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Forex Made Easy: 6 Ways to Trade the Dollar
 
 

Forex Made Easy: 6 Ways to Trade the Dollar (Hardcover)

by James Dicks (Author)
2.0 out of 5 stars See all reviews (3 customer reviews)
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Forex Made Easy: 6 Ways to Trade the Dollar + Currency Trading for Dummies + 7 Winning Strategies for Trading Forex: Real and Actionable Techniques for Profiting from the Currency Markets
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Product details

  • Hardcover: 256 pages
  • Publisher: McGraw-Hill Professional (1 May 2004)
  • Language English
  • ISBN-10: 0071438947
  • ISBN-13: 978-0071438940
  • Product Dimensions: 23 x 15.4 x 2.6 cm
  • Average Customer Review: 2.0 out of 5 stars See all reviews (3 customer reviews)
  • Amazon.co.uk Sales Rank: 432,675 in Books (See Bestsellers in Books)

    Popular in this category:

    #61 in  Books > Business, Finance & Law > Professional Finance > Foreign Exchange
  • See Complete Table of Contents

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Product Description

Product Description
This title shows how investors of every size can profit from today's largest trading market. Newly-developed online trading tools and tactics have helped individual investors smash the barriers between Main Street and Wall Street. Nowhere is this more evident than in the foreign currency market, or FOREX. Recent rule changes have opened this phenomenally lucrative market - formerly reserved for banks, corporations, and high net worth individuals--to independent investors, many of whom start with as little as $300! "Forex Made Easy" is the first no-nonsense, step-by-step introduction to making the FOREX an integral part of your overall trading program.Pulling back the curtain to reveal how simple and straightforward FOREX trading actually can be, this results-based manual takes you through an easy-to-follow, six-step process to: use unheard-of 100:1 leverage to make the most of your limited trading capital; practice market-proven techniques guaranteed to minimize your risk exposure; and, trade the FOREX market online, 24 hours a day, six days a week FOREX trading has quickly become one of the investing world's hottest opportunities, for all traders and investors, regardless of their size or strategy. Discover how to make it work for you, in renowned FOREX trading pioneer James Dicks' commonsense yet revolutionary "FOREX Made Easy".'In this book I have put together what I feel to be a very investor-friendly understanding of the FOREX market and how to trade it. This is for the everyday investor, looking for an alternative to the stock market for better portfolio diversification' - James Dicks.The foreign currency market is the largest and most liquid trading market in the world, with $1.5 trillion or more traded every day. And in our increasingly barrier-free global financial markets, online traders and investors armed with inexpensive point-and-click trading systems, along with a new attitude that markets should be open to all traders, all the time, have made it among the most accessible! Problem is, the majority of books written on FOREX trading have been needlessly complex and technically dense, written for institutional investors making billion dollar-plus trades. "FOREX Made Easy" changes all that, telling you everything you need to know minus the unnecessary detail and tactics.The first book to provide you with only the information you need, to allow you to get a feel for the market and determine how to fit FOREX trading into your long-term investing program, this straight-talking guidebook reveals: what the FOREX is, and how and why it has become the major player in today's financial markets; clear instructions for setting up a trading station, opening an account, and placing your first order; 6 steps to FOREX success - concise, effective rules for successful trading; fundamental analysis and the FOREX - Economic indicators, inflationary indicators, and more; technical analysis and the FOREX - From basic charts and patterns to Fibonacci, Elliot Wave, and more; money management principles to ensure that you trade with your head instead of your heart; and, business and tax strategies for squeezing every financial advantage from your FOREX trading practices. "FOREX Made Easy" gives you much more than just facts and numbers.This first-of-its-kind book provides you with the tools and techniques you need to stand toe-to-toe with the world's most powerful traders and institutions, using FOREX trading like they have for years to both offset your market risks and augment your profits. Simple, uncomplicated, and filled with examples of individual traders using their smaller size to tremendous advantage in the institution-dominated FOREX, it will open your eyes to an opportunity that is unique, unprecedented, and bound to become a staple for traders looking for new sources of profits, and innovative techniques to protect those profits.

From the Back Cover

How Investors of Every Size Can Profit From Today's Largest Trading Market

Newly-developed online trading tools and tactics have helped individual investors smash the barriers between Main Street and Wall Street. Nowhere is this more evident than in the foreign currency market, or FOREX. Recent rule changes have opened this phenomenally lucrative market--formerly reserved for banks, corporations, and high net worth individuals--to independent investors, many of whom start with as little as $300! FOREX Made Easy is the first no-nonsense, step-by-step introduction to making the FOREX an integral part of your overall trading program. Pulling back the curtain to reveal how simple and straightforward FOREX trading actually can be, this results-based manual takes you through an easy-to-follow, six-step process to:

  • Use unheard-of 100:1 leverage to make the most of your limited trading capital
  • Practice market-proven techniques guaranteed to minimize your risk exposure
  • Trade the FOREX market online, 24 hours a day, six days a week

FOREX trading has quickly become one of the investing world's hottest opportunities, for all traders and investors, regardless of their size or strategy. Discover how to make it work for you, in renowned FOREX trading pioneer James Dicks' commonsense yet revolutionary FOREX Made Easy.

