10 Investing And Trading Books You Will Want To Read
As a trader, I always receive questions from people asking “what is trading?” and people seeking to know more about trading and the best methods and approaches needed for trading the market.
As touching the subject of currency trading and the markets, several books have been made available.
Many of these books have been arranged based on technical analysis and fundamental analysis.
Ranging from basic trends in the forex market to advanced strategies for trading the markets, I have taken the time to select the top 10 best forex books any trader will want to read.
I think the compilation of these forex books will help you find the information you require to learn to trade forex. Whether you are a beginner or a more seasoned trader, there is something here for everyone.
The 10 Best Investing And Trading Books
As its name implies, Encyclopedia of Chart Patterns is a voluminous book compiled and designed for seasoned traders. In fact, most professionals do not consider it as a book because of its rich, inexhaustible content.
Together with credible suggestions, tested and proven advice, Thomas N. Bulkowski also provided relevant explanations on how to use charts to improve trading.
Tushar S. Chande wrote specifically for those traders who cannot do without technical analysis. If technical analysis plays a huge role in your trading, then you must not hesitate to reach out for this book.
While presenting you with a wider range of how your analysis should be conducted, it also offers a winning strategy along with some interesting new ideas that can boost your trading level.
I often recommend this book for those who are new to forex trading. Even before you make your first real exchange on the market, it is important you read this book and learn about the basic principles of trading.
Although you will hardly find the complete rundown of definitions in the book because author Augustin Silvani believes you already know a thing or two, however, there are other important things you need to know more about.
These include the risks and dangers you will face as a trader on the forex market. Read this book and learn how to overcome these common failures.
While explaining the basics of forex and its modalities, Courtney Smith takes his time to introduce the world of foreign exchange trading. Discover six ideal ways of earning a steady income through forex.
In this book, you will find and learn several trading strategies that can be applied to succeed in the financial world of foreign exchange. Smith’s rejection rule is one unique forex strategy that can be used to double generated profit from basic channel breakout systems.
5. Naked Forex
Though it’s relatively impossible to trade without technical analysis, however, this had been the case in times past.
In his book, Naked Forex, Walter Peters offers helpful information on how forex trading can be effectively done in the simplest possible way.
Even a novice trader is sure to find easy and simple ways of conducting successful trades when they read this book.
Like every other book from this series, Currency Trading For Dummies written by Brooks and Brian Dolan is a fun and accessible book that does not only present dummies with extremely informative read but easy and simple methods of trading.
When flipping through the pages, you are bound to find interesting ideas and also have a good time. A majority of future traders have found a solid base through this book.
While presenting his book as a trading guide and a trading journal at the same time, Raghee Horner reveals the secrets of trading and the behavior of other traders on the market.
You will get to know more on the essential tools and techniques for trading forex and get involved with a forex trader’s working day.
If you are looking for a credible book on trading strategies, then you need to read Ken McLinton’s book. Whether you are a beginner, intermediate or an expert, you are sure to benefit from this book significantly.
The book is loaded with actual, working strategies that can help you succeed and overcome failures in forex trading. Just like talking to a personal financial adviser, this book is presented in a friendly tone that will expose you to the real facts.
Anna Coulling presents forex for beginners with a comprehensive guide on how to properly manage money, face and avoid risks in the market, and apply relevant techniques for maximum success.
Apart from the established guidelines, you will find to become a successful trader; you will also get the opportunity to learn about how the market works from a real standpoint.
As a beginner, if you are uncertain about where and how to start trading, this book will be of great help in showing you the way.
Mark Douglas’ book, Trading in the Zone is a must-read for every aspiring, successful forex trader.
While bursting with informative advice on various ways of improving your trading levels, this book is primarily designed to adjust your behavior and the way you see things so as to prepare you for your future endeavors in the market adequately.
The book focuses on the psychology of trading and the relevance of having a healthy mindset. No wonder, it is considered as the “bible of forex trading psychology.”