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What are the best books on trading?
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Joined: 3/20/2006(UTC)
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Hello there!
I am wondering what everyone is considering the best books on trading? Can anyone let me know of their opinions? I have a huge collection of trading books which I need to sort according to their relevance to the practice of trading. If anyone wants to take a look hit me up at charl_irvine@yahoo.com or ICQ: 212966036
Looking forward to hear from you,
Charl
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Rank: Advanced Member
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Joined: 9/10/2004(UTC)
Posts: 863
Location: Salt Lake City, UT
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Wow Charl... there is a loaded question. I too have a book shelf bulging with books. Funny thing is that while some of them are excellent, some of them simply restate the same stuff that other books have already put out there...
As far as recommending books... What I think is useful might not be what you think is useful. I do like the Technical Analysis from A to Z book because it is more like an encyclopedia of indicators...
Hopefully someone else can shed light here...
:) M
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Rank: Advanced Member
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If you care about trading, then that will probably lead you into someone's personal experiences. There are a lot of successful traders who have books on the market. I like Wm O'neal and A. Elder. Both men have several books.
If you're talking about technical analysis, I think one of the newest and greatest books out is by G. Morris. You can find his stuff on the Equis Sales list too.
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Rank: Advanced Member
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Joined: 10/12/2005(UTC)
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Location: Brooklyn,NY
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I personally rank the books about personal experiences struggles in learning to trade the markets really high,because thats what this experience has turned to for me.I started with the holy grail---then found out it didnt work.Then I went in search of it.--6years later still yet to find it.Then I find out its been with me all along----me ----.I have been my own worst enemy and could be my own best friend as long as I stick to my stops.(I guess I'm just venting a little-bad day today).
So as for books,not in order of prefrence but my favorites-Remeniscences Of A Stock Operator,Market Wizards 1 and 2 .
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A book I like is by Nic Darvas called "how I made $2000000 in the stock market. I use the system although it may not be for everyone but in general the story he tells of his trials and errors are great and will help people new or old to the markets
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I feel Market Wizards 1 and 2 are the best . These two books take you through the different methods of successful traders.Ultimately you have to choose a style that suits you.
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Do the books explaine there methods in detail? Thanks
Nicety
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Rank: Advanced Member
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If you are asking about Market Wizards then no. The books are written in interview style. I think that book 1 is by far the best of the two.
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