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Currency Trading for Dummies - Getting Started Edition Book - 2007

Brian Dolan, Mark Galant, 46 pages

Currency Trading for Dummies - Getting Started Edition
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Currency Trading for Dummies (Getting Started Edition) helps you make your first steps in the world of Forex trading.

  • Chapter 1: What Is the Forex Market? introduces the global currency market and gives you an idea of its breadth and depth.
  • Chapter 2: The Mechanics of Currency Trading examines how currencies are traded, including which currency pairs are traded, how to read a quote and how P&L is calculated.
  • Chapter 3: Choosing Your Trading Style reviews the various strategies used by professional Forex traders and how they influence trading decisions, as well as how to build your own trading plan and stick with it.
  • Chapter 4: Getting Started with Your Practice Account explains who you can establish a position in the market, how to manage an open trade, how to close a position, and how to critically assess your performance.

This edition is an abridged version of Currency Trading For Dummies. Please see the full version of Currency Trading For Dummies for more information about what moves the Forex market and ways to capitalize on it.