12/26/ · Moreover, currency values are highly correlated to other financial markets, such as stock markets, bond markets, and oil and gold prices. If all this sounds too complicated, help is at hand: Currency Trading for Dummies by Brian Dolan. The book covers everything, from the basics of the forex market to the macro-economic fundamentals at blogger.com: Sameer Bhardwaj Conclusion. Currency Trading for Dummies is an introduction to the world of foreign exchange and is, as the title suggests, ideal for absolute beginners. The volume explains the main concepts in Forex: terminology, trading mechanism, players, fundamental analysis, news and events, technical analysis, risk and trade management The book was written by the founders of [ ]. As the title notes, this is a book on trading, not hedging - and the authors do a great job in giving an overview of the currency trading markets. In a relatively brief pages or so, they discuss in some level of detail: * What the FOREX market is * How it works/5
Book Review — Currency Trading for Dummies
First-hand Forex trading experience and information about foreign exchange market that will be useful to traders. If currency trading for dummies review have some interest in learning foreign exchange or you are thinking about becoming a Forex Trader probably your attention has fallen, for at least once, on Currency Trading for Dummies.
Currency Trading for Dummies is now at its 3rd edition and it explains to the beginners the concepts needed to understand how the world of Forex works: terminologyplayers, fundamental analysistechnical analysisrisk management and some trading systems. The volume is divided in 5 parts for a total of 19 chapters and appendix, currency trading for dummies review. Part 1: Introduction to Forex, why it happens, who trades it, how trades happen. Part 2: Why exchange rates change, basic understanding of the consequences of market news and information, fundamental analysis, get to know the most popular currency pairs.
Part 3: How to develop a trading plan, introduction to technical analysis and how it helps trading, how to spot trade opportunities, currency trading for dummies review, consideration of risk management. Part 5: Common skills of successful traders, risk management ruleslist of other useful resource. Appendix: Some examples of trading strategies divided by trading style: scalper, swing trader, position trader. The overall content is really just an introduction to the main concept, this book is surely not enough to currency trading for dummies review a trader.
While the part covering fundamental analysis is quite complete the chapters regarding currency trading for dummies review analysis are quite disappointing.
Also, currency trading for dummies review, some parts luckily only a few are repeated throughout the book without providing significant additional value. The style chosen by the authors is only partially suitable for the targeted audience. The language is kept descriptive, simple and clear, but while a descriptive style can be ideal to explain topics such as fundamental analysis, currency trading for dummies review, players and terminology, I believe that other concepts like Technical Analysis and Trade Management must be integrated with more charts and practical examples.
Currency Trading for Dummies provides a good value if the reader has no previous knowledge in the subject. Many of the contents have very rich explanations, however, some other contents could have been developed in a better way. Consider this book as an introduction to Foreign Exchange, a starting point, and integrate with other books and resources.
Currency Trading for Dummies is an introduction to the world of foreign exchange and is, as the title suggests, ideal for absolute beginners.
The volume explains the main concepts in Forex: terminology, trading mechanism, players, fundamental analysis, news and events, technical analysis, risk and trade management. Many of the topics are well developed but others for example, technical analysis could have been expanded in better ways. Read the book if you want to start learning how to trade currencies, but integrate the contents with other resources.
If you have any questions, comments, or opinion about Currency Trading for Dummies by Kathleen Brooks and Brian Dolan, please feel free to submit them using the currency trading for dummies review form below.
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Conclusion. Currency Trading for Dummies is an introduction to the world of foreign exchange and is, as the title suggests, ideal for absolute beginners. The volume explains the main concepts in Forex: terminology, trading mechanism, players, fundamental analysis, news and events, technical analysis, risk and trade management 12/26/ · Moreover, currency values are highly correlated to other financial markets, such as stock markets, bond markets, and oil and gold prices. If all this sounds too complicated, help is at hand: Currency Trading for Dummies by Brian Dolan. The book covers everything, from the basics of the forex market to the macro-economic fundamentals at blogger.com: Sameer Bhardwaj All positive reviews›. john. out of 5 starsthis book is a pretty solid pick. Reviewed in the United States on July 4, If you are looking to get into trading and have no /5
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