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The Forex Trader’s Handbook: A Beginner’s Guide to Mastering the Currency Markets is a comprehensive guide to forex trading, which covers everything from the basics of currency trading to advanced strategies and techniques for maximizing profits in the forex market.
The book begins by introducing the key players in the forex market, including central banks, commercial banks, and retail traders. It also covers the major currency pairs and the factors that can influence their movements, such as economic indicators, political events, and market sentiment.
Next, the book delves into different trading strategies, including trend following, range trading, and fundamental analysis. It explores the pros and cons of each approach, and provides examples and case studies to illustrate how they can be used in real-world trading situations.
In addition to trading strategies, the book covers risk management techniques such as stop loss orders and risk-reward ratios, and the importance of developing a trading plan to guide decisions and manage risk.
The book also discusses the role of trading psychology in forex trading, and how traders can manage emotions, reduce stress, and improve decision-making skills.
Finally, the book covers common mistakes that traders can make in the forex market, and provides practical tips and strategies for avoiding them and maximizing profits.
Overall, this book is an essential resource for traders of all levels, offering a comprehensive overview of the forex market and practical tools and techniques for maximizing profits in the market.
ASIN : B0BRQRX4TT
Publication date : January 4, 2023
Language : English
File size : 1483 KB
Text-to-Speech : Enabled
Screen Reader : Supported
Enhanced typesetting : Enabled
X-Ray : Not Enabled
Word Wise : Enabled
Sticky notes : On Kindle Scribe
Print length : 41 pages
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