Forex Trading for Beginners

Do you want to take advantage of one of the largest global markets that offer investors flexibility, high liquidity and the potential for great returns on investment? Have you discovered that forex trading is a great opportunity for investing but have no idea how to get started? Are you looking for a detailed yet simple guide to give you the basics of Forex Trading as well as equip you with all the information and tools that you need to get started? If your answers are yes, then keep reading.
In this book, we take an in-depth look at the basics of forex trading including:
Types of tradingDifferent types of brokersHow to open a forex accountCreating a trading planForex Trading for Beginners also delves into market analysis and gives you detailed information on:
Fundamental AnalysisTechnical AnalysisFundamental analysis toolsTechnical analysis toolsIn addition, the detailed strategies provided on risk management will go a long way in ensuring that once you start trading in forex you are in control of your trading capital and in a position to make maximum possible returns on your investment.
This book will also focus on the key concepts that beginners need to understand before they start trading in the foreign exchange market. Some of these concepts are:
Buy Low and Sell HighStop LossTake ProfitBest Currencies to FollowCompare currencies.Understanding the importance of leverage in forex trading, we give detailed insights into:
What leverage isAdvantages of leverageRisks associated with over-leveragingHow to pick the right level of leverageThis book is a well detailed informative guide and will serve as a useful tool for anyone looking to invest in the forex market for the first time as well as people looking to enhance their trading skills and aptitude.
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