good books on trading

andrewbee

Junior member
Messages
18
Likes
1
Hi,

Can anyone recommend any good books (for a relatively new trader) on TA, as it applies to futures trading?

Thanks
 
I would recommend 'Trading Day by Day' by Chick Goslin. A friend here recommended it to me and I still keep it in my car to read while waiting to pick up my future traders from school :)
 
how can u measure the value of a good book ?

by defining this book as "good"
by the price ?

your q. is quiet wrong.

your q. has to be :
Can I profit from a book on trading issues ?
 
Just bought 'Trading Day by Day' by Chick Goslin yesterday, arrived this morning .... £50 second hand.
 
Kinger said:
Just bought 'Trading Day by Day' by Chick Goslin yesterday, arrived this morning .... £50 second hand.

That's quick. But the reading won't be like that :)
 
Joe Ross stuff is pretty readable and very helpful.

Howzabout " Electronic Trading TNT 1...Gorilla Trading Stuff".

Lots of really good stuff in there, bit pricey though.
 
For those traders looking to design mechanical / statistical systems for futures markets, I would recommend the following:

Bob Pardo: Design, Testing, and Optimization of Trading Systems (or the newer version that just came out)
Any of the three books by Ralph Vince on money management for those interested in fixed fractional stuff.
Lars Kestner: Quantitative Trading Strategies
James Altucher: Trade Like a Hedge Fund
David Aronson: Evidence Based Technical Analysis: Applying the Scientific Method and Statistical Inference to Trading Signals
Some of Perry Kaufman's books are pretty good too.
Also for those with Tradestation, Thomas Stridsman's books (such as Trading Systems That Work) are decent intros to designing robust systems.

That's just off the top of my head. There are probably others.
 
in relation to futures trading, how about the following:

a. price action: dbphoenix's ebook
b. patterns trading: suri's trade chart patterns like the pros
c. trading set-ups: raschke's street smarts and nihabaashi's wrb analysis
d. vsa: tom's master the markets
 
I was told to only read books by people who actually trade eg Raschke, Schwager (ie his Wizard books), Darvas.
 
Before you look at any TA books you should start with Trading in the Zone by Mark Douglas which deals with the psychological issues of trading - way more important that any TA advice.
 
Before you look at any TA books you should start with Trading in the Zone by Mark Douglas which deals with the psychological issues of trading - way more important that any TA advice.

That's true Rock....somehow i've tried to select an indicator to support my biasness. I'm planning to get that book but not sure if the "Disciplined Trader" is a better one. What do you think?

cheers,
 
That's true Rock....somehow i've tried to select an indicator to support my biasness. I'm planning to get that book but not sure if the "Disciplined Trader" is a better one. What do you think?

cheers,

I haven't read DT, but several of the other traders in the Puretick.com trading room have said Trading in the Zone is the way to go - I found it very useful and reread parts of it regularly. High Probability Trading by Marcel Link is also good. Hope that helps.
 
I haven't read DT, but several of the other traders in the Puretick.com trading room have said Trading in the Zone is the way to go - I found it very useful and reread parts of it regularly. High Probability Trading by Marcel Link is also good. Hope that helps.

Marcel's book is a good one too. Thanks.
 
ai've read both DT and Trading in the Zone, i think the latter is much more practical and to the point
 
Top