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Forex Trading: A Beginners’ Guide to Making Money Using Forex Trading Strategies
- Forex and Price Action Trading Strategies, Book 1
- Narrated by: Dave Wright
- Length: 1 hr and 45 mins
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Publisher's Summary
Are you interested in making a side income or create a trading business that is scalable? Are you interested in learning more about forex trading? This book could be the answer you're looking for.
Foreign Exchange (Forex) trade is a multitrillion-dollar market. It is the world's largest market by value with transactions worth $5 trillion made on a daily basis. Traditionally, this has been a market for large-scale brokers. However, with the advent of web technology, more forex trading platforms are coming online.
You do not need a huge amount of cash or have advanced technical skills to trade. You also do not need to monitor the trade full time, thanks to automated transaction processing. This book Forex Trading: A Beginners’ Guide to Making Money Using Forex Trading Strategies will get you started in this world of trading currencies. You do not have to be on Wall Street to make it big. You can start small and grow big by simply following the proven strategies in this book.
This guide does not assume your level of knowledge. It starts with a beginners' approach by introducing you to what forex trading is all about and helps you to build upon the key fundamentals as you advance.
Like any other trade, there are always pitfalls, which, if not considered can derail you. In this guide, you will learn about some of the pitfalls, which cause many to quit prematurely when they are so close to success.
Failing to plan is indeed planning to fail. Forex trading is no exception to this rule. Many people fear to make plans simply because they are scared of them. You need not be scared. Plans are simple. All you need is determination, and this book will guide you, step-by-step, to a simple forex trading plan that you can achieve with great success.
In every business, there are risks. It is dealing with risks that helps you eventually make a profit. This book provides proven forex trading strategies that not only secures your cash against risks but also enables you to optimize on its returns. To ensure that your own trading strategy works, you need to test it. This is one way of reducing risk. The book will guide you on various backtesting methods to ensure that your strategies not only work, but also result in an optimal outcome.