST Book On Forex Trading
Helpful Votes: 1 out of 2 total.
Review Date: 2008-10-06
This is a great book on forex trading, and has helped me progress into profitable trading after many months of trading. Grace Cheng does a good job explaining how the forex markets work before delving into trading strategies that made a lot of sense, something that is easily overlooked by even people who have already begun trading. For those who are trading and haven't read this book, get this book, pronto. Hands down, this is the best forex book I've ever read and I have read almost all of them. Excellent must-read!

Possibly the best forex trading book I've read!
Helpful Votes: 17 out of 21 total.
Review Date: 2008-02-05
I have read over 10 books on forex trading and this is quite possibly the best one I've purchased. I wish I would have found it before the other ones as then I would have saved a lot of money. 7 Winning Strategies is a very practical guide to improving your chances at success in the forex market. I think one of the primary reasons trading strategies don't work out is because the trader applied the wrong strategy during certain market conditions. Grace Cheng's book covers different strategies to use for different market dynamics. It details how a trader can apply these strategies and it tells you what sort of market conditions the different strategies work best in - and best of all, it does it clearly and concisely. You still need to think for yourself, but this makes it a whole lot easier to plan your trade and trade your plan! The groundwork that's been done is right on.

Actually, I was aware of Grace Cheng before purchasing this book and just like another reviewer, I didn't have a very positive impression of her because her Web site looks kind of funky. Don't let that deter you from reading this outstanding book. This book literally taught me not to judge a book by its cover. If you read it and really apply your learnings to developing a strategy that is suited to your trading style, you'd understand just how valuable the strategies detailed in this book are.

Disappointing
Helpful Votes: 5 out of 9 total.
Review Date: 2008-04-26
I bought this book because I read the author's blog and thought it would teach me something new about trading. However, I found that topics were discussed "on the surface" without going into "how to do it". I get the feeling that she is saving the bulk of her information for her online course, which you have to pay US$700 for.

This Book Will Be A Classic On Forex Trading
Helpful Votes: 6 out of 8 total.
Review Date: 2008-05-01
It is refreshing to see a book like this on the topic of forex trading, a book which is written concisely and straight to the point without wasting space. In this book "7 Winning Strategies For Trading Forex", the author Grace Cheng has done a great job of explaining the specific peculiarity of forex trading for the average individual, and how specific techniques can be applied to certain currency pairs. I am pleased that this book delivers what it was set out to do. She even emphasized that certain strategies are to be used under different market conditions. Realistic traders will find her information very useful and generous. As for those looking for the holy grail book, nothing is ever good for them. If you want a serious book on forex trading to be worth your money, this book will be it.

I've read many books on currency trading and I find this book easy-to-understand and appreciate the author's written snippets of her own observations and experience. Trading knowledge wise, on a scale of 1-10, it has taken me from a level of 2 to 7. The rest will have to come from trading in the trenches myself I suppose. Her knowledge of trading and inner workings of currency trading belies her youth, but if that's the result of her trading since after her university graduation many years ago, that's commendable and deserves my respect.

I first heard of Grace Cheng when I saw her on Chicago ABC News early this year and then went to her website. Since then I go to her site almost daily; her way of penning her opinions and observations is unlike those you see on most other broker sites.

I highly recommend this book to anyone who wish to know more about forex trading and those who are wise enough to see beyond her age and gender. This book will be by my side as I trade.

Foreign-exchange-market
Currency Strategy: A Practitioner's Guide to Currency Trading, Hedging and Forecasting
Published in Hardcover by Wiley (2002-11-11)
Author: Callum Henderson
List price: $125.00
New price: $89.81
Used price: $38.51

Average review score:

More theoretical than a "Wiley Trading" imprint- but just barely
Helpful Votes: 0 out of 0 total.
Review Date: 2008-02-24
I was looking for a book on foreign currency strategy well suited for readers with MBAs or degrees in economics - people not afraid to delve into the theory, but not necessarily well-versed in this particular topic. The "Wiley Finance" imprint usually does a good job of exactly this - a thorough serious treatment of a subject, but without differential equations. However, this book was too basic. It breezed by the theory at 10,000 feet with few references to academic papers/studies that could take you farther. Also, the book was poorly edited (shame -it is a 2nd edition) with repetition, rambling and grammatical errors. Callum Henderson clearly knows his subject, but demands too little of his readers and was not helped by his editors. That said, there are few alternatives on the subject that aren't trading books replete with technical analysis or thick academic tomes that are aimed at shaping public policy rather than informing market participants. So read the book and get what you can out of it.

