Friday, January 5, 2018

Best books on forex trading for beginners

If you want to make money in forex trading market, you should keep reading top currency trading books every day. Here is a list of my best books on forex trading for beginners.

First, The Education of a Speculator by Victor Niederhoffer

Whatever you feel like forex trading or day trading, you should read this best book. Maybe Dr Niederhoffer does not reveal his forex trading secrets, but you can learn a lot of things from him. 

Especially, Dr Niederhoffer combines the chess, checkers, fishing, poker, tennis, painting, music with the speculation. After you've finished the book, you will take another look at the speculation.

At last, I've enjoyed reading the book. It offers plenty of insights into how the currency trading market or stock trading market to work.

Second, Bird Watching In Lion Country by Dirk du Toit

Allow me to introduce a book about animals. Ha ha, I was only kidding! In fact, this book is the best one on the forex trading market. The author's 4 ×1 trading systems is similar to the forex grid trading strategy.

Furthermore, it covered quite a bit of material:
  • Foreign Exchange Basics
  • Elements of a proper trading system
  • Pre-trading Edges. 
  • How to build a forex trading plan.
  • My Methodology: Median Trading
  • Risk Management
Finally, I believe it fits for every forex trader. You can go to the web to download bird watching in lion country PDF.

Third, Currency Trading For Dummies by Kathleen Brooks and Brian Dolan

The book is suitable for all forex traders, especially for beginners. If you want to start the forex trading business, you must read it. Because it contains the most basic knowledge of forex trading.

Fourth, The Mind of a Trader: Lessons in Trading Strategy from the World's Leading Traders by Alpesh B. Patel

In this book, you can learn many trading tips of professional traders. These may seem so simple, but they are so important, and often overlooked.

The following books are a collection of interviews about successful traders. I think you could learn more from them.

Fifth, Trading Chicago Style by Neal T. Weintraub

Sixth, Millionaire Traders: How Everyday People Are Beating Wall Street at Its Own Game by Kathy Lien

Seventh, Tricks of the Floor Trader: Insider Trading Techniques for the Off-the-Floor Trader by Neil T. Weintraub

More reading: Is it possible to make money in forex?

Best books on forex trading for beginners


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