Many want to learn the information and skills they need to trade stocks, commodities, options, foreign exchange (FX), or any combination. Trading and investing are only sometimes taught in U.S. colleges and universities.
There is a lot of good trading literature for people who want to learn independently.
Reminiscences of a stock operator
“Reminiscences of a Stock Operator,” written by Edwin Lefèvre and published in 1923, is fascinating to traders and investors.
The novel is a work of fiction based on the story of Jesse Livermore, who many people think of as the best stock trader ever. The main character of the book is based on Livermore. His name is Larry Livingston.
This book is known for being a great read and one of the few that tries to tell a complete (but made-up) history of one of the most prestigious investors in the stock market in the early 20th century.
It’s interesting to see how Livermore worked hard to become a successful trader. “Always sell what makes you lose money and keep what makes you money,” says another piece of timeless trading advice from the book.
The intelligent investor
The Intelligent Investor is a great book you can read to learn more about value investing. A New Edition of a Book of Useful Instructions (Collins Business Essentials)
“The Intelligent Investor” by Benjamin Graham is widely thought to be the best book on value investing.
Since Graham’s book came out in 1949, people have devised many ways to invest. But value investing is still one of the most popular basic investment strategies.
Warren Buffett, one of the world’s best investors, has said that this book is the “best one ever written” about investing.
Graham’s main investment idea is to try to buy an asset for less than its actual value. To do this, you must first find out what that value is.
Market wizards
The best-selling trading books written by Jack Schwager are “Market Wizards” and “The New Market Wizards.”
Some of the most successful traders of the last 50 years, like Paul Tudor Jones, who started Tudor Investment Corporation and now has a $1 billion fortune, were interviewed for both books.
The experts agree that the best way to get good at something is to learn from people who are already good at it.
Schwager’s books are like having a mentor because they let people learn from the experiences of very successful traders. The interviews give information about the people being interviewed and show different ways to invest.
Bottom line
We hope that you have found these Forex trading books to be helpful. You can even choose from a wide range of books. It all depends on your goals and how things are going for you.
These books will show you things about the world that you may have never thought about before. You’ll be miles ahead of 99 percent of the world’s population if you read even a tiny part of them.
No matter how much you know about trading or how new you are, these books will help you.