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The Little Book of Currency Trading

How to Make Big Profits in the World of Forex

Kathy Lien

$46.95

Paperback

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English
Wiley
16 December 2010
An accessible guide to trading the fast-moving foreign exchange market

The foreign exchange market, or forex, was once dominated by global banks, hedge funds, and multinational corporations, but that has all changed with Internet technology and the advent of online forex brokers. Now, hundreds of thousands of traders and investors around the world can participate in this profitable field.

Written by forex expert Kathy Lien, The Little Book of Currency Trading will show you how to effectively invest and trade 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 practical products that can help you achieve success, such as currency-based ETFs.

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 Examines financial vehicles that can help you make money without having to monitor the market every day

The Little Book of Currency Trading opens the world of currency trading and investing to anyone interested in entering this dynamic arena.

By:  
Imprint:   Wiley
Country of Publication:   United States
Dimensions:   Height: 183mm,  Width: 132mm,  Spine: 25mm
Weight:   249g
ISBN:   9780470770351
ISBN 10:   047077035X
Series:   Little Books. Big Profits
Pages:   224
Publication Date:  
Audience:   Professional and scholarly ,  Undergraduate
Format:   Paperback
Publisher's Status:   Active
Introduction xi Chapter One When Lightning Strikes 1 Chapter Two Rubles and Bahts and Euros—Oh, My! 19 Chapter Three The A to Zs of Forex 35 Chapter Four Step Right Up 53 Chapter Five Movers and Shakers 63 Chapter Six The Investor versus the Trader 77 Chapter Seven What All Winners Do 89 Chapter Eight So You’re an Investor? 105 Chapter Nine So You’re a Trader? 119 Chapter Ten Risky Business 133 Chapter Eleven The Top 10 Mistakes 145 Chapter Twelve Greetings from Nigeria, Please Help! 157 Chapter Thirteen Getting Down to Business 169 Chapter Fourteen Crash, Burn, and Learn 181 Chapter Fifteen Start Smart 193 Author’s Disclaimer 197

KATHY LIEN is the Director of Currency Research for Global Forex Trading (GFT), a Division of Global Futures & Forex, Ltd. She also runs an FX signal service, BKForex Advisor, with Boris Schlossberg. Prior to joining GFT, Lien was the chief strategist of DailyFX.com and an associate at JPMorgan Chase, where she worked in cross-markets and foreign exchange trading. As an internationally renowned currency strategist, Lien specializes in combining fundamental and technical analysis. With more than ten years of currency trading experience, Lien is a frequent guest host of CNBC Asia and Sky Business News and has appeared on CNBC (U.S. and Europe), Bloomberg, Fox Business, and Reuters. She is a regulator contributor to Active Trader, Futures, and SFO magazines and is quoted by financial publications around the world. Lien is also the author of the two editions of Day Trading and Swing Trading the Currency Market as well as Millionaire Traders, which are published by Wiley.

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