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Forex: Quick Starters Guide to Forex Trading

Quick Starters Guide to Trading, Book 2
Narrated by: Dean Eby
Length: 3 hrs and 13 mins
5 out of 5 stars (7 ratings)

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Summary

This bundle is a trio of Andrew Johnson's masterpieces on forex which includes Forex: A Beginner's Guide to Forex: Uncover the Secrets of Forex; Forex: The Ultimate Guide to Forex: Uncovering Forex Profit Making Secrets; and Forex: Strategies on How to Excel at Forex Trading: Trade like a King.

When it comes to generating the maximum amount of return for the minimal amount of investment, the forex market is always going to be the best choice. The amount of leverage it is possible to achieve in the forex market simply can't be beaten elsewhere. That doesn't mean it is a sure thing, however, which is why it is extremely important to be aware of the best forex trading strategies as well as how to utilize them to increase your chances of trading success as much as possible. If you are familiar with the basics of forex trading and are looking for a way to take your profits to the next level, then Forex: Quick Starters Guide to Forex Trading is the book you have been waiting for. It is a compilation of Andrew Johnson's forex masterpieces. This book will provide you will all the tools you need to stop second-guessing yourself when it comes to determining if a potential trade is going to take you to where you need to be. It doesn't matter what your preferred level of risk is, where your current skill level is at or what length of time you prefer to trade, this book has you covered. Inside you will find:

  • Forex - what is it and what is its history?
  • Being successful with forex
  • Managing your money as you use forex
  • Candlestick strategy
  • Price action strategy
  • Pivot point strategy
  • The turtle strategy
  • Scalping
  • Moving averages strategy
  • Tips and tricks for trading on the forex
  • The types of trading strategies that the professionals are likely to use every single day along with tips and tricks

©2017 Andrew Johnson (P)2017 Andrew Johnson

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A great place to begin

I was looking for a guide to add methods and forms to help me become more disciplined in my investing, and this book provides all of that and more! If you are starting your journey into investing in stocks then you should pick up this book. The author explains how to get started in very simple terms.

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forex books for beginners

If you are going to need a Forex trading books this one is the best way to get started. It will help shape your mind to what is needed to get the most from your Forex trading. This is one of those classic Forex books you will refer to time and time again. The best forex traders always remain aware of the different styles and strategies in their search for how to trade forex successfully. You will gain a very broad knowledge of the markets and be able to start implementing trading ideas with a Forex demo account after listening to this book. If you follow the processes outlined in this book you are sure to have success. I am currently investing in forex and this book has brought my game to the next level.


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Ease of Access

One of the greatest advantages of Forex trading is that it is one of the most developed financial markets in terms of technology. While many markets are accessible via old-fashioned trading platforms, there is constant competition in terms of the software available for trading the FX market.
The platforms offered by Admiral Markets include MetaTrader 4 (MT4) and MetaTrader 5 (MT5) and MetaTrader WebTrader. MT4 and MT5 are both available for Windows, Mac, Android and iOS devices (for iPhone and iPad). In addition, Admiral Markets also provides traders with an enhanced version of MetaTrader, known as MetaTrader Supreme Edition. With access to all this software, Forex can be traded from anywhere in the world - and all you need is an internet connection.

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Trade Around the Clock

Forex is the one financial market that never sleeps, meaning you can trade at all hours of the day (or night). Unlike the world's stock exchanges, which are located in physical trading rooms like the New York Stock Exchange or the London Stock Exchange, the Forex market is known as an 'Over-the-counter market' (or OTC). This means that the trades take place directly between the parties holding the currencies, rather than being managed via an exchange. Consequently, the Forex market has never been restricted to the business hours of any one exchange. By contrast, the Australian Dollar, the New Zealand Dollar and the Japanese Yen tend to be more active between 00:00 and 08:00 GMT. As a trader, this means you can trade whenever it suits you - if you work during the day, there will be currencies available to trade before or after work. If you have children but are at home during the day, you can simply choose a different currency. In the Forex market, you can trade 24 hours a day, 5 days a week.

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Benefits of Forex Trading

here are a number of reasons why people choose to start day trading. Some of these reasons might include the potential to earn extra money on the side from the comfort of their own home, the opportunity to learn a new skill in their own time, or even the dream of achieving financial freedom, and having more control over their financial future. When it comes to Forex specifically though, there are a number of benefits that make this financial instrument a very enticing one to trade.
If you would like to learn more about the differences between the Forex market and the Stocks market, why not check out our comparison article on this audio-book. And find out which market is right for you! Forex Vs. Stocks: Should You Trade Forex or Stocks?

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Understanding and Forex Reading

When learning about Forex trading, many beginners tend to focus on major currency pairs because of their daily volatility and tight spreads. But there are numerous other opportunities – from exotic FX pairs, to CFD trading opportunities on stocks, commodities, energy futures, to indices. There are even indices that track groups of indices, and you can trade them as well.
How many markets you scan for opportunities is up to you, but do not limit yourself to just one instrument or one market. Market limitation can lead to overtrading, so make sure to diversify your investment.

