before spending any money on this read: http://arxiv.org/find/grp_physics,grp_math/1/au:+Ilinski_K/0/1/0/all/0/1?per_page=100 the book is based on many of his papers. Is it useful? Well, that has been debated many times on various forums, however the conclusion appears to invariably be the same... http://www.nuclearphynance.com/Show Post.aspx?PostIDKey=99478 http://www.nuclearphynance.com/Show Post.aspx?PostIDKey=41287
beyond fear and greed -hersh shefrin lots of 'ah hah' moments. if you like the psych you'll find it very interesting.
It depends what you're looking for in a "trading book". Advice? or just a memoir? Operator and Wizards are excellent. Frank Oz had a great book/journal. It did not help me, but it was a great journal because it was done during the dot com peak. That was the interesting thing about it. I can't remember the name of it. If you read it, read it as a memoir, not advice. I don't care what anyone says, but I really enjoyed reading Timothy Syke's book. Taylor Trading Technique, Black Swan, and Fooled by Randomness are dry, but required reading.
Without going overboard with shameless promotion, and having read many, many of the trading books out there over the years (the good and the bad), I will simply say I have outlined the way I actually trade the ES market in a new book called "Professional Day Trading and How to win.." (listed on Amazon) which among other things includes real trading examples/account statement verification, etc in an effort to show how "theory translates to actual trading results," so to speak, within realistic trading goals and expectations. My goal was to write a book about trading from a "real traders point of view" that I have simply never seen presented in other books before, and so far I have received some very satisfying positive feedback to know that the material has been of use to others as well. I would say if anyone is looking for a unique look into "one persons view of real trading," this is the type of book I have put together, and of course feel can be of use to other traders...
The Disciplined Trader By Mark Douglas I can't believe you can buy it for $10 on Amazon now, worth its weight in Gold. http://www.amazon.com/Disciplined-T...7578/ref=sr_1_1?ie=UTF8&qid=1289447029&sr=8-1
Probably because most trading books are available for free via p2p. There's a torrent with 100's of trading books. Too bad all trading books suck.
True, but not all are bad. Also, we all have to start somewhere, otherwise the wheel would have to be reinvented every time.