Getting Started in Forex
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About this ebook
This is for those looking to “Get Started in Forex”. The number of topics or talking points are vast and learning how to become a proficient forex trader is a process that takes years to master. This wasn’t written with the intent to be a forex trading manual; however, I’ve done my very best to cover every relevant topic as to give the reader a foundational understanding of where to begin.
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Book preview
Getting Started in Forex - Ron Scott Mehlhouse
Getting Started in Forex
Ron Scott Mehlhouse
Copyright 2018 Ron Scott Mehlhouse
Cover Design and graphics by Ron Scott Mehlhouse
All rights reserved. This book or parts thereof may not be reproduced in any form, stored in any retrieval system, or transmitted in any form by any means—electronic, mechanical, photocopy, recording, or otherwise—without prior written permission of the publisher, except as provided by United States of America copyright law. For permission requests, write to the publisher, at info@beachmoneycoaching.com with the subject of eBook Permissions
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Smashwords Edition, License Notes
This book is licensed for your personal enjoyment only. This ebook may not be re-sold or given away to other people under any sort of promotion. If you would like to share this book with another person, please purchase an additional copy for each recipient. If you’re reading this book and did not purchase it, or it was not purchased for your use only, then please return to Smashwords.com and purchase your own copy. Thank you for respecting the hard work of this author.
Preface
As the title implies this book was written for those looking to Get Started in Forex
. The number of topics or talking points are vast and learning how to become a proficient forex trader is a process that takes years to master. This wasn’t written with the intent to be a forex trading manual; however, I’ve done my very best to cover every relevant topic as to give the reader a foundational understanding of how to get started.
Trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is no guarantee of future results.
Financial freedom is available for those who learn about it and work for it.
- Robert Kiyosaki
Contents
Chapter One – What is Forex
History of Forex
Why Trade Forex
Majors, Crosses, and Exotics
Sessions
Chapter Two – How to Trade
Choosing a Broker
Chart Types
Lots, Pips, and Pairs, oh my
Demo Demo Demo
Chapter Three – Order Types
Chapter Four – Market Analysis
Indicators
Chapter Five – Types of