The Basics of Forex Trading

Book description

What you really need to know before trading FOREX--sorting through the myths and the misunderstood to better your odds of trading success!

The foreign exchange market, a.k.a. FX or FOREX, is a worldwide, decentralized, over-the-counter financial market that facilitates currency trading. There’s no exchange and no clearing or exchange guarantee. Created to simplify asset transfer, FX has become a hotbed of speculation. Some characteristics that make FOREX valuable to speculators also create a complicated, treacherous marketplace for those who aren't prepared. 

Product information

  • Title: The Basics of Forex Trading
  • Author(s): Carley Garner
  • Release date: April 2011
  • Publisher(s): Pearson
  • ISBN: 9780132732208