Everand Logo

Welcome to Everand!

  • Discover millions of ebooks, audiobooks, and so much more with a free trial

    Only $11.99/month after trial. Cancel anytime.

    Trading
    Trading
    Trading
    Ebook42 pages29 minutes

    Trading

    By Charles T Mercer

    ()

    Read preview

    About this ebook

    I’ve been Forex Trading for 20 years, firstly in New York and now in central London. Trading Forex has never been easier with apps and trading platforms readily available for every phone, mac and PC. However this doesn’t mean trading is easy. There are two vital facets to trading. The first is the skills to trade. This is actually something which like any other trade or skill should be honed and worked on to continually improve. Your trade
    training and knowledge should never end. The saying, knowledge is power certainly applies here.

    The second element would be developing the mindset of a trader. The means through which traders can develop the proper mentality when trading, why emotional management is critical to successfully trading on the Forex market.

    These aspects of Forex trading will be discussed in depth in the other chapters that follow but for now, we tackle the basics pertaining to Forex trading as a money making entity.

    Day trading is highly profitable and highly tumultuous. Moreover, the financial markets have changed considerably in recent years. Expert author Charles Mercer gives you the latest information for mastering the markets, including:

    1. Foreword
    2. What is Forex
    3. Where Forex Trading Takes Place
    4. What is The New York Stock Exchange
    5. What is Traded?
    6. What are Forex Pairs?
    7. Market Size and Liquidity
    8. What is A Spot Market?
    9. What is Trading Futures?
    10. What are Options Trading?
    11. What are Exchange-traded Funds?
    12. The Dangers of Trading?
    13. The Mindset of Trading
    14. How To Trade On The Forex
    15. Why Set Realistic Expectations
    16. Understand The Power Of Patience
    17. Be Organized in Your Approach to The Markets
    18. Taking the First Step

    Let’s get profiting from Forex Trading!

    LanguageEnglish
    PublisherM Laurence
    Release dateOct 22, 2016
    ISBN9781370481385
    Trading
    Author

    Charles T Mercer

    Hi,I'm a professional Forex Trader and have been doing this for 20 years. Firstly in New York for 11 Years and then i moved to London.I love exploring London and checking out the hidden coffee shops.Thanks guysCharles

    Related to Trading

    Related ebooks

    Investments & Securities For You

    View More
    View More

    Related podcast episodes

    Related articles

    • Article

      What Is Forex Trading?

      Mar 1, 2022

      What Is Forex Trading?
      6 min read

    • Article

      Crypto vs. Forex Trading: What You Need to Know

      Oct 6, 2021

      New ways of managing, transacting and investing our money continue to emerge as the financial world around us evolves. One major change seen in the last decade has come from the rise of cryptocurrencies (or "crypto," if you prefer brevity) – digital

      6 min read

    • Article

      The Currency Challenge

      Mar 2, 2020

      It’s been a tough few years for anyone living abroad but earning money in sterling. Following the UK’s vote to leave the EU, the pound fell precipitously. While it has regained a certain amount of equilibrium in the wake of last year’s general electi

      3 min read

    • Article

      Change In Sentiment

      Oct 2, 2020

      Change In Sentiment
      1 min read

    • Article

      Maintaining A Recovery?

      Jan 22, 2021

      Maintaining A Recovery?
      1 min read

    • Article

      Discipline Goes A Long Way

      Mar 31, 2022

      The life of a trader is not what most of us might imagine it to be – that is, glamorous, exciting and paved with gold. More likely it is solitary, private, a bit boring and, when done right, provides a living. We could all be traders. We could all be

      5 min read

    • Article

      Are You Gambling or Investing? Here’s How to Tell

      Mar 2, 2021

      Investing in the stock market over many decades offers most people an incredible opportunity to build wealth. Does that surprise you? If so, you’re not alone. Over the course of my career as a financial planner, I’ve found that many people look at th

      4 min read

    • Article

      RSI Alone Not Enough

      Sep 18, 2020

      oscillators, such as the relative strength index (RSI) and stochastics, are often used as signals for overbought and oversold zones. Let’s use the RSI as an example. Generally, an RSI set on 14 days is considered over-bought above the 70 level, but t

      1 min read

    • Article

      Breakout Is Possible

      Jan 10, 2020

      Breakout Is Possible
      1 min read

    • Article

      Share Madness

      Jun 22, 2020

      Share Madness
      2 min read

    • Article

      How to Make Market Volatility Work for You

      Apr 5, 2018

      There are more certainties in life than just death and taxes. For instance: If you invest money in the stock market, you certainly will face market volatility now and then. Periods of high volatility are normal. Investors need to understand that life

