17 Proven Currency Trading Strategies How To Profit In The Forex Market + Website

With an average of $4.3 trillion exchanged daily, the Foreign Exchange (Forex) market stands as the world's largest and most actively traded market. The Forex market presents countless money-making opportunities every day for astute traders equipped with the requisite knowledge and tools. For amateur investors seeking to capitalize on these Forex market opportunities and achieve substantial returns, this book offers a comprehensive solution. It equips readers with insights and methodologies mirroring those employed by seasoned Forex traders. Penned by Mario Singh, head of the esteemed FX1 Academy, the largest Forex education institution in the Far East, "17 Proven Currency Trading Strategies" serves as an accessible guide designed for individuals of all levels, from novices to experienced professionals, who aspire to quickly acquire the knowledge and skills necessary to succeed in the dynamic Forex market.

The initial section elucidates the fundamentals of Forex trading, explaining how profits are generated, identifying the six key participants, and emphasizing the importance of understanding one's Trader Profile. The subsequent section provides specific and actionable guidance, including a "Trader Profile Test" designed to assist readers in identifying their natural trading style and classifying themselves into one of five distinct trading profiles: Scalper, Day Trader, Swing Trader, Position Trader, or Mechanical Trader. This section also presents 17 proven currency trading strategies, allocating between two and five strategies to each trader profile, enabling readers to immediately pursue profit potential in the Forex market.

Furthermore, the book provides descriptions of various real-world trading scenarios, offering practical advice on navigating these situations. It also guides readers on how to customize a trading system tailored to their individual preferences and risk tolerance. For finance professionals at multinational corporations, the book includes Forex hedging strategies. The book provides essential knowledge to implement proven currency trading strategies.