Description
Generate greater profits while protecting your investments in the world’s largest market Much has changed since leading forex expert and educator James Dicks introduced retail investors to trading in the foreign exchange currency market. The market’s daily turnover has grown considerably, and more and more traders are achieving financial success by trading currencies-many thanks to Dicks’s advice. Now, in The Forex Edge, he warns you about the less-than-honest practices and elaborate schemes many brokers use to prevent prosperous traders from retaining their wealth. This cautionary book is the result of Dicks’s personal investigation into an assembly of forex brokers after a suspicious reversal of fortune forced him to close his trading account. It shows you how dishonest brokers pass themselves off as legitimate, the types of scams they run, and the ways you can use this information to your advantage. It outlines a straight-through process for taking more control over your trades to minimize your exposure to the risk of deceptive practices. With The Forex Edge at your fingertips, you’ll be armed with: Practical guidance for using popular automated trading systems Effective approaches to back-testing with recommended software platforms Expert tips for spotting false and misleading information in online forums Proven strategies for profiting from options, hedging, swing trading, and trends From how the forex works and how brokers make money to the most common ways traders lose money-this accessible guide gives you everything you need to ensure your trading strategy draws maximum profits from the biggest financial market in the world. It features the same practical formulas and strategies Dicks uses to beat even the trickiest brokers. In today’s forex market, you need more than a good trading strategy to survive. You need The Forex Edge. McGraw-Hill authors represent the leading experts in their fields and are dedicated to improving the lives, careers, and interests of readers worldwide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
