Good Literature for a beginner?

There are several threads on this forum devoted to book recommendations.

Here is one — 301 Moved Permanently

Search the forum for the others.

Some titles keep coming up in recommendations, over and over again.

Here are several — in no particular order — that get repeated often:

Mark Douglas: [B]Trading in the Zone[/B], and [B]The Disciplined Trader[/B]

Dr. Alexander Elder: [B]Trading for a Living[/B], [B]Come Into My Trading Room[/B], and [B]Sell & Sell Short[/B]

Kathy Lien: [B]Day Trading the Currency Market[/B], and [B]Day Trading & Swing Trading the Currency Market[/B]

Kathy Lien and Boris Schlossberg: [B]Millionaire Traders[/B]

Jack Schwager: [B]The New Market Wizards[/B]

Brett Steenbarger: [B]Enhancing Trader Performance[/B]

Michael Covel: [B]The Complete Turtle Trader[/B]

Curtis Faith: [B]Way of the Turtle[/B], and [B]Inside the Mind of the Turtles[/B]

Van Tharp: [B]Trade Your Way to Financial Freedom[/B], and [B]Super Trader[/B]

Max Gunther: [B]The Zurich Axioms: Investment Secrets of the Swiss Bankers[/B]

John Murphy: [B]Technical Analysis of the Financial Markets[/B]

Steve Nison: [B]Japanese Candlestick Charting Techniques[/B], and [B]Beyond Candlesticks[/B]

Mark Galant and Brian Dolan: [B]Currency Trading for Dummies[/B]

Barbara Rockefeller: [B]Technical Analysis for Dummies[/B]

If you’re very new to forex trading, you’re probably wondering which one, or two, or three of these books you should start with. Ask any 5 traders, and you will get 5 different answers to that question.

My answer would be: [B]Technical Analysis for Dummies[/B], [B]Japanese Candlestick Charting Techniques[/B], and either one of the Mark Douglas books.

Forex education is essentially a do-it-yourself endeavor. And it should be a life-long pursuit. For the duration of your career as a trader, you should be reading and learning. So, take it a step at a time.

Clint

2 Likes