FX-Men Zombie Assassin
Master Contributor and Member
I just finished the book "Day Trading the Currency Markets" by Kathy Lien. Alot of information from the history of forex, to strategies, and currency characteristics. I definitely think a new trader will get alot out of this book.
The ***iest member of the FX-Men
Superior Master Contributor and Member
Originally Posted by Pglizzy
Hello, i'm new to forex and trading. I was wondering what are some of the best books to get started on? I need something easy to read being as that I don't have any experience in either. Thanks!
There are alot of great e-books on forex trading, but oddly enough, there aren't that many great forex printed books.
If you haven't done so already, I would recommend checking out our forex reading recommendation list for ideas on what books you should read. We've personally read them all and have found them very useful in our forex trading.
if you are the starter than dont go straight to books. read all free stuff on internet and after that go to books. books are just simply not make anything for you if you dont understand the market basics. so get your hands on all free stuff available on net
My favorite are all Steve Nisons candlestick books which help you to just learn to read charts. My favorites, "The candlestick Course" book & "Japanese Candlestick Charting techniqies 2nd edit". I also loved the book "Daytrading the Currency Market" by Kathy Lien that pipcrawler recomended. I actually look for the perfect order of moving average strategy that she mentioned in her book. Works everytime
for the overview of forex whatabout, babypips is adequately enough for starter. The similar approach can be found in RTFX forex trading tutorial. You could pay a visit to their site.
later i would recommended book written by Rob Booker and money management by Ryan Jones.
I started with books like Currency Trading for Dummies and Technical Analysis Explained. Those helped me understand the basics. Then I tried to understand the psychology part of it with Mark Douglas's Trading in the Zone and a few books by Brett Steenbarger. Currently I'm reading High Probability Trading which pulls everything together nicely and Beating the Forex Dealer which has me thinking about the psychology of OTHER market participants (something I hadn't thought enough about before).
I'm just trying to read anything and everything I can get my hands on.