If you are new to the world of forex (foreign exchange) trading, and keen to
learn more, then this book is for you. It has been written with one objective in
mind. To explain in a simple, clear and logical way, everything you need to
understand, in order to get started.
The book assumes you have little or no knowledge of how the forex market
works, or the principles and methodology that you need to follow in order to
make money consistently. And consistency is the key here. Because if you can
be consistent as a trader, then the money will follow.
Forex For Beginners, covers all you need to know. Everything is explained in
simple and clear terms, with hundreds of examples and charts to help you learn
quickly. Not only will you discover how to trade, but also how to get going
quickly with your new found knowledge, using the most popular FREE trading
platform in the world, MT4.
In short, this book is what you need, and takes you by the hand, step by step,
from complete novice to placing your first trade.
Forex For Beginners is a straightforward guide to getting started in the
extraordinary world of forex trading.
The book describes how and why we have a forex market, how it operates, as
well as the mechanics of placing trades. Different analytical approaches are also
included, along with understanding the importance of volume and price. From
there, the book moves on to explain the concepts of margin and leverage, trading
plans, risk, position sizing and money management. The book then pulls it all
together in order to help you get started, and in the final section describes key
elements of the MT4 platform, as well as how to place and manage trades.
Throughout, there are many images, with simple explanations, to help you learn
quickly. If you want a book that takes you from novice, to placing your first
trade, (with everything in between), then this is the book for you.