Coming from a family of investors and graduating with a finance degree from Singapore, I’ve read tons of books on trading and also spent over $60,000 just to learn about the financial markets.
Applying what I’ve learned over the years, I’ve managed to clinch the #1 grand prize at a Singapore nationwide forex trading championship.
Since I have a finance background, I want to write a book from a professional trader’s perspective rather than a retail trader’s perspective. Most retail traders focus too much on technical analysis. However, this is not a sufficient trading tool if one wants to succeed as a trader.
A lot of the educational content that you see online is also too focused on technical analysis alone. This is a tool that you’ll need as a currency trader, but it is not the most important tool.
In fact, bank traders and hedge fund traders don’t even use a lot of indicators. Their charts are often very clean since they are using other tools to analyse the markets.
To become a successful forex trader, you’ll need to have the whole package. That is why in this currency trading book, I’ll teach you the various tools you’ll need to succeed as a forex trader. You’ll learn:
"If there's one book you need to read about investment, please read "Fundamentals Of Currency Trading". This book is the result of years of research. The models and strategies in this book are tried and tested in the real world to get you results. Please buy a copy for yourself and give all your loved ones a copy too."- Dr. Patrick Liew, Entrepreneur of the Year for Social Contributions
"Fundamentals Of Currency Trading by Karen Foo is a must have and must read for all aspiring to learn FOREX trading. Highly recommended and the only book you need to get started. Hard hitting, Honest and Inspiring. Share her journey from Zero to Hero in this masterpiece. I met Karen and traded FOREX alongside her in my early days as a trader. I followed her on social media, where she shared her tears, pain and resilience to succeed, not just in trading but personal development. Today, she clearly has mastered her art and clearly evolved as a very confident and sharing person. I have met only a few traders dedicated to their art, and Karen is among them."- James Tan, Entrepreneur & Author of Your Cashmoves
"While many new traders come into financial markets hoping to get rich quick, I believe firmly in the importance of laying a strong knowledge foundation before a new trader opens his first real money trade. Karen's "Fundamentals Of Currency Trading" does just that in helping a new trader grasp the essential knowledge that all serious forex traders need to know while leaving no stones unturned. A truly holistic coverage of the world of forex trading, coupled with Karen's ability in explaining many highly technical concepts in an easy-to-understand narrative form is what makes this forex book for beginners stand out from the other forex books out there "- Philip Teo, Founder of Traderwave Academy
Over the years of speaking at seminars and conferences all around Asia, I found that there are some really common habits, mistakes and mindsets that all top traders and losing traders have.
I have personally made countless mistakes that cost me a lot of time and money. I wish somebody told me about these mistakes back then but there weren't. My lovely mentor probably told me about those mistakes, but I think it went in from the left ear and went out on the other.
There weren't YouTube videos that would shout at me back then and be like, "Start managing your risk and stop freakin' thinking about profits like a losing trader!"
I learned a lot of lessons the hard way and also by watching other traders that I come across after all these years of traveling to different countries speaking to different traders from different backgrounds.
With the experience that I have, I want to share what I know with retail traders so that they don't make the costly mistakes that these traders make.
Why I wrote this book?
What I hope to achieve in this book is to educate the typical retail trader of the right mindset and also, at the same time help them learn the basics that they need to know.
This book is also catered to my followers, who told me to write this book. If it's not for their requests, I won't write it because I still prefer doing videos. After all, it is more interactive.
If you're an experienced trader, you might know a lot of what I'm talking about in this book since this book is meant for beginners and aspiring traders. However, I'm confident that you'll gain some new insights and perspectives you can use for your trading. Take it as a refresher to what you already know.
Good luck and happy trading!
Karen Foo is actively involved in speaking at various conferences, seminars, expos, workshops, and publicly-held events in Singapore, Malaysia, Thailand & Vietnam.
Having overcome numerous setbacks in her life, she has gone on to inspire hundreds and thousands of youths, working executives, and leaders of various companies with her journey. Being labeled as the "quietest student and underachiever" throughout her life, she went on to win numerous awards in public speaking contests & scholarships.
She was also featured in TV, radio, magazines, and documentaries for her academic & career achievements. At 23, she was featured in Channel News Asia as a Young Investor.
She was voted as the "Best Trading Guru in Singapore" by Traders Awards 2019 and accumulated over 100,000 subscribers on Youtube. This is where she shares trading & investing tips to her followers from over 30 countries. She was also given the "Top Popular Analyst in Asia" award by Wikiexpo.
Karen has been ranked #1 in a Singapore nationwide Forex trading competition, competing with over 200 traders from NUS, NTU, SIM, SMU & the 5 polytechnics based in Singapore. She was also ranked 10th in a contest organized by FX Street, competing with over 3000 traders from over 20 countries.
She has shared the stage with top investment gurus and CEOs at the various conferences she has spoken at. She is also the contest judge for numerous public speaking contests held around Singapore, ranging from club level to the National level contests.
Her wide range of experience has led her to co-author a book, "Turning Ideas into Profit" with 10 other Asia's experts and professional speakers. Karen is also a contributing author of an investment book titled "Your Cash Moves", where all the proceeds are donated to Singapore Children's Cancer Foundation.