Getting Started in Currency Trading

AN UP-TO-DATE INTRODUCTION TO ONE OF TODAY'S HOTTEST AREAS OF TRADINGGETTING STARTED IN CURRENCY TRADINGSECOND EDITION"As a novice trader of currencies, Mr. Archer's book has been an invaluable resource for me, as my dog-eared and dilapidated copy can surely attest. Concise yet comprehensive, he provides the framework for developing a trading strategy that new traders can easily follow and veterans can surely benefit from. For anyone involved in trading FOREX, I cannot recommend this book enough as mandatory reading."-Jeff Marsick, Research Analyst, Avatar Associates"This book by Michael Duane Archer evaluates with remarkable profundity and extent the world of currency trading. The author's experience is enormous and dates back to the beginning of foreign exchange trading as we know it today. A brilliant reference companion and a must for any currency trader's library."-Peter Panholzer, DynexCorpWhile the Foreign Exchange (FOREX) market can be a very profitable place, you must have a firm understanding of how to operate within this environment if you intend on achieving any success. That's why you need Getting Started in Currency Trading, Second Edition. This reliable resource-written for both newcomers and those with some FOREX experience-puts trading world currencies in perspective, and shows you exactly what it takes to make it in this field. Topics include:The rapidly expanding and evolving online trading marketplace for spot currencies, generally referred to as retail FOREXThe process of initiating and liquidating a live market orderThe advantages and disadvantages of fundamental and technical analysisThe wealth of FOREX products and services now available from third-party vendorsThe psychology of trading and the stresses that may accompany this endeavorAdvanced strategies such as options, exotics, and arbitrageArcher, Michael Duane is the author of 'Getting Started in Currency Trading' with ISBN 9780470267776 and ISBN 0470267771.