Good intro to exchange rate determination and risk managment
Helpful Votes: 0 out of 0 total.
Review Date: 2007-12-28
This is a good introduction to exchange rate determination in theory and in practice. Useful for someone with a little bit of background into economics or exchange rates who wants to delve a bit more. It is slightly frustrating in that the theories are explained but little is provided in terms of whether the evidence shows it works or not. It also lacks adequate references.

One outstanding feature of this book, and indeed a lot of work by this author, is that it moves beyond just exchange rate forecasting into the realm of exchange rate risk management and other issues pertinent to those who deal in this space.

Good as a textbook, but bad as a trader's guide
Helpful Votes: 28 out of 29 total.
Review Date: 2005-01-26
As a professional trader who deals with the ups and downs of the FX market from Monday to Friday for years, particularly with the extreme volatility of USD from last October till now, I am obliged to comment that the book is of little practical/predictive use. Unless you really wanna study academic theories about FX like different kinds of exchange rate regime or exchange rate model (which seldom held themselves), or get reasons to hedge your exposure "completely" for your company's or your own investment portfolio, please give this book a pass.

Good Book -But The suporting data is hard to find
Helpful Votes: 5 out of 8 total.
Review Date: 2005-06-27
If you're a hedge fund manager I think might be the right book for you. There is a lot of information for the individual but it doesn't seem to come together in the end. The book makes many good points about the use of fundamental as well as technical analysis. But the fundamental data is mentioned but Sources are not included. I've spent to hours and hours trying to locate the data.

A Good Read!
Helpful Votes: 6 out of 22 total.
Review Date: 2004-04-29
In 1971, President Richard Nixon ended the convertibility of the dollar into gold and thereby scotched the mechanism of international agreements and regulations that had governed the world monetary system since the end of World War II. Over the ensuing decades, the once-stable global monetary environment became an exciting, volatile new source of risk and opportunity. Manufacturers saw their fortunes rise and fall as currency shifts favored them or, alternatively, their competitors overseas. Financial institutions discovered new opportunities and dangers in fast-moving currency markets. We recommend this book for its detailed and generally clear, albeit often tedious, introduction to the tools, techniques and strategies readers may use to manage risk or speculate in the world's biggest financial arena - the unregulated international currency market.

Foreign-exchange-market
Foreign Exchange: A Practical Guide to the FX Markets (Wiley Finance)
Published in Hardcover by Wiley (2006-07-11)
Author: Tim Weithers
List price: $80.00
New price: $43.74
Used price: $38.99

Average review score:

Very Readable
Helpful Votes: 0 out of 0 total.
Review Date: 2008-04-05
This is an excellent introduction to foreign exchange. The tone is conversational, with the occasional amusing anecdote, which makes it very easy reading.

Never recieve
Helpful Votes: 1 out of 7 total.
Review Date: 2007-12-25
I ordered this book on 24th November and on 25th December...it is never arrived!

Terrible!

Foreign Exchange is foreign no longer
Helpful Votes: 2 out of 3 total.
Review Date: 2007-09-05
The esteemed Dr. Weithers explains the foreign exchange market nuances with elan, wit and clarity. I would be very much suprised if this book is not considered the definitive work on the topic in the very near future. Brilliant, bold and insightful.
Kevin J. O'Mara

Heavy
Helpful Votes: 2 out of 7 total.
Review Date: 2007-02-21
This is not a practical guide to the FX markets. It is written by an academic and sounds like it. Overly complicated.

Very informative, very readable
Helpful Votes: 9 out of 9 total.
Review Date: 2007-03-08
This book was exactly what I needed. I was familiar with forex futures, and I wanted to break into the cash forex market and possibly into currency options. This book gave me a clear explanation of the markets, including the conventions, the mechanics, the spot market, forex swaps, forex options, etc., and some of the factors which drive exchange rates (e.g., interest rates).

The book is very readable. Usually, this sort of thing puts me to sleep. But I knocked off a chapter per day, no problem. The author is a member of the UBS training department, and he clearly has experience explaining this topic to the uninitiated.

The math is quite light. Nothing more complicated than algebra, which is necessary to explain some pricing logic.

The book does not contain trading secrets. It is not a system for trading forex. It does not explain How I Made $1,000,000 Trading Forex. It will not help you pick a broker. It is not an exposition on the stochastic theory of forex pricing. It is, however, a clear explanation of the FX markets.

