Day Trading the Currency Market describes the Forex trading in general, touching almost every aspect of it, but not deepening too far in any of these aspects. Kathy Lien is the experienced trader, Forex consultant and writer and she does her best at introducing the basic principles of trading, analysis and money management to the beginner traders. This book can be useful to some experienced traders that would want to organize their practical knowledge and maybe learn something that they could have missed earlier. Day Trading the Currency Market also offers some useful explanations regarding the various connections between currency market and other financial markets, their influence on each other. The details about each currency and currency pair are also presented to the reader, allowing him to produce a better fundamental analysis decisions in his trading.
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Hi,
ReplyDeleteDay trading implies short-term investing in the hope of capturing small moves in the underlying currency for profit. Currency day traders go long and short, depending on the technical analysis available for a given currency. The currency market is like an ocean in a storm. Thanks for your information...