Reviews (27)

A must for all traders!
Not knowing much about trading I bought the book. It equiped me with the basics like trading times all over the world, brief history of Foreign Exchange and so musch more. After studing the book, I was confident and ready to trade. There are many online clsses on FX trading, but the amazing thing about this book is how one can relate to it. No matter what your idea or statergy you follow, the answers are in this book.
Good when taken into context
I have had the pleasure of seeing Kathy Lien speak twice at Forex seminars.She is very intelligent and has a wonderful personality.You will find some interesting and informative content in this book that can be useful in your educational path in Forex. But it is important to keep in mind that the book is written not by a trading entrepreneur but by a representative of one of the largest Forex brokers.To become a successful trader it is essential to recognize the vast difference in agenda between winning traders and brokers.The entire industry is driven by brokers and almost all material available on learning to trade is tied directly or indirectly to the broker industry whose agenda is to teach trading strategies that make the most money for THEM. Because the industry is unregulated, brokers are able to get away with many less than ethical practices. For instance, it is ironic that another reader mentions how Kathy covers the subject of the "carry trade" in detail.The last time I spoke with FXCM I discovered to my shock that they had adopted the policy of charging a negative interest regardless of which direction one was trading which I believe should be criminal. But there is no regulating agency to prevent them from doing that. Neither the CFTC nor the NFA actually regulate the activity of Forex brokers. Some other brokers, refuse to publish their interest rates or display them in their trading platforms so they can change them behind the scenes every day according to what benefits them the most.You may notice that others have a negative interest that is twice as much as their positive interest. All of this is part of the overall objective to keep the majority of traders focused on day trading which makes the most money for brokers. Studying trading material published by brokers is like asking a casino owner how to gamble.Most of the trading "mentors" are also introducing brokers who make money when you trade. A word to the wise, is that if you intend to succeed in Forex trading consider looking to sources of information that are not tied to any broker such as other traders who have learned to master this arcane art.

Chiquito pero picoso
I was looking for a good forex book, and i got it,
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Subjects:  1. Business & Economics    2. Business / Economics / Finance    3. Business/Economics    4. Finance    5. Foreign Exchange    6. Foreign exchange futures    7. Foreign exchange market    8. Money & Monetary Policy    9. Speculation    10. Business & Economics / Finance    11. Monetary economics   

Reviews (12)

Practical Guide to Making Money in Forex
I had been looking for a book with currency-specific technical analysis techniques that I could recommend to the many people who are looking for such information. There was a book by Cornelius Luca with a similar title that went out of print. Now used copies are selling for as much as $1700. This one is far better and more useful.
Great...with minor flaws
If you are already familiar with TA, then the strength of this book lay not in the standard discussion of patterns and indicators/oscillators. Instead, the main strength is to be found in the well-described trading setups that the author covers...setups that I have found to be quite profitable (when combined with proper risk-management, of course)
Read First - for beginners
This book covers the basics of FX market first, then going through each standard TA tools one by one, as on how they apply to FX.If you have read books on TA already, you may find it really basic, even it keeps using FX trades as examples.
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Subjects:  1. Business & Economics    2. Business / Economics / Finance    3. Business/Economics    4. Finance    5. Foreign Exchange    6. Foreign exchange futures    7. Foreign exchange market    8. Investments & Securities - General    9. Speculation    10. Business & Economics / Finance    11. Investment & securities    12. Monetary economics   

Reviews (52)

Excelente método para poner en práctica.
Excelente libro, la verdad no entiendo a la gente que hace críticas tan duras. Este es un libro que simplemente expone el método de un trader bastante exito. En realidad yo he probado el método, y como cualquier otro método no es infalible, pero realmente funciona bastante bien. Lo que realmente sucede es que para uno ser un trader exitoso necesita tener visión para ver las oportunidades en un chart. Los libros son solo herramientas. Es uno quien hace negocios.
Read between the lines.
It seems that a lot of people expect that books meant to be an introduction to forex trading should reveal precise secrets on how they can immediately become wealthy.Raghee is apparently quite successful as a Forex Trading Mentor. Although I have no personal experience with her training programs I was interested to learn what she has to say about the Forex market and did not expect that she would attempt to reveal everything she knows in a book.First of all, it would not be possible because learning to trade Forex requires ongoing mentoring and interaction with mentors over a period of months to years.Second of all, those who are interested in learning more will consider actual mentoring programs and/or getting to know people who are already successful in the business of trading.Therefore I would give Raghee the credit she is due for writing this book as an introduction to help people decide if further training is right for them.

