How the Stock Market Works By Michael Becket
Salepage : Michael Becket – How the Stock Market Works
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Description
People are constantly being affected by the fluctuations in the global economy and by financial uncertainty – with major impacts on their savings, portfolios and pensions. Some might see recessions as the very worst time to invest in the stock market, but many of the world’s most successful investors insist that a market downturn is the very moment when people should be investing.
Fully updated for this fourth edition, How the Stock Market Works tells investors what is being traded and how, who does what and to whom, and how to evaluate both the shares and the proponents’ claims about them. Covering crucial issues such as the practical consequences of being a shareholder, this book provides a wealth of information on the stock market and how to use it one’s advantage.
Review
“[A] fine pick for business and personal finance collections.” –Midwest book Review
“This book cuts through the institutions’ mystique with basic information for the amateur… covers all the important issues and takes a sceptical swipe at the pretentious jargon employed by the so-called experts.” —Industry
“Updated fourth edition provides information on how the investment industry works and how to invest successfully.” –Journal of Economic Literature
book Description
A comprehensive introduction to the stock trading process
About the Author
Michael Becket is a much-respected financial journalist who has been London’s The Daily Telegraph‘s small business editor for the past 10 years.
What is forex trading?
Forex, or foreign exchange, can be explained as a network of buyers and sellers, who transfer currency between each other at an agreed price. It is the means by which individuals, companies and central banks convert one currency into another – if you have ever travelled abroad, then it is likely you have made a forex transaction.
While a lot of foreign exchange is done for practical purposes, the vast majority of currency conversion is undertaken with the aim of earning a profit. The amount of currency converted every day can make price movements of some currencies extremely volatile. It is this volatility that can make forex so attractive to traders: bringing about a greater chance of high profits, while also increasing the risk.
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