What books should I read to Really learn trading Forex?

Quote from muraleedharan:

I remember the story of a researcher (Who was researching on habits of a particular species of fish).He went to his guide and asked 'Which book should start with' The guide replied 'You watch the fish ,you will learn a lot more than when you get reading'.You start demo trading and watch your performance, evaluate, repeat the process till you succeed.Tough but it will give you guaranteed results.It will take time. But it is worth it.
Good trading.
Muraleedharan:) :) :) :)
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Congratulations muraleedharan!

That was the best advise I've ever gotten.
 
You should not do what you don't understand.Here simplicity is the key.1 to 2 percent of your equity you can allocate per trade.You can still make a lot of money and you need not feel pressurised once you are triggered into a trade.You need to incorporate your MM into the method of your choice.
Getting your risk parametres right is the first step.
Money Management and risk control are interlinked .For example using a stop loss point controls risk, but the amount of risk is a Money management matter.To be a successful trader you must minimise risk.
Good trading Muraleedharan
 
kortic


Registered: Aug 2008
Posts: 1


08-14-08 12:41 PM

I have read some books, but something is missing. Could you help me find books that really learn trading Forex? ####################################


Clinical practology ,colorectal cancer in metastatic form

That are very usefull books


Your respectfully
 
There are various components to trading ie Method, Money Management, Psychology. Then for the indicator part there are 101 indicators. Charts, there are bar charts, candlestick charts, line charts etc.
I have been looking a couple of years ago to get good book in libraries, book shops.But could not.I went to the sites where free education is imparted and selected what I wanted.
This prompted me to start a site where a reader can get what he is looking for? It may take some time to complete the site.But once it is completed you will get what you are looking for from this site including self development tips. Good trading .Muraleedharan
 
Quote from yaskevich:

At LINK REMOVED there are books written by Toby Crabel, Larry Williams, Ralph Vince.

There are lots of books written by people who don't understand what are they talking about. But above mentioned authors are well-known traders with excellent results. Please read below:

In 1987, Williams won the World Cup Championship of Futures Trading, sponsored by Robbins Trading Company, trading $10,000 in real money to $1,147,000 in 12 months – a feat no one else has come close to matching. Williams ran his winnings to more than $2,000,000 by the end of September, dropped down to $750,000 after the October '87 crash, and traded back to the $1,147,000 mark by the end of the year.

In 1997, at age 16, his daughter, Michelle, won the same competition with exactly 1000 percent returns on her US$10,000 investment.As of 2006, Larry Williams' 100-fold gain is the highest in that competition.

Larry Williams used Ralph Vince's methods of money management. As you know, any good strategy without proper money management will fail. Ralph Vince's book is must read.

Toby Crabel is a United States self made millionaire trader, The Financial Times called Crabel "the most well-known trader on the counter-trend side". He is the fund manager of "Crabel Capital Management". Crabel manages 3.2 billion dollars and had a growth of 16.7% in 2005. A producer of consistent returns whatever the weather, Crabel has avoided having a losing year from 1991 to 2002.

These traders (I mean their books :) ) helped me a lot.
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Your link was removed for spam. Especially since you're the same poster as ther OP, but with a different username.
 
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