Just read a book by James Dicks called the Forex Edge: Uncover The Secret Scams and Tricks To Profit in the World's Largest Financial Market. I didn't care for Mr. Dicks with his Forex Made Easy program, but this book was a surprise - all I can say is wow, excellent book and is one of the best I have read on the forex market. Here are some highlights:
How Ethical Dealers Earn Their Money
What Do Shady Brokers Do To Earn Your Money
- Countertrading
- Plug-ins
- Direct Price Manipulation
- Profitability Blacklisted
Why 98% of Traders Lose Money
Technical Reasons Why Traders Lose (17 reasons)
Emotional and Personality Reasons Why Traders Lose (14 reasons)
External Reasons (6 reasons). The 1st one listed is choosing the wrong broker. After reading this book and all the court cases against forex brokers, and according to Mr. Dicks, bad practices some dealers use to separate you from your money, IMHO, this is the #1 reason why traders lose.
The complete table of contents and other info. can be found on amazon.com
How Ethical Dealers Earn Their Money
What Do Shady Brokers Do To Earn Your Money
- Countertrading
- Plug-ins
- Direct Price Manipulation
- Profitability Blacklisted
Why 98% of Traders Lose Money
Technical Reasons Why Traders Lose (17 reasons)
Emotional and Personality Reasons Why Traders Lose (14 reasons)
External Reasons (6 reasons). The 1st one listed is choosing the wrong broker. After reading this book and all the court cases against forex brokers, and according to Mr. Dicks, bad practices some dealers use to separate you from your money, IMHO, this is the #1 reason why traders lose.
The complete table of contents and other info. can be found on amazon.com