Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

Soultrader

New Interesting Trading Books?

Recommended Posts

All of you post some interesting trading books, but some of them are not new trading books as mentioned in the title thread, :o, just joking.

 

Another new trading book I'll mention is Bryce Gilmore's Price Action Manual - One Day at a Time 2007, another very practical S&P trading handbook. Bryce even offers his ES Price Action Chronicles Vol 1 for A$1 only.

Share this post


Link to post
Share on other sites
a very new trading book by suri duddella, "Trade Chart Patterns like the Pros", a very practical trading handbook if you like pattern trading, imho

 

Jesse:

I am already familiar with 95% of the patterns listed in the table of content. Do you think I will still benefit from reading the book ?

 

 

Thanks

Share this post


Link to post
Share on other sites
The Professional Commodity Trader by Stan Kroll.....

 

nice...I always get books for christmas, have to add this one to the list. I'm a sucker for any old book under 10 bucks.

Tops for my list are Steenbarger's last book, The Nature of Risk by Justin Mamis and Markets in Profile.

Barnes and Noble has the Way of the Turtle in the stores, if anyone is thinking of getting that I would read it there first. Really seemed pretty useless.

Share this post


Link to post
Share on other sites
All of you post some interesting trading books, but some of them are not new trading books as mentioned in the title thread, :o, just joking.

 

Another new trading book I'll mention is Bryce Gilmore's Price Action Manual - One Day at a Time 2007, another very practical S&P trading handbook. Bryce even offers his ES Price Action Chronicles Vol 1 for A$1 only.

 

lol oh yeah I must've missed that part...it was pretty late. LOL:embarassed:

Share this post


Link to post
Share on other sites

I have communicated with suri duddella personally from time to time over the years, he is a knowledgeable trader and programmer. He self-published the book and is not strictly an "author" as many are on the subject. It's amazing how many authors/promoters in this business do not even trade anymore. Maybe its not so amazing. There are even more traders who drop big $ on this stuff.

Share this post


Link to post
Share on other sites
All of you post some interesting trading books, but some of them are not new trading books as mentioned in the title thread, :o, just joking.

 

Another new trading book I'll mention is Bryce Gilmore's Price Action Manual - One Day at a Time 2007, another very practical S&P trading handbook. Bryce even offers his ES Price Action Chronicles Vol 1 for A$1 only.

 

Holy crap....250 bucks?!

Share this post


Link to post
Share on other sites
Holy crap....250 bucks?!

Consider that cheap. $250.00 is the electronic version, the hardcopy preceding this one by the same author used to sell for $850.00:o

Share this post


Link to post
Share on other sites

I see most folks here are into technical manual type books, but for a new stock trader "Reminiscences of a stock operator" and Cramers first book "Confessions of a street addict" are more fun than educational but worth the time.

Share this post


Link to post
Share on other sites
Jesse:

I am already familiar with 95% of the patterns listed in the table of content. Do you think I will still benefit from reading the book ?

 

 

Thanks

 

I would recommend the books by Thomas Bulkowski, he includes a lot of statistcial analysis as to what works and what doesn't, % successes etc. He also has a web site http://thepatternsite.com/

 

One caveat - he and others have suggested recently that classic patterns are failing more often than in the past, probably due to the numbers of people trying to trade them.

 

It also seems to be the cases that rather than totally failing many patterns are apparently failing but can be jumped into a little later (eg the apparent break up, which then breaks down, goes sideways and then suddenly resumes the direction originally expected.

Share this post


Link to post
Share on other sites

Check out the following link:

 

Amazon.com: Reading Price Charts Bar by Bar: The Technical Analysis of Price Action for the Serious Trader (Wiley Trading) (9780470443958): Al Brooks: Books

 

There is also a thread on price action with Al Brooks here on Traders Lab, couple that with all the free info. on Wyckoff in the wyckoff forum here, ie. reading price along with volume

havent found a book

reading chart bar by bar,

any help appreciated

thanks

Share this post


Link to post
Share on other sites

Forgive my cynicism, but most everything that is written and is for sale is being sold because it is yesterdays news. Nothing that truly would make you profitable is for sale. Could you imagine someone selling what really works.

As crazy as it may seem you'd have a much better chance of success by sticking to this site than by reading trading books. At least then you might run into some generous and sympathetic traders who want to pass on their knowledge / help.

Share this post


Link to post
Share on other sites
Forgive my cynicism, but most everything that is written and is for sale is being sold because it is yesterdays news. Nothing that truly would make you profitable is for sale. Could you imagine someone selling what really works.

As crazy as it may seem you'd have a much better chance of success by sticking to this site than by reading trading books. At least then you might run into some generous and sympathetic traders who want to pass on their knowledge / help.

 

I guess the thing to do then is to read books that deal with 'principles' or 'fundamental truths' about markets. There are some books that do contain a bit of 'wisdom' too.

