This book is for those of you who are just starting to consider trading Forex but don’t know where to start, given the abundance of information on the internet. It is a good first book to read, to gain an understanding of the very basics. As an added Bonus, Jim offers one of his Trading Systems, as well as the indicators without any further on-costs.You're welcome to check out his YouTube vids and chat with him on Facebook and in Telegram - he's an approachable guy who is passionate about trading.
Here Is an outline of what is included in the book:
At no extra cost (or on-costs) Jim shares with his readers:
Welcome to the World of Forex Trading
Okay, you have heard about Forex Trading and you are now curious to check it out but really don't know where to start. Well you have come to the right place, as this book will take you through the basics, explain Forex in a plain and simple manner and give you enough information to get started sooner rather than later, in the exciting world of Forex Trading.
What is Forex?
Forex is the common term used to describe Foreign Exchange. It is also called currency trading, or just FX trading, and every now and then you may see it referred to as Spot FX.
It is essentially the trading of the world's various currencies. Trading currencies is a little different to trading shares or stocks, as currencies are traded against each other. What I mean by this is that you are comparing one country's currency to another country's currency. It is not as confusing as it sounds, so bear with me.
Why would I want to trade Forex?
Good question! Most people have heard about trading stocks, maybe even futures and options. They have been around for years and your grandparents may have even traded them. But I guarantee you that they would not have traded Forex, unless they were exceptionally wealthy individuals or worked for a major bank.
It is only since the early 2000’s that the retail Forex industry has opened up to the likes of you and I, where you can start trading with a very small deposit into a brokerage account. Obviously the popularity of the internet has helped create this boom as about 99.9% of all transactions are carried out online.
| Language | Status |
|---|---|
|
Spanish
|
Already translated.
Translated by Mariano Donato
|
