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9781636100135

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"5 out of 5 ""Forex Trading QuickStart Guide is an insightful introduction to trading currencies on the world's largest financial market. Troy Noonan's comprehensive guidebook Forex Trading QuickStart Guide teaches methods for trading currency on the global foreign exchange market. Geared toward beginning Forex traders, but sophisticated enough for more seasoned investors, the book covers proven techniques for day trading currencies. It also breaks down the mechanics of how the markets work. It serves as an in-depth reference to tapping into decentralized global markets that run around the clock, and for doing so with just an internet connection. Forex trading, the book says, confers one the freedom to work anywhere, as Noonan did in caf� while backpacking around Europe. Focused on practical tips, as with how to find a good broker or what lot size to select, the book's insights were gleaned from decades of trading experience. It covers technical skills, such as data interpretation, price chart reading, and analysis, furnishing a solid foundation to build upon. It explains in great detail how foreign currency exchanges work, where opportunities to invest emerge, and how to spot them, instructing audiences on how to capitalize on the market while minimizing their risks. There are also notes on reading geopolitical situations, understanding debt ratings, discerning chart patterns, and executing successful trades. The parlance of traders and the psychology of trading are covered, too, so that audiences can be confident when engaging the market. And the prose is clear, with esoteric terminology properly contextualized: terms like pip, bid-ask spread, exotic pair, and average directional index are all explained well. The book remains engaging while going over technical subjects by addressing the audience in a direct way. And graphics are used to further illustrate the ideas being discussed, as with a chart that breaks down the inevitability of financial losses with repeat trades. The book is organized into chapters by subject, making it a handy reference. Its chapters are crammed with information that's broken into digestible subsections. Chapter overviews lay out what to expect; summaries follow each chapter, too, highlighting their main takeaways with bullet point lists. The book builds to a conclusion that outlines the twelve powers of trading, explicating principles to empower traders to gain a statistical edge or know when to quit. The concepts are spelled out in a brief enough fashion to pique interest in the next installment of the series. A brief paean to Forex trading extols financial freedom and the challenge of trading, rounding out this thorough work. Forex Trading QuickStart Guide is an insightful introduction to trading currencies on the world's largest financial market, guiding audiences through tapping into a liquid asset class to realize their financial goals."" Reviewed by Joseph S. Pete Foreword Clarion Reviews"

"5 out of 5 ""Forex Trading QuickStart Guide is an insightful introduction to trading currencies on the world's largest financial market. Troy Noonan's comprehensive guidebook Forex Trading QuickStart Guide teaches methods for trading currency on the global foreign exchange market. Geared toward beginning Forex traders, but sophisticated enough for more seasoned investors, the book covers proven techniques for day trading currencies. It also breaks down the mechanics of how the markets work. It serves as an in-depth reference to tapping into decentralized global markets that run around the clock, and for doing so with just an internet connection. Forex trading, the book says, confers one the freedom to work anywhere, as Noonan did in café while backpacking around Europe. Focused on practical tips, as with how to find a good broker or what lot size to select, the book's insights were gleaned from decades of trading experience. It covers technical skills, such as data interpretation, price chart reading, and analysis, furnishing a solid foundation to build upon. It explains in great detail how foreign currency exchanges work, where opportunities to invest emerge, and how to spot them, instructing audiences on how to capitalize on the market while minimizing their risks. There are also notes on reading geopolitical situations, understanding debt ratings, discerning chart patterns, and executing successful trades. The parlance of traders and the psychology of trading are covered, too, so that audiences can be confident when engaging the market. And the prose is clear, with esoteric terminology properly contextualized: terms like pip, bid-ask spread, exotic pair, and average directional index are all explained well. The book remains engaging while going over technical subjects by addressing the audience in a direct way. And graphics are used to further illustrate the ideas being discussed, as with a chart that breaks down the inevitability of financial losses with repeat trades. The book is organized into chapters by subject, making it a handy reference. Its chapters are crammed with information that's broken into digestible subsections. Chapter overviews lay out what to expect; summaries follow each chapter, too, highlighting their main takeaways with bullet point lists. The book builds to a conclusion that outlines the twelve powers of trading, explicating principles to empower traders to gain a statistical edge or know when to quit. The concepts are spelled out in a brief enough fashion to pique interest in the next installment of the series. A brief paean to Forex trading extols financial freedom and the challenge of trading, rounding out this thorough work. Forex Trading QuickStart Guide is an insightful introduction to trading currencies on the world's largest financial market, guiding audiences through tapping into a liquid asset class to realize their financial goals."" Reviewed by Joseph S. Pete Foreword Clarion Reviews"

