10 Books You Must Read For Success!

Knowledge = Success

Reading is one of the best activities you can do to learn about something. Personally I find it an absolute joy to open a book and to be able to learn something new everyday. Here I have listed my personal favorites. I have included a link to go to my aStore in which you can buy any of the books which I have mentioned in this post.

Success Books!

10.  The Alchemist - Paulo Coelho

This is the only fictional book within this list. The Alchemist, dazzling in its powerful simplicity and inspiring wisdom, is about an Andalusian shepherd boy named Santiago who travels from his homeland in Spain to the Egyptian desert in search of a treasure buried in the Pyramids. It's all about taking risks which is something that you need to embed in your mind.















9. The eBay Business Handbook - Robert Pugh

This is a fantastic way of accumulating start up capital. Robert Pugh gives great advice and a step by step blueprint on how to make good money on eBay.














8. The Snowball - Alice Schroeder

In this book Alice Schroeder writes about the legend that is Warren Buffett. She goes into great depth on how he got to where he is today. His mindset, discipline, and strategies. Whether you wish to go into Stock trading or not it's worth a read.

  












7. The Intelligent Investor - Benjamin Graham

Benjamin Graham’s last line in The Intelligent Investor sums up the entire book in his trade-mark common-sense way: “ To achieve satisfactory investment results is easier than most people realize; to achieve superior results is harder than it looks.” This was the book in which Warren Buffett learned how to trade stocks. If that doesn't give you an incentive to read it, I don't know what will.




  

6. The 4-Hour Work Week - Timothy Ferriss

This book opened a whole new world for me, a new way of thinking; allowing me to find a balance between work and play. Tim is a great teacher with a very useful set of tools on his belt, and the ability to share his knowledge in a very easy, readable manner. This book is great for setting up a business which you eventually want to turn into passive income.


 

5. Rich Dad, Poor Dad - Robert T Kiyosaki

 This book is not just about money. It's about how we are taught to think; how we are programmed by schools, family, and friends to look at the rich as greedy no good bloodsuckers and opportunities as risks. It is an attempt to reprogram minds to look at why we do what we do.. why do we buy all these shoes, clothes, cars, jewelry.. have we earned it or are we just trying to maintain an image? 

 

4. Think And Grow Rich - Napoleon Hill

 Napoleon Hill was tasked by Andrew Carnegie to write a book on what made a successful person succeed, and he spent 20 years researching and interviewing every great name of the day (Ford, Woolworth, Edison, etc), plus lots of people who failed (because you have to know what doesn't work too). This book is the result. 



 



3. Trading In The Zone - Mark Douglas

This instantly became one of my favorite trading books, focusing on the psychology needed for trading as opposed to one's actual trading methodology and systems. If you currently trade or wanting to start trading, this is the book for you. 



  

2. Secrets Of The Millionaire Mind - T. Harv Eker

A extract from the book, one which opened up my mind, and heart.

"Your life is not just about you. It's also about contributing to others. It's about living true to your mission and reason for being here on this earth at this time. It's about adding your piece of the puzzle to the world. Most people are so stuck to their egos that everything revolves around me, me, and more me. But if you want to be rich in the truest sense of the word, it can't only be about you. It has to include adding value to other people's lives."

Make of it what you will.

 

  

1. The Secret - Rhonda Byrne

By far the best mindset and psychological book I have ever read in my entire life. I now realize how much control I have over my life, my relationships, my happiness, my circumstances...everything. I'm totally in charge of my life and I learned and am learning how to create what I want. 

   

This is my list, if you have a book you would like to recommend please leave a comment below as I would like to read as many books as I can!

Introduction To Pips And Tricks

Welcome to 'Pips And Tricks'

Within this blog we will be writing post and giving you information that you will ever need to succeed. Whether you are currently trading Forex, you want to begin trading Forex, or neither. What ever you current situation, if you take the time to read our posts, we can change your life in one way or another for the better. You may have read that and may have thought that I am quite arrogant, so I am going to tell you a bit more about myself to tell you I have a reason to make that claim.

I am James Fraser, currently 20 years of age. I work from home at my computer for, on average, 5 hours a week...Imagine. I started University studying Travel and Tourism Management on 12th September 2012 and dropped out 3 days later due to lack of interest. On the third day the lecturer told everybody that this wasn't the business to be in if you want lots of money, I closed my books, stood up and walked out because making 'lots of money' is all I wanted to do. From then on I was searching for something and found out that I could make money sitting at home with and cup of tea reading some charts. I studied for months and months until I was ready to open up a live trading account, and I have never looked back since. Foreign Exchange is my 'holy grail', it allows me to make insane returns with little to no work.  I work 2 hours a day, this means I can literally do whatever the hell I want, within the law, with the rest of the day. Surfing, flying, driving, photography, health and fitness to name a few hobbies I wish to take part in in my spare time...which is most of the time. Within the next few months I intend to purchase my dream car.

Jaguar F-Type V8

It's not all about the money. It's the money/time ratio which one has to focus on. On average I make 5% a month on my trading account, you'd struggle to get that in a bank for a whole year! For example, if you had a trading account of £50,000, you'd be able to return £2,500 a month. Now, working 1 hours a day, 5 days a week, 20 hours a month you'd be on £125 an hour. (Remember that this is average, some months you can be up 15% +£7,500 or down 5% -£2,500 due to market runs and down draws). To support this statement I am going to give you a example.

Mr. Banker is paid a salary of £75,000 a year and works 40 hours a week. This works out to be about £156 an hour. He is so exhausted from his 8 hour days at work that he can't do any of the things he enjoys doing.

Mr. Forex pays himself £30,000 a year and works 5 hours a week. This works out to be £125 an hour. He doesn't have anybody to answer to at work, he works small hours and he can do whatever he wants with his day.

Now you tell me who is the most wealthy!

What have we learned from this?  Money doesn't equal wealth, time equals wealth.

Although the banker is on more money, the currency trader has more time do the things he loves.

In the lessons to follow I will be elaborating hugely on all aspects of trading, from strategies to mindset and psychology.