Foreign-exchange-market
Day Trading For Dummies (For Dummies (Business & Personal Finance))
Published in Paperback by For Dummies (2007-10-29)
Author: Ann C. Logue
List price: $24.99
New price: $13.37
Used price: $13.87

Average review score:

Very Informative
Helpful Votes: 0 out of 0 total.
Review Date: 2008-09-25
Very good book, informative, the right level of detail, well written, easy to ready, a good starting book to learn about day trading.

Misleading title...
Helpful Votes: 1 out of 6 total.
Review Date: 2008-09-21
Should have been "Stock trading for dummies". Absolutely worthless book, if you are looking for specific day trading information. Full of regurgitated information about technical analysis and stock glossary, etc. Try `The Market Maker's Edge' by Josh Lukeman...

Great for beginners
Helpful Votes: 4 out of 4 total.
Review Date: 2008-07-21
This book has been wonderful for me explaining the very basics of day trading! I would highly reconmend this book to anyone who wants to see what it's all about and how things work. It's obviously not meant to be a detailed book but more of "what this means and what that means". Perfect for dummmies!

More than for just Dummies
Helpful Votes: 59 out of 69 total.
Review Date: 2007-12-04
I received this book as a gift and, at first, I was skeptical. I spent 20 years working for investment banks starting as a runner on the floor and retiring as the head of a trading desk. "What," I asked, "does this book have to teach me?"

Ah, beware of hubris! I was pleasantly surprised at what I learned. The book has a good introduction to how to obtain the sorts of information that a real day trader will need, but is best on the emotional. Emotions are almost always overlooked. I've seen lots of bright people rise to a certain point on a trading desk and then just implode because they couldn't handle the stress. And these were people working with other's money. It is even worse when it's your own dough on the line. The guy who practices day trading until he has his system all ready and then blows out a month after going live is very common.

Early in my career I started my own firm. This was before day trading was even technically possible and the firm was in the options pits. I got on the emotional roller coaster: on good days it was "Come on Honey, its steak dinner time!" On bad days I tried to save money by rationing toothpaste. It all ended in tears.

This is all by way of stressing the role emotions play in successfully trading the market. This book discusses strategies actually employed by some of the best traders on Wall Street and the book is worth looking into for that alone.

Not For Dummies ---
Helpful Votes: 8 out of 12 total.
Review Date: 2008-06-26
I have a Mensa IQ - have traded equities for 15 years and found this book to be complex and difficult to read. It presumes a lot of things that puts this well outside the title " For Dummies." "Daytrading for Intermediate to Advanced Traders" would be more honest.
If you are looking for simple understanding of the day trading concept, look elsewhere. If you want an advanced text, this is probably a minimally fair choice.

Foreign-exchange-market
A Foreign Exchange Primer
Published in Kindle Edition by Wiley (2003-05-06)
Author: Shani Shamah
List price: $79.95
New price: $45.99

Average review score:

A poor text book
Helpful Votes: 22 out of 27 total.
Review Date: 2004-03-19
This book does not help me much with my foreign exchange course as a financial engineering student.

Many examples in the book have obvious numeric errors. Also it does not talk about any logic behind the calculation. The little calculation it has is neither rigorous nor complete. Reading this book only caused me more questions and confusions. I had to read other books as a correction or supplement.

It's definitely not for people looking for mathematical reasoning. It does not even talk about Garman-Kohlhagen formula, or Spot-Forward parity etc. It only has some explanations of some jargons, even those explanations are not very well presented.

Another thing I don't like is that at several places two consecutive paragraphs are identical except for a few keywords -- an obvious result of copy & paste.

Had I known the content of the book, I would not have bought it! I bought the e-book & didn't know the content until after I bought it. And e-books cannot be returned. Otherwise I would have done it!

The perfect forex primer!
Helpful Votes: 56 out of 61 total.
Review Date: 2003-06-16
Although this book is primarily written for people that are clueless about foreign exchange (FX), it will actually teach the clued-up a thing or two also. The broad range of topics covered is what you'd expect to find in a book that is considerably thicker and more expensive - there's a detailed insight into the marketplace and its participants, the products (spot, forwards, swaps, options), fundamental vs. technical analysis, and more. The author writes in a concise, but extremely readable style and makes extensive use of pictures and diagrams. Furthermore, the book is bang up to date with recent developments in FX, such as the Euro and electronic dealing (that is, at the time I wrote this review). Finally, as an added bonus, this book is not overly biased towards the US or the US dollar, which I feel is especially appropriate for an FX book. Highly recommended!