Share this post


Link to post
Share on other sites
I guess the thing to do then is to read books that deal with 'principles' or 'fundamental truths' about markets. There are some books that do contain a bit of 'wisdom' too.

 

That's a good way to put it BlowFish. What are your top 3 or 4 books that have taught you those market principles? Thanks in advance.

Share this post


Link to post
Share on other sites
That's a good way to put it BlowFish. What are your top 3 or 4 books that have taught you those market principles? Thanks in advance.

 

All time favourite is Reminiscences (of a stock operator). After that it get's a bit more tricky. I started re-reading Market Wizard over Xmas, and am enjoying that for odd bit's of 'wisdom'. I always like stuff on price action Dunnigan is a favourite though Gann wrote good stuff on PA too. Studies in Tape reading ....I could start going on and on here so should stop. Looking at the title of the thread I see it is 'interesting' rather than 'useful' I go through phases of reading quite a lot that is 'interesting' but perhaps of limited (if any) use :D

 

I am inclined to agree with you, there is much that is good here on TL. Thales Real time thread, DBPhoenix's burrow spring to mind. Jperls market stats threads which opened my eyes to a whole other set of statistical principles.

Share this post


Link to post
Share on other sites
All time favourite is Reminiscences (of a stock operator). After that it get's a bit more tricky. I started re-reading Market Wizard over Xmas, and am enjoying that for odd bit's of 'wisdom'. I always like stuff on price action Dunnigan is a favourite though Gann wrote good stuff on PA too. Studies in Tape reading ....I could start going on and on here so should stop. Looking at the title of the thread I see it is 'interesting' rather than 'useful' I go through phases of reading quite a lot that is 'interesting' but perhaps of limited (if any) use :D

 

I am inclined to agree with you, there is much that is good here on TL. Thales Real time thread, DBPhoenix's burrow spring to mind. Jperls market stats threads which opened my eyes to a whole other set of statistical principles.

 

I too have read Schwager's books on fundamental and technical analysis, he is thorough. In fact his work introduced me to Thomas Demarks books and together with Jason Perls book on Demark Indicators I bought all 4, some really good stuff.

