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What are the best forex trading strategy books for cryptocurrency traders?

avatarLorenzo GrazianoDec 19, 2021 · 3 years ago3 answers

Can you recommend some top-notch forex trading strategy books that are specifically tailored for cryptocurrency traders? I'm looking for books that provide practical strategies and insights to help me navigate the volatile cryptocurrency market. It would be great if the books cover topics like technical analysis, risk management, and trading psychology. I want to learn from experienced traders who have successfully applied these strategies in the cryptocurrency space. Any recommendations?

What are the best forex trading strategy books for cryptocurrency traders?

3 answers

  • avatarDec 19, 2021 · 3 years ago
    Sure! One highly recommended book for cryptocurrency traders is "Crypto Trading Strategies: Learn How to Trade Cryptocurrency Successfully" by Michael Scott. This book covers various trading strategies, including trend following, breakout trading, and scalping, and provides practical tips on how to apply them in the cryptocurrency market. It also discusses risk management techniques and psychological aspects of trading. Overall, it's a comprehensive guide for traders looking to enhance their skills in the cryptocurrency space.
  • avatarDec 19, 2021 · 3 years ago
    Hey there! If you're a cryptocurrency trader looking to improve your forex trading strategies, I'd suggest checking out "The Forex Trading Course: A Self-Study Guide to Becoming a Successful Currency Trader" by Abe Cofnas. Although it's not specifically tailored for cryptocurrency traders, the book covers fundamental and technical analysis, risk management, and trading psychology, which are essential skills for any trader. The concepts discussed in the book can be applied to the cryptocurrency market with some adaptation. Give it a try!
  • avatarDec 19, 2021 · 3 years ago
    As an expert in the cryptocurrency trading industry, I can confidently recommend "Forex For Beginners" by Anna Coulling. While it's not solely focused on cryptocurrency trading, the book provides a solid foundation in forex trading strategies that can be applied to the cryptocurrency market. It covers topics like chart analysis, technical indicators, and risk management. The author also shares her insights on how to adapt these strategies to the unique characteristics of cryptocurrencies. It's a great resource for both beginner and intermediate traders.