Forex Books - page 35

 

There are so many books to choose from. I don't know anymore which one should be on top of my reading list. Thanks for sharing anyway.

 

Thomas L. Busby, Patsy Busby Dow, "Winning the Day Trading Game: Lessons and Techniques from a Lifetime of Trading" : the book

Take a proven approach to short-term trading.

Winning the Day Trading Game offers an insider's view of the trading life and provides proven strategies for profitable trading. Professional trader Tom Busby explains how the strategies that made him so much money early on in his career ultimately failed during the 1987 stock market crash and then reveals how he reinvented himself as a high-percentage day trader. He interweaves personal experiences with technical explanations to outline the cornerstones of his technique. In highlighting his own trading experiences, Busby clearly explains how to beat the market by balancing the impulses of greed and fear, managing risk at all times; and taking responsibility for your trading.

Thomas L. Busby (Mobile, AL) has been a professional trader and broker for 25 years, working with Merrill Lynch and Smith Barney. He founded the Day Trading Institute in 1996 and it has grown into one of the most successful trading schools in the world.
 

The Quarters Theory: The Revolutionary New Foreign Currencies Trading Method By Ilian Yotov : the book

An inside look at an innovative Forex trading system

The Quarters Theory improves and simplifies the decision-making process in foreign exchange trading through the use of a revolutionary new methodology applied to the price behavior of currency exchange rates and trend developments in the Forex market. This book provides currency traders with a step-by-step guide to the unique premise of the Quarters Theory and offers many real-life market examples, variations, and innovative Forex trading strategies. Ilian Yotov, a long-time Forex strategist, delivers a reliable new compass to help you navigate the complexities of daily fluctuations in the prices of currencies. His unique insights lead to consistently better trading decisions and help maximize your trading results.

The author's featured "Quarters Theory" method introduces a fresh new approach to foreign currency trading

Offers innovative trading techniques that combine the methodology of the Quarters Theory with fundamental and technical analysis.

Provides proprietary Forex strategies that investors and traders of all proficiency levels can use to reap significant returns

With The Quarters Theory as your guide, you will quickly gain that extra edge that will help you to make more profitable decisions in your Forex trading activities.
 

Robert Robbins, "Tactical Trend Trading: Strategies for Surviving and Thriving in Turbulent Markets" : the book

Conventional wisdom has long insisted that the best—if not the only—stock market strategy worth employing is the traditional buy-and-hold model. But buy-and-hold investing is no match for today’s turbulent markets, where real change happens every day and companies and entire industries are stamped out in the blink of an eye. Fortunately, there is a better way, one that enables market participants to preserve their capital while increasing their net gains in even the most volatile of markets. That way is trend trading, and with Tactical Trend Trading as your guide, you will be better prepared than ever before to tackle—and profit from—every curveball that today’s topsy-turvy markets throw your way.

Written by hedge fund manager and trend trader Robert Robbins, Tactical Trend Trading starts out from the basic premise that if market participants learn to embrace change, they will be better able to harness its ability to unlock profits in every corner of the markets. To that end, Robbins equips you not only with the technical trading tools you need to analyze the market backdrop and identify and trade with market-prevailing trends, but also psychological guidelines that will enable you to blast through the emotional obstacles that stand in the way of profit generation and risk control. Rich in detail yet easy to digest and implement, Tactical Trend Trading covers:

The basics of trend trading, including what it is, its primary benefits and drawbacks, what type of commitment it entails, and how you can use it every day to profit from market volatility;

How to leverage technical analysis and sentiment indicators to pinpoint profit-generating stocks, sectors, and trends, predict market corrections, and execute perfectly timed trades;

Mental strategies for surmounting the ingrained psychological and emotional habits that prevent traders from realizing true financial success;

Techniques for developing a systematic approach to the markets that will enable you to survive and thrive in up, down, and sideways markets;

And much more.

Along the path to becoming a successful trend trader, your technical acumen and mental fortitude will be tested every step of the way. Prepare yourself for the brave new world of today’s ever-changing financial markets with Tactical Trend Trading, which provides you with all the moneymaking insights you need to capture trends, trade with the flow, and pull in profits, regardless of whether market conditions are good or bad.

What you’ll learn

Why today’s turbulent markets have rendered buy-and-hold investing obsolete and how trend trading can help you thrive in even the most volatile of market conditions

Techniques for identifying and trading in concert with the primary trend of a market

How to select the most profitable bullish and bearish stocks and set your entry and exit prices

Specific tactics for profiting from a wide variety of chart patterns, from rectangles and rounding bottoms to flags, wedges, head-and-shoulders formations, and more

Why risk control and discipline are the two most important tools in any trend trader's arsenal

Psychological guidelines that separating winning traders from the rest of the pack and tips for staying in the trend trading game
 

Trading Price Action Trading Ranges: Technical Analysis of Price Charts Bar by Bar for the Serious Trader By Al Brooks : the book

Over the course of his career, author Al Brooks, a technical analysis contributor to Futures magazine and an independent trader for twenty-five years, has found a way to capture consistent profits regardless of market direction or economic climate. And now, with his new three-book series—which focuses on how to use price action to trade the markets—Brooks takes you step by step through the entire process.

In order to put his methodology in perspective, Brooks examined an essential array of price action basics and trends in the first book of this series, Trading Price Action TRENDS. Now, in this second book, Trading Price Action TRADING RANGES, he provides important insights on trading ranges, breakouts, order management, and the mathematics of trading.

Page by page, Brooks skillfully addresses how to spot and profit from trading ranges—which most markets are in, most of the time—using the technical analysis of price action. Along the way, he touches on some of the most important aspects of this approach, including trading breakouts, understanding support and resistance, and making the most informed entry and exit decisions possible. Throughout the book, Brooks focuses primarily on 5 minute candle charts—all of which are created with TradeStation—to illustrate basic principles, but also discusses daily and weekly charts. And since he trades more than just E-mini S&P 500 futures, Brooks also details how price action can be used as the basis for trading stocks, forex, Treasury Note futures, and options.
 