Great for the clueless but not for the pros
Helpful Votes: 8 out of 9 total.
Review Date: 2006-05-03
As another reviewer noted, this book is definitely not for people who are ready to study "financial engineering". It is, however, PERFECT for people who want to learn about foreign exchange but don't have a finance background. It does not TRY to be a book for rocket scientists, so criticizing it for that is unfair. More advanced books that have lots of integral and summation signs assume that you already understand the basic information in this book.

This is the only book I have found which explains this important market at a level that practically anyone can understand. I'm a math student doing a mathematical modelling project involving finance and investment and so I needed something like this: I do not know anyone who invests and the simple fact is that most people don't know much about the mechanics of the markets. This book fills in a gap in plain English with little verbosity or unnecessary digressions. Thus, as a basis for gaining intuition and domain knowledge in an undergraduate university project, this book is everything it attempts to be.

Foreign-exchange-market
Forex Wave Theory: A Technical Analysis for Spot and Futures Curency Traders
Published in Kindle Edition by McGraw-Hill (2007-05-30)
Author: James L. Bickford
List price: $75.00
New price: $50.63

Average review score:

Solid Introduction to Wave Theory
Helpful Votes: 0 out of 0 total.
Review Date: 2008-01-03
Jim has provided a very solid introduction to a very complex topic - market (and FOREX) wave theory. A great book to get a firm foundation of what has gone on in Wave Theory - and to carry forward with ones own study and research.

Statistical basis for wave theory and Elliott principles
Helpful Votes: 1 out of 1 total.
Review Date: 2008-01-10
Reading this book, with its thoroughly swing analysis of EUR/USD, gives you a clear statistical basis for the concepts presented by Elliott and others about swing count, retracements etc. etc.
A must to complete an Elliott study of the Forex market.
Useful the historical part about development of wave theory.
This is not a trading system, you won't find a specific technique to make real trades, but with other material is useful to make analysis.

models are not tested with any rigour
Helpful Votes: 9 out of 9 total.
Review Date: 2007-10-23
Bickford gives summaries of various wave theories that have been proposed and used over the years. Most prominent is perhaps the Elliott Wave. Then there are the so-called multi-wave cycles. Much of the discussion is qualitative, which is probably all that is necessary for readers who wish to try out the models.

The weakness is in its pronounced lack of scrutiny. Perhaps the book is meant to be preaching to the choir. Where a reader is a priori assumed to believe that some of this stuff actually works. A more sceptical reader should be cautious. Each model has some plausibility. But what were the results of actually applying it in the marketplace? So beware, before putting any of your money down on these models, or indeed on the book itself.

Foreign-exchange-market
Managing Foreign Exchange Risk: Advanced Strategies for Global Investors, Corporations and Financial Institutions
Published in Hardcover by Probus Publishing Co. (1996-06)
Author: David F. Derosa
List price: $65.00
Used price: $79.84

Average review score:

Updated Second Edition
Helpful Votes: 1 out of 2 total.
Review Date: 1999-05-24
This second edition has been greatly expanded with materials on the mechanics of the foreign exchange and options markets. The sections on the international monetary system have been updated, especially with respect to the European monetary system. New sections have been added on exotic currency options, specifically on barriers, average rate, basket and quantos options. There are two new chapters, one on currency option applications and another on currency overlay management.

Fair Overview
Helpful Votes: 2 out of 3 total.
Review Date: 2000-02-04
The book is a fair overview of foreing exchange risk with lots of formulas. I couldn't find much on "advanced strategies for global corporations." For example, less than two pages are used to discuss zero-premium collar programs. It might be OK for new global investors but it's got very little for corporate treasurers.

Useful introduction.
Helpful Votes: 2 out of 3 total.
Review Date: 1999-06-19
This book is a good intro to FX risk. Plenty of real world examples serve to drive key points home. Good deal for those looking to learn the basics very quickly but also provides insight into more sophisticated theory.

