The second book in the Wrightbooks Made Simple series, Forex Made Simple is an uncomplicated guide to forex for beginners. You don?t need to be a financial wizard and you don?t need to spend all day glued to a computer screen or pay a financial advisor in order to profitably invest in forex. This book outlines some simple, easy to understand strategies anyone can use for forex success. The book will be a succinct paperback with lower price point, and provide the perfect first step into the market. The Australian forex market is essentially about exchanging Australian dollars for another currency and vice-versa. The demand for Australian dollars in the forex market has risen significantly since the currency was floated by the government in December 1983. With about A$1.9 trillion worth of transactions taking place every day, the Australian dollar is the sixth most traded currency in the forex market. The currency lags only the US dollar, the Japanese yen, the Euro, the British pound sterling and the Canadian dollar in terms of trading volume. Each chapter contains a number of short tips, a few simple examples where appropriate and finishes with a bulleted summary of key points.
Book Details:
- Author: Kel Butcher
- ISBN: 9780730375241
- Year Published: 2011
- Pages: 248
- BISAC: BUS027000, BUSINESS & ECONOMICS/Finance
About the Book and Topic:
The second book in the Wrightbooks Made Simple series, Forex Made Simple is an uncomplicated guide to forex for beginners. You don?t need to be a financial wizard and you don?t need to spend all day glued to a computer screen or pay a financial advisor in order to profitably invest in forex. This book outlines some simple, easy to understand strategies anyone can use for forex success. The book will be a succinct paperback with lower price point, and provide the perfect first step into the market. The Australian forex market is essentially about exchanging Australian dollars for another currency and vice-versa. The demand for Australian dollars in the forex market has risen significantly since the currency was floated by the government in December 1983. With about A$1.9 trillion worth of transactions taking place every day, the Australian dollar is the sixth most traded currency in the forex market. The currency lags only the US dollar, the Japanese yen, the Euro, the British pound sterling and the Canadian dollar in terms of trading volume. Each chapter contains a number of short tips, a few simple examples where appropriate and finishes with a bulleted summary of key points.
Simple, easy to understand strategies that anyone can use for success! As an instrument to trade, forex is becoming increasingly popular with Australian traders. Large international forex brokers now have offices in Australia. Forex is the world’s most traded market, open 24 hours a day. It is an over-the-counter market (which means that it is decentralised with no central exchange) for trading currencies. Apart from Wrightbooks titles, there are no Australian competition books available through the trade. Some forex educators/speakers may have books in Australia, but they are not available through the trade.
About the Author
Kel Butcher is a financial markets trader with over 18 years experience trading equities, futures, options, warrants and CFDs. He is a regular contributor to Your Trading Edge Magazine as the author of the ?Traders Story? and ?Meet Your Broker? articles. He contributed to Give Your Trading the Edge ? the book published in partnership with Your Trading Edge magazine. He has also contributed a number of feature articles to the magazine. Butcher acts as a consultant to a managed fund based in Sydney and to a boutique trading company also in Sydney. He is also a consultant to a share trading software program.Through his company Trading Wisdom Pty Ltd, Kel also acts as a mentor and trading coach to a number of both private and corporate investors. He is a regular speaker at Australian Investors Association meetings, and at meetings of the Australian Technical Analysts Association. Kel is the Wiley author of A Step-by-step Guide to Buying and Selling Shares Online, pub Sept 08 (bookscan 1635, core 3253), and 20 Most Common Trading Mistakes, pub Aug 09 (bookscan 990, core 2739).