A comprehensive guide to Forex trading for individual investors Countless money-making opportunities abound in the Foreign Exchange (Forex) market every day, but how does an amateur investor take advantage of these opportunities to earn high returns? This book by CNBC-featured Forex Expert Mario Singh provides a comprehensive solution to this question. Following the first section that explains in plain English what is Forex trading, how money is made in the Forex "game," the six major players involved, and the importance of knowing one's Trader Profile the second section focuses on specific and practical guidance which includes: * A "Trader Profile Test" to help the reader get a clear picture of his natural trading style and which of five trading profiles he belongs to (Scalper, Day Trader, Swing Trader, Position Trader or Mechanical Trader) *17 proven trading strategies (between 2 to 5 strategies for each trader profile) for the reader to immediately start cashing in on the Forex market * Descriptions of an array of real-world trading scenarios, with tips on how to address them * A section that shows the reader how to custom-tailor a trading system designed for his sensibilities and risk tolerance * Forex hedging strategies for finance professionals at multinational corporations Short on theory and long on practical insights and step-by-step guidance, 17 Proven Currency Trading Strategies How To Profit in the Forex Market will help anyone from beginners to professionals, and everyone in between to master the Forex market and be consistently profitable.
With an average of $4.3 trillion exchanged per day, the ForeignExchange (Forex) market is the largest and the most actively tradedmarket in the world. Countless money-making opportunities abound inthe Forex market every day for savvy traders equipped with theright knowledge and tools. But how does an amateur investor takeadvantage of these opportunities to earn high returns? This bookprovides a comprehensive solution to this question by arming youwith the same knowledge and tools that these savvy Forex tradershave.
Written by Mario Singh, head of the prestigious FX1 Academy, thelargest Forex education firm in the Far East, 17 Proven CurrencyTrading Strategies is a plain-English guide designed foranyone—from beginners to professionals, and everyone inbetween—looking to quickly master the knowledge and skillsneeded to win big in the booming Forex market.
Following the first section that explains in plainEnglish—what is Forex trading, how money is made in the Forex"game", the six major players involved, and the importance ofknowing one's Trader Profile—the second section focuses onspecific and practical guidance, which includes:
- A "Trader Profile Test" to help the reader get a clear pictureof his natural trading style and which of five trading profiles hebelongs to (Scalper, Day Trader, Swing Trader, Position Trader, orMechanical Trader)
- 17 proven trading strategies (between 2 to 5 strategies foreach trader profile) for the reader to immediately start cashing inon the Forex market
- Descriptions of an array of real-world trading scenarios, withtips on how to address them
- A section that shows the reader how to custom-tailor a tradingsystem designed for his sensibilities and risk tolerance
- Forex hedging strategies for finance professionals atmultinational corporations
- And much more
Short on theory and long on practical insights and step-by-stepguidance, 17 Proven Currency Trading Strategies is anindispensable working resource for investors and traders of everyclassification—from retail investors and fund managers, toportfolio managers and institutional investors—looking toexpand their trading horizons and win big in the Forex game.
And, whether you're a recent college grad or a baby boomerpreparing to retire; a middle manager or business owner; or lookingfor a reliable second income stream, this book can help you toachieve the financial independence you want and deserve by tradingthe Forex market, no matter what your life stage, income bracket,or professional standing.