Forex from the first person. Vedikhin A, Petrov G, Shilov B.
Today, books on forex trading are written even by people who have never traded in this market.
It's quite rare to find a truly professional publication that provides accurate information.
A book written by three authors, "Forex in the First Person," stands out from the mass of literature currently available in stores.
of Alpari one of the largest brokerage companies , who share their knowledge of forex trading.
An interesting feature of the book is that it is designed for both trading novices and professionals.
1. Basic information about Forex – an introduction to the currency exchange, what currencies are traded, and who the main participants are. It also covers the different types of quotes.
2. Forex as a tool for generating income for investors – why do they earn so much on Forex, how is it organized? online trading, programs that allow you to open transactions on the currency exchange.
3. Financial Market Analysis Methods – A description of various technical analysis methods that aid in analysis. Basic principles of applying fundamental analysis in trading and indicators that influence 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 – Understanding 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 exchange trading.
As you can see, the book contains a wealth of useful information on various aspects of Forex trading.
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