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 A Newbies' Guide: An Everyday Guide to Foreign Currency Trading (Newbies Guides to Finance Book 1)
Forex stands for foreign exchange, and is a way of making money by trading on the currency markets. This book shows you forex made simple, explaining just what you can expect:
- An introduction to the symbols, jargon, and mechanics
- Forex brokers (what to watch out for)
- Fundamental analysis (what moves the markets)
- Technical analysis (how you can anticipate the moves)
- Handling your money (don't try to make a profit!)
- Dealing with your losing mindset (you have one, it's only natural!)
- Planning your approach
- Forming a winning forex strategy
The Newbies' Guides to Finance books give critical advice on a variety of financial issues, and Alan Northcott is an experienced financial writer and trading educator.
Here's what people are saying about Forex - A Newbies' Guide:
"This book is about the Foreign Exchange Market (or Currency Market) and deals in plain English with everything a person needs to know to obtain a true appreciation of this topic. I like the book's down to earth approach. It is well written and well-structured. I highly recommend it to everybody who wants to obtain a solid basic understanding of what Forex is all about." Johann David Renner
"This is a good book for Forex traders to read, either new to Forex or trading for some time you will find useful background information and a great overview of the bigger Forex picture which I think is essential if you are going to be successful as a Forex trader." - Matt Lowe
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