To tell the long story short — Rob Booker's The Currency Trader's Handbook isn't a good book on trading. It is a very "general book", which can be interesting only to new Forex traders (or to desperate experienced ones), and its pages have an unbearable ratio of small talk to useful content. A comparison with Ed Ponsi's Forex Patterns & Probabilities comes to mind and the latter looks much better. But let's get to the detailed review of this Forex book...
The book is very short (only 114 pages) and there is little to read on every page. It would be a great advantage, but only if those pages contained some really helpful information. Rob lays out the following theses, among others less important, in his book:
There were others (especially in his 10 Rules of Trading), but they were mentioned only once in the book and weren't emphasized as strongly as the theses listed above. Despite an overall quite poor impression from this Handbook, there were certain advantages in it, which can be enjoyed:
But even these advantages probably won't stop you from regretting the moment you have bought the book and spent time reading it. The Currency Trader's Handbook certainly has its huge disadvantages:
There are better Forex books to spend your time and money on. And if you have already read everything else, then there will be little new or interesting in this Handbook for you. Even if you are a newbie trader — choose something else as your starting book. Reading Rob's writings can be useful only if you need some psychological comforting after unsuccessful trading periods.
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