Foreign-exchange-market
Cosmopolis: A Novel
Published in Hardcover by Scribner (2003-03-25)
Author: Don DeLillo
List price: $25.00
New price: $0.01
Used price: $0.01
Collectible price: $25.00

Average review score:

The Death of Capitalism
Helpful Votes: 0 out of 0 total.
Review Date: 2008-08-20
I take Packer as a stand-in for capitalism gone wild and savage. There was a line in there somewhere about how the logical conclusion of capitalism is killing. Packer's rapacious and deliberate murder of the world's currencies in one day's time leads him logically to seek the assassin who's been stalking him (a former employee). The two wax philosophically about each other's personality deficits, a bumbling last rites.

not DeLillo's best
Helpful Votes: 0 out of 0 total.
Review Date: 2008-05-26
I loved White Noise and Great Jones Street, so I expected to enjoy Cosmopolis. Although it had some moments of brilliance, the protagonist of this work lacked authenticity, thus the work as a whole failed to capture my interest. If you must read every work by DeLillo, pick it up, but otherwise, you can skip this one.

DELILLO WHO?
Helpful Votes: 0 out of 0 total.
Review Date: 2008-03-21
A total mismash of observations, half baked philosophy, unstructured paragraphs, pointless dialogue. Waste of reading (or listening) time.
I read this after rereading Philip Roth's Zuckerman books. Perhaps that was a mistake. Roth lives and creates life on the page. DeLillo is off in some never never land of his imagination. It does not relate to human experience. It is artificial posturing, meant to shock, but ends up boring.

I recommend you get works by Roth, Updike, Bellow, Richard Ford, Ruth Rendel, among others. Even formula writers like Robert Parker and John Mortimer are more stimlating and fun.

Crazy universe and great prose
Helpful Votes: 0 out of 0 total.
Review Date: 2008-02-23
Relevant and enlightening reflections from DeLillo on the heartlessness of our media driven, globally connected world and its demonic obsessions with money and success. Although not on level with Libra it still is a good book with momentary flashes of brilliance.

Most criticism of this books seams targeted towards its cold universe and although DeLillo certainly have created a world from a fine blend of the worst features of modern life, he is rightful to do so. The brilliant description of the perverse indifference and fascination surrounding a mans attempt to end his life by pubic burning, is in my view no more grotesque than most modern video's circulating the internet.

So despite its gloomy views and complete ignorance of the good in the modern world there certainly lies truths in this crazy book. And since it is also filled with great prose, memorable paragraphs and grotesque displays of human insanity, it all ads up to a worthwhile read.

Don, We Hardly Know Ye!
Helpful Votes: 1 out of 1 total.
Review Date: 2007-09-19
Don DeLillo is someone I regard as a serious, engrossing, remarkably *talented* writer. But as much as I enjoy reading him and as engrossed and mesmerized as I am by his breathtakingly masterful use of language --I'm disappointed. Let me try to explain.

DeLillo describes one of his characters in "Cosmopolis" as follows: "She talked. That was her job. She was born to it and got paid for it. But what did she believe?" ... This is what frustrates me about Don DeLillo: he writes, masterfully; indeed, he was "born to it." But what does he believe?

He falls, for me, into quite a populated category of modern-day writers who know and understand the pathologies of modern life, but the cure either eludes them or else they're not especially interested in exploring those pathologies. And that leaves them profoundly incomplete as a writer.

Put another way: "Et tu, Don?"

Ideology is not something that concerns many modern-day novelists, and indeed that may be the overarching problem regarding the current crop of fiction writers. One has no problem saying: "Sure, I get it, Orwell had an ideology; Hemingway had an ideology; Fitzgerald had an ideology." But modern-day novelists "play it safe" when it comes to an overarching socio-political point of view. In fact, may I suggest that taking a strong ideological stand would probably alienate a certain percentage of their potential audience (read: market share) -- and where's the profit in that? After all, beliefs may be sacred, but profits are divine.

And so novelists today, novelists such as Don DeLillo, "play it safe." While outstanding in his craftsmanship, we're still left to wonder: Yes, libermeister, you've characterized the problem brilliantly -- but what's the cure? Are you outraged by all this, or is it simply more grist for your literary mill?

Where, for example, can we place Norman Mailer nowadays, ideologically? He was FOR the first Gulf War, AGAINST the current Gulf War, but supports Hilary Clinton for president, Hillary being FOR the current Gulf War! Bing-bang-boom, he's all over the ideological map -- indeed: many things to many people. To quote The Church Lady: "How conveeeeenient!"

Evidently, self-professed "tough guys" aren't tough enough to stop dancing around the ideological middle, Mailer quite proudly labeling himself a "liberal-conservative."

