A CFD trading book delivers a set of crucial tricks and methods that help beginners and pros successfully trade Contracts for Difference at any level. As a rule, CFD trading strategy books deliver a set of baseline principles and approaches backed by pieces of practical information, a real-life experience shared by leading traders and the industry’s biggest names, etc.
While the majority of the best CFD trading books are focused on strategy education, some proven experts show how to use proven tactics and execute trades under real-market conditions. As a rule, such books contain graphics and images with examples of how to utilize specific charts, patterns, analysis, and so on.
Beginners and pros can find hundreds of different books for any background. Users generally select between two major formats:
It does not matter which format you prefer; the main mission is to choose a book properly, making sure it contains vital data that will meet your particular goals and expectations.
With so many sources of information, finding a CFD trading book will hardly be a challenge. You can download it in different formats. However, to make sure it will make sense for your specific trading approach, you need to consider the following parameters.
Always consider the target audience of the books. Was it written to meet the needs of dedicated pros or help beginners get started with CFD trading? The level of background will define how easy you will understand and process the information. Additionally, look for books with a personal experience shared by the author. Theory must be supported by real-life trading examples as well as overall readability and user-friendliness.
Select CFD books keeping in mind traders’ reviews and feedback that can be found on multiple web platforms, in experts’ guides, and other websites.
With so many free eBooks available on the web, there is no need to opt for paid sources unless you require niche-specific experience that is closed to the public. In this case, you can benefit from limited editions that cost somewhere around $20-$50. Do not overpay and make sure a given book is worth that investment.
Now, when we know how to choose CFD books and what information to search for, let’s have a look at our list of top 3 picks written to meet the needs of beginners and experienced traders:
Author: Catherine Davey
Level: Beginner traders
One of the most popular and to-rated CFD guides written by Catherine Davey. The author ensures a good starting point for those who only start learning how CFD markets work and how trade contracts for difference. In her series of books, Catherine explains what CFDs are, how they work, and how they are different from other popular trading instruments (for example, stocks and shares). The author provides several psychological tups and touches on other unexpected aspects of trading.
Author: Catherine Davey
Level: Experienced traders.
Experienced traders with a good CFD background will appreciate this book that pinpoints crucial factors of utilizing a so-called no-nonsense trading modality. The author eliminated all boring and useless details while staying focused on her own experience described in a frank and reader-friendly manner.
Author: Jeff Cartridge
Level: Beginner traders.
A series of amazing books that are great for beginners. Jeff Cartridge provides all baseline information you might need when getting started with CFDs. Additionally, you will learn how to place and execute orders, how to use leverage in trading, how to utilize specific CFD strategies, and what contract providers to choose and why.
With the hassle-free access to tons of online content, you will hardly find it difficult to choose the best-matching CFD trading book either to learn some bases or find out niche-specific tools to enhance your current strategy.
This material does not contain and should not be construed as containing investment advice, investment recommendations, an offer of or solicitation for any transactions in financial instruments. Before making any investment decisions, you should seek advice from independent financial advisors to ensure you understand the risks.