Video description
If you are going to trade currencies, you had better shorten
the learning curve! Experienced broker and trading educational
author Carley Garner guides viewers through seven clear and concise
lessons exploring the world of FOREX. This simplified guide to
the basics of FX is a must for anybody looking to get involved in
currency trading. Garner efficiently steers beginning FOREX
traders through easy-to-follow discussions of currency market
mechanics, margin calculations, pip value calculation, the truth
about leverage, understanding pairs trading, reading and
interpreting currency quotes, and navigating a trading
platform. She also provides insight on the various FX
brokerage types and the realities of speculating in the FOREX
market.
This product is sold with the understanding
that neither the author nor the publisher is engaged in rendering
legal, accounting, or other professional services or advice by
publishing this product. Each individual situation is unique. Thus,
if legal or financial advice or other expert assistance is required
in a specific situation, the services of a competent professional
should be sought to ensure that the situation has been evaluated
carefully and appropriately. The author and the publisher disclaim
any liability, loss, or risk resulting directly or indirectly, from
the use or application of any of the contents of this product.
There is substantial risk of loss in trading FOREX.
Carley Garneris an experienced
futures and options broker and co-owner of DeCarley Trading in Las
Vegas, Nevada. She is also the author of
Currency Trading in the FOREX and Futures
Markets,
A Trader’s First Book on Commodities, and
Commodity Optionspublished by FT Press. She
has contributed to the FT Press Delivers line of digital products,
Insights for the Agile Investor. Her
e-newsletters,
The DeCarley Perspective,
The Stock Index Report, and
The Bond Bulletinhave garnered a loyal
following.
Carley is a Magna Cum Laude graduate of the University of Nevada
Las Vegas, where she earned dual bachelor’s degrees in Finance and
Accounting. She jumped into the options and futures industry with
both feet in early 2004 and has become one of the most recognized
names in the business.
Throughout her fast-paced career, Carley has been featured in the
likes of
Stocks & Commodities,
Futures,
Active Trader,
Option Trader,
Your Trading Edge,
Equities,
Expiring Monthly, and
Pitnewsmagazine. Carley is often interviewed
by news services, such as Reuters and Dow Jones Newswire, and has
been quoted by the
Investor’s Business Dailyand
The Wall Street Journal. She has also
participated in radio interviews and can be found on the speaking
circuit. Carley is also proactive in providing free trading
education; for details, visit www.DeCarleyTrading.com.
Table of Contents
Introduction
Lesson 1: What Exactly Are FOREX Traders Exchanging?
Lesson 2: Coming to Peace with Pairs
Lesson 3: Quoting Currencies
Lesson 4: Calculating Margin and Understanding Leverage Ratios
Lesson 5: Calculating Profit, Loss, and Risk in FOREX
Lesson 6: Understanding Brokerage Types and Getting Started
Lesson 7: The Realities of FOREX