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

Best forex strategy books

There are a lot of Forex strategy books.Now here are four of the best Forex strategy books.I believe they can help you understand the Forex markets.

1. Mechanical Trading Systems: Pairing Trader Psychology with Technical Analysis (Wiley Trading) by Richard L. Weissman
2. Trading Systems That Work: Building and Evaluating Effective Trading Systems by Thomas Stridsman
3. Trading Systems and Methods + Website (5th edition) Wiley Trading by Perry J. Kaufman
4. The Daily Trading Coach - 101 Lessons for becoming your own Trading Psychologist by Brett Steenbarger

I learn a lot from these best Forex strategy books, they contain lots of information about trading systems and forex trader's attitude.

First these books offer some trading systems. But they are not match you. Therefore you have to build your own Forex trading system.

For instance I like use grid trading strategy. For this reason I open a forex demo account and practice Forex grid trading.

I believe that it can help me understand the details of the forex trading system.

What's more these trading systems are match the futures and forex markets.

Second Brett Steenbarger updates the blog every day. His articles will teach you to think correctly and improve your trading.

Every successful trader has a trading journal. I believe that it can help me enhance the Forex trading performance.

Finally beginners should trade the daily chart. Someone like trade on the 15 minutes chart,but I pick the daily chart my primary time frame.

Further reading The Holy Grail Of Forex Trading Strategies – Daily Chart Time frames

These are my best forex strategy books.

Best Forex trading strategy books

Here are two of the best forex trading strategy books. They can help you improve your trading.

• Market Wizards, Updated: Interviews With Top Traders by Jack D. Schwager
• Attacking Currency Trends: How to Anticipate and Trade Big Moves in the Forex Market by  Greg Michalowski 

I learn a lot from these best Forex trading strategy books.

First, find the support and resistance levels. It seems simple. But it is the best forex trading strategy

• A moving average is also known as Dynamic Support and Resistance level.
• Find a trend line.
• Draw support and resistance levels

AUDUSD daily chart support and resistance levels from ctrader

Second some traders just want to make money. But they don't have their own forex trading strategy.

Therefore as a beginner, you can automatically copy the forex trading signals in real-time on MetaTrader 4.