Getting Started in Currency Trading: Winning in Today's Hottest Marketplace (Getting Started In.....) | 
| Author: Michael Duane Archer
Publisher: Wiley
Category: Book
List Price: $19.95
Buy New: $11.49
You Save: $8.46 (42%)
New (26) Used (3) from $11.49
Avg. Customer Rating:  35 reviews
Sales Rank: 18052
Media: Paperback
Edition: 2
Number Of Items: 1
Pages: 284
Shipping Weight (lbs): 0.9
Dimensions (in): 9.1 x 6.1 x 0.9
ISBN: 0470267771
Dewey Decimal Number: 332.45
EAN: 9780470267776
ASIN: 0470267771
Publication Date: June 30, 2008 (New: Last 30 Days)
Availability: Usually ships in 1-2 business days
Shipping: Expedited shipping available
Condition: Brand New. Excellent Condition. Immediate Shipping. In Business Since 1967. (For Fastest Delivery Via Either Priority Mail Or Ground UPS Please Select Expedited Shipping. Expedited Shipping Is Particularly Recommended For The Western U.S. Since We Ship From New York.)
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Product Description
Finance
AN UP-TO-DATE INTRODUCTION TO ONE OF TODAY'S HOTTEST AREAS OF TRADING
GETTING STARTED IN CURRENCY TRADING
SECOND EDITION
"As a novice trader of currencies, Mr. Archer's book has been an invaluable resource for me, as my dog-eared and dilapidated copy can surely attest. Concise yet comprehensive, he provides the framework for developing a trading strategy that new traders can easily follow and veterans can surely benefit from. For anyone involved in trading FOREX, I cannot recommend this book enough as mandatory reading."
-Jeff Marsick, Research Analyst, Avatar Associates
"This book by Michael Duane Archer evaluates with remarkable profundity and extent the world of currency trading. The author's experience is enormous and dates back to the beginning of foreign exchange trading as we know it today. A brilliant reference companion and a must for any currency trader's library."
-Peter Panholzer, DynexCorp
While the Foreign Exchange (FOREX) market can be a very profitable place, you must have a firm understanding of how to operate within this environment if you intend on achieving any success. That's why you need Getting Started in Currency Trading, Second Edition. This reliable resource-written for both newcomers and those with some FOREX experience-puts trading world currencies in perspective, and shows you exactly what it takes to make it in this field. Topics include:
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The rapidly expanding and evolving online trading marketplace for spot currencies, generally referred to as retail FOREX
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The process of initiating and liquidating a live market order
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The advantages and disadvantages of fundamental and technical analysis
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The wealth of FOREX products and services now available from third-party vendors
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The psychology of trading and the stresses that may accompany this endeavor
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Advanced strategies such as options, exotics, and arbitrage
Download Description
An accessible introduction to the exploding foreign exchange trading market Getting Started in Currency Trading is both an introduction and reference tool for beginning and intermediate foreign exchange (Forex) traders. This information-packed resource opens with a clear description of the Forex market and a section of Forex terms that are clearly defined with examples. Readers are then shown how to open their own trading account with step-by-step instructions-accompanied by numerous screen shots of what to expect inside a dealer's trading platform-that walk them through the physical process of placing and liquidating currency orders. Other chapters introduce various trading strategies and tactics in detail, along with some fundamental and technical analysis to assist the trader in their decision-making process.
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| Customer Reviews: Read 30 more reviews...
 Getting Started in Currency Trading June 20, 2008
I originally bought this book in February 2007 after watching an infomercial on currency trading. This book is good for anybody who wants to start currency trading but dont know where to begin. After reading it, I was hooked.Now one year leter I am trading the currency market and now I am successful at it.
This book will give you the basic knowledge and foundation of the currency market.If you are someone who is already trading and have experience then this book is not for you.
Also once you read this book read it at least two more times.
 Great overview of the market. February 29, 2008
I have been trading currencies for about a year and a half now, and this was a great start to get a broad picture of the FX market.
This isn't a "dummies" step by step but it is a clear overview of trading in the currency market.
It could be written with a little more... excitement or novelty. It is a fairly clinical read. It isn't a good comparison but triple w dot babypips dot com is a fun version of the material in this book. They are not associated but the web site is a good primer for this read (or vise versa).
The basics are all covered and that makes it worth the price.
General Overview January 10, 2008
This book is very true to its name, definitely for those of us who aren't experts at trading yet. The book is filled with a general overview of the forex world and I would say that this book should be the first one any novice picks up (even before babypips).
The best to begin with January 10, 2008
After reading a ton of books, finally one that is really helpful in making a good foundation for you trading habits.
This book gives a lot of basic information about Forex (useful to those like me who wants to know everything about), good hints about risk and money management.
But if you want to study seriously, a must is the second title of the author Getting Started in Forex Trading Strategies (Getting Started In.....)
 Hardly worth the money you pay January 9, 2008
I was disappointed that this book contained only a rather broad and vague overview of terms and concepts related to currency trading. I was hoping to get a little more detail about trading techniques or strategies. This book might still be considered a useful reference for the *absolute* novice trader... except for the fact that in my experience, all of the information contained in it (and more) is available for free on the tutorial pages of major online forex brokers. The quality of the writing on the brokers' websites is generally higher than that of this book, as well. In the end, the book is not horrible, but I don't think it's worth even the discounted price that you pay for it on Amazon.
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