Forex Trading: The Basics Explained in Simple Terms
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.
My knowledge of currency trading extends over a 13 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.
Here is a preview of what is included:
What is Forex?
Why 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
And ….. I will also provide you with a FREE Bonus Trading System
Don’t hesitate to buy this book today while it’s on promotional special for only $0.99! Get started and gain a basic understanding of how it all works, before you jump into Forex Trading.
