My reasoning for this is I simply do not want to encourage people to blindly follow me into something when they do not understand the potential risk. It's ok for me because I can afford to lose money I put into the market. It may not be the case for you. I am generally a medium term investor holding my shares usually between 1 week and on occasions up to 3 years. Average holding time is probably about 3 months. I can relate to the experience of Jesse Livermore as it’s something many traders will go through. And the trading lessons you’ll learn are timeless and would make sense for most traders. Now, there can be different types of books out there, such as price action books, fundamental analysis books, and risk management books.

Day trading books - Books with a broader focus than just FX, which covers topics such as trader psychology, managing a portfolio and other essential skills.Here are the top trading books about technical analysis: 1. The Art and Science of Technical Analysis: Market Structure, Price Action, and Trading Strategies This book conveys insight into the ways and means of the Oracle of Omaha. Warren Buffett's thoughts are insightful and his methods may yield fruitful rewards for investors with enough patience to learn them, understand them and apply them correctly. 7. Intermarket Analysis: Profiting from Global Market Relationships

As I explain in my guide to how to trade forex, forex trading is the trading of currency pairs, with a view of generating a positive return from an increase in price of the currency you bought, and a relative decrease in price of the currency you sold.It shares the ups and downs of Martin Schwartz, who started off as a fundamental analyst but couldn’t find success with that approach. But you should know the trading systems are all based on the same concept (Momentum and Trend Following) and it’d be great if it explored different types of trading methods as well. This is for traders learning how to trade and have little to no knowledge of trading. The Art & Science of Technical Analysis: Market Structure, Price Action & Trading Strategies Systems Trading is a great way to trade the markets because the rules are fixed and there’s no second guessing yourself.

In this book, Douglas explains the causes why the vast majority of traders cannot maintain consistently profitable trading methods and suggests different techniques to develop a disciplined trading routine. Much like another famous trading book, The Intelligent Investor, the Disciplined Trader provides unique investment strategies and the basic principles to trade successfully.This trading book is popular because Schwartz’s candid account details both his killer instincts, and his mistakes. He does not shy away from the human aspects of his story, including the significant losses and problems he faced at the start of his journey. Firstly, you’ll hear why the author prefers day trading and why the grains futures market specifically. Then you’ll get clear strategies, built on timeless trading concepts, that don’t rely on highly technical and complex indicators. You can also apply the philosophies and strategies found here to any number of intraday markets. This is an investment classic that will give the individual investor hope of beating the big players. Peter Lynch explains how Wall Street may not be able to find the best investing opportunities from the start and shows step-by-step how the individual investor can find the next winner. 11. The Little Book That Still Beats the Market A must read for any serious investor. This book is filled with wisdom from start to finish – for both novice and advanced traders. One will also find that much of this wisdom applies to any career.” BONUS: Additional Trading Books We Recommend Day Trading and Swing Trading the Currency Market: Technical and Fundamental Strategies to Profit from Market Moves" by Kathy Lien