This book is for those of you who are just starting to consider trading Forex but don’t know where to start, given the abundance of information on the internet. It is THE first book to read to have an understanding of the very basics. I have deliberately kept the explanations simple and straightforward so everyone can understand it.
Here is a preview of what is included:
- What is Forex?
- Advantages to Trading Forex
- When is the Forex Market Open?
- Forex Pairs - What do the numbers mean?
- Where Do We Trade Forex?
- What About Choosing a Broker?
- Important Information for US based Traders
- Lot Size and Equivalent Pip Value
- Information on Risk
- News and Fundamental Analysis
- Technical Analysis
- Risk-Reward Ratio
- Types of Orders
- How Many Pips is Enough?
- Trading Psychology
- Day Trading or Longer Term Trading?
- Keeping a Journal or Diary
Get started now, and gain a basic understanding of how it all works with this book, BEFORE you jump into the world of Forex Trading.