She writes well, and this book is an easy read for a technical topic. First, the book gives a broad introduction to the forex market. Then, it moves on to specific trading setups. She uses both fundamental and technical analysis in her approach. You will gain the most from this book if you already have a basic trading strategy and are looking to refine it. Like all the books in the Dummies series, Currency Trading For Dummies gives a comprehensive introduction.

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It is also well-edited and formatted for easy reading. As far as forex trading goes, it has touched on all the essential points. Its scope is impressive as a basic forex trading book. On top of that, I like their focus on risk management. This forex trading book will definitely give you a solid foundation. With that, you can move on to learning advanced forex trading concepts.

In fact, in Chapter 20 of this book, you will find 10 recommended trading books for you to move on to.

Top Traders

This book is called The Sensible Guide. Its sensibility comes from its focus on risk. It introduces position sizing early and recommends it as the best way to control your trading risk. It also warns against having too many positions on. For any trading book, a focus on risk is a good sign. In this book, Cliff Wachtel gives a solid introduction to forex trading. On top of that, he covers a decent scope of technical and fundamental analysis for currencies.

Forex for Beginners: A Comprehensive Guide to Profiting from the Global Currency Markets [Book]

If you want to read some stuff by Cliff Wachtel before getting his book, you can head over to his website here. But this book offers a variety of practical trading strategies. For each trading idea, it explains the rationale and background. Then, John Jagerson shows you the actual tools that can help you apply them. In this book, the author stresses the importance of proper trading psychology and explains how emotions are always the enemy of a trader. The author also explains how a trader with limited technical knowledge can make good financial decisions with good psychological control.

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If you are new to the Forex trading then this book is a must-read for you. James Richard is an American lawyer and gold speculator. In this book, the author explains that the US Dollar has been the centerpiece of the world economy and its performance has a ripple effect on the financial condition of other countries around the world. This book will help you to understand the basic financial principles and the economic situation around the world.

10 best Forex trading books for beginners

The biggest challenge for new traders is to raise their capital and this is a great book for new traders as the author explains how to become a full-time trader with limited resources. In this book, the author provides step by step guidance on how to approach trading business with limited capital.

The author also discusses the other aspects of the trading business which will help you to become a successful trader.

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It is a must-read book for new traders, we recommend it. Currency Forecasting is one of the best trading books and it is considered the most authorities work on this subject. It is authored by Michael Roy Rosenberg, an analyst at Merrill Lynch and in this book the author explains all major methods for currency forecasting. This book also provides detailed theoretical discussions on the strategies used by top traders. If you want to have a good understanding of Currency Forecasting then this book is for you.

It is one of the best trading books and it emphasizes the importance of Fundamental Analysis in the FX Market. I have paid thousands of dollars on exclusive groups and paid forums to collect the information presented in this book. As you can imagine these are the highly guarded secrets of the elite of the FOREX traders, no one gives their living away, unless you pay them a price worth their living. However I have decided to make this information for ridiculously low price, because I am fed up with the brokers and the big banks taking advantage of the regular retail trader.

Let me ask you a question? Even further more how much money you are willing to lose, until you give up? How long you will continue to give your hard earned money to the broker?

My hopes and aspirations were quickly crashed and my dreams went to the dump. First I lost , then , 10k , how much longer I could continue like that, how much longer I could endure the ridicule the jokes of my family and the frown on the face of my wife. It was painful, sitting all day in front of the computer, until you can't see any longer and everything including the platform and your mind become blurry.

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I know the pain I have been there. This continued for year, until one morning I was ready to quit, I was going to give it a last try and throw that FOREX staff in the garbage, out the window. I stumbled on a rear tread, which since then has been banned, by the broker that was holding the forum. Finally the tread from the trader X was discontinued.