The Sensible Guide to Forex

The Sensible Guide to Forex PDF Author: Cliff Wachtel
Publisher: John Wiley & Sons
ISBN: 1118158075
Category : Business & Economics
Languages : en
Pages : 448

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Book Description
FXstreet.Com’s 2013 Best Book Award! The Sensible Guide to Forex: Safer, Smarter Ways to Survive and Prosper from the Start is written for the risk averse, mainstream retail investor or trader seeking a more effective way to tap forex markets to improve returns and hedge currency risk. As the most widely held currencies are being devalued, they're taking your portfolio down with them—unless you're prepared. For traders, the book focuses on reducing the high risk, complexity, and time demands normally associated with forex trading. For long-term investors, it concentrates on how to hedge currency risk by diversifying portfolios into the strongest currencies for lower risk and higher capital gains and income. The usual forex materials don't provide practical answers for most retail traders or longer term investors. Virtually all forex trading materials focus on time-consuming, high-leverage, high-risk methods at which most traders fail. Materials about long-term investing in foreign assets rarely take into account the prospects of the related currency. A falling currency can turn an otherwise good investment into a bad one. Throughout the book, the emphasis is on planning and executing only low risk, high potential yield trades or investments and avoiding serious losses at all costs. Packed with richly illustrated examples every step of the way and including additional appendices and references to online resources, the book is the ultimate guide to forex for retail traders and investors seeking to tap forex markets for better currency diversification and income. Provides traders with safer, smarter, less complex and time-consuming ways to trade forex with higher odds of success. These include the use of such increasingly popular new instruments like forex binary options and social trading accounts that mimic expert traders. Shows investors how to identify the currencies most likely to hold or increase their value, and provides a wealth of ideas about how to apply that knowledge to a long-term, low-maintenance portfolio for both income and capital appreciation. Helps anyone seeking an asset class with low correlation to other markets by explaining how the very nature of forex markets means that regardless of market conditions there's always a playable trend somewhere, regardless of what other asset markets are doing, and how to find and exploit it for a short-term trade or a long-term investment in a currency pair, stock, bond, or other asset The Sensible Guide to Forex is only book that teaches mainstream risk averse investors and traders how to build a portfolio that’s diversified by currency exposure as well as by asset class and sector, via a variety of safer, simpler methods to suit different needs, risk tolerances, and levels of expertise. Written by Cliff Wachtel, a 30+ year financial market writer, advisor, and analyst, The Sensible Guide to Forex offers practical solutions to the above dilemmas faced by every serious, prudent investor. A must own for any informed investor-but don’t take out word for it - see advanced reviews at: http://thesensibleguidetoforex.com/review/

The Sensible Guide to Forex

The Sensible Guide to Forex PDF Author: Cliff Wachtel
Publisher: John Wiley & Sons
ISBN: 1118158075
Category : Business & Economics
Languages : en
Pages : 448

Get Book

Book Description
FXstreet.Com’s 2013 Best Book Award! The Sensible Guide to Forex: Safer, Smarter Ways to Survive and Prosper from the Start is written for the risk averse, mainstream retail investor or trader seeking a more effective way to tap forex markets to improve returns and hedge currency risk. As the most widely held currencies are being devalued, they're taking your portfolio down with them—unless you're prepared. For traders, the book focuses on reducing the high risk, complexity, and time demands normally associated with forex trading. For long-term investors, it concentrates on how to hedge currency risk by diversifying portfolios into the strongest currencies for lower risk and higher capital gains and income. The usual forex materials don't provide practical answers for most retail traders or longer term investors. Virtually all forex trading materials focus on time-consuming, high-leverage, high-risk methods at which most traders fail. Materials about long-term investing in foreign assets rarely take into account the prospects of the related currency. A falling currency can turn an otherwise good investment into a bad one. Throughout the book, the emphasis is on planning and executing only low risk, high potential yield trades or investments and avoiding serious losses at all costs. Packed with richly illustrated examples every step of the way and including additional appendices and references to online resources, the book is the ultimate guide to forex for retail traders and investors seeking to tap forex markets for better currency diversification and income. Provides traders with safer, smarter, less complex and time-consuming ways to trade forex with higher odds of success. These include the use of such increasingly popular new instruments like forex binary options and social trading accounts that mimic expert traders. Shows investors how to identify the currencies most likely to hold or increase their value, and provides a wealth of ideas about how to apply that knowledge to a long-term, low-maintenance portfolio for both income and capital appreciation. Helps anyone seeking an asset class with low correlation to other markets by explaining how the very nature of forex markets means that regardless of market conditions there's always a playable trend somewhere, regardless of what other asset markets are doing, and how to find and exploit it for a short-term trade or a long-term investment in a currency pair, stock, bond, or other asset The Sensible Guide to Forex is only book that teaches mainstream risk averse investors and traders how to build a portfolio that’s diversified by currency exposure as well as by asset class and sector, via a variety of safer, simpler methods to suit different needs, risk tolerances, and levels of expertise. Written by Cliff Wachtel, a 30+ year financial market writer, advisor, and analyst, The Sensible Guide to Forex offers practical solutions to the above dilemmas faced by every serious, prudent investor. A must own for any informed investor-but don’t take out word for it - see advanced reviews at: http://thesensibleguidetoforex.com/review/

