Currency Trading and Investing: How to Earn High Rates of Return Safely and Take Control of Your Investments

A Great Resource Book

As someone without any knowledge of investing whatsoever, I was curious about currency trading and wanted to learn the basics of such with an easy to read, easy to understand book. "The Complete Guide to Currency and Trading Investing (How to Earn High Rates of Return Safely and Take Control of Your Investments)" by Jamaine Burrell provided just that along with a wealth of practical information for any beginning investor.

With planning and research as a big part of investment trading, this book introduced me to the FOREX market (of which I've never heard of previously). Burrell examined U.S. and European markets, as well as including sections on many major foreign currencies such as Canada, Japan, Switzerland, and Australia, along with the minor currencies of New Zealand, South Africa, and Singapore.

"The Complete Guide to Currency and Trading Investing (How to Earn High Rates of Return Safely and Take Control of Your Investments)" by Jamaine Burrell is a great resource book; the Key to Abbreviations was very helpful as I read along but it would have been helpful to have a glossary as well.

There's More to Money than Just Paper!

For anyone that is looking to enter the world of currency trading and investing, this book is a must-read. After reading this book, I acquired a solid basic knowledge of this area of financing. Burrell starts with the history of currency and banking, and finishes with procedures that will help you to analyze the market, as well as yourself. The first chapters explain currency trading and the history of the banks and other financial giants that have an affect on the currency market. I felt the urge to skip these chapters due to dry subject matter and a lot of abbreviations, yet realized that this information would help me to understand how these financial giants affect the financial world. The remaining chapters involve terminology and the actual processes needed for analyzing the markets. Burrell also explains the present online trading and investing practices, as well as the pitfalls to avoid. The final chapters explain how currency trading can affect a person, and some things to consider before entering into this area of trading and investment. Not being financially proficient, I was impressed with Burrell¿s writing. Her way of teaching was simple enough, yet was written respectfully as far as the level of vocabulary that he used. The information that Burrell provides is useful and to the point. This book is not for casual reading it is meant to be studied. I would recommend this book for people wanting to learn the basics when contemplating entering the world of currency trading.

Avoid The Most Common Mistakes of Currency Trading

Avoid the most common mistake of not being prepared and develop a currency trading strategy. Burrell¿s book educates the reader on the tools you need to become involved in currency trading and investing while avoiding making the mistakes of an unprepared and inexperienced trader. The book has a good introduction into the world of currency and uses terminology that will help you understand the market and make you sound like a pro who grasps trading techniques. Burrell¿s book shows you how to notice entry and exit points to maximize gains and minimize losses when trading with the major currencies of the world. Knowing what influences the market and what banks have the most power is crucial information that will help you succeed in currency trading, as well as understanding the importance of spotting fraud contracts. This book explains technical analysis, the three different foreign exchange systems, and trading mechanisms while informing the reader of the advantages and disadvantages. It will help you pinpoint your plan by understanding how to interpret currency charts, their patterns, and reports. You will understand the different types of accounts and how to register and activate them. This book can be helpful if you are pondering the idea of being a currency trader, or if you are already pursuing currency trades and are searching for another strategy.

Good Read for Grasping Foreign Exchange Market Trading

The Foreign Exchange Market is where world currencies are bought and sold, serving as the largest financial trade market in the world with an estimated $1.9 trillion generated per day. While not everyone understands the ins and outs of currency trading and investing, this complete guide will explain to readers how this economic machine works and impacts their success rate with their personal investments. Serious investors know they must diversify their portfolio, but rarely consider currency trading. This book navigates the Foreign Exchange Market and futures markets, providing basic information for novice traders to help them notch up their investments and enjoy not just a financial gain, but an information gain, as well. The book starts out simply addressing currently trading, including the G8, Central Banks, the International Monetary Fund and the role of currency traders. With not enough information out there on this subject, novice traders will be encouraged to find detailed information about Central Banks, ranging from how to peg the U.S. dollar to the role of the Maastricht Treaty, the Bank of Japan and foreign currency like the Euro, the Yen, the British Pound and the Swiss Franc. Novice traders will glean valuable information about the Foreign Exchange Market and trading. They¿ll learn about click and deal trading, retail platforms, paper trading, micro accounts and the common forms of trading: spot trading, forwards trading, options trading and futures trading. It¿s important to know the lingo involved in trading and this book shares the terms and definitions of common speak used in this field, as well as the mechanics of the Foreign Exchange Market. The appendix of this book provides pertinent and valuable information for those readers wanting to learn even more about this subject, such as Web sites and charts.

