Need a guide on currency trading? We cannot get rid of the classic way of learning just because we are already at the modern times. Being in the Forex industry requires an extensive training and a continuous study in order to get updated on what’s the latest trend. To keep up with what’s hot in the currency trading industry,
Here are the 10 best Forex trading books that you shouldn’t miss:
1. Trading in the Zone / Author: Mark Douglas
The book is applicable to any Forex market which is why this is referred to as the Trading Bible of most traders. This book will be good for everyday reading as you go on with your career as a currency trader.
2. Jesse Livermore’s World’s Utmost Stock Trader / Author: Richard Smitten
Reminiscences of a Stock Operator / Author: Edwin Lefevre
They are two books but they are worth reading. The lessons and insights that you gain upon reading these books are applicable to any market and trading activities as they are timeless.
3. Face the Trader Within / Author: Chris Lori
Chris Lori will teach you the psychology of Forex trading in his book entitled Face the Trader Within. He is the Commodities Trading Adviser and serves as a mentor, as well, to all levels of traders. His book teaches traders the significance of facing their inner challenges or struggles in order to have an outward success. The book’s views are direct to the point and every trader has to read this especially now that it is only free at: http://authenticfx.com/free-forex-books.html
4. Dummies Currency Trading/ Authors: Brian Dolan and Mark Galant
The Dummies Currency Trading book is a great book in preparation for your currency trader career with its best Forex trading strategies.
5. Warrior Trading / Author: Clifford Bennett
Warrior Trading is more of an average Forex trader’s book but it is highly recommended because of the insights on the mechanics and market psychology that were brilliantly expressed in it.
6. The Secret of Candlestick Charting / Author: Louise Bedford
This book by Louise Bedford is highly recommended since it tackles the introduction to the topic on candlestick charting alone but not about Forex Candlesticks.
7. Nison Candlesticks (Second Edition) – Japanese Candlestick Charting Techniques and Beyond Candlesticks / Author: Steve Nison
These books by Steve Nison are most likely similar in terms of content that is why they are on the same spot on our list. He brought the candlesticks to the West from the Japanese culture and he continues to update it in order to remain strong and educating to its readers.
8. Encyclopedia of Chart Patterns (Wiley Trading) / Author: Thomas N. Bulkowski
As the name suggests, this is really an encyclopedia that provides a comprehensive and detailed explanation of common and uncommon chart patterns. Though it is an uneasy book to come by, but it can provide you with a source of good research.
9. How to Trade of a Currency Fund / Author: Jarratt Davis
The How to Trade a Currency Funds book by Jarratt is a very good source of knowledge for traders who belong to the intermediate to advanced level who have been consistently achieved success but are still aiming for much success in the trading industry.
10. Day Trading and Swing Trading the Currency Market: Technical and Fundamental Strategies to Profit from Market Moves / Author: Kathy Lien
Kathy Lien is a reputable currency trader and a person who is known to be of good virtue in terms of value and integrity on the internet. She is the type that could make you listen the moment she starts to speak and read the things she writes for you to achieve what she has already achieved.
The knowledge that the best Forex trading books can give are incomparable compared to the modern way of obtaining knowledge. They are capable of giving continuous updates in order to keep the needed knowledge current. Try one of these recommended books and you’ll see the difference that traditional books are valuable investments in giving you insights and information vital to your currency trader profession.