      4 min read

    • Article

      How To Count Your Losses

      Nov 15, 2019

      in the previous issue (7 November), I wrote about trading, and in particular about gearing via the use of derivatives, as well as what we should (or shouldn’t) be trading. I promised to return to the other two parts of the equation: How to employ a s

      3 min read

    • Article

      Trading Techniques... Riding Elliot Waves

      Nov 5, 2021

      One trading technique that has achieved a cult-like following in recent decades is Elliott wave theory. Developed by the accountant and consultant Ralph Nelson Elliott, who first published his ideas in 1938, the basic idea is that markets, like all h

      1 min read

    • Article

      The Magic of Moving Averages

      Jan 31, 2019

      When price charts begin to look like jagged mountain ranges, it can be hard to map out which way stocks are headed. Enter the simple moving average. The tool is a staple of technical analysis--the practice of determining the direction of stock prices

      2 min read

    • Article

      The Tech trader Tribe

      Feb 7, 2022

      The Tech trader Tribe
      7 min read

    • Article

      Invest Like It’s 1999

      Dec 6, 2019

      Invest Like It’s 1999
      7 min read

    • Article

      How Investors Can Prosper With Technical Analysis

      Feb 6, 2019

      Many investment advisors and money managers have a little secret. They will proudly tell you that they rely heavily on fundamental analysis, carefully weighing earnings, market share, competitive environment and demographic trends to select the best

      5 min read

    • Article

      He Learned to Trade for Profit - and Can Teach You, Too

      Jan 31, 2019

      Raymond Rondeau, 55, of Exeter, R.I., is a trader, president of the New England American Association of Individual Investors chapter, and creator of AAII's new course, "Investing Strategies and Technical Analysis." When did you start trading? I began

      2 min read

    • Article

      How to Handle a Bear Market

      May 7, 2020

      There's a reason bear markets are often referred to as panics. This one may turn out to be short, but no one can say it hasn't been severe, with investors not only worried about financial security, but about their very lives. The worst thing you can

      2 min read

    • Article

      Hedge Funds' 21 Top Blue-Chip Stocks to Buy Now

      Aug 29, 2022

      Hedge funds as a group have a poor long-term track record, but there's still something irresistible about knowing what the putative smart money has been up to.  Besides, you've got to give them credit where credit is due. Hedge funds as a group might

      1 min read

    Related categories

    Reviews for Trading

    0 ratings

    0 ratings0 reviews

    What did you think?

    Tap to rate

    Review must be at least 10 words

      Book preview

      Trading - Charles T Mercer

      Trading;

      The Beginners Guide To Smashing Pips Trading, Tips to Successful Trading, Trading Mindset, Trading Psychology, Forex Mastery,

      By

      Charles T Mercer

      Contents

      Foreword

      What is Forex

      Where Forex Trading Takes Place

      What is The New York Stock Exchange

      What is Traded?

      What are Forex Pairs?

      Market Size and Liquidity

      What is A Spot Market?

      What is Trading Futures?

      What are Options Trading?

      What are Exchange-traded Funds?

      The Dangers of Trading?

      The Mindset of Trading

      How To Trade On The Forex

      Why Set Realistic Expectations

      Understand The Power Of Patience

      Be Organized in Your Approach to The Markets

      Taking the First Step

      Foreword

      The aim of this book is to give readers a brief overview on Forex markets, the smart methods to use and the ideas to scrap.

      I’ve been Forex Trading for 20 years, firstly in New York and now in central London. Trading Forex has never been easier with apps and trading platforms readily available for every phone, mac and PC. However this doesn’t mean trading is easy. There are two vital facets to trading. The first is the skills to trade. This is actually something which like any other trade or skill should be honed and worked on to continually improve. Your trade training and knowledge should never end. The saying, knowledge is power certainly applies here.

      The second element would be developing the mindset of a trader. The means through which traders can develop the proper mentality when trading, why emotional management is critical to successfully trading on the Forex market.

      These aspects of Forex trading will be discussed in depth in the other chapters that follow but for now, we tackle the basics pertaining to Forex trading as a money making entity.

      Let’s begin our Forex Trading journey.

      What Is Forex?

      Forex is short for foreign exchange, and is a $4 trillion a day world-wide business where can make huge profit…and huge loss. People’s lives can change for the better or worse in a big way. Foreign exchange is the act of changing one country's currency into another country's currency for a variety of reasons, usually for tourism or commerce.

      Currency trading was really limited to interbank activity on behalf of their clients. Gradually, the banks themselves set

      Enjoying the preview?
      Page 1 of 1