A highly readable text on a complex subject.

The Complete Guide to Currency Trading & Investing discusses currency tradingas well as introduces the reader to currency trading products and markets. This trading guide flows seamlessly from one topic to the next. The manual on trading starts out by describing the major currency markets and electronic trading strategies. Jamaine Burrell gives an excellent description of currency trading fees. The author explains that fundamental analysis and technical trading indicators influence the currency market. A prospective customer can check the firm's regulatory record with the National Futures Association for trades based in the United States or with foreign regulatory agencies if the trader is based outside the United States. Each currency trade is based on a pair of currencies that will be traded. The first currency is the currency bought (the bid/buy price) and the second is the currency sold or the ask price). Currency trading is a thinly-regulated, twenty-four hour international securities market. Forex is a very large foreign exchange electronic market. The National Futures Administration overseas the future markets. The role as well as the history of the Commodity Futures Trading Commission and the Fed is described. Foreign regulators are listed and described as well as the types of currency trades that are prevalent in overseas currency markets The guide describes forex trading platforms and foreign exchange market conditions. The guide explains how political and economic indicators shape currency markets. The types of trades are defined and described. There are spreads, forwards, options, foreign exchange and swaps. Jamaine Burrell warns the novice currency trader against trading forwards, futures since they are not as closely regulated. These types of currency trades are most frequently associated with fraud.

The Scoop on Currency Trading

I opened this book with no idea what to expect as I was not familiar with the idea of currency trading. But in the first chapter I was provided with a detailed description of what currency trading is ¿ trading of world currencies on the Foreign Exchange Market (Forex), the largest financial trade market in the world. Following a brief introduction to various international currencies, I was educated as to the major financial entities that influence the market greatly, including some that were familiar to me such as the Securities and Exchange Commission (SEC). In detail, the book educates readers on how the viability of the U.S. Dollar comes into play in more than 90% of all currency trading. With a true global look at the many ways currency can be traded and how one can put into place many trading avenues, its understandable how one can make a living as a currency trader. The book examines various types of trades on the Forex as well as brokers, dealers and accounts. This would be a great reference tool for anyone with some sort of a financial background, but a little difficult to follow if you have never been exposed to the financial arena.

A Great Tool for Any Trader

Jamaine Burrell¿s 'The Complete Guide to Currency Trading and Investing' is an excellent reference manual which offers a well-rounded background to foreign currency markets. There are extensive descriptions of each major central bank and their relationships with one another and the global economy as it pertains to currency trading. Someone unfamiliar with trading foreign currencies and the unique language associated with it should have a firm grasp of the fundamentals once reading through this book. As a seasoned stock and options trader, it was refreshing to get a different view of trading from the Forex side of things. The fundamental analysis was very complete and covered many economic indicators for all the major countries. There could have been more detail in the technical analysis portion and it would have been nice to see examples of charts for easier understanding. However, the information provided in the appendices completes the book nicely and makes this book a great tool to keep in any trader¿s collection.