The Forex Trading Manual: The Rules-Based Approach to Making Money Trading Currencies

The Forex Trading Manual: The Rules-Based Approach to Making Money Trading Currencies PDF Author: Javier Paz
Publisher: McGraw Hill Professional
ISBN: 0071782931
Category : Business & Economics
Languages : en
Pages : 256

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Book Description
A leading educator makes Forex investing as easy as driving a car In The Forex Trading Manual, Javier Paz provides easy-to-understand examples of long- and short-term strategies, best practices for navigating the economic calendar, and applications for trading a variety of currencies. To make this complex subject simple, he draws analogies between the different steps of trading in this market to the steps of turning on and driving a car. You’ll learn: Need-to-know facts about the Forex market Effective trading strategies Ways to build a coherent Trading Plan Everything you need to know about return on investment and risk Javier Paz founded formed FXBriefing, a boutique research firm serving institutional investors, corporate finance officials, and members of governments. In 2007, he launched ForexDatasource.com, which helps Forex traders make better choices. Paz is the creator of the FX Hound and mktNus fx technology, the broker dealer ranking methodology, and of forecasting models such as the Fundamental Market Value (FMV) of currencies.

The Little Book of Currency Trading

The Little Book of Currency Trading PDF Author: Kathy Lien
Publisher: John Wiley & Sons
ISBN: 1118018419
Category : Business & Economics
Languages : en
Pages : 229

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Book Description
An accessible guide to trading the fast-moving foreign exchange market The foreign exchange market, or forex, was once dominated by global banks, hedge funds, and multinational corporations, but that has all changed with Internet technology and the advent of online forex brokers. Now, hundreds of thousands of traders and investors around the world can participate in this profitable field. Written by forex expert Kathy Lien, The Little Book of Currency Trading will show you how to effectively invest and trade in today's biggest market. Page by page, she describes the multitude of opportunities possible in the forex market, from short-term price swings to long-term trends, and details practical products that can help you achieve success, such as currency-based ETFs. Explains the forces that drive currencies and provides strategies to profit from them Reveals how you can use various currencies to reduce risk and take advantage of global trends Examines financial vehicles that can help you make money without having to monitor the market every day The Little Book of Currency Trading opens the world of currency trading and investing to anyone interested in entering this dynamic arena.

The Art of Currency Trading

The Art of Currency Trading PDF Author: Brent Donnelly
Publisher: John Wiley & Sons
ISBN: 1119583551
Category : Business & Economics
Languages : en
Pages : 420

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Book Description
Now you can master the art of foreign exchange trading While most currency trading and foreign exchange books focus on international finance theory or simplistic chart-based strategies, The Art of Currency Trading is a comprehensive guide that will teach you how to profitably trade currencies in the real world. Author Brent Donnelly has been a successful interbank FX trader for more than 20 years and in this book, he shares the specific strategies and tactics he has used to profit in the forex marketplace. The book helps investors understand and master foreign exchange trading in order to achieve sustainable long-term financial success. The book builds in intensity and depth one topic at a time, starting with the basics and moving on to intermediate then advanced setups and strategies. Whether you are new to currency trading or have years of experience, The Art of Currency Trading provides the information you need to learn to trade like an expert. This much-needed guide provides: an insider’s view of what drives currency price movements; a clear explanation of how to combine macro fundamentals, technical analysis, behavioral finance and diligent risk management to trade successfully; specific techniques and setups you can use to make money trading foreign exchange; and steps you can take to better understand yourself and improve your trading psychology and discipline. Written for currency traders of all skill levels, international stock and bond investors, corporate treasurers, commodity traders, and asset managers, The Art of Currency Trading offers a comprehensive guide to foreign exchange trading written by a noted expert in the field.

