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FOREX - The Basics Explained in Simple Terms (includes a FREE Bonus Trading System and also links through to video content instructions on how to upload the indicators provided for the system)
This is not an upsell to any other product or service
My knowledge of currency trading extends over a 14 year period and has evolved from the old fashioned manual charting when I first started in 2002, to trading on multiple screens and entering the arena of automated trading.
During this time, I have developed and shared many trading systems for free, and I have also assisted many new Traders through my various blogs and forum participation. This book is for those of you who are just starting to consider trading Forex but don’t know where to start, given the abundance of information on the internet. It is THE first book to read to have an understanding of the very basics. I have deliberately kept the explanations simple and straightforward so everyone can understand it.
Here is a preview of what is included:
- What is Forex?
- Advantages to Trading Forex
- When is the Forex Market Open?
- Forex Pairs - What do the numbers mean?
- Where Do We Trade Forex?
- What About Choosing a Broker?
- Important Information for US based Traders
- Lot Size and Equivalent Pip Value
- Information on Risk
- News and Fundamental Analysis
- Technical Analysis
- Risk-Reward Ratio
- Types of Orders
- How Many Pips is Enough?
- Trading Psychology
- Day Trading or Longer Term Trading?
- Keeping a Journal or Diary
Get started now, and gain a basic understanding of how it all works with this book, BEFORE you jump into the world of Forex Trading and you are welcome to join me on my newly created Facebook page: https://www.facebook.com/groups/1575762126072998/
- Sales Rank: #22789 in Books
- Published on: 2015-09-15
- Original language: English
- Dimensions: 9.00" h x .17" w x 6.00" l, .24 pounds
- Binding: Paperback
- 72 pages
Most helpful customer reviews
15 of 15 people found the following review helpful.
Find your way in Forex with this guide
By Ashton
After seeing several of my friends have an amazing amount of success with Forex trading, to the point where they were earning almost double their monthly salary, I knew I had to give it a go. With all of their advice I managed to make some headway, but it wasn't until I stumbled upon this book that I actually felt some real traction into the world of Forex. This books gives fantastic insights on how to find your way in this challenging, but extremely opportunistic, world of trading.
10 of 10 people found the following review helpful.
Very Useful Guide for Beginners
By Jade
This book is really well written, easy to understand, and it is a very useful practical guide for beginners. I really liked the fact that the author is actually putting information about himself, giving to the book a personal human touch. Lots of suggestions, pros and cons are given about different methods - you can find many information on the Internet but this book helps you to clear your mind and make smart choices.
This book was overall really interesting, not too complicated for someone who is new to forex trading. I would definitely recommend it to someone who is interested in forex trading and doesn't know how to go deeper in this field.
5 of 5 people found the following review helpful.
May the Trend be your Friend
By Kim Brooks
This is one book I wish I had when i started day trading a few years ago. The author explains his methodology, risk, the importance of discipline, avoiding "revenge trading", being aware of news, the wisdom of trading only one pair of currencies and much more. Just like you don't need to know how a car works before driving it, you don't need to know every technical detail about trading in order to be a trader. Jim knows and enjoys his subject and it shows in his writing. Reading it felt like I was being guided by a friend on a journey. Beginning and experienced traders will benefit from this book. Don't be scared, get prepared.
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