Forex Books

 

Forex Books are texts and documents that provide traders information on forex trading for free or for a fee. A Forex Book generally gives value to a trader or broker by providing general information on trading skills, strategies, signals, systems and promotional material.

There are basically two types of Forex Books available. One is a normal book printed out, the one that you normally find in bookstores, and the other one is an eBook, meaning electronic book, which you can download via the internet.

The Forex market trading is a complex subject and gaining a full understanding of the matter may confuse newcomers. With the exception of Forex training courses, Forex books and eBooks are becoming one of the most popular ways of learning the dynamics of the Forex market.

It is important to keep in mind that Forex Books or eBooks are available in variety, and not everyone is an expert. It is wise to only purchase a Forex Book or eBook from trusted authors, traders and brokers.

Here are a few factors to consider when choosing  good Forex book:

1. Author

A good Forex Book or eBook is usually authored by a well known and successful trader or broker. The author should be well respected in the trading community and the background of the author’s trading experience should reflect his success in the Forex Market.

2. CONTENT

The book should indicate its content and purpose to its reader. You should also consider if the author only wants to sell a product or if he really wants to educate his readers. Unfortunately the market is flooded with peopole just trying to make some quick cash, and will not help you.

Here are some Forex Books recommended for reading to get you started with the Forex Trading:

1. The Complete Guide to Day Trading: A Practical Manual from a Professional Day Trading Coach by Markus Heitkoetter
This is a three-part guide, professional day trading guide book by Markus Heitkoetter that lays out a simple, proven system for trading success. He covered topics from the basic essentials of trading to the actual process of making money in the markets.

2. The Currency Trader’s Handbook: Strategies for Forex success by Rob Booker

This is a Forex eBook about currency trading with money management strategies, trading systems, and other topics about the Forex Market.

3. The Complete Idiot’s Guide to Foreign Currency Trading by Gary Tilkin and Lita Epstein

This Forex Book is an easy-to-follow guide that starts at the beginning and provides basic information about Forex with definitions of market terminology and how to place your first order.

4. Currency Trading for Dummies: A reference for the rest of us by Mark Galant and Brian Dolan

This Forex Book offers a guide that gives you a step-by-step action plan for understanding and trading the Forex market. It gives practical guidance and savvy tips, trading fundamentals, and technical analysis.

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