The forex community offers a wide range of products that are supposed to help new traders, and within all this variety of products you un curso de milagros. There are a lot of books out there about forex and trading in general. So many books in fact that often times the beginner or aspiring trader gets lost in what exactly he needs to read to reach his or her trading goals.
In this article, we’re going to go over 3 books that have been praised by the 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 of the best books are about actual trading. Two of the forex books in this top 3 are about psychology and mental game. As you grow as a trader, you will come to realize that trading psychology is a big part of being a successful trader. That is why these two books have been included in the list.
Let’s go over the books.
1) “The disciplined trader” – by Mark Douglas
Mark Douglas is a legend in the psychology of trading field. He has written several books about these subjects and is probably the most knowledgeable writer when it comes to mental strength in trading.
“The Disciplined Trader” states that 80% of the success that occurs in trading comes from a clear mind and mental discipline. Emotions are the enemy and once you are successful at handling your 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 of immense help for the beginner traders as well as the experienced ones. Upon finishing this book, you’ll have a good grip of how to handle your emotions and positively influence your own mind while trading. Do no skip this one – read it!
2) “Technical Analysis of the Currency Market” – by Boris Schlossberg
Now we get to actual trading. Boris’s book is a must have for all traders around the world. If you’re looking to learn more and master technical analysis, this is the book for you. You will learn everything from fundamentals to technical strategies, money management, risk management and trade management.
This is one of these advanced forex books that will make you realize the potential of trading the currency market. Boris also offers a lot of real life examples of his trading strategies. The education passing through this book is immense.
3) “Mind Games of Trading Forex” – by Stephen Mepstead
“Mind games of trading forex” is another one of those forex books that concentrates on improving your psychological strength while facing the ups and downs of the market. Getting yourself in the right mindset is a requirement in trading. You simply can’t overlook that part of your training. All the successful professionals have steel mental strength, and so should you.
This book will help you by giving you exact pointers on what to do, how to react and how to attract positive thinking to improve your overall trading results.