Pennyworth Books

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The ebook “Forex Trading Machine” is aptly named. The author, Avi Frister, has taken a radical approach to the forex market, bypassing technical and fundamental indicators, the lifeline for many traders, and devised a system that is purely mechanical. If you can trade like a robot his system promises dependable, consistent profits over time.

This ebook falls naturally into two parts. Chapters one to six cover forex basics including an explanation of currency quotes, pips, margins, daily ranges, technical and fundamental analysis.

Of particular importance are chapters five and six dealing with the psychology of trading and money management.

Why A High Drop Out Rate?

A very important point is made on page 74. After referring to the often quoted statistic that 95% of traders fail eventually and go broke, the author emphasizes that this is not due to the absence of a sound trading system, or special forex trading strategy.

Discipline is the key factor, control over…

To this day, I still do not know who gave me this book. It has a big blue cover with a gorgeous front design on it.

Then, I opened it. I read and read and read and read this book. I think supper burned but oh well because I wasn’t going to put this book down.

I brought this book to my book club meeting and of course, we assigned it a date. It was totally amazing because most of the same people said the same thing, ‘totally capivating’.

I couldn’t agree more.

Here’s the review:

Wow! What a talented author. From the minute you meet the main character Andra, she is a major mean spirited woman. Tanner Thornburg, her husband of some years has taken her out to a restaurant to ask her for a divorce. He’s chosen this venue because he thinks she will make a scene and somehow the restaurant will stop…