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    Mastering Forex Basics: A Beginner's Guide to Effective Trading
    Mastering Forex Basics: A Beginner's Guide to Effective Trading
    Mastering Forex Basics: A Beginner's Guide to Effective Trading
    Ebook85 pages34 minutes

    Mastering Forex Basics: A Beginner's Guide to Effective Trading

    By Zeddy Zeddy

    ()

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    About this ebook

    This book, Mastering Forex Basics: A Beginner's Guide to Effective Trading is designed to equip novice traders with essential skills to navigate the complex yet fascinating world of forex.

    This book ensures a seamless transition from theory to practice, guiding you through numerous sessions including the crucial process of setting up your trading account, choosing the right broker, and navigating trading platforms effortlessly.

    Herein, you'll learn about technical analysis for beginners, understand the psychology behind effective trading, and craft your personalized trading plan that adapts to ever-changing market conditions..etc.

    Unlock the secrets to effective trading with a book that not only imparts knowledge but also inspires confidence and success, paving the way for a fulfilling and profitable trading experience.

    Whether you're simply a novice eager to embark on your trading journey or someone seeking to enhance their skills, this book is your compass in the dynamic world of forex trading.

    LanguageEnglish
    PublisherZeddy Zeddy
    Release dateJun 10, 2024
    ISBN9798227068132
    Mastering Forex Basics: A Beginner's Guide to Effective Trading

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      Book preview

      Mastering Forex Basics - Zeddy Zeddy

      Table of Contents

      MASTERING | FOREX BASICS

      CHAPTERS

      CHAPTER 1 | INTRODUCTION TO FOREX

      Understanding the Forex Market

      Importance of Forex Trading for Beginners

      CHAPTER 2 | SETTING UP YOUR TRADING ACCOUNT

      Choosing the Right Broker

      Navigating Trading Platforms

      CHAPTER 3 | DECODING CURRENCY PAIRS

      Basics of Currency Pairing

      Major, Minor, and Exotic Pairs

      CHAPTER 4 | READING FOREX CHARTS

      Candlestick Patterns for Beginners

      Trendlines and Support/Resistance

      CHAPTER 5 | RISK MANAGEMENT ESSENTIALS

      Setting Stop Loss and Take Profit

      Calculating Position Sizes

      CHAPTER 6 | FUNDAMENTAL ANALYSIS MADE SIMPLE

      Economic Indicators and their Impact

      News Events and Market Reaction

      CHAPTER 7 | TECHNICAL ANALYSIS FOR BEGINNERS

      Introduction to Technical Indicators

      Building a Simple Trading Strategy

      CHAPTER 8 | EFFECTIVE TRADING PSYCHOLOGY

      Emotions and Discipline in Trading

      Developing a Winning Mindset

      CHAPTER 9 | CREATING YOUR TRADING PLAN

      Goal Setting and Time Management

      Adapting to Market Conditions

      CHAPTER 10 | EXECUTING TRADES WITH CONFIDENCE

      Placing Orders and Timing

      Analyzing Trade Results

      CHAPTER 11 | CONTINUOUS LEARNING AND IMPROVEMENT

      Resources for Ongoing Education

      Staying Informed in the Dynamic Forex Market

      MASTERING

      FOREX BASICS

      A Beginner's Guide To Effective Trading

      Forex trading is a marathon, not a sprint. It requires discipline, patience, and a methodical approach.

      Kathy Lien

      ––––––––

      Copyright © 2024, Zeddy Zeddy

      No part of this book may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopying, recording, or by any information storage and retrieval system, without written permission from the copyright owner.

      All Rights Reserved

      Disclaimer

      This book is intended for educational purposes only and does not provide financial, investment, or trading advice. The content within this book is based on general principles, and individual circumstances may vary. The author and publisher are not liable for any financial decisions made by readers, and any trading activities conducted are at the sole discretion and risk of the individual. Readers are strongly advised to seek professional financial advice and conduct thorough research before making any investment decisions. The book does not guarantee any specific trading outcomes, and past performance is not indicative of future results. Trading involves risks, and readers should be aware of and fully understand these risks before engaging in any trading activities.

      CHAPTERS

      CHAPTER 1: INTRODUCTION TO FOREX

      Understanding the Forex Market

      Importance of Forex Trading for Beginners

      CHAPTER 2: SETTING UP YOUR TRADING ACCOUNT

      Choosing the Right Broker

      Navigating Trading Platforms

      CHAPTER 3: DECODING CURRENCY PAIRS

      Basics of Currency Pairing

      Major, Minor, and Exotic Pairs

      CHAPTER 4: READING FOREX CHARTS

      Candlestick Patterns for Beginners

      Trendlines and Support/Resistance

      CHAPTER 5: RISK MANAGEMENT ESSENTIALS

      Setting Stop Loss and Take Profit

      Calculating Position Sizes

      CHAPTER 6: FUNDAMENTAL ANALYSIS MADE SIMPLE

      Economic Indicators and their Impact

      News Events and Market Reaction

      CHAPTER 7: TECHNICAL ANALYSIS FOR BEGINNERS

      Introduction to Technical Indicators

      Building a Simple

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