5 stars based on
What has helped me personally have been two books which gives insights on how trading for a living psychology pdf guys who made it did it. Market Wizards - Jack Schwager. Reminiscences of a stock operator- Edwin Lefevre. Market wizard series by Jack Schwager is a must for anyone dabbling the market to understand common principles shared by the most successful traders.
Trading in the zone by Mark Douglas is also a classic which gives insights into the psychological part of the trading. The first and most important book to read is Market Wizards by Jack D. Again, this is a very interesting book written by a non-market man. Strategies for Success by William F. This book is about trading itself. It covers everything trading for a living psychology pdf technical analysis from Moving Averages to even Astrology!
It's a must read - let me warn you it's a serious book. For my fourth book, I'd like to recommend a book which mostly deals in options trading. McMillan and covers most everything you need to know about options. The fifth book is not really a book trading for a living psychology pdf trading, it's a book about psychology and you.
This should get you through your difficult trading days. For more info you can visit http: Thinking fast and slow - Daniel Kahneman. Markets are more often than not puts you in a stressful situation when you need to make a quick decision. Suggest you read this book to help you understand your own thought process and how you can sharpen it when you need to make a decision when you are stressed.
The book also talks of Prospect Theory Will be getting all of the books the above gentlemen have mentioned… presonally am big fan of Dr Alexander Elder… http: First one gives a very simple introduction to chart patterns, support and resistance, pivots and technical trading ideas with real life examples.
Being a novice in this field, it was of great help to me. Second is little advanced. Firs of all, thank you for this wonderful question. I'd like to add one more name to the list. A very amazing book on trading psychology. The Disciplined Trader by Mark Douglas. Reading all the books, studying technical indicators, are just forecasting tools to make your broker more money. Trading is a speculative game and no amount of books or indicators can give you the answers to place your bet.
I personally like Technical Analysis A-Z by Steven Achelis, gives a great insight on the technical tools and indicators.
Once you select your indicator, you can read books which talk specifically only about that indicator. As far as psychology is concerned, I have never read anything as good as Trading in the Zone by Mark Douglas.
The best book is you and your experience. As warren buffet is a professional trader he told one simple formula: Which are the top 5 books one should read to become a better trader? Market Wizards - Jack Schwager Reminiscences of a stock operator- Edwin Lefevre Both are not really in the Indian context, but the rules of the game are the same.
Alexander Elder Entries and Exits - Dr. Bulkowski First one gives a very simple introduction to chart patterns, support and resistance, pivots and technical trading ideas with real life examples.
Trading and Exchanges Market Micro structure for Trading for a living psychology pdf - trading for a living psychology pdf In the end you are always going to loose money.