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Old 07-07-2005, 17:49   #1
benfaid
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help needed

dear friends

I am new to FOREX, and would like you to direct me to links for FREE FOREX books.

Thanks so much

P.S. my e-mail: abenfaid@yahoo.com
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Old 07-07-2005, 20:06   #2
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My 2 cents

Hi Benfaid,
welcome to the world of fx, the world of emotions and strategies.
I am sure if you searched the forum , you will find a lot of links for free forex books and sites offering forex lessons and they are all usefull to read and review in your first step of your career as a trader but let me give you my two cents.
  • 1.Start with a game account for at least one or two months.
  • 2.when you think you are a pro in forex(usualy this happens after a week or so ) then u can open a live account which I encourage you to open a mini account at any broker, I prefer o a n d a myself but you can choose whatever you want.
  • 3.log in daily to www. f x s t reet.com (without spaces) to see the latest news and to see one of the important mover in the forex which is the economic calendar, you have to know when will be announced so that you can monitor the rapid changes in price action.
  • 4. other sites to read daily is www.dailyfx . com , it is a very usefull site and I like the economic calendar they offer,
  • 5.log in to www.strategybuilderfx.com and read the strategies and trading methods sections, beleive me you will LEARN A LOT FROM THIS PART than you can ever imagine.
  • 6. Good luck and may God bless you and give you success.
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Old 07-07-2005, 21:26   #3
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Re: help needed

Take a look at the books offered in your public library...assuming you have such in Libya. You can buy "The Logical Trader" by Mark Fisher on Amazon.com for $35.00. Some very experienced traders here on moneytec are recommending it very highly (one of them said it was worth all of the others books he had read combined). You can also go to mbfcc.com to learn more about it also. Good/Bad Luck is created by yourself
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Old 08-07-2005, 04:52   #4
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Re: help needed

Quote:
Originally Posted by benfaid
dear friends

I am new to FOREX, and would like you to direct me to links for FREE FOREX books.

Thanks so much

P.S. my e-mail: abenfaid@yahoo.com
Someone on this forum once mentioned this link http://www.nqoos.com/Articles_and_Reprints.htm . Maybe you can take a look. (I can't remember who.)
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Old 08-07-2005, 11:56   #5
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Re: help needed

I would start with a good book on economics. And none of that Keynesian garbage either.

The more free the economy behind the currency, the stronger it is fundamentally.

Don't know about free books, but web sources for information on economics are Cafe Hayek and EconLibrary. You can go to George Mason University and poke around, they have one of the best economics programs and a lot of their professors blog.

As for actual Forex books, I've found the basic technical analysis and trading psychology books more useful. The nuts and bolts of how the Forex market works can be found on any number of websites however. Probably here though I haven't checked.
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Old 09-07-2005, 02:31   #6
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Re: My 2 cents

Dear My 2 cents
Thank you for your advice, appreciated.
bye for now


Quote:
Originally Posted by forexenator
Hi Benfaid,
welcome to the world of fx, the world of emotions and strategies.
I am sure if you searched the forum , you will find a lot of links for free forex books and sites offering forex lessons and they are all usefull to read and review in your first step of your career as a trader but let me give you my two cents.
  • 1.Start with a game account for at least one or two months.
  • 2.when you think you are a pro in forex(usualy this happens after a week or so ) then u can open a live account which I encourage you to open a mini account at any broker, I prefer o a n d a myself but you can choose whatever you want.
  • 3.log in daily to www. f x s t reet.com (without spaces) to see the latest news and to see one of the important mover in the forex which is the economic calendar, you have to know when will be announced so that you can monitor the rapid changes in price action.
  • 4. other sites to read daily is www.dailyfx . com , it is a very usefull site and I like the economic calendar they offer,
  • 5.log in to www.strategybuilderfx.com and read the strategies and trading methods sections, beleive me you will LEARN A LOT FROM THIS PART than you can ever imagine.
  • 6. Good luck and may God bless you and give you success.
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Old 09-07-2005, 02:36   #7
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Re: help needed

Dear PTB
thank you and good luck to you

Quote:
Originally Posted by PTB
Take a look at the books offered in your public library...assuming you have such in Libya. You can buy "The Logical Trader" by Mark Fisher on Amazon.com for $35.00. Some very experienced traders here on moneytec are recommending it very highly (one of them said it was worth all of the others books he had read combined). You can also go to mbfcc.com to learn more about it also. Good/Bad Luck is created by yourself
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Old 09-07-2005, 02:38   #8
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Smile Re: help needed

Dear foamgod
good link. thank you a lot

Quote:
Originally Posted by foamgod
Someone on this forum once mentioned this link http://www.nqoos.com/Articles_and_Reprints.htm . Maybe you can take a look. (I can't remember who.)
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