Best forex trading psychology books.
If you want to trade the foreign exchange market, the best forex trading book that you can get is by Avi Frister. The book is an excellent introduction to the markets and will help you learn the basics. If you already have experience and are trading for a living, this book will serve as a great reference and will help you refine your trading skills. If you just want to learn about the markets and see what it's like day trading, this is a great choice.
As with any book, you should look at the author. Some authors are very knowledgeable and have done research on the subject matter. Others might have some big ideas but do not have the appropriate background. If you find someone who has a lot of background and extensive knowledge of the market, you might get a better deal.
There are many more books out there. Some are geared more towards the beginner. These can be good books to read before you even decide to get involved in forex trading. On the other hand, there are more books that are written by experts in the field that are much more useful for the more experienced trader.
One of the best forex trading psychology books out there is by Phil Collins. Although he was once known as one of the world's worst stock traders, he is now considered one of the best and has written several books about his experiences. Because he had so many losses in the markets, he developed a series of tactics for finding profitable trading situations and ended up with a lifetime income generating nothing but profits.
Another great book is "Forex Trading Made E Z." This book is written by David Funk. He has been a successful forex trader for a long time and has a lot of practical experience with money management. He is also a psychologist and uses this psychology in his trading books. His book is highly regarded in the forex trading field and is highly recommended.
Patrick O'Brien is another well-known forex trader, who has written a number of valuable books on the subject. His "Trading in the Zone" provides an excellent introduction to the forex market for the novice trader. His "The Forex Brotherhood" is probably the best introduction to forex trading there is and this has helped thousands make some nice incomes. His book, "The Best Forex Trading Psychology Book" is probably my personal favorite and every trader who has bought it has raved about it.
The three mentioned above all have something in common. They all were written by traders who had actually been there and experienced losing streaks and made the necessary changes to succeed. If you have no idea what a winning streak is or how to identify one then you definitely need these books. One of the best forex trading psychology books is "The Day Trading Club". This book has helped me learn a lot more about winning and losing and made the whole process a lot easier to follow.
There are other forex trading books that may be of interest to you. These include "Trading in the Buff" by Jason Steele, "Forex Brotherhood" by Patrick O'Brien, and "Fibonacci Forex Strategy" by Roger Cordero. All these books are useful and should only be bought if you already know what you are doing in terms of forex trading. However, if you are completely new to forex trading, I would highly recommend that you read one of the above mentioned books first before you go ahead and invest any of your capital in any software programs.