In this post, I’m going to break down the top four, Forex trading books that you absolutely must-read. Plus, I’m going to show you my number one, Forex trading book that I bet you you’ve never, ever heard of. We’re going to break it down from number four all the way down to number one. And if you do read these books, the chances of you becoming a successful Forex trader increases dramatically. And if you don’t read these books, then the chances of you failing increases dramatically.

Number four: my fourth favourite Forex trading book is actually a book called market wizards, and it’s not specific to Forex specifically, but about trading in general. And it’s actually written by this guy named Jack Schwager, who basically did the think and grow rich approach where he went out. He interviewed some of the top, most successful traders in the world.

And he gathered all the bits and pieces that he learned from all these different traders.

And it’s almost set up like an interview series where he’s interviewed all of these best traders. So that way you can simply pick the ideas and pick the minds of the best Forex traders and the best stock traders and the best future traders of all times. And you can just take and combine all their stuff and use it for yourself. So that’s number five, that’s market wizards.

Number three: Number three is a book called trading in the zone.

Maybe you’ve heard of it. It’s by a gentleman named Mark Douglas. And this book was a huge aha moment for me. It taught me a lot about when I was first getting started about trading psychology, as well as what he talks a lot about, instead of needing to know what’s actually gonna happen in the future in the market. He says you don’t actually need to know because the market is completely random.

And the best part about this that I learned is how to actually trade like a casino or how to trade like a robot and how to think in terms of probabilities and how to completely let go of my emotions when trading. So that’s number four, that’s trading in the zone by Mark Douglas,

Number two: I love this little book it’s called the candlestick trading Bible. It’s by this Japanese guy, I believe. Well, the book is written about this Japanese guy named Munehisa Homma, who was supposedly the most successful trader of all time.

And supposedly he made like $10 billion in what would be today’s money. And he’s known as the godfather of candlesticks. If you’re not that far in your Forex journey where you haven’t mastered Japanese candlesticks, it’s a huge advantage. Understanding Japanese candlesticks obviously. And they break this down in the book really, really simply the reason I love this book, it’s short, it’s very easy to read and they break down with the most important things, which is Japanese candlesticks.

They break down all these different patterns, how you should trade them and they give you a couple of really awesome strategies at the end of the book that you can incorporate. So that’s number three, that’s the candlestick trading Bible.

Number one: is a book I totally love. It’s called naked Forex.

It’s by this Australian gentleman named Walter Peters. I believe he’s a PhD and this book is different because he basically throws it in the trash. Everything else that you know, most retail traders are taught about using technical indicators. And he says that indicators don’t give you any indication of what’s actually going to happen in the future with a price. They’re all lagging.

They’re just like a wristwatch that telling you what’s actually happening with time. An indicator is just telling you what’s happening with a price. But in the past, instead of using indicators, he talks about using something called price action trading, where he basically teaches you how to actually read a chart and how to read what’s actually happening in the market. Like what formations are being formed. And what’s likely to happen based on the formations, which are based on the psychology of the overall market, which is really, really interesting.

So I love this book. It’s easy to read. It’s simple. It’s called naked Forex by Walter Peters.