I got a request asking about interesting books which can teach how to trade properly. Now I would like to share with you my list- the best Authors and Books from my point of view. I read these books, and I should say they gave me priceless knowledge and experience. I saved a lot of time and became a better trader very quickly. The same I wish you!
Don't forget that you always have a choice: - Make your own mistakes, do your own research, and study trading by yourself - Read books and get knowledge, experience from them. This way allows you to move much faster!
Knowledge is one of the most part of profitable trading!
Recommended Books and Authors:
Jack D. Schwager
“Getting Started in Technical Analysis”
“Market Wizards, Updated: Interviews With Top Traders”
“The New Market Wizards: Conversations with America’s Top Traders”
“Stock Market Wizards: Interviews with America’s Top Stock Traders”
Alexander Elder
“The New Trading for a Living: Psychology, Discipline, Trading Tools and Systems, Risk Control, Trade Management”
“Entries & Exits: Visits to 16 Trading Rooms”
Curtis Faith
“Way of the Turtle: The Secret Methods that Turned Ordinary People into Legendary Traders”
Steve Nison
“Japanese Candlestick Charting Techniques, Second Edition”
“Beyond Candlesticks: New Japanese Charting Techniques Revealed”
Kathy Lien
“Day Trading and Swing Trading the Currency Market: Technical and Fundamental Strategies to Profit from Market Moves”
“Millionaire Traders: How Everyday People Are Beating Wall Street at Its Own Game”
Brett N. Steenbarger
“The Psychology of Trading: Tools and Techniques for Minding the Markets”
“The Daily Trading Coach: 101 Lessons for Becoming Your Own Trading Psychologist”
P.S. I hope I won't be banned for this list. Also, if you read interesting books which are not in this list, please share them in comments.
Thank you very much for useful post! :-) I really like Anna Coulling - A complete guide to volume price analysis. This really helped me to understand a lot, amazing book!
UnknownUnicorn3997345
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And after reading all those books.... you've probably just wasted days of your time. xD
RiskOn
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You should be ashamed of yourself for not including Mark Douglas.
DLavrov
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@RiskOn, sorry, but I could not read all books, I had to pick the most interesting for me in that moment.
javierpedrozab
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Mark Douglas.
"-The Disciplined Trader"
"Trading in the zone"
DLavrov
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@javierpedrozab, interesting! Thanks for adding these books!
javierpedrozab
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@DLavrov, you are welcome, keep going with the good work.
Greetings
TheSmiley1
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Your posts are always enlightening to read and sound advice to follow. Thanks for the recommendations. Looks like I have some reading to do!
I would add:
Schabacker - TA and Stock Market Profits (a classic)
Bulkowski - Encyclopedia of Chart Patterns (excellent reference, with percentage probabilities for confirmations and invalidations)
Cavel - The Complete Turtle Trader (i see someone else also recommends, great for the conservative "trend" trader)