The problem with the internet is that everyone's an expert. It's not the same as buying the best forex book, buying a tried and tested technique. If you've been visiting and adding every forex website and forum to your favourites list for the past week you'll realise that there is good advice, bad advice and sometimes there is no rightwrong. That only makes it more confusing...
It doesn't help when you have hundreds of dollars in your trading account and it is heading south. All of a sudden that demo account is starting to sound like a good idea.
In this article you'll be introduced to what many might consider the best forex book online. Not only does it teach you the theory to trade forex (so you have a proven method you can follow and not just another opinion) - it will actually talk you through a trading strategy. One that you can apply in less than 10 minutes per day. If you got more time, great!
Why is it so great?
There are generally three approaches to currency trading. You can buy (or create) a forex expert adviser and let that make the decisions for you. It will decide when it is a good time to buy, sell and carrying out the trade for you. That's great, if you trust a robot.
You can buy a forex signals software (again a type of forex expert adviser) that indicates when to buysell. It generates the signal, it's up to you to make the final decision.
Or, if you're really serious about making money with currency trading you can learn the rules of the game and become a true trader. Success always revolves around a good foundation and this book gives you a great base to build from.
The best forex book you'll find online does exactly that. The great part is that it isn't just some crappy theory you won't understand until you've read it half a dozen times. You can learn, apply and earn. Then learn some more.
What will you learn?
With tried and tested techniques the best forex book, the 10 Minute Forex Wealth Builder (by Dean Saunders) takes you through all you need to know about charts and how to trade forex with indicators. Using the best forex indicators you will learn how to quickly (and easily) apply the strategy, doing it in less than 10 minutes per day.
You will learn a forex breakout strategy. This means you are using changes in price to pick the best times to open and close you trades for maximum profit. Many other systems use indicators that are slow and behind the action (moving averages for example).
In addition to a forex breakout you will learn a swing trading strategy. This is perfect for us part-time forex traders as you will open a trade for several days, not several minuteshours. That means there is no sitting, stressing, watching, worrying and constant monitoring. You can get on with your life and spend your spare time enjoying yourself.
How the system works?
Having mastered the 10 Minute Forex Wealth Builder course you will be able to get home, check some forex charts and apply the strategy in less than 10 minutes per day. If you struggle to find the time, if you need to earn some extra money and if you'd like to build confidence, experience and get a real foothold in forex. This is the best forex book for you.