Currency Trading For Dummies

Mark Galant By David on Apr 2, 2019

eBook, Trading, Currency Trading, Mark Galant, Dummies

Mark Galant - Currency Trading for Dummies

Providing new investors with a comprehensive overview of the nuts-and-bolts of currency trading, this text explains in simple terms the key points of the Forex market.

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

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