Acknowledgements
Foreword
Introduction: The Ideal Home Business?

1. Welcome to the Global Financial Markets
Self-Reliance: Recession-proof Insurance in the Age of the Disposable Worker
Qualities of a Successful Trader: Do You Have What it Takes?
What Moves the Markets? Supply and Demand - the Long and Short of it
Meet the Players: the Bulls and the Bears
Technical or Fundamental? The Oldest Debate and Why the Answer Isn't Important
Forex - the Ideal Market for the Independent Trader
What the Heck is a "Pip"? How Much is a "Lot"?
Economic Releases and What They Mean

2. Getting Started
Selecting a Broker - Your Partner in the Business
Demo Trading: Why Forward Testing is Better than Back-testing
Designing Your Trading Environment
Keeping Your PC Healthy and Happy
A Typical Day for a Day Trader
Before You Quit Your Job
Keeping Up with the Markets Despite Your Job
How Much Start-up Capital Do You Need?
Your Path to Financial Freedom

3. Key Strategies
Candlesticks - What 900-year-old Patterns Can Tell Us About Tomorrow's Price
Charting Basics: Support and Resistance, Trends and Trendlines
Moving Averages: Your Clue to Market Sentiment
Finding Equilibrium - the 21 EMA
Retracement or Reversal? Introducing the Tunnel of 5's
Pivot Points: The Secret Weapon of Bank Traders
Fibonacci - Finding Targets is as Easy as ABCD
How to Handle Multiple Targets
How to Know When You're in a Trend (and What to Do When You're Not)
Not All Indicators are Created Equal - When to Use Which
Divergences: How to Turn Lagging Indicators into Leading Ones
If Trading is a Game, Oscillators are the Stopwatch
Volume: the Only Indicator that Differs from the Rest
The Smart Stop System - Limiting Losses, Protecting Profits
Filter Out Bad Trades with Multiple Timeframe Analysis
A Few Words About News Trading

4. Building a System
Putting it All Together: From Concept to System
Not All Entry Signals are Created Equal
Risk:Reward Ratios - Making a Good System Even Better
When to Take an Early Exit - and When Not to
Money Management: The Key Ingredient to Your Success
Martingale and Anti-martingale Systems
The Equity Curve and What it Can Tell You
Do You Know Your System's Expectancy?

5. The Secret of the Holy Grail
Why 95% of Traders Lose - and How to Avoid Being One of Them
Greed and Fear: The Eternal Dance
Keeping a Trade Journal
Keeping Yourself Fresh and Motivated
What to do About Your Spouse: Maintaining Balance and Family Harmony
Mind, Body, Spirit: The Importance of a Winning Attitude

6. Going Further
Steering Your Ship, Checking Your Course
Adapting the Strategies to Commodities and Other Markets
Business and Tax Considerations
Going Pro: Managing Money for Others
The Fastest Way to Attract Money is to Give Some Away

Appendix A: Online Resources
Appendix B: Further Reading

Andrei Knight is a highly sought-after speaker and coach for professional traders and individual investors alike, and holds international certifications as both an NLP Practitioner, and a Professional Life Coach. He has made frequent appearances at events such as the World Money Show, the Energy Forum, IX Investor, ShowFX World, and was the keynote speaker at last year's International Traders' Conference.

At a very young age Andrei was already playing in professional chess tournaments, and went on to further hone his strategic skills through years spent studying Japanese martial arts. From both worlds, he brings with him a unique perspective to the financial markets, and routinely consults for high profile firms who specialize in investment and wealth management for musical artists, sports celebrities, and other ultra high net worth individuals and trusts.

In addition to his role as Chief Market Strategist for fxKnight.com, a website which provides free tools and strategies for active traders (including live chat, strategy forums, training videos, worldwide market news, and streaming ForexTV), he is also a regular contributor to FXstreet, DailyFX, BabyPips, ForexPros, and the International Business Times, where he also sits on the advisory board.

Contact the Author

If you would like to get in touch with our author to arrange an interview, article, book signing, speaking arrangement, etc., please contact Rebecca in our PR department:

Tel: +44 (0)1730 233885

Email: pr@harriman-house.com

Please note that we do not give out our authors' personal contact details and will discuss your enquiry with them.

"If you want to trade for a living, you'll want to consider forex - and if you're thinking of trading forex - you need to think of Andrei Knight. His book tackles the topic of setting yourself up for a career in trading, from start to finish. It's a must-read for anyone thinking of starting up in the wildest financial market in the world."
- Rob Booker, featured in 'Millionaire Traders' and author of 'Adventures of a Currency Trader'

"It's very important to be fully prepared when you enter the fascinating world of Forex trading. Andrei does an excellent job in covering everything you need to know. I wish that this book would be given to every trader who is interested in trading forex for a living. You owe it to yourself to read this book!"
- Markus Heitkoetter, CEO of Rockwell Trading Inc.