Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

Soultrader

New Interesting Trading Books?

Recommended Posts

All of you post some interesting trading books, but some of them are not new trading books as mentioned in the title thread, :o, just joking.

 

Another new trading book I'll mention is Bryce Gilmore's Price Action Manual - One Day at a Time 2007, another very practical S&P trading handbook. Bryce even offers his ES Price Action Chronicles Vol 1 for A$1 only.

Share this post


Link to post
Share on other sites
a very new trading book by suri duddella, "Trade Chart Patterns like the Pros", a very practical trading handbook if you like pattern trading, imho

 

Jesse:

I am already familiar with 95% of the patterns listed in the table of content. Do you think I will still benefit from reading the book ?

 

 

Thanks

Share this post


Link to post
Share on other sites
The Professional Commodity Trader by Stan Kroll.....

 

nice...I always get books for christmas, have to add this one to the list. I'm a sucker for any old book under 10 bucks.

Tops for my list are Steenbarger's last book, The Nature of Risk by Justin Mamis and Markets in Profile.

Barnes and Noble has the Way of the Turtle in the stores, if anyone is thinking of getting that I would read it there first. Really seemed pretty useless.

Share this post


Link to post
Share on other sites
All of you post some interesting trading books, but some of them are not new trading books as mentioned in the title thread, :o, just joking.

 

Another new trading book I'll mention is Bryce Gilmore's Price Action Manual - One Day at a Time 2007, another very practical S&P trading handbook. Bryce even offers his ES Price Action Chronicles Vol 1 for A$1 only.

 

lol oh yeah I must've missed that part...it was pretty late. LOL:embarassed:

Share this post


Link to post
Share on other sites

I have communicated with suri duddella personally from time to time over the years, he is a knowledgeable trader and programmer. He self-published the book and is not strictly an "author" as many are on the subject. It's amazing how many authors/promoters in this business do not even trade anymore. Maybe its not so amazing. There are even more traders who drop big $ on this stuff.

Share this post


Link to post
Share on other sites
All of you post some interesting trading books, but some of them are not new trading books as mentioned in the title thread, :o, just joking.

 

Another new trading book I'll mention is Bryce Gilmore's Price Action Manual - One Day at a Time 2007, another very practical S&P trading handbook. Bryce even offers his ES Price Action Chronicles Vol 1 for A$1 only.

 

Holy crap....250 bucks?!

Share this post


Link to post
Share on other sites
Holy crap....250 bucks?!

Consider that cheap. $250.00 is the electronic version, the hardcopy preceding this one by the same author used to sell for $850.00:o

Share this post


Link to post
Share on other sites

I see most folks here are into technical manual type books, but for a new stock trader "Reminiscences of a stock operator" and Cramers first book "Confessions of a street addict" are more fun than educational but worth the time.

Share this post


Link to post
Share on other sites
Jesse:

I am already familiar with 95% of the patterns listed in the table of content. Do you think I will still benefit from reading the book ?

 

 

Thanks

 

I would recommend the books by Thomas Bulkowski, he includes a lot of statistcial analysis as to what works and what doesn't, % successes etc. He also has a web site http://thepatternsite.com/

 

One caveat - he and others have suggested recently that classic patterns are failing more often than in the past, probably due to the numbers of people trying to trade them.

 

It also seems to be the cases that rather than totally failing many patterns are apparently failing but can be jumped into a little later (eg the apparent break up, which then breaks down, goes sideways and then suddenly resumes the direction originally expected.

Share this post


Link to post
Share on other sites

Check out the following link:

 

Amazon.com: Reading Price Charts Bar by Bar: The Technical Analysis of Price Action for the Serious Trader (Wiley Trading) (9780470443958): Al Brooks: Books

 

There is also a thread on price action with Al Brooks here on Traders Lab, couple that with all the free info. on Wyckoff in the wyckoff forum here, ie. reading price along with volume

havent found a book

reading chart bar by bar,

any help appreciated

thanks

Share this post


Link to post
Share on other sites

Forgive my cynicism, but most everything that is written and is for sale is being sold because it is yesterdays news. Nothing that truly would make you profitable is for sale. Could you imagine someone selling what really works.

As crazy as it may seem you'd have a much better chance of success by sticking to this site than by reading trading books. At least then you might run into some generous and sympathetic traders who want to pass on their knowledge / help.

Share this post


Link to post
Share on other sites
Forgive my cynicism, but most everything that is written and is for sale is being sold because it is yesterdays news. Nothing that truly would make you profitable is for sale. Could you imagine someone selling what really works.

As crazy as it may seem you'd have a much better chance of success by sticking to this site than by reading trading books. At least then you might run into some generous and sympathetic traders who want to pass on their knowledge / help.

 

I guess the thing to do then is to read books that deal with 'principles' or 'fundamental truths' about markets. There are some books that do contain a bit of 'wisdom' too.

Share this post


Link to post
Share on other sites
I guess the thing to do then is to read books that deal with 'principles' or 'fundamental truths' about markets. There are some books that do contain a bit of 'wisdom' too.

 

That's a good way to put it BlowFish. What are your top 3 or 4 books that have taught you those market principles? Thanks in advance.

Share this post


Link to post
Share on other sites
That's a good way to put it BlowFish. What are your top 3 or 4 books that have taught you those market principles? Thanks in advance.

