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This is very cool. Thank you

Edit: in case anyone is looking for more in depth information on any of the experiments or biases mentioned (Anchoring, as-if and other defences, loss aversion...), check out Behavioural Investing by James Montier.

Its a collection of papers, but put into a great format that is easy to read and very visual. It is also available on torrent sites.

That being said, I do hope to post some of the best ones on /r/forex in the near future.

In the absence of any specific details about what you might be able to use in similar careers, I'm going to recommend my favourite career changing/focusing books:

If you're sure you're done with trading for the time being, I recommend these two books:

What Color Is Your Parachute? 2018: A Practical Manual for Job-Hunters and Career-Changers by Richard N. Bolles:
https://www.amazon.com/What-Color-Your-Parachute-2018/dp/039957963X/


I Could Do Anything If I Only Knew What It Was: How to Discover What You Really Want and How to Get It by Barbara Sher and Barbara Smith
https://www.amazon.com/Could-Anything-Only-Knew-What/dp/0440505003

They both have very useful exercises to help you clarify what you really want out of your vocation and career, and also how to build on all of your existing skills, knowledge and innate talents.

Day Trading and Swing Trading the Currency Market by Kathy Lien (a free pdf is available online, I didn't link it so it doesn't get too much notice and is taken down) is also a great book to start with, for beginners especially. She goes into fundamental analysis to some extent, and there is a very helpful formal approach she discusses in Chapter 8, on how to develop a trading plan.

StockCharts has some great articles. There was one by Andrew Aziz, I think, on studying candlesticks in charts. Or it can be that people are just blatantly copy-pasting. I have seen Kathy Lien's chapters ripped off and claimed by some other authors as their own.

Do not trade unless you learn how forex works first. Remember, there will always!!! be opportunities. After you learn how trading works, open a demo account. Practice on the demo account, you will surely make mistakes like everyone else. Demo account is the best practice platform. Then move to a real account. After you are done with babypips, as people suggested, checkout a book called Trading in the zone. This book will pay dividend when you start trading. I think the biggest hurdle is managing risk. You will learn a lot. Good luck!

The best book i've ever read for Forex is this: http://www.amazon.com/Technical-Analysis-Complete-Financial-Technicians/dp/0137059442/ref=sr_1_2?ie=UTF8&qid=1398231664&sr=8-2&keywords=technical+analysis


Very in depth and goes over a lot of detail. 600 pages of great info. I also have heard that in a lot of broker sponsored events that introduces TA trading, a lot of them recommend that book, and i can see why. The only thing i would add in the book is consolidation zones and better opinion on Engulfing Candlesticks.

Try researching on trade management, and scaling in and out of trades.

The biggest myth in the trading industry is the prediction myth, all there is to trading is managing trades well, that's all. That's even why hedging exist, to allow corps to manage risk.

As a liquidity provider/speculator, you are saying that you can manage trades and handle risk well, and you manage trades good enough to have positive expectancy.

So the main guys you may want to research on are dealers, a good book is, https://www.amazon.com/Beat-Forex-Dealer-Insiders-Exchange/dp/0470722088

https://www.amazon.com/Trade-Financial-Freedom-Business-Books/dp/007147871X

This book has changed my perspective on everything. It helped bring peace into accepting what I can control AND MOST IMPORTANT, what I cannot control in the markets

A good free ebook - http://www.rockwelltrading.com/day-trading/free-day-trading-ebook-1/

A good book to buy - http://www.amazon.com/Trading-Zone-Confidence-Discipline-Attitude/dp/0735201447

open a small accont, risk a little of if for each trade (less than .3% of your capital) and study the markets.
A good read for starters is this book, IMO:
http://www.amazon.com/Diary-Professional-Commodity-Trader-Lessons/dp/0470521457/ref=asap_bc?ie=UTF8

Good luck

Trading In The Zone

Trading for a Living

The Universal Principles of Successful Trading I've read this one twelve times and not because it's fun.

Think and Trade Like a Champion by Mark Minervini

Higher Edge with a Single Candlestick

Everything Written by CrucialPoint in Here

Building an Equity Millipede

Just a Few

Tip: If you don't fully understand the writing to the point you can explain it to a 5 year-old, DON'T MOVE FORWARD. Keep reading and researching the particular topic until you can.

edit: FORMATTING

I am reading these ones now: https://www.reddit.com/r/Forex/comments/702czu/not_sure_if_posted_before_but_these_two_docs_are/?st=JEHRCHP2&sh=f1d7adf0

Really good.

This one is good too: https://www.amazon.com/Complete-Guide-Price-Analysis/dp/1491249390

Did you know Amazon will donate a portion of every purchase if you shop by going to smile.amazon.com instead? Over $50,000,000 has been raised for charity - all you need to do is change the URL!

Here are your smile-ified links:

https://smile.amazon.com/Trade-Mindfully-Performance-Mindfulness-Psychology/dp/1118445619

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^^i'm ^^a ^^friendly bot

Not very well written, but a decent Divergence Trading Strategy

(Not mine...I just like Divergence trading)

Not the quantity but quality is important.

