What are the must read books on day trading?

Discussion in 'Educational Resources' started by ms33, Jun 3, 2016.

  1. Reminisces of a Stock Operator..........Edwin Lefevre.....published in 1922...timeless wisdom

    Simple Option Trading Options.......Billy Williams........good beginner book well written and only about $14 on Amazon....the figures were blurry but the explanations were clear

    Understanding Options .........Michael Sincere........good beginning book $11

    After these you can graduate to MacMillan's books they are much more $
    I also found that the magazine Stocks and Commodities is useful.
     
    #11     Jun 4, 2016
  2. Xela

    Xela


    I agree. (It's actually been re-published now, in a new edition under the title "Daytrading", but at least three-quarters of the content is the same.)
     
    #12     Jun 4, 2016
    speedo likes this.
  3. Sergio77

    Sergio77

    Daytraders are involved in a suckers game. Position traders can be profitable.
     
    #13     Jun 5, 2016
  4. That's a flawed assumption
     
    #14     Jun 5, 2016
    speedo likes this.
  5. qxr1011

    qxr1011

    imho there are no must read books on day-trading
     
    #15     Jun 5, 2016
  6. %%
    Well a word of warning is in order;
    T [Thomas]Boone Pickens said most CEOs care about shareholders as much as they care about a baboon!! LOL-LOL

    Best books are Top Traders books by Jack Schwager. I think the worst are M Douglas books, even though some like his books.Proverbs is a good one.MODERN TRADER is a helpful magazine[free to qualified traders]

    Cant really go by millions of sales numbers or popularity.WSJ has NEVER been half the newspaper of IBD [Investors Business Daily, founder featured in jack Scwager Top Traders books] Have taken them both...... Good question
     
    #16     Jun 6, 2016
    Handle123 likes this.

  7. How do you qualify ?
    I looked for it at Barnes and Noble last week and they did not have any.
     
    #17     Jun 6, 2016
    murray t turtle likes this.
  8. %%

    TX TrenderDallas;
    Google search Barnes + Noble Jack Schwager books[online]; wow they have those in hardcovers dirt cheap $1.99 to $39.99=what a spread LOL,[ much cheaper than AMZN. I bought mine new[except for his TopTrader hedge fund book; mine is used], that way J Schwager gets a royalty.
    Great reads + reReads, ReReads.....................................Wisdom IS PROFITABLE TO DIRECT
     
    #18     Jun 6, 2016
  9. Trading for a living by Alexander Elder is a comprehensive starting book.
     
    #19     Jun 8, 2016
    murray t turtle likes this.
  10. %%
    Mine has a red dust cover-good read also.
     
    #20     Jun 8, 2016