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.
Day Trading: Secrets of Mastery by Van K. Tharp and Brian Jun.
This book, dedicated to short-term trading in financial markets, will allow the beginning trader to study
this topic from A to Z. The authors of this publication are well-known traders in the financial world, Van K. Tharp and Brian Jun.
"Day Trading: Secrets of Mastery"—the title best describes the book's content. According to its authors, day trading is the key to earning more and faster.
While the book focuses on stock trading, the principles and strategies presented are equally applicable to the forex market.
Edwin Lefevre "Reminiscences of a Stock Operator".
A classic of the genre, "Reminiscences of a Stock Operator" is considered one of the best books
on stock trading, and although it was written in the early twentieth century, its recommendations are still relevant today.
The book, a biography of the eminent trader Jesse Livermore, reads more like a fictional story than a boring trading textbook.
This textbook covers stock trading, with the primary trading instrument being shares of well-known companies and enterprises.
Metatrader 4 instructions.
To the surprise of many traders, the MetaTrader 4 manual is one of the most interesting and
useful books for learning trading.
The manual contains not just a description of the program, but a complete overview of its functions and recommendations for their use. All information is presented concisely, without unnecessary emotion or unnecessary commentary.
After reading this material, you will learn almost everything necessary for trading on the exchange—or, more precisely, all the technical trading skills. Of course, this won't allow you to become a Forex trading ace, but it will significantly increase your chances of success.
Fundamental Analysis of Financial Markets. A. Kiyanitsa
Although this book is titled "Fundamental Analysis of Financial Markets," it focuses more
on the analysis of the Forex currency market. However, there are sections devoted to trading securities, options, and other profit instruments.
A distinctive feature of the textbook is the large number of practical examples of various events and their impact on global currency exchange rates. This provides invaluable experience in making decisions in similar situations.
The theoretical section describes the impact of various economic indicators on national currency exchange rates and provides recommendations for choosing the direction of trades depending on the current situation.
Fundamental Analysis of World Currency Markets, V.N. Likhovidov
Many novice traders view fundamental analysis as nothing more than news trading,
subsequently becoming surprised by their own failures. To effectively leverage the influence of fundamental factors on exchange rates and other trading instruments, it's necessary to consider many related aspects, not just the news.
The book "Fundamental Analysis of World Financial Markets" aims to explain how to correctly manipulate the data obtained and formulate short- and long-term forecasts based on it.
The book includes a detailed description of the various factors influencing exchange rates; after studying them, all you need to do is monitor news releases based on these indicators.
Long-Term Secrets to Short-Term Trading by Larry Williams
This book was authored by one of the world's most renowned traders, Larry Williams,
scalping records are renowned . The author's invaluable experience makes Long-Term Secrets of Short-Term Trading an invaluable textbook for any trader.
Although the book was written over ten years ago, the aspects it presents remain highly relevant.
Long-Term Secrets of Short-Term Trading is recommended reading for both novice traders and experienced market professionals.
Encyclopedia of trading strategies. D. Kats, D. McCormick.
As its title suggests, the book "Encyclopedia of Trading Strategies" is designed for
traders in the forex and stock markets. Its authors adopted an approach that allows anyone to use a ready-made strategy or create their own trading system.
The textbook describes various market entry and exit options, including the most exotic ones.
Examples of using mechanical trading systems in trading are provided, along with practical tests of their effectiveness.
Mysteries and secrets of options trading. Mikhail Chekulaev.
Options trading is gaining momentum, its growing popularity due to its apparent
simplicity. Brokers' advertisements promise earnings without training; all you need to do is choose a trade direction.
But is it really that simple in practice? The book "Riddles and Secrets of Options Trading" by Mikhail Chekulaev, a renowned analyst and trader who has written numerous books on stock trading, will help you understand.
In addition to a comprehensive description of options trading, the book also offers a wide range of options trading strategies, making it a valuable asset for more than just beginner traders.
