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Competing in Financial Markets by Philip Cooper

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CHAPTER 1

Forex Fundamentals

This book is full of helpful hints, tips, and examples to provide you with enough skills and knowledge to get started in trading financial assets. Trading is a multifaceted business and for those who believe that to make a lot of money all you need to do is read a couple of newspapers and learn to recognize a couple of charts, think again, it is not that easy. Trading is about buying and selling assets, and the critical tenant to making a profit is to buy low and sell high. This does not sound complicated, does it? However, there are issues that you need to think about to be successful in what can be a very risky market. To be a successful trader in the world’s financial markets, you need first and foremost to have ...

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