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BOOK Reccomendation

  • #1
  • First Post: Oct 29, 2008 11:39am Oct 29, 2008 11:39am
Hello everybody,

I am very, very new to Forex and i was wondering if there are any good books or threads on this site for 1) Learning to read Candlesticks Patterns, 2) Technical Analysis 3) Trading Psychology.

Thanks
think out of the line!!
  • #2
  • Oct 29, 2008 2:06pm Oct 29, 2008 2:06pm
1 - Read everything in the rookie thread
2 - Read everything on www.babypips.com
3 - Read Forex for Dummies
4 - Read TA for Dummies

Thats everything you need
  • #3
  • Oct 30, 2008 6:03am Oct 30, 2008 6:03am
thank you very much..I'll try to learn more and more!!!!
  • #4
  • Oct 31, 2008 12:46am Oct 31, 2008 12:46am
Here are not books, here only analysts and merchants )
  • #5
  • Nov 4, 2008 6:17am Nov 4, 2008 6:17am
Confessions of a Street Addict
by James J. Cramer (Author), Jim J. Cramer (Author)

and

HEDGE FUND TRADING SECRETS REVEALED by Robert “The Hawk” Dorfman
  • #6
  • Nov 4, 2008 8:25pm Nov 4, 2008 8:25pm
Have you heard about the “Forex made easy” by James Dicks? I accompanied this morning my best friend to the airport and we were talking about forex, I was trying to convince him to learn with me and suddenly the guy next to us said “why don’t you read james dicks?” It sounds weird but it happened, I didn’t even know him but I want to know.
  • #7
  • Nov 6, 2008 2:48am Nov 6, 2008 2:48am
Quoting MaggBeauty
Have you heard about the “Forex made easy” by James Dicks? I accompanied this morning my best friend to the airport and we were talking about forex, I was trying to convince him to learn with me and suddenly the guy next to us said “why don’t you read james dicks?” It sounds weird but it happened, I didn’t even know him but I want to know.

As a newbie now I'm looking for good books to learn and everybody advise m different books but this author I did'nt hear!
  • #8
  • Nov 10, 2008 9:17pm Nov 10, 2008 9:17pm
Quoting livingFX
As a newbie now I'm looking for good books to learn and everybody advise m different books but this author I did'nt hear!
In your experience (you already said you don’t have much) what book can you recommend me? I think one of the most important topics in forex are fundamental and technical analysis, but besides that, is there something else? I’m trying to find a book for beginners. I just understood about impact of interest rates but that’s because someone else explain it to me. I’m a real and completely newbie and not familiarized with the economy terms, but pretty smart (also gorgeous, jaja). Thanks for the advice and for the answer.
  • #9
  • Nov 10, 2008 9:49pm Nov 10, 2008 9:49pm
some book on how to remain devoid of emotions might be helpful. It'd be great if there was a way to be able to coldly analyze the trend, trade and then close.
  • #10
  • Last Post: Edited 4:43am Nov 11, 2008 4:30am | Edited 4:43am
Quoting MaggBeauty
I’m a real and completely newbie and not familiarized with the economy terms, but pretty smart (also gorgeous, jaja). Thanks for the advice and for the answer.
Yeah, I always wondered why I wasn't born rich instead of so damn good looking.

I think a beginner should read 'Reminiscences of a Stock Operator" by Edwin LeFevre. IT gives you a sense of what trading is about. The emotions, the ups and downs. everything. Those new to trading do not have any reference ( 'synaptic highways' ) and so books on TA, Controlling your emotions, etc. go right over their heads.
Books such as 'Trading in the Zone' are more for someone with a year or two trading experience. TA books are for after you complete babypips course. You have to have some sort of reference in your brain or you'll be lost reading them.
In trading, there is no bullshit. You either make money or you don't.
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