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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

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