"synopsis" may belong to another edition of this title.
THE SENSIBLE GUIDE TO FOREX
No reasonable person would invest everything in one asset, or even one asset type, or sector. Yet most people have virtually everything they own tied to the fate of a single currency. As recent years have proven, failure to diversify currency exposure is among the most deadly and widespread investor mistakes.
As governments strive to revive their economies with endless stimulus programs, they risk killing the value of most major currencies, and any portfolio too heavily weighted in them.
While the glaring need for currency diversification as part of any prudent financial planning is now obvious, the solutions are not, nor are they easy to find. The usual kinds of foreign exchange (forex) trading methods are too risky, complex, and demanding for most people. Most who try them fail within a matter of months.
An entire generation of mainstream investors needs solutions-fast. Moreover, they need a wide range of methods to hedge currency risk to fit a variety of needs, and they need them clearly and completely explained, and gathered up in one easy-to-find source.
Finally, here it is.
After years of research, financial guru and market veteran Cliff Wachtel has written the first and only book that provides ways to exploit forex markets to hedge currency risk that are less demanding and risky than the usual forex trading strategies. Whether you're an active but prudent trader, or a passive investor seeking a steady currency-diversified income stream, there are solutions here to fit your needs.
It's an ideal starting point, neither too superficial nor too complex, and it avoids the time-consuming, complex, high-risk methods at which most traders fail. For passive investors, it's a unique guide to considering not just the prospects of a specific investment, but also the health of the currency in which you get paid, and how that currency can affect your real risk and returns.
The Sensible Guide to Forex offers a gimmick-free, step-by-step road map to identifying, planning, and executing trades or long-term income investments offering the best risk/reward profile, while avoiding serious losses that drain your capital, confidence, and motivation. It provides detailed explanations of a panoply of methods for hedging currency risk and improving returns that are no riskier or complex than those commonly used for stocks or bonds, while offering some significant advantages unique to forex markets.
"About this title" may belong to another edition of this title.
Shipping:
FREE
Within United Kingdom
Book Description Condition: New. Seller Inventory # 12662294-n
Book Description Hardcover. Condition: new. Hardcover. FXstreet.Coms 2013 Best Book Award! The Sensible Guide to Forex: Safer, Smarter Ways to Survive and Prosper from the Start is written for the risk averse, mainstream retail investor or trader seeking a more effective way to tap forex markets to improve returns and hedge currency risk. As the most widely held currencies are being devalued, they're taking your portfolio down with themunless you're prepared. For traders, the book focuses on reducing the high risk, complexity, and time demands normally associated with forex trading. For long-term investors, it concentrates on how to hedge currency risk by diversifying portfolios into the strongest currencies for lower risk and higher capital gains and income. The usual forex materials don't provide practical answers for most retail traders or longer term investors. Virtually all forex trading materials focus on time-consuming, high-leverage, high-risk methods at which most traders fail. Materials about long-term investing in foreign assets rarely take into account the prospects of the related currency. A falling currency can turn an otherwise good investment into a bad one. Throughout the book, the emphasis is on planning and executing only low risk, high potential yield trades or investments and avoiding serious losses at all costs. Packed with richly illustrated examples every step of the way and including additional appendices and references to online resources, the book is the ultimate guide to forex for retail traders and investors seeking to tap forex markets for better currency diversification and income. Provides traders with safer, smarter, less complex and time-consuming ways to trade forex with higher odds of success. These include the use of such increasingly popular new instruments like forex binary options and social trading accounts that mimic expert traders.Shows investors how to identify the currencies most likely to hold or increase their value, and provides a wealth of ideas about how to apply that knowledge to a long-term, low-maintenance portfolio for both income and capital appreciation.Helps anyone seeking an asset class with low correlation to other markets by explaining how the very nature of forex markets means that regardless of market conditions there's always a playable trend somewhere, regardless of what other asset markets are doing, and how to find and exploit it for a short-term trade or a long-term investment in a currency pair, stock, bond, or other asset The Sensible Guide to Forex is only book that teaches mainstream risk averse investors and traders how to build a portfolio thats diversified by currency exposure as well as by asset class and sector, via a variety of safer, simpler methods to suit different needs, risk tolerances, and levels of expertise. Written by Cliff Wachtel, a 30+ year financial market writer, advisor, and analyst, The Sensible Guide to Forex offers practical solutions to the above dilemmas faced by every serious, prudent investor. A must own for any informed investor-but dont take out word for it - see advanced reviews at: FXstreet. Com s 2013 Best Book Award! The Sensible Guide to Forex: Safer, Smarter Ways to Survive and Prosper from the Start is written for the risk averse, mainstream retail investor or trader seeking a more effective way to tap forex markets to improve returns and hedge currency risk. Shipping may be from our UK warehouse or from our Australian or US warehouses, depending on stock availability. Seller Inventory # 9781118158074
Book Description Condition: new. Seller Inventory # 4deb272928b82fa2112b31cea432ebf4
Book Description Condition: New. Seller Inventory # 12662294-n
Book Description Hardcover. Condition: new. This item is printed on demand. Seller Inventory # 9781118158074
Book Description hardback. Condition: New. Language: ENG. Seller Inventory # 9781118158074
Book Description Hardback. Condition: New. This item is printed on demand. New copy - Usually dispatched within 5-9 working days. Seller Inventory # C9781118158074
Book Description Condition: New. 2012. 1st Edition. Hardcover. FXstreet. Com s 2013 Best Book Award! The Sensible Guide to Forex: Safer, Smarter Ways to Survive and Prosper from the Start is written for the risk averse, mainstream retail investor or trader seeking a more effective way to tap forex markets to improve returns and hedge currency risk. Series: Wiley Trading. Num Pages: 448 pages, Illustrations. BIC Classification: KFFM. Category: (P) Professional & Vocational. Dimension: 236 x 163 x 36. Weight in Grams: 670. . . . . . Seller Inventory # V9781118158074
Book Description Hardcover. Condition: Brand New. 1st edition. 448 pages. 9.75x6.75x1.50 inches. In Stock. Seller Inventory # __1118158075
Book Description Hardcover. Condition: new. New. Fast Shipping and good customer service. Seller Inventory # Holz_New_1118158075