What is The Forex Market?.
Foreign exchange is the act of changing one country's currency into another country's currency for a variety of reasons, usually for tourism or commerce. Although it doesn't get as much media attention as the stocks or bonds markets, the foreign exchange market (more commonly known as "forex" of “FX”) is the largest financial market in the world.
If it is, this audiobook will tell you how to get started, how to make money, how to avoid losing money, and a lot of the technical information you'll need. Have you tried investing books before, only to discover that after listening and re-listening, implementing all of the recommended steps and giving it your all, you still feel a little stuck?
Inside this book you will find easy-to-understand, detailed information, tutorials, and advice for how to make intelligent decisions for where to place your money so that your money can work for you. This is an incredible value for your money! Lots of useful information and tips for beginners about the universe of Forex trading in one consolidated book! Become a serious investor, on a rational and informed basis. I am not promising miracles.
I am offering you a serious path, based on clear information, restraint, and emotional self-control, to becoming a serious investor, on a rational and informed basis. The right mindset is the key. It's a tough market to master - but not as tough as people think. Currency Kings provides the keys anyone can use to unlock the enormous potential of FX. FX guru Ben Robson walks you through the process of 1 developing a sound strategy, 2 creating a competitive edge, 3 scaling your efforts, and 4 managing risk.
It's a simple, commonsense approach. And it works incredibly well. In this book you will learn a powerful strategy for trading momentum stocks: You will learn exactly when to buy a stock, when to take profits, and when to exit a losing trade. Even if you know nothing at all about trading stocks, this guide will quickly bring you up to speed. It will teach you everything you need to know to profit from momentum stocks - and to avoid getting wiped out.
The ultimate guide on day trading has finally arrived! While anyone can make a few trades per day, and maybe even find some success while doing so, if you are interested in day trading on a serious level, then there are many distinctive characteristics and traits that you should strive to embody on a regular basis.
Likewise, there are certain strategies you should know in order to give yourself a fighting chance. If you are interested in doing more than simply surviving in the world of day trading, if you are looking to truly thrive, then Day Trading: The Ultimate Guide to Day Trading , is the book that you have been waiting for.
Trading is a battle between you and the market. And while you might not be a financial professional, that doesn't mean you can't win this battle. Through interviews with twelve ordinary individuals who have worked hard to transform themselves into extraordinary traders, Millionaire Traders reveals how you can beat Wall Street at its own game.
Filled with in-depth insights and practical advice, this book introduces you to a dozen successful traders - some who focus on equities, others who deal in futures or foreign exchange - and examines the paths they've taken to capture considerable profits. This bundle is a trio of Andrew Johnson's masterpieces on forex which includes Forex: A Beginner's Guide to Forex: Uncover the Secrets of Forex ; Forex: The Ultimate Guide to Forex: Strategies on How to Excel at Forex Trading: When it comes to generating the maximum amount of return for the minimal amount of investment, the forex market is always going to be the best choice.
The amount of leverage it is possible to achieve in the forex market simply can't be beaten elsewhere. That doesn't mean it is a sure thing, however, which is why it is extremely important to be aware of the best forex trading strategies as well as how to utilize them to increase your chances of trading success as much as possible.
If you are familiar with the basics of forex trading and are looking for a way to take your profits to the next level, then Forex: Quick Starters Guide to Forex Trading is the book you have been waiting for.
It is a compilation of Andrew Johnson's forex masterpieces. This book will provide you will all the tools you need to stop second-guessing yourself when it comes to determining if a potential trade is going to take you to where you need to be.
It doesn't matter what your preferred level of risk is, where your current skill level is at or what length of time you prefer to trade, this book has you covered. Inside you will find:.
What did you love best about Forex: Quick Starters Guide to Forex Trading? What I like best about Johnson's book is that he keeps his information consistent and presents his strategies in an easy to follow way.
What was one of the most memorable moments of Forex: One memorable moment from this book is learning about the history of Forex as a whole. Which character — as performed by Dean Eby — was your favorite? Was this a book you wanted to listen to all in one sitting? Yes, I found this book to captivate my attention easily and it was hard to put down. In this part two series titled Forex: Quick Starters Guide to Start Forex Trading Andrew Johnson provides a unique starter guide to stock trading in the foreign exchange markets.
The premise of this read is to pose the idea of investing a small amount of money into the forex market and turning it into a highly valuable profit. Anyone who is interested in foreign market exchange should pick up this book as an easy guide to get started in learning the basics. This can vary extensively from one broker to another. Another key feature to look for is a demo account. What this means is that you can practise trading using virtual funds before you risk your own money.
Once you have mastered the basics, got familiar with the platform and feel confident that you know what you are doing you can then start to trade. To further enhance your Forex education, look to see what education tools are available from the broker. You also need to ensure that the platform is compatible with your mobile device.
Once you have selected a broker and opened an account, you can then choose the pairs you want to trade and start your Forex experience. When it comes to Forex trading there are many currency pairs to choose from. Some brokers will offer you the chance to trade in an extensive range including what are termed as the Majors, Minors and Exotics, whereas some brokers offer just the major pairs. The Minor and Exotic pairs refer to currencies that are less common. With these minor and exotic pairs the spread tend to be larger.
With major currencies, they can be easier to predict but the spreads are often smaller. When you start trading you may want to try the pairs that you are familiar with and those that you feel are easier to predict the outcome of. Once you have gained some experience you can choose to cast your net a bit wider and start looking at other currencies. Like anything you are keen to understand how to make a profit.
There are many tips that you can follow but in the first instance it is wise to learn more about the Forex market.
You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed in any material on this website. The past performance of any trading system or methodology is not necessarily indicative of future results. Forex, Futures, and Options trading has large potential rewards, but also large potential risks.
The high degree of leverage can work against you as well as for you. You must be aware of the risks of investing in forex, futures, and options and be willing to accept them in order to trade in these markets. Forex trading involves substantial risk of loss and is not suitable for all investors.
Please do not trade with borrowed money or money you cannot afford to lose. Any opinions, news, research, analysis, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice.
We will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. Please remember that the past performance of any trading system or methodology is not necessarily indicative of future results.
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You should never trade money that you cannot afford to lose.
Don't trade with money you can't afford to lose.