Getting Started in Currency Trading

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Getting Started in Currency Trading

By: Michael Archer, Jim Bickford

Normal price: 13.99
Our price: 11.89 + postage
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Product code: 21289
ISBN: 0471713031
191 pages
Format: Pb
Published by: John Wiley & Sons, 2005, 1st edition
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Description of Getting Started in Currency Trading
An accessible introduction to the exploding foreign exchange trading market

Getting Started in Currency Trading is both an introduction and reference tool for beginning and intermediate foreign exchange (Forex) traders. This information-packed resource opens with a clear description of the Forex market and a section of Forex terms that are clearly defined with examples.

Readers are then shown how to open their own trading account with step-by-step instructions - accompanied by numerous screen shots of what to expect inside a dealer's trading platform - that walk them through the physical process of placing and liquidating currency orders.

Other chapters introduce various trading strategies and tactics in detail, along with some fundamental and technical analysis to assist the trader in their decision-making process.

Getting Started in Currency Trading - Chapter headings
Acknowlegements
Introduction
About This Book
How This Is Organized
Disclaimer

PART I: THEN AND NOW

1. Getting Started
2. History of Currency Trading
3. Currency Futures and the IMM


PART II: WHAT EVERY TRADER MUST KNOW

4. FOREX Terms
5. Selecting a FOREX Broker
6. Opening an Online Trading Account
7. Mechanics of FOREX Trading
8. The Calculating Trader


PART III: HOW TO BEAT THE MARKET (MAYBE)

9. Fundamental Analysis
10. Technical Analysis


PART IV: THE BUSINESS OF TRADING

11. Money Management and Psychology
12. Trading Tactics
13. What to Do If Things Go Wrong
14. Record Keeping


PART V: ADVANCED TOPICS

15. Advanced Topics

Glossary
Appendix A: List of World Currencies and Symbols
Appendix B: Exchange Rates
Appendix C: Euro Facts
Appendix D: Time Zones and Global Banking Hours
Appendix E: Central Banks and Regulatory Agencies
Appendix F: Resources

Index

Authobiography of Michael Archer, Jim Bickford
Michael Duane Archer (Golden, CO) has been an active commodity futures and Forex trader for over thirty years. He has also worked in various advisory capacities, notably as a Commodity Trading Advisor and SEC registered Investment Advisor. He is currently CEO of CommTools, Inc., a think-tank focusing on cellular automata and complexity theory market forecasting solutions.

Jim L. Bickford is a twenty-seven-year software engineering veteran, technical analyst, and a very active FOREX day trader with an academic background in applied mathematics and statistics. He has numerous books to his credit and recently published Chart Plotting Algorithms for Technical Analysts.

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