The Forex Chartist Companion

The Forex Chartist Companion PDF Author: Michael D. Archer
Publisher: John Wiley & Sons
ISBN: 0470116366
Category : Business & Economics
Languages : en
Pages : 320

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Book Description
THE FOREX CHARTIST COMPANION The foreign exchange (Forex) market has quickly become the market of choice for traders looking to increase their profit potential. The combination of high liquidity and low transaction costs-as well as twenty-four-hour accessibility-has attracted the attention of both new and veteran traders. In The Forex Chartist Companion, authors and active Forex traders Michael Archer and James Bickford provide a visual window into the behavior of the Forex market along with detailed information on the mechanics of day trading, market entry timing, and much more. With this book as your guide, you'll not only become familiar with innovative software and charting systems that provide a graphical interpretation of the markets, but you'll also discover how to instantly see patterns throughout those markets. Divided into six comprehensive parts, The Forex Chartist Companion: Details Forex-specific charting techniques Illustrates the use of point and figure charting in conjunction with Forex trading Explores Forex swing charting Outlines a variety of Western and Japanese reversal charts-from pivot charts to Kagi charts Examines the actual trading system of veteran futures guru Charles Goodman Filled with numerous charts-annotated with Archer's insight into the material-and in-depth information regarding charting theory, The Forex Chartist Companion will help serious traders use technical indicators to enter this market with confidence and exit with profits.

Stocks And Forex Trading: How To Win

Stocks And Forex Trading: How To Win PDF Author: Daryl Guppy
Publisher: World Scientific
ISBN: 9811236887
Category : Business & Economics
Languages : en
Pages : 213

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Book Description
Dreaming of becoming a successful trader? Daryl Guppy and Karen Wong show you the steps that will allow you to turn part-time trading into a successful income stream.Wong's unique approach uses a stock exchange-based Trading Game simulation as an arena for stress testing trading ideas before risking real cash. This is a serious training method. Wong reveals the essential lessons underpinning survival and success in modern trading markets. She shows how sensible use of derivatives like contract for differences (CFD) enhance returns from trading ideas. Wong takes you through the steps she followed to turn an ambition into a reality. Based on her experience, using Guppy trading methods and her own trading methods, she shows mistakes to avoid and some shortcuts to success.Guppy shows how to adapt your stock trading skills to trading the foreign exchange (Forex) market using methods suitable for a part-time trader. This includes a full explanation of a trading approach for Forex, commodities, and indices. This new trading method identifies high probability trades with well-defined exit targets. This method is designed for time-poor traders who want to limit time risk in the market.Guppy and Wong explain how charting and technical analysis methods are easily applied to improve trade identification, trade management, and profit taking. The discussion is illuminated with real trades so you can identify the features of success, and also the warning signs of failure.Modern markets call for a new mixture of trade methods to make the best use of new trading instruments like CFDs and the increasingly accessible Forex market. You can trade part-time and make a decent second income. Guppy and Wong give you the benefit of their experience and the tools to make this dream a reality.Related Link(s)

The Forex Options Course

The Forex Options Course PDF Author: Abe Cofnas
Publisher: John Wiley & Sons
ISBN: 0470466200
Category : Business & Economics
Languages : en
Pages : 240

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Book Description
The Forex Options Course is a practical, hands-on guide to understanding and trading forex options. Designed to build a trader's knowledge base in a step-by-step manner, this reliable resource moves from the straightforward to the more sophisticated with discussions of everything from basic plain vanilla calls and puts to intriguing first-generation exotic binary options. Written in a straightforward and accessible style, The Forex Options Course will help you develop the skills and strategies needed to succeed in today's dynamic forex market.

