Forex Books to Read This Year

Forex is an interesting and popular market that brings good opportunities for traders and investors. Moreover, you can read many books about Forex and thus get more knowledge and skills to become a successful trader or investor.

In this article, I have collected the best forex books that are worth reading in 2022. Each one of them will provide useful information about the currency market and trading.

One Good Trade: Inside the Highly Competitive World of Proprietary Trading by Mike Bellafiore, Tushar Chande – This book is a great resource for traders interested in learning about prop trading firms and the types of strategies that are employed at them. For anyone who is looking to transition over to this side of the market, this book will give you a glimpse into how these places operate (and some common pitfalls) to help aid your shift over to becoming a prop trader.
The Way of the Turtle: The Secret Methods that Turned Ordinary People into Legendary Traders by Curtis M. Faith – This book follows Mike’s story of how he partnered with his grandfather to start a successful trading firm using principles taught by Richard Dennis. As you read this book, you’ll realize it is more than just another motivation story. It is a manual for those who want to become successful traders, whether they are beginners or experienced pros.
How I Made $2,000,000 in the Stock Market by Nicholas Darvas – If you read only one book about stock market investing/trading this year, then it should be this title. In it, Darvas shares his experiences after he sold everything he owned to embark on an adventure in investing.
The Complete TurtleTrader: The Legend, the Lessons, the Fallacies by Michael W. Covel – This is a fantastic book about the trading system for which the Turtles (Richard Dennis’ students) became famous. It will teach you how to trade like a professional and spot market opportunities like an expert trader by using simple, easy-to-understand methods that produce consistent profits.
Market Wizards: Interviews with Top Traders by Jack D. Schwager – Market Wizards is a series of interviews with some of the world’s most successful traders. This book will teach you how to think about and approach trading in a completely new way that will change the way you look at markets. It consists of interviews, conducted by Jack Schwager, with top traders like Marty Schwartz, Richard Dennis, Tom Baldwin, and William Eckhardt.
How I Became A Quant by Derman – This is the novel you should read when you feel like complaining about your job or boss is driving you nuts. Here’s a test: if you like math and statistics, then this book will be for you. It follows the trajectory of Emanuel Derman from a Columbia University graduate to the head of models at Goldman Sachs Asset Management where he uses his talents in financial engineering.
Trade Like an O’Neil Disciple: How We Made 18,000% in the Stock Market by John L. Person – In this book, you’ll learn about the man who taught thousands to trade like him. His name is Dr. William O’Neil, and his method consists of buying stocks that are experiencing strong upward movement in price, or breakouts, and selling them when they reverse course and start trending downward again.
How I Cracked the Millionaire Code by Scott P.P. Pitkethly – This is one of those books that will open your eyes to the world of trading if you’re new to it or refocus how you approach it if you’ve been at it for a while and not seeing good results. The key here is understanding the mindsets and strategies employed by billionaires like Carl Icahn, Ray Dalio, and Paul Tudor Jones.
Dark Pools: The Rise of the Machine Traders and the Rigging of the U.S. Stock Market by Scott Patterson – In this book, you’ll learn how high-frequency trading (HFT) works in today’s markets and how it impacts investors’ portfolios. The book also discusses why HFT is dangerous for ordinary investors and how it rigs the game against you.
A Beginner’s Guide to Day Trading Online by Kathy Lien – This book is ideal if you’re looking to learn how to day trade in an easy-to-understand format with examples, bullet-point lists, tables, and diagrams. It will teach you how to day trade with confidence, avoid risks, and earn money in the process.
The Trading Book: A Complete Guide to the Top Trading Strategies that Work by James Bittman – This book will help you get started with trading regardless of your experience level, and it includes useful information on how to set up a trading plan along with anecdotes from traders who have had success using various strategies.
The Complete Guide to Day Trading Online: Everything You Need to Know About Online Trading and How to Succeed as a Day Trader by Matthew R. Kratter – This is another good book for beginners or those who want to learn more about day trading online and how to make the most of opportunities within this market’s momentum.
The Little Book of Common Sense Investing by John C. Bogle – If you are looking to learn more about investing, this book is an excellent choice. It will teach you how to invest in index funds effectively, which are the only investment vehicle that guarantees underperformance of the market. Warren Buffett says it best: “Individual investors get slaughtered. If you can learn from his mistakes, you can make a lot of money.”
TradeStream Your Way to Profits by Bruce H. Kovner – This is an excellent book for traders since Kovner has amassed his fortune through trading and it includes everything you need to know about the financial markets along with some wisdom about success and life. Kovner is widely known as the most successful hedge fund manager in history.
Market Wizards: Interviews with Top Traders by Jack D. Schwager – This book contains interviews that Schwager did with highly successful traders over ten years and it’s an excellent way to pick up insights from traders who have already mastered their styles.
New Market Wizards: Conversations with America’s Top Traders by Jack D. Schwager – This sequel to the book above is very similar but includes interviews with some new traders, including Alan Fournier, Greg Hawkins, and Abby Cohen (yes, that Abby Cohen ).
Trading and Exchanges: Market Microstructure for Practitioners by Larry Harris – This is a must-read book for those who want to dive into the details of how markets work and why they sometimes fail, along with strategies that can be employed to take advantage of these failings.
The Investor’s Manifesto: Preparing for Prosperity, Armageddon, and Everything in Between by William J. Bernstein – Here is another good book for those who want to learn more about investing and how the investment landscape has evolved–and will continue to do so.
The Big Short: Inside the Doomsday Machine by Michael Lewis – This book will show you how the housing and credit bubble occurred in the mid-2000s and how a few brave souls were able to profit from it. It’s an entertaining read that is also filled with valuable lessons about market psychology.
