Forex Books

Here are some forex books with good reviews from Amazon.

Some of these books do outline the general concepts of their specific forex system or strategy, but what they really do better is to help your understanding of the forex market in general, trading psychology, as well as understanding the reasons why most forex systems are designed in a certain way.

For example, the concepts of letting profits run and cutting losses short, win-loss ratios, profit-loss ratios, having trailing stop losses based on peaks and troughs, why multiple time frames are used including the use of the shorter time frames to time entries into longer term trends, money management, or the use of indicators... are discussed so that you gain an understanding of these concepts in trading, why many systems are designed the way they are, and the general idea behind trading systems in general.

Plus, they give new ideas to apply to trading, especially good for those who want to design their own systems.

So if you’re interested in learning more about forex trading in general, check out these books at Amazon:

1. Getting Started in Currency Trading : Winning in Todays Hottest Marketplace

2. Forex Trading for Maximum Profit: The Best Kept Secret Off Wall Street

3. Day Trading the Currency Market : Technical and Fundamental Strategies To Profit from Market Swings

4. Currency Strategy: A Practitioner's Guide to Currency Trading, Hedging and Forecasting

5. Trend Following: How Great Traders Make Millions in Up or Down Markets

6. The Psychology of the Foreign Exchange Market

7. Warrior Trading : Inside the Mind of an Elite Currency Trader

To learn how to trade a specific forex system, and to see what systems that are currently available online may suit you, be sure to go to the page on forex systems, to learn how to go from scratch to trading forex in a relatively short period of time. If you aren't sure of how to choose a forex system, check out this discussion on forex systems here.


Related topics:

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All forms of trading involves risk of financial loss.

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Testimonials and trading results of products and services from some people or users of products, does not guarantee or indicate similar results from another user of that product or service.


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