Currency Trading for Dummies

Tue, Oct 30 2007, 10:37 GMT
by FXstreet.com Team

FXstreet.com


About the Authors

Mark Galant photographMark Galant, Chairman of the Board, GAIN Capital Group As Founder and Chairman of GAIN Capital Group, Mark draws upon 25-years of capital markets experience and a strong strategic vision. Under his leadership, the Company has grown into one of the largest and most successful companies in the online forex industry.

Prior to forming GAIN Capital in October 1999, Mark was the number two executive at FNX Limited, an international provider of trading and risk management systems. During his six year tenure, Mark was instrumental in transforming FNX into a world-class software and services firm and, according to Inc. Magazine, one of the 500 fastest-growing companies in the U.S. in 1996, 1997 and 1998.

Before joining FNX in 1994, Mark served as global head of foreign exchange options trading at Credit Suisse. There, he expanded a small regional operation into one of the world's largest and most respected global foreign exchange options trading organizations, trading $4 billion per day. Prior to Credit Suisse, Mark ran the foreign exchange options desk at Chemical Bank. He also traded all financial products as a money manager for Paul Tudor Jones at Tudor Investment Corporation. During his early years on Wall Street, Mark was a floor trader, successfully trading his own account on several of New York's commodities exchanges. He holds a BS in Finance from the University of Virginia and an MBA from Harvard Business School. Mark serves on the Board of Directors of FNX Limited and is a member of the University of Virginia's McIntire School of Commerce Advisory Board.

Brian Dolan photograph Brian Dolan, Chief Currency Strategist Brian is an 18 year veteran of the currency market, having worked as a senior trader and analyst at some of the world's leading international banks, including Dai-Ichi Kangyo, Credit Suisse and American Express. In addition to overseeing fundamental and technical research at GAIN, Brian publishes a daily technical analysis report and weekly macro research report for the exclusive use of GAIN Capital clients. Frequently sought after by the financial press for his insights into currency movements, Brian is a frequent guest on CNBC and Bloomberg TV. Brian has also published numerous articles on short-term trading strategies and risk management in journals such as Futures, Technical Analysis of Stocks & Commodities, and SFO. In the fall of 2007, Brian co-authored Currency Trading for Dummies, a sophisticated, educational resource for traders new to the Forex markets. Brian is a graduate of Dartmouth College.

View Brian's list of reports at FXstreet.com


Book Sinopsis

This nuts and bolts guide gives you a step-by-step action plan for understanding and trading the Forex market. It offers practical guidance and savvy tips in everything from comprehending currency quotes to using leverage, trading with fundamentals, and navigating technical analysis. Plus, you get Forex market guidelines and sample trading plans.

Click the image below to purchase the book
Currency Trading for Dummies book cover

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Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management.

Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

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