A Great Introduction to the FOREX Market

I have heard about currency trading and investing but was not well-versed in this market. Who knew that the Euro may someday replace the United States dollar as the 'currency kept in reserve by the world'? I certainly did not. Of course, you see, most of what Jamaine Burrell talks about in his book, 'The Complete Guide to Currency Trading and Investing,' is stuff many of us do not know about until after years of experience in the market of Foreign Exchange (or Forex). This book is especially good for novice investors, who need to have complicated investing concepts explained. The great thing about Burrell's tone is that he is not condescending, or 'dumbs down' the material. He clearly covers most every complexity about Forex and does so with a professionally instructive voice. I was particularly interested in this book, especially as our nation is facing a weakening dollar, because I hear so much nowadays about the foreign markets and how many are investing in and trading currency. Apparently, the Forex market really is an accessible investment that can pay the investor quite well if he or she knows how to get involved in the Forex market and understands how it works. That is why I felt Burrell's book was so helpful for me. It explains how the Forex market works, why the United States is such an important player in the world market, how to get involved, and does a great job illustrating the many indexes, factors, and issues that contribute to currency-value fluctuation and the overall global economy. For anybody who fears getting lost in a book about a complex investment market like Forex never fear. Though Burrell quickly dives into terminology, acronyms, and details at length some topics, he clearly was aiming the book toward novice folks like myself and does a good job at clarifying complicated matters and never introduces an acronym (like GDP) without telling the reader what the full term is (Gross Domestic Product) and how it relates to the topic at hand ('The GDP is the yearly total value of all goods and services produced,' as he explains on page 157). That is yet another great thing about this book---Burrell's tone is not condescending, nor does he 'dumb down' the material. He clearly covers most every complexity about Forex and does so with a professionally instructive voice. If you are looking for a book that introduces and explains some of the basics (and details) about foreign currency trading, I feel 'The Complete Guide to Currency Trading and Investing' makes for an ideal guide indeed.

A Complete Guide

The author has managed to take a very complex subject and break it down into easy to read chapters. The book is packed with technical material, but it all has been laid out in a way that a novice can follow. The only thing hard about the book is keeping all the Country abbreviations straight. The book does and excellent job of explaining how the currency markets work. It has fascinating background on how the markets where formed and when. This book is not a casual read it is for someone who wants to come away with a clear picture of how currency trading works. A nice amount of case studies are included and there is a very nice appendix.

Create Your Investment Strategy

THE COMPLETE GUIDE TO CURRENCY TRADING AND INVESTING How to Earn High Rates of Return Safely and Take Control of Your Investments By Jamaine Burrell This book provides a detailed overview of the whole complex system of currency trading and investing, with chapters explaining just what currency trading is (the pitting of one country¿s currency against another country¿s by foreseeing its rise and fall), the central banking systems of the world, The FOREX market, the language of FOREX (the currency market jargon), the techniques of fundamental and technical analysis and the mechanics of it all. If you have the kind of mind that loves challenges, and are willing to expend the time and energy it takes to succeed, you will emerge from this study with the ability to develop your own trading strategy to enter the fascinating and potentially profitable field of currency trading. With fast Internet access and a quick brain, anyone can trade in the FOREX (Foreign Exchange Market, a global network of currency dealers), but it¿s not for everyone, the author cautions. She warns that ¿the risk of this type of investment is high¿ and it should really be reserved for investors who are able to absorb any losses, which can multiply rapidly. It¿s not for those with modest incomes and savings. That said, brokers will take your account for as little as $1,000 and some will sometimes accept a mini account with as little as $100 deposit, which may be a good way to test the waters and see if such trading is for you. You will learn how to pick a ¿good¿ broker and avoid a ¿bad¿ one. A case study in successful currency trading is included. Whether you eventually decide to become a currency trader or not, after reading this book, you will have gained a better understanding of how the world¿s complex economy works and what¿s behind it all. You will understand the potential cause and consequences when the Fed comes out and announces, ¿The interest rate is being raised (or lowered) another quarter percent.¿ A currency¿s value is not tied to the stock market, but its balance of trade does help predict its value. For example, Canada used to be such a ¿bargain¿ for Americans but now, the Canadians, thanks to the current currency exchange rate, are finding our country full of ¿bargains¿ instead.

