Forex Essentials in 15 Trades

Product Description
Traders are constantly learning their craft. Those who do not share information, discuss tactics and review prior trades are doomed for failure. GlobalView.com knows this. It is the leading destination for Forex traders looking to learn and discuss trading. With over 33,000 registered users from 125
countries, GlobalView.com exposes its users to an incredible base of knowledge.
In this book, the authors dissect each of 15 chosen trades, using the material to expose some of the best (and worst) practices of a Forex trader. The book weaves a plethora of GlobalView.com information into the detailed dissection. Each
description will include how the trade was selected and why it was made, as well as money management and psychological aspects of the trade. Entertaining anecdotal stories are interspersed throughout each trade story.
From the Inside Flap
An inside look at professional FOREX trades
FOREX is a market like no other. Available
twentyfour hours a day, with 3.5 trillion in various currencies changing hands daily, it offers the disciplined trader huge potential returns, with the risks to match. Of course, such a dynamic market is usually treacherous for those who dabble. Effective FOREX trading takes a game plan, a learned ability to both act and
react, and most of all, a healthy dose of respect.
Written by the creators of GlobalView.com, the original FOREX forum, FOREX Essentials in 15 Trades is an informative, entertaining look at how the market works and how traders make it work for them. Whether youre a new or experienced market participant, youll appreciate
the realworld experience of GlobalView.coms more than 50,000 memberswho come from over 160 countrieswoven throughout this pragmatic guide.
Divided into three parts, FOREX Essentials in 15 Trades first gives you a primer on FOREX basics, moving from pips, pairs, and crosses, to the ins and outs of placing orders, to finer
points like King Kong syndrome and Jubbs stops. After reviewing key terms and principles, the authors then analyze fifteen actual tradessome profitable, some losersgiving you an invaluable look at how various traders operate. The final section includes key information from the GlobalView Web site, which will help you apply
the trades to your daily business.
With FOREX Essentials in 15 Trades, youll learn how to:
*
Avoid common mistakes for new traders
*
Select a FOREX broker
*
Determine your trading profile and time horizon
*
Develop good habits for your trading practice
*
Apply both technical
and fundamental analysis to potential trades
*
Use margin effectively
*
Make evolutionary trading changes to boost your returns
*
Manage your money on good and bad trading days
*
Trade in a crisis economy
*
Trade the news
*
And more
With numerous "Inside
Scoop" commentary boxes, trading charts, chapter summaries, and recommended links, FOREX Essentials in 15 Trades gives you a thorough, lively trading guide that also plugs you into the exciting GlobalView.com trading community. A complete resource for becoming a better trader, this book will get you learningand
returningmore from your FOREX trading.
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Product Details
* Hardcover: 304 pages
* Publisher: Wiley (March 9, 2009)
* Language: English
* ISBN10: 0470292636
* ISBN13: 9780470292631
Link checked on Sun Dec 27, 2009 9:54 pm (GMT)

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