Forex Trading: The Basics Explained in Simple Terms (Bonus System incl. videos): The Bonus System includes his personal indicators in MT4/MT5 and TradingView ... Stocks, Currency Trading, Bitcoin Book 1) Kindle Edition

Just finished this book and found it to be an excellent introduction to Forex trading. It’s easy to follow and the explanations are clear. Looking forward to the second book in the series.

Let's be honest. This is a basic, easy to read, beginner's book into the FOREX market and what it entails. It gives you the fundamentals of what a pip is for different currency pairs, how to trade, what a limit order is, what is a stop loss, risk:reward ratios, etc. which are VERY basic things you could probably learn for completely free on YouTube, doing a Google search or getting a book for free at your local library (In fact, this is what I do now since I realized this is what most of these books are going to give you.) The book does have "The Basics" in the title so it is definitely not misleading by any measure, but that's all it is; the very minimum basics. In fact, he more often than not finishes paragraphs with phrases like "but you have to figure out what works for you." or something similar.Maybe I had too high expectations for the book, but the positives are: you learn the basics in very easy to understand terms; it's like a more concise version of a "Currency trading for Dummies" type of book.The truth is, no book will help you FOREX trade because everyone does it differently. The one HUGE positive for the book is that Mr. Brown suggests you have to experiment with small lots, something I believe to be absolutely true. Avoid the demo accounts, that'll just give you a false sense of security and you will not really understand risk or money management from trading on a fake $50,000 account, unless that's the amount you will fund your account with. (That being said, if you're a beginner, I wouldn't fund an account with more than $500, just to learn the mechanics of trading. That way you get some skin in the game, but don't risk too much money you can't afford to lose.)Overall, this is a decent book for a beginners, but nothing more. Since I can't get a refund, my advice would be: save your money and go to YouTube, Google and the library (Hell, even Brown suggests you use Google! Multiple times!) to get the basics and you should probably learn more about chart reading than anything else. That's the real trick to FOREX, chart reading.I would steer clear away from this book and save my money. IMO, no book on trading or investments should cost more than $10, and at $22, this is a ridiculous price to pay for a 72 page book; that's about $0.31 per page! That is ridiculously high for a book of this caliber. Save your money and use it to fund a FOREX account instead, don't waste it on anything over $10.

Absolute basics in the book. Author talks about how easy it is to trade, then goes into absolutely superficial explanation of how some people trade. By superficial I mean him saying things like this, "some people trade the news, but I avoid them." "Some trade daily, I trade on much shorter time frame," a few pages later," I like to trade on few hours time frame." Big red flag is him using a "sales" pitch of telling you how great it would be for you to make 1k a month and "wouldn't you like to have extra cash." Why in the world the sales pitch? I can guess its to sell his other books. Later he gives you a "trading strategy and if you have any common sense then until understand it through and through you will avoid it like a plague." You absolutely must understand what you are doing thoroughly or you will not know what to adjust if and when it goes wrong!!! As far as people saying that in the long term the strategy works, well even a broken clock is right twice a day. The strategy works until it doesnt, so when it doesnt, what will you do, given that he didnt explain a single thing about it. Just get FX trading for dummies, it costs the same and has ton of information compared to this. At the end, it is your money, and if you want to trade with his system, and buy his book, well.... Personally I will never buy anything from him, a waste of money once you actually start learning, you will see how devoid of anything useful this book is.

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...finding a trading style that fits you as a person, selecting the right instruments to trade, finding good entry and exit points, managing risk, position sizing, and above all, approaching every trade with the right psychology. 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.

Estoy muy satisfecho con este libro ya que me ha ayudado a entender lo que es el mercado forex desde lo más básico. En él encontrarás lo que son los pips o puntos, horarios de la sesiones, los pares de divisas y lo que representan, tendrás un mejor entendimiento sobre lo que es el análisis fundamental y el análisis técnico así como también se menciona el importantísimo tema del manejo de riesgo. Recomiendo mucho este libro en especial a los principiantes como yo!

The media could not be loaded.  I finished reading this book in five days and I got much more insights clear picture of trading and trading psychology.

Aunque que la idea es mantener las cosas simples según el autor, creo que le falta más información y desarrollar más los temas planteados. Fácil de leer y entendible incluso para novatos.

I started trading since two and half years (Now full time) with continuous loss of my account, and i've researched most of the web sides looking for a reliable and reasonable Trading system. After knowing Jim’s three Books with his two Trading systems (High Probability & Mod-MACD), i'm now gaining much experience and profits.I highly recommended these three books starting from basics (as it explained in this book) & meanwhile practicing his strategies with demo account (-s). Try to trade with patience, courage and discipline as Jim said, and it works really especially at higher time frames H4/Daily (In MT5 @ H8/H6). You can add your own indicators to both systems. Jim provides me via Mails with very helpful tips regarding Brokers choice, Courses Training / Mentoring Forex Back testing software, etc. I still watch his YouTube videos every week and learn his concepts and Trade setups.

I bought Jim's first 2 e-books only because of the good reviews on Amazon. After a bit of MT4 backtesting the "High Probability Forex Trading Method" mentioned in the 2nd book on different time frames (M15,M30,H1,H4,D1) and on different currency pairs I was wondering how extremely poor this method actually performs. I should have googled "JagFx review" first before I bought this. Still wondering how he managed to get so many positive reviews.