The Little Book of Currency Trading: How to Make Big Profits in the World of Forex

But in order to make the most of your time in this market, you need to have a firm understanding of how it works. Page by page, she describes the multitude of opportunities possible in the forex market, from short-term price swings to long-term trends, and details the practical products that can help you achieve success.Along the way, Lien skillfully explains the forces that drive currencies and provides strategies to profit from them; reveals how you can use various currencies to reduce risk; and take advantage of global trends, and examines what you can do to make money without the stress of monitoring the market every day. Written by forex e

Prior to joining GFT, Lien was the chief strategist of DailyFX and an associate at JPMorgan Chase, where she worked in cross-markets and foreign exchange trading. With more than ten years of currency trading experience, Lien is a frequent guest host of CNBC Asia and Sky Business News and has appeared on CNBC (U.S. She is a regulator contributor to Active Trader, Futur

For the Beginner, But Light on Content As the book title 'little' this is indeed a very brief intro in the world of forex - a lot of anecdotal stories and not many strategies to speak of.The book's chapter titles will tell you the cliche'd nature of the writing - chapter 3 A's to Z of forex, chapter 6 - investor vs trader, chapter 11 top 10 mistakes.There are 20 pages of decent writing - and it's about the bollinger bands and a strategy that I have actually never read before.Chapter 8 which covers value investing strategy based on . "Beginner to Trading? This one is a must read!" according to Vikram. As someone new to trading, the whole Forex jargon was simply overwhelming for me. After visiting a few websites and blogs that specialize in Forex market coverage, I had to start from the basics. That's when I started looking for books which were well-received by people who are new to Forex domain. After checking out several book reviews and read quite a few samples I decided to purchase this and it was a correct decision. Felt like the first profitable trade I made - since there is so much to. "Enjoyed and will re read it a few more times" according to GraemeMcLennan. Another great book for new traders in forex, repeats the intros into forex that many books do but also starts looking at simple strategies to get you going. I think its well worth while reading and Kathy is obviously a very successful trader and can be called an authority on trading forex. She has a different view on setting profit targets for trades as opposed to say Jim Brown in his book, but its well worth considering her approach if your psychology suits it. I think its worth reading this

Historically, the currency market often produces long-term trends that provide a great opportunity for profit. Over the past 10 years, the forex market has evolved significantly and competition has brought many benefits to new forex traders. The best trades are the ones that are also aligned with the current prevailing trend and sentiment in the foreign exchange, something that the Little Book will teach you how to do. Written by forex expert Kathy Lien, The Little Book of Currency Trading will show you how to effectively invest and trade in today's biggest market. . Treasuries yielding next to nothing and our bank accounts earning only a few cents on the dollar, most of us would be satisfied with 5 percent, let alone 25 percent return. Q&A with Author Kathy LienAuthor Kathy Lien What is the most effective way for investors to make money in the currency market? The best way to make money in the currency market is to think of it as an investment. Using a unique easy to understand tool, the Little Book will show you unique ways to join the trend and minimize the risk of chasing a move that quickly fades. However, even though currencies can provide attractive returns, leverage is a sharp double-edged sword. Currencies just offer