The Best Books for Traders: Technical Analysis, Forex, Day Trading, and More

May 20 • 2020
The Best Books for Traders: Technical Analysis, Forex, Day Trading, and More

For those thinking about getting started trading for the first time, or for those simply looking to brush up on or learn some new skills, trading books can be an effective way to learn new strategies and bolster one’s abilities.
With commitment from the reader and a desire to learn, all that’s necessary is the right reading and reference materials and in no time a novice can discover and implement winning strategies that will bring the profits in very little time investment.

 

Best Technical Analysis Books

Technical Analysis Explained

Written by Martin Pring

The Best Books for Traders: Technical Analysis, Forex, Day Trading, and More

This book is the ideal intro to technical analysis, easing readers into the subject then deep diving into more advanced concepts and material quickly thereafter.

 

Encyclopedia of Chart Patterns

Written by Thomas N. Bulkowski

The Best Books for Traders: Technical Analysis, Forex, Day Trading, and More

Every chart pattern known to man is included, with information provided from the master of chart patterns.

 

 The Encyclopedia Of Technical Market Indicators

Written by Robert W. Colby

The Best Books for Traders: Technical Analysis, Forex, Day Trading, and More

This encyclopedia is a detailed reference guide for indicators like the Relative Strength Index, Ichimoku clouds, or the MACD.

 We’ve also prepared a more extensive list with the top 20 best technical analysis books, click here to read more.

 

Best Day Trading Books

A Beginner’s Guide To Day Trading Online

Written by Toni Turner

The Best Books for Traders: Technical Analysis, Forex, Day Trading, and More

This has everything from quizzes to checklists to help beginners get started learning day trading in a fun and easy way.

 

Day Trading and Swing Trading the Currency Market: Technical and Fundamental Strategies to Profit from Market Moves

Written by Kathy Lien

The Best Books for Traders: Technical Analysis, Forex, Day Trading, and More

This is the perfect introduction to both fundamental and technical analysis, and teaches the basic concepts around swing trading and using stop losses and take profit orders.

 

Start Day Trading Now: A Quick And Easy Introduction To Making Money While Managing Your Risk

Written by Micheal Sincere

The Best Books for Traders: Technical Analysis, Forex, Day Trading, and More

 Whether it is stock trading or cryptocurrencies, the strategies here can help keep losses to an absolute minimum.

For more of the top 20 day trading books, click here.

 

Best Forex Trading Books

How to Make a Living Trading Foreign Exchange: A Guaranteed Income for Life

Written by Courtney Smith

The Best Books for Traders: Technical Analysis, Forex, Day Trading, and More

 If you are looking to turn trading into a job and income stream, this is one of the top trading books to read on the topic.

 

Forex Trading: The Basics Explained in Simple Terms

Written by Jim Brown

The Best Books for Traders: Technical Analysis, Forex, Day Trading, and More

This book includes a helpful glossary with all of the most common terms traders need to get familiar with.

 

Currency Forecasting: A Guide to Fundamental and Technical Models of Exchange Rate Determination

Written by Michael Rosenberg

The Best Books for Traders: Technical Analysis, Forex, Day Trading, and More

 This book teaches forex traders how to perform fundamental analysis to understand what powers each nation’s currency and economy.

To see the full list of top 20 forex trading books, click here for more information.

 

Best Trading Books for Beginners

Technical Analysis for Dummies

Written by Barbara Rockefeller

The Best Books for Traders: Technical Analysis, Forex, Day Trading, and More

The Dummies series is among the best books to learn trading, and this technical analysis edition is a great place to start.


Day Trading For Dummies

Written by Ann C Logue

The Best Books for Traders: Technical Analysis, Forex, Day Trading, and More

The Dummies series breaks down day trading in a very easy to digest format and includes enough knowledge to satiate even professional traders.


Currency Trading for Dummies

Written by Kathleen Brooks and Brian Dolan

The Best Books for Traders: Technical Analysis, Forex, Day Trading, and More

 Learn the ins and outs of the forex currency market with this edition of Dummies. It also features detailed histories of each major currency.

 

 Best Books for Trading Cryptocurrencies

Japanese Candlestick Charting Techniques

Written by Steve Nison 

The Best Books for Traders: Technical Analysis, Forex, Day Trading, and More

 Japanese candlesticks are must-know material for crypto traders.

 

Forex Trading 2020: Guide for Beginners. Secrets, Strategies and the Psychology of the Trader to Earn $10,000 per Month in No Time, Manage the Risk and your Money

Written by Norman Davison

The Best Books for Traders: Technical Analysis, Forex, Day Trading, and More

Although this book starts its title with forex, there’s plenty inside for cryptocurrency trading strategies and is a more modern, updated read than many others on this list.


Technical Analysis from A to Z

Written by Steve Achelis

The Best Books for Traders: Technical Analysis, Forex, Day Trading, and More

 Considered one of the best technical analysis books of all time, Technical Analysis from A to Z acts as a full encyclopedias on indicators, chart patterns, theories, advanced trading concepts and more, with plenty of knowledge for both new traders and pros alike.

 

Best Analysis and Strategy Books

The Art and Science of Technical Analysis: Market Structure, Price Action, and Trading Strategies

Written by Adam Grimes

The Best Books for Traders: Technical Analysis, Forex, Day Trading, and More

Along with learning the basics of market structure and reading daily price action, this book educated readers on how to apply common strategies to various asset markets.

 

Chart Patterns: After The Buy

Written by Thomas N. Bulkowski

The Best Books for Traders: Technical Analysis, Forex, Day Trading, and More

By far one of the best trading strategy books money can buy, Bulkowski teaches traders how to identify patterns, know when they are failing or confirming, plan entries and profit take zones, and much more. It even provides performance metrics for the most common patterns.


Investment Psychology Explained: Classic Strategies to Beat the Markets

Written by Martin Pring 

The Best Books for Traders: Technical Analysis, Forex, Day Trading, and More

 This is one of the best trading books to read for learning market psychology and how to gain a mental and emotional edge over other traders. 

 

Conclusion

After you have spent time reading the books mentioned here and learned all there is to know about trading and technical analysis, you can put your newly acquired skills to the test with a free demo account on PrimeXBT, or further your learning in the PrimeXBT Help Center, packed with helpful tutorials and trading tips.

PrimeXBT is an advanced trading platform offering up to 1000x leverage on forex, commodities, stock indices, and cryptocurrencies like Bitcoin. 

 

 

Registration is free, fast, and requires no personal information whatsoever for the highest level of privacy. Low minimum deposits and low minimum position sizes means testing the waters trading can also be low risk, but high profit.

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