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Currency Trading for Dummies

3.58  ·  Rating Details ·  139 Ratings  ·  13 Reviews
Features forex market guidelines and sample trading plans The fun and easy way to get started in currency trading

Want to capitalize on the growing forex market? This nuts-and-bolts guide gives you a step-by-step action plan for understanding and trading the forex market. It offers practical guidance and savvy tips in everything from comprehending currency quotes to using l
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Paperback, 338 pages
Published August 1st 2007 by For Dummies
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Chris528735
Feb 12, 2013 Chris528735 rated it it was amazing  ·  review of another edition
This is an excellent first book for those interested in currency trading. This was my first foray into the subject and the authors do a great job with explaining the fundamentals of the forex market and trading currencies. What I particularly found helpful was the explanation of the major currency pairs and the particular intricacies of trading each. The authors also include a basic primer on technical analysis as it pertains to currency trading. However, what may be most benificial is the ...more
Zachariah
Sep 15, 2010 Zachariah rated it liked it
Shelves: non-fiction, trading
This is a pretty solid book for those who are looking to get into currency trading. This book is more about fundamental analysis than technical analysis. Fundamental analysis is interesting and useful to know what moves the markets, but if you're primarily interested in technical analysis (as I am) there is more than necessary here.

Before I read this book I got my primer through the Baby Pips website. I highly recommend that resource. In fact after going through the Baby Pips website much of the
...more
Robert Beveridge
Mar 21, 2011 Robert Beveridge rated it did not like it
Recommends it for: the choir
Mark Galant and Brian Dolan, Currency Trading for Dummies (Wiley, 2007)

The main point I learned from the 130 pages of Currency Trading for Dummies I managed to get through before the library requested it back was this: if you don't believe in leverage, you need a lot of money to trade currency as the authors describe. Not at all what I was looking for, which I guess would have been called Penny-Stock Currency Trading for Dummies or something along those lines. I've never actually done this befor
...more
Adam
Nov 24, 2015 Adam rated it it was amazing
A great book to get yourself introduced to the FOREX market. It's written in very understandable way that makes people not familiar with any financial markets to understand it easily. If you are being interested in trading on FOREX, this book is definitely a great position to start with. The book alone will rather not prepare you well for trading, but will give you solid basic understanding of FOREX, allowing you to consume more advanced books much easier.
Anne-Maria Yritys
Jul 16, 2013 Anne-Maria Yritys rated it really liked it
Great book for people who want to get into currency trading for real - the author is definitely experienced in his field. Some chapters were too technical (and boring) to me, I am not really interested in technical analysis!
Jaffer
Feb 17, 2016 Jaffer rated it it was amazing  ·  review of another edition
For buying Iranian rial you can refer one of the techniques in this book. Just after reading this book I have went to currencyliquidator for buying Iranian rial. Its awesome.
Asade Tolu
Jul 19, 2016 Asade Tolu rated it liked it
A simple, concise explanation of trading in the foreign exchange market for the layman. Every needed technique discussed(trading styles, trading plans, needed market info and so on). Great job by Brian Dolan
Matthew Paluch
Aug 31, 2015 Matthew Paluch rated it it was amazing  ·  review of another edition
One of the best Dummies books i have read. Starts out with very basics, but doesnt linger, and doesnt shy away from advanced materials by the end. Exactly what i wanted
Jay
Sep 12, 2015 Jay rated it it was amazing  ·  review of another edition
Splendid book. Very helpful to keep around too and refer to it. Many bright ideas. Really got me interested :)
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