Forex books.
This section contains books and textbooks on trading in the Forex and stock markets. Each of the books presented is available for free download directly from the site server. All materials presented are distributed absolutely free of charge and are intended for independent reading only.
Forex books were obtained from open sources on the Internet, thanks to them you can independently master trading on the currency exchange without resorting to outside help.
A man for all markets. Edward Thorpe
At the moment, you most often come across books about Forex, the task of which is to reveal the technical aspects of exchange trading and teach new strategies and tactics to beginners.
But unfortunately, theoretical knowledge alone is often not enough to start making stable money; you also need to learn to think correctly.
Many people cannot learn trading for years only because they have a different mindset than professionals in this business.
“A Man for All Markets,” a study guide written by Edward Thorpe, is just what you need to understand the people who made a fortune on the stock exchange.
Its author is a bright personality with an interesting biography.
A person who successfully used mathematics both to win in casinos and to make money on the stock markets. Edward became the founder of two Hedge funds with an average return of 20% per annum and lasted more than 20 years. He created his own system for trading options and securities, which has proven its effectiveness in practice.
Behavioral finance. N. Rudyk
Many novice traders do not pay enough attention to the role of finance in stock trading.
Trying to read only books about Forex and ignoring works on finance. They make the mistake of relying solely on indicator signals, reading news feeds, or monitoring previously identified patterns.
While it is knowledge of finance that helps to achieve better results in long-term investing.
At the same time, it is not at all necessary to be a doctor of science in this matter; to work, it is quite enough to study the basics and use the acquired knowledge when analyzing reporting.
At the same time, there are many pitfalls in this issue; companies often deceive potential investors by distorting reports.
The book “Behavioral Finance” will help you learn to identify deception and avoid these very pitfalls.
Hedger's Diary. Barton Biggs
Hedging is one of the most common techniques for reducing risks in the stock market.
It is hedging that makes stock trading less risky, and traders who actively use it in their work are called Hedgers.
From this it becomes clear why Barton Biggs called his book about stock trading “The Diary of a Hedgehog.”
I would like to immediately note that this publication is more a collection of recommendations for a professional investor than a textbook for a novice trader.
Thanks to the textbook, you will be able to learn how to correctly assess the state of the economy, understand what crises are based on and learn to predict them.
This textbook is dedicated exclusively to trading in the stock market; if you need knowledge about Forex, it is better to choose another book in the “Forex Books” section.
"The Little Book of a Stock Market Winner." Joel Greenblatt
The stock market has always been a great place to make money; most of today's billionaires made their first millions on it.
Securities can be predicted well if you know how to use fundamental analysis; at the same time, you can use technical analysis for trading.
Trading on the stock market has its own distinctive features from trading on Forex that you need to know.
"The Little Book of a Stock Market Winner," written by academic and hedge fund manager Joel Greenblatt, will help you learn these features.
The author is not only a good theorist with a specialized education, but also a person who was able to actually apply the knowledge acquired at the university.
If you are interested in books exclusively about Forex, you will find them in the section - “Forex Books”.
Financier. Theodore Dreiser
In my articles, I often referred to books by an American author, who at one time instilled in me a love for stock trading.
Today I want to share one of them, “The Financier” is the first of the novels in the “Trilogy of Desires”, a series of books telling about how money was made in the 19th century.
The plot of the book was a real story about one of the American millionaires who, practically from scratch, was able to make a fortune that could now be valued at several billion dollars.
The true story of a speculator, a story about how the stock exchange of the nineteenth century was structured, how the analogue of leverage worked at that time.
You will also find out how valuable insider information is, and how share prices are formed under the influence of external factors. How much can circumstances influence, no matter how good the action plan you create is.
Exchange Gaming Strategies Without Risk. Van Tharp
Finding a strategy for trading on the stock exchange without risk is, perhaps, the dream of every trader starting his difficult journey.
The phrase “No Risk” implies that you will be insured against losses, which are the main danger of trading.
How utopian is this possibility and is it really possible to find such a strategy?
The authors of the book being reviewed today, “Exchange Strategies for Gaming Without Risk,” tried to figure this out.
This book, in its essence, is more of a textbook for an investor than a manual for a professional trader, as it covers many issues that are not directly related to stock trading.
Therefore, if you are only interested in highly profitable trading, you will find information about it in the “Forex Books” section.
Book Japanese candles. Collection of models. Gusev V. P.
Japanese candlesticks have long become classics of technical analysis; it is difficult to find a trader who has not at least once tried to predict a trend using candlestick models.
And this is not in vain, since candlestick analysis is quite effective; models often show a change in market conditions, an increase in demand or supply.
In addition, the use of candles is considered one of the simplest methods of trend analysis, and this allows even a novice trader to use them.
There are several candlestick patterns that warn of an imminent trend reversal or, on the contrary, confirm the existing trend movement.
But on most Internet sites you can only find a description of the candles themselves, and not their practical application; this book will help fill this gap.
Short-term trading. Beginner's Guide. Tony Turner
Most beginners associate stock trading with long-term transactions, during which positions are held for quite a long time.
Therefore, many people think that trading stocks requires a lot of money and that trading in the stock market will have to be done without using leverage.
In fact, there is also intraday trading here and it often brings good profits to those who choose a similar earnings strategy.
