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    Forex Trading : Simple and Easy Guide to Forex Trading
    Unavailable
    Forex Trading : Simple and Easy Guide to Forex Trading
    Unavailable
    Forex Trading : Simple and Easy Guide to Forex Trading
    Ebook69 pages50 minutes

    Forex Trading : Simple and Easy Guide to Forex Trading

    By Matthew Roy

    4/5

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    Currently unavailable

    Currently unavailable

    About this ebook

    What is Forex Trading?

     

    Forex trading as it relates to retail traders (like you and I) is the speculation on the price of one currency against another. For example, if you think the euro is going to rise against the U.S. dollar, you can buy the EURUSD currency pair low and then (hopefully) sell it at a higher price to make a profit. Of course, if you buy the euro against the dollar (EURUSD), and the U.S. dollar strengthens, you will then be in a losing position. So, it's important to be aware of the risk involved in trading Forex, and not only the reward.

     

    • Why is the Forex market so popular?

     

    Being a Forex trader offers the most amazing potential lifestyle of any profession in the world. It's not easy to get there, but if you are determined and disciplined, you can make it happen. Here's a quick list of skills you will need to reach your goals in the Forex market:

     

    Ability – to take a loss without becoming emotional
    Confidence – to believe in yourself and your trading strategy, and to have no fear
    Dedication – to becoming the best Forex trader you can be
    Discipline – to remain calm and unemotional in a realm of constant temptation (the market)
    Flexibility – to trade changing market conditions successfully
    Focus – to stay concentrated on your trading plan and to not stray off course
    Logic – to look at the market from an objective and straight forward perspective
    Organization – to forge and reinforce positive trading habits
    Patience – to wait for only the highest-probability trading strategies according to your plan
    Realism – to not think you are going to get rich quick and understand the reality of the market and trading
    Savvy – to take advantage of your trading edge when it arises and be aware of what is happening in the market at all times
    Self-control – to not over-trade and over-leverage your trading account


    For more information click on BUY BUTTON

    LanguageEnglish
    PublisherNirvan Publishing
    Release dateJan 13, 2023
    ISBN9798215896037
    Unavailable
    Forex Trading : Simple and Easy Guide to Forex Trading

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