Publisher's Synopsis
Retail foreign exchange trading is a small segment of the larger foreign exchange market where individuals speculate on the exchange rate between different currencies. This segment has developed with the advent of dedicated electronic trading platforms and the internet, which allows individuals to access the global currency markets. New retail traders often come into the market thinking they stand a respectable chance of making money but they are tragically ignorant about the vast network of organizations that are heavily incentivized to prevent that from happening. In this new book, I'll explain:
- The hidden conflicts of interest between retail traders (like us), and the various stakeholders of the retail trading industry
- How you have been conditioned to act against your own interests, right from the start
- The surprising truth about technical indicators and price patterns
- How to avoid the tragic fate of most retail traders, by doing the opposite of what they do
- And more
