November 29, 2020
Forex Books

5 Best forex trading books everyone should read

For the people who are new in online trading , the idea of foreign exchange seems very intimidating.and hence most of the times prevented and .There are several books made in subject to currency trading ranging from the basic things you need to learn about FOREX to the advanced trading strategies of trading that are based on the fundamental and technical analysis.

For many investors, the world of foreign exchange, or forex, seems daunting and thus is often overlooked or avoided. However, several books are available on the subject of currency trading, ranging from basic education on the forex market to advanced trading strategies based on fundamental analysis and technical analysis.

“Currency Trading for Dummies”

This book “Currency Trading for Dummies”  is a good choice for traders who are just in the start to online trading of foreign exchange. The author of this book is Brian Dolan, who himself is an expert of forex marketing. He had worked for twenty years as a trader of currency and done a huge analysis of its market. He himself being the chief currency strategist at Forex.com where he came more in touch with the fundamentals of it and analysed everything .This book is considered among the best for dummies as the book states .

Everything in this book is very easy to read and understand.

Forex Trading : The Basics Explained in Simple Terms by Jim Brown

This book is written by Jim Brown and the way he has explained everything is all you need to know for being a successful  Forex trader.

A lot more critical elements regarding Forex trading are explained in this book including the strategies, management of money and all crucial things that are to be considered before trading for foreign exchange.

MT4 High Probability Forex Trading Method

The author of this book is also Jim Brown itself. This book has got in it all the tricks and methods of using MT4 in the easiest and the best possible way.

The basic outline of this book is the main Forex Trading Method which is explained very  effortlessly. All you need to do is buy this book for yourself learn the strategies and adapt them .You just have to implement everything on your own MT4 platform.

This book is not for beginners though .You have to know the basics before you grab in this book of his .

The most important thing about this book is its delicacy and simplicity .You don’t have to read it for months .You can read it in a single go before you reach the conclusion of it .This book provides you with the basic trading system and various strategies to follow.This book can act as a guideline to what suits you the best considering your own trading style.This book is not about replicating his stuff.It is about knowing what your own system is like and taking basis from his .

Currency Trading and Intermarket Analysis by Ashraf Laidi

If one really wants to master the foreign currency trade ,this book by Ashraf Laida is a must to read.To go into this market , you have to.There are many factors that determine the rates of the currency , so this book  gives you an idea of what things to be considered and not ignored while investing.

Again this book too involves something for which basics of Forex should be already known. This is a book for those who are already comfortable with the basics of Forex because it takes them to another level to gain a true understanding of the currency market.

A Three Dimensional Approach To Forex Trading Paperback by Anna Coullin

If you are looking for specifically particular trading system to add to your existing Forex trading or modify the same, this is not the book you are looking for then.

Anna Coulling in this book speaks about approach i.e the way to apply a specific method.

It gives you all the idea regarding the points to be marked during Forex Trading.

You may be looking for specific trading systems to add to your Forex Trading. This is not that book.

This books provides a foundation that is essential for every Forex trader. But nothing could be further from the truth. This is not the one time read books. If you are a Forex Trader, this book is more than an investment to you .You are surely going to  go through this over and again.

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