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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. In this book, best-selling trading author Carley Garner covers everything new currency traders need to know to avoid those pitfalls and start earning big profits. Currency Trading 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, a.k.a. FX); currency futures traded on the Chicago Mercantile Exchange (CME) and elsewhere; 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. Salient Features Only book to clearly introduce each leading venue for trading currencies, including Forex spot markets, currency futures, and currency ETFs. Covers everything new currency traders need to know, from market access and profit calculations to risks and analysis techniques Readers learn all they need to know about choosing trading platforms and brokerage firms Shows how to avoid aggressive and fraudulent marketing tactics and "smoke and mirrors" that have often been associated with currency markets