Publisher's Synopsis
Getting Started in Currency Trading, Second Edition will act as both an introduction and a reference manual for beginning and intermediate traders. A description of the Foregin Exchange (FOREX) market and a brief history are followed by a section of FOREX terms clearly defined with examples. The FOREX market has grown substantially and evolved dramatically in recent years, and this new edition helps you adapt to these changes. The reader is then taught how to open his own trading account. A step-by-step section then walks the reader through the physical process of placing and liquidating currency orders accompanied by numerous screen captures of what to expect inside a dealers trading platform. Trading strategy and tactics are described in detail along with some fundamental and technical analysis to assist the trader in his decision making process. FOREX arithmetic calculations are also handled in a clear step-by-step process. Recommendations, guidelines and caveats appear throughout the book. This latest edition of Getting Started in Currency Trading contains significant updates, including a new chapter on FOREX trading platforms and trading tables. Archer has also revitalized his successful trading plan to help you put it all together and really get started. The book will contain numerous diagrams, tables, lists and screen captures to aid in the readers understanding of this seemingly complex market.
