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What is the best book to read about forex?

When it comes to trading in the foreign exchange market, or forex, reading can be one of the best ways to gain knowledge and insight into the world of currency trading. But with so many books on the subject, it can be difficult to know where to start. In this article, we’ll explore some of the best books to read about forex, and why they’re worth your time.

1. “Currency Trading for Dummies” by Kathleen Brooks and Brian Dolan

As the name suggests, “Currency Trading for Dummies” is a beginner’s guide to forex trading. It covers the basics of the forex market, including how it works, the different types of currencies, and the different types of trading strategies. The book is written in a clear and concise manner, making it easy for beginners to understand. It’s a great starting point for anyone who is new to forex trading.

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2. “The Intelligent Investor” by Benjamin Graham

While “The Intelligent Investor” is not specifically about forex trading, it is considered by many to be the bible of value investing. This book teaches investors how to think about investing, and how to make sound investment decisions based on fundamental analysis. It’s an essential read for anyone who wants to be a successful investor, whether in forex or any other market.

3. “The Disciplined Trader” by Mark Douglas

Trading psychology is a crucial aspect of forex trading, and “The Disciplined Trader” is one of the best books on the subject. The book explores how traders can develop the discipline, mental toughness, and emotional control needed to succeed in the forex market. It’s a must-read for anyone who wants to master the mental side of trading.

4. “The Little Book of Currency Trading” by Kathy Lien

The Little Book of Currency Trading” is another beginner’s guide to forex trading, but it goes beyond the basics to explore some advanced trading strategies. The book is written by Kathy Lien, a well-known forex trader and analyst. It’s a great resource for anyone who wants to take their trading skills to the next level.

5. “Trading in the Zone” by Mark Douglas

“Trading in the Zone” is another book by Mark Douglas that explores the psychology of trading. The book focuses on the importance of mindset and the role it plays in successful trading. It’s a great read for anyone who wants to develop a winning mindset and improve their trading performance.

6. “Forex Trading for Maximum Profit” by Raghee Horner

Forex Trading for Maximum Profit” is a comprehensive guide to forex trading that covers everything from the basics to advanced trading strategies. The book is written by Raghee Horner, a well-known forex trader and analyst. It’s a great resource for anyone who wants to learn how to make consistent profits in the forex market.

7. “Day Trading and Swing Trading the Currency Market” by Kathy Lien

Day Trading and Swing Trading the Currency Market” is another book by Kathy Lien that explores different trading strategies for the forex market. The book is written in a clear and concise manner, making it easy for traders of all levels to understand. It’s a great resource for anyone who wants to learn how to trade forex in a way that fits their lifestyle.

Conclusion

Reading is an excellent way to gain knowledge and insight into the world of forex trading. Whether you’re a beginner or an experienced trader, there are plenty of books that can help you improve your skills and become a more successful trader. The books on this list are some of the best in the industry and are well worth your time. So, pick one up and start reading today!

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