There is a certain progression of things every new trader must learn before going into the live market with real money. This book tells the beginner Forex trader with no knowledge what to learn first and foremost so you can be successful and start making money right away. This book as an introduction for brand new Forex investors and swing traders who have zero or very limited knowledge about what to do or what to study to get started in trading in the currency markets. This book gives you clear concise information it would take you years to find out on your own before you could begin to have any chance at making a real income from the live markets. The live markets are not for the weak minded or untrained and should you decide to go in there unprepared or under prepared only one thing will happen, you’ll get FUBAR. Don’t be that trader! If you are already having great success in the live markets trading with real money I encourage you to continue doing what you are doing that is successful for you. This book is specifically written for brand new traders to give them the very first basic knowledge they need to get started trading in the Forex markets. To drive your own money train takes a lot of training and education. This short book will give the beginner trader a basic start on getting your money train driver’s license. There is a bonus section at the end of this book where there are some great tips to help you get started trading on demo. There are also some frequently asked questions with honest answers for brand new Forex swing traders as well as some great extra links to go further into the required education needed to become consistently profitable on a daily basis. When you are done reading this book you will have an excellent basic explanation of what and what not to do before you even study anything or do any kind of education for trading Forex. The information in this book will put you on the fast track to becoming a successful self-directed currency investor and Forex trader.

Your plain-English guide to currency trading Currency Trading For Dummies is a hands-on, user-friendly guide that explains how the foreign exchange (ForEx) market works and how you can become a part of it. Currency trading has many benefits, but it also has fast-changing financial-trading avenues. ForEx markets are always moving. So how do you keep up? With this new edition of Currency Trading For Dummies, you'll get the expert guidance you've come to know and expect from the trusted For Dummies brand—now updated with the latest information on the topic. Inside, you'll find an easy-to-follow introduction to the global/ForEx market that explains its size, scope, and players; a look at the major economic drivers that influence currency values; and the lowdown on how to interpret data and events like a pro. Plus, you'll discover different types of trading styles and make a concrete strategy and game plan before you act on anything. Covers currency trading conventions and tools Provides an insider's look at key characteristics of successful currency traders Explains why it's important to be organized and prepared Offers guidance on trading pitfalls to avoid and risk management rules to live by Whether you're just getting started out in the foreign exchange market or an experienced trader looking to diversify your portfolio, Currency Trading For Dummies sets you up for trading success.

The Universal Principles of Successful Trading clearly and unambiguously articulates trading principles that distinguish the winners from the losers. Though trading can be performed in different markets, across different timeframes, and with different instruments based upon different techniques, there is one common thread that ties all winning traders together: the universal principles of successful trading. All consistently profitable traders adhere to them regardless of the markets, timeframes, and techniques. In this ground-breaking book from top trader, Brent Penfold, the reader will: Learn how to develop a trading plan Learn how to identify and create an effective methodology Discover successful money management strategies Understand trader psychology And many more exciting trading and strategies secrets. Supporting the universal principles are rare interviews from a diverse group of successful traders. Some are the new young guns of trading and others are market legends who are trading just as actively today as they were over 50 years ago. They represent a diverse group of traders from the United Kingdom, America, Singapore, Hong Kong, Italy, and Australia. All of them have generously agreed to offer the reader one singularly powerful piece of advice to help them towards their trading goals. Each piece of advice emphasizes an essential element of the universal principles. This timely and exciting book from Brent Penfold has already garnered many accolades and looks set to become a modern-day classic.

Solid Forex strategies for capturing profits in today's volatile markets How to Make a Living Trading Foreign Exchange puts the world of Forex at your fingertips. Author Courtney Smith begins with an introduction to the Forex market-what it is and how it works. He then delves into six moneymaking techniques for trading Forex, including his unique Rejection Rule that doubles the profit of basic channel breakout systems. In addition to two specific methods for exiting positions at critical levels, Smith also discusses powerful risk management techniques and successful trading psychology strategies that will keep you one step ahead of the game. Reveals the secrets of the Forex market and how to create a lifetime of income trading it Offers advice on maximizing profits during the volatile swings that have increasingly become the norm Other titles by Smith: Option Strategies, Third Edition, Seasonal Charts For Futures Traders, Commodity Spreads, and Profits Through Seasonal Trading Make more from today's Forex market with How to Make a Living Trading Foreign Exchange.

