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.
Currency operations. Fundamentals of theory and practice. Suren Lieselotte
Any new business is doomed to failure if you don’t know the basics of what you want to do.
Trading on the Forex currency exchange is no exception, although many people think that the whole essence of this process lies only in opening transactions.
In fact, it is quite difficult to choose the right direction for a transaction if you have no idea what the formation of exchange rates is based on.
Therefore, the book Currency Operations. The basic theory and practice written by Suren Lazelot will be useful to anyone who has decided to seriously engage in exchange trading currencies.
The textbook contains a lot of basic information on the foreign exchange market, but it also contains a section dedicated to dealing.
The road to trading. John Piper. A book about futures and options trading.
For those who are just starting to trade on the stock exchange, it seems that the main thing here is to find a suitable strategy and learn how to open trades.
In fact, being a trader is much more than a job; everyone here has their own path that can lead to success.
If you want to understand the very essence of stock trading, you will definitely need the book written by John Piper, “The Road to Trading.”
Its author, John Piper, at the time of writing the book, had more than twenty years of experience on the stock exchange, and gave his preference to trading futures and options.
The road to trading will help you understand the deeper meaning of this process and at the same time learn some of the techniques used in real trading.
How to read financial information. Michael Brett
Trading on the stock exchange is much more complicated than it might seem at first glance, and in order for it to be effective, you need to have at least basic knowledge.
Basic knowledge also includes the ability to read financial information, which allows you to draw correct conclusions about the real value of a security.
Without this knowledge, you will only trade on news and will not be able to assess the real value of the company's shares.
The book “How to Read Financial Information” written by Michael Brett allows you to learn how to find, and most importantly, read the information necessary to assess the investment attractiveness of an asset.
In addition, this book reveals other, equally important issues for those who decide to trade on the stock exchange.
Investment Tales: Debunking the Myths of Win-Win Strategies. Aswath damodaran
There are hundreds of strategies for trading on the stock exchange, some are more popular, some are less popular.
A separate category are the so-called win-win strategies, which are considered the least risky and guarantee profit.
But in fact, not all win-win strategies live up to their name; a book written by one of the professional investors will help debunk most of the tales.
In it you will find a description of thirteen popular strategies and an explanation of the reasons why these strategies do not always give a guaranteed result.
It should be noted that the main topic of the book is the stock market, and it is investments in securities that the main attention is paid to.
Futures, common sense trading. Futures trading instructions
For some reason, it so happens that people who do not have money want to earn a lot and as quickly as possible, despite the risk.
At the same time, when you already have a substantial amount in your hands, greater preference is given to options with minimal risk, albeit with less profitability.
Futures are just one of those options; trading futures is easier than other exchange-traded assets, and at the same time much more profitable than investing in deposits or bonds.
The main thing is to grasp the essence of the trading process itself, to understand the dynamics of price movements for the most popular futures.
Basic course on the securities market. Lomtatidze O.V.
Over the past few years, trading in the securities market has become increasingly popular both among traders and ordinary investors.
At the same time, most people have rather limited knowledge about this type of trading; most people think that securities are only shares issued by companies.
But in addition to shares, transactions are concluded on the stock exchange for a number of other assets, which can also bring good profits to the investor.
Therefore, it will not be superfluous to know the theoretical basis for the formation of the value of securities and what has the greatest impact on their exchange rate.
The book “Basic course on the securities market” from the author O. V. Lomtatidze. One title characterizes its content in the best possible way.
The best books on technical analysis in the forex and stock markets
Every year more and more books appear about stock trading and its individual aspects, including books on technical analysis.
Therefore, it can be quite difficult for a beginner to choose the right one from the dozens presented, and some of the printed publications are completely misleading.
Therefore, I would like to save the novice trader from long searches and present a small selection of the best, in my opinion, textbooks for mastering technical market analysis.
I myself am not a supporter of complex methods and long calculations, so I will try to include textbooks in the selection that will be understandable to almost anyone.
What books on technical market analysis should I read first?
Intraday trading on the Forex market. Yu. Zhvakolyuk
The book is dedicated exclusively to trading on the Forex market, focusing on technical and
graphical analysis, description of tools that can speed up this process and make it more efficient.
The introductory part gives an idea of how online trading is carried out and describes the principles of making a profit on the foreign exchange exchange.
A brief overview of the main trading instruments and examples of transactions. In the main part you will get acquainted with the following sections of the book about Forex:
Workshop on the securities market. Mikhail Yanukyan
It's no secret that respectable investors choose to trade on the stock market, as this option has less risk.
