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Intro to Trading Currencies in the FOREX and Futures Markets Book

FX Street invited Carley Garner of DeCarley Trading to host a webinar to chat about the contents of her book, Currency Trading in the FOREX and Futures Markets

 

Video Summary:

At FXstreet.com we are always in search for those books that provide the best value to the currency trader. In this is book review series we introduce new and old books from our selection.

During the fifth session of this series, we'll present the book: "Currency Trading in the Forex and Futures Markets" by Carley Garner. She is an experienced futures and options broker at DeCarley Trading, a division of Zaner Group, 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 Options” published by FT Press, a division of Prentice Hall. 

Click on the image below to begin viewing this video discussing foreign exchange trading.

 

Review of Currency Trading in the FOREX and Futures Markets:


In this book, best-selling trading author Carley Garner covers everything new currency traders need to know to avoid those pitfalls. Currency trading offers immense potential to stock and futures investors seeking new speculative opportunities. However, there are several ways to trade in currencies, and many unsuspecting traders have been burned by aggressive marketing campaigns and gimmicks luring them into unfavorable trading environments. 

Currency Trading in the Forex and Futures Markets begins by demystifying all the essentials, from quotes and calculations to the unique language of Forex trading. Readers learn all they need to know about choosing trading platforms and brokerage firms; working with leverage; controlling transaction costs; managing liquidity, margins, and risks; and much more. Garner thoroughly explains the currency spot market (Forex); currency futures traded on the Chicago Mercantile Exchange (CME); and currency ETFs. She candidly discusses the advantages and disadvantages of each, cutting through the "smoke and mirrors" often associated with currency trading. Readers will also find a full section on currency market speculation, including a clear introduction to fundamental and seasonal analysis in currency markets. 

With her guidance, new currency traders can identify the markets and approaches that best fit their objectives, and avoid the pitfalls that have often victimized their predecessors.

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