Day Trading - John Gibson - Bog

The odds are good that the biggest reason you decided to start trading in the first place is because of the massive financial rewards it offers. You may be passionate about the markets and the way they work but, to be honest, passion doesn't quite match the feeling of knowing you can make a living in the markets and that you can rely upon yourself to create a richer life using your skills in trading. Trading successfully is a process. It involves executing a number of steps perfectly and managing your expectations regarding outcomes you have no control over. It involves understanding the risks you undertake every time you sit to trade and mitigating them as best as you can. This book, the second of the Day Trading series, is an attempt to demystify these skills of successful day trading across the currency and derivative markets. In this book, we will focus on the basics of how the FX market works and some basic strategies you can utilize. Intermediate strategies for the markets will be addressed in a later book in this series. We will first look at the mechanics and character of the FX market before diving into some basics skills you need to have before we begin looking at strategies. I wish you the best of luck in your journey to trade successfully. Always remember: You're a lot closer than you believe. Always.