top 10 books and top 10 gurus on trading

Discussion in 'Professional Trading' started by Andross, Oct 8, 2012.

  1. Andross



    Im a complete NOOB, I wanted to learn how to trade

    what are the top 10 books to learn how to trade from beginning to advance?

    and who are the top 10 gurus on the internet Example: dan zanger, Larry Williams, William o'neil.

    I appreciate it everyone. thank you in advance
  2. ChaosN


    First off, you need to know what kind of trader you want to be. There are huge differences in what you need to learn based on what kind of trading your doing. If your doing pairs trading with an average holding period of a month, then you need to read a very different set of books compared to the trader who is scalping the futures market with an average holding period of 45 seconds.

    With that in mind, the first book I'd recommend is
    1. Enhancing Trader Performance - Brett Steenbarger

    It may be the most important on this list because it will give you a solid process for improving your trading, from amateur, to competent, to expert. Based on your question, I'd say Enhancing Trader Performance is the first book you should read.

    If you want my top books, then I'm going to say
    1. Enhancing Trader Performance - Brett Steenbarger
    2. The Logical Trader - Mark Fisher
    3. Reminiscences of a Stock Operator - Edwin Lefevre
    4. The Psychology of Trading - Brett Steenbarger
    5. Way of the Turtle - Curtis Faith
    6. Trading in the Zone - Mark Douglas
    7. Markets in Profile - James Dalton

    Other then that, if you want to become a trader, another question is if you have any programming background. It's not strictly required, but programming is definitely a skill I wish I had a better grasp of before I started learning how to trade.
    Good Luck