If you were to make a list of financial topics that have grabbed the interest of the wider public over recent years then spread betting and foreign exchange trading would surely be near the top. These have both been around for decades, but developments in technology and financial markets in the past five to ten years have made them extremely hot topics right now.
This book starts by covering the basics of spread betting and explains why it has become such a popular method for trading a whole host of markets. Next the forex markets are explained - cutting through the jargon to help you understand how they work, what makes currency prices move second by second, 24 hours a day, and how you can trade forex using spread betting.
Finally, some trading strategies are examined - approaches that you can put into practise straightaway using spread betting, and at a level of risk that suits your own particular circumstances.
If you are looking to trade forex then this book provides an expert introduction - helping you to succeed by avoiding the most common pitfalls of this highly volatile but fascinating market.
Stopped me wasting a lot of money
I started to dabbled in Forex spreadbetting a few weeks ago and frankly it was money down the drain until I downloaded this book. The info about managing risk and controlling your trades is absolutely essential if you want to stand a chance of having a trading account that grows rather than shrinks. Very highly recommended if you are trading 'in the dark' as I was.
New to forex and this book helped out big time
This book is written in an easy conversational style, in much the same way as a mentor would do in person.
It strips away all of the 'noise' and homes in on several fundamental principles that are the foundations of any trading strategy.
The principle taught have given me a priceless asset - the confidence to trade!