If you are just starting out with forex trading, or you are an experienced trader who wants to improve your trading capabilities, books about foreign exchange market can be a valuable resource of knowledge.
1. Trading in the Zone: Master the Market with Confidence, Discipline and a Winning Attitude by Mark Douglas
Year of publication: 2001
This book is one of the most sought-after books about forex market, and it focuses on the mental aspects of the trading business. This book emphasizes the significance of having a healthy mindst when entering the forex market and offers a list of steps you need to take in order to train yourself to overcome various obstacles you may encounter while trading.
2. Currency Trading for Dummies by Brian Dolan
Year of publication: 2011
“Currency Trading for Dummies” is a good choice for traders who are just entering the world of foreign exchange. Brian Dolan is a forex market savvy, he was the chief currency strategist at Forex.com, where he oversaw fundamental and technical analysis. This book offers clear and easy to comprehend instructions on the forex market, and if your are a begginer trader, you will not make a mistake if you choose this book to be your guide into the forex world.
3. Naked Forex: High-probability Techniques for Trading Without Indicators by Alex Nekritin and Walter Peter
Year of publication: 2012
Long before computers and calculators, traders were trading “naked”, which is the simplest and oldest trading method. This represents trading without technical indicators, and this is exactly what this book is about. The authors of this book consider naked trading a simple and superiour way to trade. It is suited to those traders looking to quickly achieve expertise with a trading method.
4. How to Make a Living Trading Foreign Exchange by Courtney Smith
Year of publication: 2010
This book explains how to achieve the main goal of many traders – to make a living trading forex. The book starts with an introduction to the Forex market. The author then presents six moneymaking techniques for trading Forex, including his Rejection Rule. This book also unveils powerful risk management techniques and trading psychology strategies.
5. Thirty Days of Forex Trading: Trades, Tactics, and Techniques by Raghee Horner
Year of publication: 2006
Thirty Days of Forex Trading is both a trading journal and an instruction book. It is written especially for beginners and it describes one month of Horner’s trading experience. This book is extraordinary as it showcases how a professional trader operates on a daily basis. It can serve as a guidance for your own trading setuo in the future.
We hope you find this article helpful, and that unliest one of the above-mentioned books will find its place on a shelf at your home.