Here is a selection of books that will help you learn trading basics and feel confident on the market. Notice that all the books on the list are in English.
If you are short of time and need a quick yet sufficient summary about trading essentials, you can always read articles in our Forex guide book.
Forex Trading: Forex Trading Breakout Systems - Trading Breakout Systems Successfully and Profitably (MT4, Forex Trading, Forex Strategy, Expert Advisor)
Discover Profitable Forex Trading
This book is for those of you who are just starting to consider trading Forex, but don't know where to start, given the overwhelming amount of information on the internet.
This book covers the bread and butter strategy of all successful trader, Breakout Trading, helping you to form a solid trading foundation. Breakout strategies have been employed throughout the last 100 years from Richard Donchian, to Richard Dennis, to some of the biggest trend-following hedge funds.
Using the foundation of Forex Breakout Strategies this book will show you what it means to test an idea, implement it in MT4 code as well as provide useful ways of understanding when to use Breakout systems and when to use Mean-Reversion strategies.
Here Is a Preview of What You'll Learn...
- Breakout Trading: The Basics
- Turtle Trading on Daily Bars
- Using Price Action to Determine Breakout Levels
- Seasonal Breakout Patterns
- Trade and Moneyt Management
- Determining Market Regimes for Profitable Breakout Opportunities
- MT4 Code for Indicators and Expert Advisors
Check Out What Others Are Saying...
Given I’m a newbie in the world of fx trading and trading strategies, this book was a real eye opener. From the start the book takes you through an introduction of the fx world and then presents a detailed explanation of a viable trading strategy, the breakout. Compared to other books the highlights are the detailed analysis and backtests of various setups. Rather than having to take the author’s claims on trust, the author presents clear methods to replicate his evidence in favour of breakouts. And even better, I actually made money using these strategies just a couple of days after buying it! -D Brome, Verified Purchase
Corvin is a Forex Trader.
His knowledge of currency trading extends over a 13 year period starting in the investment banking business all the way to running his own hedge fund. His main focus has been on developing rule based approaches to the market that allow for black and white decision making, without any second-guessing. This approach gives peace of mind and allows for tight control and historical testing.
Corvin has also mentored and taught many aspiring new traders.
You can find more useful tools, articles, and data on his website: www.fxmastercourse.com.