Literature about trading

Discussion in 'For novice traders' started by Volkov Yuriy, Aug 24, 2017.

  1. Volkov Yuriy

    Volkov Yuriy Administrator

    Who has sites where you can find literature for beginners? Share.
     
  2. ibm'73

    ibm'73 Active Member

  3. Nia

    Nia Member

  4. ibm'73

    ibm'73 Active Member

    that's not one of the blogs that I follow since last year, actually there are many websites and blogs that give a lot of feedback about Forex in this virtual world, this is just one of its course
     
    Nia likes this.
  5. andengireng

    andengireng Member

    How about ForexFactory.com ?? I get some important things when I go to Forex Factory website, especially about news. But beside that, I get some information about EA, about literature and more. I think it is good if you go there just to wondering and I am sure you will find something there.
     
  6. NewbieTrader

    NewbieTrader Member

    thanks! will definitely look into that. so far, I just google stuff and read from random sources. it works okay for me :D
     
  7. andengireng

    andengireng Member

    Lots of literature about forex trading is on the internet and also in bookstores. But what I can appeal to is if you already have a profitable strategy, it is better if you mastered it, not to change strategy.
     
  8. NewbieTrader

    NewbieTrader Member

    but what if you feel like your strategy is not working or if you think there are other strategies that may fit you even better? shouldn't we try it out? that's how we improve.
     
  9. andengireng

    andengireng Member

    To realize my strategy is working or not, I have to test it for several months, or 3 months minimum. If I never get some profit in 3 months, I have to change my strategy but if I get some profit, I will improve it without changing my basic strategy
     
  10. NewbieTrader

    NewbieTrader Member

    isn't it too long to wait 3 months without any profit? that means you lose so much money. man, you are rich :D i don't think i can survive 3 months of losing money.
     
  11. Tengkorakfx

    Tengkorakfx Member

    Well, you can check some basic materials like babypips since they provide basic materials about trading itself. Basically we can spend the time more on practicing since trading is all about doing it by yourself and get use to it.
     
  12. NewbieTrader

    NewbieTrader Member

    Oh yeah I've heard of babypips before. Some of my trader friends are using it. Materials on freshforex are enough that I don't really look for others. But of course there's no harm in adding more knowledge :)
     
  13. andengireng

    andengireng Member

    Do you know? The book "Market Wizards" which contains the principle of Paul Tudor Janes is a collection of trading methods of figures who become classical literature in the investment world. The author, Jack Schwager, also became a successful trader who learned a lot from the process of writing the book.
     
  14. Tengkorakfx

    Tengkorakfx Member

    Now I'm into some youtube videos where Sam Seiden are teaching some viewers on how to trade with supply and demand techniques that can identify big market orders and follow that orders to gain profits with minimal risks...
     
  15. NewbieTrader

    NewbieTrader Member

    how is he compared to Graham Osano on his weekly and daily webinar in our broker? :D
    Don't get me wrong, i like to listen to many sources. more source, more brain, more experience, more better!
     
  16. broforex

    broforex Member

    No need to bother looking for trading literature, just go to the FreshForex website and enter the education page, there is a lot of literature about forex that you can learn.
     
  17. NewbieTrader

    NewbieTrader Member

    couldn't agree more. this education feature from my broker actually helped me alot when i was still a green newbie. i learned most things from here, other things i got from my friends. but no other literature.
     
  18. Tengkorakfx

    Tengkorakfx Member

    Sam Seiden's youtube channel about Supply and Demand gave me the most out of Forex trading in Supply and Demand perspective...
     
  19. NewbieTrader

    NewbieTrader Member

    oh cool. have you been following his channel? i might be interested in checking it. i've been watching tons of webinar videos from my broker. new sources will be good from time to time. can you share us the youtube link? thanks before!
     
  20. broforex

    broforex Member

    If you have find some literature, try your strategy with a demo account, newbies or beginner traders will be able to practice forex trading in real market conditions. How to start learning to trade with a demo account is highly recommended. Of course because using a demo account, you don't need to spend a penny. You also don't need to be afraid of losing money or capital.
     

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