Forex community offers a wide range of products that are supposed to help new entrants, and in all this variety of products that can be found forex books. There are plenty of books out there on currency and trade in general. Many books in fact often the beginner or aspiring trader is lost in what exactly you need to read to achieve their business goals.
In this article we will go over 3 books have been praised by critics and professional traders. These books are must have, not only for beginners but also for experienced traders. As you’ll see in a minute, not all the best books are on actual trade. Two of the books of the currency in this top 3 are about psychology and mental game. As you grow as a trader, you come to realize that trading psychology is an important part of being a successful trader. That is why these two books have been listed
Let’s review the books
1) “The Disciplined Trader” – .. By Mark Douglas
Marcos Douglas is a legend in the field of trading psychology. He has written several books on these subjects and is probably the writer rather when it comes to mental strength in trading.
“The Disciplined Trader” says that 80% of success that occurs in trading comes from a clear mind and mental discipline. The emotions are the enemy and once they succeed in managing their emotions, there is nothing to stop you from becoming a successful trader.
This forex book is a must buy. The breakdown of the psychology behind trading is helpful for novice traders and experienced. After completing this book, you will have a good grip on how to manage their emotions and positively influence your own mind while trading. No skip it – read
2) “The technical analysis of the currency market” – Boris Schlossberg
Now we come to actual operations. Boris’s book is a must for all traders worldwide. If you are looking to learn and master the technical analysis, this is the book for you. You will learn everything from the basics to technical strategies, money management, risk management and trade management.
This is one of those advanced forex books that make you realize the potential of trade the forex market. Boris also offers a wealth of real-life examples of their trading strategies. Education goes through this book is immense
3) “Mind Games Forex Trading.” – Stephen Mepstead
“Mind games forex trading” is one of those books that focuses currency in improving their psychological strength while facing the ups and downs of the market. Getting yourself in the right mindset is required in trading. You just can not ignore that part of his training. All successful professionals have the mental strength steel, so it should.
This book will help giving you exact instructions on what to do, how to react and how to attract positive thinking to improve their overall business results.
With these 3 books, now you have a great place to start learning forex. While many people say that the currency can not be learned in books, after reading these 3 forex books will definitely improve your chances of becoming a successful trader.