A massive disappointment (London) January 11, 2001 - 1.0/5 stars This book's...

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Trading in the Global Currency Markets
Cornelius Luca

Trading in the Global Currency Markets - image

Rating: 4.0/5 Stars
Rank: 24162

A massive disappointment
(London) January 11, 2001 - 1.0/5 stars

This book's bulk suggests it as a definitive tome on the subject, but the content is surprisingly thin. Chapters are instead padded out by large verbatim lifts from official sources.

The book fails to sift out for the reader what is important, and instead just reproduces huge amounts of indigestible detail.

Worse, the book is littered with factual errors. In describing the world's central banks, Luca neglects to mention that that the Bank of England has been made independent since the first edition of this book (this is not a trivial point).

Worse, he describes Clinton as " the second US President to be impeached" (p349 - check it out!). Last I heard Clinton was leaving the presidency unimpeached at the end of his full term.

When you find basic factual errors like these, you find yourself unable to trust any of the other facts reported in the book.

In conclusion, this book's bulk is misleading: it is thin on content, badly edited and punctuated by grotesque factual errors.

NYIF have done their reputation no favours by publishing this book.

Customer Review: 18 of 18

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Customer Reviews

Trading in the Global Currency Markets
Cornelius Luca

Customer Review 16 - 18 of 18


16.	A 3rd Edition is called for . . .
	(Delray Beach, FL United States) April 20, 2004 - 1.0/5 stars
	In 2000, when this edition was released, it most probably provided a fair introduction and overview to the global forex market, but not for individual traders.However, its use to traders, especially individual traders... read full review

17.	Useless book on FX trading
	(CUNEO, CN Italy) September 9, 2002 - 1.0/5 stars
	TRADING? Where is the trading? If you are a trader, a real trader, this book is not for you. Plenty of historical details this book is good for economic high school, not for FX trading. No methodologies,... read full review

Current Review
18.	A massive disappointment
	(London) January 11, 2001 - 1.0/5 stars
	This book's bulk suggests it as a definitive tome on the subject, but the content is surprisingly thin. Chapters are instead padded out by large verbatim lifts from official sources. The book fails to sift out for the reader... read full review

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Editorials

Sample 2 of 2

Trading in the Global Currency Markets
Cornelius Luca


	Book Description
	An in depth look at the tremendous potential of this vital market with expert advice from one of the foremost authorities. The foreign exchange market is the world's largest and fastest growing financial terrain... read full editorial

	Book Info
	(New York Institute of Finance) Text brings the complex machinations of the foreign currency markets to life, clearly and concisely analyzing the various currencies, market forces, and emerging technologies, and illuminating... read full editorial

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