Trade currencies like a seasoned pro with this friendly, fact-filled guide to the forex market
Over $6 trillion changes hands in the foreign exchange market every day. You can jump straight into the action with expert guidance from the hands-on Currency Trading For Dummies. You'll learn how the foreign exchange market works, what factors influence currency values, and how to understand financial data. When you're ready to create your own game plan for trading currencies, you'll be able to build it around your investment objectives, experience level, and risk appetite. You'll also find details on the latest trends in currency trading, including currency ETFs, cryptocurrencies, and currency options.
From essential newcomer knowledge to advanced positioning advice, Currency Trading For Dummies offers straightforward instruction that helps you:
* Source data and market intelligence, employ technical analysis, and use the latest tech to find the most lucrative trading opportunities
* Understand the most recent Securities and Exchange Commission (SEC) rules and regulations governing currency trading
* Avoid common pitfalls and mistakes made by novice and experienced currency traders
* Recognize profitable opportunities in the world of ETFs, currency options, and cryptocurrencies
Successful currency trading is within your grasp. This accessible roadmap to trading mastery provides the foundational knowledge you need to create a structured, winning strategy and conquer the forex market.
Trade currencies like a veteran forex guru
Do you want to get in on the $6 trillion of daily action on the forex market? In Currency Trading For Dummies, you'll find an everyman's guide to participating-and profiting-in the currency markets. Leave the confusing jargon behind and discover everything from essential advice for newcomers to advanced positioning techniques as you create a plan that's built around your objectives, experience level, and risk appetite. You'll also learn to recognize lucrative opportunities in alternatives to forex, like exchange-traded funds, options, and cryptocurrencies!
Inside...
- Understand currency rates
- Go around the world in a trading day
- Meet the main forex players
- Build a currency trading plan
- Use technical and fundamental data
- Check out major and minor currency pairs
- Look at forex alternatives
