Coming from a family of investors and graduating with a finance degree from Singapore, I’ve read tons of books on trading and also spent over $60,000 just to learn about the financial markets.Applying what I’ve learned over the years, I’ve managed to clinch the #1 grand prize at a Singapore nationwide forex trading championship.Since I have a finance background, I want to write a book from a professional trader’s perspective rather than a retail trader’s perspective. Most retail traders focus too much on technical analysis. However, this is not a sufficient trading tool if one wants to succeed as a trader.A lot of the educational content that you see online is also too focused on technical analysis alone. This is a tool that you’ll need as a currency trader, but it is not the most important tool.In fact, bank traders and hedge fund traders don’t even use a lot of indicators. Their charts are often very clean since they are using other tools to analyse the markets.To become a successful forex trader, you’ll need to have the whole package. That is why in this currency trading book, I’ll teach you the various tools you’ll need to succeed as a forex trader. You’ll learn:Basic terms and principles of currency tradingFundamental analysis (economic indicators, central banks, monetary policies, currency fundamentals)Sentiment analysis (high yield and low yield currencies, fear index)Introduction to Brokers (types, criteria for picking, action plan)Price action strategies (candlestick patterns, support & resistance, trendlines, moving averages, and momentum indicators)Risk management tools and application Trading psychology hacks Trading plan (template included)Trading journal (template included)How to sustain your trading businessBONUS: Useful websites for tradersSo much more……Add these tools to your trading plan and you’ll be able to increase the probability of your trades. Most forex traders trade in a bubble relying too much on indicators alone, that is why they lose.Most retail forex traders also do not bother to look at other markets and use the power of correlations to their advantage. I’ll share with you in this currency trading book on how you can conduct intermarket analysis as well.Experienced currency traders can also pick up some new trading hacks or even use this book as a refresher. Non-trading professionals will also be able to learn how the various economic indicators can affect their lives and the overall economy.At the end of this trading book, I’ll share with you tips and tricks on how you can sustain your trading account and trading business. This is so that you can last long term as a currency trader since most traders quit just after a few months.At the end of the day, it is your decision whether you wanna buy this book or not. If you don’t want to spend money on a forex trading book, then you can always head to my Youtube channel (Karen Foo) for free courses. You decide. Happy learning!
✔ Author(s): Karen Foo,SY Thoo,Dr. Patrick Liew,James Tan,Philip Teo
✔ Title: Fundamentals Of Currency Trading: Mastering Technical Analysis, Fundamental Analysis, Trading Psychology & Risk Management
✔ Rating : 4.9 out of 5 base on (173 reviews)
✔ ISBN-10: B09QF44L3D
✔ Language: English
✔ Format ebook: PDF, EPUB, Kindle, Audio, HTML and MOBI
✔ Device compatibles: Android, iOS, PC and Amazon Kindle
Readers' opinions about Fundamentals Of Currency Trading by Karen Foo
Audriana Daly
Experience a heartwarming journey of self-discovery and love in this beautifully written novel. The protagonist's struggles and triumphs are portrayed with incredible empathy. Richly developed characters and a compelling plot make the story unforgettable. The emotional depth of the narrative resonates long after the book is closed. It's a touching tale that celebrates the human spirit. Perfect for readers seeking an uplifting read.
Arabella Whitfield
Travel back in time with a historical epic that vividly recreates a bygone era. The author's meticulous research and engaging prose transport you to another world. Complex characters and intricate plots keep you enthralled from beginning to end. Each chapter reveals new insights into the period's culture and society. It's a captivating blend of history and fiction. Ideal for history buffs and lovers of epic sagas.
Lola Frye
Explore the impact of technology on society in this thought-provoking novel. The author's insightful writing and compelling characters create a narrative that challenges your perceptions. Each chapter delves into the complexities of modern life with depth and nuance. The plot's twists and turns keep you engaged throughout. It's a story that prompts deep reflection on the role of technology in our lives. Perfect for readers interested in contemporary issues.
The Gift of Tears, Crazy House (Crazy House, 1), From Knowledge To Power: The Comprehensive Handbook for Climate Science and Advocacy, Dragon Captives (1) (The Unwanteds Quests), The Breakthrough Code: A Story About Living A Life Without Limits, Strong Memory, Sharp Mind: Anti-Aging Strategies for Your Brain, The Professional’s Guide to Health and Wellness Coaching, Theory for the Working Sociologist, The Sun Also Rises (Vintage Classics), Murder with Darjeeling Tea (A Daisy’s Tea Garden Mystery),