Do not believe the “4″ or “5″ Star Hype, July 22, 2007

By MTI Insider –

This review is from: The 10 Essentials of Forex Trading: The Rules for Turning Trading Patterns Into Profit (Hardcover)

As a former insider at MTI, I can attest to the previous “1″ star ratings and support the same with facts. This author’s primary business is in education; however, this author doesn’t even understand the product of sums. This book is nothing more than an extended table of contents coupled with an exorbitant number of references to his business. The decision to buy this text should be one of prudence. Please review the book physically before buying. The author is preying on the “ignorant” public that is eager to trade. I would not put is past this author to instruct his own employees/colleagues/friends to write positive reviews (FxAngel, R. Enright). A few good text recommendations are from CTrader’s review that I agree with: “If you want to know about technical analysis for forex or stocks -which is the same- you can check Jon Murphy, Schwager, or J. Magee…. books If you are looking for psychology of trading go for Mark Douglas or others.”

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Do not pay for his promotion, May 2, 2007

By Ctrader –

This review is from: The 10 Essentials of Forex Trading: The Rules for Turning Trading Patterns Into Profit (Hardcover)

It has nothing new about Forex trading or even trading in general, it has some technical analysis (you can find it in any TA book). Misleading the newbies by showing some good looking trades using the Moving averages and “his ” Oscillator (I am not sure what is so special about it), giving false impression that this what you will get if you follow him (going to his institution). The 5 star reviews do not give a good reason to buy the book only saying you must buy it (may be they forget to say WHY to buy it). So they have no merits, except what they are saying repeatedly that the author is an expert, who mentored thousands of traders. He also is saying that about himself (more than once) in the book. If you want to know about technical analysis for forex or stocks -which is the same- you can check Jon Murphy, Schwager, or J. Magee…. books If you are looking for psychology of trading go for Mark Douglas or others. The 200 pages of shallow information could be obtained – for free – from the Internet or any basic trading book. Save your money. Check the book first before you buy it. Do not believe the “must read” recommendations for no good reason. Because there is nothing useful in the book. Let him pay for his promotion

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