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.
Beat Wall Street. Book by Peter Lynch.
There are a lot of books written by unsuccessful traders or even trading theorists, and you can also
glean useful information from them, but books whose authors are truly pros bring truly invaluable experience.
Outplay Wall Street was written by the manager of one of the largest hedge funds, thanks to whom the fund's capital grew more than 700 times from $18 million to $14 billion.
It is clear that a person who has achieved such results has something to share with his readers; the book talks about trading on the stock market, but the main recommendations given in it can also be used on the Forex currency market.
The following sections can be roughly distinguished:
E. Naiman. The path to financial freedom. A professional approach to trading and investing.
A universal textbook on trading and investing will allow you not only to learn the basics of trading on the stock exchange, learn the basics of
technical and fundamental analysis, but also learn how to plan your investments.
The book also contains a workshop on stock trading, through which you will become familiar with the most common trading strategies.
The main goal of the book is to teach investors how to treat the stock exchange as a business, and not as a game of chance.
The main sections were: 1. Sources of wealth - we are talking about the general concepts of capital and its correct use to make a profit.
Stock magicians. Interviews with top traders.
The easiest way to get an idea of what stock trading is is to get acquainted with success stories on the stock exchange.
It is the examples of the work of successful traders that can become a visual aid on how to turn your dream into reality.
The book "Stock Magicians" contains a lot of amazing stories about people who managed to turn thousands into millions, and millions into billions of dollars.
And the most important thing is that most of these stories were received first-hand, so to speak, which makes them even more valuable.
Even people unfamiliar with trading will enjoy reading the book; professionals will find a lot of useful information in it.
"Technical analysis. Course for beginners"
It is not so easy to get an idea of technical analysis from individual articles on websites or posts on forums; for
basic knowledge, a specialized textbook is best suited.
In the book “Technical Analysis.
A course for beginners” created by analysts of the Reuters information service contains the basic concepts of the discipline of the same name. Step by step you will learn why technical analysis is needed and what are the options for carrying it out, master the basic methods and techniques.
You will also get acquainted with auxiliary software that can be used in the trader’s terminal. The book is structured as follows.
How to play and win on the stock exchange - A. Elder.
The author of the book, A. Elder, is a universally recognized genius of technical analysis, but according to the trader himself, the analyst himself,
successful stock trading is based not only on technical analysis.
Good results can only be achieved based on such components as psychology, risk control and technical analysis.
Therefore, the book is a detailed guide to stock trading, which will help a novice trader understand the essence of the market and learn how to make money on it.
To familiarize yourself with the content, a brief overview of the sections of the book:
1. Psychology - the first two chapters are devoted to this topic, both individual psychology is considered and an assessment is made of the influence of crowd behavior on changes in stock market supply and demand.
Trading on global currency markets (Cornelius Luca).
One of the few books dedicated exclusively to currency trading, it will allow the reader to learn a lot of interesting things about trading on the Forex currency
market.
It examines a fairly wide range of issues, ranging from market formation itself to a description of participants in transactions and factors causing changes in exchange rates.
In fact, you get a complete course on speculative currency trading, the main components of which will be:
1. The first five chapters are completely devoted to the history of the Forex market and a description of the European Monetary Union, and also give an idea of which currencies are mainly traded on Forex.
ABC of currency dealing (Suvorov V.G.).
The book is an excellent guide for those who decide to engage in speculative trading in financial markets, that is, given the universality of the
information provided, it teaches how to trade in the foreign exchange, futures and stock markets.
However, it should be noted that the main focus is still on trading on the Forex exchange, while the main objective of the book is to show that trading is a serious business that requires a lot of knowledge and practical experience.
In total, the book consists of nine main sections:
Forex. From simple to complex. (Morozov and Fatkhullin).
The book fully lives up to its title; in fact, it is a classic textbook on trading on the Forex currency market, and
is perfect for a novice trader.
The textbook introduces the reader to the general concepts of the formation of exchange rates, gradually moving on to an explanation of the terms that are used in working on Forex.
Quite a lot of space is devoted to technical and fundamental analysis, and the description of these two methods of market research is given in the most understandable form.
The main sections of the book are:
Playing for money (Adam Smith).
If you expect to learn something from this book about Technical Analysis or study other technical aspects of trading, then it is better to immediately
proceed to reading the next textbook.