Terrible support.
Book read fine, but a simple question regarding whether her software plugin was a 1 time or monthly fee has gone unanswered 6 times via her contact information listed onher website mentioned in the book. Makes me wonder how sincere she is. ... Read more

Subjects:  1. Business & Economics    2. Business / Economics / Finance    3. Business/Economics    4. Foreign Exchange    5. Foreign exchange market    6. Investments & Securities - General    7. Securities    8. Speculation    9. Business & Economics / Investments & Securities    10. Monetary economics   

Reviews (2)

Most Appropriate for Basel II
If you are Banker/Banking Consultant then this book is the closest you will get to understanding Credit Risk from a Basel II perspective. Its clear & lucid style helped me understand the gamut of techniques used in Credit Risk Measurement. Unfortunately the Book does not get into the details of bulinding models so if your looking for a model building cookbook, look elsewhere.

a complete, robust and comprehensive valuable resource!
In Measuring and Managing Credit Risk, the authors provided a robust, complete and comprehensive treatment of several aspects of modern credit risk measurement and management. Written by two high talented practitioners, this book will become certainly a reference both for academics and practitioners thanks to its careful treatment of several not so known empirical issues which practitioners have to face everyday. At the same time, do not consider the book as a new recipes book for managing credit risk. Both authors already proved their deep knowledges of financial theory and establish once again, through this book, how advanced knowledges of theory combined with significant practical experience make leading researches. As a PhD candidate in Finance, actually writing on credit risk, I definitively adopted this book and higly recommend it for anyone dealing with credit risk issues either through a practical experience or through a theoritical work. ... Read more

Subjects:  1. Accounting - General    2. Applied    3. Banks & Banking    4. Business & Economics    5. Business / Economics / Finance    6. Business/Economics    7. Credit    8. Credit ratings    9. Finance    10. Management    11. Mathematical Models    12. Money & Monetary Policy    13. Risk management    14. Business & Economics / Corporate Finance    15. Credit & credit institutions   

Reviews (66)

Good for starting a software business
It is because I am an entrepreneur and a capitalist that I got into Forex trading. Therefore I must admire and respect those who achieve monumental success such as James Dicks. And I actually enjoy reading a book or e-book that is a good sales letter for another product. People who resent such things would do well to go through T.Harv Eker's Millionaire Mind training and other such wealth consciousness training. However, I think most people in the Forex world now realize that Forex Made Easy is a software that produces green arrows for a buy signal and red arrows for a sell signal.The programming behind the software, I am told, is based on a simple signal that is taught in at least a similar form in many introductory trading courses. Following the signal requires users to remain ignorant of all the other factors that could eliminate most of the losses. Many people who started out with Forex Made Easy have told me that they did not start learning to trade until they went on to other sources of training. I believe that Forex Made Easy may not have ever had their customer's best interest nor their success as a motivating factor when creating the company. They have made a huge amount of money with late night TV commercials and high pressure "free introductory seminars".
Good Book
I have never written a review before and might not have this time but I felt that I just had to make a statement.I hope that any person with even the slightest understanding of human nature can read between the lines of each of these reveiws.
Fact from Fiction
First let me preface my biased opinion that follows
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Subjects:  1. Business & Economics    2. Business / Economics / Finance    3. Business/Economics    4. Foreign Exchange    5. Foreign exchange market    6. Investments & Securities - General    7. Business & Economics / Investments & Securities    8. Monetary economics   

Reviews (4)

Good but.....
I have started studying trading about three years ago and Forex specifically for about a year. I find Raghee to be honest and her methods to be simple and I can see how they would work if followed. I myself use Fibonacci levels and MACD and find that they work after a fashion like everything else in trading.
Great Teacher
I read thefirst book and of course the second book and now I am a much more confident trader.
This book answers questions!
I have read over 20 books on trading which have all left me saying what?This is the fist book I have read that I can see myself following what is in the book.I am just about done this 30 day exercise and it is working out great!I really love all the charts and how the book follows a day by day trading system. ... Read more

Subjects:  1. Business & Economics    2. Business / Economics / Finance    3. Business/Economics    4. Finance    5. Foreign exchange futures    6. Foreign exchange market    7. Investments & Securities - General    8. Speculation    9. Business & Economics / Finance    10. Monetary economics   

Reviews (5)

One of the best books about Monetary Theory and Policy.
One of the best books about Monetary Theory and Policy.

