Friday, 26 September 2014

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... 

Monday, 22 September 2014

Footballeur: An Autobiography

After few serious reading... I guess it is time to relax and enjoying my hobby. Being an Arsenal and Bobby fan, this book is a must. I actually tried to get this book locally since few years back. However, since Manure is the name for local football fans, it is hard to even find a clue where to buy this book. At the end, special thanks to my nephew in Newcastle. He not only bought me this book. In fact, he bought me tons of football autobiography imported direct from UK. Thanks, man...

I spend only little of time to finish this whole book. This kind of book are enjoying for football fans like me. However, since I did not check on the date of publish; I did not realized that this book is originally a French version in an earlier date. As such, the whole stories ending half way throughout Bobby's career at Arsenal without mentioning the later part on his journey to Villarreal and a short spell in Aston Villa. This is the problem with autobiography that wrote prematurely during the player's career. Yes, it is the peak moment for the player and publisher would definitely have an easier task to sell off the book. However, the premature period will cause the book ending with premature stuff too... In fact, I am very much pissed off not to read about Champion's League's final subs by Wenger on Bobby and why he finally decided to quit his beloved Arsenal. In short, the whole story is simply not complete!!!

Compares to Alex Ferguson: My Autobiography and The Professor: Arsene Wenger, I think this book at most deserved a rating of 4/10. No doubt that I enjoyed this book. However, I prefer a complete story that covers at least the whole football career of Robert Pires. 

Thursday, 18 September 2014

The Secret Code of Japanese Candlesticks

Gosh... never imagined that I will touch again this kind of books... In fact, I was asked by a junior to help review this book. As such, I need to read through before I can give her sort of feedback she wants... After all, I need to update my private library too... So, why not?

End up... Gosh, what a lousy book!!! In the first place, there are really nothing new under the sun. As such, the way that the author tends to perceived that he found something new and some top secrets in trading really pissed me off. In fact, there is zero secret revealed by the author in regards to candlesticks. Based on western or eastern sources, those stuff are nothing great and definitely not as "magic" as claimed by the author.

Then, the whole book is in a mess. It is not organized in terms of contents. It is supposed to be a book about candlestick. Yet, the author is so "creative" that candlestick becomes a sub topic in the whole book. Topics are mixed up here and there and the sequence is a real mess to me. I was like... trying hard to concentrate in certain topic, but get distracted by the next chapter when something irrelevant (at least to me) pop up suddenly. The author is too "creative", LOL.

Overall, this is a funny book. The more you dig, the more you found nothing. As such, for a full rating of 10, I am giving it an "excellent" 0! What a huge disappointment...