where ever you look on the web, you will literally trip over the promises that are thrown at your of huge profits and get rich in one day schemes. This will come together with along with testimonials from traders which seem too good to be true and most of the time are. People and trader are no different ;) tend to look for short cuts , in trading like anything else there are not many shortcuts and if you think you found one you might up paying for it in premium and loose a lot of money What you have to keep in mind if you hope to become successful in trading, is that Forex is not a get-rich-quick scheme by itself, it requires knowledge the right state of mind . Forex trading is a serious business - and as such should be approached like one. Of course there are a select few traders who started without an FX education and have become successful, but they are more the exception the the rule , like the chain smoking grandma of 95 years old, it happens just not very often. The Best Books for Traders we always advice to read and educate yourself , most brokers like GKFX and FTGMarkets have dedicated education areas for their traders and CMS Trader actually sees it as a challenge to get you up to speed. so read . below you will find a good and solid selection of books The Best Books for Traders and that should help get you on the way. i honestly have to admit that i have read around 60% of them some of them are to new for me :)
The Best Books for Traders beginner and intermediate
Currency Trading For Dummies
our plain-English guide to currency trading Currency Trading For Dummies is a hands-on, user-friendly guide that explains how the foreign exchange (ForEx) market works and how you can become a part of it. Currency trading has many benefits, but it also has fast-changing financial-trading avenues. ForEx markets are always moving. So how do you keep up? With this new edition of Currency Trading For Dummies, you'll get the expert guidance you've come to know and expect from the trusted For Dummies brand—now updated with the latest information on the topic.
FOREX TRADING: The Basics Explained in Simple Terms
This book is for those of you who are just starting to consider trading Forex but don’t know where to start, given the abundance of information on the internet. It is a good first book to read, to gain an understanding of the very basics. As an added Bonus, Jim offers one of his Trading Systems, as well as the indicators without any further on-costs. Custom indicators for the MT4 MetaTrader platform, as a download at the end of the book. AND anyone who has received these indicators will also receive the MT5 version of his files when they have been programmed.
Forex Trading: The Beginner's Crash Course
Are you a beginner looking to get started trading the markets? Are you a struggling trader who has some experience trading the markets? Do the markets seem daunting and an impossible and frustrating puzzle? Have you tried other systems which promised massive profits but only caused you losses? This is a great book for you gain a quick understanding of the basics and mechanics of the forex markets. Inside you will find: Forex market mechanics and why it is unique How to choose and avoid being defrauded by your broker Easy to use indicators and strategies which you can implement successfully today
How to Day Trade for a Living
n the book, I describe the fundamentals of day trading, explain how day trading is different from other styles of trading and investment, and elaborate on important trading strategies that many traders use every day. I've kept the book short so you can actually finish reading it and not get bored by the middle. For beginner traders, this book gives you an understanding of where to start, how to start, what to expect from day trading, and how to develop your strategy. Simply reading this book, however, will not make you a profitable trader. Profit in trading does not come with reading a book or two or browsing online. It comes with practice, the right tools and software and appropriate ongoing education.
MT4 High Probability Forex Trading Method
Jim's High Probability Trading Method can be traded on any time frame you choose. He has a personal preference for the 4hr charts or the daily charts as these are time frames he is comfortable with but of course, he acknowledges that there are different strokes for different folks when it comes to time availability, preferred time-frames, lifestyle choices etc. You many not wish to conduct your actual trading off an MT4 platform, however as this method relies on the use of Jim's indicators which he arranged to be specifically built for the platform, you will need to at least download a free MT4 demonstration version to enable you to conduct your trade analysis, and then place your actual trades on your preferred Broker's platform.
Forex For Beginners
Forex For Beginners is the prequel to my first two books, A Three Dimensional Approach to Forex Trading, and A Complete Guide to Volume Price Analysis. It is your primer to the world of forex. It has been written to lay the foundations and provide the framework for getting started in the world of forex, in what I believe is the correct way. My other books then build on what you will learn here, to further develop your trading skills and knowledge. What I try to do in all my books, is to show you how to apply that knowledge to help you become a more confident trader. After all, learning is all well and good, but if we are not taught how to apply that knowledge in a practical way, then it is of little use. It is the application of knowledge that empowers, and this is what I have tried to do here, and in my online training rooms, and all my books.