Download Currency Trading For Dummies, by Kathleen Brooks Brian Dolan
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Currency Trading For Dummies, by Kathleen Brooks Brian Dolan
Download Currency Trading For Dummies, by Kathleen Brooks Brian Dolan
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From the Back Cover
Learn to: Understand how the market works Research the global forex markets Apply mobile and platform trading solutions Use tips and hints from professionals Understand the foreign exchange market and benefit from it! The forex market is fast, exciting, and potentially lucrative if you know what you're doing. This hands-on, user-friendly guide shows you how the foreign exchange market works, who the players are, what influences currency values, how to interpret data and events, and what you need to know to develop a winning strategy. Read carefully before investing! Understand how it works if you're new to currency trading, here's a plain-English explanation of how the forex market works, what moves it, and what newcomers need to know Things to think about find out how your investment objectives, experience level, and risk appetite must be considered Tools of the trade see how to find sources of data and market intelligence, take advantage of the latest technology, and use technical analysis to spot trade opportunities Read the market learn to interpret economic data and official statements and gauge market psychology, sentiment, and positioning Make a game plan get expert guidance on developing a structured strategy and a disciplined approach to currency trading Open the book and find: Differences between the forex market and the stock market Pros and cons of currency trading Essential secrets of success Best ways to manage your exposure The latest SEC rules and tax laws Tips on doing research Risk management rules to live by Key characteristics of successful currency traders
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About the Author
Kathleen Brooks is research director at FOREX.com. She produces research on G10 and emerging-market currencies, providing her clients with actionable trading ideas. Brian Dolanhas more than 20 years of experience in the currency market and is a frequent commentator for major news media.
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Product details
Series: For Dummies
Paperback: 384 pages
Publisher: For Dummies; 3 edition (February 17, 2015)
Language: English
ISBN-10: 1118989805
ISBN-13: 978-1118989807
Product Dimensions:
7.3 x 0.9 x 9.1 inches
Shipping Weight: 1.1 pounds (View shipping rates and policies)
Average Customer Review:
4.2 out of 5 stars
80 customer reviews
Amazon Best Sellers Rank:
#22,433 in Books (See Top 100 in Books)
This is a solid review of the 'nuts & bolts' of 'retail' forex trading-- peaks and troughs in liquidity, world-wide trading hours, technical analysis, the use of various types of 'orders,' and-- most critically-- what it means to buy or sell a currency pair. The order of the ratio-- say, EUR/USD-- is key to understanding the latter.In part two, the authors get bogged down in a 100+ page discussion of 'fundamentals' of currency trading-- economic events, broadly defined, that can affect currency pairs. *Way* too much information here! The authors would have been more helpful if they had just provided a comprehensive list of economic 'events' and 'announcements,' the approximate release dates, and a brief discussion of how the 'event' or 'announcement' *usually* moves a currency pair. That probably would have covered about twenty pages, instead of 100+.All in all, an excellent primer on currency trading.
If you are looking to get into trading and have no idea where to begin, this book is a pretty solid pick.What I like most about it is the author's capacity to reduce the complexity and entirety of Currency-trading into short easy to read bits of texts.Of-course this book does not cover everything on trading, but it touches on the main principle ideas behind currency trading that every trader should know in order to increase their chances into making winning trades.
I never got bad info from the DUMMIES...added to my library!
Book is a good foundation for currency trading. It has a wide breadth and fairly sufficient depth for anyone to get started. It is presented in an organised and easily digest able manner. However kindle version can be improved with higher resolution diagrams. They are not readable.
Very good overview. You won't become a trader but you'll be reminded of everything you need to keep track of.
I originally checked this book out, from the Library...in fact...I checked it out several times. Since the Library requests, that you return their books, I finally decided I needed this one, on my own personal Forex Training/Educational shelf.Even though it is written, by a GAIN Capital Strategist, the information is presented in an unbiased and completely educational mode.I would highly recommend this book, to anyone planning to learn how to trade in the Forex Market.
I know how to trade currencies. good instruction. Have a plan now.
Great Product!!!!!!!!!!
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