Book description
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.
MICHAEL DUANE ARCHER has been an active futures and FOREX
trader for over thirty-five years. He has worked in various advisory
capacities, notably as a commodity trading advisor, registered SEC
investment advisor, and branch manager for Heinold of Hawaii. Archer
currently trades and is involved in several technical analysis
research projects. He hosts the FOREX website www. goodmanworks. com.