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Currency Trading For Dummies, by Brian Dolan
Download PDF Currency Trading For Dummies, by Brian Dolan
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Your plain-English guide to currency trading
Forex markets can be one of the fastest and most volatile financial markets to trade. Money can be lost or made in a matter of seconds, and forex markets are always moving. So how do you keep up? This hands-on, friendly guide shows you how the forex market really works, what moves it, and how you can actively trade in it — without losing your head!
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All the world's a stage — get an easy-to-follow introduction to the global forex market and understand its size, scope, and players
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Show me the money — take a look at the major fundamental and economic drivers that influence currency values and get the know-how to interpret data and events like a pro
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Prepare for battle — discover different types of trading styles and make a concrete strategy and game plan before you act on anything
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Pull the trigger — establish a position in the market, manage the trade while it's open, and close out on the most advantageous terms
Open the book and find:
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Currency trading conventions and tools
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Key characteristics of successful traders
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Trading pitfalls to avoid and risk management rules to live by
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How major currencies typically trade
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Why it's important to be organized and prepared
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The 411 on buying and selling simultaneously
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Tips for understanding rollovers and interest rates
Learn to:
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Grasp currency quotes
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Capitalize on the foreign exchange market
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Manage risk and reward
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Use the forces that drive currency movements
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Identify key traits of individual currency pairs
- Sales Rank: #662545 in Books
- Published on: 2011-07-05
- Original language: English
- Number of items: 1
- Dimensions: 9.20" h x .80" w x 7.40" l, 1.17 pounds
- Binding: Paperback
- 360 pages
About the Author
Brian Dolan has worked for more than 20 years in the forex market as a currency trader and analyst. As the Chief Currency Strategist at FOREX.com, Brian oversees fundamental and technical analysis and is a frequent resource for the financial media on currency developments.
Most helpful customer reviews
0 of 0 people found the following review helpful.
Great intro
By Rob
Very good introduction to trading currencies. Good starting point to then explore in more detail, from other books, topics like tech analysis and trend trading.
0 of 0 people found the following review helpful.
It WAS all I expected!
By john3005us
It WAS all I expected !s
28 of 30 people found the following review helpful.
Very Good, but has bias
By Eduardo Albuquerque
The author knows a lot about Forex and overall this is a must-read book for anyone into this market. However, the author doesnt explain what ecn/stp/dd brokers are (and why you should run away from dd), tries to make the reader think that opening an account outside the USA is riskier, and finally states that leverage above 50:1 isnt a good thing. Perhaps all this is because the Author works for a dd (dealing desk) brokerage in the USA, where leverage is limited... All in all you should read this book, but be critical and dont take every statement as absolute truth, as there are interests in play here.
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