Foreign currency exchange—"Forex"—is today's #1 new investment opportunity. Revolutions in technology, regulation, and globalization have made Forex trading accessible to every active investor. Only one thing has been missing: An objective, clear "user's guide" to Forex trading. Now it's here—and it's in your hands.
Every day,more than $1.5 trillion in currency trades are executed. That dwarfs the daily volume of the NYSE, NASDAQ, FTSE, DAX, and Tokyo Nikkei—combined! Today's growing currency volatility has made Forex the place to earn huge profits. Think Forex is just for secretive financiers and central bankers? Not any more! The rules have changed, and this book shows you exactly how to get in on the action.
No other book offers as much unbiased, practical, how-to guidance for trading from Forex. Peter Rosenstreich doesn't just present his own techniques—he reveals never-before-published tips and techniques from traders throughout the industry. Above all, Mr. Rosenstreich tells you the whole truth: How currency markets work, how to trade, what the risks are, what to do about them...and what it really takes to win.
In this book, Peter Rosenstreich brings together insider techniques from all over the industry: Traders, banks, Forex firms, even the National Futures Association. You'll find expert guidance on everything from handling 24/7 markets to profiting from the emergence of China.
Simply and clearly, Forex Revolution reveals everything you need to know to trade Forex hands-on—from fundamental and technical trading strategies to the unyielding discipline that's essential to success.
Forex Revolution offers students and investors a complete, practical, and honest “user’s guide” to Forex trading, including realistic assessments of Forex risks and pitfalls. Long-time trader Peter Rosenstreich explains why today’s global economic conditions make Forex trading attractive and provides all the unbiased, up-to-the-minute information and hands-on techniques to profit immediately.
Unlike other books, Forex Revolution doesn't require you to subscribe to costly services or purchase expensive tools. Whether you're an individual investor or a money manager new to Forex, this book gives you all you need: Facts, techniques, resources and—above all—the insider's edge.
*Why Forex has become your #1 profit opportunity
How the currency markets became indispensable to the active investor
*Meet the players, markets, tools, portals, and platforms
Everything you should know before you get started
*Choose the right FX investments
Understand currency futures, options, swaps, and more
*Master both fundamental and technical trading strategies
and discover why you need to know both
*Gut check: What it takes to win in the Forex markets
Develop the discipline you need to succeed
Author Peter Rosenstreich’s short, concise guide is a neophyte’s introduction to the world of foreign exchange trading. Its chief virtue is that it warns against trading if you don’t have a strategy and some level of technology. Its chief vice is the suggestion that it is realistic for individual investors to expect to make money in the foreign exchange markets. The author cautions against the risks of the market (and gives good advice on spotting the most egregious frauds).
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