LEARN TO TRADE: free ebooks
LEARN TO TRADE: free ebooks
If you're new to forex trading, we'll take you through the basics of forex pricing and placing your first forex trades. '‘Forex’ is short for foreign exchange, also known as FX or the currency market. It is the world’s largest form of exchange, trading around $5 trillion every day, and it is open to major institutions and individual investors alike. The aim of forex trading is simple. Just like any other form of speculation, you want to buy a currency at one price and sell it at higher price (or sell a currency at one price and buy it at a lower price) in order to make a profit.
Some confusion can arise as the price of one currency is always, of course, determined in another currency. For instance, the price of one British pound could be measured as, say, two US dollars, if the exchange rate between GBP and USD is 2 exactly.
LEARN TO TRADE: free ebooks
Build a successful trading system with FREE eBooks
Whether you’re learning the fundamentals of Forex, discovering different strategies or looking for expert trading tips, the eBook series will help improve your knowledge of the markets.
LEARN TO TRADE: free ebooks
Topics Include:
Understand market types
Working out a strategy
Hunt for the Holy Grail
Knowing your setups
Understanding trends and filters
Damn good fundamental setups
Simple entries and re-entries
Complex exits
Difficult-to-hit Stop Losses
System position-sizing basics
Achieving your system’s objectives
Grading your system and making meaningful changes
What should you do when things start to move against you