Forex books.
This section contains books and textbooks on forex and stock market trading. Each book is available for free download directly from the website server. All materials are distributed completely free of charge and are intended for personal use only.
These Forex books were obtained from open sources online. Thanks to them, you can master forex trading independently, without outside help.
Quants: How Math Wizards Made Billions and Nearly Crashed the Stock Market — Scott Patterson
A book about how a whole layer of "smart money" emerged on Wall Street—quant funds whose models set the pace of the market for years, and in times of stress revealed the vulnerabilities of the entire system.
This is not a textbook of formulas, but a report with names and details: from the rise of AQR, Citadel, Renaissance to a chronicle of the events of August 2007, when everything went wrong.
The author assembles a picture from dozens of interviews and internal episodes, showing where the “magic” of models ends and the reality of risk management .
Patterson writes in simple language, but sticks to the facts: how assets under management accumulated, why "common signals" and identical assumptions in risk models lead to the simultaneous actions of thousands of participants, and how the belief in "statistically impossible" crashes ended.
Investments and trading, an individual approach to investment. Seimon Wein
Simon Wein’s book “Investments and Trading” is not just a financial textbook, but an intellectual guide for those who seek to deeply understand the mechanics of financial markets and the essence of investment decisions.
The author is a Russian financier and top manager of an international level who has experience in Western investment banks and in other financial structures.
This gives the book a special practical value and depth.
Vine considers the market not as a set of technical signals and tools, but as a living organism controlled by human behavior, emotions and irrational reactions.
He consistently debunks popular myths, focusing on the behavioral economy, the limited rational thinking and the key role of intuition and experience in the investment process.
A book dedicated to the Bollinger strategy
The strategy using Bollinger Bands has long been a classic of technical analysis and is widely used in various markets.
Its description can often be found on Internet sites, but no one can describe this trading option better than the author himself.
Therefore, if you decide to use Bollinger Bands in your trading, the best source of knowledge on this strategy will be the book "Bollinger on Bollinger Bands.".
The author of the book is not only a writer, but also the owner of Bollinger Capital Management Inc, the largest investment fund for investment management.
Currency operations. Fundamentals of theory and practice. Suren Lieselotte
Any new business is doomed to failure if you don't know the basic principles of what you want to do.
Trading on the Forex currency exchange is no exception, although many people think that the whole point of this process is only opening transactions.
In fact, it is quite difficult to choose the right direction of a transaction if you do not understand what the formation of exchange rates is based on.
Therefore, the book "Foreign Exchange Transactions: Fundamentals of Theory and Practice" by Suren Lazelot will be useful to anyone who has decided to seriously engage in currency trading.
The textbook contains a lot of basic information on the foreign exchange market, but it also has 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
Stock market trading is much more complex than it may seem at first glance, and to be effective, you need to have at least basic knowledge.
Basic knowledge also includes the ability to read financial information, which allows one to draw correct conclusions about the real value of a security.
Without this knowledge, you will only trade on the news and will not be able to assess the real value of a company's shares.
Michael Brett's book, "How to Read Financial Information," teaches you how to find and, most importantly, read the information you need to evaluate an asset's investment appeal.
In addition, this book also covers other equally important issues for those who have decided 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 just so happens that people who don't 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 of money in your hands, greater preference is given to options with minimal risk, even if they have less profitability.
Futures are one such option; trading futures is simpler than other exchange-traded assets, yet much more profitable than investing in deposits or bonds.
The main thing is to grasp the essence of the trading process itself and 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 among both traders and ordinary investors.
However, most people have 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 that can also bring good profits to the investor.
Therefore, it would be useful to know the theoretical foundations of the formation of the value of securities and what has the greatest influence on their price.
The book "Basic Course on the Securities Market" by O. V. Lomtatidze is best described in its title.
The best books on technical analysis for Forex and the stock market
Every year, more and more books are published on stock trading and its specific aspects, including books on technical analysis.
Therefore, it can be quite difficult for a beginner to choose the right one from the dozens available, and some printed publications are downright misleading.
Therefore, I would like to spare the beginning trader the time-consuming search and present a small selection of what I consider to be the best textbooks for mastering technical market analysis.
I am not a fan of complex methods and lengthy calculations, so I will try to include textbooks in this selection that are understandable to almost anyone.
Which books on technical market analysis should you read first?
Intraday Forex Trading by Yury Zhvakolyuk
This book is dedicated exclusively to forex trading, focusing on technical and
graphical analysis and describing tools that can speed up and make the process more efficient.
The introductory section provides an overview of online trading and describes the principles of profit-making on the currency exchange. It also provides a brief overview of the main trading instruments and examples of trades.
The main section covers the following sections of the book on forex:
A Workshop on the Securities Market by Mikhail Yanukyan
It's no secret that reputable investors choose to trade on the stock market because this option carries less risk.
At first, this path may seem more difficult than trading on the forex market, but with the right information, the task becomes easier.
As before, one of the best sources of useful information remains a book, in our case a book about stock market trading.
A practical guide to the securities market, written by Mikhail Yanukyan, reveals the basics of this type of trading and introduces the technical aspects of opening trades.
The book is written in the form of a textbook and is recommended for students of higher educational institutions.
Investments and hedging. V. Kapitonenko
Forex scalping strategies are a popular choice among most beginners , as they can help you make huge profits.
At the same time, professional investors prefer to earn a little, but stably and with minimal risk.
Therefore, most large investment companies use hedging , 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 were once called “Hedge Funds”; this happened precisely because of the strategy they used.
The book "Investments and Hedging" by Veleriy Kapitonenko explains how to successfully apply this risk reduction method in stock trading.
Bitcoin is money for everyone. Adam Tepper
Cryptocurrency trading is currently extremely popular due to its high volatility and predictability.
Bitcoin, of course, has the highest trading volumes; this cryptocurrency has a huge market capitalization, with daily trading volumes sometimes exceeding $60 billion.
The key components of successful Bitcoin trading are technical and fundamental analysis.
To successfully utilize both of these tools, it's important to have a thorough understanding of the asset itself.
Adam Tepper's book "Bitcoin: Money for Everyone" can help you gain the necessary information. The author is the founder of the currency exchange service Independent Reserve.
Traders Among Us. Romanov V. (PDF)
Most of us start doing something because we see a clear example of how interesting this business is or how much money it brings in.
It's equally interesting to learn the opinions of colleagues working in the same field as you.
The book "Traders Among Us" by Vladimir Romanov is a collection of interviews about the work of a trader.
The key feature of this publication is that it is based on the experiences of our compatriots who trade Forex and other markets.
Furthermore, the book was published quite recently and describes the experiences of our contemporaries, and sometimes even our peers.
It contains 25 interviews with various traders, in which they briefly share their biographies, how they began trading on the exchange, and what led them to this endeavor.
Forex Market Psychology by Thomas Oberlechner
Despite what proponents of technical and fundamental analysis say, psychological factors still have a decisive influence on exchange rates.
How the market crowd will react when assessing a particular event, and how intense the panic or excitement will be—all of this is studied by psychology.
The book "Forex Market Psychology" is intended for a general audience, but it's not exactly easy reading; it's more of a textbook than a fun read.
The content will immediately determine whether you'll want to read it:
1. From rational decision makers to market psychology—the basic principles that will help you understand the modern currency markets.
2. The psychology of trading decisions—the reasoning that traders typically use to make market entry decisions. What are the dynamics of social herd behavior? The main types of trading behavior.
