Hawaii|Mokuʻāina o Hawaiʻi

Trader Vic

Forex Education - 6 Essential Books All Traders Should Read

 

Wanting to earn money through foreign exchange doesn’t have to be expensive. You don’t have to spend over a hundred dollars on e-books and online newsletters from so-called experts who don’t even earn anything from the actual forex education they are teaching. What you can do though is browse through books, even at your local bookstore, for forex trading manuals that are written by people who have walked the walk rather than simply talking the talk. These books don’t even cost as much and you can learn so much more just by reading and applying the techniques.

Here are 6 books that all forex traders should carry along with them:

1. Market Wizards – Jack Schwager

This is a compilation of interviews about people who make a living through currency trading.

2. The New Market Wizards – Jack Schwager

A continuation of interviews derived from Schwager’s great interview techniques just like Market Wizards.

3. Trader Vic--Methods of a Wall Street Master – Victor Sperandeo

Known for his “2B” test technique, Sperandeo’s book is definitely one of my favorites.

4. The Zurich Axioms: Investment Secrets of the Swiss Bankers – Max Günter

This a definite hit in the foreign exchange library. It is easy to read and you’ll feel your adrenalin pumping at every page.

5. What I Learned Losing a Million Dollars – Jim Paul and Brendan Moynihan

This is an inspiring story of a person who lost a million and a half and tells his tale, with great insights, including even his contemplating suicide.

6. Technical Analysis - by Jack Schwager

I found this a great reference book about everything that has to do about technical analysis.

About the Author

Timothy Stevens is a Forex Options Trader who owns http://www.NonDirectionTrading.com - He has helped hundreds of people on Trading Forex with Options.

He has recently developed a free e-course showing you a step by step process for starting your Forex Trading easier. To learn how to start Forex Trading with Options without wasting your time and losing more money, visit http://www.NonDirectionTrading.com/members/FreeReport.htm

This entry was posted on Thursday, June 10th, 2010 at 2:53 am and is filed under Hawaii. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.