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Forex Trading Secrets: Trading Strategies for the Forex Market
by James Dicks (Author)
Publisher: McGraw-Hill; 1 edition (January 14, 2010)
Just a decade ago, the Foreign Exchange was a market reserved for a select few. Now, anyone can actively trade in this profitable market¡ªeven those with no formal financial education. Enter James Dicks, a leading FOREX expert and educator who cut his teeth in this burgeoning market and wants to share his years of experienced wisdom with you.
FOREX Trading Secrets is a one-stop sourcebook packed with everything a trader needs to quick-start success in a 24-hour market. In addition to covering every fundamental aspect of the FOREX, this hands-on guide provides hard-won tools and strategies from a seasoned trader, who helps you minimize your exposure to the inherent risk in this unique market.
A useful volume you¡¯ll turn to again and again, FOREX Trading Secrets features specific examples of proven trading strategies working in the real world, a simple and profitable technique for money management, and confidence-building skills for creating your own source of income.
If you have never traded the FOREX before, FOREX Trading Secrets is the place to start. It covers the essential basics, including all major currency pairs, the mechanics of trading, how to place a trade, and deciding what type of trader you are. Experienced traders gain expert insight into the fundamentals, as well as such advanced topics as creating a successful trading plan,managing risk, mastering your emotions, and building your portfolio. You will benefit from
An insider¡¯s clarification of the Carry Trade
Seeing technical indicators and patterns through a master¡¯s
The secrets to FOREX diversification
A detailed explanation of the author¡¯s personal trading approach
A Trader¡¯s Ten Commandments
There is no holy grail of FOREX trading, but with FOREX Trading Secrets, all you need is practice to build a powerful trading toolbox for wealth security in the world¡¯s biggest financial market.
From the Back Cover
An Insider¡¯s Guide to Profiting in the Foreign Exchange Market
Picking up where his extraordinarily popular FOREX Made Easy left off, bestselling investing author James Dicks shows you how to build a successful trading plan for the currency market from the ground up¡ªfrom choosing the right strategies for your goals to implementing them.
FOREX Trading Secrets delves into the details of the FOREX market, beginning with the fundamentals of how it works and what makes individual currencies move. Then, it provides a thorough discussion on money management that includes a wealth of cornerstone knowledge and advice on how to develop a winning mindset and successful trading habits.
Inside FOREX Trading Secrets, you¡¯ll find
Proven solutions for reducing risk
Tips for reading market behavior based on fundamental, technical, and psychological conditions
Hands-on guidance for using today¡¯s preferred trading systems
FOREX Trading Secrets is the most complete A-to-Z guide available for new and seasoned investors. Its peerless depth of coverage and vivid depictions of winning tools and approaches are exactly what you need to maximize gains in the FOREX market. Take your first step to long-term success today by discovering FOREX Trading Secrets.