Read Online Currency Trading For Dummies (For Dummies (Business & Personal Finance)) By Brian Dolan,Kathleen Brooks

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Currency Trading For Dummies (For Dummies (Business & Personal Finance))-Brian Dolan,Kathleen Brooks

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Ebook About
Your plain-English guide to currency trading Currency Trading For Dummies is a hands-on, user-friendly guide that explains how the foreign exchange (ForEx) market works and how you can become a part of it. Currency trading has many benefits, but it also has fast-changing financial-trading avenues. ForEx markets are always moving. So how do you keep up? With this new edition of Currency Trading For Dummies, you'll get the expert guidance you've come to know and expect from the trusted For Dummies brand—now updated with the latest information on the topic. Inside, you'll find an easy-to-follow introduction to the global/ForEx market that explains its size, scope, and players; a look at the major economic drivers that influence currency values; and the lowdown on how to interpret data and events like a pro. Plus, you'll discover different types of trading styles and make a concrete strategy and game plan before you act on anything. Covers currency trading conventions and tools Provides an insider's look at key characteristics of successful currency traders Explains why it's important to be organized and prepared Offers guidance on trading pitfalls to avoid and risk management rules to live by Whether you're just getting started out in the foreign exchange market or an experienced trader looking to diversify your portfolio, Currency Trading For Dummies sets you up for trading success.

Book Currency Trading For Dummies (For Dummies (Business & Personal Finance)) Review :



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.
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.

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