To tell the long story short — I didn’t like Rob Booker’s The Currency Trader’s Handbook
. It’s a very “general book”, which can be interesting only to the new Forex traders (or too 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’s little to read on every page. It’d 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 my overall quite bad impression from this Handbook, there were certain advantages in it, which I enjoyed:
But even those advantages probably won’t stop you from regretting the moment you’ve 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. And if you’ve 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 a fast psychological comforting after the unsuccessful trading periods.
If you have any questions, comments or opinions regarding The Currency Trader’s Handbook by Rob Booker, please, feel free to reply in the comments below.
