You will find the following information below:
1. Information about the FOREX Book Review Contest
2. Latest book reviews that have been posted.
1. About The Book Review Contest
Help Other FOREX Traders & Win 3 Months of FX Bootcamp!
Click Here To Leave Your Review: http://www.amazon.com/Bootcamp-Guide-Strategic-Tactical-Trading/product-reviews/0470187700/ref=dp_top_cm_cr_acr_txt?ie=UTF8&showViewpoints=1
Please leave a helpful review for FX Bootcamp’s Guide to Strategic & Tactical FOREX Trading. A good book review should not only indicate that you enjoyed reading the book, but it should also state specifically how the book helped you improve your forex trading. “This is the greatest forex book in the world” does show your passion, but doesn’t really help a potential reader that much. “This book helped me enter trades with the trend, target exits in advance using pivot points and treat my trading as a business” is much more specific and helpful. Remember, the point of the book review is to help other forex traders.
FOREX Book Review Contest Details
The author of the most helpful book review will recieve a free 3 month membership to FX Bootcamp (a $899.85 valute).
Contest Rules:
1. A totoal of 100 or more reviews must be recieved by July 15th, 2009. (currently 31).
2. The book review should not “sales pitchy”.
3. The book review should clearly indicate how it helped your forex trading.
4. The book review should be detailed and specific, but no more than 250 words.
5. The book review must be accepted by and posted on Amazon.com (USA Site) If you post your review on Amazon.com in another country, please email me the link and, if nessasary, a translation.
6. I will select one that I like best. Amazon’s “Most Helpful” voting feature will be taken into consideration, so you can participate in the selection of the winner too.
Click Here To Leave Your Review: http://www.amazon.com/Bootcamp-Guide-Strategic-Tactical-Trading/product-reviews/0470187700/ref=dp_top_cm_cr_acr_txt?ie=UTF8&showViewpoints=1
2. Acutal Book Reviews Posted
First on list of books I would recommend for Forex, July 12, 2009
| By |
R. Torti (Gulf Breeze, FL, United States) - |
I have read several books on trading, technical analysis, and Forex, but this one has probably helped me more than the others put together.
This book is a very easy read. I was able to get excited and not continually “nod off” as I was reading. The chapters are organized for a person who is limited to read short pieces at a time.
Before picking up this book, I was familiar with many of the aspects it covered, but this knowledge was like having a hammer and not knowing what to do with it. This book provided some direction for me to actually successfully use the technical analysis knowledge I already had. Also, many common mistakes and bad scenarios were mentioned. Some of these mistakes mentioned caused me to laugh because they were almost identical to ones I had made.
Most importantly, Wayne McDonnell, the author, gets into the psychology of the Forex trader. This inner aspect of trading is probably the single most important one.
I highly recommend this book to anyone who is seriously wanting to have a career in Forex. I would consider it indispensable.
Pushed me to the top of Trading, July 6, 2009
I was stuck at a point in my trading. I was missing something and I did not know what it was. I was searching for it and found this book. What sold me was that this book was not a beginners book, it was a intermediate/advanced book. Wayne’s story rung true with me. He struggled and finally saw the light. It seemed too good to be true. But I ordered it anyway. This was the best Forex decision I made. THe book covered the basics but a way that made it easier to understand. I devoured the book and took many things away from it that filled in a lot of holes. My Forex Trading has taken off tremendously. I have taken the Pivot points and the moving averages and applied them to my charts and it was as if a light went off. I could see it now. With this and the trade journaling advice in the book, I was able to even show my wife how to trade in no time. She trade off the pivot points like a pro. If you are looking for a book to put you over the edge into being a successful proffessional forex trader, I can’t recommend this book enough. Seek the Knowledge first and the PIPs will come later. I just wish I found this book sooner.
A practical guide to trading, July 6, 2009
These days one can open a trading account with their bank or with an online broker. It’s all “easy”, goes the advertising. Yet the statistical fact is that 95% of novice traders fail. The truth is - it’s very difficult to make money as a retail trader.
Still, I wanted to try and I needed to learn how. There are lots of ways to do that. Before I stumbled on this book, I read numerous other books, guides, and online resources. I was familiar with the basic terminology. I just did not know how to be profitable. “The FX Bootcamp Guide” taught me two most important things that I was completely missing before - planning and discipline.
The book describes technical indicators, attempts to teach readers inter-market analysis and central banking, talks about trading as a business, and shows how to create a general strategy. The author makes a great job of it. But to me the most important lesson was to make plans instead of waiting for signals.
If things go wrong, people tend to panic. I certainly do. But now I plan trades ahead of time and execute only when the planned conditions occur. No stress! This book convinced me to do that and taught me how. As a result my trading has greatly improved. If you feel that your trading skills could be improved, I recommend “The FX Bootcamp Guide”.