Hi Seeker,

Thanks for the Forex books and all the great strategies and techniques they offer...

Some are "epub" books - ebooks - that require a special reader.

Here is the "epub" reader for Firefox so you can use your browser directly without needed to convert the files.

https://addons.mozilla.org/en-US/firefox/addon/epubreader/

Just download and it auto-installs in Firefox.

Restart Firefox and you are ready to read the epub's and expand your Forex knowledge...

Hope this helps everyone...

Robert

 

Brett N. Steenbarger, "Enhancing Trader Performance: Proven Strategies From the Cutting Edge of Trading Psychology" : the book

Trading is a performance discipline, and like Olympic athletes, elite military troops, and performing artists, traders can structure their development to achieve competence and expertise. Through his own trading experiences and those of individuals he has mentored, Dr. Brett Steenbarger is familiar with the challenges thattraders face and the performance and psychological strategies that can meet those challenges.

In his first book, The Psychology of Trading, Dr. Steenbarger provided a framework for understanding and overcoming the mental obstacles to successful trading. Now, in Enhancing Trader Performance, he goes a step further and shows you how to transform talent into trading skill through a structured process of expertise development.

Straightforward and accessible, this comprehensive guide:

Discusses the importance of finding an optimal fit between your trading talents and interests; the markets you trade; and the ways you trade those markets

Explores how you can enter into a learning process that will cultivate your tradingcompetence and expertise

Introduces the concept of learning loops, which enable you to make progressive improvements in your trading methods

Breaks down performance into three components—mechanics, tactics, and strategy—and examines the role of each in generating trading success

Illustrates how you can coach yourself with practical cognitive and behavioral techniques that rapidly change problem patterns and build new, positive ways of thinking and behaving

When you enhance your performance as a trader, you replace a small piece of randomness with intention. This enables you to make more informed trading decisions as you make your way through today's dynamic markets. Filled with in-depth insights, practical advice, solid research, and detailed examples, Enhancing Trader Performance offers an innovative approach to market mastery.
 

Understanding Electronic Day Trading - Every Investor's Guide to Wall Street's Hottest Phenomenon (Carol A. Troy ) : the book

Beginner's A-Z guide to online trading Electronic day trading's been called “the world's most exciting video game” -- an electronic gladiatorial arena where you live and die by the speed of your wits and fingers. Understanding Electronic Day Trading: Every Investor's Guide to Wall Street's Hottest Phenomenon, by Carol Troy, puts at your fingertips information from the insiders who are making this trading revolution happen. Every vital aspect of direct access trading is explained in the clearest possible terms. You get cutting-edge sources for real-time market information, news and analysis -- including the free “ticker” you can program to keep you on top of the stock's you're watching. From how this type of trading came into being, to what direction you can realistically expect it to take in the future...from how to get your feet wet with as little as $1,000, to a checklist of do's and don'ts -- this is the guide to check out if you're considering electronic day trading as a modest sideline -- or as a career with a potential five- or six-figure payoff
 

Edward Leshik, Jane Cralle, "An Introduction to Algorithmic Trading: Basic to Advanced Strategies, 2 edition" : the book

Algorithmic trading is becoming the industry lifeblood - it is cheaper, faster and easier to control than standard trading and it enables you to ‘pre-think' the market, executing complex math in real time. We are no longer limited by human ‘bandwidth', but the industry is secretive with few willing to share the secrets of their success.

An Introduction to Algorithmic Trading is an introductory guide to this hugely popular area. It begins with demystifying this complex subject and providing readers with specific and usable algorithmic trading knowledge. It outlines the current trading algorithms, the basics of their design, what they are, how they work, how they are used, their strengths, their weaknesses, where the industry is now and where it is going.

The book then features a section describing the choice of stocks to trade on the NASDAQ and the New York Stock Exchange, analytics, and metrics used to optimize trading results - and for the more adventurous reader, a section on how to design trading algorithms.

Finally the authors demonstrate a selection of detailed proprietary and never before seen algorithms targeted exclusively for use by individual traders to trade their own accounts. These algorithms have been developed and used by the authors and are being published here for the very first time.

This is an ideal book for the reader interested in understanding and harnessing the power of algorithmic trading systems, and is accompanied by a CD Rom which provides a quick ‘hands on' route to exploring the power of algorithmic trading on trade NASDAQ and NYSE stocks.
 

Peter Pham, "The Big Trade: Simple Strategies for Maximum Market Returns" : the book

A powerful, profitable, and elegantly simple system for traders

Markets can be extraordinarily complex, and unfortunately most trading systems are too. The Big Trade presents a new system that helps filter out the noise. It leaves behind only meaningful signals you need to listen to in order to make profitable trades. Employing simple math and charts, it codifies the past behavior of traders in your favourite stock to assist you to recognize high probability trading patterns.

Peter Pham's system breaks with traditional analytical tools and rejects the theory of predictability. Instead, it lets traders understand both how markets are structured and how they behave. The result is a simple action plan that is as effective and applicable for day traders as it is for generational investors. Blending his personal story and analytical techniques, The Big Trade guides traders of all experience level to find the probability that a stock price will rise or fall in a particular time period.

The Big Trade:

* Gives traders a powerful, yet simple trading methodology

* Was written by a trader with twelve years of both buy and sell side experience in global equities trading

* Is appropriate for most styles of trading, including institutional investing and day trading

For traders who want a universal approach that works for any market at any time, The Big Trade offers a new and effective methodology for successful trading without gimmicks or magic formulas.
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