Forex traders buy and sell currencies for a variety of reasons, including making a profit, facilitating international tourism, and much more. That being said, forex trading can be risky if you’re a beginner who doesn’t assess the risks before starting out. That's why we've gathered up the best forex trading books, so you can learn from the experts.
Best Forex Trading Books
Below are the top 10 books on forex trading to help you minimize risk and get started today.
1. Forex Trading by Jim Brown
This best-selling book is written by full-time forex trader Jim Brown, created to help those who are considering forex trading but don’t know where to start. Given the abundance of information on the Internet, it can be difficult to know where to start when beginning your forex trading journey.
This book is the perfect one to understand the basics of forex trading and understand one of Jim Brown’s trading systems.Click Here For The Best Price
2. Forex for Beginners by Anna Coulling
Forex for Beginners is your primer to the world of forex trading. Not only will you understand forex trading better, but you’ll know how to apply your knowledge once you get started. After all, if you’re not taught how you can apply your knowledge in a useful way, it will go to waste.
By reading this, you’ll learn about the risks of forex trading and how to assess the financial risk before beginning. Once finishing this book, you’ll learn how to answer these essential questions with confidence.Click Here For The Best Price
3. Naked Forex by Alex Nekritin
Naked Forex contains a streamlined and highly effective approach to trading without indicators. Most forex traders rely on technical analysis books written for option traders. However, long before today’s technology, traders were trading naked. Naked trading is trading without technical indicators, and that’s what this book will teach you how to do.
Naked trading is the superior way to trade and is best suited for traders who are looking to quickly achieve expertise with a trading method. This book offers a simpler way to make effective decisions using the price chart, almost exclusively without indicators.Click Here For The Best Price
4. The Black Book of Forex Trading by Paul Langer
Many forex traders lose money and fail to make a consistent income by trading. Luckily, this book will help you understand the systems and strategies that advanced forex traders have used to build their accounts. If you aren’t achieving the results you want from forex trading, this book will help you get there.
Instead of introducing hard-to-implement and complicated strategies, this book explains easy ways to fix certain aspects of your trading to start making money right away. Skip several years of losing and learning and stop struggling with money today.Click Here For The Best Price
5. Trading for a Living by Dr. Alexander Elder
Trading for a Living is divided into the three M’s: Mind, Money, and Method. In this, Dr. Alexander Elder helps the reader master those three areas. By reading Trading for a Living, you’ll learn how to become a calm day trader, profit from the market crowd's behavior, and use your computer to find the best trades.
If you’re looking to develop a robust trading system that works, this is the book for you. To ensure that you profit from his ideas, Elder even includes 200 multiple choice questions that are built to help you sharpen your trading skills.Click Here For The Best Price
6. Option Volatility and Pricing by Sheldon Natenberg
Option Volatility and Pricing remains among the most read books among active options traders from all around the world. In fact, it has just been updated to reflect the most current developments and trends in option products and trading strategies. Written with the utmost clarity, this book demonstrates how you can possess the critical essentials to successful trading.
Drawing on his experience as an expert trader, Sheldon Natenberg examines popular theories and their relation to the reality of options trading. While reviewing a wide variety of trading strategies, he makes it easy for the reader to decide which one will suit them best on their road to trading success.Click Here For The Best Price
7. Market Wizards by Jack D. Schwager
In Market Wizards, the world’s top traders reveal their secrets of success. By reading this, you’ll learn how they amass hundreds of millions of dollars each year and how you can do the same. Coming from most financial markets, these top traders will teach you how to cultivate the solid methodology and proper mental attitude that it takes to make money trading.
To become a trading star in your own right, you can implement these guided principles right away. This also includes important insights about both fundamental and technical trading to help you understand it all.Click Here For The Best Price
8. Trading in the Zone by Mark Douglas
Trading in the Zone will teach you how to master the market with confidence, discipline, and a winning attitude. In this, Mark Douglas uncovers the underlying reasons for lack of consistency and helps traders overcome the mental habits that cost them money.
In this, he takes on the myths of the market and teaches traders to look beyond random outcomes. By reading this, you’ll understand the realities of risk and be comfortable with the probabilities of market movement.Click Here For The Best Price
9. Mastering the Trade by John F. Carter
Mastering the Trade introduces proven techniques from profiting from Intraday and swing trading setups. This essential guide to launching a successful trading career is the blueprint for today’s turbulent markets. If you’re looking to understand market actions and trader psychology, this is the book for you.
In this, John F. Carter introduces the five psychological truths that will turn you into a trading professional. Later on, he also goes into seven key internals and pre-market checklists to help you plan out your next move.Click Here For The Best Price
Final Thoughts: Learning About Forex Trading
Although forex trading comes with risk, many forex traders around the world have made it into a full-time income. By reading the books above, you’ll learn how the best traders have become multi-millionaires, how you can minimize risk, and how to better understand the turbulent market of today. Additionally, if you want to continue expanding your knowledge, you may also enjoy our guide to the best day trading courses. Now go and trade the day away!