Description
The only how-to guide to today?s most lucrative, fast-moving investment opportunity. Interactive CD included! Once considered the most abstract of all kinds of investing, foreign currency trading has exploded into the mainstream. In this concise, easy-to-follow guide, foreign exchange expert Gary Tilkin and financial journalist Lita Epstein shed light on the entire process, providing tips on successful trading strategies, explaining the pitfalls, showing how to avoid on-line fraud, and much more. --Interactive instructional CD features Global Foreign Trading?s proprietary software DEALBOOK, which allows readers to log on to its site and learn the process of currency trading, complete with virtual dollars with which to practice their new trading skills --Also includes live links to up-to-the-minute information on every foreign currency and current resources professional traders use to get insight into this fast-paced market
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This guide to foreign currency trading begins with the question of why to do it, the history of the foreign exchange market (Forex), finding information about it, and understanding terminology. The authors then discuss the forces that change the value of currencies, trading with industrialized and emerging nations, computer hardware and software, using technical and fundamental analysis, and risks. The concluding section describes strategies, placing orders, using mini accounts and professionals to trade, and fraud. The CD accompanying the book contains interactive links to resources and currency information, as well as the trading software DealBook 360. Tilkin is associated with an online foreign currency dealing company and has worked in the currency trading and futures markets for over 30 years. Epstein is a financial writer and develops online courses on investing for retirement and investing and finance for women. Annotation ©2008 Book News, Inc., Portland, OR (booknews.com)
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