At first, this path may seem more complicated than trading on the forex market, but if you have the necessary information, the task becomes easier.
As before, one of the best sources of useful information remains a book, in our case it is a book about trading on the stock exchange.
The workshop on the securities market, written by Mikhail Yanukyan, reveals the basics of this type of trading and introduces the technical aspects of opening transactions.
The book is written in the form of a textbook and is recommended for students of higher educational institutions.
Investments and hedging. V. Kapitonenko
Among most beginners, forex scalping strategies ; they allow you to make huge profits.
At the same time, professional investors prefer to earn a little, but stably and with the least risk.
hedging in their work , which allows them to reduce the risk of losses due to unfavorable changes in the exchange rate to a minimum.
It is not for nothing that these companies at one time received the name “Hedge Funds”; this happened precisely because of the strategy they used.
The book “Investments and Hedging” written by Velery Kapitonenko talks about how to successfully apply this method of reducing risks in stock trading.
Bitcoin is money for everyone. Tepper Adam
Cryptocurrency trading is currently very popular due to its high volatility and good predictability.
At the same time, the largest volumes of transactions are observed, of course, in Bitcoin; this cryptocurrency has simply a huge capitalization, and daily trading volumes sometimes exceed $60 billion.
The main components of successful Bitcoin trading are technical and fundamental analysis.
In order to successfully use both of these tools in your work, it is advisable to have a complete understanding of the asset itself.
A book written by Adam Tepper, “Bitcoin – Money for Everyone,” can help you get the information you need. The author is the founder of the Independent Reserve currency exchange service.
Traders are among us. Romanov V. (PDF)
Most of us start doing something because we saw a clear example of how interesting this business is or how much money it brings in.
It is also no less interesting to find out the opinions of colleagues who work in the same field as you.
The book “Traders Among Us” written by Vladimir Romanov is a collection of interviews talking about the work of a trader.
The main feature of this publication is that it was written from the words of our compatriots trading in Forex and other markets.
In addition, the book was published quite recently and describes the experience of our contemporaries, and sometimes even our peers.
It contains 25 interviews with various traders, people briefly talk about their biography, how they started trading on the stock exchange and what led them to this.
Psychology of the Forex market. Thomas Oberlechner
Whatever the supporters of technical and fundamental analysis say, the psychological component still has a decisive influence on exchange rates.
How the crowd will behave in the market, assessing this or that event, how strong the panic or excitement will be, all this is studied by psychology.
The book “Psychology of the Forex Market” is intended for a wide range of readers, but it cannot be called easy to read; it is more of a textbook than an entertaining read.
From the contents it will immediately become clear whether you want to read this book:
1. From rational people making decisions to market psychology - the basic principles that will help you understand what modern currency markets are.
2. Psychology of trading decisions - based on what conclusions traders usually make decisions about entering the market. What is the dynamics of social herdism? Basic types of behavior in trading.
Currency dealing, or how you can earn money honestly and independently. Safonov V. S.
Recently, the phrase dealing center is often perceived in a negative way, although dealing itself only denotes a type of commercial transaction.
Accordingly, currency dealing involves concluding transactions with currencies on the Forex market; these operations are now the most popular trading option.
There are quite a few books about Forex trading, each of which solves certain problems; today we will get acquainted with a book for beginners.
“Currency dealing, or how you can earn money honestly and independently,” written by V.S. Safonov, is a manual for a novice trader.
And although twenty years have passed since the publication of the publication, many aspects described here still remain relevant.
Market cycles. How to identify and use patterns for investing. Howard Marks
It has long been known that any market is cyclical; there are periods of active growth and periods of falling prices.
I myself am also an active supporter of a strategy based on price cyclicality, since this trading option is the simplest and least risky.
There is nothing easier than buying a selected asset during certain periods, and entering into sell transactions during periods of decline.
But despite the fact that this trading strategy is quite simple, a whole book has been written about it, which describes in detail all the important points.
“Market Cycles: How to Identify and Use Patterns to Invest” is a book written by Howard Marks, the manager of one of the largest investment funds.
Complex Fibonacci analysis. Victor Pershikov
Technical analysis using Fibonacci methods has long become a classic of market research.
Using levels in relation to the price of an exchange asset is a fairly effective way to identify patterns in price behavior.
Despite the fact that special indicators that automate the process are now used to plot Fibo levels, the trader still has to draw conclusions on his own.
The book, written by Viktor Pershikov, a specialist in the use of Fibo levels in stock trading, “Comprehensive Fibonacci Analysis”, will allow you to create your own trading strategy.
The author claims that using Fibonacci tools alone is quite enough for profitable Forex trading.