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Basics of Forex Trading, The
- By Carley Garner
- Published Apr 11, 2011 by FT Press.
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Description
- Copyright 2011
- Dimensions: 5-3/8" x 8-1/4"
- Edition: 1st
- eBook
- ISBN-10: 0-13-273219-X
- ISBN-13: 978-0-13-273219-2
What you really need to know before trading FOREX--sorting through the myths and the misunderstood to better your odds of trading success!
The foreign exchange market, a.k.a. FX or FOREX, is a worldwide, decentralized, over-the-counter financial market that facilitates currency trading. There’s no exchange and no clearing or exchange guarantee. Created to simplify asset transfer, FX has become a hotbed of speculation. Some characteristics that make FOREX valuable to speculators also create a complicated, treacherous marketplace for those who aren't prepared.
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