Just Read Trading Books

Why waste time reading hundred and thousand books available on trading that are low in content and not practical. Here are just 4 books that will make you a better trader or investor. With great content the books are easy to understand and practical in real world.

So, here is just list of 4 books that you must read :

1.

This is about Jesie C Stine trader who turned $46k to $6.8 million in 28 months (14,972%). The book is mostly about longer-term swing trading (trades lasting weeks to months) of momentum stocks with some sort of catalyst. In contrast to most other trading strategies of this kind, fundamental analysis is tenant of Stine’s success. The book gives insight to how stocks how media houses uses news to manipulate stocks. With many charts and examples of the stocks traded by the author the book has much useful content for readers .

2.

Mark Minervini is one of America’s most successful stock traders; a veteran of Wall Street for nearly 30 years. To demonstrate the capabilities of his SEPA® methodology, in 1997, Minervini put up $250,000 of his own money and entered the U.S. Investing Championship. Trading against stock, futures and options traders, he traded a long only stock portfolio to win the real-money investment derby with a 155% annual return, a performance that was nearly double the next nearest competing money manager.

Mark explains the importance of having a trading plan and reminds us about the importance of having a risk-first approach to trading and explains why cutting losers short is the most important element in trading. Mark’s explains his SEPA strategy and VCP pattern. With full of charts and the explanation how the stocks move the book is really a masterpiece in understanding the art of trading stocks.

If you liked the book Think & Trade Like A Champion by Mark Minervini is a little extension to the book Trade Like A Stock Market Wizard.

3.

Only book that you need for chart patterns. This book is an excellent starting point for novice traders that covers every major topic in technical analysis. In addition to covering chart patterns and technical indicators, the book takes a look at how to choose entry and exit points, developing trading systems, and developing a plan for successful trading. These are all key elements to becoming a successful trader and there aren’t many books that combine all of this advice into a single book.

4.

Candlestick chart is one of the best chart for trading. This book is the definitive volume on candlestick charting, which is one of the most commonly used technical analysis tools. Prior to Nison’s work, candlestick charting was relatively unknown in the West. He helped publicize the technique and train institutional traders and analysts at top investment banking firms. The book offers a thorough explanation of the subject, including explanations of virtually all candlestick patterns that are used by traders today.

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