"School of a Successful Trader" Lecture Course.
A standard university textbook on stock trading, it focuses more on
stock market trading, but the key points are also applicable to Forex.
The School of Successful Traders covers not only the basic concepts but also provides a comprehensive understanding of technical and fundamental analysis, as well as the tools needed to implement them.
After reading this textbook, you'll know everything a beginning trader needs, and you'll find additional Forex strategies on our website.
"Stock Market Secrets" by L. Connors L. Rushka.
A fairly high-quality textbook on stock trading based on technical and
fundamental analysis.
It provides a compelling overview of various options for finding market entry points and choosing the right time to open trades.
The authors managed to pack as much useful material as possible into two hundred pages. There are virtually no abstract discussions of stock trading, but instead, there are plenty of examples and practical calculations.
Stanislav Bernukhov "Efficient Trader".
Another textbook for beginner traders, this one will help you learn the basics of forex trading.
Written in simple, accessible language, the book is easy to read and contains virtually no descriptions of technically complex trading methods.
If you're new to forex trading, this is the perfect choice. This textbook not only provides a general overview of forex trading but also covers the key principles of the most common strategies.
Furthermore, the included quizzes will help you choose your trading style.
Robert M. Gardiner "Investing Advice".
This book, about how to increase your capital, presents engaging insights into investing your own money,
assessing its attractiveness and profitability.
Furthermore, "Investing Tips" provides a wealth of additional information, particularly on how to develop an investment plan and set goals.
While the book is primarily aimed at American readers, most of the advice is universal and can be used by Russian investors as well. The key sections worth noting are:
• Where to start – or, in other words, how to learn to save money, creating your own investment program to acquire initial capital for major investments. • How a couple of dollars can turn into thousands in ten years.
Mikhail Chekulaev "Fractals".
Fractal theory has long been firmly established in forex trading. It has many supporters, and its number would
increase if this method of technical analysis were presented in a more understandable language for traders.
Mikhail Chekulaev's student, "Fractals," makes such an attempt. Despite its compact format, the book lays out all the basic principles of fractal formation and their use in trading.
After reading it, you will learn not only the general concepts but also learn how to use fractal combinations to distinguish the main trend direction from a correction in forex trading.
Designed for traders of any skill level, the textbook provides practical frameworks for developing new strategies based on fractals. The author assures that this method is more reliable than using technical analysis indicators , as it virtually eliminates false signals and relies solely on graphical analysis.
Options and futures A.N. Balabushkin.
Trading options and futures is becoming increasingly popular among traders; this is one of the most interesting types
of trading on the stock exchange.
Unfortunately, most beginners do not realize that behind the apparent simplicity lies many complex nuances.
This becomes the cause of losses; the task of the book “Options and Futures” written by A. N. Balabushkin is precisely to dispel such misconceptions. The textbook on trading on the stock exchange will introduce its readers to the following sections:
1. Forward and futures contracts - an introductory chapter devoted to the general characteristics of the trading instruments under consideration. From it you will learn what futures are, the most common types of such contracts, as well as how they are concluded.
Technical analysis - the new science, Thomas R. Demark.
Thomas DeMark's book is truly a standout among technical analysis textbooks.
However, I'd like to point out that this textbook is more suitable for those with a basic understanding of the subject.
Despite the complexity of the subject, "Technical Analysis: A New Science" is written in a very readable style, covering virtually all areas of technical analysis.
Furthermore, some attention is paid to practical trading issues, making the book an easy read despite some adaptations to the English translation.
Exchange Rate Theory. Fritz Machlup.
If you're tired of intrusive Forex recommendations , then this book is for you. This guide explains
the fundamentals of exchange rate movements, including why one currency appreciates while another depreciates.
It also covers what influences sharp trend movements, and which events have no effect at all. It also provides an overview of the most important factors. It also devotes considerable attention to the precious metals market and trading other financial instruments.
To understand whether "Exchange Rate Theory" is worth your attention, read the summary:
