Currency Trading for Dummies (Paperback)
 
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Currency Trading for Dummies (Paperback)

Edition 2
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Item #: 13374561
    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? Th......more

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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

Brian Dolan has worked for more than 20 years in the forex market as a currency trader and analyst. As the Chief Currency Strategist at FOREX.com, Brian oversees fundamental and technical analysis and is a frequent resource for the financial media on currency developments.

Author:
Dolan, Brian
Series Title:
For Dummies
Genre:
BUSINESS & ECONOMICS / Foreign Exchange
Audience:
General/trade
Edition:
2
Format:
Paperback
Pages:
342
Language:
English
Publisher:
For Dummies
Publish Date:
07/12/2011
Copyright Year:
2011
ISBN:
9781118018514
Height:
9.5 in
Wdth:
7.0 in
Thickness:
1.0 in
Unit weight:
1.2 lb
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