Top 10 Best Forex Trading Books.
If you want to become really successful at forex trading, you’ve got to trade like the pros do. And that’s why it’s important to read helpful books every once in a while.
In this write-up, we’ve shortlisted the top 10 books for forex traders. Read on.
Top Books For Beginner Forex Traders in 2022.
#1.
Currency Trading for Dummies.
Authored by Brian Dolan, this is one of the best fx books to read if this is your first-time trading or investing. It contains all the details you need to build and consolidate a winning strategy. One thing we like about it is that it brings together instructions that are packaged in an easy-to-learn manner.
Even though the book was originally published in 2011, it remains relevant all thanks to the updates from the Forex.com team.
#2.
Japanese Candlestick Charting Techniques.
Steve Nison, the author of this book is not your ordinary wannabe trader. In fact, he is often described as the father of modern candlestick charting. His masterpiece provides detailed education on candlestick charting along with details on hedging, futures, equities, and speculation.
If you have ever wanted to make good use of technical analysis in your trading life, this is definitely a book worthy of your attention.
However, we’d like to warn you that this book is quite technical. So, if you’re into fundamental analysis, it might not be an easy read. But if you’re into technical analysis, it’s worth the read.
#3.
Forex Trading: The Basics Explained in Simple Terms.
Have you been considering getting started in Forex but have no clue where to start? Well, this publication by Jim Brown might be worth your attention. Jim has more than 17 years of trading experience and claims to have tried almost every other popular trading method out there. His rewarding experience as a trader makes him a confident tutor especially for anyone looking to learn the basics.
That said, there are some who think that the details covered in this program are quite basic. Therefore, if you’re already familiar with these and are looking to expand your skills, you might want to go for a more advanced book or course.
#4.
The Disciplined Trader.
Is there anything that’s important as self-discipline when it comes to trading? One minute the markets are moving in your favor and before you know it, the odds shift against you and you’re in the red. Indeed, trading can be an emotional roller-coaster and that’s why we think that Mark Douglas’ book is worth checking out.
Inside this book, Mark trains you on good psychological control. Indeed, you’ll also be exposed to a rigorous self-examination journey which will help you overcome fear.
#5.
How To Start A Trading Business With $500.
There are so many entry-level Forex books available out there but none of them comes close to what this one by Heikin Ashi Trader has to offer. First, if you’ve been trading for quite some time, chances are that you are already familiar with the Heikin Ashi strategy which is quite useful for predicting future prices.
The “How To Start A Trading Business With $500” is authored by someone who uses this very same tool to make huge returns. And the best part is that he guides you on a step-by-step journey on how you also can get started on a small budget.
To us, this book makes a lot of sense to entry-level traders who might be wondering whether they have a winning chance in a world dominated by the Wallstreet Fat Cats.