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    Easy Money Forex Futures Trading for Beginners
    Easy Money Forex Futures Trading for Beginners
    Easy Money Forex Futures Trading for Beginners
    Ebook119 pages1 hour

    Easy Money Forex Futures Trading for Beginners

    By Joe DiChristophoro

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    About this ebook

    Read this Joe DiChristophoro book on your PC, Mac, smart phone, tablet or digital device or in paperback.

    Everyone has to start somewhere in the business of making money with money. You must have the right information from the very first day if you want to become successful in this business. You don’t need to know everything all at one time nor could you, and you certainly don’t have to learn how to trade every asset class there is. You don’t need to become an expert in every conceivable aspect of trading. You should concentrate on becoming a specialist versus being a generalist and Easy Money Forex Futures Trading for Beginners will help you to do that.

    There are a lot of pre-education and pre-trading decisions you will need to make before you spend any money on trading or capitalizing an account to trade live with as a brand new self-directed Forex futures trader. Easy Money Forex Futures Trading for Beginners delivers a basic comprehensive guide to some of the tools and resources needed to help give you the best beginner information to make some of those hardest decisions.

    The information in Easy Money Forex Futures Trading for Beginners can give you a head start on your education and training learning curve and get you on the fast track to making real money right away in the live financial markets. There are lots of decisions to make before you even learning anything or study anything. I recommend you take your time and plan to learn to do this business the right way from the first day.

    Easy Money Forex Futures Trading for Beginners affords readers who are brand new to swing trading and investing the opportunity to really learn and expand their knowledge base as new Forex traders. This book should be a must read for novice and inexperienced traders looking to build on their foundations and strategies. By knowing what to study from the start you can greatly reduce the huge learning curve there is in this business to be able to make money in the live markets on a consistent daily basis right away.

    Easy Money Forex Futures Trading for Beginners is short; it takes the complexities of learning currency trading and pares it down to the essentials and cuts right to the core and lays out a progressive foundation of principles on which you can begin trading Forex futures for high profit as long as you have done the education and training the right way from the first day. A beginner trading book does not have to be long to give you the basic information you need to actually make money trading Forex. You will be a better and more prepared Forex futures trader after reading this book.

    When you are done reading Easy Money Forex Futures Trading for Beginners you will have an excellent basic explanation of what and what not to do before you even study anything or do any kind of education. The information in Easy Money Forex Futures Trading for Beginners will put you on the fast track to becoming a successful self-directed financial market investor and trader with very little money invested.

    LanguageEnglish
    PublisherJoe DiChristophoro
    Release dateNov 6, 2015
    ISBN9781519997364
    Easy Money Forex Futures Trading for Beginners

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      Book preview

      Easy Money Forex Futures Trading for Beginners - Joe DiChristophoro

      Easy Money Forex Futures Trading for Beginners

      How to achieve Low Risk Forex Futures Profits as a Beginner

      By Joe DiChristophoro

      Copyright 2015

      How this book can be used by you right away

      There are links to some references in the book which I have made clickable for your ease of use. All you need to do is click on the link and it should take you directly to the information in the reference, all clickable links were live as of the writing of Easy Money Forex Futures Trading for Beginners. I encourage you to do more research on your own after having read this entire book once or twice. You will not be able to digest all of the information this book provides in one reading as a beginner.

      There are a lot of pre-education and pre-trading decisions you will need to make before you spend any money on trading or capitalizing an account to trade live with as a brand new self-directed trader. This book delivers a basic comprehensive guide to some of the tools and resources needed to help give you the best beginner information to make some of those hardest decisions.

      The reason you bought this book and why it is unique is that it is going to tell you about the who, what, where, when and how about what you need to know to be able to trade and invest in today's financial markets (or any tradable market) with confidence and zero fear and to be able to do it the right way from the start on as little as $500 capital to start with.

      The information in Easy Money Forex Futures Trading for Beginners can give you a head start on your education and training learning curve and get you on the fast track to making real money right away in the live financial markets. It will be up to you to follow the advice in the book though. There are lots of decisions to make before you even learning anything or study anything. Again I will say, I recommend you take your time and learn to do this business the right way from the first day.

      When you are done reading Easy Money Forex Futures Trading for Beginners you will have an excellent basic explanation of what and what not to do before you even study anything or do any kind of education. The information in this book will put you on the fast track to becoming a successful self-directed financial market investor and trader with very little money invested other than the cost of this book.

      The professional advice I give you in Easy Money Forex Futures Trading for Beginners will empower you to have confidence and zero fear of going in the live markets and accurately initiating a low risk high reward position with which you can have a high probability outcome from being a live market participant. Becoming a successful self-directed investor and trader is not nearly as difficult as one would think as long as they have the proper education and proper knowledge base right from day one, it takes a while but you can do it!

