What do you think?
Rate this book
Forex Trading: A Beginner's Guide: Trading Strategies, Tools, And Techniques To Profit From The Forex Market
To a new trader, the forex market can be overwhelming because there are all kinds of concepts to absorb like pip value, leverage, lot size, and swaps, to name a few. And we haven’t even touched on the different trading strategies and techniques that can be used to trade the forex market. Gosh!
The good news is, it doesn’t have to be this way because if you start on the right track, forex trading can be understood easily without having to wade through a lot of confusing technical jargon—and that’s what this book is all about.
So, in Forex A Beginner’s Guide, you’ll basics of forex trading explained in a step-by-step manner (one that’s easy to understand even if you have no trading experience)Strategies for managing your risk like a pro so you don’t blow up your trading accountUseful trading strategies and techniques you can use to profit from the forex marketA ton of trading examples so you can quickly master the concepts and strategiesAdvice on how to choose the right forex broker so you can avoid getting scammedAn explanation of the 7 common forex trading mistakes that almost all new traders make and how to avoid themAnd much more…
It doesn’t matter if you know nothing about the forex market because this book is written in a layman, step-by-step manner.
You’ll master the basics first, then gradually progress onto the advanced trading strategies and techniques—so you’ll be crystal clear every step of the way.
Sounds good?
Then get your copy of Forex A Beginner's Guide now.
(Scroll up and click the orange button, “Buy Now”)
The good news is, it doesn’t have to be this way because if you start on the right track, forex trading can be understood easily without having to wade through a lot of confusing technical jargon—and that’s what this book is all about.
So, in Forex A Beginner’s Guide, you’ll basics of forex trading explained in a step-by-step manner (one that’s easy to understand even if you have no trading experience)Strategies for managing your risk like a pro so you don’t blow up your trading accountUseful trading strategies and techniques you can use to profit from the forex marketA ton of trading examples so you can quickly master the concepts and strategiesAdvice on how to choose the right forex broker so you can avoid getting scammedAn explanation of the 7 common forex trading mistakes that almost all new traders make and how to avoid themAnd much more…
It doesn’t matter if you know nothing about the forex market because this book is written in a layman, step-by-step manner.
You’ll master the basics first, then gradually progress onto the advanced trading strategies and techniques—so you’ll be crystal clear every step of the way.
Sounds good?
Then get your copy of Forex A Beginner's Guide now.
(Scroll up and click the orange button, “Buy Now”)
132 pages, Kindle Edition
Published January 20, 2022
88 people are currently reading
100 people want to read
Ratings & Reviews
Friends & Following
Create a free account to discover what your friends think of this book!
Community Reviews
Displaying 1 - 2 of 2 reviews
July 2, 2023
In "Forex Trading: A Beginner's Guide", Rayner Teo offers a step-by-step introduction to the world of trading on the foreign exchange market. His explanation includes a description of various currency pairs, the basics of technical analysis, and commentary on building a resilient trading plan.
I'm honestly very impressed with this book. Teo's writing is completely colloquial; reading his writing feels like listening to a podcast! He begins his book with very simple explanations of how the foreign exchange markets work, and each chapter builds naturally on the contents of the prior section. He frequently referenced examples from his own career and shared personal stories of failures and successes alike. I especially appreciated the explicit calculations (to convert currencies and calculate pip values) and images of trading charts (to show real examples of hammer and engulfing candlestick patterns). This made his logic so much easier for me to follow.
I found Teo's messaging on risk management to be very authentic and realistic He always preached sound investing strategy and warned of the pitfalls of risking too much on any given trade, which could lead to a total account wipeout after a small series of consecutive losses. He frequently reminded the reader to use stop losses and technical signals to enter and exit trades with confidence. I love how he allocated an entire section of the book to creating a trading plan, which brought all of his prior chapter's teachings together in one comprehensive, easy to implement strategy that minimizes losses and drastically improves the chances of success in trading. My only criticism of this book is that on 2 occasions, I found small writing and calculation mistakes. Fortunately they weren't significant enough to derail my understanding of the material, and overall this book is much better written than most of the other forex trading books I've skimmed through (one by Alan Folley is riddled with grammar and math errors). It was the perfect introduction to forex markets, and I'd strongly recommend this book for aspiring traders looking for sound advice on building a resilient and sustainable trading career.
I'm honestly very impressed with this book. Teo's writing is completely colloquial; reading his writing feels like listening to a podcast! He begins his book with very simple explanations of how the foreign exchange markets work, and each chapter builds naturally on the contents of the prior section. He frequently referenced examples from his own career and shared personal stories of failures and successes alike. I especially appreciated the explicit calculations (to convert currencies and calculate pip values) and images of trading charts (to show real examples of hammer and engulfing candlestick patterns). This made his logic so much easier for me to follow.
I found Teo's messaging on risk management to be very authentic and realistic He always preached sound investing strategy and warned of the pitfalls of risking too much on any given trade, which could lead to a total account wipeout after a small series of consecutive losses. He frequently reminded the reader to use stop losses and technical signals to enter and exit trades with confidence. I love how he allocated an entire section of the book to creating a trading plan, which brought all of his prior chapter's teachings together in one comprehensive, easy to implement strategy that minimizes losses and drastically improves the chances of success in trading. My only criticism of this book is that on 2 occasions, I found small writing and calculation mistakes. Fortunately they weren't significant enough to derail my understanding of the material, and overall this book is much better written than most of the other forex trading books I've skimmed through (one by Alan Folley is riddled with grammar and math errors). It was the perfect introduction to forex markets, and I'd strongly recommend this book for aspiring traders looking for sound advice on building a resilient and sustainable trading career.
November 27, 2022
Real Easy Read For Beginners Like Myself
I liked how Rayner:
- made things simple to understand
- gave an easy formula to analyze the market (MAEE)
- showed how to setup a trading plan
- showed what to write in a trading journal
- showed pics of trade setups and what he looks for
I definitely recommend this to beginner forex traders. He keeps things simple and gives a foundation on what to build on.
I liked how Rayner:
- made things simple to understand
- gave an easy formula to analyze the market (MAEE)
- showed how to setup a trading plan
- showed what to write in a trading journal
- showed pics of trade setups and what he looks for
I definitely recommend this to beginner forex traders. He keeps things simple and gives a foundation on what to build on.
Displaying 1 - 2 of 2 reviews