Forex For Beginners Book Review What You Need To Know

Forex for Beginners is a book written by Adam Kritzer a professional writer and a former investment banker. The book is 296 pages long and contains 11 unique chapters. Backed by a comprehensive list of studies, this book seems to be a brilliant contribution on the connections between exchange rates and economics. In this Forex for Beginners book review; we are going to take an in-depth look at it structure, content and what you should expect after reading this book.

Structure of the book

The first two chapters of the book cover the very basics of forex trading. Chapter 1 gives a historical background of the market. In the same chapter the author compares the modern structure of forex exchange to what was there as far as 1944. This chapter also explains how the Bretton Woods Accord and how it was drafted by 44 members of the Allied Nations.

Chapter 2 is more about trading options. It talks about the Continuous Linked Settlement (CLS) Bank which trades in only 17 currencies. It also examines various currency trading pairs by comparing some of the so-called major currencies e.g. US dollar (USD), Euro (EUR), British Pound (GBP), Hong Kong Dollar (HKD), Australian Dollar (AUD), Swiss Franc (CHF), Canadian Dollar (CAD) among others.

Later chapters of the book delve deeper into the technical aspects of forex trading. Topics such as forex analysis, fundamental analysis, technical analysis and risk management have been keenly discussed.

How is the content?

The author seems to have spent a great deal of time researching. The book is extremely rich with details. Most importantly, the content is laid out in an easy-to-read pattern. Although forex education is normally full of jargon, this author seems to have steered clear of using ambiguous words.

Since this book is meant for beginners, every piece of detail is covered meticulously – using simple language and practical examples.

The best part about this book is that it does not make the false “get-rich-quick” promise. It also does not blind the reader with a promise of insanely huge returns. Rather, the author takes time to share his humble opinion, which is backed by insightful logic and solid analysis.

What should I expect after reading this book?

This book focuses on the forex market in terms that are easy to understand for a beginner. Anybody with an interest in doing some day trading can benefit from seeing the details in various charts included herein. After reading this book, you can expect to become more confident. Adam (author) is a great mentor and the information he shares in this book is designed to give you enough knowledge and zeal to trade. As you know, lack of right information is one of the most common causes of failure among investors.

A final word

Whether you are trading with expert advisors EA or not, the fact is that this book is very essential to your success. As with any other investment, you don’t want to invest in this market without gathering the right kind of information. This Forex for Beginners book review shows us just how important it is to get mentored by experts like Adam Kritzer before embarking on the journey of trading currencies.