Forex from the first person. Vedikhin A, Petrov G, Shilov B.

Today, books on how to trade Forex are written even by people who have never traded in this market.

It is quite rare to find a truly professional publication from which you can glean the correct information.

The book, written by three authors at once, “Forex from the first person” is different from the mass of literature now present in stores.

It was written by employees of one of the largest brokerage companies Alpari , who share their knowledge about trading in the foreign exchange market.

An interesting feature of the book is that it is designed for both beginners in trading and professionals.

To decide whether you need this book, read its summary:

1. Basic information about Forex - an introductory part about what a currency exchange is, what currencies are traded on it and who are the main Forex participants. And also about what kind of quotes there are.

2. Forex is a tool for generating income for investors - why they earn so much on Forex, how it is organized online trading, programs that allow you to open transactions on the currency exchange.

3. Methods of analyzing financial markets - a description of various technical analysis methods that help in analysis. Basic principles of using fundamental analysis in trading and indicators that affect exchange rates.

4. Recommendations for creating your own strategy - the basic principles of creating your own strategy and the stages of creating a trading system.

5. Exchange rate dynamics and risk management - how professional currency trading works, types of Forex transactions.

6. Balance of payments risk management - what is the balance of payments, capital account and interest rate accounting.

7. Hedging international portfolios - how hedging works in the foreign exchange market and what are its main features.

8. Futures and options in risk management - what are these two instruments for and how are they used in stock trading.

As you can see for yourself, the book contains simply a sea of ​​useful information about various aspects of trading in the Forex market.

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