Superb book, detailed and thorough
This great book helped me to get a better understanding of modern monetary theory, and so I thought I'd make a few comments on that, perhaps couched in easier to understand language and more mundane examples than in this much more sophisticated and technical book.
Great Book
This book deals with most of the modern monetary theory issues. Eventhough it clearly says it is written for graduate students, undergraduate ones with good algebra and calculus levels could accomplish the basic acknowledgement of the book. The second edition has been improved a lot as I see it. Bonds have been added to the agent's budget constraint. This is very helpful for the interpretation of the first order conditions. Chapter 4, mainly the first part was rewritten in a most comprehensible way. There are a few things to highlight about the dark sides: In chapter 3, Professor Walsh did not include bonds in the budget constraint which would have been really useful. Besides there are a few mistakes in the appendix regarding the expected values. Chapter 7, "Macroeconomic Implications" is not very clear which assumptions have been made to approximate around the steady state. Despite there are still a few little mistakes, the book is excellent, I guessthe best in Monetary Theory and Policy. Totally recommendable!!! ... Read more

Subjects:  1. Business & Economics    2. Business / Economics / Finance    3. Business/Economics    4. Economics - General    5. Finance    6. Medical    7. Monetary Policy    8. Monetary Theory    9. Money    10. Money & Monetary Policy    11. Business & Economics / Economics / General    12. Monetary economics   

Reviews (4)

Awful Fraud
This book and the author are ridiculous. It's almost a fraud that Mr. Bilardillo wrote a book on corporate credit analysis - he never followed industrial companies as an analyst at Standard & Poor's. He did however, have customers such as Enron and Worldcom that he was glad to take money from. The material itself is pretty useless - but what can you expect from a marketing person who attempts to comment on credit theory?

damaged
unfortunately was the cover of my new book a bit damaged. I really did not like this because I especially ordered a hard cover.

A Definitive Book On Setting Corporate Analysis Policy
I had the pleasure of working with one of the authors 15 years ago. But don't let that sway you. I truly appreciate the scope and effort put into this book. We will use it as an outline for how our analysts should approach analyzing a credit. Chapter 3 alone is worth the price of admission as the authors list the elusive "qualitative" factors that go into a credit rating, beyond what the ratios tell you it should be. While the book barely scratches the surface of certain analytical methods (the Merton Model got 1/2 a page), and it is written more for the layman or student, I still learned many things. And I've been in the business 20+ years. The prior reviewer, and many others will say they wished they wrote this book. I will too. I even briefly started my own version recently. But I first turned to S&P's ratings criteria as an outline. As such, the right people wrote this book. The authors fully used the vast resources and data mining of S&P. This certainly feels like a team effort. The telecom analyst wrote a piece on the rapid decline of telecom credits in 2000-2002, and other professionals added real life examples. The book organizes itself in the top down approach to analysis. It starts with sovereign risk, then moves to industry, then company business/competitive risk. It then highlights the ratios to look for, and also gives data on seniority and recovery values for specific levels of debt. It then uses these tools to analyze a fictional company. It ends with case studies that cover M&A, sovereign risk and other topical reviews that act as a real life summary to what you just learned. Highly recommended. Well done. ... Read more

Subjects:  1. Bankruptcy    2. Business & Economics    3. Business / Economics / Finance    4. Business/Economics    5. Corporate Finance    6. Corporate debt    7. Corporations    8. Credit    9. Credit analysis    10. Finance    11. Money & Monetary Policy    12. Business & Economics / Corporate Finance    13. Credit & credit institutions   

Reviews (23)

Informative Guide for "Getting Started"
If I were planning to become a brain surgeon and found a book on that subject I would not expect that book to explain how to start doing brain surgery on my own the next day. Fortunately currency trading does not take nearly as long to master as brain surgery.This is one of the few books that will provide a good background for people interested in getting started in the business of currency trading. Once you have some background from an excellent book such as this one, you will then want to follow Michael Archer's advice and begin the path of education and training that is required for success.