M.oney Trading

Well Jamaine has done it again. She has written another book about m.oney. This time we are going to learn about currency trading and investing. Now the US dollar is the cornerstone of the worlds economy. What we learn from Jamaine¿s book is that the Euro is now used by 300million people. It is fast becoming a rival. There is a nice little write up about the G8. Now did you know about the power wheeled by the central bank? When they lower interest rates this makes it easier to borrow m.oney. In turn this stimulates economic growth and consumption. I¿ve learnt that Japan has the world¿s second largest economy. Switzerland the 4th largest holder of gold. The Forex market operates 24hrs a day around the world. The reason for this is there has been an increase in global trade and foreign investment. Forex is a global network of currency dealers. The Language of Forex, which is found in chapter 4, gives a run down on different terms. Such as: Base currency, Ticks, Quote currency, Cross currency pairs, Pips, Market order, Limit order, and a Stop order. She shows how your m.oney can be doubled. Jamaine tells what to look out for and what not to do. There are traps and pitfalls so be careful. Technical analysis is the most used method of making decisions. And always remember, only invest what you can afford to lose.

A reviewer

¿From basic traders¿ lingo to more complex currency market trend analysis, this book gives the reader sound advice on how to navigate any trading weather.¿ In today¿s fast paced economy, the rules of currency trading are perpetually changing and what was gained one moment might be lost the next. However, those that are dedicated enough to hold fast and ride the trading tides have been thrown a lifeline when Jamaine Burrell published the Complete Guide to Currency Trading and Investing. Written with the aire of a business tutorial, readers will learn the basics of the FOREX market and currency trading along with more advanced trading techniques such as hub and spoke, click and deal, and quote trading. Within this guide are chapters dedicated to the ins and outs of trading, currency research, risk reduction and planning, interpreting and analyzing data trends, online trading and insider veteran secrets. Unfortunately for the reader, a glossary is not included but the loss is manageable with the given index. Burrell has effectively tackled a complicated subject and made the difficult world of currency trading accessible to everyone. This is a very good single source guide for anyone with an interest in getting ahead in the currency trading market.

A reviewer

Both FOREX and investing are very deep subjects. I anticipated that upon reviewing this book, I would be greeted by a stuffy, overblown financial dictionary full of terminology that I couldn't understand. I was wrong. This book takes a very deep and complex subject and breaks it down in to easy to digest chunks that makes FOREX and investing very easy to understand. An easy read, I could not put it down. So why not 5 out of 5 stars? Why the 1/2 star deduction? Just a little too much filler. For example, there are pages that are taken up by graphs instead of content. Because the author, Jamaine Burrell, wrote this book so well...I would have liked to have seen more content, and less graphic presentation. Enjoy this book. I did.

A reviewer

Well-written and easy to understand, this book offers an excellent introduction to anyone looking to enter the complicated world of currency trading. To someone like me who had only a passing knowledge of the world of international finance, this book provides a strong base of knowledge and levels the playing field for a newcomer with a passion to learn. The chapter devoted to the Forex Market was especially useful to me and is a must read for anyone even just interested in learning more about currency trading and investing. Like so many specialized fields, currency trading has its own language, language that can be daunting to a newcomer to the field. Burrell does a stellar job of weaving explanations of important terms seamlessly throughout the text. After reading this book, I feel much more confident getting involved in discussion about currency trading and in following the market news. I also feel Burrell made clear the possible perils of currency trading and investing, never seeking to glamorize this volatile market. Burrell's obvious knowledge on the subject combined with strong writing skills made this book enjoyable to read and easy to understand. Whether you're a former English major who never took a class on finance, or a former Finance major just trying to reconnect with the industry, this book is a must-have for the reference shelf of anyone interested in currency trading and investing.

