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Home > Business & Economics > International > Foreign Exchange > Forex Conquered: High Probability Systems and Strategies for Active Traders
Forex Conquered: High Probability Systems and Strategies for Active Traders
by Person, John L.
 
 
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Forex Conquered: High Probability Systems and Strategies for Active Traders
Praise for FOREX CONQUERED

"In this amazing book, John covers it all. From trading systems to money management to emotions, he explains easily how to pull money consistently from the most complicated financial market in the world. John packs more new, innovative information into this book than I have ever seen in a trading book before."
—Rob Booker, independent currency trader

"John Person is one of the few rare talents that are uniquely qualified to help traders understand the process of successful trading. With today's markets becoming increasingly challenging, John has cut right into the essentials and brought forward the much-needed tools of forex trading. This clear and well-organized publication is a major step forward in helping traders gain an edge. I would highly recommend Forex Conquered as a valuable handbook for both aspiring and experienced traders alike."
—Sandy Jadeja, Chief Market Analyst and EditorLondon Stock Exchange, London, England

"Forex Conquered is a bold title, but this book delivers the tools needed for successful forex trading. There is no fluff here, just the wisdom of a trading veteran that I have always respected-and followed."
—Michael Kahn, Editor, Quick Takes Pro market letter and Columnist, Barron's Online

"This is a wonderful, in-depth view into the explanation of technical analysis and prudent money management guidelines in the forex market."
—Blake Morrow, President, 4XMadeEasy

"Forex Conquered is a meaningful contribution to the growing number of books on forex trading. John Person provides a professional view of forex trading that readers will be able to use as a guide for strategies and tactics that work. The scope of the book covers more than forex and includes salient aspects of futures and option trading. It should be read and then re-read!"
—Abe Cofnas, President, Learn4x

Note: CD-ROM/DVD and other supplementary materials are not included as part of eBook file.



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Title of ebook: Forex Conquered: High Probability Systems and Strategies for Active Traders
ISBN: 9780470127049
parent-ISBN: 9780470097793
Publisher: John Wiley & Sons, Inc.
Internet download file size: 12944 kb
Pages: 291
Published: 04-2007
Released online for download: 04-18-2007
Author of eBook: Person, John L.
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Forex Conquered

High Probability Systems and Strategies for Active Traders

Chapter One

The Business of Trading Money

WHAT IS FOREX?

Foreign currency is simply money valued against one currency or another, in most cases the U.S. dollar. Simply put, a forex trader is simultaneously buying one currency and selling off another. Money, after all, is what makes the world go 'round. There will always be demand and activity in this product. How to successfully trade this market or any market requires proper education of the vehicle in which you are trading and knowledge of the basic fundamentals and technical analysis tools. One also has to be fairly savvy in technology, as forex trading is virtually all done online through the Internet. Conquering the forex market and mastering success in trading absolutely requires identifying and learning how to avoid a multitude of pitfalls more than it does identifying trading opportunities. In fact, most professional traders will tell you that it is not any specific trading methodology or trad ... read full excerpt from Forex Conquered: High Probability Systems and Strategies for Active Traders ebook



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