forex-trading-book-for-beginners

Why not use this introductory paragraph as just a bit of disclaimer to the readers. This is by no means an inclusive list of best forex trading book for beginners. It is quite difficult to say that which one is best because every trader is going to take different things from each piece or work. Also, it is not necessary that everything will be necessary and relevant to the trading style of the reader of this post.


It is true that in this fast age of technology where everything is available online, finding forex trading book for beginners won’t be an issue. But if you feel that you also love the smell of paper book like me then this post will surely be fascinating for you. In this post, the readers will be able to go through different trading books which are already studied by the professional traders and have gained tremendous appreciation.


Let us start with the list of the books

  • “The 10 Essentials of Forex Trading: The Rules for Turning Trading Platforms Into Profit” – Jared F. Martinez
    Level of skill- For beginners
    This book mainly touched on different aspects of forex trader like understanding the market, forecasting, charting methods, risk management, and insights from professional traders.
  • "Enhancing Trader Performance: Proven Strategies From the Cutting Edge of Trading Psychology"- Brett Steenbarger
    Level of skill - For beginners
    It is evident that psychology is one of the most crucial things to win in forex trading. The author of this book Dr. Steenbarger discoursed different psychological points and had also corrected some misconceptions through this book.
  • “The Sensible Guide to Forex: Safer, Smarter Ways to Survive and Prosper from the Start" - Cliff Wachtel
    Level of skill- For beginners
    This book is mainly written keeping in mind the risk-averse trader, and it is quite different from the other book in this same category. The author also did not rely on high-leverage or high-risk to make good money.
  • "Market Wizards" - Jack Schwager
    Level of skill- For beginners
    This is considered as one of the best helpful forex trading books for beginners as this book has the collection of interview of many successful traders across the world. This is a fascinating piece of work as the book itself gives us a glimpse into the personalities and different approaches of many successful traders.
  • "Trading in the Zone" - Mark Douglas
    Level of skill – For moderate traders
    It is true that psychology and mind both are the biggest hurdles to overcome in successful trading. This book aims to demystify numerous myths and eliminate randomness as being a factor of success.
  • “Trading With Intermarket Analysis, Enhanced Edition: A Visual Approach to Beating the Financial Markets Using Exchange-Traded Funds" - John J. Murphy
    Level of skill- For advanced traders
    Fundamental analyses are considered as the most critical component of long-term trading and it also offer an insight into quick movements. This book mainly aims at the financial players in different markets.


Final Note


Remember that there are many books available on the market but every bit of knowledge is not always relevant and necessary. Hope these beginner forex trading books will help the traders to gain useful information and to be a successful trader.
If you have any suggestions or queries, then please let us know below in the comments.

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