Forex traders admit that every trader should budget for his own personal trading library wherein he must keep some classical books on Forex and options trading. Though there are hundreds of eBooks available these days, there is no alternative for the books that are in paper. These books on Forex trading tell you how to trade considering various factors such as market condition, trend, etc.
Selected Books on Trading
“Mastering the Trade” by John F. Carter is a fabulous publication for traders as it has a lot of focus on futures trading, options trading, stocks trading, etc. Written by someone who has been trading actively for more than two decades, this one brings practical knowledge for new and seasoned traders as well.
Available in two editions, you are recommended to buy the second edition as some chapters and content has been revised by the writer for readers’ benefit. Read the book and follow the ideas from the book to scale success in trading whether it is stocks or Forex or options trading.
Why ‘Mastering the Trade’ is Valuable?
John F. Carter has put effort to explain the value of diversification with futures, stocks and options. Thus, all the traders who wish to expand their horizon and wish to earn profit need to diversify their investments in futures, stocks, options, etc. as suggested in the book.
For many traders and readers, ‘Mastering the Trade’ is fun to read as the writing style of the book is free flowing and attractive as well as funny. As the writer himself is a trader most of the tips and learning tools he recommends have been tested. Thus, traders can stay assured about the wisdom and trading tips as the writer brings them all from his own experience.
While reading the book readers feel as if they are being taken to the life and experience of a successful trader. They even recommend that this book has something for every trader, regardless of experience or knowledge. Though they also warn that reading this book will not necessarily make anyone an instant success, it can definitely provide new perspective.
Some traders even believe that with this book a new trader can definitely learn the ways to trade and earn profit and reduce risks. Some issues that have been discussed in the book e.g. background information as to what causes the markets to fluctuate, psychology, proven setups to use, etc. have been appreciated by readers a lot.