Every trader is different and while Forex Secrets is directed at a very broad based audience it tries to force the reader to develop their own scalping strategies using the many tested methods put forth by the author. The book places a strong emphasis on self risk assessment as well as strict money management techniques. If anything this is really more a book about developing proper risk tools that relate to money management principles through the use of well thought out organizational skills directed at developing a trading algorithm. Even though the discussions throughout the book are geared towards Forex scalping, all strategies can be applied to other investments and time frames that will enhance the reader's overall short-term investing abilities. Forex Secrets forces the reader into a soul search that can develop and enrich their own style of day trading investment.
I am quite amazed by the amount of information this book is providing. As I have experience in this field, I can evaluate this book from an average professional point of view. That is why I was amazed by the fact that some of the things Timothy is describing here were not part of my knowledge in FOREX. It looks like I have missed a couple of FOREX lessons. If you have just started with foreign exchange transactions, this book is perfect for you. The author is explaining a lot of the concepts that stand at the base of FOREX and you should be able to learn quickly as the information comes in a very logical and predictable order. ‘Forex Secrets - Successful Scalping Strategies from the Dark Side’ is a very useful book if you are into foreign exchange or you are just planning to start with it.
Best trading book I've ever read. I highly recommend this book to anyone.I have read it twice and will re-read it again until I become proficient in some of the powerful trading systems discussed in the book.