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Currency Trading For Dummies
by Brian Dolan

Overview -

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?  Read more...


 
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Language: English

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More About Currency Trading For Dummies by Brian Dolan
 
 
 
Overview

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!

  • All the world's a stage -- get an easy-to-follow introduction to the global forex market and understand its size, scope, and players

  • 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

  • Prepare for battle -- discover different types of trading styles and make a concrete strategy and game plan before you act on anything

  • 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:

  • Currency trading conventions and tools

  • Key characteristics of successful traders

  • Trading pitfalls to avoid and risk management rules to live by

  • How major currencies typically trade

  • Why it's important to be organized and prepared

  • The 411 on buying and selling simultaneously

  • Tips for understanding rollovers and interest rates

Learn to:

  • Grasp currency quotes

  • Capitalize on the foreign exchange market

  • Manage risk and reward

  • Use the forces that drive currency movements

  • Identify key traits of individual currency pairs

The EPUB format of this title may not be compatible for use on all handheld devices.



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Details
  • ISBN: 9781118110881
  • Publisher: Wiley
  • Imprint: For Dummies
  • Date: June 2011
 
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