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Forex DeMYSTiFieD: A Self-Teaching Guide by David Borman

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Chapter 7

How to Make Trading Ideas Work

CHAPTER OBJECTIVES

In this chapter, you will learn the following:

• How to build a conservative FX portfolio for income

• How to trade currency exchange-traded funds (ETFs)

• More about the FX demo account

• The importance of recordkeeping for tax time

• Ideas of how to build up your Forex account

Ready to limit your risk and get some fresh ideas on trades? This chapter covers using currency trading in a 90/10 bond/FX portfolio. The chapter also covers using currency ETFs in conservative trading for proxy. Finally, this we’ll reveal how to put it all together and run your FX account just like a small business.

Enhance Your Existing Income with FX

Most people seek the greatest gains in the shortest ...

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