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ignl
 

Registered: Sep 2011
Posts: 24

 

03-15-12 10:19 AM

New Concepts in Technical Trading Systems By Wilder is pretty famous and good book if you are into systems trading. Toby Crabel book could be another classic you might like.

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justrading
 

Registered: Apr 2011
Posts: 842

 

03-15-12 10:56 AM


Quote from ignl:

New Concepts in Technical Trading Systems By Wilder is pretty famous and good book if you are into systems trading. Toby Crabel book could be another classic you might like.



Which reminds me I have New Trading Systems and Methods by Kaufman. At 1,200 pages it was a lot of work getting through it, but I did. Now it just serves as a reference when I need to look at the finer points of anything.

Wilder's book would be a much easier read I think.

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Wide Tailz
 

Registered: Sep 2011
Posts: 1521

 

03-15-12 08:58 PM

My standard tech analysis text is Technical Analysis Explained by Pring, and The Wave Principle by Prechter and Frost.

I know, I know, Prechter aint what he used to be, but if you want the standard on elliot wave (which I consider to be VERY useful once you've mastered the compound nature and superposition of possible wave counts).

For system design in general, Tharp's Trade your way to Financial Freedom is a must read! The real issue always comes back to psychology, and Super Trader, again by Tharp, is excellent. I also like The Disciplined Trader by Douglas. It's taken me several years (and battle scars) to finally see the significance of what is in these last two.

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Kiwi-Trader
 

Registered: Apr 2011
Posts: 44

 

06-03-12 02:54 AM

The best books I have read
Alexander Elder Come into my Trading Room

Perry Kaufman New Trading Systems and Methods

Murray Ruggiero Cybernetic Trading Strategies

John Murphy Intermarket Analysis

Charles Mackay's Extraordinary Popular Delusions and the Madness of Crowds


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dom993
 

Registered: Jul 2008
Posts: 544

 

06-03-12 05:18 AM

- Dynamic Trading by Robert C. Miner is my personal favorite.

- Computer Analysis of the Futures Markets by Charles LeBeau & David W.Lucas is an (old) classic, very much into indicators-based systems.

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goodgoing
 

Registered: Jun 2009
Posts: 340

 

06-03-12 10:27 AM

Give 100 people the same book and 5% will claim is is the best they have read, 50% will claim it is average, 5% will claim it is garbage, and the remaining 40% will keep quite understanding that the less they talk the better it is for them. Do you people get the message or you will keep trolling forever? Who cares what you have read and what you thought about it? Do you have an equity curve to post? Some signals? Even luckyputanski in the journal section prefers to struggle with his large drawdown and posts trades. What are your intentions people here? To keep alive your presence and pump up your post count by posting your idiosyncratic understandings about what others write in books?

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