Or Philip Roth. How, one wonders, does Philip Roth feel about the current state of affairs in and around Israel as they relate to the Palestinian question? How much mileage (read: fame, wealth & popularity) has Philip Roth accrued writing about Jews, and yet where has he written about the Israel government's relationship to the Palestinians and the West Bank?

I'm not saying he should take this, that or some other stand on the matter, where he stand ideologically is up to him but, as far as I'm aware of, he hasn't taken ANY position on the issue.

Here's how desperate Philip Roth is for grist for his literary mill. In his autobiography, "My Life as a Man," he confesses that he married his first wife knowing beforehand that she had diabolically tricked him into marrying her by faking a pregnancy. Why then did Roth go ahead with the marriage knowing, in advance, his wife's deceit? Well, as Woody Allen put it at the beginning of "Annie Hall" -- he needed the eggs. That is to say, Roth freely admits that, diabolic though she was, by going ahead and marrying his scheming wife, she would provide him with interesting "experiences" that he could transform into so much literary gold. (Oy, the humanity!)

Lenny Bruce once said: "Never trust a preacher who owns more than one suit." To the extent that novelists are our secular preachers, from a strictly prescriptive point of view, you'll excuse me but I prefer those novelists who don't know one yacht wax from another. I rather prefer those writers who have the guts to disturb their readers by taking a stand and in doing so offer a *cure* to the maladies they (so promiscuously) write about. As opposed to a cleverly written play-by-play of our contemporary maladies.

Writers such as DeLillio, Mailer and Roth all profess to be "progressive" in their point of view, but from where I sit, it takes guts to be *truly* progressive; it takes ideology and, with ideology, prescriptions; not just grist and talent.

Alas, Don DeLillo, you have my fullest respect as a master craftsman when it comes to the English language; and your books are full of delight and intelligence but, I hardly know ye, paisan. Upon what rock do you stand?

Foreign-exchange-market
ForeX Trading for Maximum Profit: The Best Kept Secret Off Wall Street
Published in Kindle Edition by Wiley (2004-12-27)
Author: Raghee Horner
List price: $85.00
New price: $48.20

Average review score:

I want my time back
Helpful Votes: 0 out of 0 total.
Review Date: 2008-12-22
I bought the book for the good title, when i was i dumb newbie in the markets, and even then when i read the book i could not believe the dumb stupidity useless piece of crap this book it is, this is the dumbest book for trading in no just the forex market, but any market ever made, the people who gave this book more than one star to this book is because they were paid or are the author friends or did it herself.
I am angry no because i paid money for this book, but because i will never be available to get back the time that i waste reading this useless crap.
BTW that was years ago, thankfully now i know how the markets really work, and to open your eyes, the forex markets is one of the most difficult markets in the world, one example, Warren buffet once he lost 850 m, George Soros, around 650 m, use your little peanut (brain) next time you buy a book about the markets. Got to make sense.
I gave the book one star because i couldn't gave 0 star

Eye opening ...
Helpful Votes: 0 out of 0 total.
Review Date: 2008-08-04
I have read MANY trading systems books and taken several courses and one-on-one mentoring --- in my humble opinion, Raghee's down-to-earth and uncomplicated methods are just what I needed. She seems to be a very giving honest person and I admire that. This book and her other book totally changed the way I viewed the Forex market ... to where I'm making profitable trades instead of losing trades. Thanks Raghee!!

Total Ripoff
Helpful Votes: 0 out of 0 total.
Review Date: 2008-05-21
This book is a total ripoff. It contains no practical information on trading forex. I paid full retail for the book and was very disapointed with it. The Abe Cofnas Home Study book is a much better book.

Should Have Bought This Book First!
Helpful Votes: 0 out of 0 total.
Review Date: 2008-01-29
This book tended to provide the basic training for the series of books. I have noticed that there is sometimes a tendency for individuals to try and make a killing all at once. I am finding out that small incremental gains are the best method of using this information to gain monetary value.

Overpromised, Underdelivered
Helpful Votes: 1 out of 1 total.
Review Date: 2007-11-05
Thank goodness I didn't buy the book - I borrowed it from a library, and promptly returned it within 3 days. To be fair, the first few introductory chapters were quite useful, but the usefulness stopped there. The following chapters on trendlines, fibonacci levels - these are not new terms to me, but I felt the author didn't make any effort to connect. I tried again to re-read some sections, but gave up. It was obscure, and there was a lot of rambling which totally lost me. Maybe it's me... Anyway, I found other sources online that explained the concepts a lot better.


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