The Trades, A Trader’s First Book by Alexander Elder – This book is a great resource for those who want to learn more about trading psychology and how to put together an actionable plan that can be used to develop consistency.
Trading in the Zone: Master the Market with Confidence, Discipline and a Winning Attitude by Mark Douglas – This book is for traders at all levels and it focuses on the psychology of trading and how to develop a winning mindset. It also has some good material about money management and position sizing strategies.
The Disciplined Trader: Developing Winning Attitudes by Mark Douglas – In addition to the material in the book above, this one also includes good insights about money management and position sizing strategies.
The Art of Short Selling by Kathryn F. Staley – If you want to learn about short selling then this is a great place to start since it covers all the essentials in an easy-to-understand manner that will help you avoid costly mistakes.
Hedge Fund Market Wizards: How Winning Traders Win by Jack D. Schwager – This is the third book in the “Market Wizard” series that includes trading insights from some of today’s most successful hedge fund managers.
The New Money Management: Risk Master, Consistency, Discipline by Charles B. Carlson – Here is another good book for those who want to learn more about risk management and how it can be incorporated into investment strategies.
Beyond Technical Analysis: How to Develop and Implement a Winning Trading System by Jeffrey Kennedy – This book will help traders at all levels better understand what it takes to develop, implement, and maintain winning trading strategies.
Black Swan: The Impact of the Highly Improbable by Nassim Taleb – This book contains valuable insights about market volatility and it will help you to think differently about market risk, especially about highly unlikely events that are more likely to occur than you might expect.
Trader Vic: Methods of a Wall Street Master by Victor Sperandeo – If you’re looking for practical advice about how to develop your trading plan then this is the book that you should read.
A Beginner’s Guide to Short-Term Trading: How to Build Your Own Portfolio One Day at a Time by J. Welles Wilder – If you want to learn about short-term trading strategies then this is a great place to start since it provides practical insights on how to use moving averages and other support and resistance levels in your trading decisions.
The Mind of a Trader by Dr. Brett N. Steenbarger – This book is for traders at all levels and it provides added insights from a professional trading coach about how to develop consistency.
A Trader’s Money Management System: How to Ensure Profit with the Risk/Reward Ratio by Ralph Vince – This is another good book for those who want to learn more about money management because it provides a step-by-step guide on how traders can improve their performance by making intelligent decisions about risk and reward.
Trade with Passion: Techniques to Identify, Analyze and Execute Great Trading Ideas by Michael Martin – This book presents an efficient approach for traders to develop their trading plan based on their interests.
Technical Analysis of the Financial Markets (5th Edition) by John J. Murphy – Anyone who wants to learn more about technical analysis should read the fifth edition of this classic book.
The Complete Trading Course: Tools and Techniques for Market Warriors by John F. Carter – This is a great book for traders at all levels because it provides lots of practical insights on how they can improve their trading and investing results.
New Trading Dimensions: How to Profit from Chaos in Stocks, Bonds, Commodities and Futures by Constance Brown – Anyone who wants to learn more about how markets work should read this book.
Come Into My Trading Room: A Complete Guide to Trading by Alexander Elder – This is another valuable resource that teaches traders how to better understand and use support and resistance levels, stop-loss orders, and other key aspects of trading.
Black Edge: Inside Information, Dirty Money, and the Quest to Bring Down the Most Wanted Man on Wall Street by Sheelah Kolhatkar – If you’re looking for insights about how hedge funds can effectively use insider information to increase their investment returns then this book is a must-read.
More Money Than God: Hedge Funds and the Making of a New Elite by Sebastian Mallaby – This is an excellent book for those who are interested in learning more about hedge funds because it provides lots of insights on how top traders manage money.
Hedge Hunters: Inside the Unofficial Story of How Wall Street Traders and Risky Business Are Fueling the Next Meltdown by Benjamin Fearnow – This is an interesting book about how traders work in the financial markets.
The Greatest Trade Ever: The Behind-the-Scenes Story of How John Paulson Defied Wall Street and Made Financial History by Gregory Zuckerman – This is an excellent book if you want to learn more about how traders can exploit market opportunities.
Flash Boys by Michael Lewis – This is a fascinating book that tells the true story of how traders used high-speed computers to take advantage of other investors.
Reminiscences of a Stock Operator: The classic Investment Book by Edwin Lefevre – This book provides valuable insights on how investors can meet the challenges of the financial markets.
The Intelligent Investor by Benjamin Graham – This is a classic book that provides lots of valuable insights on how investors can develop an effective approach to investing.
The Neatest Little Guide to Stock Market Investing by Jason Kelly – This is a great book for beginners who want to learn more about the basics of investing in stocks and other key aspects of successful trading.
How to Make Money in Stocks: A Winning System in Good Times and Bad, Fourth Edition (Wiley Investment Classics) by William O’Neil – This book provides lots of insights on how investors can make money using the CANSLIM system for picking stocks.
The Daily Trading Coach: 101 Lessons for Becoming Your Own Trading Psychologist by Brett N. Steenbarger – If you want to learn more about how traders can overcome the psychological challenges they face then this is a great book for you.
The Disciplined Trader: Developing Winning Attitudes (Wiley Finance) by Mark Douglas – This is a great book for traders who want to learn more about how they can trade without emotions interfering with their decision-making process.
New Highs: The Smart Investor’s Guide to Profiting From IPOs and Secondary Stock Offerings by John R. Mott – If you want to learn more about how to make money when new issues come to market then you should read this book.
The Education of a Speculator by Victor Niederhoffer – This is an excellent book that provides lots of insights on how traders can achieve superior investment returns by using the very best trading strategies.
The Art and Science of Technical Analysis: Market Structure, Price Action, and Trading Strategies (Wiley Trading) by John C. Murphy – This is a great book for traders who want to learn more about how they can develop an effective approach to technical analysis.