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specific guide to follow

Forex trading for beginners can be especially tough. This is mostly due to unrealistic expectations that are common among newcomers. What you need to know is that currency trading is by no means a get-rich-quick scheme. On this page, you will receive an introduction to the Forex market, how it works, and key terminology, along with the benefits of trading different currencies. How you can start trading (including choosing the best broker and trading software), the fundamentals of risk management, the different ways you can analyze the Forex market, and an overview of the most popular trading strategies. By the end of this guide, you will have the knowledge you need to start testing your trading skills with a free Demo account, before you move onto a live account.

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  • Rufina Vega
  • 08-09-19

Informative guide

I would prefer to suggest this book to all interested newbies. This guidebook will teach you all the ins and outs of trading.It gave some generally excellent data on the most proficient method to do this sort of exchanging and systems you can use to discover and make great exchanges.

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  • Shawanda Blair
  • 08-09-19

Very useful guide to trading!

The author of this audio.book has done an excellent job and described everything very clearly. I already have some experience trading but wanted to learn more about this. This book gave some very good information on how to do this type of trading.It would be useful for somebody simply beginning exchanging stocks since it covers every one of the fundamentals.

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  • Karen Young
  • 26-07-19

covers a lot of information

The book covers a lot of information in an easy to understand down to earth way, technical information, how to trade. He also shares his own trading tips. It explains how forex trading works in clear, simple terms. It teaches the basics that are part of any solid trading system. It should be the first book for all those who wish to trade and it has given me the information I need to take preliminary steps. This is the book to get started with, or maybe for someone who wants to review their approach to the market. I highly recommend this audiobook to people looking to explore forex.

 



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  • Susan Thomas
  • 26-07-19

simple but complete

This audiobook includes lessons on specific forex trading strategies, technical indicators and other more advanced instructions such as how to read candlestick charts.  It explains how forex trading works in clear, simple terms. It teaches the basics that are part of any solid trading system. Forex Trading aims to help you side-step the mistakes that its author made on his forex trading journey and have you earning money from your own trading. It encourages you to have a trading plan; using a selected number of indicators looking for convergence between them. Highly recommend this book to people looking to explore forex.





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  • Mark Simon
  • 24-06-19

learning to trade

Learning to trade in the Forex market can seem like a daunting task when you're first starting out, but it is not impossible. Find out the amount of money required to begin trading in Forex, together with, which types of accounts to consider, what risks you should be aware of and more!This comprehensive guide will help you to start out with Forex trading. Discover the ins and outs of currency pairs, trading strategies, CFDs and much more!

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  • Anne Rose Ybanez
  • 24-06-19

traders proof for making money

How Much Money Can I Make Forex Day Trading? Assume a trader has $5,000 in capital, and they have a decent win rate of 55 percent on their trades. They risk only 1 percent of their capital or $50 per trade. ... This means that the potential reward for each trade is 1.6 times greater than the risk. Like me giving an option to go in or out of Forex is to listen first in this audio-book and let your instinct and expectations decide probably.

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  • Nadine Will
  • 24-06-19

get rich by trading in forex?

Forex trading may make you rich if you are a hedge fund with deep pockets or an unusually skilled currency trader. But for the average retail trader, rather than being an easy road to riches, forex trading can be a rocky highway to enormous losses and potential penury. But first, the stats. This possible to be rich as easy as you thinking in a high risk investment in forex, in a way if you know how to how follow and handle the money management process, with this audio-book will guide to fully understand whats about.

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  • Mikel Dimitri
  • 24-06-19

international trading and tourism.

Forex trading is the act of buying or selling currencies. Banks, central banks, corporations, institutional investors and individual traders exchange foreign currency for a variety of reasons, including balancing the markets, facilitating international trade and tourism, or making a profit.

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  • Atley Newlin
  • 11-01-18

Forex: Quick Starters Guide to Start Forex Trading

What did you love best about Forex: Quick Starters Guide to Forex Trading?

What I like best about Johnson's book is that he keeps his information consistent and presents his strategies in an easy to follow way.

What was one of the most memorable moments of Forex: Quick Starters Guide to Forex Trading?

One memorable moment from this book is learning about the history of Forex as a whole.

Which character – as performed by Dean Eby – was your favorite?

N/A

Was this a book you wanted to listen to all in one sitting?

Yes, I found this book to captivate my attention easily and it was hard to put down.

Any additional comments?

In this part two series titled Forex: Quick Starters Guide to Start Forex Trading Andrew Johnson provides a unique starter guide to stock trading in the foreign exchange markets. The premise of this read is to pose the idea of investing a small amount of money into the forex market and turning it into a highly valuable profit. Anyone who is interested in foreign market exchange should pick up this book as an easy guide to get started in learning the basics. Johnson prides himself in being able to provide the best strategies in trading to allow the reader/investor to maximize their returns on investments. This book is very similar to How to Be a Forex Trading King because it focuses on specific strategies that give the reader real ways to manipulate their finances within the market. This book is highly recommended to the reader who is looking to get involved and profit in the foreign exchange market.

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  • Lauren Moldvay
  • 01-01-18

Dive into Forex

If you want a quick look into the Forex World then this guide is for you! Andrew Johnson takes you on a tour into the world of foreign exchange, starting with how it began and explaining how it works.

This guide is also packed full of well researched and practiced information to help you learn the best way to get into the market and succeed. Stock market trading isn't a sure thing or guarantee, but with Johnson's advice, you will learn more about the Forex world and how to jump into it.