Play the forex markets to win with this invaluable guide to strategy and analysis Day Trading and Swing Trading the Currency Market gives forex traders the strategies and skills they need to approach this highly competitive arena on an equal footing with major institutions. Now in it's third edition, this invaluable guide provides the latest statistics, data, and analysis of recent events, giving you the most up-to-date picture of the state of the fast-moving foreign exchange markets. You'll learn how the interbank currency markets work, and how to borrow strategy from the biggest players to profit from trends. Clear and comprehensive, this book describes the technical and fundamental strategies that allow individual traders to compete with bank traders, and gives you comprehensive explanations of strategies involving intermarket relationships, interest rate differentials, option volatilities, news events, and more. The companion website gives you access to video seminars on how to be a better trader, providing another leg up in this competitive market. The multi-billion-dollar foreign exchange market is the most actively traded market in the world. With online trading platforms now offering retail traders direct access to the interbank foreign exchange market, there's never been a better time for individuals to learn the ropes of this somewhat secretive area. This book is your complete guide to forex trading, equipping you to play with the big guys and win—on your own terms. Understand how the foreign currency markets work, and the forces that move them Analyze the market to profit from short-term swings using time-tested strategies Learn a variety of technical trades for navigating overbought or oversold markets Examine the unique characteristics of various currency pairs Many of the world's most successful traders have made the bulk of their winnings in the currency market, and now it's your turn. Day Trading and Swing Trading the Currency Market is the must-have guide for all foreign exchange traders.

A Step by Step Guide to Becoming a Successful Forex Trader This book contains proven steps and strategies to becoming a successful Forex trader. The first occurrence of currency trading and exchange can be traced back to ancient times, where money was used as a crucial means of buying and selling items such as food, jewelry and raw materials. Sometimes in the process of this exchange commission was charged for goods and services sold on credit. Fast forward to today and we see how the currency exchange has turned into what is now known as the forex market which has grown and developed significantly, enabling countries with powerful economies to trade large volumes of goods and services with each other. But throughout its development, the air of complexity surrounding the market has created a barrier for many people to understand how to participate in trading successfully for financial gain. Many investment experts advise new traders against trading foreign currencies because of the level of risk involved. A new trader could potentially wipe out their account with just one bad trade. In this book, you will gain sound knowledge about the various steps needed as a guide to making successful trading decisions and actions. With these easy to follow steps, you will be well on your way to becoming a successful trader. However, keep in mind that there is no easy way to success. If you want to be successful, you have to spend time learning, understanding, applying and fine tuning your trading strategies while teaching yourself how to keep your emotions at bay so that you do not make detrimental decisions. Here Is A Preview Of What You'll Learn: Determining Financial Goals and Trading Style Selecting a Broker that Matches Your Criteria Choosing a Trading Methodology Choosing Different Time Frames in Trading Foreign Currencies Computing for the Expectancy Focusing on the Trades Using Positive Feedback Loops Analysing Performance Weekly Download your kindle copy or purchase on paperback today!

This currency trading book provides readers with real, practical information on how to trade the foreign exchange market effectively. It begins by covering introductory information on the forex market, including basic trading mechanics and the benefits of forex trading, and then goes on to describe specific currency trading methods and skills in step-by-step detail. This includes highly practical information on technical and fundamental analysis, risk and money management, and powerful forex trading strategies. These strategies have proven extremely effective in helping traders play the forex game to win. JAMES CHEN, CTA, CMT (Montville, NJ) is Chief Technical Strategist at FX Solutions, a leading foreign exchange broker. An expert on forex trading and technical analysis, he is also a registered Commodity Trading Advisor (CTA) and a Chartered Market Technician (CMT). Mr. Chen writes daily currency analysis, leads forex trading seminars, and has authored numerous articles on currency trading strategy and technical analysis for major financial publications. These include Forbes.com, Futures Magazine, Technical Analysis of Stocks and Commodities Magazine, and Stocks, Futures and Options (SFO) Magazine.