"Forex Book" Posts

Forex Conquered: High Probability Systems and Strategies for Active Traders by John Person

By Lawrence

Summary: A book on “high probability systems” for use with forex markets. The components for the systems are discussed in general with no specifics. I am disappointed by the fact that the trading systems are not disclosed. This book is not quite what I expected from a well respected trader. Book Information Forex Conquered: High […]

A Complete Guide to Technical Trading Tactics: How to Profit Using Pivot Points, Candlesticks & Other Indicators by John Person

By Lawrence

Summary: A guided tour on trading with technical tools by a trading veteran. The way the materials are presented makes you feel confident in the techniques but there is a lack of depth. Often mentioned is the online service provided by Mr. Person that makes it feel like he has withhold important clues on using […]

Millionaire Traders: How Everyday People Are Beating Wall Street at Its Own Game by Kathy Lien and Boris Schlossberg

By Lawrence

Summary: An interesting take on how a very diversified group of traders tackling the forex markets successfully. Not a book of the tall tales on legendary traders, if that is what you are looking for. A very good book for beginners to broaden their perspectives on what works with forex trading. A good read overall. […]

How to Lie with Statistics by Darrell Huff

By Lawrence

Summary: The best selling book about statistics of all time. It may not be a very technical book but it gives you good ideas how statistics are manipulated to support an argument. Highly recommended. Book Information How to Lie with Statistics Written by Darrell Huff [starreviewmulti id=2 tpl=31 size=’12’ average_size=’24’]

The Thinking Toolbox: Thirty-five Lessons That Will Build Your Reasoning Skills by Nathaniel Bluedorn and Hans Bluedorn

By Lawrence

Summary: Great introductory book on logical thinking. Examples and exercises accompany each lesson making it easy to track your understanding of the lessons and progress. Highly recommended. Book Information The Thinking Toolbox: Thirty-five Lessons That Will Build Your Reasoning Skills Written by Nathaniel Bluedorn and Hans Bluedorn [starreviewmulti id=2 tpl=31 size=’12’ average_size=’24’]

The Fallacy Detective: Thirty-Eight Lessons on How to Recognize Bad Reasoning by Nathaniel Bluedorn, etc.

By Lawrence

Summary: A great introduction to reasoning with logic and how to detect lies that are told in various situations. Good book for anyone who has no formal training in logic and those who want to build up their critical thinking skills. Highly recommended. Book Information The Fallacy Detective: Thirty-Eight Lessons on How to Recognize Bad […]

The W.D. Gann Method of Trading: A Simplified, Clear Approach by Gerald Marisch

By Lawrence

Summary: A no nonsense book that explains the Gann method clearly with many examples including walk-thru of the trades (both good and bad ones) and how orders are adjusted. One of the earlier books on trading that truly gives the reader a simple working trading method. Book Information The W.D. Gann Method of Trading: A […]

Technical Analysis for the Trading Professional, Second Edition: Strategies and Techniques for Today’s Turbulent Global Financial Markets by Constance Brown

By Lawrence

Summary: Required text for Chartered Market Technician (CMT). Broad coverage of technical analysis techniques with unique personal perspective in using the tools in real life situations. For readers who are not proficient in technical analysis already, this book will not help them learning or mastering the techniques. Readers who are pretty good with at least […]

Day Trading With Short Term Price Patterns and Opening Range Breakout by Toby Crabel

By Lawrence

Summary: The first trading book that gives price data the proper rigorous treatment. Statistics and biases are summarized across several markets. The framework that Mr. Crabel developed back then 20+ years ago is still valid today. Great insights that shaped the trading principles of many famous traders nowadays. One of the best trading classics of […]

All About Technical Analysis: The Easy Way to Get Started by Constance Brown

By Lawrence

Summary: This book is written with retail traders in mind who has no prior exposure to technical analysis or charting in general. Not a book teaching straightly technical methods. Also not a book teaching a complete methodology. It is a nice guided tour of trading by a professional trader who knows her stuff well. Well […]