Recommended books

If you are looking to trade Forex or any financial instrument you will need to have the following books in my opinion – It is said that Forex is 98% psychological and 2% mechanical, so having the following books will greatly improve your trading and mindset.

If you havent read any of these book, then i would highly suggest that you start filling your head with the knowledge and minset that these authors provide.

It will be the best investment you can make, i have all of these authors books in hardback and in digital format, i have been to some of these seminars and bought many of these seminars in DVD format and i highly encourage you to do the same.

You could buy all these books from Amazon 2nd hand for less than $150

 

Rich Dad Poor Dad Series By Robert Kiyosaki

 Robert Kiyosaki  

07 Jan 2013

The rich dad poor dad series is an excellent resource in my opinion, not just to making money in finance but by understanding the correlation to what the rich invest in and how the rich use money and leverage this book changed my life and ultimately lead me to finding trading and other courses which have furthered my study of the market. [...]


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Ed Ponsi Forex

Ed ponsi  

19 March 2011

Ed ponsis book on forex is one of the best intro books to forex trading - If you are looking to trade forex then ed ponsis book should definitely be part of your library and worth getting your hands on [...]



 

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Steve Nison - Candlestick charting

Steve Nison  

19 March 2011

Steve Nison the father of Japanese candlesticks and who introduced them to the west is an excellent read for any person looking to get into candlestick trading. This is one of the best books out there on candlesticks you will find forex charts will just jump out at you and let you know with a high degree of accuracy where the market is likely to go [...]

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Tony Robbins - Wealth Mastery

Tony Robbins  

19 March 2011

Tony Robbins books are excellent from a financial aspect in getting the right psychology in order to succeed in business as well as generally dealing with life's obstacle's, i would highly recommend any reader to get one of tonys books and if possible attend his financial freedom seminars - they are excellent [...]

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Tony Robbins Wealth Mastery

John Murphy - Technical Analysis



 John Murphy  

19 March 2011

If you are going to trade the FX market you are going to need to understand how to read technical analysis, i have bought all of johns materials and the books will help you make sense of the markets, combined with Steve nisons material you will increase the ods of trading the FX market right from the start [...]





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Napoleon Hill - Think and Grow Rich

Napolean Hill  

19 March 2011

You cannot make money in FX until you know how to think and grow rich, Forex is about thinking and knowing what to do in the markets on a daily basis, unless you have the mindset of a millionaire, then i would highly encourage you to stay away from the forex market as in order to succeed you need to have the right mindset, this is one of the first books i bought that led me to books like robert kiyosaki, Tony Robbins[...]


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Jesse Livermore - Trading books on Jesse Livermore

Jesse Livermore  

19 March 2011

Jesse livermore was an amazing trader who made millions in the great depression shorting stocks, he was personally asked by JP morgan to stop shorting the market, Livermores insights are uncanny and still apply to this day, this man had discipline like no other and was an amazing stock trader. [...]





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Alexander Elder - Trading in general

 Alexander Elder  

19 March 2011

Dr Alexander elders books are awesome, having escaped from Soviet Russia he made his was to the states where he began trading, i have seen his seminars and Dr Elder offers some amazing insights into the heart and mind of traders, i would highly recommend Dr elders books and seminars to anyone looking to trade the markets, though his style applies to trading equities it is equally applicable to trading the forex market? [...]



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  • Trading Forex (foreign exchange) on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.


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