Getting Started in Currency Trading Winning in Today’s
January 20, 2010 by admin
Filed under Forex Books and Courses
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The FX (Forex) market can be somewhere to make money very quickly, however in order to do this you must have a good understanding of the basic principles of trading in order to achieve any success. ‘Getting Started In Currency Trading, Second Edition’ is a good starting board to base these principles on. It is a reliable source of information which is for both the beginner forex trader and those with a lot of forex experience who are seeking some perspective from their trading. Topics covered in this book are -
How to initiate and liquidate a live market order
Advantage and disadvantages of technical and fundamental analysis
The rapidly evolving and expanding online trading marketplace for spot currencies
A coverage on the numerous forex software products and services now available
The psychology of trading the forex market and the stresses it brings to those that are involved.
Advanced strategies such as exotics, options and arbitrage
A Book For Success
Rating:5 out of 5 stars
Excellent basics description for FOREX investment. Learn the principles and become a millionaire. Repetitive from other similar books but good anyway. Highly recommended.
Getting Started in Currency Trading
Rating:5 out of 5 stars
I originally bought this book in February 2007 after watching an infomercial on currency trading. This book is good for anybody who wants to start currency trading but dont know where to begin. After reading it, I was hooked.Now one year leter I am trading the currency market and now I am successful at it.
This book will give you the basic knowledge and foundation of the currency market.If you are someone who is already trading and have experience then this book is not for you.
Also once you read this book read it at least two more times.
Riddled with errors.
Rating:2 out of 5 stars
I found many errors in this book, especially in chapter 8, “The Calculating Trader”, as well as some in other chapters. Unfortunately, if you don’t catch these errors, this book will only confuse you more. If you do catch them, it will just annoy you. Granted, I have the first edition of this book (2005); hopefully these errors have been corrected in the new June 2008 second edition. I gave the book 2 stars because it does have some decent overview information in it.
Very Basic Intro Text
Rating:4 out of 5 stars
This book is very basic. If you are brand new to the FOREX markets, and want to get a very general primer on how they work, the pitfalls and opportunities, as well as some very basic technical and fundamental introduction, then this is a good FIRST book to read. If you have any exposure at all to the FOREX markets, this may be a bit too basic.
Good for Getting Started
Rating:3 out of 5 stars
The book pretty much satisfies any person who wants to read a book about “getting started” in Forex. It starts simply enough to give the reader an idea if he or she wants to get into Forex. That being said, do not expect very detailed explanation on anything above the basics of Forex. Ironically, the author sometimes forgets that he is talking to those getting started as he starts talking forex speak on matters he has yet to explain clearly. While the introduction to Forex is substantial, once you move on to actual trading discussions, it tends to be too general (and as mentioned, refers to terms he has not made the reader familiar with). So take the book as it is, as getting started then its worth the price, but anything beyond the first step, this may be lacking.
well, you can also earn a lot from currency trading if you know that ins and outs of that trade~`;