You will find many books on forex trading and reviews of forex books.
"Bird Watching in Lion Country" should be your starting point in forex.
The forex market is 'lion country'. Bird watching in lion country can be a very rewarding, but dangerous experience.
Written by Dirk du Toit, this is an easy-to-read e-Book of some 236 pages; considering what you are likely to lose if you start forex trading without proper understanding or guidance, the outlay of $69.95 is tiny. People have spent (and wasted) years and often thousands of dollars on 'training programs and courses' and 'systems', each one promising to be the only way to make serious money on forex trading. But the reality is different. Yes, there are some very successful traders, but their successes were not immediate, and they comprise possibly 10% of all forex traders. Everyone else's money goes straight into the pockets of brokers and self-proclaimed currency market gurus and internet wizards, most of whom don't trade themselves.
Cleverly designed campaigns are likely to relieve you of a lot of money before you begin to realise the truth about foreign currency trading!
Not everyone involved in the forex business is a thief or crook, of course. But you should be suspicious of much of what you read on web sites or receive as email. There are gross exaggerations and 'half-truths' almost everywhere – marketing and advertising at its best! But there's really no short cut or 'quick fix' that can guarantee instant success with forex trading, including this (or any other) book or trading system. Read it and you'll begin to understand why. Read it again and absorb more. Follow the principles and you'll have a good chance of reaping your own rewards from forex trading.
If you've already trading or are just considering becoming a forex trader, do yourself a favour and get Bird Watching in Lion Country by Dirk du Toit. Read it more than once. Study the principles and follow Dirk's advice before you even think of going 'live'. You will have a better chance of recovering both the outlay and your trading losses. Given time and experience and adding (but not relying on!) a bit of luck, you will start to make a profit like the select few – possibly ten percent of all – forex traders. There's an old saying: Forewarned is forearmed. It definitely applies to forex trading.
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