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?
I found “Foreign Exchange Forex Trading- By Ankit Gala & Jitendra Gala” is very useful for fundamentals of trading!
Can anyone recommend me a good book (or good books) that focus on newbie-level fundamental analysis?
I'd recommend starting with a book that immerses you in the concepts. Then there are many good sites online that can give you ideas of how to apply that learning in today's markets. The rest you can learn it here.
Books are better for fundamental than technical IMHO
Dec 11 2017 at 08:10
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?
If there is nothing I can do a compilation about our experiences, good as bad. If we want this market to grow, the abduction of manners is to enter through the readings. The people are very sensitive to it.
Knowledge is one of the keys to success in trading, so I spend a lot of time reading the books on the subject and participating in the forum. here are some good booking that have helped me a lot, that I find great to learn to improve these trading skills:
Trading for a Living: Psychology, Trading Tactics, Money Management
Currency Trading for Dummies' by Mark Galant and Brian Dolan
Trading in the Zone' by Mark Douglas
Day and Swing Trading the Currency Market: Technical and Fundamental Strategies to Profit from Market Moves' by Kathy Lien
The 10 Essentials of Forex Trading: The Rules for Turning Trading Patterns Into Profit' by Jared F. Martinez
The Sensible Guide to Forex: Safer, Smarter Ways to Survive and Prosper from the Start' by Cliff Wachtel
Enhancing Trader Performance: Proven Strategies From the Cutting Edge of Trading Psychology' by Brett Steenbarger
Market Wizards' by Jack Schwager
apanese Candlestick Charting Techniques' by Steve Nison
Trading for a Living: Psychology, Trading Tactics, Money Management
Currency Trading for Dummies' by Mark Galant and Brian Dolan
Trading in the Zone' by Mark Douglas
Day and Swing Trading the Currency Market: Technical and Fundamental Strategies to Profit from Market Moves' by Kathy Lien
The 10 Essentials of Forex Trading: The Rules for Turning Trading Patterns Into Profit' by Jared F. Martinez
The Sensible Guide to Forex: Safer, Smarter Ways to Survive and Prosper from the Start' by Cliff Wachtel
Enhancing Trader Performance: Proven Strategies From the Cutting Edge of Trading Psychology' by Brett Steenbarger
Market Wizards' by Jack Schwager
apanese Candlestick Charting Techniques' by Steve Nison
TiffanyK posted:
Hi guys, personally I am not reading any books about trading, but some of the best recommendations about Forex are:
1. Currency Trading and Intermarket Analysis: How to Profit from the Shifting Currents in Global Markets – by Ashraf Laidi
2. ForeX Trading for Maximum Profit: The Best Kept Secret Off Wall Street – by Raghee Horner
3. Beat the Forex Dealer: An insider’s look into trading today’s foreign exchange market – by Agustin Silvani
4. Mastering the Trade: Proven Techniques for Profiting from Intraday and Swing Trading Setups – by John F. Carter
5. Thirty Days of FOREX Trading: Trades, Tactics, and Techniques – by Raghee Horner[/quote
Thank you very much for your list! I have only read the 2nd one! Now, need to use the others book according to your list.
I do want to suggest you to get real with that matter. I do not need to get it done, I could suggest you to go to your local library and ask here cause people here mainly looking for some online solutions and that's really it no matter how you look at it.
I also do not know which book to recommend universal for trading.
Dove_Services posted:I support
Van Tharp once wrote, trading success is 60 % psychology, 30 % money management and 10 % trading system. It is therefore imperative that our development mirrors such core requirements and not concentrate on those pesky indicators and TA ideas sold by scammers and educators.
As such I would recommend the following :
1)Phantom of the pits
This is written by a trader who wish to remain anonymous. In my view, this is the best trading book ever written. The book only concentrate on three key concepts : cutting losses; pressing winners; and trade psychology. It is very instructive in taking these key concepts from a conceptual level to a practical dimension not seen in any trading books. I think it does a better job in bringing across these concepts than the Market Wizards series.
2)Beat the Forex Dealer: An insider’s look into trading today’s foreign exchange market – by Agustin Silvani
This book is written by an institutional trader and explains the dynamics of the forex market from the institutional standpoint. if you wish to swim with the sharks, you need to understand how they operate and not get eaten in the process. the author provides an insightful view in particular on how to trade the news.
3)Naked Forex by Alex Nekritin & Walter Peters
This book is useful because its scope is comprehensive in covering all the major areas in TA and so offers good content to the world of technical analysis and forex trading
4)jarratt Davies
Jarratt Davies has written a trading book and is very active in expressing his views in professional trading publications. His views can be polarising because he is primarily a fundamental trader with some mix of technical input. He is one of the very few retail trader who has successfully transition to institution level and is consistently ranked one of the top currency trader by performance. I am primarily a technical trader and I credit him for opening my eyes to the role of fundamentals in forex trading and have adapted my trading strategy as a consequence.
5)One Good Trade by Mike Bellafiore
This is a book on the world of professional prop trading. It is useful read because it provides an insight into the world of professional trading and the regime involved to be successful.
6)Sam Seiden
He has written many articles on supply and demand and in my view is unequal in this area in enhancing your understanding of a very important subject in trading.
7)The Art and science of TA by Adam Grimes
In addition to doing a good job on the science of TA, this book is very useful in discussing price action in trading.
8)High Performance Trading by Steve Ward
It is book on trade psychology and its effect on performance. It is not just a conceptual discussion but practical steps involved to transform trading behaviour as after all trading is 60 % psychology.
