Just a decade ago, the Foreign Exchange was a market reserved for a select few. Now, anyone can actively trade in this profitable market--even those with no formal financial education. Enter James Dicks, a leading FOREX expert and educator who cut his teeth in this burgeoning market and wants to share his years of experienced wisdom with you.
"FOREX Trading Secrets" is a one-stop sourcebook packed with everything a trader needs to quick-start success in a 24-hour market. In addition to covering every fundamental aspect of the FOREX, this hands-on guide provides hard-won tools and strategies from a seasoned trader, who helps you minimize your exposure to the inherent risk in this unique market.
A useful volume you'll turn to again and again, FOREX Trading Secrets features specific examples of proven trading strategies working in the real world, a simple and profitable technique for money management, and confidence-building skills for creating your own source of income.
If you have never traded the FOREX before, "FOREX Trading Secrets" is the place to start. It covers the essential basics, including all major currency pairs, the mechanics of trading, how to place a trade, and deciding what type of trader you are. Experienced traders gain expert insight into the fundamentals, as well as such advanced topics as creating a successful trading plan, managing risk, mastering your emotions, and building your portfolio. You will benefit from An insider's clarification of the Carry Trade Seeing technical indicators and patterns through a master's eyes The secrets to FOREX diversification A detailed explanation of the author's personal trading approach A Trader's Ten Commandments
There is no holy grail of FOREX trading, but with "FOREX Trading Secrets," all you need is practice to build a powerful trading toolbox for wealth security in the world's biggest financial market.
1. What You Must Know to Get Started
2. Major Currencies and Pairs
3. Anyone Can Learn the Forex
4. Preparing Yourself Adequately Before Jumping Into the Markets
5. The Secret to Making Money
6. How to Keep Your Profits
7. Mastering Emotions
8. Mind Over Matter for Huge Profits
10. Technical Indicators
11. Technical Patterns
12. Support and Resistance
13. Automated Trading
14. Secrets to Forex Diversification
15. My Favorite Ways to Trade
16. An Endless Quest to the Holy Grail
Series: Professional Finance & Investment
Number Of Pages: 304
Published: 14th January 2010
Publisher: McGraw-Hill Education - Europe
Country of Publication: US
Dimensions (cm): 23.7 x 16.4
Weight (kg): 0.62
Edition Number: 1