(as of May 13,2020 04:32:19 UTC – Details)
Forex For Beginners is the prequel to my first two books,. A Three Dimensional Approach to Forex Tradingand A Complete Guide to Volume Price Analysis. This is your primer to the world of forex. It has been written in order to lay the foundations and provide the framework for getting started in the world of forex, in what I believe is the right way to go. My other books then build on what you learn here to develop your trading skills and knowledge.
What I’m trying to do in my book is to show you how to apply that knowledge to help you become a more confident trader. After all, learning is all well and good, but if we do not learn the practical application of that knowledge in a practical way, then it is of little use. It is the application of knowledge that empowers, and this is what I’ve been trying to do the same, and in my online training rooms, and all of my books.
Of course, there are a lot of books about forex trading. What is different about this book, the focus is on those aspects of the market, which, in my opinion, fundamental to his being. In fact, there are only two questions we need to answer when considering a position in the market:-
- What is the risk on this trade – high, medium, or low?
- What is the financial risk on this trade?
The first of these is the most difficult question to answer, and it is a book that will explain in detail the analysis and approach in order to answer this question with confidence. The second question is more straightforward and is answered provided you have a good understanding of risk, money management and position sizing in relation to your trading capital. Once again, this is covered in detail in the book. As the tag line on the front cover it says What you need to know to get up and running, and everything in between” that really sums up what you will learn in the course.
The book explains everything, from the pure mechanics to the trading methodology that I advocate, and which I have used in my own trading and investing for over 17 years. Forex For Beginners is also dedicated to all those traders who have asked me to write such an introduction based on my knowledge and my methodology. This book is for you.