Getting started in currency trading

About this book

While the Foreign Exchange (FOREX) market can be a very profitable place, you must have a firm understanding of how to operate within this environment if you intend on achieving any success. That's why you need Getting Started in Currency Trading, Second Edition. This reliable resource-written for both newcomers and those with some FOREX experience-puts trading world currencies in perspective, and shows you exactly what it takes to make it in this field. Topics include: The rapidly expanding and evolving online trading marketplace for spot currencies, generally referred to as retail FOREX The process of initiating and liquidating a live market order The advantages and disadvantages of fundamental and technical analysis The wealth of FOREX products and services now available from third-party vendors The psychology of trading and the stresses that may accompany this endeavor Advanced strategies such as options, exotics, and arbitrage