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.
Currency dealing, or how to make money honestly and independently. Safonov V.S
Recently, the term "dealing center" has often been perceived in a negative light, although dealing itself simply denotes a type of commercial transaction.
Accordingly, currency dealing involves concluding currency transactions on the forex market, and these operations are currently the most popular trading option.
There are many books on forex trading, each addressing specific issues. Today, we'll look at a book for beginners.
"Currency Dealing, or How to Make Money Honestly and Independently," written by V.S. Safonov, is a guide for the beginning trader.
And although twenty years have passed since its publication, many aspects described here remain relevant.
Market Cycles: How to Identify and Use Patterns for Investing by Howard Marks
It's long been known that any market is cyclical, with periods of active growth and periods of price decline.
I'm also a strong proponent of a strategy based on price cycles, as this trading approach is the simplest and least risky.
There's nothing simpler than buying a chosen asset during certain periods and selling it during periods of decline.
Despite this trading strategy's simplicity, an entire book has been written about it, detailing all the important aspects.
"Market Cycles: How to Identify and Use Patterns for Investing" is a book by Howard Marks, manager of one of the largest investment funds.
Comprehensive Fibonacci Analysis by Viktor Pershikov
Technical analysis using Fibonacci methods has long been a classic in market research.
Applying these levels to the price of a stock is a fairly effective way to identify patterns in price behavior.
Although specialized indicators are now used to plot Fibonacci levels, automating the process, traders still have to draw their own conclusions.
A book written by Viktor Pershikov, an expert in using Fibonacci levels in stock trading, "Comprehensive Fibonacci Analysis," will help you develop your own trading strategy.
The author asserts that using Fibonacci tools alone is sufficient for profitable Forex trading.
Finance Not for Financiers: A Book for Investors, Traders, and More
You often hear that to trade Forex or the stock market, you don't need to be a financier or economist; analytical skills are enough.
While this is true to some extent, a future trader will never need fundamental knowledge of economics and finance.
Understanding the basics of financial analysis and capital management can make your investments more effective and profitable.
Today, you'll read a book on this topic. Unlike similar textbooks, it's designed for a general audience, hence its title: "Finance Not for Financiers."
As the author says, "It's written in layman's terms," meaning without excessive use of specialized terminology. The style is more easily understood.
Optimal strategies for making a profit in the Forex and stock markets.
A sound Forex strategy has always been the key to successful trading, but unfortunately, not every
trader is capable of developing a truly effective strategy. To do this, you need to understand what causes exchange rate movements and the principles by which the market operates.
The book, with the very long title "Optimal Profit Strategies in the Forex and Stock Markets," written by V. V. Zhizhilev, is intended to provide the reader with the necessary knowledge to develop their own strategies.
Despite the title, there are no ready-made strategies, but only a collection of general concepts about the functioning of the foreign exchange and stock markets. This isn't to say that all the material presented is pure theory; there are also some interesting articles.
Applying Technical Analysis to Forex by Cornelius Luca
Statistics show that technical analysis is more effective when applied to Forex than to the stock market.
This is because fundamental factors have a greater influence on the stock market, and stock prices are more often influenced by the underhanded dealings of large market makers.
Technical analysis allows you to track patterns in the behavior of currency pairs and then use them as signals when opening new trades.
It's worth noting that using technical analysis in practical trading requires a considerable amount of theoretical knowledge. This book will help you gain this knowledge.
This textbook can easily be called a scholarly work, given the extensive information it contains on the subject.
To see for yourself, read the summary of the book:
The Strongest Signal in Technical Analysis: Divergences and Trend Reversals. Alexander Elder
All trading on the stock exchange and forex market is based on tracking technical or fundamental analysis signals.
These signals allow you to open the most profitable trades and trade with maximum efficiency.
There are several core signals in technical analysis that have proven their usefulness over the years.
These are the topics discussed in Alexander Elder's book, "The Most Powerful Signal in Technical Analysis: Divergences and Trend Reversals."
The author needs no introduction: Alexander Elder is a recognized trading guru who has dedicated many years to trading on the stock exchange and written numerous books on the subject.
The title itself makes it clear what this book covers, but let's, as usual, review its summary:
Forex from the First Person. Vedikhin A., Petrov G., Shilov B.
Today, books on forex trading are written even by people who have never traded in this market.
It's quite rare to find a truly professional publication that provides accurate information.
A book written by three authors, "Forex in the First Person," stands out from the mass of literature currently available in stores.
of Alpari one of the largest brokerage companies , who share their knowledge of forex trading.
An interesting feature of the book is that it is designed for both trading novices and professionals.
Japanese Candlestick Charts: A Method for Analyzing Stocks and Futures by Gregory Morris
For many years, Japanese candlestick charting has been a leading method of analyzing stock and forex markets.
