Currency Trading For Dummies
Your plain-English guide to currency trading
Forex markets can be one of the fastest and most volatile financial markets to trade. Money can be lost or made in a matter of seconds, and forex markets are always moving. So how do you keep up? This hands-on, friendly guide shows you how the forex market really works, what moves it, and how you can actively trade in it — without losing your head!
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All the world's a stage — get an easy-to-follow introduction to the global forex market and understand its size, scope, and players
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Show me the money — take a look at the major fundamental and economic drivers that influence currency values and get the know-how to interpret data and events like a pro
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Prepare for battle — discover different types of trading styles and make a concrete strategy and game plan before you act on anything
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Pull the trigger — establish a position in the market, manage the trade while it's open, and close out on the most advantageous terms
Open the book and find:
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Currency trading conventions and tools
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Key characteristics of successful traders
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Trading pitfalls to avoid and risk management rules to live by
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How major currencies typically trade
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Why it's important to be organized and prepared
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The 411 on buying and selling simultaneously
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Tips for understanding rollovers and interest rates
Learn to:
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Grasp currency quotes
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Capitalize on the foreign exchange market
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Manage risk and reward
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Use the forces that drive currency movements
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Identify key traits of individual currency pairs
- Amazon Sales Rank: #600403 in Books
- Published on: 2011-07-05
- Original language: English
- Number of items: 1
- Dimensions: 9.20" h x .80" w x 7.40" l, 1.17 pounds
- Binding: Paperback
- 360 pages
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