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Forex Hacking – New Ebook for All Traders


Jakob Dupont Knudsen of TradeProfits has written a comprehensive book about forex trading. The new book is for beginners as well as seasoned traders. Here’s a review and a hand out.

Forex Hacking begins from giving good habits to new traders: Knudsen lays out a proper trade log. He then goes to deal with risk management, an important aspect that is neglected by many traders.

The book continues to separating breakouts from “fakeouts”, trading the news, advanced technical analysis and lots more. I found the chapter about Gap Trading very interesting. Forex Hacking will be launched on Tuesday, February 16th.

The author has agreed to hand out 4 free copies to Forex Crunch readers! All you have to do is comment on this post with a valid email until Monday, February 15th 23:59 GMT. I’ll randomly pick 4 winners on Tuesday and announce them.

In the comment, you may ask Jakob any question you like, or write anything you wish…

Thank you everybody. I’m happy to see so much interest. The comments are closed, and the winners will be announced in the early hours of the afternoon GMT, together with the official launch of the book.

About the author, in his own words:

My name is Jakob Knudsen. I am a guy in the late twenties from Denmark. I have been interested in day trading for almost as long as I can remember . I have been involved with forex trading for about six years now. This has been on and off, as I have been studying and working at the same time. Practice and real accounts. I sure have lost my share in this game, but I see this as an “educational fee”. I was, like the majority of other traders, dragged into this game from fake claims, promising me millions overnight. I had a good time in the beginning, especially when demo trading, but I soon realized that this was not as easy as I had been promised. I then started buying EA´s, signal services, systems, etc. I have been all over the place, and realized that most of these services and products is nothing but hot air. A few good ones and a lot of bad ones! Getting started in forex trading takes time, and luckily I kept trying. Now I am not claiming to be a guru, but I sure have learned a lot throughout the years, and this is what I am sharing in this book. I am not telling anyone they will be rich overnight through forex trading, and my book will not make them millionaires either. I am just so sick and tired of seeing these typical scroll-down-for-two-hours-and-read-how-to-get-rich-overnight-pain-in-the-ass-fake sales pages.

Want to see what other traders are doing in real accounts? Check out Currensee. It’s free.

See what other traders are doing in real forex accounts. Check out Currensee. It's free..

57 Comments

  1. JFK says:

    I’ve lost so much trading on forex… that I only keep my eyes… to cry or to read this book..??? I wonder..!! :)

  2. freewil says:

    I m lookin forward to learn from this book.

  3. Fatalian says:

    One copy is very usefull for me….
    Please add me to the list…

  4. michael goymer says:

    well jakob , i certainly can empathise with you, i had big dreams and goals ,only to be struggling along right now to get enough money into my trading acount to give it another go. education is necessary but which one ? hopefully i’ll get a chance to have a look at you’re book cheers and best of luck.

  5. Syed Ali says:

    Jakob Knudsen sounds like a guy who has finally come to terms with the realities of the Forex Market. I’m sure he has plenty of valuable lessons, experiences he could share with us. I would be glad to get my hands on his eBook. Just can’t wait for it’s launch.

  6. Dawn Lawrence says:

    Please could you add me to the list. I have only been trading for 3 months so this type of ebook will be of great help.

    Judging by the number of people who have replied there appears to be a market for this product. Have you thought about offering it for a small charge to those that are not successful.

  7. Slim says:

    Pick me

  8. tony says:

    i know this will water the appitite of trader, base on the stuuff uv so far delivered then it must be a amster pieces

  9. Yus says:

    I hope this ebook can help me to identify fake breakouts.

    Regards,

    Yus

  10. ahmed says:

    I am really curious about this book. please choose me to get this book. thanks

  11. Jake says:

    Please add me to the list.

  12. zubair says:

    Please add me to the list.

  13. zubair says:

    I hope I receive one free copy of this book…

  14. Richard says:

    Forex Trading is like a king cobra. If you want to play with it be very sure you have the knowledge and experience or it will inflict severe pain when you least expect it. Will this book give me a better understanding of how to tame the beast or simply to get out of the way? Please put my name in the hat for a chance to answer the question.

  15. Rashid C M says:

    First of all thanks to forexcrunch and Jakob Dupont Knudsen for giving this nice offer for the readers. I would love to read this book and get a free copy.

    Thank You
    Rashid C M

  16. navtis says:

    It will be interesting to see what he finds to say that amounts to anything new, including “…[he] goes to deal with risk management, an important aspect that is neglected by many traders”. Maybe it is neglected, but it’s emphasised by every so-called expert, so how revolutionary is this likely to be?

  17. Dear Jakob,

    I am more interested in the section of detecting fakeouts. I wish to gain more information about it as to, are there any specific indicators/chart patterns, that you recommend for this purpose???.
    I think seperating breakouts from fakeouts can significantly improvise the strike ratio of traders. If combined with appropriate moneymanagement, once can get wonderful results.

    Best Regards & All The Best
    Kashyap Darji

  18. Kerry says:

    Looking forward to reading your book. From the summery it sounds like it can be a promiseing tool.

  19. Joanne says:

    lol so many comments already!

  20. makun says:

    am new to trading but like trading the news. Hope one of the four free copies will increased me in knowledge

  21. Jan says:

    Hi, Maybe I’ll get it ?
    Hope it’s interesting Ebook that could help me improve my FX knowledge.
    All the best everybody :-)

  22. yuze says:

    i need a forex mentor and hope your Ebook can improve my forex trading because i’ve loss a huge money before…please…

  23. Meddi says:

    I’m looking to find a system that will doo what it says and not just taking money and lots of B.S
    I have spend a lot of money for courses and books, all promise you lots of points, but reality no points and lots of money lose.

  24. Festus says:

    Please, I am interested. Add me to the list

  25. victor says:

    pls i need your ebook i know it will help me .

  26. Ammo says:

    I wouldn’t mind a look, sounds good!

  27. Luke says:

    I like the sound of the ebook!