This basic guide to Bloomberg has provided an introduction to one of the most practical tools participants in the financial markets can use. Unfortunately, Bloomberg can be expensive, which means that having a home system may not be practical for many readers. On the positive side though, it is often possible to access a Bloomberg terminal through a public site such as a library or university.
Because there are so many functions available in Bloomberg, this guide has been able to provide no more than a simple introduction to the system, along with an overview of some common tools that users might find useful. Once you begin using Bloomberg, you will undoubtedly find a great many more tools that fit your particular investment and trading style.
Readers interested in a more in-depth examination of Bloomberg may also want to keep an eye out for the Advanced Guide to Bloomberg on the Investopedia website. The Advanced Guide will provide more detailed instructions on how Bloomberg can be used to analyze, monitor and trade some of the major asset classes, including stocks, bonds, currencies and commodities. After reading the Beginners and Advanced Guides, readers should have a good foundation in using Bloomberg. From there, it is just a matter of sitting down with the system and familiarizing yourself with it. As with many systems, in the end the best way to learn Bloomberg is through hands-on trial and error. (For more, see Top 7 Questions About Currency Trading Answered.)
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