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Once dominated by global banks, hedge funds, and multinational corporations, the foreign exchange market, or forex, is now easily accessible to traders and investors around the world. But in order to make the most of your time in this market, you need to have a firm understanding of how it works.
Written by forex expert Kathy Lien, The Little Book of Currency Trading shows you how to effectively trade and invest in today's biggest market. Page by page, she describes the multitude of opportunities possible in the forex market, from short-term price swings to long-term trends, and details the practical products that can help you achieve success.
Along the way, Lien skillfully explains the forces that drive currencies and provides strategies to profit from them; reveals how you can use various currencies to reduce risk; and take advantage of global trends, and examines what you can do to make money without the stress of monitoring the market every day. Other issues addressed include:
Getting started in forex and finding the right approach for you
The most commonly made forex mistakes
Making the most of slow and steady investing as well as learning the fast and furious approach to forex
Avoiding popular forex scams
And much more
Filled with in-depth insights and practical advice, The Little Book of Currency Trading opens the world of currency trading and investing to anyone interested in entering this dynamic arena.
Praise for
THE LITTLE BOOK OF CURRENCY TRADING
"A Japanese proverb says, 'If you wish to know the road, inquire of those who have traveled it.' My friend Kathy clearly knows the FX road. Her wonderful book fuses together her years of real world trading experience with her skills at making the topic easy to understand (and fun!). This is a book that belongs on every forex trader's shelf no matter their level of experience."
—Steve Nison, CMT, President, www.nisonfx.com, and author of Japanese Candlestick Charting Techniques
"Kathy Lien is one of the best and brightest in the currency field. Her new book is a definite must-read for all new Forex traders. Kathy explains in an easy-to-understand yet practical format how to get started in currency trading."
—Andrew B. Busch, Global Currency and Public Policy Strategist, BMO Capital Markets
"Kathy Lien is one of the savviest currency analysts—The Little Book of Currency Trading will teach you more than just the basics!"
—Alexis Glick, former anchor for Fox Business Network's Money for Business and The Opening Bell
