The Ingredients Necessary for Trading Success
A different kind of self-help book for those who do not want just feel good advice but solid paths that can lead to fulfillment in terms of doing something you are passionate about and being a master of the field you have chosen. I recommend this book to all traders.
Mastery written by Robert Greene
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The book addresses Forex exclusively. While he claims that the methods “are applicable to all markets,” I disagree. Markets have some general similarities, but they also have prominent differences. I think his methods would work on the S&P, but they almost certainly work better on Forex which I don’t trade. I nevertheless recommend this book for a serious trader’s library, although not as heartily as I had originally thought.
Understanding Price Action: Practical Analysis of the 5-Minute Time Frame
Written by Bob Volman
Light Tower Publishing, 2014.
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Bob Volman’s Forex Price Action Scalping is one of clearest, most coherent trading books I have ever read. Even though it was not put out by a major publisher, like John Wiley and Sons, it is fast becoming a modern-day classic.
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