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Forex for Beginners A Comprehensive Guide to Profiting from the Global Currency Markets

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[color=red]Forex for Beginners A Comprehensive Guide to Profiting from the Global Currency Markets[/color]



Adam Kritzer - Forex for Beginners: A Comprehensive Guide to Profiting from the Global Currency Markets
Published: 2012-08-15 | ISBN: 1430240504 | PDF | 296 pages | 6 MB


Forex for Beginners: A
Comprehensive Guide to Profiting from the Global Currency Markets is a guide for those who want to earn extra income
trading currencies without committing large amounts of time or money. This book will introduce global investors to the
basics of forex (foreign exchange) trading and provide them with a solid framework for analyzing currencies and
profiting from their fluctuations. Topics covered include the forces that cause exchange rates to fluctuate, an overview
of the mechanics of trading, analytical and forecasting tools, how to profit from pricing trends, and common pitfalls
that often ensnare traders.

While most books make grandiose promises of instant success and large profits,
Forex for Beginners represents an alternative approach to investing in forex. The forex market is dominated by
institutional capital and algorithmic trading, making it unrealistic to think that day traders can beat the market by
relying on charts and technical indicators alone. Thus, the emphasis here is on fundamental analysis-using economic
concepts to spot currency misalignments-and staking out positions to profit from them over a period of weeks and
months.
If you're eager to tap into the world's largest financial market on a part-time basis, this is the book for
you. You will gain an understanding of how currency markets work and use this knowledge to generate income.
What
you'll learn
Investors from all countries will:
Understand how global currency markets operate and how
currencies are exchanged
Learn why exchange rates fluctuate, from the standpoint of economics and human
psychology
Open an account and become fluent in the mechanics of trading foreign exchange
Learn how to avoid
getting skinned alive by trading professionals and brokers
Adapt your personality and financial circumstances to a
specific approach to analyzing and trading currencies
Avoid pitfalls and limit risk to prevent profit from turning
to loss
Earn money and have fun trading
Who this book is for
Forex for Beginners: A Comprehensive Guide
to Profiting from the Global Currency Markets is a guide to trading currencies for those with some investing experience
but who lack the specific knowledge they need to trade forex. This guide does not promote a get-rich-quick approach, nor
is it predicated on overly complex methods. It is geared instead to international investors who want
simple-but-effective answers to these simple questions: "Why do currencies fluctuate?" And, "How can I profit from those
fluctuations?" Most importantly, it is for those who want to generate additional income or pad their savings accounts
without sitting in front of their computers and trading for hours on end.


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