Posts Tagged ‘currency’
Towards Trading Success…
April 14, 2017
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Here is a list of content that I have found useful in my currency trading journey. I am yet to find success and still on a demo-account, but do have high hopes of being part of the elite group of disciplined, successful traders.
First book:
- Trading in the Zone by Mark Douglas.
- This book is an essential first step in building trading psychology.
Schooling:
- Open an account on BabyPips, complete the free course to gain a basic idea of forex trading. Make sure you thoroughly understand the Pre-school, KG and Elementary sections – the lessons are self contained thus you do not need any extra Googling while you are at it. And do skim through the other sections as well.
Podcasts:
- Chat With Traders (by Aaron Fifield)
- Desire to Trade (by Etienne Crete)
- Market Life (by Adam H. Grimes)
The art of “Tape Reading“:
- Not a must I think, but supposedly adds a new dimension to your trading skills.
- Jigsaw Trading (free order flow analysis lessons): At-least focus on Module 1 videos.
Blogs:
- Reality Trader Blog – Vadym Graifer – A must read
- Your Trading Coach Blog – Lance Beggs – Another amazing one
- Traderfeed (Dr. Brett Steenbarger – psychologist and trading coach)
- SMB Training Blog (Bella, Steve and team)
- New Trader U (Steve Burns)
Some actual traders and their techniques:
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- Urban Forex (YouTube): Has some great videos on trading forex (This guy gets behind the psychology of trading
againstwith the Big Boys). My personal favourites: - Trade Empowered (YouTube): I particularly follow Jason Stapleton and Jason Graystone’s videos.
- Ratio Trading: How to Predict Market Moves : This is my absolute favourite, but many other videos are equally amazing.
- Manesh Patel’s Trading the Fibonacci Levels
- JAMES16 group on ForexFactory.com: Do see the section on “MINIMUM REQUIREMENTS”:
- People recommend going through first 200 posts to understand his techniques. There are too many charts to go through – someday I will complete this.
- Urban Forex (YouTube): Has some great videos on trading forex (This guy gets behind the psychology of trading
Other recommended reads:
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- Reminiscences of a Stock Operator (Edwin Lefèvre)
- Market Wizards (Jack Schwager) – Learning from others
- New Market Wizards (Jack Schwager) – Learning from others
- One Good Trade (Mike Bellafiore of SMB) – Learning from others
- The Art and Science of Technical Analysis (Adam H. Grimes) – Covers many aspects of trading
- The Checklist Manifesto (Atul Gawande) – Unrelated but good.
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