Reminiscences of a Stock Operator has a cult status among the books that deal with the topic of trading. It is often cited as an absolute favourite for many traders, regardless of the market they specialize in and even though it was first published in 1923, the experiences, insights and comments are still relevant even today. It is clearly a timeless work and also very entertaining. Generations of traders have drawn their inspiration from this book and once you start reading it, you will understand why.
If you are just starting out on Forex market and you are in need of a high quality step-by-step guide, The Sensible Guide to Forex is an excellent way to start. This is a very enjoyable and insightful read that will offer you some never seen before advice and trading methods to get you on a path of success right away and teach you how to stay there.
You probably already know that trading in Forex market can be unpredictable and sometimes you win and sometimes you lose. But what if there was a way for you to make a profit in both good and bad market conditions? Is it solely about the technique or about being psychologically strong enough to take on the market and end up as a winner?
It is hard to choose an ideal brokerage firm when you have so many options to choose from. New brokers are appearing every day and every single one of them is trying to get your attention with various bonuses and benefits you will receive if you decide to continue trading by becoming their member. Some of these firms are legit while the others are not and it is very important to cover all the bases when searching for the broker that fits your needs and works with your trading style of choice. Always check their licences and if an offer sounds a bit too perfect and ideal, double check that as well. The chances are you have stumbled upon a scam brokerage firm and you surely do not want to be involved in a fraud. Keyoption review One of the unreliable binary options brokers. We do not recommend you to sign up with Keyoption!
The term ‘scalping’ surely sounds intimidating to a large number of Forex traders. They think this method of trading is reserved for professional Forex traders only and that it is hard to learn how to use it properly to their advantage. Novice traders are often advised to stay away from it. Surely, 1 minute Forex scalping might seem difficult to some. Yes, it is a bit different than long and short positions since it requires your full attention and plenty of focus but overall, you are still doing the same thing – you are trading in the Forex market. With that said, if you are too busy and short on your free time, scalping is not for you. But if you are determined and focused, it can be a powerful trading method. Of course, you need to learn how to use it the right way. Scalping will give you an advantage if done correctly and 1 minute Forex scalping strategy might be what you were looking for. So let’s dive in and see what it’s all about. What exactly is scalping? When we take a broader look, scalping is not much unlike the day trading. In both methods, a trader…
Trading in the Zone by Mark Douglas is one of the most famous books on currency trading out there. It has taken Douglas five years to write it and the quality is evident. The focus of this book is not on teaching you about the basics of Forex trading or giving you the best possible trading methods but on psychology and the way the trader’s brain work while they are occupied with the currency trading.
Have you ever wonder how the professional and successful Forex traders reached the top and stayed there? Jarratt Davis is one of them and he shares plenty of advice in his book How to Trade a Currency Fund. He is an accomplished Forex trader who decided to shift his focus to helping you reach your goals.
I bet that you are familiar with For Dummies series of books and the chances are you have already read at least one from their vast collection. With that said, Currency Trading for Dummies is another great book that covers the topic of currency trading in a meticulous manner. It is clear that the author has plenty of trading experience and truly knows every nook and cranny of the business.