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As a neophyte enter a trader and invest in the first investment in ten pairs and earn in eight and leave two open. Those two open pairs have already eaten the profits and if I close them they will also eat my capital. Look for information on the internet and I found Jim Brown's books. To have them at the moment buy them in amazon kindle store. Unfortunately I bought the second, I say unfortunately not because the book is bad, no, the book is very good but my neurons did not have the habit of learning.
With little hope send an email to Jim telling him that I did not understand his second book. Immediately he answered and offered to explain the parts I did not understand. Jim negotiates with the three big traders Asia, Europe and America which given the different time zones makes him work most of the day. This book should be the first book for all those who wish to trade.
In short Jim has not stopped to keep in touch with me and has clarified some concepts. With many experiences, I strongly recommend Jim's three books, but they must be read in order, first the first. Thanks Jim, I should have read your books before risking my money. God bless you. As someone who has spent years developing stock trading systems, I highly recommend Jim Brown's introduction to currency trading. From sad experience, I know that 80 to 90 percent of the books on trading systems are a waste of time.
They present cherry-picked examples of great trades to dazzle the reader and build up a false sense of confidence in the system. When you try to use these types of books in real trading, you lose money fast without a clue of how to fix the situation. This book is is not one of those dead ends. It explains how forex trading works in clear, simple terms.
It teaches the basics that are part of any solid trading system Winning at the trading game is all about mastering these fundamentals; the author does a good job of introducing readers to those fundamentals and showing why they are important. There is much more to this book than the information between the front and back cover. At the end of the book, Jim Brown invites readers to join his FaceBook group and download a forex trading system that he himself uses.
I joined the group and found a wealth of information from the author as well as a trading community that has sprung up around him. I also downloaded the trading system and found it to be a solid approach to profiting. The best systems tend to be both simple and elegant, and this system checks the box on both qualities. If forex trading interests you, make this the first book you read. It is an excellent introduction to the craft by an honest and generous professional.
Great value for a small price. I'm new to Forex trading. I have been trying to trade for a couple of months now with mixed results and now that I have learnt the simple mechanism by Jim I have had great win rate for the past two weeks. I really hope that this will be a system that I will use for years to come. Jim gives you very objective entry signals from the indicators that he provides to you for free and the template that goes with it, so that your graphs will look exactly like his.
He is also very responsive on Facebook and with replying emails if you have any questions. Thank you so much Jim for this opportunity that he is not only sharing with everyone his system but also the opportunity to easily implement it to generate some handsom. Jim does a very nice job in describing the very basics of FOREX trading and adds a nice bonus system so you can see how technical analysis can "predict" interesting opportunities for trading.
He also does a very good job in picturing a very realistic view on trading. Remaining too long in losing positions, quitting winning positions too soon, If you want to start Forex trading, read this book and then read the Marcel Link book on High-probability trading Open a demo trading account and try not to lose money by using the template Jim provides.
Exercise, exercise and then read some more. Good luck! Recommended, 5 solid stars. At the battlefield above tactics that are your charts, soldiers that are your bank accounts, then how to win a battle is the strategy. This book is providing you to the strategy art of war. Everything you need to know as a beginner, in a clear and concise manner. Jim tells you like it is, like a friend would with no bull. See all reviews.
Top reviews from other countries. It's hard to justify getting this as a stand alone book or a series, I did get all three as I like to devour as much info as I can on something- but really this is information that is out there for free school of pipsology comes to mind. Worth noting that you could trade this strategy and potentially make money- if you were diligently sticking to it with pre-defined risk and profit takings over long time frame charts as Jim Brown states.
Read something like Trading in the Zone first, then use this to put a strategy under your belt of which there is many. I was persuaded to take up Forex trading by a peer but I found the whole thing stressful and unsuccessful as he got me trading on short timeframes and with a massive amount of risk. This book by Jim has made me look at trading in whole different light. The stress levels can be low, you can make consistent profits and you don't have to spend hours doing it.
This book gives a really good training method that once you understand is simple to follow and produces good results. For anyone new or experienced to Forex trading who doesn't want stress and hours a day in front of a screen, this is a must buy. Bring on the next book. Thanks Jim. I have stock watched and both made and lost a bit of money on the stock market, but realised I really wanted to do some form of automated trading which led me to both Forex and the MT4 trading platform.
Once I realised where I was heading I started investigating and comparing information sources, but found a high percentage are just looking for additional sales. I bought this book on a whim but have been pleasantly surprised, the information is both realistic and informative and the best part is the author is a current dedicated trader willing to share what he knows. I cannot thank you enough Jim. Searching for an easy read for a newbie Jim's books cropped up a number of times so i took the plunge and bought this book.
For me as someone completely new to Forex this gave me a very easily understandable introduction and has aided me immensely in picking up the basics. Thank you. I bought Jim's 1st book and found so easy to follow and informative that I bought the other two. Jim explains things really well and gives you a great start in understanding the basics of the markets and how to use that information to adapt his methods to something you develop and understand yourself.
You won't become a millionaire overnight but you can start to understand how to be consistent which is the key to becoming profitable. Great content on youtube and facebook group too! More items to explore. Forex For Beginners: What you need to know to get started, and everything in between.
Anna Coulling. Don Guy. Steve Nison. Customers who viewed this item also viewed. Australian Australian English EU. Open Account Personal Institutional. Forex Video Tutorials Browse our step-by-step instructional videos and learn how to use the MT4 trading platform. Manage open trades in the MT4 terminal Display the terminal Understand the information contained within the trade tab Close an open position from within the trade tab Modify or delete a stop-loss and take profit from the trade tab Access the account history tab Generate a report on your trading to monitor your progress.
Basic functions of MT4 An overview of the short-cut keys How to open a chart Selecting different windows Opening the new order window The expert advisor tab How to change chart type How to zoom in and out on charts Using auto scroll and chart shift Selecting different chart time-frames.
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