|
Top Stock Trading Books
Bookstore
shelves literally buckle with books that promise to teach you how
to make good short-term money by trading in the stock market. Each
provides a slightly different approach to trade. and you can pick
you poison: day trading, swing trading, momentum trading options
trading, and yes, even “investing.”
What these books
rarely contain and what we hope to include on this Web site, are
trading strategies directed at specific stocks with real-time
videos of how it was done. But, books can be useful. The7
They provide a
background of information and techniques that can be both
practical and applicable. here are a few that are among the better
sellers (in no particular order).
The Master Swing
Trader: Tools and Techniques to Profit from Outstanding Short-Term
Trading Opportunities.
The Master Swing
Trader explains how traders can use technical analysis, charting,
and market sentiment to make trades that hold through price
fluctuations and noise with wider stops. This guide to making
profitable short-term trades uses dozens of charters and graphs to
illustrate swing trading concepts and strategies. Experienced day,
position, and online traders may benefit from this work.
Electronic Day
Traders’ Secrets
This book
features what it calls, “exclusive and entertaining” interviews
with several experienced day traders who talk about how they
started trading and who share tips and strategies for becoming a
successful electronic day trader. It’s a pretty good book, for my
money, because it’s long on the important fundamental rules of
successful trading and skimpy on those boring charts and graphs
that are surfeit in many trading volumes.
Reminiscences of
a Stock Operator
This timeless,
classic investment book was first published in 1923 and is a
slightly fictionalized account of the life of the legendary
trader, Jess Livermore, a man highly regarded as one of the
shrewdest traders and speculators of all time. Despite the fact
that it was written nearly a century ago, it continues to offer
valuable insights into the art of trading and speculation.
Market Wizards
In this work,
the author interest and explores the thinking tactics and
strategies of some of the world’s most successful traders. In
doing so, the author gives you a perspective into the minds and
attitudes of some very successful traders and how they achieved
their success. The book is also very entertaining and written in a
non-technical style.
Stock Patterns
for Day Trading
This book deals
with a number of basic trading strategies include a scalping
method designed to capture rapid small profits, intraday trend or
momentum trading to benefit from large price movements and a swing
trading method for trading over a two-to-five day time horizon.
Technical
Analysis of Stock Trends
Widely regarded
to be a leading reference book in the area of technical analysis.
This book, now in its 8th edition, the book is said to
be important for anyone who trades based on charting and other
marketing directional indicators. The book describes such mattes
as the Dow Theory, support and resistance, trendlines and other
stock chart patterns and technical analysis tools.
Marc Rivalland
on Swing Trading
Marc Rivalland,
author of “the Trader” column in Investors Chronicle, shows
how swing charts can be used to perfect market timing. Moreover,
Rivalland reveals his “secret” modifications to Gann swing charts
which, he says, make them even more effective for stock market
traders.
How Markets
Really Work: A Quantitative Guide to Stock Market Behavior
Offers more than
850 practical, easy-to-use historical probabilities on the most
commonly traded market scenarios. For years, traders and investors
have been using unproven assumptions, says the author of this
work, about popular patterns such as breakouts, momentum, new
highs and lows, market breadth, and other variables. The author
claims he has a better way.
Technician’s
Guide to Day and Swing Trading
A complete
handbook for day and swing traders looking to improve their
understanding of market dynamics, uncover securities with the
highest probability of substantial, near-term price movement, and
then select profitable entry and exit points with greater
precision. A CD-ROM is included. |