I agree with most of the posts, books, even the good ones can only give you some food for thought and direction to focus your work. You might find some ideas in Raschke and Connor's Street Smarts and Jeff Coopers Hit and Run Trading, in addition to Ross and Volman. Brooks will give you a headache but he understands price behavior.
i know books ain't everything,but i need to have enough knowledge to begin making my own strategy in trading alot of people recommend "brooks" but i saw his book and doesn't sound easy to follow !
Amazon.com: Traders of the New Era Expanded: Interviews with a Select Group of Day and Swing Traders Who are Still Beating the Markets in the Era of High Frequency Trading and Flash Crashes eBook: Fernando Oliveira, Leandro Oliveira, Joel Elconin: Kindle Store A comparatively recent and accurate overview through interviews, though what works changes quicker and quicker. The author has been a winning trader who posts under the name Daal on http://Elitetrader.com and can be messaged there. However, there is no book that a beginner can read and then go out and win. Technological progress and information flow has accelerated and there are not many mom and pop winners anymore. I knew maybe 15 winners 15 years ago and none win now; most prop forms have closed, etc Most gurus-for-hire are hustlers who may have once won but often not. Many books are bad or severely outdated. The best chance for most people is to develop a personal relationship with a winning trader(s), which most can never do. However, this should be your goal. *If you do this, let me know (smile & wink) I will guess you do not have the supper math/science background to get hired by Renaissance Technologies, but this is as sure a road to wealth as I can think of. This firm has created more billionaires than any I can think of. Another long shot for most would be to try for an interview at Sesqhanna International. A legit education and a job. Be very, very careful of putting up money at prop firms unless you have a personal relationship with a winning trader at that firm, then of course go for it! Most prop firms over promise and if they have winners, those winners rarely want to create competition if they are working a strong angle/glitch. Yes… sometimes there are anomalies, loopholes, etc that simply print money.. almost every day! But when they happen, it is an incredible longshot you will hear of them. Why would you? Example: the old SOES Bandits. Conclusion: Try for personal relationships with winning traders who CURRENTLY have an edge. Extremely hard to do. Obvious reasons.
ET’s very own ........give a big hand...to...to...Lawrence-Lugar. He has been MIA. Maybe he will come back if he finds out he is in the book. If not, no problem he may come back anyway. He said he is writing his own book and due out in August, i believe it was.......