I would suggest that to learn properly, don't just depend on merely reading books, but also start trading on a demo account. Of course, books are a great way to know about forex, but demo trading would give you a better insight into the practicality of the market.
LLewis posted:
Well, good that you created this thread!
I think there are books describing specific techniques (like the Elliot waves, Rainbow trading etc.). Other than that, I would recommend reading articles on technical analysis in well known print publications in the financial field, like the The Journal of Finance for example.
I agree with you
Feb 26 2020 at 13:33
JHenrique posted:
There is a lot of books about investing wrote by rich people and well successful. But, realize, all books about finances are about STOCK MARKET, none about forex market!
Don't exist none book called 'The intelligent speculator' or 'Learn to operate forex market'...
So, exist some classic book about trading, speculation, high risks and fast money?
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
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!
Aug 21 2020 at 12:58
Learning forex before trading is very important. Without knowledge you can not survive in the market.
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.
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.
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.
Apr 24 2021 at 17:40
Book is a good source for learning. Traders should try this way.
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.
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
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.
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.
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
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.
try to read buffet and elliot waves
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.
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.
Nov 02 2021 at 14:16
Why do you want to choose a book? For training?
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.
