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The Forex Trading Manual: The Rules-Based Approach to Making Money Trading Currencies by Javier Paz

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INTRODUCTION

Forex trading is risky.

The risk is high because the revenue potential is also high. Foreign exchange markets* are huge and exiting. Aite Group and the Bank for International Settlements (BIS) estimate that more than US$4.5 trillion changes hands each day in currency markets. But it would be a big mistake to think that just because this market is large, new traders will have an easy time learning to make money. The Forex Trading Manual is a book based on the notion that if you are to become a proficient forex trader, planning is required.

Most of the rules and perspectives of trading you will learn will be applicable to anything you trade in the future: forex, stocks, options, futures, or commodities. This book happens to be about ...

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