Created especially for the Australian customer!
Take advantage of the bestfeatures of theseversatilederivatives
CFDs enable you to have control over a wide variety of financialproducts for just a fraction of their underlying value. But withtheir potential for higher return also comes higher risk. CFDsFor Dummies gives you clear advice on how to make the most ofthese exciting products — while managing your risk at alltimes.
Diversify your portfolio and increase your trading opportunities— trade across various financial instruments, includingshares, foreign exchange, indices and commodities, within Australiaand internationally
Use stop loss orders and position sizing — manage yourrisk by knowing how much you stand to lose if you get a tradewrong, before you even open it
Develop your trading strategy — analyse your tradingbehaviour, develop a trading plan and track your progress
Work out short- and longer-term trading strategies — holdyour positions open for only a few hours, or over severalmonths
Take advantage of short selling strategies — make profitsin a falling market, or hedge your overall portfolio againstshort-term losses
Open the book and find:
How much to leverage your trading account
How to manage trading across different time zones — andget some sleep!
Strategies to invest in commodity CFDs such as oil CFDs and goldCFDs
Ways announcements and news releases can affect prices —and how you can manage this through your trading strategy
How technical analysis can help you identify tradingopportunities
Whether you really need to spend a lot of money on your chartingsoftware
Read This On
You can read this item using any of the following Kobo apps and devices: