Getting Started in Currency Trading: Winning in Today's FOREX Market - Softcover

Archer, Michael D.

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9780470602126: Getting Started in Currency Trading: Winning in Today's FOREX Market

Softcover

ISBN 10: 0470602120 ISBN 13: 9780470602126

Publisher: John Wiley & Sons Inc, 2010

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An accessible introduction to trading currencies

While the Foreign Exchange (Forex) market can be a very profitable place, you must have a firm understanding of how to operate within this environment if you intend on achieving any success.

That's why you need Getting Started in Currency Trading, Third Edition. This reliable resource-written for both newcomers and those with some Forex experience-puts trading world currencies in perspective, and shows you exactly what it takes to make it in this field.

Guides you through the process of opening your own account as well as the actual placing and managing of currency orders
Offers specific trading strategies and tactics
A companion Web site will provide updates on brokers and FOREX services; an author's Blog will answer your questions about all aspects of trading
Includes a new chapter on Forex trading platforms
The often confusing FOREX calculations are reduced to handy computer-side tables

On the heels of the recent market crash, this fully revised Third Edition is filled with in-depth insights and practical advice that takes into account all of the recent changes in the currency market and shows you how to profit from them.

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From the Back Cover:

The Foreign Exchange market (Forex) is now more than a $4 trillion-a-day financial market. Its tremendous growth and ease of accessibility have attracted the interest of many traders. But in order to excel in this arena, you have to have a firm understanding of how to operate within it.

That's why Michael Duane Archer has returned with the Third Edition of Getting Started in Currency Trading. This reliable resource—written for both newcomers and those with some Forex experience—puts the world of Forex at your fingertips and shows how to tap into this market's incredible potential. Divided into six comprehensive parts, it:

Guides you through the process of opening your own account as well as the actual placing and managing of currency orders
Discusses specific trading strategies and tactics, and addresses the advantages and disadvantages of fundamental and technical analysis
Includes a new chapter on Forex trading platforms
Reduces often-confusing Forex calculations to handy computer-side tables
Details the psychology of trading and how to successfully manage the stresses that may accompany this endeavor
Features a companion Web site providing updates on brokers and Forex services

On the heels of the recent market crash, this fully revised Third Edition is filled with practical advice that takes into account all of the recent changes in the currency market and shows you how to profit from them.

About the Author:

Michael Duane Archer has been an active commodity futures and Forex trader for over thirty years. He has worked in various advisory capacities, notably as a commodity trading advisor and an SEC-registered investment advisor. Archer hosts the Forex Web site, www.goodmanworks.com. He is also the author of the first two editions of Getting Started in Currency Trading, as well as Getting Started in Forex Trading Strategies, and coauthor of The Forex Chartist Companion, Charting the Major Forex Pairs, and Forex Essentials in 15 Trades, all published by Wiley.

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