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Bezig met laden... Forex Trading QuickStart Guide: The Simplified Beginner's Guide to Successfully Swing and Day Trading the Global Foreign Exchange Market Using Proven Currency Trading Techniquesdoor Troy Noonan
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Meld je aan bij LibraryThing om erachter te komen of je dit boek goed zult vinden. Op dit moment geen Discussie gesprekken over dit boek. Deze bespreking is geschreven voor LibraryThing Vroege Recensenten. Noonan’s book on Forex trading is a good starter’s guide. It gives basic and essential information on how to select a broker, set up an account, and start making simulated trades to get the hang of risking real funds in these markets. Forex trading is a bit different than trading equities. For one, there are no company fundamentals and quarterly reports to keep track of. It seems to be more purely suited to technical trading and that is clearly Noonan’s favored trading approach, following moving average indicators to time momentum price swings. Tthe chapters included on technical trading would merit reading more than once for someone not already familiar with the terminology. Technical trading can be complicated. These were the least asset-specific pieces of content and seem like they could have been repurposed from a book on technical trading of equities. Noonan does include a big picture overview of how currency prices are affected by macro economic events, but one wonders why given that the trading approaches described are clearly technical and almost without any view to underlying market or geo-political events. That said, the writing is wonderfully clear. I was surprised at how easy it was to follow the explanations provided in every chapter. The book is nicely formatted with an able use of graphics in most chapters that highlight key notes and chapter summary points. And readers get access to some free analysis tools developed by Noonan for tracking and analyzing trades. One of the most interesting ideas he presents is that Forex traders can work in a snapshot trading window, basically a defined block of time, e.g. between 6-8pm (forex markets are open around the clock), and trade when it fits one’s schedule. He shows how to use certain technical price indicators to look for a trade to set up and exploit during the window. It’s something I want to try - after I spend more time learning the technical approach. geen besprekingen | voeg een bespreking toe
In Forex Trading QuickStart Guide, author and veteran trader Troy Noonan draws on his decades-long career spent in the trenches of the foreign currency markets to outline the exact path that new forex traders should take.The book presents insights distilled from thousands of trades on the global forex markets, including guidance on technical and fundamental analysis, interpreting charts, and mastering the psychology of successful forex traders.Wild trading successes, the lessons learned from painful failures, and the resulting forex trading fundamentals that Troy has imparted to thousands of trading students are on full display in this book. It doesn't matter if you are an experienced trader who is new to the foreign currency asset class or a complete novice just getting started-this book will demystify the international foreign currency market and put you firmly on the path to success! Geen bibliotheekbeschrijvingen gevonden. |
Deelnemer aan LibraryThing Vroege RecensentenTroy Noonan's boek Forex Trading QuickStart Guide: The Simplified Beginner's Guide to Successfully Swing and Day Trading the Global Foreign Exchange Market Using Proven Currency Trading Techniques was beschikbaar via LibraryThing Early Reviewers. Actuele discussiesGeen
Google Books — Bezig met laden... GenresDewey Decimale Classificatie (DDC)910.5History and Geography Geography and Travel Geography and Travel Serial publicationsLC-classificatieWaarderingGemiddelde:
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Any financial investment undertaking is not easy. Much to learn and many hot stoves to encounter. Forex is right up there on the top of the list for this. It is fairly easy to set up an account and plunge in and fairly easy to get burned if one is not planted with feet firmly on the ground. Troy explains things in a way so a newbee can avoid the missteps and crashes that so nearly all will face.
He gives a through explanation of what Forex is about as well as the brokers you will encounter and the various platforms to trade with. He then takes you step by step in the proper way to organize, plan, and execute trades with baby steps to learn the good habits to get down first, unlike most who plunge in head first.
I had the e-edition and I think the physical copy would be an easier format to page back and forth with and study. But the e-edition will still get he job none.
My advice, get the book read it, study it, read it again. You will be eons ahead of those who try to figure it out on their own or start on with one of the many sources out there that are not so wise. ( )