The Forex Edge: Uncover the Secret Scams and Tricks to Profit in the World's Largest Financial Market by James Dick is a very new book. It came out in the early part of this year.
When I first picked up and read this book, I feel as though there is no way for me to milk some cash out of forex trading. It seems that the forex brokers are the one who make all the profit at the expense of their clients through malpractices and dishonest tactics. It is like the Prophet of Gloom telling me "Don't touch Forex. Your house will be burnt!!!"
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But having made significant progress in trading forex and with decades of experience in trading shares, I quickly recovered from the spell cast by the Forex's Prophet of Gloom. So my advice is for beginners who are interested to get their hands on forex trading, don't touch this book. It will surely make you stay away from your forex trades endeavour for good! This is especially so if you are an individual who is looking for alternative income or supplement income in forex.
However, for those who have traded forex for some time, especially trades using Metatrader platform, this book acts as an eye opener to what the brokers can do to impede your success in the forex journey. It gives you knowledge on what the brokers can do with the Virtual Plug in which can do wonders to the brokers. It lists out the various signs of scam and unethical practices. On this matter, it is a GEM material to have.
I guess that is why the book is titled "The Forex Edge". Yup, the edge to the brokers and not the forex players or traders. Man, forex brokers surely hate this book. Bashing, punching and kicking them left and right non stop! Dick sure know how to convince people from trading forex.
James Dick must have written this book after a streak of bad experiences with his forex brokers which forced him to close his accounts with them. He must have done thorough investigations, pointing to a high probability of the scam tactics and dishonest techniques employed by his brokers. I remember vividly when he mentioned "when you see PRICE OFF QUOTE in your trading platform, then your brokers are up to no good.
So do I recommend the The Forex Edge: Uncover the Secret Scams and Tricks to Profit in the World's Largest Financial Market![]()
book? Yes, for those who some trading experiences. It will provide good insight to the possible dishonest ways used by forex brokers to take the money from your account. Having a better understanding will add an additional treasure tool to your journey in making it in forex trading. And I do hope that yourt trading conviction in trading is strong enough to withstand the harsh facts (well, I believe not all forex brokers resort to such scheme, if not, they will be out of business very soon).
The last part on the book touches on forex automated trading. This is a good insight introduction material for those who have been trading manually and feel exhausted and shouted," I don't want to watch the screen all day long!".
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When I first picked up and read this book, I feel as though there is no way for me to milk some cash out of forex trading. It seems that the forex brokers are the one who make all the profit at the expense of their clients through malpractices and dishonest tactics. It is like the Prophet of Gloom telling me "Don't touch Forex. Your house will be burnt!!!"
But having made significant progress in trading forex and with decades of experience in trading shares, I quickly recovered from the spell cast by the Forex's Prophet of Gloom. So my advice is for beginners who are interested to get their hands on forex trading, don't touch this book. It will surely make you stay away from your forex trades endeavour for good! This is especially so if you are an individual who is looking for alternative income or supplement income in forex.
However, for those who have traded forex for some time, especially trades using Metatrader platform, this book acts as an eye opener to what the brokers can do to impede your success in the forex journey. It gives you knowledge on what the brokers can do with the Virtual Plug in which can do wonders to the brokers. It lists out the various signs of scam and unethical practices. On this matter, it is a GEM material to have.
I guess that is why the book is titled "The Forex Edge". Yup, the edge to the brokers and not the forex players or traders. Man, forex brokers surely hate this book. Bashing, punching and kicking them left and right non stop! Dick sure know how to convince people from trading forex.
James Dick must have written this book after a streak of bad experiences with his forex brokers which forced him to close his accounts with them. He must have done thorough investigations, pointing to a high probability of the scam tactics and dishonest techniques employed by his brokers. I remember vividly when he mentioned "when you see PRICE OFF QUOTE in your trading platform, then your brokers are up to no good.
So do I recommend the The Forex Edge: Uncover the Secret Scams and Tricks to Profit in the World's Largest Financial Market
book? Yes, for those who some trading experiences. It will provide good insight to the possible dishonest ways used by forex brokers to take the money from your account. Having a better understanding will add an additional treasure tool to your journey in making it in forex trading. And I do hope that yourt trading conviction in trading is strong enough to withstand the harsh facts (well, I believe not all forex brokers resort to such scheme, if not, they will be out of business very soon).The last part on the book touches on forex automated trading. This is a good insight introduction material for those who have been trading manually and feel exhausted and shouted," I don't want to watch the screen all day long!".
