FOREX books what is worth to read?

[FXJHONNY]

These are books published at ac-markets site, they are very good.
I only read a couple of them, but I would recommend seen the list.

Forex book

I also recommend Pipcrawler's Favorite Trading Books, that is a great list.

[PIPstealer]

Originally Posted by Oskar

I don't believe in buying books is better then the free advise right in here. Since I have videos and books (the one you pay for) I know they don't have more then you can find right in here.

Save the money, open a Oanda account and play very micro units from the start. Of course after you read in here more and went trough the babypips school.

My 2 cents (or more)

Forgot to mention, the time will come you think you have to buy one of this 400 500 800 and more dollar softwares. Just forget it waste of time and money, only safe money for the one that sells it. Think: If his software works perfect and makes money would he sell it?

Hey Oskar,

Thanks for your reply. I am already demo trading on a GFT Forex account so its definitely been a big help to be able to apply what I have learnt so far here, and in the babypips school. My knowledge is still quite low so its best that I keep reading this site

[ToddWeek]

Fooled by Randomness by Nassim Nicholas Taleb

After reading this book, you will realize who the crackpots are and how not to be fooled by them. Side benefit, BabyPips becomes a really funny place.

You'll never look at charts and indicators in the same way. They become comical.

[Betting]

I really recommend, "The New Market Wizards". Not only about forex, but about other types of trading as well. It doesn't go into the technicalities of trading at all, but a lot of personal stories and most importantly, the mindset of those famous traders we would all love to be!!

Having said that, everyone here will tell you what is exactly in that book, if you can't control your emotions in trading you will lose your account. The book only tells us what we already now, but it is an interesting read.

[johnnykanoo]

After reading this book, you will realize who the crackpots are and how not to be fooled by them. Side benefit, BabyPips becomes a really funny place.

why do you always manage to insult people? why don't you just grow up? if everybody here are crackpots or whatever you are implying than why don't you just go somewhere else?

[sam111]

I think so books are good, and you can learn many things about forex, it's all about theoretical knowledge and practical knowledge is must for everything, and when we have many sources means web sources and that's all are free, so why are you wondering, there are many good websites which can provide you better knowledge than books and you can practice more here also.you can join free demo trading.

[NEW_FXer]

hmm have got a couple of good replies .. thank you all for your help.

Actually ain't completely newabie as am already in a live account with Oanda but after my profit of 200$ on the first 3 days my balance kept on decreasing till today and am not planning to give up here and I might refill my account with few hundred dollars soon .. am looking for a book which will really give you ideas when to buy and when to sell .. I know there nothing will tell me buy now or sell now but I need to get some base "in case of so n so .. sell or in case of so n so .. buy" based on technical analysis as am zero on it

any specific advice will be appreciated . . .

[ToddWeek]

Originally Posted by johnnykanoo

why do you always manage to insult people? why don't you just grow up? if everybody here are crackpots or whatever you are implying than why don't you just go somewhere else?

Did you actually read what I posted? I didn't say everyone here was a crackpot.

The real question is what is the real reason you think I am insulting people all the time? But let's take a closer look at what you are saying about this.

If my "implication" is false, then you have nothing to worry about, do you? If a person reads the book, they won't see any crackpots.

If my "implication" is true, then I am doing the "newbies" a service by letting them know about the book. If a person reads the book they'll be able to spot a crackpot and have a good laugh.

In either case, there is no harm done to the "newbies".

johnnykanoo, it is obvious that you haven't read the book because you are acting exactly like the people the author talks about. Perhaps you are afraid the "newbies" may have a different opinion about you after they read the book. Is that it?

Side note: johnnykanoo lists the state of Connecticut as home. I find it highly amusing that someone from one of the original 13 colonies doesn't act in accordance with the FIRST AMENDMENT.

"I do not agree with what you have to say, but I'll defend to the death your right to say it." - Voltaire

"Those who don't remember the past are condemned to repeat it." - George Santayana

Perhaps history wasn't one of your favorite subjects.

[ToddWeek]

Originally Posted by NEW_FXer

hmm have got a couple of good replies .. thank you all for your help.

Actually ain't completely newabie as am already in a live account with Oanda but after my profit of 200$ on the first 3 days my balance kept on decreasing till today and am not planning to give up here and I might refill my account with few hundred dollars soon .. am looking for a book which will really give you ideas when to buy and when to sell .. I know there nothing will tell me buy now or sell now but I need to get some base "in case of so n so .. sell or in case of so n so .. buy" based on technical analysis as am zero on it

any specific advice will be appreciated . . .

Take the time to read these threads HERE and HERE on BabyPips.

[NEW_FXer]

Originally Posted by ToddWeek

Did you actually read what I posted? I didn't say everyone here was a crackpot.


Perhaps history wasn't one of your favorite subjects.

Todd,

thanx for the advice I have got that book now .. lets not turn this thread into a fight because of misunderstanding

so calm down