Good primer on the forex market
I purchased this book because I wanted a primer on the forex market and trading concepts used in that market.This book provides an overview of the forex market, which includes a brief history, the mechanics of trading, and an overview of fundamental and techinical analysis.While this book does not delve deeply into forex, it does serve as an excellent primer and thus lives up to its title of "Getting Started."

The Best Bang for the Buck
This book is perhaps the best introduction for the novice currency trader.Each chapter in the book is short, very straightforward, easily digestible, and full of information.I also like the cautionary attitude the writers of the book have: they warn you about leverage, [...], and illusions of making easy money.
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Subjects:  1. Business & Economics    2. Business / Economics / Finance    3. Business/Economics    4. Finance    5. Foreign Exchange    6. Foreign exchange futures    7. Foreign exchange market    8. Investment Finance    9. Investments & Securities - General    10. Business & Economics / Personal Finance / General    11. Monetary economics   

Reviews (6)

Excellent intermediate book
The book is a look at credit risk through the glasses of mathematics, and is not a beginner's book. It is a bit dry in the beginning, yet after that I discovered lots of valuable intuitive explanations. While it does require a certain level of probability knowledge, the author walks you through most necessary steps for the presented models. The book covers almost everything needed for an intermediate course on credit modelling. The lack of numerical implementation menthods took the last star.

Amongst the best of a bad lot
The state of theory is in such tremendous flux at present with a majority of research unpublished and a growing consensus that the state of the art is entirely inadequate. No book could possibly please industry researchers at this point, but Philipp contributes some ideas and clarification here and there and some leads which are valuable. He is perhaps a little dismissive and pessimistic when the theory wanders into hard mathematical problems, and to to a large extent his book ends where the fun stuff begins. Nontheless I would recommend, especially to those entering the field.

Academic's Imperfect Idea of the Market
This book on credit derivatives models is written by an academic without a feel for how the market trades in practice.Schonbucher presents the mathematical equations without expanding on the meaning of the models or their application.Read more

Subjects:  1. Accounting - General    2. Applied    3. Business & Economics    4. Business / Economics / Finance    5. Business/Economics    6. Credit    7. Credit derivatives    8. Economics - General    9. Finance    10. Investments & Securities - General    11. Money & Monetary Policy    12. Prices    13. Securities    14. Banking    15. Business & Economics / Finance    16. Investment & securities   

Subjects:  1. Banks & Banking    2. Banks and banking    3. Business & Economics    4. Business / Economics / Finance    5. Business/Economics    6. Finance    7. Financial institutions    8. Financial services industry    9. Money    10. Money & Monetary Policy    11. Banking    12. Business & Economics / Money & Monetary Policy   

Subjects:  1. Finance    2. Monetary economics   

Reviews (2)

Macroeconomics As Seen From The Fed
This is an excellent undergraduate text on financial institutions and monetary economics.The exposition is rigorous yet avoids abstruse math.The best part is the section on monetary economics, where the author dispenses with IS/LM analysis and instead directly analyzes aggregate supply and demand.He writes from the perspective of a central banker (which he was), showing how central banks use interest rates to influence inflation and output.The writing is quite clear, and the numerous sidebars on historical and contemporary issues are excellent.Although some subjects (such as exchange rates) could have been developed in greater depth,this is a great textbook overall.
Well written and with clarity

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Subjects:  1. Banks & Banking    2. Banks and banking    3. Business & Economics    4. Business / Economics / Finance    5. Business/Economics    6. Capital market    7. Finance    8. Money    9. Money & Monetary Policy    10. Business & Economics / Money & Monetary Policy    11. Investment & securities   

Reviews (3)

Groundbreaking book
Mulford and Comiskey have delivered a tour de force for the financial and accounting community in this book. Whether you are a financial analyst, corporate accountant, auditor or an executive with a small or large firm, you absolutely will benefit from this book. It is one of the most important books of the last 20 years, and in my opinion, it is the finest book ever written on the concepts and methods of deciphering Operating Cash Flow, it's relationship to earnings, calibrating and measuring free cash flow, as well as the mechanics and drivers (and sometimes deliberate manipulation by unscrupulous management) within the business system that can lead to distortions in the Cash Flow statement.
Simply the best book on the subject.
Messers Mulford and Comiskey have released a primer on what has lately become a messy subject. Unlike other books with a focus on cash--Hackel's book, for example--this one delves a little bit deeper into the subject of financial misreporting.The reader is given a synopsis of how companies say that their cash is operating, whereas it ought to be put under financing or investing cash flow. There is a multitude of similarly constructed arguments. The examples are lucid, apropos, and contemporary. The book also has a deterministic model for calculating CFFO. Read it.

