I would stay away from anything with specific techniques or methods at first. All the classics listed on this sites Books "Classics" section are excellent. It is more important to look for the right attitude and mind set first. After that any good method will do. This is a mistake that most beginners make but if you can get the right attitude in the beginning it will pay you wisely in the end.
Hi V-Viper, If you didn't know yet what "random" means, a number of well intended ET fellows just gave you a demo. In truth, as you are going to find out, the cult of "randomness" is taken quite seriously on ET threads. I hardly know of a more furiously discussed topic. As I would like to contribute something though, dbphoenix's ideas are right on the mark. You will have to do your homework to get there V-Viper. I wish you the best, nononsense
Book list!! A Complete Guide to the Futures Markets: Fundamental Analysis, Technical Analysis, Trading, Spreads, and Options! by Jack D. Schwager (Author) (Hardcover - June 1984)Schwager's textbooks while not specifically about spreads are comprehensive and complete about futures. This book has a small section about trading commodity futures spreads. Seasonality: Systems, Strategies, and Signals ! by Jake Bernstein (Author) (Hardcover - April 1998)Jake is a trader but this is not a trading book like Rossâs Spreads and Seasonals!. Jake explains how Seasonal patterns are the heart of consistent profits in trading spreads. As long as summer follows winter, we will have tradable cycles. Trade Your Way to Financial Freedom ! by Van K. Tharp,Tharp is about Winning. Chapter 5 has a section on Spreading as well as Seasonal Tendencies.
Hi James just got your book today in the mail. I read it in about 2 hours. Not a bad book. I'm have found one simple new strategy in the book that will pay for the book many times over. On the other hand, the statistical significance of some of the strategies (15 trades in 10 years) is really not strong enough and some of the strategies merit a more detailed description. While you can summarize a Gap strategy easily in a couple of pages, a trend following strategy can not. In that sense I was shocked in how you treated the turtle method. Where is the money management feature of the turtle system ? Anyway, still a useful book. Curious to see how long the strategies will remain profitable. OLiver
Start out with the psychology first then worry about the technicals... Dr. Ari Kiev is a great read(s) he has a few books out. Heard alot of good things about Mark Douglas but I have never read him Market wizards by Schwartz Both Sperandeo books Murphy on market interrelation Stan Weinstein William O'Neil Definitely go with the interlibrary loan on most, after you read them then decide if you want to buy.
The 21 Irrefutable Truths of Trading By John Hayden Exceptional Trading-The Mind Game By Ruth Roosevelt Long Term Secrets to Short Term Trading by Larry Williams
The classics are the best - that's why they are classics. Read Livermore, Baruch and Darvas - and Market Wizards I and II, if you want some "new" books.
Yes, your right about Baruch's book - but the correct title is: "My Own Story". P.S. Have you sold some books?