November 2013
Beginner
336 pages
6h 32m
English
Content preview from Forex DeMYSTiFieD: A Self-Teaching Guide
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Chapter 2
Getting Ready to Trade
CHAPTER OBJECTIVES
In this chapter, you will learn the following:
• How to handle the emotions that come with trading Forex
• How to evaluate your risk tolerance
• The importance of trading support groups
• How to evaluate your available funds for Forex trading
• Where to look for and evaluate market information
Having a working knowledge on the basics of Forex is the first step to knowing if you are ready to trade. Thorough study of the market, knowledge of trading platforms, and time spent paper trading with a demo account will allow you to go a long way into your trading career and allow you a good chance to be successful. The next step should be to figure out if Forex trading is a good fit for you. Some ...
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.