John Callingham asked:


You’ve heard all about the trading systems, you tried the autopilot; but did you even give time to consider having forex books? To help you decide whether or not these forex books will give you the right thing that you need, I’ve listed here some of my most recommended pieces of manuscript to help you get along. Here are some of the books that you can read over a cup of coffee and will guarantee you maximum enjoyment and a huge dose of knowledge.

• Let us begin with Trader Vic – Methods of a Wall Street Master, anyone who already scanned the page of this book will agree that the author is among those traders who write with a sense of investigation and this book acts as his medium to share his insight about all factors that d eals with trading . Take note, I wrote ‘everything’ here since from the psychology aspect down to trend, to money management down to right time to trade; he was able to discuss these all with ease.

• Another great forex book is The Way of the Turtle which was written by Curtis Faith. The main plot is, while trying to visit the turtle farm, the legendary trader in the name of Richard Dennis started a bet with his trading partner who is Bill Eckhardt. The two both suggest that traders are not born instead they are made. In order to settle the bet, they ask the help of a lot of individuals that comes from all walks of life, the two trained them and after a span of two week, they were sent for a trade. The group which is called as the Turtles had earned an amazing amount of more than $100 million in just about a short span of four years.

• There is also the book entitled as the Disciplined Trader Developing Winning Attitudes which was written by Mark Douglas. Among the forex book this one will really give an impression that discipline is one critical factor in trading . Also, in order to mentally prepare you for the real deal, guidelines and advices are provided.

• The Reminiscences of a Stock Operator by Lefevre Edwin is another good book you should not pass on buying. It was written in the year 1923, it is among the book which is currently acknowledge as masterpieces. Also, this is one of the most read books there is in the trading community. In case you already traded before then you can definitely associate yourself in every page that you read in this book.

Most of these Forex books are available online or you can even search for them at your local bookstore to save from the shipping cost. Just make sure to understand and no just scan every page that you are browsing. Comprehend the details and try to practice the guidelines especially when you are on the real arena of trading . Do not just rely on your intuition, rely on facts that these books may give.



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M Wilson asked:


If you are an experienced forex trader or just learning or even thinking about becoming a forex trader there is one book you must read, This book is not about the forex specifically but is still one of the best forex books available. The book was written about trading the stock market but it applies to forex trading just the same.

This book is called trading in the Zone by Mark Douglas. In this book Mark goes deep into the main keys that separate successful traders from everyone else. Most traders are constantly looking for the one system, the one technique or strategy that will make their trading profitable. Some will spend years searching for this holy grail and in doing so they miss the one concept that will make their trading profitable.

This one concept that will make or break your trading career is you the trader. It’s not the system or the techniques it’s you. Your psychology and your resulting habits are the biggest factor that will determine the outcome of your trading . The trading decisions you make will be a result of your own psychological state. If you are not in the right psychological state your trading is going to be a direct reflection of that and like most traders you will likely lose money instead of make money with the forex .

That is the sad fact. Most forex traders do lose money in the long run. This is not because the forex is bad or the systems they are using are bad, it’s because the traders are not in a good psychological position to make the right trading decisions. This book will go in depth and teach you how to get your own emotions and psychology in the right place or “in the zone” to where your trading decisions will be positive.

Not only will this help your trading, also getting your mind right for trading will also help you in other areas in life like business, relationships and parenting. The struggles that traders go through can actually be a blessing in disguise. It’s struggles like these that motivate people to seek the type of information that’s in this book that will help them grow as people.

So if you want to become a better trader I highly suggest you read Trading in the Zone. Another way to greatly improve your trading is to use an automated program or robot to do your trading for you. The advantage of a robot is they don’t have emotions and a psychology to overcome. They already have the ability to do what this book will be teaching you to do. This is why some robots are making more profit than most manual traders do.

If you are not using a robot you should at least take a look at them. They can make a lot of money nd you can learn a lot from them. I will post a link to the one I use below. It’s been producing very consistent profits and it doesn’t cost much.

Watch an automated program trade a live forex account.



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