Forex Trading: The Basics Explained in Simple Terms (Bonus System incl. videos) (Forex, Forex for Beginners, Make Money Online, Currency Trading, Foreign Exchange, Trading Strategies, Day Trading)
Book Details
Author(s)Jim Brown
ISBN / ASINB015VQCGFE
ISBN-13978B015VQCGF4
Sales Rank37,731
MarketplaceUnited States 🇺🇸
Description
Forex Trading: The Basics Explained in Simple Terms
My knowledge of currency trading extends over a 14 year period and has evolved from the old fashioned manual charting when I first started in 2002, to trading on multiple screens and entering the arena of automated trading. During this time, I have developed and shared many trading systems for free, and I have also assisted many new Traders through my various blogs and forum participation.
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










