If you’ve developed an interest in trading, whether its stocks, options, bonds, or precious metals, there is no doubt that you have heard a lot of about Forex. And there is also little doubt that you’ve probably been inundated by a lot of hype. When you hear so much hype, it's hard to tell what’s real and what’s not. Even worse, many people aren’t quite sure what Forex is all about, or how to win at Forex trading.
In this book, we are going to carefully explain Forex from the ground up. You will learn how Forex developed and what is traded and how to read price quotes. Then we’ll explain the different trading levels, margin accounts, and leverage. From there, we’ll go into a detailed discussion of trading styles and the top strategies used by Forex traders to put the odds of profit in their favor.
In this book, you are going to learn:
What Forex is, and how it’s evolved into a market accessible to the general public.
How much money you need to get started. You’ll be surprised to learn that you can begin trading on Forex with small amounts of money.
The concept of leverage and margin accounts, and how that will let you trade up to 50 times the buying power than you have with your own cash.
How to read currency pairs and understand what they mean.
Pips are explained in detail, using easy to understand explanations framed in plain English.
Learn about trading lot sizes, and how many pips are associated with each.
Easily develop the dexterity you need to convert from pips to dollars and back again, so that you’ll know immediately how much you stand to gain or lose on any given trade.
Find out how much currency you can control and how much money you actually need to do it.
Learn how to make profits like a pro.
“Todas as estratégias e investimentos envolvem risco de perda. Nenhuma informação contida neste produto deve ser interpretada como uma garantia de resultados.”