Numerous candlestick patterns exist that allow one to accurately predict a change in the prevailing trend or, conversely, confirm its strength.
The best way to understand how this method works is to read Gregory Morris's book, "Japanese Candlestick Charting: A Time-Tested Method for Analyzing Stocks and Futures."
In it, the author focuses on the most effective patterns and, most importantly, explains how these patterns can be used in practice.
Practical application is the primary goal of the book; in it, you'll find not only a description of strategies but also testing on specific stocks and futures .
The RSI indicator's time-tested effectiveness. S. Ivaschenko
Books on technical analysis in Forex mainly describe the general principles of this analysis. Meanwhile, the primary tool for technical analysis currently is specialized indicators.
It is the correct use of indicators that plays a huge role and allows you to increase the efficiency of the process.
These scripts help automate trend analysis and display its results on the chart of a currency pair or other asset available on the trading platform.
Thousands of such scripts have already been created, but a special group of them are those included in the MetaTrader trading platform.
One such script is the Relative Strength Index indicator.
The RSI indicator is a unique tool that analyzes the current market trend and determines its strength, that is, draws conclusions about the strength of the current trend.
Internet Trading: A Complete Guide by Peytel Elpesh and Peytel Prayen
Trading on a real exchange and online trading have much in common, but there are also some differences.
Books on forex and stock trading mostly focus on how trades are executed on the trading floor.
Moreover, the events described in these books took place decades, and sometimes hundreds, of years ago. Therefore, their value in today's world is rather questionable.
If you decide to trade stocks or currencies online, you should learn from more modern online trading textbooks.
The book "Internet Trading: A Complete Guide," written by the Patel brothers, will help you learn online trading, taking into account all the important nuances.
"Developing, Testing, and Optimizing Trading Systems for the Stock Trader" by Robert Pardo
No matter how perfect a trading system you create, it still needs to be thoroughly tested. Books on forex trading explain the key stages of this process.
Testing is now incredibly simple, as it's done using a computer, making it not only efficient but also fast.
The process of creating a trading system itself is quite complex and requires knowledge of numerous nuances, which can be learned from this textbook.
"Developing, Testing, and Optimizing Trading Systems for the Stock Trader," written by Robert Pardo, a renowned developer of trading software, covers these nuances perfectly.
It's worth noting that anyone familiar with stock trading can easily read it; a beginner might find it a bit challenging.
Is it easy to play the stock market? V. A. Taran
There are two common misconceptions about stock trading: the first believes that stock trading is incredibly difficult, while the second believes that nothing is easier.
In fact, you can learn to open trades in just one day, but some people struggle to make money even after years of experience.
Importantly, forex books are educational; the more complex the presentation, the longer it will take to master the art of trading. The
title of "Playing the Stock Market Made Easy" speaks volumes about the style of this textbook. The author strives to teach readers the basics of trading in an accessible manner.
This is a fairly good tutorial for beginners; here you'll find answers to virtually all questions that arise when learning about trading.
Exchange for blondes. Tatiana Lukashevich
The first thing you encounter when learning stock trading is the complexity with which the basic principles of trading are explained.
Some books explain simple concepts in such complex language that only the author can understand them.
At the same time, thanks to the growing popularity of stock trading, people with backgrounds far removed from finance and economics are now starting to engage in it.
Therefore, for such a beginner to grasp the basic principles of trading, the material needs to be presented as simply as possible.
The title alone of "Stock Market for Blondes" suggests that it is intended for people without a wealth of knowledge.
It can rightfully be called a textbook for those who want to master beige trading as quickly as possible, without delving too deeply into its intricacies or overloading their brain with unnecessary information.
Trader-Investor. Eric Naiman
Investing has always been my preferred approach, and I've always chosen this approach whenever possible.
Therefore, I've always been drawn to books on investing in Forex and the stock market. Eric Nayman's "Trader-Investor" explores the investment approach to stock trading.
The author, Eric Nayman, is also a trader and is known for writing several books on the subject.
This publication attempts to combine mathematics, economics, and psychology for trading, and you'll learn about the results in the book itself.
A brief overview of the main chapters and subsections:
1. Global Investment Markets – an overview of markets where you can currently make money. This section covers stock, commodity, currency, and fixed income markets, as well as their interrelationships.
The Predator's Ball: A Story by Drexell Burnham. Connie Brooke
When trading on the stock exchange for years, you often wonder why seemingly reliable forecasts don't come true.
Over time, you learn that stock prices aren't always predictable using fundamental or technical analysis.
In real life, there are hidden mechanisms that simply defy analysis because the information available to investors is fictitious.
A book about the investment firm Drexel Burnham will help you better understand the workings of the US stock market.
Based on interviews with Drexel Burnham employees conducted by Connie Bruck, "The Predator's Ball: A History of Drexel Burnham" will help you understand the essence of profiting from "junk bonds" and perhaps learn something useful.