The game for money written by Adam Smith is not a textbook; the book contains stories from stock exchange practice that give a general idea of the very essence of the stock exchange.
The book will allow you to learn some interesting features of working on the stock exchange, get to know its participants, and study their characters and habits.
Reading it can be called a pleasant pastime, not a study; from the first pages, the author completely absorbs the reader’s attention with a unique style of presenting information.
Technical analysis, complete course (Jack D. Schwager).
It would seem difficult to add something to the treasury of technical analysis, so many books and articles have been written on this topic, but each
author uses his own approach to studying the market and sometimes even after you think that you know everything, another textbook opens for you new moments.
Technical analysis from Jack Schwager, despite the fact that the book also discusses fundamental issues, is more suitable for traders who already have some experience in trading on the stock exchange; the entire book is based on practical examples and is written in accessible language.
The first part of the textbook is devoted to the purely technical side of the issue, it describes the theory of Technical Analysis - the types of charts on which it is carried out, options for trends and trading ranges, support and resistance lines , as well as the construction of channels using them. There is also a description of graphical and candlestick analysis.
Small Encyclopedia of Trader.
Another book that will allow you to get a more complete understanding of working on the stock exchange, despite the fact that the textbook is called “Small
Encyclopedia of the Trader”; its two main parts are devoted to Technical and Fundamental analysis.
The book does not contain a description of general trading issues or recommendations for practical trading, only the theory of market analysis.
The knowledge gained after reading the book can be applied both in the foreign exchange and stock markets.
1. Fundamental analysis - a general idea of conducting fundamental analysis in financial markets. Fundamental factors , their impact on the market and lifetime. The relationship between factors and exchange rates.
Trading chaos.
The inexorable statistics of the exchange say - More than 90 percent of traders constantly suffer losses, if you do not want to become one of the participants in this statistics, this book is for you.
The book “Trading Chaos”, authored by a fairly well-known trader and analyst Bill Williams, will allow you to learn how to get a stable profit in any of the financial or commodity markets.
The basis for the formation of strategies is “House Theory”; it is its application that allows us to form a completely new view of market trading.
The special value of the book is that its author is not just a theorist unfamiliar with trading, but a real king of futures trading; Bill Williams’ personal record is an increase in his trading account by more than 500% in just 6 days.
Stock speculator universities.
A lot of books have been written about trading, but for the most part, the style used is a scientific style of presentation, which is quite boring and sometimes not entirely understandable to the average reader.
The universities of stock speculator Victor Niederhoffer allow you to study stock trading in a relaxed manner; the book allows you to understand what trading is even for a person far from financial activity.
The bulk of the materials describe the biography and personal experience of the author, so the book reads like a work of fiction, and not a boring university textbook.
1. Lessons from Brighton Beach - a little biography and recommendations for the formation of personal character traits.
2. Panic and “hoodoo” - analysis of the frequency of panics that occur on stock exchanges, buying after the price reaches the bottom.
Intraday trading, secrets of mastery. Van K. Tharp, Brian June.
A book dedicated to short-term trading in financial markets will allow a novice trader to study
this topic from A to Z. The authors of the publication are quite well-known traders in the financial world, Van K. Tharp, Brian June.
Intraday trading, secrets of mastery - this title best characterizes the content of the book; according to its authors, it is intraday trading that allows you to earn more and faster.
More attention is paid to trading on the stock exchange, but the principles and strategies presented are perfectly applicable to the Forex market.
Edwin Lefebvre, Memoirs of a Stock Speculator.
So to speak, a classic of the genre, “Memoirs of a Stock Speculator” is considered one of the best books
on stock trading and although it was written at the beginning of the twentieth century, the recommendations contained in it are still relevant.
The book is a description of the biography of the outstanding trader Jesse Livermore, and is more reminiscent of a fictional story than a boring textbook on trading.
This textbook talks about trading on the stock exchange, the main trading tool being shares of well-known companies and enterprises.
Metatrader 4 instructions.
To the surprise of many traders, the instructions for metatrader 4 are one of the most interesting and
useful books when studying trading.
The instructions contain not just a description of the program, but a complete overview of its functions and recommendations for their use.
All information is presented in a concise form without unnecessary emotions and unnecessary comments. After reading this material, you will learn almost everything you need to work on the stock exchange, to be more precise, all the technical skills of trading. Of course, this will not allow you to become an ace in Forex trading, but it will significantly increase your chances of success.