The sensible guide to Forex: safer, smarter ways to survive and prosper from the start

The Sensible Guide to Forex: Safer, Smarter Ways to Survive and Prosper from the Startis written for the risk averse, mainstream retail investor or trader seeking a more effective way to tap forex markets to improve returns and hedgecurrency risk. As the most widely held currencies are being devalued, they'retaking your portfolio down with them—unless you're prepared.For traders, the book focuses on reducing the high risk, complexity, and time demands normally associated with forex trading.For long-term investors, it concentrates on how to hedge currency risk by diversifying portfolios into the strongest currencies for lower risk and higher capital gains and income.The usual forex materials don't provide practical answers for most retail traders or longer term investors. Virtually all forextradingmaterials focus on time-consuming, high-leverage, high-risk methods at which most traders fail. Materials aboutlong-term investingin foreign assets rarely take into account the prospects of the related currency. A falling currency can turn an otherwise good investment into abad one.Throughout the book, the emphasis is on planning and executing only low risk, high potential yield trades or investments and avoiding serious losses at all costs. Packed with richly illustrated examples every step of the way and including additional appendices and references to online resources, the book is the ultimate guide to forex for retail traders and investors seeking to tap forex markets for better currency diversification and income.Provides traders with safer, smarter, less complex and time-consuming ways to trade forex with higher odds of success. These include the use of such increasingly popularnew instruments like forex binary options and social trading accounts that mimic expert traders.Shows investors how to identify the currencies most likely.

• ISBN: 978-1-118-15807-4
• Editorial: John Wiley & Sons
• Encuadernacion: Cartoné
• Páginas: 432
• Fecha Publicación: 05/09/2012
• Nº Volúmenes: 1
• Idioma: Inglés