Reading forex books can give you the foundation you need to trade forex effectively. The problem is, there are a dime a dozen published trading books, most of which promise you unlimited riches through the information contained inside them.
Look at Customer Reviews
Do a quick search online and see how many people have ordered and read the book. Where they happy about the information? Did it help them become consistently profitable? Determine what type of traders ordered the book and which ones found it beneficial.
Read the Summary
That limited description can save you money by avoiding those that look a bit generic and are just paraphrased versions of another trading book. In addition to the summary, read the author’s bio. Check if they are qualified to actually teach you the information that you are about to dive into.
Balance Your Topics
Be well-rounded in your trading by reading up on the different sides of trading, from a technical numbers-crunching paradigm to a trading mindset paradigm. Risk management books should also be studied as this teaches you strategies on how to best protect your money from yourself while trading. Avoid limiting yourself to one narrow subject as this can also limit your trade ideas and opportunities.