17 Proven Currency Trading Strategies (How to Profit in the Forex Market)

Forex Trading... something I had not touched for quite some time as I appreciate more rest and more sleeps these days, LOL. However, this book caught my attention when I found that Mario Singh is the founder of FX1 Academy, which is based in Singapore. Well, anything on investment that based in South East Asia will caught my attention. After all, if I found it so good, I can reach them easily...

Ended up, this is just one of those books about trading in the market. There is nothing special except some basic stuff about Forex trading. This is in fact a simple introduction book about Forex. As such, it may be a nice book for newbies. However... for those who need to brush up trading skills, this book does not serve its purpose at all. The so called 17 proven strategies are not supported by any back-test results. The best part is... certain charts displayed in the book only showed the profitable trade and ignoring completely the losing part. I wonder why the author was so careless in the first place, LOL. Furthermore, for all 17 proven strategies, I see more of over-fitting rather than solid strategies. Can we trust the so called proven strategies? Hmm, your guess is as good as mine...

Overall, this is not a lousy book to explore. However, ideas provided may sounds too easy to trade efficiently in a competitive market like Forex. Besides, those ideas and methods are not relevant at my side in view that my trading philosophy is totally different with the author. Although the author tried hard to categorize all type of traders... but, I could not recognize myself even when I found the relevant group, LOL. As a result... for a full rating of 10, I am giving it 3. As I mentioned above, there are something useful in the book (particularly for newbies). Hence, 3 point is adequate and nothing more than that...