| I read a lot about FOREX education and how it is | | | | traders who have made money. |
| essential to succeed and of course this is true, | | | | Unlike the guru's on the net who rely on hyped |
| but most people don't really understand what | | | | sales copy these guys don't need to: |
| they should learn and how to do it. | | | | They have made real money and lots of it. |
| So here are some guidelines, on how to work | | | | There are many books to choose from but here |
| smart and not hard to achieve FOREX trading | | | | are some of my favourites after reading several |
| success. | | | | hundred over the last 18 years: |
| When you are looking for FOREX education you | | | | 1. Market Wizards - Jack Shwager ( Edit ) |
| can get most of it for free on the net. | | | | This book is interviews with some of the all time |
| Don't be tempted to buy e-books or "sure fire" | | | | great traders and allows you to tap into and learn |
| trading methods from guru's. | | | | from the best. |
| Why? | | | | Quite simply, inspiring and essential FOREX |
| Because the FOREX education they offer is | | | | education. |
| normally going to cost you and it's not worth the | | | | 2. Trader Vic - Victor Sperandeo |
| money. | | | | Perhaps my favourite book of all time. |
| Most of it is written by great salesman (with | | | | EVERYTHING you need to know about devising a |
| great copy) or failed brokers. | | | | plan for profit is in this book. |
| In most cases, if it was that good they wouldn't | | | | From the essentials of a trading plan, to money |
| be selling it; they would keep quite and make | | | | management and how to acquire discipline to stick |
| money for themselves. | | | | with your plan and achieve trading success. |
| Harsh but true! | | | | Again, essential FOREX education. |
| If you do want to buy from a guru on the web | | | | Other authors to check out are: |
| make sure they have a real time track record | | | | John Murphy (for his writing's on technical analysis) |
| that has made money and not a simulation. | | | | Max Günter (check him out for some un |
| The good news is: | | | | conventional money making tips!) Jake Bernstein |
| There is a huge resource of information on the | | | | (great insight into the mindset you need to win) |
| web you can tap into and it's all free. | | | | and finally, William Gallagher's excellent book |
| As a novice trader you can learn everything | | | | Winner Takes All - A very entertaining read. |
| about technical analysis and indicators and see | | | | There are many more but the above will give |
| how they have performed in real time. | | | | you some great FOREX education. |
| You can also find lots of material on the traits of | | | | My own view in terms of FOREX education is to |
| successful traders and how you can acquire these | | | | get all the info for free of the net to construct |
| traits to make money. | | | | and implement your plan. |
| You can then build a trading system for free | | | | Then round it off with some FOREX education |
| from this FOREX education and even learn how | | | | from traders who have been their, done it and |
| to apply it. | | | | made money. |
| Paid education that is worth the money. | | | | I hope you enjoyed my thoughts on FOREX |
| Look no further than an online bookstore. | | | | education and wish you trading success. |
| There are many great books you can buy from | | | | |