The first in a series of eight books which explain all aspects of foreign exchange trading to the new or intermediate trader. Written by an ex-Citibank trader and ex-investment banker this book introduces the fundamentals and concepts of foreign exchange trading and gives the reader the knowledge to be able to trade foreign exchange using a dummy account. The book explains the nuts and bolts of the forex market and gives the reader the information which will help them become one of the successful 10% of traders that actually make profits. Further books in the series will give the reader the knowledge and confidence to start trading with real money until finally they are able to leave their day job and concentrate on trading full time.
About the Author
Philip was born and educated in the United Kingdom. He joined Citibank in London before moving to Athens where he worked as a foreign exchange trader for both Citibank and Chase Manhattan. Philip was then posted to Citibank's Middle East North African Training Center in Athens/Beirut as the operations manager and a foreign exchange trainer. After returning to the United Kingdom Philip joined Union Bank of Switzerland as the Head of Learning and Development and introduced trading simulations as a safe way for new traders to trade. In 1993 he was appointed Head of Learning and Education for UBS in North America. He later left the bank and went into partnership with two colleagues and set up a successful financial training company (New Learning Developments) in New York City. At New Learning Developments he developed relationships with all the major investment banks such as Goldman, Lehman, JP Morgan, and other major financial institutions such as The Federal Reserve Bank, Chase, Citibank, ABN-AMRO and the World Bank. In 2001 he returned to London where he worked as a training consultant to financial services institutions and the Ministry of Defense. He now spends his time developing knowledge databases for on-line brokerage houses and conducts webinars on foreign exchange and on-line retail trading.