Both are good sources to learn about forex. I mostly refer to “The Little Book of Common Sense Investing” by Jack Bogle and “A Random Walk Down Wall Street'' by Burton G. Apart from this I follow the school of pipsology on babypips.
Both are good sources of learning. Books are the best source to learn the basics of the market and videos give detailed explanations, which helps to understand the analysis part and approach the market better. It’s completely your choice to learn either from books or videos
I think you have to use the most effective sources of learning. As for books or videos, I think videos are better. But you can also read books. Why not? Maybe some successful trader wrote a useful book with different insights and answers. Every trader has his own way. On this way some problems may occur. As a rule, almost 70% of problems are similar. That's why in some book there can be a description of how to solve problems and what this trader did. It is like a supplement. The main training is video tutorials from professionals and a demo account. I have watched it and then tried it on the demo account. I think that's how a lot of traders learn.
I think for understanding the terminology books are a better source but for learning the practical aspect the videos could do the more justice. So the combination of books and videos can give the most effective learning.
croisssan posted: The best option is practice. I think that this will allow the trader to gain experience as quickly as possible and, as a result, profit.
yuh, agree with ya. practicing is the most crucial thing in traidng, there are no books or videos which would help traders to receive as much as experience as they can gain due to practicing, whether on demo or on a real account. I don't underestimate the necessity of learning theory, or maybe just watching videos from famous traders who show how do they trade. Consistency and balance. Like you should set a goal to watch a video daily and then write down what you have learnt, then go to demo and start trading, great system isn't it? Moreover, traders can add here reading articles or some notes about trading + observing the current situation on the market with a help of news.
Both formats are beneficial. Videos and books can help you understand the fundamentals of the market. Make sure to practice on a demo account. It will assist you in gaining practical trading knowledge and experience.
The main goal is to learn trading. Book, courses, or videos, it doesn’t matter where it comes from. You should consume authentic knowledge at your own pace. Personally, I prefer video lessons as they are crisp and help you understand the concepts practically.
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