An Introduction to Forex Trading - A Guide for Beginners

An Introduction to Forex Trading - A Guide for Beginners PDF Author:
Publisher: Matthew Driver
ISBN: 1301479810
Category :
Languages : en
Pages :

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Book Description
'An Introduction to Forex Trading - A Guide for Beginners' is a great reference book for anyone wanting to learn to trade the Forex (Foreign Exchange) Markets. It introduces a wide range of Forex trading topics, and condenses a wealth of trading knowledge into relatively short, easy to read sections. Includes useful examples, ideas and trading strategies. The book has been written with novice traders in mind, but would equally be ideal for anyone who has recently started trading and would like to increase their trading knowledge. Topics covered include: Forex Essentials; Analysing the Forex Market; Forex Charts; Technical Trading Techniques; Common Chart Patterns; Moving Averages; Indicators & Oscillators; Fibonacci; Trading Cycles; Advanced Chart Patterns; Time-frames; Trading Strategy; Carry Trades; and, Trading Systems. 'A great reference tool for anyone wanting to learn how to trade the Forex Markets' 'Just the right amount of information to get anyone started with Forex trading' 'A really useful Forex guide'

A Trader's First Book on Commodities

A Trader's First Book on Commodities PDF Author: Carley Garner
Publisher: FT Press
ISBN: 0137061021
Category : Business & Economics
Languages : en
Pages : 262

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Book Description
You can make large profits by trading commodities--but you’ll need significant practical knowledge of the associated risks and market characteristics before you start. A Trader’s First Book on Commodities is a simple, practical and useful guide for new commodities traders. Author Carley Garner provides specific guidance on accessing commodity markets cost-effectively, avoiding common beginners’ mistakes, and improving the odds of successful, profitable trades. Drawing on her extensive experience teaching traders, Garner shows how to calculate profit, loss, and risk in commodities, and choose the best brokerage firm, service level, data sources, and market access for your needs. She’ll help you: · Master the basics of trading commodities painlessly, avoiding beginners mistakes · Get what you need, and prevent paying for what you don’t need · Know what you’re buying, what it costs, the returns you’re earning and the risk you’re taking · Predict price, manage risk, and make trades that reflect your analysis Garner demystifies the industry’s colorful language, helps you clearly understand what you’re buying and selling, and walks you through the entire trading process. She concludes with a refreshingly new look at topics such as trading plans, handling margin calls, and even maintaining emotional stability as a trader. “This book provides the type of information every trader needs to know and the type of information too many traders had to learn the hard and expensive way. Carley offers practical need-to-know, real-world trading tips that are lacking in many books on futures. It will help not only the novice trader, but seasoned veterans as well. This book will serve as a must-have reference in every trader’s library.” --Phil Flynn, Vice President and Senior Market analyst at PFGBest Research, and a Fox Business Network contributor “Refreshing–It’s nice to see a broker who has actually been exposed to the professional side of trading and who bridges that chasm between exchange floor trading and customer service. Carley takes the time to explain verbiage, not just throw buzz words around. A good educational read in my opinion.” --Don Bright, Director, Bright Trading, LLC “This book has the perfect name, the perfect message, and the necessary information for any beginning trader. Take this book home!” --Glen Larson, President, Genesis Financial Technologies, Inc. “As a 35-year veteran of the CME/CBOT trading floor, I can tell you…those who think they can begin trading commodities without knowing the less talked about topics that Carley discusses in A Trader’s First Book on Commodities are sadly mistaken. Anyone who trades their own account, or would like to, should read this book.” --Danny Riley, DT Trading

FX Derivatives Trader School

FX Derivatives Trader School PDF Author: Giles Jewitt
Publisher: John Wiley & Sons
ISBN: 1119096472
Category : Business & Economics
Languages : en
Pages : 624

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Book Description
An essential guide to real-world derivatives trading FX Derivatives Trader School is the definitive guide to the technical and practical knowledge required for successful foreign exchange derivatives trading. Accessible in style and comprehensive in coverage, the book guides the reader through both basic and advanced derivative pricing and risk management topics. The basics of financial markets and trading are covered, plus practical derivatives mathematics is introduced with reference to real-world trading and risk management. Derivative contracts are covered in detail from a trader's perspective using risk profiles and pricing under different derivative models. Analysis is approached generically to enable new products to be understood by breaking the risk into fundamental building blocks. To assist with learning, the book also contains Excel practicals which will deepen understanding and help build useful skills. The book covers of a wide variety of topics, including: Derivative exposures within risk management Volatility surface construction Implied volatility and correlation risk Practical tips for students on trading internships and junior traders Market analysis techniques FX derivatives trading requires mathematical aptitude, risk management skill, and the ability to work quickly and accurately under pressure. There is a tremendous gap between option pricing formulas and the knowledge required to be a successful derivatives trader. FX Derivatives Trader School is unique in bridging that gap.