The Little Book of Currency Trading: How to Make Big Profits in the World of Forex
| Author | : | |
| Rating | : | 4.34 (510 Votes) |
| Asin | : | 047077035X |
| Format Type | : | paperback |
| Number of Pages | : | 224 Pages |
| Publish Date | : | 2016-01-01 |
| Language | : | English |
DESCRIPTION:
"For the Beginner, But Light on Content" according to Michael H Hamm. As the book title 'little' this is indeed a very brief intro in the world of forex - a lot of anecdotal stories and not many strategies to speak of.The book's chapter titles will tell you the cliche'd nature of the writing - chapter For the Beginner, But Light on Content As the book title 'little' this is indeed a very brief intro in the world of forex - a lot of anecdotal stories and not many strategies to speak of.The book's chapter titles will tell you the cliche'd nature of the writing - chapter 3 A's to Z of forex, chapter 6 - investor vs trader, chapter 11 top 10 mistakes.There are 20 pages of decent writing - and it's about the b. A's to Z of forex, chapter 6 - investor vs trader, chapter 11 top 10 mistakes.There are 20 pages of decent writing - and it's about the b. Beginner to Trading? This one is a must read! As someone new to trading, the whole Forex jargon was simply overwhelming for me. After visiting a few websites and blogs that specialize in Forex market coverage, I had to start from the basics. That's when I started looking for books which were well-received by people who are new to Forex domain. After checking out several book reviews and read quite a few samples I d. Enjoyed and will re read it a few more times GraemeMcLennan Another great book for new traders in forex, repeats the intros into forex that many books do but also starts looking at simple strategies to get you going. I think its well worth while reading and Kathy is obviously a very successful trader and can be called an authority on trading forex. She has a different view on setting profit targets for trades as opposed to say J
Treasuries yielding next to nothing and our bank accounts earning only a few cents on the dollar, most of us would be satisfied with 5 percent, let alone 25 percent return. . In fact, technical analysis is one of the most popular ways to analyze currencies. As a rule of thumb, put yourself into the shoes of a central bank -- whatever the central bank watches is typically what can move the currency because it can help determine whether the central bank will raise or lower interest rates. Currencies just offer another vehicle to express the views that as stock traders, you may already have. It will be important to learn about the unique characteristics of the market, including round the clock trading and general trading mechanics. Currencies are a great asset class for people looking to diversify their portfolios. If you have ever traveled to another country or if you love to read about political or economic developments abroad, then you have already gotten a taste of what moves currencies. Take the best of both worlds and combine both fundamental and technical analysis. The Little Book of Currency Trading will teach you how to identify the big stories affecting currencies and how to pinpoint places to enter and exit your trades. However not all economic releas
KATHY LIEN is the Director of Currency Research for Global Forex Trading (GFT), a Division of Global Futures & Forex, Ltd. . As an internationally renowned currency strategist, Lien specializes in combining fundamental and technical analysis. She also runs an FX signal service, BKForex Advisor, with Boris Schlossberg. She is a regulator contributor to Active Trader,
Page by page, she describes the multitude of opportunities possible in the forex market, from short-term price swings to long-term trends, and details the practical products that can help you achieve success.Along the way, Lien skillfully explains the forces that drive currencies and provides strategies to profit from them; reveals how you can use various currencies to reduce risk; and take advantage of global trends, and examines what you can do to make money without the stress of monitoring the market every day. But in order to make the most of your time in this market, you need to have a firm understanding of how it works. From the Inside Flap Once dominated by global banks, hedge funds, and multinational corporations, the foreign exchange market, or forex, is now easily accessible to traders and investors around the world. Wr