My favourite books that help paved my way to becoming a successful trader are as follows:

Trading:

There is no “trading system” that can be learnt by wrote and then applied. This is a blindingly obvious fact, yet it is largely ignored. This e-book does not sell a system. It sells a pattern of successful behaviour, or rather the steps a trader must take in order to acquire this pattern of successful behaviour.

Forex trading is like bird watching in lion country. If you don’t know what you are doing you end up being someone else’s meal. In fact, in this market, that’s exactly what happens to 90% of participants, and that statistic is the inspiration behind this book which explains why this happens, and how you can be the 10% which makes money.

Psychology:

Have you ever exited a trade at a loss, only to find that the trade would have been profitable only a little while later?
Have you ever exited a losing trade, opened one in the opposite direction, and then lost twice?

Discipline is the answer. Disciplined traders succeed and undisciplined traders fail. It’s really that easy.

Buy low, sell high. Sounds simple? Hardly. As most traders will tell you, finding the right entry and exit points in a market is too often a stressful and even gut-wrenching experience. Ari Kiev, author of Trading to Win, wants to change all that. Kiev spent five years with a group of professional traders at SAC Capital Management, a $500 million hedge fund, studying the psychological and emotional aspects of what makes for a successful trader. Kiev found that what hinders many traders is ego, fear, emotion, and “false beliefs about yourself and the markets.”

Gaining mastery as a trader means seeing “the market as it is, not as a reference point for your own existence.” Kiev advocates a disciplined, Zen-like approach to the markets that begins with articulating a specific goal then committing oneself to attaining that goal in the most objective way possible, overcoming the emotional baggage that too often leads to poor decision-making. Trading to Win is for professional and amateur traders of every stripe who are looking for insight into their own behavior and approach to the markets.

Money Management:

Trading Systems:

  • Vegas Tunnel Method - This method can quite useful in analyzing the charts and the trends of the Forex market.

Entrepreneurship:

The bestselling hardcover edition of How to Think Like Benjamin Graham and Invest Like Warren Buffett was widely hailed for its straightforward approach to making wise investment choices.

How to Think Like Benjamin Graham and Invest Like Warren Buffett wraps a lifetime of investing wisdom into one highly accessible package. An intelligent guide to analyzing and valuing investment targets, it tells investors what questions to ask, what answers to expect, and how to approach any stock as a skeptical, common-sense business analyst. Above all, this fast-paced book provides investors with the tools they need to thoroughly value any business in which they might invest. A common-sense approach to investing