The Little Book of Currency Trading: How to Make Big Profits in the World of Forex Audible Audiobook – Unabridged
Once dominated by global banks, hedge funds, and multinational corporations, the foreign exchange market, or forex, is now easily accessible to traders and investors around the world. But in order to make the most of your time in this market, you need to have a firm understanding of how it works.
Written by forex expert Kathy Lien, The Little Book of Currency Trading shows you how to effectively trade and invest in today’s biggest market. Minute by minute, she describes the multitude of opportunities possible in the forex market, from short-term price swings to long-term trends, and details the practical products that can help you achieve success.
Along the way, Lien skillfully 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; and examines what you can do to make money without the stress of monitoring the market every day. Other issues addressed include:
- Getting started in forex and finding the right approach for you
- The most commonly made forex mistakes
- Making the most of slow and steady investing as well as learning the fast and furious approach to forex
- Avoiding popular forex scams
- And much more
Filled with in-depth insights and practical advice, The Little Book of Currency Trading opens the world of currency trading and investing to anyone interested in entering this dynamic arena.
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|Listening Length||4 hours and 33 minutes|
|Whispersync for Voice||Ready|
|Audible.com Release Date||March 18, 2011|
|Publisher||Gildan Media, LLC|
|Best Sellers Rank|| #113,429 in Audible Books & Originals (See Top 100 in Audible Books & Originals) |
#27 in Foreign Exchange (Audible Books & Originals)
#198 in Industrial Management & Leadership
#209 in Foreign Exchange (Books)
Top reviews from the United States
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I enjoyed this book as I did in her other book on day and swing trading of currency market. A good and effortless writer she is using simple and clear words to communicate her ideas.
Well done Kathy.
Kathy Lien, is a smart woman and a good author. Buying this book couldn't possibly hurt you, but it could help you!
The book's chapter titles will tell you the cliche'd nature of the writing - chapter 3 A's to Z of forex, chapter 6 - investor vs trader, chapter 11 top 10 mistakes.
There are 20 pages of decent writing - and it's about the bollinger bands and a strategy that I have actually never read before.
Chapter 8 which covers value investing strategy based on the double bollinger bands and Chapter 9 which covers trading the news.
Chapter 8 is a good strategy to have in your arsenal, and this one chapter pretty much will make your 10 bucks a worthy investment. Chapter 9 is fairly similar to all the other trading news strategies out there, with her own opinion of how you should take trades based on how strong the prevailing sentiment is.
I was hooked from page one and completed reading this in around 2 days. Now when I read blogs or visit websites which talk about Forex I have a fairly decent idea about what the discussion is about and it helps me grasp the concepts and get new ideas. As they say - "To learn a new skill, your fundamentals should be solid" and this books will certainly help a lot of beginners to get on a solid footing.