Mulford's methodology shows why Cash is King
Over several years of using and preparing the GAAP-based cash flow statement in analysis, I have found it isn't that useful in enabling me to drill down to understand where a company's real operating cash flow comes from.Mulford's methodology does an excellent job focusing on interim period cash flow information to enable the reader to better spot positive and negative trends in an operating company's performance.I found Creative Cash Flow Reporting to be a most useful treatise on what's wrong with the cash flow statement and how to work around its problems.The section on analysis, the cash flow drivers, and the growth cash-flow profile were particularly helpful. ... Read more

Subjects:  1. Accounting    2. Accounting (General)    3. Accounting - Financial    4. Accounting - General    5. Business & Economics    6. Business / Economics / Finance    7. Business/Economics    8. Cash flow    9. Corporate Finance    10. Monetary Theory    11. Money & Monetary Policy    12. Budgeting & financial management    13. Business & Economics / Accounting / General   

Reviews (30)

Recommendation from a Credit Derivatives Trader
This is my fourth purchase; this one is for a new analyst I hired.I have read Janet Tavakoli's book as well as all of the current literature on credit derivatives.This book is one of the best books on derivatives I have read in terms of style of writing and content (I'm not after the mathematics on finance; there are plenty of those).I am a current successful credit derivatives trader.

Good collection
I am a Fin Math student and by now a Google search expert. I do have this book from my library and it requires patience .
Derivatives Sales view:
POSITIVE POINTS: Best indepth book on Credit Derivatives. Very readable. Explains very nicely why this derivatives are so important for banks. Non technical.Read more

Subjects:  1. Accounting - General    2. Business & Economics    3. Business / Economics / Finance    4. Business/Economics    5. Credit    6. Credit derivatives    7. Default (Finance)    8. Derivative securities    9. Finance    10. Investments & Securities - General    11. Money & Monetary Policy    12. Risk management    13. Securities    14. Business & Economics / Finance    15. Credit & credit institutions    16. Investment & securities   

Reviews (16)

An Evil Of MONSTROUS Proportions!

A true-life conspiracy story
Griffin say that the Federal Reserve System is a giant conspiracy created to inflate the money supply in order to make the bankers rich, keep the politicans supplied with enough cash to get reelected, lower the American standard of living, and buy off foreign dicators.Then when everything gets real bad, the internationalists at the top will step in and "fix things" by imposing a world-wide socialist regime.The most disturbing thing is that it all seems true.Marx had it wrong--inflation, not private property, is theft.

A MUST READ
If you care about the safety of your family and finances, you must read and share this book.See how far the black hole goes.This book offers truth.Also read books by Murray N. Rothbard, "A case against the fed" and "what has the gov't done to your money".Once you begin reading, you cannot put them down. ... Read more

Subjects:  1. Banks & Banking    2. Banks and banking    3. Board of Governors of the Fede    4. Business & Economics    5. Business/Economics    6. Capitalists and financiers    7. History    8. Monetary policy    9. Money & Monetary Policy    10. United States   

Reviews (27)

Notionistic
The book contains a lot of undigested info on trading in currency markets, failing to explain much of the things it illustrates.

Those who rate above 3 probably did not read through
The structure is good, topics are comprehensive, style is concise.
Tradeoff in practicality for information
This book turned out to be quite different from what I was expecting.By the cover, I thought it would be about finding a brokerage account, and then getting set up to trade away.To my surprise it was more of an educational textbook than a "do it yourself" guide for individual investors.
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Subjects:  1. Business & Economics    2. Business / Economics / Finance    3. Business/Economics    4. Exports & Imports    5. Foreign Exchange    6. Foreign exchange market    7. International - Economics    8. International - General    9. Investment analysis    10. Money & Monetary Policy    11. Business & Economics / International    12. Finance    13. Monetary economics