 

All time favourite is Reminiscences (of a stock operator). After that it get's a bit more tricky. I started re-reading Market Wizard over Xmas, and am enjoying that for odd bit's of 'wisdom'. I always like stuff on price action Dunnigan is a favourite though Gann wrote good stuff on PA too. Studies in Tape reading ....I could start going on and on here so should stop. Looking at the title of the thread I see it is 'interesting' rather than 'useful' I go through phases of reading quite a lot that is 'interesting' but perhaps of limited (if any) use :D

 

I am inclined to agree with you, there is much that is good here on TL. Thales Real time thread, DBPhoenix's burrow spring to mind. Jperls market stats threads which opened my eyes to a whole other set of statistical principles.

Share this post


Link to post
Share on other sites
All time favourite is Reminiscences (of a stock operator). After that it get's a bit more tricky. I started re-reading Market Wizard over Xmas, and am enjoying that for odd bit's of 'wisdom'. I always like stuff on price action Dunnigan is a favourite though Gann wrote good stuff on PA too. Studies in Tape reading ....I could start going on and on here so should stop. Looking at the title of the thread I see it is 'interesting' rather than 'useful' I go through phases of reading quite a lot that is 'interesting' but perhaps of limited (if any) use :D

 

I am inclined to agree with you, there is much that is good here on TL. Thales Real time thread, DBPhoenix's burrow spring to mind. Jperls market stats threads which opened my eyes to a whole other set of statistical principles.

 

I too have read Schwager's books on fundamental and technical analysis, he is thorough. In fact his work introduced me to Thomas Demarks books and together with Jason Perls book on Demark Indicators I bought all 4, some really good stuff.

Have read Dunnigans "New Blueprints for Gains in Stocks and Grains & One Way Formula for Trading in Stocks & Commodities" it just didn't sink in with me, but maybe it's just me. Once I learned to look at the market in new ways some of those older books don't seem to strike a chord anymore, but who knows, down the road it may hit the spot.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • It depends. If you have lots of money that you can buy a house without a loan and if you don't have any parents to sponsor then it is a good idea. Otherwise it might be a bad idea depending where in Canada you are heading to. I earned a good middle income in my home country and I migrated to Vancouver 5 years ago at the age of 35. I had to start right from the bottom, lowest of the low.. Now i am finally earning a middle income in Canada but I still cannot afford to buy a one bedroom apartment. Having left behind friends, family and home, most of the times I think it is not worth it.   In short, do not migrate if you already have a good life in your home country and you are happy. Only migrate to Canada if you really have to leave your home country say there is a war or something really bad. Discrimination still exists here and its really tough for newcomers unless you are super rich. Good luck. David Chong, Quora  
    • This is bigger than the internet. Bigger than mobile. Bigger than social media.   While everyone was distracted by stock market fluctuations and political theater…   Most people have NO IDEA what just happened last week with ChatGPT.   Their new memory feature allows ChatGPT to remember EVERYTHING about you across all your conversations.   Think about that for a minute...   While most tech companies have been collecting mere breadcrumbs about you - your likes, your clicks, your browsing history - OpenAI is now collecting the most valuable dataset in human history: your complete psychological profile.   This is Zuckerberg x 5,000.   The more you use ChatGPT, the more it understands you, becoming a supercharged reflection of yourself that improves at an exponential rate.   Are you a regular ChatGPT user?   Consider whether it’s time to turn off the “you can train on my information” feature. To prevent your data from being used for training while still using the memory feature:   Disable Model Training: Navigate to Settings > Data Controls. Toggle off "Improve the model for everyone". Manage Memory Settings: Go to Settings > Personalization > Memory. Here, you can: Turn off memory entirely. Delete specific memories. Use Temporary Chat for sessions that won't be saved or used for training. Now the investment implications…   Why This is Bigger Than You Think Consider this: the relationship between humans and ChatGPT is evolving beyond a mere tool.   People are now treating these AI assistants as friends, confidants, and even romantic partners.   I'm not making this up - there are already documented cases of people ending real human relationships to pursue “connections” with their AI companions.   A viral Instagram meme shows a person going through life with a glowing, featureless humanoid figure - representing ChatGPT - as their companion.   The post has over 1.1 million likes and comments like "Bro ChatGPT is like my best friend. Ain't even ashamed to say it" with 25,000 likes.   But here's where things get really interesting for investors and entrepreneurs...   Three Things to Watch For starters, hardware is the next big thing for the big players.   The iPhone form factor is dead.   It hasn't meaningfully changed in nearly a decade. The next evolution in hardware will be designed specifically to interface with these AI companions.   OpenAI is already working on hardware with Johnny Ive, the legendary designer behind the iPhone and iPod. But you can’t ignore Elon Musk’s edge here.   So what does all of this mean for you?   The companies that control the personal AI relationships will be worth trillions. OpenAI and Elon Musk will have the coziest moats. We're witnessing the birth of a new internet - one built on agents that can communicate with each other across platforms. Google's new agent-to-agent protocol allows AI agents to work together without sharing internal memories or tools. The hardware companies that create the perfect interface for these AI companions will dominate the next decade of technology. And almost nobody is talking about what this means.   My prediction? Within five years, most people will have a personal AI that knows them better than anyone else. And they will interact with it in ways that seem foreign today.   (And, yes, it will almost certainly have dystopian elements.)   In the meantime, the biggest gains won’t come from household names. And, right now, James is seeing a prime opportunity to invest in the most under-the-radar plays in AI…   For dirt cheap. By Chris C. Source: https://altucherconfidential.com/posts/use-chatgpt-protect-yourself-now
    • KBH KB Home stock, nice day and rally off the 50.82 support area, from Stocks to Watch at https://stockconsultant.com/?KBH      
    • KBH KB Home stock, nice day and rally off the 50.82 support area, from Stocks to Watch at https://stockconsultant.com/?KBH      
    • KBH KB Home stock watch, attempting to move higher off the 50.82 support area at https://stockconsultant.com/?KBH    
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.