There are many currency trading books that you can get and here we have cherry picked 5 of the best which any trader novice or pro should have in their trading library.
1. Market Wizards (Jack Schwager)
Schwager interviews 17 trading legends including Richard Dennis, Paul Tudor Jones, Ed Seykota, Marty Schwartz, Tom Baldwin and many others.
One of the top-selling trading books of all-time and with good reason and if you like this you should also consider the New Market Wizards which is along the same format.
2.. Trader Vic - Methods of a Wall Street Master (Victor Sperandeo)
Victor Sperandeo is one of those traders who is simply consistent making above average gains year after year. Here he shares his insight on everything to do with trading - from psychology, to trend following, to money management - It’s a great read and covers all the areas you need to perfect to be a successful trader.
3. The Disciplined Trader Developing Winning Attitudes (Mark Douglas)
This book clearly stresses the point that no matter how well prepared you feel you are or how good your trading system is - trading is a mind game.
The author examines the psychology of fear that hinders most traders when they are seeking trading success. Traders either love this book or hate it but its one of those books where if you didn’t think discipline was the major obstacle to success you will when you have read it.
4. What I Learned Losing a Million Dollars - (Jim Paul Brendan Moynihan)
There are many different ways to make money but only a few ways to lose it and that’s what this book is all about - protecting your money.
Part biography and part a lesson in money management - if you only thought money management was placing a stop, then this books shows you why its not .
One of the most unique books you will ever read.
The reason why most traders never make money is:
It never occurs to them that trading is all about self knowledge and applying it to manage money and pursue big gains.
5. The Way of the Turtle - (Curtis Faith)
In 1983 Richard Dennis had a bet with his friend and trading partner - Bill Eckhardt that great traders were not born - they could be made.
To settle the bet, they recruited a group of individuals from all walks of life, who had no trading experience gave them accounts to trade, and trained them for two weeks - hence name the Turtle Traders. The Turtles proved Dennis right and earned more than $100 million in less than four years.
In this book the most successful turtle Curtis Faith goes through the experiment in great depth offering his unique perspective on his experience, the rules of the system, the rewards and the challenge that the turtles faced. He explains why the Turtle Way still works in today’s markets and how you can apply it.
He also shares his wisdom on taking risks, choosing your own path, and learning from your trading mistakes.
With any list of best currency trading books you have a subjective view from the person choosing them and everyone’s list differs however after reading over 500 currency trading books over 25 years these books I read and re read.
1. Market Wizards (Jack Schwager)
Schwager interviews 17 trading legends including Richard Dennis, Paul Tudor Jones, Ed Seykota, Marty Schwartz, Tom Baldwin and many others.
One of the top-selling trading books of all-time and with good reason and if you like this you should also consider the New Market Wizards which is along the same format.
2.. Trader Vic - Methods of a Wall Street Master (Victor Sperandeo)
Victor Sperandeo is one of those traders who is simply consistent making above average gains year after year. Here he shares his insight on everything to do with trading - from psychology, to trend following, to money management - It’s a great read and covers all the areas you need to perfect to be a successful trader.
3. The Disciplined Trader Developing Winning Attitudes (Mark Douglas)
This book clearly stresses the point that no matter how well prepared you feel you are or how good your trading system is - trading is a mind game.
The author examines the psychology of fear that hinders most traders when they are seeking trading success. Traders either love this book or hate it but its one of those books where if you didn’t think discipline was the major obstacle to success you will when you have read it.
4. What I Learned Losing a Million Dollars - (Jim Paul Brendan Moynihan)
There are many different ways to make money but only a few ways to lose it and that’s what this book is all about - protecting your money.
Part biography and part a lesson in money management - if you only thought money management was placing a stop, then this books shows you why its not .
One of the most unique books you will ever read.
The reason why most traders never make money is:
It never occurs to them that trading is all about self knowledge and applying it to manage money and pursue big gains.
5. The Way of the Turtle - (Curtis Faith)
In 1983 Richard Dennis had a bet with his friend and trading partner - Bill Eckhardt that great traders were not born - they could be made.
To settle the bet, they recruited a group of individuals from all walks of life, who had no trading experience gave them accounts to trade, and trained them for two weeks - hence name the Turtle Traders. The Turtles proved Dennis right and earned more than $100 million in less than four years.
In this book the most successful turtle Curtis Faith goes through the experiment in great depth offering his unique perspective on his experience, the rules of the system, the rewards and the challenge that the turtles faced. He explains why the Turtle Way still works in today’s markets and how you can apply it.
He also shares his wisdom on taking risks, choosing your own path, and learning from your trading mistakes.
With any list of best currency trading books you have a subjective view from the person choosing them and everyone’s list differs however after reading over 500 currency trading books over 25 years these books I read and re read.
