If You Could Only Recommend 1 Trading Book?

[treadstone]

One book isn't enough, though I would encourage you to read the following;

Reminiscences of a Stock Operator - Edwin Lefevre
Studies in Tape Reading - Richard Wyckoff
Enhancing Trader Performance - Breet Steenbarger
Trading in the Zone - Mark Douglas

You should be aware however that if all you do is read books about trading rather than actually trade, you'll become little more than a knowledgeable amateur. I refer you to an entry in DbPhoenix's blog regards the practice of becoming a trader;

http://www.traderslaboratory.com/forums/blogs/dbphoenix/36-the-trading-log.html

[AgeKay]

-"Way of the Turtle" by Curtis Faith. (It's not about the turtles or trend following what make this book so good. It's the psychology, discussion on robust trading systems and thinking on profitable trading)

If you need more:

- "Trade Your Way to Financial Freedom" by Van K. Tharp (I hate the title of the book though)
- "Evidence-Based Technical Analysis" by David Aronson (cuts through all the bullshit in trading)

For fun and education:

-"Reminiscenes of a Stock Operator"
- "Market Wizards" Books

[charef]

I think volume-price spread, technique is the Key
so I suggest
1. Undeclared Secrets of the Stock Market - Tom Williams
2.The Wyckoff Course in Stock Market Science & Technique - Richard Wyckoff

[brownsfan019]

	Quote:	AgeKay
	-"Way of the Turtle" by Curtis Faith. (It's not about the turtles or trend following what make this book so good. It's the psychology, discussion on robust trading systems and thinking on profitable trading)

This is the worst book on trading ever. Of course, I think Faith and his outside view of being a turtle (since never being one) just shows how arbitrary trading ideas can be.

[smwinc]

Easy - Your own trading journal.

[AbeSmith]

Undeclared Secrets of the Stock Market - Tom Williams

Anyone have a copy of this book?

[AbeSmith]

	Quote:	AbeSmith
	Undeclared Secrets of the Stock Market - Tom Williams Anyone have a copy of this book?

Got it. Reading it now.

[tradergirl]

Yes a good question. I believe it should be Stan Weinsteins "Secrets for Profiting in Bull & Bear Markets". If you aim at reading more than one book in your trading career and you're a beginner, reading, studying and applying whats in this book will put you a long way ahead of the majority of market participants. Very best of luck!
Tradergirl

[Tenerifetone]

	Quote:	Nvesta81
	as the title says, if you could only recommend 1 trading book, which would it be? I've only read about 3 so far and to be honest I haven't found much value in them. Most of what I've learned I had to learn the hard way, from trial and error and just plain screen time. I'm looking to expand my knowledge as much as I can so I'd like to buy a new trading book. I'm hoping some of you more experienced traders can lend me a hand and point me in the right direction. Thanks.

'New Frontiers in Fibonacci Trading' by Michael jardine is a very good book. Well worth reading it should help. It did for me.