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Product Description
While the Foreign Exchange (Forex) market can be a very profitable place, you must have a firm understanding of how to operate within this environment if you intend on achieving any success.
That′s why you need Getting Started in Currency Trading, Third Edition. This reliable resource–written for both newcomers and those with some Forex experience–puts trading world currencies in perspective, and shows you exactly what it takes to make it in this field.
- Guides you through the process of opening your own account as well as the actual placing and managing of currency orders
- Offers specific trading strategies and tactics
- A companion Web site will provide updates on brokers and FOREX services; an author′s Blog will answer your questions about all aspects of trading
- Includes a new chapter on Forex trading platforms
- The often confusing FOREX calculations are reduced to handy computer–side tables
On the heels of the recent market crash, this fully revised Third Edition is filled with in–depth insights and practical advice that takes into account all of the recent changes in the currency market and shows you how to profit from them.
From the Back Cover
The Foreign Exchange market (Forex) is now more than a $4 trillion–a–day financial market. Its tremendous growth and ease of accessibility have attracted the interest of many traders. But in order to excel in this arena, you have to have a firm understanding of how to operate within it.
That′s why Michael Duane Archer has returned with the Third Edition of Getting Started in Currency Trading. This reliable resource—written for both newcomers and those with some Forex experience—puts the world of Forex at your fingertips and shows how to tap into this market′s incredible potential. Divided into six comprehensive parts, it:
Guides you through the process of opening your own account as well as the actual placing and managing of currency orders
Discusses specific trading strategies and tactics, and addresses the advantages and disadvantages of fundamental and technical analysis
Includes a new chapter on Forex trading platforms
Reduces often–confusing Forex calculations to handy computer–side tables
Details the psychology of trading and how to successfully manage the stresses that may accompany this endeavor
Features a companion Web site providing updates on brokers and Forex services
On the heels of the recent market crash, this fully revised Third Edition is filled with practical advice that takes into account all of the recent changes in the currency market and shows you how to profit from them.
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Customer Reviews
It is clear, concise and worth the money.
It starts well and it professes to be in laymans terms however it soon slumps lazily into industry terminology, many times without prior explanation of the acronyms etc. It has been poorly written and poorly edited with bad grammar throughout which becomes tiresome. It also switches between first person, collective and third person which grinds on the reader after a while. It reminds me of the writing of an adolescent who has just found a thesaurus for the first time.
Additionally the charting, being printed in black and white, is often described in colour so becomes irrelevant for interpretation by the reader.
My advise, spend a little more and get a much better book, if you are going to risk your money on ForEx then your first investment should be better than this.
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