Great Tips for FOREX Market Investing

If you are at all interested in the FOREX market, you will find a lot of useful information and tips within this book. With a foreword from the president of Excel Futures, Jamaine Burrell explains the ins and outs of the currency market in an organized and detailed manner. Readers will learn the importance of a diverse portfolio, patterns in the market and risks to be aware of when investing in the currency market. You will learn the difference between an interbank market and a retail market, as well as what to watch for in terms of fraudelent brokers who make fasle claims, thrusting you directly into the exhilarating storm of the FOREX market. This book is truly dedicated to bringing about 'the highest returns with the least amount of risk.' Although more than 90 percent of all currency trades involve the U.S. dollar, Burrell gives a brief overview of currency alliances and how each national bank works. I found it humorous to note that the Japanese currency market becomes liquid during the lunch hour because when the experienced traders take their lunch break, junior traders take over for that precious hour of time. However, the FOREX market is still going strong, as it is estimated to generate a volume of over $1.9 trillion per day. For such a complex subject, Burrell simplifies currency trading concepts and success tactics so that readers can understand and prepare for involvement in a seemingly intimidating market. He breaks down key concepts into a manageable set of goals and outlines what needs to be done to boost confidence and make sound investments in such a vast and fragile market, and ultimately paves the way for success.

Currency trading--complicated subject, clear explanation

The Complete Guide to Currency Trading and Investing is a comprehensive explanation of a difficult subject--trading world currency on the Foreign Exchange Market (FOREX). More than 90 percent of all currency trading involves the U.S. dollar, but other major currencies include Euros, yen, pounds, francs, Canadian dollars, and Australian dollars. The book describes the central banks which can influence the trading market, such as the Federal Reserve, the Bank of England, the European Central Bank, and others. Their major role is to manage interest rates in an effort to control inflation. The book describes the FOREX market, a group of banks which trade either electronically or by telephone. It discusses the expansion of this market because of an increase in global trade and the fluctuation of the U.S. dollar against other currencies. Many unfamiliar terms are associated with the currency market¿tranche, peg, free float, dirty float¿and the author includes clear definitions. She also describes different types of trading, such as hub and spoke trading, click and deal, and quote trading, as well as types of brokers and how to choose the right one for you. A section of the book is devoted to interpreting and analyzing trends and data with strategies to minimize risk. The book contains extensive appendices, an index, and a reference section, which unfortunately lacks publishing data. This book covers a large amount of material in a clear, concise manner. This is a complicated subject that is hard to explain in one book, but Burrell does an excellent job.

How to Trade Currency Explained for Everyone

With a lot of Americans being more and more in debt, people are always looking for a way to make money easily and risk free. The Complete Guide to Currency Trading and Investing was written to help people understand what exactly currency trading is, how to reduce the risks that are involved with any type of investment, and what exactly you need to know before you start trading money. No type of investments is risk-free, but if you want to avoid some of these risks, this is the book to read, because it has everything you need to get started. Burrell introduces readers to currency trading. First, she gives important information about the major central banks around the world, and how some of the fluctuations in prices of certain goods can affect the price of those currencies. Burrell also manages to tell about the ins and outs of FOREX, which is crucial for trading currencies. I found that the most important parts of this book were learning how to make a plan, how to do research on what currencies to buy and sell, and what information you need to reduce your risks. By the time I finished the end of this book, I was thinking like someone who had experience in trading money, able to understand the lingo that is used in the industry, knew how to open an account to trade money and had a bit of confidence in the subject. One of the downsides of this book is that there isn¿t a glossary, so if you need to refresh your memory on the meaning of one of these many terms, you have to rely on the index to go back and read up on it. Overall, I would recommend this book to anyone who wants to diversify their portfolio, and has the time to actually do the research that's involved in doing their own currency trades. The book is well written, easy to read, and full of information that is practical and difficult to find in any other single source. So, do I think that I will start investing in and trading currencies? Probably not, but I can see that this book can help others who are interested in learning more about the subject.

No text was provided for this review.

No text was provided for this review.

No text was provided for this review.