Kathy Lien – The Insider’s Guide to Forex & Trading
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Product Description
The opportunities in the Forex market have attracted many traders but, is it where you want to achieve trading success? Let insider Kathy Lien, Chief Currency Strategist at Forex Capital Markets, walk you through the advantages this growing market brings and arm you with her years of expertise and successful strategies in this from-the-inside-out guide to Forex & Trading. You will get direct access to the tactics that provide the greatest potential without paying the high price expensive research time and mistakes. Also, Lien outlines why short-term traders are well suited for the foreign exchange markets and how the data available for currencies makes it ideal for technical analysis.
With thorough research and real-world approaches Lien shows you:
-How forex can be traded for the long or short term and the advantages of both approaches,
-Detailed explanations of what drives the trends in forex,
-The fundamental elements that influence forex and how to interpret them,
-Trading tactics unique to currencies that you can use to boost your trading portfolio,
-The four key rules to winning in forex.
See the advantages for yourself and get tactics you can use to limit your risk and protect your trading profits. Don’t go into currencies without the insight and perspective of an expert. From the return boosting advantage of interest paid out on currencies to the flexibility 24/7 markets offer, you’ll be ready to use the tactics, tools and experience in this course to tap into the huge potential Forex & Trading offers.
What is forex trading?
Forex, or foreign exchange, can be explained as a network of buyers and sellers, who transfer currency between each other at an agreed price. It is the means by which individuals, companies and central banks convert one currency into another – if you have ever travelled abroad, then it is likely you have made a forex transaction.
While a lot of foreign exchange is done for practical purposes, the vast majority of currency conversion is undertaken with the aim of earning a profit. The amount of currency converted every day can make price movements of some currencies extremely volatile. It is this volatility that can make forex so attractive to traders: bringing about a greater chance of high profits, while also increasing the risk.
Kathy Lien – The Insider’s Guide to Forex & Trading
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