If you had to throw one book out...

The Way of the Warrior Trader

The Way of the Warrior Trader! - by Richard McCall.

My trading was at an alltime low back in 2002 when i bought that book, and it didnt help...

JeanM said:
"The Way of the Warrior Trader" by Richard McCall.
I found his A.C.T.I.O.N plan good when I was suffering from analysis paralysis!

Accept .... all possible losses before entering the battle.
Centre .... yourself in body, mind and spirit.
Trust ....... your warrior skills and instincts.
Imagine ....success clearly in your minds eye.
Only ..........exist in the present moment to control fear.
Never .......stop or look back once action has begun.
Click to expand...
But this must of been the funniest post i read this year:

TheBramble said:
A - Always go in the opposite direction you were originally going to.
Unless you catch yourself thinking this first. In which case, go in the opposite direction.

C - Close your winning position as soon as you breakeven to avoid potential losses.

T - Take SB to court for widening the spread and spiking the price just as you hit the buy/sell button.

I - am never going to do that ever again - once I get my next tranche of trading capital together.

O - my God. How the hell did that happen! I only went to make a cup of coffee.

N - Never enter a trade without being ready to change your timeframe if it goes against you.
Click to expand...
 
Alan Farley's "Master Swing Trader". Far and away the biggest pile of brown smelly stuff ever.
 
Joe Ross ...not because he does not have anything useful to say...just never come across so much damn 'padding' in a book before...
 
A book by anybody who has not gone out of their way to at least show they have been successful. The books mentioned above are prime examples of this principle......
 
sorry to sound harsh - apologies in advance. ANY book pretending to divulge the holy grail of trading. Learning how to trade from a book is a bit like learning politics and social science from Mein Kampf. Whether u luv it or hate it it is still ONE MAN's views. MY OPINION ONLY! :)

I am willing to make only one exception. If u want to trade listed options u need some basic math knowledge to see how Greeks are defines etc..... And that is where it shud stop EVEN with regard to option trading.
 
Alan Farley gets my vote too

The only one of the 35 or so trading books i have started to read and never got more than half way through.

Total rubbish in my opinion.

I even felt guilty selling it second hand on Amazon.
 
awoodj said:
I even felt guilty selling it second hand on Amazon.
Click to expand...

I wouldn't worry about it. There are loads of people who think it is great, you probably read some of those reviews and recommendations before buying the book yourself.

The book I am least happy about spending money on also gets the popular vote, but for me, I just got mind numbingly bored and never finished it. I guess his style just isn't for me.

Marc Rivalland on Swing Trading

I head a lot of good reviews and recommendations, that's why I bought it - anyone wanna buy a copy in good condition?
 
'The Trading Rule That Can Make You Rich' by Edward D. Dobson. Published by The Traders Press Inc. I defy anyone to come up with a more useless and overpriced book than this!
Tim.
 
The Guts and Glory of Day Trading: True Stories of Day Traders Who Made (or Lost) $1,000,000

This is a classic! Got given it for Xmas a few years ago....Ho Ho Ho!
 
"Por que os pescadores de caranguejo perdem as camisas deles em reversões afiadas" Emillio Stundabaras
 
I have got 2 books by Elder.

Come into My Trading Room

Trading for a Living.

Neither one has helped me in my trading and either one could be thrown out.

BTW, they are in mint condition. If anyone wants to buy them just PM me.

I also have Techniques of Tape Reading for sale too.

A good read but I am not a great reader and I hate clutter. Again, for sale.
 
Most of them

The more one searches for trading information on the web and the more one becomes experienced in any particular market, it becomes patently obvious that most trading books deliver very little if anything further than you can get for free.

Most trading books retail in the UK for a minimum of around £40. Writers/publishers target certain markets such as trading or books on software, where they believe they can get away with inflated prices.

Unfortunately most trading books are only available from online shops, so you don't usually have a chance to browse them and have to rely on online reviews, which may be "planted" by supporters of the author/publisher.

I would recommend a potential buyer to take the contents page shown on Amazon and see if they can use it as a guide to researching their own content from the web for each of the content entries. It will probably be as good as, if not better than, the original.

The only good thing about a trading book is that you can take it to the coffee shop to read there, but otherwise I would throw out most of them.



Charlton
 
Last edited by a moderator:
TheBramble said:
"Por que os pescadores de caranguejo perdem as camisas deles em reversões afiadas" Emillio Stundabaras
Click to expand...

Is that the title? Not, exactly, the essence of brevity, is he?

Split
 
Chess Master Trading by Chump ...Just as soon as I have written it and got the publishing cheque banked....you could say just as soon as I have Chequemate ;)
 
You must log in or register to reply here.

Similar threads

Racer
Leaders and the crowd
Replies
4
Views
3K
ducati998
D
Q
If you had to choose 1 Trading Psychology book . . .
2
Replies
20
Views
4K
Ponce
P
R
Throwing in the towel
2
Replies
36
Views
6K
Ninja_Trader
Ninja_Trader
J
The Wild Card That Can Throw Your Crypto Trading Strategy Off
Replies
1
Views
695
MasterOfCoin
MasterOfCoin
E
New Arcade - What Do You Think?
Replies
16
Views
4K
james6848
J
Top