Classic books about forex

Sep 25, 2016 at 06:38
2,847 Views
57 Replies
Member Since Oct 08, 2019   25 posts
Feb 28, 2020 at 11:13
Selection of a book solely depends on your style and trading requirements. So you yourself will have to choose one wisely. As fas as my suggestion is concerned, I would suggest you to use a demo account side by side. So along with reading from books, you can try whatever you learn practically on your demo accounts.
Member Since Apr 18, 2017   718 posts
Feb 29, 2020 at 07:48
Smith88 posted:
Selection of a book solely depends on your style and trading requirements. So you yourself will have to choose one wisely. As fas as my suggestion is concerned, I would suggest you to use a demo account side by side. So along with reading from books, you can try whatever you learn practically on your demo accounts.

Well said! Demo is the best way of learning Forex trading! It’s free, but full of benefits!
Member Since Jul 20, 2020   232 posts
Aug 21, 2020 at 12:58
Learning forex before trading is very important. Without knowledge you can not survive in the market.
Member Since Jul 19, 2020   298 posts
Aug 21, 2020 at 14:36
There are books about forex trading. No books will give any ready made strategy that will give you constant profit. You have to learn how to customize different strategies according to the changing markets.
Member Since Jul 19, 2020   318 posts
Aug 24, 2020 at 14:35
If you want to make profit from the forex market, you have to learn all techniques and basics of forex properly. You can learn forex from many sources. A demo account will be the best option for learning forex.
Member Since Mar 17, 2021   536 posts
Apr 21, 2021 at 16:43
GeorgeBischof posted:
If you want to make profit from the forex market, you have to learn all techniques and basics of forex properly. You can learn forex from many sources. A demo account will be the best option for learning forex.
Yes. I agree with you. Most traders lose their money because of their low knowledge.
Member Since Jul 23, 2020   869 posts
Apr 24, 2021 at 17:40
Book is a good source for learning. Traders should try this way.
Member Since Jul 23, 2020   759 posts
Apr 26, 2021 at 13:08
Michihito posted:
There are books about forex trading. No books will give any ready made strategy that will give you constant profit. You have to learn how to customize different strategies according to the changing markets.
True. Traders need to practice to improve their skills and strategy besides learning from books or any other sources.
Member Since Apr 26, 2021   7 posts
Apr 26, 2021 at 15:04
Buy Low - Sell High but Algaro Mischita is a classic that can be read and re-read over again
Member Since Mar 28, 2021   617 posts
Apr 27, 2021 at 06:13
One book every trader should read. In trading psychology plays an important role. To understand about it one needs to read 'The Disciplined Traders' By Mark Douglas. It's a real gem.
Member Since Feb 09, 2021   4 posts
May 14, 2021 at 06:29
You are right and forex is more than just reading a few books. It requires a lot of knowledge that people can acquire from various sources online. Limiting yourself to a few books might not be it. There are some very good courses and pdfs available online that can be used to understand more about forex.
Member Since Sep 18, 2020   6 posts
May 14, 2021 at 07:58
Ima think books even if they're classical aren't working now. Lookin' on forums. Don't ya see there's a lot of useful and modern information here. Why should always learn from books? Ima reccomend you start learning new info from modern sources.
Ima do what Ima want to
Member Since Jan 13, 2021   38 posts
May 14, 2021 at 09:45
In reality, on the forums, you can always find quite interesting and useful information, as well as ask any question, where you will be offered different options.
Member Since Oct 21, 2021   2 posts
Oct 31, 2021 at 13:31
try to read buffet and elliot waves
Member Since Mar 16, 2021   477 posts
Oct 31, 2021 at 13:42
Knowledge is required in the forex market. The best book is needed to create that knowledge.
Currency Trading for Dummies,
Day Trading and Swing Trading the Currency Markets,
How to Make a Living Trading Foreign Exchange,
Currency Trading for Dummies
Adventures of a Currency Trader, this book is available on Amazon.
Member Since Mar 16, 2021   477 posts
Nov 03, 2021 at 01:14
croisssan posted:
Why do you want to choose a book? For training?
Currency Trading for Dummies by Brian Dolan, Day Trading and Swing Trading the Currency Market by Kathy Lien, Japanese Candlestick Charting Techniques by Steve Nison, This book is great for beginner traders. There are many more books like Currency Forecasting, Adventures of a Currency Trader etc. that traders can use to gain knowledge. Books will further enhance your knowledge of thought. This is why every trader needs to read a book.
Member Since Apr 09, 2019   538 posts
Nov 03, 2021 at 10:18
Don't discount forex psychology books. Trading in the Zone by Mark Douglas is the most famous but The Mental Game of Trading by Jared Tendler is also very useful and insightful.
If you can't spot the liquidity then you are the liquidity.
Member Since Jul 19, 2020   751 posts
Nov 04, 2021 at 08:08
@sebking1986 Yes I agree with you, these two are gem on trading psychology. Unfortunately most people do not bother about trading psychology and don't study about it.
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