Currency dealing, or how to make money honestly and independently. Safonov V.S
Recently, the term "dealing center" has often been perceived in a negative light, although dealing itself simply denotes a type of commercial transaction.
Accordingly, currency dealing involves concluding currency transactions on the forex market, and these operations are currently the most popular trading option.
There are many books on forex trading, each addressing specific issues. Today, we'll look at a book for beginners.
"Currency Dealing, or How to Make Money Honestly and Independently," written by V.S. Safonov, is a guide for the beginning trader.
And although twenty years have passed since its publication, many aspects described here remain relevant.
Contents of the main chapters:
Chapter 1 – why you need to earn money, so to speak, the psychological basis justifying the morality of this activity.
Chapter 2 – What is the global foreign exchange market, classification of currencies by popularity and convertibility, forex transactions and participants in the foreign exchange market.
Chapter 3 – the main principles of how to make even more money from money, technologies that banks and dealers use in their work.
Chapter 4 – What it takes to become a successful trader and who can play on the forex market.
Chapter 5 – Time arbitrage as the basis for earning money on currency speculation, currency quotes, operations, financial result.
Chapter 6 – information sources used in currency trading and rules for their application in trading.
Chapter 7 – Fundamentals of Risk and Capital Management. Risk diversification and important economic aspects.
Chapter 8 – what influences the formation of the current price, macroeconomic indicators, market sentiment, psychological factors as an integral part of successful work.
Chapter 9 – How to predict future prices using market analysis. Basics of fundamental and technical analysis.
Chapter 10 – Basic trading techniques currently found in stock trading. Description of the most popular strategy variants.
Chapter 11 – creating your own trading system, basic principles of construction and main requirements for the structure.
Despite the fact that the book was written 20 years ago, it has not lost its relevance, it contains the basic trading basics helping a beginner quickly understand the essence of the process.
Download the book Currency Dealing
Popular dealing centers - https://time-forex.com/dilingovye-centry
