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FX Trading: A Guide To Trading Foreign Exchange, 2nd Edition by Peter Pontikis, Larry Lovrencic, Alex Douglas

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Conclusion and next steps

Alex mentioned at the start of this book’s journey that an understanding of risk and the new trading technology is not something to be avoided but embraced. By now, in these final few pages, you know these are not the only challenges you will face when entering the marketplace. At the start of the second decade of the 21st century, the global economy is faced with a patchwork of threats as well as opportunities; still-recovering and troubled developed world financial markets cohabit with impatient emerging mega-blocs in the eastern hemisphere. Hitherto ‘safe’ currencies are under question as uneven borrowing and lending financial flows, contoured by jaggedly varying currency regulation and institutions, are stressed ...

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