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The Little Book of Currency Trading: How to Make Big Profits in the World of Forex (Little Books. Big Profits)
 
 
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The Little Book of Currency Trading: How to Make Big Profits in the World of Forex (Little Books. Big Profits) [Hardcover]

Kathy Lien
4.0 out of 5 stars  See all reviews (1 customer review)
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Product details

  • Hardcover: 224 pages
  • Publisher: John Wiley & Sons (28 Jan 2011)
  • Language English
  • ISBN-10: 047077035X
  • ISBN-13: 978-0470770351
  • Product Dimensions: 18.5 x 13.5 x 2 cm
  • Average Customer Review: 4.0 out of 5 stars  See all reviews (1 customer review)
  • Amazon Bestsellers Rank: 96,174 in Books (See Top 100 in Books)
  • See Complete Table of Contents

More About the Author

Kathy Lien
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Product Description

Product Description

An accessible guide to trading the fast–moving foreign exchange market

The foreign exchange market, or forex, was once dominated by global banks, hedge funds, and multinational corporations, but that has all changed with Internet technology and the advent of online forex brokers. Now, hundreds of thousands of traders and investors around the world can participate in this profitable field.

Written by forex expert Kathy Lien, The Little Book of Currency Trading will show you how to effectively invest and trade in today′s biggest market. Page by page, she describes the multitude of opportunities possible in the forex market, from short–term price swings to long–term trends, and details practical products that can help you achieve success, such as currency–based ETFs.

  • Explains the forces that drive currencies and provides strategies to profit from them
  • Reveals how you can use various currencies to reduce risk and take advantage of global trends
  • Examines financial vehicles that can help you make money without having to monitor the market every day

The Little Book of Currency Trading opens the world of currency trading and investing to anyone interested in entering this dynamic arena.

From the Inside Flap

Once dominated by global banks, hedge funds, and multinational corporations, the foreign exchange market, or forex, is now easily accessible to traders and investors around the world. But in order to make the most of your time in this market, you need to have a firm understanding of how it works.

Written by forex expert Kathy Lien, The Little Book of Currency Trading shows you how to effectively trade and invest in today′s biggest market. Page by page, she describes the multitude of opportunities possible in the forex market, from short–term price swings to long–term trends, and details the practical products that can help you achieve success.

Along the way, Lien skillfully explains the forces that drive currencies and provides strategies to profit from them; reveals how you can use various currencies to reduce risk; and take advantage of global trends, and examines what you can do to make money without the stress of monitoring the market every day. Other issues addressed include:

  • Getting started in forex and finding the right approach for you
  • The most commonly made forex mistakes
  • Making the most of slow and steady investing as well as learning the fast and furious approach to forex
  • Avoiding popular forex scams
  • And much more

Filled with in–depth insights and practical advice, The Little Book of Currency Trading opens the world of currency trading and investing to anyone interested in entering this dynamic arena.


Inside This Book (Learn More)
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Front Cover | Copyright | Table of Contents | Excerpt | Back Cover
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Customer Reviews

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Most Helpful Customer Reviews
1 of 1 people found the following review helpful
Clear Insight 23 Jan 2012
Format:Hardcover
If your looking for a book that quickly describes and touches the beginning of currency trading this book is for you. Its interesting and hard to put down and something that i would say was ideal for a beginner, although, it is also interesting for someone with an intermediate knowledge of the FX market. For the price is well worth buying.
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Amazon.com:  17 reviews
28 of 32 people found the following review helpful
The section on Bollinger Bands is wort h the price of the book 13 Jan 2011
By W. R. Booker - Published on Amazon.com
Format:Hardcover|Amazon Verified Purchase
I've read everything Kathy's ever written, and I'm better for it - and this book is no different. Short and to the point: Kathy's section on the buy and sell zones for the Bollinger Bands is worth the price of the book many times over. Those bands have saved me from taking some terrible trades, and helped me quickly identify market conditions that are favorable for longs or shorts. It's easily the best section of the book, in my opinion. Last of all, Kathy has the public track record to back up what she writes.

Trading is risky, of course, and no one strategy is perfect for everyone. But in a world of overpriced trading books, this book is absolutely worth buying.
12 of 14 people found the following review helpful
Practical and Handy 10 Jan 2011
By SuccessDriven - Published on Amazon.com
Format:Hardcover|Amazon Verified Purchase
Lien does a really good job of explaining the basics of the forex market and some topics that are usually avoided in other books such as the biggest scams in the market and the top 10 mistakes (which I have been guilty of at one point or another!). For those of you that are a bit more advanced like yours truly, the Bollinger Bands were an interesting and practical tool. I actually backtested it with some relatively good results.
16 of 20 people found the following review helpful
Excellent advice for all traders 27 Dec 2010
By T. Hobson - Published on Amazon.com
Format:Kindle Edition
I found this book to be an invaluable guide to trading the forex markets. Although short, the author manages to pack in helpful advide and strategies for both short and medium term traders. Trading the news and technical analysis are covered along with setting profit targets and stop losses. Highly recommended
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