Trending Content
Career Resources
WSO Free Modeling Series - Now Open Through
April 30, 2024
9 Free Financial Modeling Lessons
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
+Bonus: Get 27 financial modeling templates in swipe file
+Bonus: Get 27 financial modeling templates in swipe file
i think MS has a handbook on FX out there...
Bro, you lied about being an FX pro in your interview.
No book is going to help you keep up that ruse. Quit while you're ahead Jeff Chiang.
babypips.com ;)
FX Trading Books (Originally Posted: 08/01/2010)
Hey, I'm trying to land a S&T gig, hopefully on the forex desk at one of the bb. I was wondering if any of you know some books that would be of help, specifically the basics and leading up to the more intermediate traders.
a
FX Spot or derivatives/options?
Both. But I'm leaning more towards spot
FX Options and Structured Products isn't bad.
What makes you want spot over derivatives?
what do you guys think of kathy lien and her books?
I guess it's more of a personal preference since I have more experience with spot.
Stock Trading/FX for beginners? (Originally Posted: 08/29/2014)
So I really want to get involved stocks and shares. Which would people suggest I get into share dealing or FX?? Also, how would I go about starting? What would you suggest to start off doing. Looking at books,tutorials and paper trading?
Cheers
BUMP
Forex Trading Intro? (Originally Posted: 04/06/2009)
Any advice on a good place to learn about forex trading basics? I created a free account of forex.com to play around, but I would like to read up a bit and read a book that provides a basic insight into forex without getting ridiculously quantitative.
http://www.babypips.com/school/
Great site, thanks
Beginner Forex Trading Help? (Originally Posted: 09/20/2010)
Hi,
So I have an interest in forex trading, particularly long-term trades, but i have no idea how to start/where to learn about it. Can anyone give me some good sites/books to look at for LONG-TERM trading (I will get crushed if I do short/medium trading)?
If you want a strong understanding of the FX market, including how it operates, and the different products, I recommend Foreign Exhange by Tim Weithers.
In terms of long term trading, there are some books on technical analysis (support levels,ect) tech analysis can be used for very short term trades, but it can also also be used for longer term trades.
Currency Trading for Dummies goes into detail about how different currencies react, the key economic indicators, and how to trade in a short or long term trading strategy.
I think you would probably want to do swing trading with FX and take positions based on current market psychology. An example would be the Euro debt crisis, or the resent surge in the Yen.
I am trying to do the same thing because I work full-time and don't have time for short term trading
Basic stuff: Go to http://www.babypips.com and do the beginners course in forex.
Books I recommend for medium-term and long-term trading:
Swing Trading the Currency Market by Kathy Lien http://www.amazon.com/Day-Trading-Swing-Currency-Market/dp/0470377364/r…
Forex Patterns & Probabilities: Trading Strategies for Trending & Range-Bound Markets by Ed Ponsi http://www.amazon.com/Day-Trading-Swing-Currency-Market/dp/0470377364/r…
Ofcourse I'm sure you can find these books for free if you did a little google search
My broker is MBTrading. I'm still demo trading trying to develop a strategy that works for me. If you want more information, feel free to PM me.
P.S. I don't know if this is the right forum for forex...there are plenty of others out there
www.forexfactory.com
FOREX Trading? (Originally Posted: 02/23/2013)
I recently graduated and am in transition from working shitty part time jobs that are unreliable and trying to find an entry level position as a financial analyst.
During my time in college though, I was exposed to precious metals, primarily silver and I found that I could trade it on FOREX and avoid all those ridiculous commissions trading with a broker. Well I made a crapload of money with little to no experience in a months and a half time.
I really enjoyed trading on the FOREX ... Having an account with Gain Capital gave me exposure to a free subscription to E-signal charting.
I'd love to learn more about the FOREX markest and trading in general. Do you guys know any good resources, books, websites, articles ... anything that I can immerse myself to learn about how these markets work and how to trade them properly?
I have a John Murphy's book on technical analysis ... but it is not really FOREX specific.
If you guys could provide any good insights that would be awesome!
you said you made a lot of money what do you need to learn? how much did you make?
I just did basic trendline support and resistance but I had a good trading plan psychologically too.
turned 3800 into 11,100 in a little over 45 days
lol...don't kid yourself
if anything i will learn by trading starting out with a small account with a negligible amount of money to lose ... and build a papertrading book.
www.babypips.com
I am not sure there is more to Fx than the chart for the retail trader. You literally need to form your trading strat from the moves you see on-screen. Do all the fundamental analysis you want, you will, imo, still need to watch the chart.
... Not the easiest way to trade, but I've seen it done on the retail side. Also carefully choose your brokers. Fx is not an exchange-traded market, so watch out for shenanigans.
John Murphy's books are excellent. Learn his take on intermarket relationships. FX being the most liquid markets, in many instances, views and reactions to latest news are expressed through the FX market first.
fx requires a lot of leveraging. make sure you know what you are doing lol
I read a biography of Warren Buffet watched the movie hoodlum, scarface, all godfathers, ghost, casino , goodfellas wall street etc etc etc. after all of this exposure to being taught to have limitless dreams I started surfing on the internet for info about trading. A good friend who is an investment banker discouraged me from forex so I know absolutely nothing about forex but I do know swing trading in the stock market. Its is something to check into look it up on investopedia, wikipedia, and if you have a great mathematical background try some trial and error with a virtual account. I used to get straight A's in math in H.S. and if i wasnt distracted by how much of a huge mega virgin I was in college the first few years I would have continued to get straight A's in math. My father should have brought me a prostitute for my 18th birthday. Anyway with great mathematical skills you can maybe become a great swing trader
fundamental analysis is for big bank and if you going long but for swing trading and gettin in them fewer day money farts all you need is technical analysis
whats that suppose to mean tard as in retard or tard as in i spilt some of the proverbial beans by saying this fact
I dont want to say anything else this is the stuff you learn at you intern in class or at my ivy league SOHK(school of Hard Knocks)
hey I swing trade stock every thing I see and hear on CNBC about a companies performances is after I have pre-determined the out come of a stocks performance through technical and this only works for swing trading which brings big money to an individual but as far as institutional investing over a period of months I still think technical analysis is more helpful but it is good to know fundamental if your going long and hoping for a big fat dividend payment of say above a few percentage points and also fundametal analysis helps when deciding which stock to buy in hope of diviedend payouts.
the fuck's going on in this thread?
that's what i said earlier lol ... i know some people favor more or less fundamentals or technicals .. but i didn't know people had extremely strong feelings about it like that lol
Iste beatae quaerat tempore laudantium. Et est voluptatibus veniam facere sint aliquam enim velit. Et facere minus recusandae quo magni. Facilis dolorum est rerum et et.
Quaerat autem ut voluptates. Enim tempore dolor iste doloribus est. Unde ut ullam ut quo nobis qui. Aut voluptatibus sit vel officia illo vel.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Repellendus dolor ipsa magnam debitis eaque minus nemo et. Quod quia est aut quisquam cumque. Perspiciatis unde maiores facere ut. Tenetur ea provident voluptatem officia earum eaque molestiae. Vel dolorem dolor molestiae tempore.
Consectetur tenetur blanditiis iusto quibusdam in delectus. Consequuntur est voluptas illo voluptatem. Architecto et quo nihil et. Ratione non quos necessitatibus et eius laudantium consectetur consequatur.
Magnam quia sed ut hic. Et dolor tempore voluptatem sunt eligendi aliquid nisi. Dolores qui qui illo.
Ut veniam sint a provident vel aut aut aut. Quasi necessitatibus eos assumenda dolore. Iste nihil soluta sequi aliquam quae illum.