Wanting to earn money through foreign exchange doesn’t have to be expensive. You don’t have to spend over a hundred dollars on e-books and online newsletters from so-called experts who don’t even earn anything from the actual forex education they are teaching. What you can do though is browse through books, even at your local bookstore, for forex trading manuals that are written by people who have walked the walk rather than simply talking the talk. These books don’t even cost as much and you can learn so much more just by reading and applying the techniques.
Here are 6 books that all forex traders should carry along with them:
1. Market Wizards – Jack Schwager
This is a compilation of interviews about people who make a living through currency trading.
2. The New Market Wizards – Jack Schwager
A continuation of interviews derived from Schwager’s great interview techniques just like Market Wizards.
3. Trader Vic–Methods of a Wall Street Master – Victor Sperandeo
Known for his “2B” test technique, Sperandeo’s book is definitely one of my favorites.
4. The Zurich Axioms: Investment Secrets of the Swiss Bankers – Max Günter
This a definite hit in the foreign exchange library. It is easy to read and you’ll feel your adrenalin pumping at every page.
5. What I Learned Losing a Million Dollars – Jim Paul and Brendan Moynihan
This is an inspiring story of a person who lost a million and a half and tells his tale, with great insights, including even his contemplating suicide.
6. Technical Analysis – by Jack Schwager
I found this a great reference book about everything that has to do about technical analysis.
6 Essential Books All Forex Traders Should Read
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