Skip to Content
FT Guide to Foreign Exchange Trading
book

FT Guide to Foreign Exchange Trading

by Stuart Fieldhouse
May 2015
Beginner
208 pages
4h 6m
English
FT Publishing International
Content preview from FT Guide to Foreign Exchange Trading

3

Risk management for the forex trader

Risk should always be foremost in the mind of anybody trading currencies. When traders get a position wrong, be they private traders or the professionals, more often than not it is because they get their risk management wrong. Many, many investors who plunge into FX trading pay little attention to risk, or simply do not understand the sorts of risks they are taking on. They end up losing money, become downhearted, close their accounts, and go on to do something else.

Trading foreign exchange markets is not like investing in a mutual fund. Opening a trade and letting it run without having adequate built-in protection can cost you a lot of money. Nobody else is going to pay attention to your active positions. ...

Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.

Read now

Unlock full access

More than 5,000 organizations count on O’Reilly

AirBnbBlueOriginElectronic ArtsHomeDepotNasdaqRakutenTata Consultancy Services

QuotationMarkO’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.
Julian F.
Head of Cybersecurity
QuotationMarkI wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.
Addison B.
Field Engineer
QuotationMarkI’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.
Amir M.
Data Platform Tech Lead
QuotationMarkI'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.
Mark W.
Embedded Software Engineer

You might also like

Forex Revolution: An Insider's Guide to the Real World of Foreign Exchange Trading

Forex Revolution: An Insider's Guide to the Real World of Foreign Exchange Trading

Peter Rosenstreich
Handbook of Exchange Rates

Handbook of Exchange Rates

Jessica James, Ian Marsh, Lucio Sarno
FX Trading: A Guide To Trading Foreign Exchange, 2nd Edition

FX Trading: A Guide To Trading Foreign Exchange, 2nd Edition

Alex Douglas, Larry Lovrencic, Peter Pontikis

Publisher Resources

ISBN: 9780273751830