June 2005
Beginner
304 pages
5h 40m
English
book
Forex Revolution: An Insider's Guide to the Real World of Foreign Exchange Trading
by Peter Rosenstreich
Content preview from Forex Revolution: An Insider's Guide to the Real World of Foreign Exchange Trading
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9. Trading Inside the 24-Hour Storm
The Forex market is often considered a traders' marketplace. This refers to the belief that mastering the skills of disciplined trading is better than trying to specifically understand Forex's chaotic behavior. The theory is that if you are already good at trading in another investment market, with a few minor adjustments, Forex will come naturally as well.
Working Around the Clock
Forex is a 24-hours-a-day market. I cannot stress this enough. It transforms the trading dynamic into an emotional exercise and a physical challenge. It is true that other markets have developed 24-hour capabilities, but none has the sophistication and reach of Forex.
You are trading the stock of a nation, so in any country, such ...
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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.