Trading for a Living by Dr. Alexander Elder

When I first found this book as a beginning trader, I fell in love with it. Definitely a book all traders should read. This is an in-depth book on trading psychology, market indicators, trading strategies, and money management. Without controlling your risk, a trader is desinted to fail. Dr. Alexander Elder focuses on the three M's of trading: Mind, Method, and Money.

I wrote to him once concerning a question I had about his trading and I recieved a reply the next day! He his a famous trader/speaker in the trading industry and also did a webinar with the Chicago Board of Trade which can be found in their archives. His writing style makes it interesting to learn about trading. Advanced traders may crave for more but I do recommend this to new and medium level traders.