"In this book I have put together what I feel to be a very investor-friendly understanding of the FOREX market and how to trade it. This is for the everyday investor, looking for an alternative to the stock market for better portfolio diversification."

--James Dicks

From the Introduction

The foreign currency market is the largest and most liquid trading market in the world, with $1.5 trillion or more traded every day. And in our increasingly barrier-free global financial markets, online traders and investors armed with inexpensive point-and-click trading systems, along with a new attitude that markets should be open to all traders, all the time, have made it among the most accessible!

Problem is, the majority of books written on FOREX trading have been needlessly complex and technically dense, written for institutional investors making billion dollar-plus trades. FOREX Made Easy changes all that, telling you everything you need to know minus the unnecessary detail and tactics. The first book to provide you with only the information you need, to allow you to get a feel for the market and determine how to fit FOREX trading into your long-term investing program, this straight-talking guidebook reveals:

  • What the FOREX is, and how and why it has become the major player in today's financial markets
  • Clear instructions for setting up a trading station, opening an account, and placing your first order
  • 6 Steps to FOREX Success--Concise, effective rules for successful trading
  • Fundamental analysis and the FOREX--Economic indicators, inflationary indicators, and more
  • Technical analysis and the FOREX--From basic charts and patterns to Fibonacci, Elliot Wave, and more
  • Money management principles to ensure that you trade with your head instead of your heart
  • Business and tax strategies for squeezing every financial advantage from your FOREX trading practices

FOREX Made Easy gives you much more than just facts and numbers. This first-of-its-kind book provides you with the tools and techniques you need to stand toe-to-toe with the world's most powerful traders and institutions, using FOREX trading like they have for years to both offset your market risks and augment your profits. Simple, uncomplicated, and filled with examples of individual traders using their smaller size to tremendous advantage in the institution-dominated FOREX, it will open your eyes to an opportunity that is unique, unprecedented, and bound to become a staple for traders looking for new sources of profits, and innovative techniques to protect those profits.



See all Product Description

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What Do Customers Ultimately Buy After Viewing This Item?

Forex Made Easy: 6 Ways to Trade the Dollar
54% buy the item featured on this page:
Forex Made Easy: 6 Ways to Trade the Dollar 2.0 out of 5 stars (3)
£13.99
Currency Trading for Dummies
46% buy
Currency Trading for Dummies 5.0 out of 5 stars (2)
£7.99

 

Customer Reviews

3 Reviews
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4 star:
 (1)
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 (2)
 
 
 
 
 
Average Customer Review
2.0 out of 5 stars (3 customer reviews)
 
 
 
 
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Most Helpful Customer Reviews

 
20 of 21 people found the following review helpful:
1.0 out of 5 stars very disappointed, 9 Jul 2005
By D. Mullard (Wolverhampton, UK) - See all my reviews
(REAL NAME)   
I bought this book a few weeks ago with a view to developing my understanding of what the FOREX and how it works.

I wanted to understand the fundamentals behind different currency pairs and what is likely to affect these in the future, with a view to speculating on future movements.

This book only briefly mentions fundamentals - a few pages listing the economic data which may affect each currency. The rest of the book talks a lot about technical analysis in a general sense. If you want to develop knowledge of TA there are much better books dedicated to TA.

Also there are large sections that repeatedly mention the authors trading site and trading systems. Having already sold you his book, Mr Dicks will continue to try and sell his trading system throughout, unnecessarily wasting large portions of the book.

I found very little useful information in the book, and consider it to be a complete waste of money. if you want a book on TA, buy a book on TA. If you want a book on FOREX, spend a little more, and buy something of use.

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8 of 8 people found the following review helpful:
1.0 out of 5 stars Just promotes his himself, 15 Nov 2005
After buying and reading this book i already discovered that i knew most of what he was telling me. The stuff i didnt know was told with no depth of explanation to gain an understanding of. He merely made me aware for the future. The author continually bangs on about his own trading company and his website and to top this all off even talks about how you would input orders into his trading platform. Save yourself the money and buy a book that is difficult at first to understand. That way you can keep reading it and increase your knowledge over time. I have read this book once and will never read it again. The only good thing about it is next years bonfire will burn 1 book brighter
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2 of 2 people found the following review helpful:
4.0 out of 5 stars Good book written by experienced guy, 11 April 2006
By CdSales (London, UK) - See all my reviews
I bought this book after opening a demo account with one of the FOREX companies. My first suggestion is to ignore '6 Ways To Trade Dollar' subtitle. I read this book from cover to cover and haven't come across promiced 6 suggestions :-). In my opinion this book is full of usefull information for people who are starting with forex. It is simple but at the same time I would suggest you to read and practice on Demo Account at the same time, otherways it might be difficult to understand what autor is talking about. Book will tell you What to Do and What not to Do when using FOREX. And as always, autor will be encouraging your to visit his web site, try to sell you his semminars, his forex platform and so on... As a FIRST FOREX BOOK this is the best I could find. Good Luck!
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