Forex Trading: The Basics Explained in Simple Terms (Bonus System incl. videos) (Forex, Forex for Beginners, Make Money Online, Currency Trading, Foreign Trading Strategies, Day Trading Book 1)
| Author | : | |
| Rating | : | 4.16 (905 Votes) |
| Asin | : | B015VQCGFE |
| Format Type | : | |
| Number of Pages | : | 143 Pages |
| Publish Date | : | 2014-07-05 |
| Language | : | English |
DESCRIPTION:
A first, important step towards successful forex trading Jim does a very nice job in describing the very basics of FOREX trading and adds a nice bonus system so you can see how technical analysis can "predict" interesting opportunities for trading. He also does a very good job in picturing a very realistic view on trading. Money & risk management, trading psychology, are all things that are important to consider when you enter the trading arena. Remaining too long in losing positions, quitt. I really enjoyed this book I really enjoyed this book! Jim was able to explain the complex Forex markets in an extremely clear and concise manner. He highlighted all the key points which we often overlooked and somehow allowed me to see it again in a very easy way. The book is extremely well edited and based on his writings you can see that he is a very sincere and honest person sharing everything he knows upfront in plain simple english. Lastly, he generously . Great read and easy to follow principles I have tried the forex market previously and in all honest I was uneducated when it came to forex trading. I grabbed Jim's book on the recommendation of a friend and found it easy to read and easy to implement. The steps are straight forward for a beginner and Jim tells it honestly including his own personal successes and failures. I like the fact that he points out the pitfalls experienced in trading Forex as well as the differences
As an added Bonus, Jim offers one of his Trading Systems, as well as the indicators without any further on-costs.Check out his YouTube vids, chat with him on Facebook - he's an approachable guy who is passionate about trading. However the author covered concepts and principles in very direct and easy to understand manner. Both will be valuable to new Forex traders like myself. - Darrell R AllenBuy "Forex for Dummies" or something similar for a detailed background of Forex, then buy this book. Here Is an outline of what is included:What is Forex? Advantages of Trading Forex When the Forex market is open Forex pairs Where we trade Forex Choosing a Broker Important information for US based traders Lot size and equivalent pip value Information on risk News and fundamental analysis Technical analysis Risk-reward ratio Types of orders How many pips is enough Trading psychology Day trading or longer term trading? Keeping a journal or diary Jim's other booksMT4 High Probability Forex Trading Method Trading Forex with Divergence on MT4 What people are sayingI was a bit skeptical prior to ordering this as it is only 72 pages in length. During this time, he has developed and shared many trading systems for free, and assisted many new traders through various blogs and forum participation.This book is for those of you who are just starting to consider