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Informationen zum Autor Mario Singh is founder and CEO of FX1 Academy, the first and largest Forex education company in Singapore and Malaysia. He has personally touched the lives of over 20,000 people, helping them move closer to their financial goals through Forex trading. Mario Singh is also the director of training and education of FXPRIMUS, Asia's fastest growing Forex broker. He is featured regularly in Smart Investor and Your Trading Edge, and has appeared on CNBC, Channel NewsAsia, "Personal Money," News Radio, City News, The Straits Times, FXstreet , and Your Choice. He also writes a weekly Forex column for a Singaporean national newspaper, My Paper. Klappentext A comprehensive guide to Forex trading for individual investorsCountless money-making opportunities abound in the Foreign Exchange (Forex) market every day, but how does an amateur investor take advantage of these opportunities to earn high returns? This book by CNBC-featured Forex Expert Mario Singh provides a comprehensive solution to this question.Following the first section that explains in plain English--what is Forex trading, how money is made in the Forex "game," the six major players involved, and the importance of knowing one's Trader Profile--the second section focuses on specific and practical guidance which includes:* A "Trader Profile Test" to help the reader get a clear picture of his natural trading style and which of five trading profiles he belongs to (Scalper, Day Trader, Swing Trader, Position Trader or Mechanical Trader)* 17 proven trading strategies (between 2 to 5 strategies for each trader profile) for the reader to immediately start cashing in on the Forex market* Descriptions of an array of real-world trading scenarios, with tips on how to address them* A section that shows the reader how to custom-tailor a trading system designed for his sensibilities and risk tolerance* Forex hedging strategies for finance professionals at multinational corporationsShort on theory and long on practical insights and step-by-step guidance, 17 Proven Currency Trading Strategies--How To Profit in the Forex Market will help anyone--from beginners to professionals, and everyone in between--to master the Forex market and be consistently profitable. Zusammenfassung A plain English approach to successful forex, filled with proven money-making strategies The foreign exchange (forex) market is the most actively traded market in the world, with hundreds of billions of dollars exchanged every day. Inhaltsverzeichnis Preface xi Acknowledgments xix Part One Forex Is a Game 1 Chapter 1 How to Play the Game 3 The Forex Game 3 Forex and the Seven Majors 5 Leverage 11 Summary 14 Chapter 2 How Money Is Made in the Game 15 Buy Low, Sell High 15 Three Points in Every Trade 17 Bid/Ask Spread 23 What Causes the Price of Currencies to Fluctuate? 25 Fraction Theory 30 Reading the Charts 31 Market Structure 37 Summary 48 Chapter 3 The Six Major Players 51 Central Banks 51 Commercial and Investment Banks 58 Multinational Corporations 62 Institutional Traders 68 Retail Forex Brokers 69 Retail Traders 70 Summary 70 Chapter 4 Why You Must Play the Game 73 Top 17 Reasons to Trade Forex 73 Summary 84 Chapter 5 Play It Your Way: Understanding Your Profile 87 The Experiment 88 Five Categories of Forex Traders 92 Your Perfect Strategy 98 Summary 107 Part Two Strategies to Win the Game 109 Includes details on the FXPRIMUS 100% bonus trading credit Chapter 6 Strategies for Scalpers 111 Strategy 1: Rapid-Fire Strategy 111 Strategy 2: Piranha Strategy 118 Ch...
