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Classic books about forex
Feb 28, 2020 at 11:13
Mitglied seit Oct 08, 2019
23 Posts
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.
Feb 29, 2020 at 07:48
Mitglied seit Apr 18, 2017
659 Posts
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!
Mitglied seit Jul 20, 2020
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Apr 21, 2021 at 16:43
Mitglied seit Mar 17, 2021
494 Posts
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.
Mitglied seit Jul 23, 2020
816 Posts
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Apr 26, 2021 at 13:08
Mitglied seit Jul 23, 2020
696 Posts
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.
Mitglied seit Apr 26, 2021
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Mitglied seit Feb 09, 2021
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May 14, 2021 at 06:29
Mitglied seit Feb 09, 2021
4 Posts
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.
May 14, 2021 at 07:58
Mitglied seit Sep 18, 2020
6 Posts
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
Mitglied seit Mar 16, 2021
447 Posts
Oct 31, 2021 at 13:42
Mitglied seit Mar 16, 2021
447 Posts
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.
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.
Mitglied seit Mar 16, 2021
447 Posts
Nov 03, 2021 at 01:14
Mitglied seit Mar 16, 2021
447 Posts
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.
Mitglied seit Apr 09, 2019
516 Posts
Nov 03, 2021 at 10:18
Mitglied seit Apr 09, 2019
516 Posts
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.
Nov 04, 2021 at 08:08
Mitglied seit Jul 19, 2020
749 Posts
@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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