Could not connect to Amazon
Product Description
The Forex Lifestyle: An Introduction to the Fascinating World of Currency Trading: Michael R. Pilinski: Kindle Store. This brisk yet comprehensive primer on Foreign Exchange (FOREX) currency trading will answer many of the basic as well as the more advanced questions that you certainly have if you're just getting interested in learning how to invest in the Forex marketplace.Speculative (so-called "retail") trading by individuals from their home computers has exploded since 2004, helping to drive the value of the DAILY movement of currencies worldwide up to a staggering 4 trillion dollars every 24 hours. This dwarfs all the world's stock and commodities markets by a factor of times x 2.But how exactly does one get started in this market without getting run over by the big players?'The Forex Lifestyle' will bring you up to speed on the current scope of retail currency trading in a quick and entertaining fashion by serving up loads of useful examples and resources. You'll learn all about pips, lots, margins and the basic math involved, how currencies are paired, and all about spreads and quotes. Beyond all this tech however, you'll also become familiar with Forex charts, learn about a few very interesting predictive indicators, do some technical analysis and learn about the economic fundamentals that effect prices. You'll even get started off on your search for a good online broker and learn how to evaluate which is the right one for you.One of the big attractions of Forex is that you don't have to be a "big guy" to get involved -- unlike the stock, commodity (and to a lesser extent) the options markets. You can open a currency mini-trading account at most Forex brokerages for as little as $250.Finally, you'll take a tour of the hottest new trend in Forex: automated trading. You'll learn about apps called Expert Advisors that can make trading Forex plug-and-play simple for anyone no matter what their level of technical skill. You'll also see a demonstration of how to use 2 Stage Trading to control the fear-vs.-greed-issue that can ruin many traders.As author Michael Pilinski remarks: "The Forex Lifestyle' is the guide that I wish I could've come across back when I was just starting out in Forex -- it would've saved me tons of time trying to figure out how to successfully trade currencies."
Shipping Weight: 2 pounds
|
(
) 