5 out of 5 ""Forex Trading QuickStart Guide is an insightful introduction to trading currencies on the world's largest financial market. Troy Noonan's comprehensive guidebook Forex Trading QuickStart Guide teaches methods for trading currency on the global foreign exchange market. Geared toward beginning Forex traders, but sophisticated enough for more seasoned investors, the book covers proven techniques for day trading currencies. It also breaks down the mechanics of how the markets work. It serves as an in-depth reference to tapping into decentralized global markets that run around the clock, and for doing so with just an internet connection. Forex trading, the book says, confers one the freedom to work anywhere, as Noonan did in café while backpacking around Europe. Focused on practical tips, as with how to find a good broker or what lot size to select, the book's insights were gleaned from decades of trading experience. It covers technical skills, such as data interpretation, price chart reading, and analysis, furnishing a solid foundation to build upon. It explains in great detail how foreign currency exchanges work, where opportunities to invest emerge, and how to spot them, instructing audiences on how to capitalize on the market while minimizing their risks. There are also notes on reading geopolitical situations, understanding debt ratings, discerning chart patterns, and executing successful trades. The parlance of traders and the psychology of trading are covered, too, so that audiences can be confident when engaging the market. And the prose is clear, with esoteric terminology properly contextualized: terms like pip, bid-ask spread, exotic pair, and average directional index are all explained well. The book remains engaging while going over technical subjects by addressing the audience in a direct way. And graphics are used to further illustrate the ideas being discussed, as with a chart that breaks down the inevitability of financial losses with repeat trades. The book is organized into chapters by subject, making it a handy reference. Its chapters are crammed with information that's broken into digestible subsections. Chapter overviews lay out what to expect; summaries follow each chapter, too, highlighting their main takeaways with bullet point lists. The book builds to a conclusion that outlines the twelve powers of trading, explicating principles to empower traders to gain a statistical edge or know when to quit. The concepts are spelled out in a brief enough fashion to pique interest in the next installment of the series. A brief paean to Forex trading extols financial freedom and the challenge of trading, rounding out this thorough work. Forex Trading QuickStart Guide is an insightful introduction to trading currencies on the world's largest financial market, guiding audiences through tapping into a liquid asset class to realize their financial goals."" Reviewed by Joseph S. Pete Foreword Clarion Reviews

Author Information

Troy Noonan is an author, full-time professional day trader, trade system developer, and trading coach with decades of experience in the study of markets and their behavior. The original Backpack Trader, Noonan cut his teeth executing trades in internet cafes while backpacking through Europe and traveling in South America in the late nineties. Using the freedom that trading provides, he continues to travel the globe and execute trades from the road. As a teacher and mentor, Noonan has helped thousands of students in more than one hundred countries take the plunge and find day trading success on their own terms. His signature strategies are simple, accessible, and highly effective for new and veteran traders alike. With a professional trading career that spans decades, Noonan has extensive experience in successfully applying and teaching others the art and science of forex, futures, options contracts, and day trading. Noonan's first book, Day Trading QuickStart Guide, benefits from his considerable experience as a professional trader and trading coach. The book distills years of successes, failures, strategies, and winning trade plans into the simplest possible ideal path for new day traders, no matter their lifestyle objectives. Noonan's latest book, Forex Trading QuickStart Guide, dives deep into the world of foreign currency trading and lays out exactly what new forex traders need to know to find success in the largest and most liquid market in the world. Noonan is the founder and CEO of BackpackTrader.com, a coaching and trading services provider.

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