Getting Started In Currency Trading

The definitive introduction to FOREX trading Getting Started in Currency Trading, Fourth Edition is both an introduction and a reference manual for beginning and intermediate traders. THE ESSENTIAL GUIDE TO CURRENCY TRADING, FULLY REVISED AND UPDATED GETTING STARTED IN CURRENCY TRADING FOURTH EDITION "Knowledge is a prerequisite for success in any endeavor, particularly currency trading. Michael Archer's excellent book conveys the author's long experience and expertise. It will save the aspiring currency trader years of trial and error." —Peter Panholzer, Managing Partner, DynexCorp Ltd. "Getting Started in Currency Trading??provides both new and experienced traders alike with the knowledge required to successfully navigate in the complex world of foreign exchange trading. Michael Archer shares the little-known trading methodology, the 'Goodman Method of Trading,' elements of which I employ every day. As preparation for joining the growing ranks of FOREX traders, this book will first become a comprehensive text for study and later a valuable resource to keep nearby as an often used desk reference guide." —Ron Rossway, President, Denver Trading Group "As a student and friend of Michael Duane Archer, I strongly recommend??Getting Started in Currency Trading, Fourth Edition to any serious trader who wants an in-depth knowledge of FOREX and wants to have success trading in the FOREX markets today." —Theunis Hattingh, FOREX and options trader Trading international currencies on the foreign exchange (FOREX) markets is one of the hottest topics in investing today, but the potentially enormous returns are tempered by substantial risks for those who don't know what they're doing. Getting Started in Currency Trading, Fourth Edition is here to help, carefully explaining everything you need to understand in order to trade currencies safely and profitably. Packed with information on the latest developments in the field and providing access to additional resources online, this is the only book you need to start currency trading right away. The definitive introduction to FOREX trading Getting Started in Currency Trading, Fourth Edition is both an introduction and a reference manual for beginning and intermediate traders. Starting with a description of the Foreign Exchange (FOREX) market and a brief history, the book includes an invaluable section made up of relevant FOREX terms clearly defined using examples. The FOREX market has grown substantially and evolved dramatically in recent years, and this new edition is designed to help the reader to adapt and take advantage of these changes. Including coverage of how to open a trading account, a step-by-step walk through the physical processes of placing and liquidating currency orders, and information on trading strategy and tactics complete with fundamental and technical analysis, the book has everything needed to assist the trader in the decision making process. New edition is revised and expanded to take into account all of the recent changes in the currency market Now includes a step-by-step introduction for the new trader and additional material on regulation FOREX arithmetic calculations are presented in a clear, easy to understand way Recommendations, guidelines, and caveats appear throughout the book This new edition of Getting Started in Currency Trading contains significant new information, including a chapter on computers and FOREX, managed FOREX, and new information about regulation, alongside the author's successful trading plan, designed to help the reader put it all together.