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Publisher's Summary

How to Trade Forex and Currency Markets: A Beginner's Guide to Professional Forex Trading is a practical and easy-to-follow workbook for people interested in forex (foreign exchange) trading. 

Geared for newcomers to currency trading, the audiobook takes its listeners through the fundamentals of the market and provides easily understood explanations of basic principles and terminology.   

One particularly interesting feature that distinguishes Zack Zarr's book from other publications on forex trading is that it provides its readers with a novel way of gaining insight into market developments. As Zarr points out early in the book, forex trading is the playground of two basic types of traders: individuals like Zarr (and presumably his readers), and what he terms the "big players." It's a dramatically uneven playing field, pitting relatively inexperienced amateurs trading alone with their own limited funds against corporate professionals trading with the advice and copious budgets of their employers. The ability of these solitary traders to influence the directions of markets is negligible, while the big players have the money and the volume to place their collective hands on the steering wheel.   

So, Zarr concluded early in his 10-year trading career, if you can't beat them, join them - not by applying for a job with your corporate competitors, but by getting inside their heads and figuring out how they think. That way, you can not only understand their moves, you can also anticipate them.   

Unlike some of his counterparts, Zack Zarr is no snake oil salesman. He offers no wild promises of amazing profits for just following a few simple directions. Zarr does, however, establish a warm and empathetic relationship with his listeners as he provides straightforward step-by-step explanations with hundreds of examples based on his own real-life forex trading experiences.    

©2018 Zack Zarr (P)2018 Zack Zarr

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Excellent insights on reading charts

I will buy a hard copy of this book. The author's explanation of his thought process and mindset when planning and managing trades is outstanding. If you've studied and traded from charts for some time you'll be able to visualize the patterns he describes (If listening to the audio version). The power of his system is in the simplicity but you must keep emotions and ego out of the equation. Simple, but not easy.

1 of 3 people found this review helpful