You will find confirmation of this in the book “Short-term trading.
A Beginner's Guide written by Toni Turner. The author of the book explains why, unlike Forex, long-term strategies in the stock market have already lost their relevance and gives examples of how to make money on short-duration transactions.
A new approach to money management. Ralph Fins
Investing is a more complex process than most novice investors think.
It seems to many that it is enough to have money and it is not at all difficult to invest it in something profitable, but as practice shows, more than half of the investments turn out to be unprofitable.
That’s why it’s so important to be able to manage capital; only diversification, insurance and taking into account risks will help you make a truly profitable investment.
One of the assistants in this matter can be the book by Ralph Finks “A New Approach to Money Management.”
It is dedicated to the creation of a structured investment portfolio; employees of a well-known trading company helped the author in creating the book.
Technical analysis of futures markets. Murphy John J.
Many traders who started their careers in the forex market then switched to futures trading.
Since, according to the majority of those trading on the stock exchange, this market is much easier to predict, and therefore easier to make a profit.
Unfortunately, most of the information describing various trading methods is devoted to trading on the currency or stock exchange.
Finding recommendations for futures trading is quite difficult; John Murphy’s book, Technical Analysis of Futures Markets, can help in this matter.
The author of the book has long been familiar to a wide range of readers for his works on trading on the stock exchange, and among investors as the manager of the hedge fund MurphyMorris Money Management Corp.
On our website you have already become acquainted with another of his books - Virtual Investor .
Fundamental analysis of financial markets. L. Kolmykova
When trading on the stock exchange, traders use two types of market analysis - technical and fundamental.
It just so happens that much more attention is paid to the technical; there are a lot of books and videos describing how to use this method of market research.
On Internet sites you can also find descriptions of the operation of almost every technical analysis indicator and many trading strategies.
While fundamental research methods are not deservedly deprived of attention, although in some cases they work much better than technical ones.
The presented book will help fill the information gap; it is entirely devoted to fundamental market analysis.
Yes, you can see this for yourself by reading its summary:
Forex: The practice of speculating on exchange rates. Valery Udovenko
Another gift for fans of Forex trading, a book dedicated to trading exclusively on the foreign exchange market.
In fact, it can be called a textbook for a novice trader; it contains the basics of exchange activity , working with the trading platform and the basics of technical analysis.
Well, the most important thing is that the book reveals some practical aspects of Forex trading.
At the time of writing, “The Practice of Exchange Speculation in Currency Rates” described the latest technologies that were used in this area.
As the author states, this book is quite sufficient for self-studying the basics of Forex trading, and deeper skills can only be obtained through practical trading.
And the contents of the book speak for themselves:
Book of Investment Wisdom. Peter Crass
At first, everyone comes to the stock exchange for big and fast money and wants to be speculators, but gradually they realize that being an investor is much safer.
Investments do not bring huge earnings like scalping , but the losses are not commensurately lower.
Being an investor is also not easy; this activity requires a lot of knowledge, which can be gleaned not only from your own experience and from specialized literature.
The book of investment wisdom, just by its title, makes it clear that this is exactly the textbook that a future investor needs.
Its author is a fairly well-known analyst and author of articles in financial circles. Peter Crass managed to collect in his book the experience of many successful investors and generalize their knowledge.
In fact, this is a collection of interviews with great financiers about the most important points in trading and investing.
Trading based on intuition. Kurtis Face
There are simply a huge number of trading systems that are used for trading on the stock exchange.
Some of them are striking in their complexity and cumbersomeness, when opening trades requires taking into account the signals of several indicators.
But, despite this, you can also find analysts who claim that you can trade on the stock exchange using intuition.
That is, without using external trading systems, but only your own mind and forecasts based on hunches.
The author of the book proves that not a single mechanical system can compare in efficiency with the human brain, and this statement is also true for other technical analysis strategies .
Day trader. Blood, sweat and tears of success. Lewis Borsellino and Patricia Commins
At one time, our readers have already become acquainted with the book of this author, but it was a Textbook on Day Trading - http://time-forex.com/knigi/uchebnik-deytreyding
This book is more the story of a trader, which is closely related to the progress of the development of exchange trading .
Luis Borsellino talks about his career as a trader on the stock exchange, and the book also contains some facts from his life.
This is, so to speak, a trading textbook written on the basis of your own mistakes and successes, allowing you to get an idea of stock trading.
The author himself, before becoming a writer, made a good career and managed to earn more than one million dollars - http://time-forex.com/treyder/luis-borselino
The Basics of Successful Currency Speculation. V. Maksimov
The Forex currency market is the most popular among novice traders, this is not surprising; we deal with currencies every day, and we see securities only in movies.
Despite all this, it may not seem easy to buy a currency and then sell it for a profit, but even this simple type of trading has a lot of nuances.
Which is easiest to learn from a book than to gain experience from your own mistakes, especially if every mistake costs money.
Unfortunately, most books by Western authors are devoted to trading on the stock exchange; the foreign exchange market is not very popular there.
But recently, this gap in knowledge has been actively filled by domestic authors familiar with the Forex topic.
The book “Basics of Success in Currency Speculation” falls precisely into this category; in it you will find information about the market itself and the basics of trading on it.
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