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Biology: A Guide to the Natural World, 5th Edition, David Krogh, ISBN-10: 0321616553, ISBN-13: 9780321616555, PEARSON, Transparencies+TB
This book was exactly what I needed. I was familiar with forex futures, and I wanted to break into the cash forex market and possibly into currency options. This book gave me a clear explanation of the markets, including the conventions, the mechanics, the spot market, forex swaps, forex options, etc., and some of the factors which drive exchange rates (e.g., interest rates).
The book is very readable. Usually, this sort of thing puts me to sleep. But I knocked off a chapter per day, no problem. The author is a member of the UBS training department, and he clearly has experience explaining this topic to the uninitiated.
The math is quite light. Nothing more complicated than algebra, which is necessary to explain some pricing logic.
The book does not contain trading secrets. It is not a system for trading forex. It does not explain How I Made $1,000,000 Trading Forex. It will not help you pick a broker. It is not an exposition on the... read more
The book is good for someone with no exposure to FX markets and for those who want to get a handle on things like how rates are quoted, why digital options make sense etc. The only gripe I have about this book is that it is an introduction to the topic, and not an advanced exposition on FX models, etc. Otherwise it is well written.
Mr. Weithers had share in his book lot of valuable insights. As a professional trader of the FX market for more than 15 years ago, as well as a Lecturing on this subject on several universities in Israel I truly recommend Mr. Weithers' book as a must reading for both beginners and professional. Frankly, it worth reading time spent on it.
Sencirily,
Shady Bahouth
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| AVAILABILITY | |||
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