CFDs For Dummies, Australian Edition

Created especially for the Australian customer!



Take advantage of the bestfeatures of these
versatilederivatives

CFDs enable you to have control over a wide variety of financial
products for just a fraction of their underlying value. But with
their potential for higher return also comes higher risk. CFDs
For Dummies gives you clear advice on how to make the most of
these exciting products -- while managing your risk at all
times.

* Diversify your portfolio and increase your trading opportunities
-- trade across various financial instruments, including
shares, foreign exchange, indices and commodities, within Australia
and internationally

* Use stop loss orders and position sizing -- manage your
risk by knowing how much you stand to lose if you get a trade
wrong, before you even open it

* Develop your trading strategy -- analyse your trading
behaviour, develop a trading plan and track your progress

* Work out short- and longer-term trading strategies -- hold
your positions open for only a few hours, or over several
months

* Take advantage of short selling strategies -- make profits
in a falling market, or hedge your overall portfolio against
short-term losses

Open the book and find:

* How much to leverage your trading account

* How to manage trading across different time zones -- and
get some sleep!

* Strategies to invest in commodity CFDs such as oil CFDs and gold
CFDs

* 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 trading
opportunities

* Whether you really need to spend a lot of money on your charting
software