Best forex and/or trading book you have ever read?

Hi Everyone,

I am looking to collate a library of the best forex and trading literature available and would appreciate your feedback.

Please only post the name of the THE BEST book or paper you have encountered.

It's a suggestion that only takes a moment to provide and will be a huge benefit to all FF members as a reference tool.

*****PLEASE PLEASE PLEASE if you notice a post by another member for a book that you do not agree with then please keep reply posts to a minimum simply explaining why you do not agree. I really want to keep the info here as relevant as possible and free of egos which many threads seem to attract *****

Thanks in advance for your help.

Cheers,

4x.

Trading in the Zone by Mark Douglas

Simply the best in trading psychology books, a must read for every forex trader. It gave my performance a nice boost and it helped me understand what it takes to be successful in this market, "The "Zone".

Many thanks for your contribution mate.

I found FF to be the best bookshelf. Honest, informative and personal experience to share.

Oh sorry, you were talking about books, not bookshelf... My bad I dont have one......

Hard to choose the best, but my current favourite is
Fibbonaci Analysis
by Constance Brown

When I first applied the techniques in this book, and saw that it worked, it was a bit of a "Matrix" moment. Suddenly the underlying structure of the market became apparent.

Hard to follow in places though.

Reading price charts Bar by Bar Al Brooks

Chapters 1,3, and 15 are great.

"Trade Your Way to Financial Freedom" by Van Tharp.

When you see people here using terms like "expectancy", "1R" and "R multiples" this is the source.

It's a very good book on how to build and analyze trading systems.

reminiscences of a stock operator

agreed

Candlestick Education by Steve Nixon:

http://www.forexfactory.com/showpost...48&postcount=1

http://www.forex-book.org/

Above all are free

p.s. should you find similar subject (and free), pls. do pm me.
p.s. i am a newbie acquiring the above as part of my trading method.

To all the people who have contributed thus far, thank you very much.

Please keep up the suggestions people or feel free to vouch for a book that is already listed if your favourite book has already been listed.

Cheers

4x.

A Beginner's Guide to Short Term Trading by Toni Turner. A very simplistic book on trading stocks and technical analysis. Well written and easy to read.

How to make money in stocks by William J. O'Neill (founder of investor's business daily)

It explains a medium term (4 to 12 weeks on a position) trading system for stocks, commodities and bonds using fundamental and technical approach. On commodities and bonds it's only the technical approach, and I find it works very well (although a position may have to be open for over a year).

It also explains how to read the stock market by the indexes - when to exit and when to enter. Needless to say William O'Neill is a professional investor who really knows what moves the markets - smart money - and how to detect its actions.

this book is so interesting, love to read it and hop all of you read it

"Ugly Americans"

options theory & trading by ianieri ( wiley )

Yeah, a must have!

Some of the old classics.. Livermore, Wyckoff are also a good and entertaining reading.

A very resourceful thread we have here...

I think i saw Trading in the Zone by Mark Douglas quite a number of times in different thread...Should be good recommend.

Trading and Exchanges by Larry Harris. I say that one has no business trading with out spending a good 50 hours reading and digesting this book.

The best trading book(s) I ever read were the Market Wizards book by Jack Schwager:

 

1. Market Wizards: Interviews with top Traders
2. The New Market Wizards
3. Stock Market Wizards

Conversations with some of the best traders ever including Paul Tudor Jones, Ed Seykota, Stanley Druckenmiller, Jim Rogers, Michael Marcus, Bruce Kovner, and many other legendary traders/investors. There is even a section on psychology where they speak with Van Tharp (much better than the psycho-babble fluff put out by a certain unnamed author that many on ForexFactory seem to love--No Offense!).

Best bang for the buck out there, IMHO...