Forex: The practice of speculating on exchange rates. Valery Udovenko
Another gift for fans of Forex trading, a book dedicated to trading exclusively on the foreign exchange market.
In fact, it can be called a textbook for a novice trader; it contains the basics of exchange activity , working with the trading platform and the basics of technical analysis.
Well, the most important thing is that the book reveals some practical aspects of Forex trading.
At the time of writing, “The Practice of Exchange Speculation in Currency Rates” described the latest technologies that were used in this area.
As the author states, this book is quite sufficient for self-studying the basics of Forex trading, and deeper skills can only be obtained through practical trading.
And the contents of the book speak for themselves:
2. Fundamental analysis - why it is so important to take into account economic and political events, factors that affect exchange rates , the psychology of decision-making in the Forex market.
3. Metatrader trading terminal - a short guide to working with this program, which is the main software for opening transactions.
Starting from appearance and main features, ending with opening orders. 4. Technical analysis – a brief introduction to technical analysis, its basic principles and techniques used to study the existing trend.
The essence of the graphic and mathematical method. 5. Capital management - why you need to use capital management in stock trading, modern methods of capital management when making stock transactions.
Overall, a pretty good textbook, although it cannot be said that everything is presented as simply as possible, but stock trading itself is far from an easy task.
The book will be useful for a beginner in the foreign exchange market. Download Forex: Practice speculating on exchange rates