Read from practitioners and not book sellers.

Mental game is most important: https://www.amazon.com/Trade-Mindfully-Performance-Mindfulness-Psychology/dp/1118445619

Marketing has taught my brain to type this way. It is Optimized for mobile and it almost drags the reader through reading the whole thing.

There is one book that he recommends: https://www.amazon.com/Technical-Analysis-Financial-Markets-Comprehensive/dp/0735200661 It is a $60 book though.

I'm a huge fan of Market Profile, so here's a handy tutorial: https://www.cmegroup.com/education/interactive/marketprofile/handbook.pdf

Also a big fan of the directional movement index, so here's a tutorial on that: http://www.investopedia.com/articles/technical/02/050602.asp

Heard good stuff about "Trading in the Zone" in terms of covering trader psychology, but haven't read it because the psychological aspects never really caused me much of an issue (I work in real estate investments, so used to it): http://www.amazon.com/Trading-Zone-Confidence-Discipline-Attitude/dp/0735201447

Not a fan of ForexFactory, but this thread (Building an Equity Millipede) is pure gold: http://www.forexfactory.com/showthread.php?t=245149

I've heard opinions that Trade Mindfully (https://www.amazon.com/Trade-Mindfully-Performance-Mindfulness-Psychology/dp/1118445619) is much better. Anyone read that one?

I'm reading this right now. Starts from the beginning and is very clear. $5 on Kindle so it's not going to break the bank.

Forex For Beginners by Anna Coulling http://www.amazon.com/dp/B00GBHQXZC/ref=cm_sw_r_udp_awd_adv9ub1YDAASB
http://www.amazon.com/dp/B00GBHQXZC/ref=cm_sw_r_udp_awd_adv9ub1YDAASB

http://www.amazon.com/Currency-Trading-Intermarket-Analysis-Shifting/dp/0470226234/ref=pd_sim_14_6?ie=UTF8&dpID=51ZOeBuVImL&dpSrc=sims&preST=_AC_UL160_SR109%2C160_&refRID=16H1T8RDVKYHDXC83AAC

Also sounds like what youre looking for will be in Jaratt Davis' videos. Check his youtube

I'm not dure how else to explain it to you. You should read Trade Your Way To Financial Freedom by Van Tharpe. Terribly named book, but it's the first book all noobs should begin with. It does a decent job of watering down the concepts of expectancy and opportunity; expectunity. Noobs should avoid that babypips bullshit.

https://www.amazon.ca/Trade-Your-Way-Financial-Freedom/dp/007147871X

Read Fooled By Randomness By Nassim Nicholas Taleb if you really want to get into it. Best book for traders in my opinion.

Here you go:

https://www.amazon.com/Evidence-Based-Technical-Analysis-Scientific-Statistical/dp/0470008741/ref=sr_1_1?ie=UTF8&qid=1541847126&sr=8-1&keywords=Evidence-Based+Technical+Analysis%3A+Applying+the+Scientific+Method+and+Statistical+Inference+to+Trading+Signals

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http://www.amazon.com/The-Daily-Trading-Coach-Psychologist/dp/0470398566

have you read this book?

http://www.amazon.com/Beat-Forex-Dealer-insiders-exchange/dp/0470722088

Read this book after you finish babypips. http://www.amazon.com/Reminiscences-Stock-Operator-Marketplace-Book/dp/0471678767

http://www.amazon.com/Trading-Zone-Confidence-Discipline-Attitude/dp/0735201447

Buy this book. Read it repeatedly. This is a core piece of knowledge for any trader, it talks about the steps necessary to move yourself to an emotionless state that will help keep you profitable.

Emotions are the reason that traders lose money and fail.

Yep, this is flow trading and market making 101. They work around you and steal your idea under the guise of hedging or maintaining liquidity.

People lose at FX because they equate it to the NYSE or Nasaq or footsie when it's market microstruture is different. With the increased use of HFTs in FX it'll only get worse

This is a must read

https://www.amazon.com/Beat-Forex-Dealer-Insiders-Exchange/dp/0470722088

Absolutely. There’s risk at every turn. Your home server could lose connection and miss a closing trade. Your vps could annoyingly restart or be under maintenance. An API could go down. Slippage can eat into your profits. I can’t say this definitively, but my guess it that most ‘horror stories’ about MT4 problems are people who were trading too big for their account size (imho). I haven’t had any issues, but if for some reason I get screwed on a trade, get the wrong price and the things fly, literally, 1000 pips against me, I might lose 100 dollars - a loss I can recover from. But nothing is for sure. There is always risk. When any give trade doesn’t mean very much in profit or loss though, I worry less.

If you're struggling with MQL4 you might look into: https://www.amazon.com/Expert-Advisor-Programming-MetaTrader-automated/dp/0982645937/ref=sr_1_1?ie=UTF8&qid=1472939095&sr=8-1&keywords=expert+advisor+programming

I was pretty happy with it. If you can swing C# I can't imagine MQL4 would give you too much trouble. The docs are pretty good too. Debugging is the most annoying bit.