Please suggest a good book for currency trading

[hotfishy]

Hi Everyone,

I am interested to learn currency trading, I wonder can anyone suggest good books/articles regarding to currency trading, and what's it's average return etc

Thank you so much!

[pitz]

Average returns are negative for traders, due to commissions.

Currency trading is a zero-sum game. For every 'winner', there is a 'loser'. The winners = the middlemen who physically broker your transactions and settle them. The loser = you, who pays all the fees.

Forex does not create wealth, unlike stocks. So statistically, since the E(x) = 1, money, in the aggregate, cannot be created through forex, and E(x) < 1 because of the effects of commissions, both explicit and embedded, in favour of the middlemen.