Literature

On this page you will find a collection of books which we have read an found useful and recommend as worth reading. The books have been and still are important for us for new ideas as well as standard references. In the column "Comment" you find a short summary of our thoughts on the book. There are so many books on trading and system development that any review on a book helps to pick out the useful ones.

The books are listed in any assorted order.

To receive more information on any of the books you can click on the picture of the book cover - they are all linked to Amazon.de

Enjoy the reading,

your ForexInnvation - team.

Das Trader-Coaching

Thomas Vittner

DE

Great for discretionary trading in order to develop your strategy. One of a few German books that call a spade a spade.

Das große Buch der Markttechnik

Michael Voigt

DE

Best German-language introduction to the subject of trading and technical analysis.

Technische Analyse der Finanzmärkte

John J. Murphy

EN

An excellent introduction to the basics of technical analysis. In addition, simple trading strategies are described and a very comprehensive overview of potential applications of indicators is given. A compendium you will always return to.

Alles, was Sie über technische Analyse wissen müssen

Pierre Däubner

DE

Perfect to first gain an overview of technical analysis.

Japanese Candlestick Charting Techniques: a Contemporary Guide to the Ancient Investment Techniques of the Far East

Steve Nison

EN

The Bible of candlesticks and the various formations.

The Psychology of Trading: Tools and Techniques for Minding the Markets

Brett Steenbarger

EN

Who wants to make it as a discretionary trader cannot avoid this book. Here is a simple way to describe any issue that supports and affects a day trader, with solutions from practical experience.

Tools & Tactics für Master Trader

Oliver Velez & Greg Capra

EN

Nomen est omen. God dwells in heaven above and directly above him, the two authors ... This book tries to convey a lot of confidence, and basically has to tell a lot. But you have to like the style of the authors or you will not read the book. The charts used in this book are also really old.

Bollinger on Bollinger Bands

John Bollinger

EN

No book that provokes a Wow, but it is very solid craftsmanship on Bollinger bands. Multiple uses and trading approaches are presented. Those who like Bollinger bands will like this book. Bollinger bands we love ...

Your Money and Your Brain: Become a Smarter, More Successful Investor, the Neuroscience Way

Jason Zweig

EN

A comprehensive reappraisal of the current state of scientific knowledge on brain and behavioural research in the money business. The book is very easy to read and highly entertaining, explaining a dry subject very clearly, and surprisingly is packed with new perspectives. For each discretionary trader this is a treasure trove of knowledge about his own behavior better and how to control it.

Long-Term Secrets to Short-Term Trading

Larry Williams

EN

Larry Williams is probably one of the few very, very big trading legends. The book is, however, a waste of time and money.

Faszination Devisen

Dr.Detlef Rettinger

DE

For the basics of the Forex market this would probably work well. But published in 2005, the book would have needed urgent revision. The presentation as well is not really attractive.

Day Trading and Swing Trading the Currency Market: Technical and Fundamental Strategies to Profit from Market Moves

Kathy Lien

EN

An absolute requirement for anyone who is interested in Forex. A very good discussion of the entire spectrum of mandatory knowledge. Macroeconomic links/charting/trading approaches, etc.

Monte Carlo Simulation und System Trading: Chancenbewertung, Risikoanalyse und Validierung mechanischer Handelssysteme

Volker Butzlaff

DE

Anyone who is looking for a comprehensive treatise on the subject of Monte Carlo simulation will find this book indispensable. Both subjects -stability of simulation systems based on the results of an existing back-test-, and -simulation of data for the back-test based on alternative data- are described in great detail. The author keeps close to practical application when giving examples and also provides a very good self-developed software solution on MCS.