The Forex Trading Manual

How to get your share of the $4.5 trillion Forex marketForex trading and driving a car are both risky endeavors. Each requires the ability to manage multiple factors at once, be vigilant of the changing environment, and adapt when necessary. And both activities get much easier with time-if you follow the right set of rules.In The Forex Trading Manual , Javier Paz draws the parallel between driving and trading, illustrating how success in the forex market is simpler to achieve than you think. The key to becoming a proficient trader requires starting the process with the right basic knowledge, adopting sensible expectations, and having precise step-by-step instructions.The Forex Trading Manual supplies everything you need to get started. Beginning with important forex terminology, risk management, and basic technical and fundamental analysis, it follows with a rules-based trading strategy, a precise trading plan, and a chapter devoted to trader psychology. Learn how to:Master MT4, the most popular forex trading platform software
Select trade entry and exit points that have a high probability of turning a profit
Set sensible performance targets and trade exposure rules
Customize whatever trading strategy you are currently using to fit a robust trading plan
Condition yourself mentally by aligning your habits, thought patterns, feelings, and goals to match those of a proficient forex trader
The forex market is huge-an estimated 4.5 trillion U.S. dollars changed hands daily during 2011-and is suited for trading during periods of economic uncertainty. Tens of millions of individual traders-from stay-at-home parents to young professionals and the self-employed-have already made the move to trading forex.The Forex Trading Manual will be your trusted guide every step of the way as you begin this exciting journey.Praise for The Forex Trading Manual"Javier has written a guide for Forex that is like no other. . . . If you want to understand how the worldof Forex works, then