      Here is one more tip I will give you before you get going. If you are going to day trade and trade live with real money and you have only been studying investing and trading for less than one year I recommend you only trade a micro account. You can do this on an account size of as little as $500 dollars to start and still be in the live market making real trades with real money. You won’t make a lot of money however it will give you a taste of the live market environment both good and bad. If you want to try to earn as you learn this is the only way you can do it.

      <<<<<>>>>>

      Table of Contents

      How this book can be used by you right away

      As a beginner you should answer all of the why questions before taking any take action

      Educate yourself to become a winner

      You must become an expert at chart reading and price action

      Do you like money? Do you like your money?

      If you have a big ego you’d better lose it – and quick!

      Your trading method should be supply and demand – it is all the market works on

      Better have rules if you plan to actually make money

      Develop a razor sharp edge to beat the competition

      Trading Forex futures the easy money way

      Some real world examples to really get you thinking

      My final advice to new beginner Forex traders

      Bonus section

      Extra links

      Glossary

      Disclaimer

      As a beginner you should answer all of the why questions before taking any take action

      Begin with the end in mind I always say. There are a lot of things to consider when thinking about becoming a professional market investor and trader. You are the one who is making the decision to get into the trading and investing business, no one is making you do it. It is a big step for someone to take the plunge into the world of making money with money. One has to look inside one’s self and ask some very hard questions before they start driving their own money train down the tracks to riches in the live markets.

      It is very important to have figured out what your ultimate goals are before you step foot into the markets with your hard earned real money. Questions I ask new people are: are you trading for short term income or long term wealth building? Are you trying to build up your account balance to be able to take on more risk and trade larger size? I ask them why they want to do this business. I ask them if they know what their goals for the long term are and if they are thinking with a long term perspective.

      If a new investor or trader cannot answer these questions right away I just encourage them to stay out of the live markets until they can answer them and be honest. I also will ask them how much capital they plan to enter the live markets to work with. There is no point in trying to enter the live markets with scared money.

      New people coming into this business make a lot of mistakes, one being that they don’t know what type of investor or trader they want to be. So when starting out ask yourself. What kind of investor or trader do you desire to be? You should know this before beginning this business.

      Here are some of the main things you need to ask yourself and have made a decision on before you get going. Are you trading for short term income? Are you trading to build up an account balance so you can start trading multiple shares, lots or contracts? Are you trading for long term wealth goals and/or retirement and wish to be a buy and hold type of investor?

      What kind of investor or trader do you desire to be? You should know this before beginning this business. Figure out what style of investing or trading suits your personality the best. Do you want to day trade, swing trade, or position trade? What kind of time are you looking to put in on a daily basis? What kind of returns are you looking at monetarily? Are you the type of person who has a lot of time to devote to looking at charts in the live market to be a day trader? While I do not recommend day trading, it is possible; however, it requires a lot of time, preparation and a large amount capital. I know very few successful day traders. But if you are going to try it, this book will tell you how you can do it with as little as $500 to start off.

      There are only a few different ways to be a market speculator - which way is best for you? You would either become an intraday trader, a swing trader or position trader. Do you like action? Maybe you want to be a scalper and get in and out of trades very quickly and take many trades in one day. You need a speedy internet connection for this type of trading.

      I am sorry to inform you that there is no such thing as scalping unless you are an algorithm. Are you an algorithm? I think not! Even if you could scalp you would need to be using an account size of five hundred thousand dollars or more to make it worth the costs that you would incur doing that type of trading. Don’t be a kook and try it because as a retail trader you will lose all of your freakin money. ALLLLL OOOOOF ITTTTTT!

      The next thing you need to make a decision on before doing anything is how much money you plan to capitalize your new investing and trading business with. As has been said before and will be said again right here and now. Only trade with money you can afford to lose.

      Here is a visualization you can do to get that last sentence in perspective as a newbie. Picture yourself throwing your starting capital into your barbeque, turning the barbeque all the way up to the highest flame or like we were discussing earlier throwing all your hard earned money into the bon fire at the party you’re throwing for yourself for starting your new trading business then watching your money burn up in flames and smoke right before your very eyes.

      If you want to swing trade, you will need to have the capital in your account to handle the overnight margin requirement of whatever your chosen instrument is to work in. CAUTION: If you are new and have to use leverage to trade, you just shouldn’t trade. Stay out until you have sufficient capital to go into the market and be able to have a chance to make money.

      You can also become a position investor and trader and keep positions for a long term time horizon. Most position investors and traders are in a position for months and sometimes years. These are the most successful consistently profitable money making investors and traders in the business. It is this type of investing and trading which over the long term makes the most amount of money.

      One of the reasons this type of investing and trading is so

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