Have read Dunnigans "New Blueprints for Gains in Stocks and Grains & One Way Formula for Trading in Stocks & Commodities" it just didn't sink in with me, but maybe it's just me. Once I learned to look at the market in new ways some of those older books don't seem to strike a chord anymore, but who knows, down the road it may hit the spot.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • Date: 11th July 2025.   Demand For Gold Rises As Trump Announces Tariffs!   Gold prices rose significantly throughout the week as investors took advantage of the 2.50% lower entry level. Investors also return to the safe-haven asset as the US trade policy continues to escalate. As a result, investors are taking a more dovish tone. The ‘risk-off’ appetite is also something which can be seen within the stock market. The NASDAQ on Thursday took a 0.90% dive within only 30 minutes.   Trade Tensions Escalate President Trump has been teasing with new tariffs throughout the week. However, the tariffs were confirmed on Thursday. A 35% tariff on Canadian imports starting August 1st, along with 50% tariffs on copper and goods from Brazil. Some experts are advising that Brazil has been specifically targeted due to its association with the BRICS.   However, the President has not directly associated the tariffs with BRICS yet. According to President Trump, Brazil is targeting US technology companies and carrying out a ‘witch hunt’against former Brazilian President Jair Bolsonaro, a close ally who is currently facing prosecution for allegedly attempting to overturn the 2022 Brazilian election.   Although Brazil is one of the largest and fastest-growing economies in the Americas, it is not the main concern for investors. Investors are more concerned about Tariffs on Canada. The White House said it will impose a 35% tariff on Canadian imports, effective August 1st, raised from the earlier 25% rate. This covers most goods, with exceptions under USMCA and exemptions for Canadian companies producing within the US.   It is also vital for investors to note that Canada is among the US;’s top 3 trading partners. The increase was justified by Trump citing issues like the trade deficit, Canada’s handling of fentanyl trafficking, and perceived unfair trade practices.   The President is also threatening new measures against the EU. These moves caused US and European stock futures to fall nearly 1%, while the Dollar rose and commodity prices saw small gains. However, the main benefactor was Silver and Gold, which are the two best-performing metals of the day.   How Will The Fed Impact Gold? The FOMC indicated that the number of members warming up to the idea of interest rate cuts is increasing. If the Fed takes a dovish tone, the price of Gold may further rise. In the meantime, the President pushing for a 3% rate cut sparked talk of a more dovish Fed nominee next year and raised worries about future inflation.   Meanwhile, jobless claims dropped for the fourth straight week, coming in better than expected and supporting the view that the labour market remains strong after last week’s solid payroll report. Markets still expect two rate cuts this year, but rate futures show most investors see no change at the next Fed meeting. Gold is expected to finish the week mostly flat.       Gold 15-Minute Chart     If the price of Gold increases above $3,337.50, buy signals are likely to materialise again. However, the price is currently retracing, meaning traders are likely to wait for regained momentum before entering further buy trades. According to HSBC, they expect an average price of $3,215 in 2025 (up from $3,015) and $3,125 in 2026, with projections showing a volatile range between $3,100 and $3,600   Key Takeaway Points: Gold Rises on Safe-Haven Demand. Gold gained as investors reacted to rising trade tensions and market volatility. Canada Tariffs Spark Concern. A 35% tariff on Canadian imports drew attention due to Canada’s key trade role. Fed Dovish Shift Supports Gold. Growing expectations of rate cuts and Trump’s push for a 3% cut boosted the gold outlook. Gold Eyes Breakout Above $3,337.5. Price is consolidating; a move above $3,337.50 could trigger new buy signals. Always trade with strict risk management. Your capital is the single most important aspect of your trading business.   Please note that times displayed based on local time zone and are from time of writing this report.   Click HERE to access the full HFM Economic calendar.   Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!   Click HERE to READ more Market news.   Michalis Efthymiou HFMarkets   Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • Back in the early 2000s, Netflix mailed DVDs to subscribers.   It wasn’t sexy—but it was smart. No late fees. No driving to Blockbuster.   People subscribed because they were lazy. Investors bought the stock because they realized everyone else is lazy too.   Those who saw the future in that red envelope? They could’ve caught a 10,000%+ move.   Another story…   Back in the mid-2000s, Amazon launched Prime.   It wasn’t flashy—but it was fast.   Free two-day shipping. No minimums. No hassle.   People subscribed because they were impatient. Investors bought the stock because they realized everyone hates waiting.   Those who saw the future in that speedy little yellow button? They could’ve caught another 10,000%+ move.   Finally…   Back in 2011, Bitcoin was trading under $10.   It wasn’t regulated—but it worked.   No bank. No middleman. Just wallet to wallet.   People used it to send money. Investors bought it because they saw the potential.   Those who saw something glimmering in that strange orange coin? They could’ve caught a 100,000%+ move.   The people who made those calls weren’t fortune tellers. They just noticed something simple before others did.   A better way. A quiet shift. A small edge. An asymmetric bet.   The red envelope fixed late fees. The yellow button fixed waiting. The orange coin gave billions a choice.   Of course, these types of gains are rare. And they happen only once in a blue moon. That’s exactly why it’s important to notice when the conditions start to look familiar.   Not after the move. Not once it's on CNBC. But in the quiet build-up— before the surface breaks.   Enter the Blue Button Please read more here: https://altucherconfidential.com/posts/netflix-amazon-bitcoin-blue  Profits from free accurate cryptos signals: https://www.predictmag.com/ 
    • What These Attacks Look Like There are several ways you could get hacked. And the threats compound by the day.   Here’s a quick rundown:   Phishing: Fake emails from your “bank.” Click the link, give your password—game over.   Ransomware: Malware that locks your files and demands crypto. Pay up, or it’s gone.   DDoS: Overwhelm a website with traffic until it crashes. Like 10,000 bots blocking the door. Often used by nations.   Man-in-the-Middle: Hackers intercept your messages on public WiFi and read or change them.   Social Engineering: Hackers pose as IT or drop infected USB drives labeled “Payroll.”   You don’t need to be “important” to be a target.   You just need to be online.   What You Can Do (Without Buying a Bunker) You don’t have to be tech-savvy.   You just need to stop being low-hanging fruit.   Here’s how:   Use a YubiKey (physical passkey device) or Authenticator app – Ditch text message 2FA. SIM swaps are real. Hackers often have people on the inside at telecom companies.   Use a password manager (with Yubikey) – One unique password per account. Stop using your dog’s name.   Update your devices – Those annoying updates patch real security holes. Use them.   Back up your files – If ransomware hits, you don’t want your important documents held hostage.   Avoid public WiFi for sensitive stuff – Or use a VPN.   Think before you click – Emails that feel “urgent” are often fake. Go to the websites manually for confirmation.   Consider Starlink in case the internet goes down – I think it’s time for me to make the leap. Don’t Panic. Prepare. (Then Invest.)   I spent an hour in that basement bar reading about cyberattacks—and watching real-world systems fall apart like dominos.   The internet going down used to be an inconvenience. Now, it’s a warning.   Cyberwar isn’t coming. It’s here.   And the next time your internet goes out, it might not just be your router.   Don’t panic. Prepare.   And maybe keep a backup plan in your back pocket. Like a local basement bar with good bourbon—and working WiFi.   As usual, we’re on the lookout for more opportunities in cybersecurity. Stay tuned.   Author: Chris Campbell (AltucherConfidential) Profits from free accurate cryptos signals: https://www.predictmag.com/   
    • DUMBSHELL:  re the automation of corruption ---  200,000 "Science Papers" in academic journal database PubMed may have been AI-generated with errors, hallucinations and false sourcing 
    • Does any crypto exchanges get banned in your country? How's about other as Bybit, Kraken, MEXC, OKX?
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.