Educational and Inspirational Forex Trading Book, July 5, 2009
There is so much information available both in print and on the internet today and having read some of these I purchased FX Boot Camp Strategic and Tactical Forex trading.
I was pleasantly surprised how it’s clear and concise explanation of trading terminology, using simple and sometimes humorous analogies has for me put to rest some questionable trading myths.
This book also gives an introduction into the psychology of trading and has offered me an insight into the psyche of the professional trader.
The Basic chart set up gives a better understanding of how the use of Moving Averages in conjunction with other oscillators can help identify where the best entry and exit points are, which is without a doubt priceless.
One of the best parts of this book for me, and there are many, was the section covering Currency Correlation as I have often thought that surely if one currency is going one way that there must be an equal opposite to this Ying and Yang principle and this book not only confirms this but also provides detailed explanations and examples of exactly this correlation in real market terms.
Not only is this book a thoroughly enjoyable read it’s written in a no nonsense style which is easy to absorb and digest.
This book has made me a more disciplined trader and has helped me understand the importance of Risk Management and Risk Analysis
I would and have already recommended this book to other novice and seasoned traders alike.
I have applied what is in this book and it works., July 3, 2009
As Wayne McDonell points out - trading is similar to war. You take the high ground and wait for the enemy to approach. In this case it’s the trader on the other side of the trade who is the enemy. If you are interested in forex, or already trading, you will find this book a valuable resource. It helped me become a better trader.
Writing in a clear and personally engaging style, McDonell makes sense of the fundamental and technical aspects of what moves currency pairs. He also comes equipped with an arsenal of useful charting tools that help a trader get the “feel” for the direction and speed of the market. The focus is on developing a plan for every trade: wait for price to come to you, determine when to enter, and when to take profit.
A trading style aimed at making “conservative repeatable trades” is what is really at the heart of this book. There are a half dozen or so books available on trading that are worthwhile, and I have read all of them. Some focus on strategy and others on the psychology of trading. McDonell pulls it all together and covers every aspect of trading you need to become a successful trader.
This book works well for traders at all levels of experience who are not consistently making successful trades. Some of the criticisms of the book are valid. But the faults are miniscule when compared to the tremendously useful and insightful content found in every chapter. If I could have only one book on forex trading, it would be this.
Fisrt Forex Book purchased… A great place to start., July 3, 2009
I’ve followed Wayne’s free material via FXbootcamp/Youtube and Fxstreet for a year. When I saw that he was releasing a book I purchased it right away. He does a great job explaining why planning is so crucial to success (taking away the emotion from entering and exiting trades). You get great technical information in an easy to understand form. There is so much info packed into this book to give a beginner (like myself) a great overview of how the currency markets work. Wayne is a witty guy and it comes across in the book (it’s a fun read).
Bottom line: Great place to start if you are interested in the Forex markets for trading or simply curious about why and how currency flows around the globe. Thanks Wayne for a great book.
This book inspired me to follow my dream of becoming a trader, July 3, 2009
The hardest part of trading is to manage your “self” - facing your emotions and your doubts. This book has helped tremendously by giving me confidence and a feeling of “I can do this”!
What really did it for me was to see how the author had to learn how to be successful on his own, with all the blood sweat and tears that come with becoming great at any subject. Only a person who walked the walk can talk the talk - or in other words, only a person that knows his or her subject from actual real life experience has something practical to teach.
Wayne McDonell is laying out precise steps of how to set up a trade plan and how to execute your plan successfully. He gives you a conservative (and therefore “relatively safe”) trading method that can be repeated again and again. Some of the practical things I’ve learned include how to set up your charts with the same indicators that he is using, how to interpret what the indicators are showing, and when to pull the trigger.
By experiencing that what is taught works and most importantly, by seeing that it is repeatable, I gained a new confidence. In here lies the greatest gift of this book, it gave me the conviction that “It can be done! It really is possible to make a life out of trading - because Wayne is doing it, and he can teach me how to do it too”!
Complete Integration of Fundamental and Technical Analysis, July 2, 2009
I bought FX Bootcamp Guide to Strategic and Tactical Forex Trading last year by Pre-Order and ever since I got it, it’s my top book on Forex Trading for the following reasons:
* Complete Integration of Fundamental and Tehnical Analysis
* Helped me remove my emotions in trading
* Learned to trade the news.
* Learned Intermarket Analysis and Currency Correlations
* Learned to create my own Trade Plan and Execute it.
* Learned to trade conservatively and position myself on the higher ground and most especially pull the the trigger when the opportunity presents.
* Learned Relative Strength Analysis of the currencies, and
from there Im able to trade any currency pair with the right
speed and momentum.
I read the book 3x so far, and my goal is to read it 7x over. I highly recommend this book to everyone! Thanks Wayne for writing this book.
This is by far the complete book in Forex Trading.
Video Trade Journal by 
