Getting Started in Currency Trading: Winning in Today's Hottest Marketplace

Michael D. Archer · James Lauren Bickford

Jun 2005 · Sold by John Wiley & Sons

About this ebook

Getting Started in Currency Trading is both an introduction and reference tool for beginning and intermediate foreign exchange (Forex) traders. This information-packed resource opens with a description of the Forex market and a section of clearly defined Forex terms with examples. You'll learn how to open your own trading account by following step-by-step instructions and numerous screen shots that show you what expect inside a dealer's trading platform. You'll walk through the physical process of placing and liquidating currency orders. Later chapters introduce various trading strategies and tactics in detail, along with some fundamental and technical analysis that will help you win in the exploding foreign exchange trading market.

Ratings and reviews

I read the book cover to cover in two sittings. Easy to read and is worth the time for people looking for general knowledge. I recommend this book for someone who is preparing to go on a first date with a trader and they want to have some intelligent conversation. This book does not give you any concrete strategies on how to create a profitable trading account. A few good nuggets made this book worth the read, but it won't be on my list of must reads.

AÀA BOSS NETWORK

About the author

Michael Duane Archer (Golden, CO) has been an active commodity futures and Forex trader for over thirty years. He has also worked in various advisory capacities, notably as a Commodity Trading Advisor and SEC registered Investment Advisor. He is currently CEO of CommTools, Inc., a think-tank focusing on cellular automata and complexity theory market forecasting solutions.

Jim L. Bickford is a twenty-seven-year software engineering veteran, technical analyst, and a very active FOREX day trader with an academic background in applied mathematics and statistics. He has numerous books to his credit and recently published Chart Plotting Algorithms for Technical Analysts.