With an average of $4.3 trillion exchanged per day, the Foreign Exchange (Forex) market is the largest and the most actively traded market in the world. Countless money-making opportunities abound in the Forex market every day for savvy traders equipped with the right knowledge and tools. But how does an amateur investor take advantage of these opportunities to earn high returns? This book provides a comprehensive solution to this question by arming you with the same knowledge and tools that these savvy Forex traders have.Written by Mario Singh, head of the prestigious FX1 Academy, the largest Forex education firm in the Far East, 17 Proven Currency Trading Strategies is a plain-English guide designed for anyone—from beginners to professionals, and everyone in between—looking to quickly master the knowledge and skills needed to win big in the booming Forex market.Following the first section that explains in plain English—what is Forex trading, how money is made in the Forex "game", the six major players involved, and the importance of knowing one's Trader Profile—the second section focuses on specific and practical guidance, which includes:A "Trader Profile Test" to help the reader get a clear picture of his natural trading style and which of five trading profiles he belongs to (Scalper, Day Trader, Swing Trader, Position Trader, or Mechanical Trader)17 proven trading strategies (between 2 to 5 strategies for each trader profile) for the reader to immediately start cashing in on the Forex marketDescriptions of an array of real-world trading scenarios, with tips on how to address themA section that shows the reader how to custom-tailor a trading system designed for his sensibilities and risk toleranceForex hedging strategies for finance professionals at multinational corporationsAnd much moreShort on theory and long on practical insights and step-by-step guidance, 17 Proven Currency Trading Strategies is an indispensable working resource for investors and traders of every classification—from retail investors and fund managers, to portfolio managers and institutional investors—looking to expand their trading horizons and win big in the Forex game.And, whether you're a recent college grad or a baby boomer preparing to retire; a middle manager or business owner; or looking for a reliable second income stream, this book can help you to achieve the financial independence you want and deserve by trading the Forex market, no matter what your life stage, income bracket, or professional standing
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