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Monday, January 3, 2011

Currency Trading For Dummies

Currency Trading For Dummies is a very popular forex trading book written by Mark Galant and Brian Dolan. It is targeted mainly towards those people that are new to forex trading, and covers every single aspect of currency trading in some detail.

The Currency Trading For Dummies book, which has been the top-selling forex trading book on Amazon for some time now, is 360 pages long and is divided into 5 parts. There are 20 chapters in total and they cover a wide range of different subjects, as you can see from the list of contents below:

Introduction
Part 1 - Trading The World's Largest Financial Market
Chapter 1 - Currency Trading 101
Chapter 2 - What Is The Forex Market?
Chapter 3 - Who Trades Currencies? Meet The Players
Chapter 4 - The Mechanics Of Currency Trading
Part 2 - Moving Currencies: Driving Forces Behind Forex Rates
Chapter 5 - Getting To Know The Major Currency Pairs
Chapter 6 - Minor Currency Pairs And Cross-Currency Trading
Chapter 7 - Looking At The Big Picture
Chapter 8 - Understand And Applying Market News, Data And Information
Chapter 9 - Getting Down And Dirty With Fundamental Data
Chapter 10 - Cutting The Fog With Technical Analysis
Part 3 - Developing A Trading Plan
Chapter 11 - Training And Preparing For Battle
Chapter 12 - Identifying Trade Opportunities
Chapter 13 - Risk Management Considerations
Part 4 - Executing A Plan

Chapter 14 - Pulling The Trigger
Chapter 15 - Managing The Trade
Chapter 16 - Closing Your Position And Evaluating Your Trading Results
Part 5 - The Part Of Tens
Chapter 17 - Ten Habits Of Successful Currency Traders
Chapter 18 - Ten Beginner Trading Mistakes
Chapter 19 - Ten Rules Of Risk Management
Chapter 20 - Ten Great Resources
Index


The Currency Trading For Dummies book is not that useful for experienced traders like myself, but I think it's ideal for anyone who wants to learn the basics of forex currency trading. If you want to buy this book, or simply want to read some reviews from people who have purchased the book,

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