I have a lot of respect for SMB Capital and am an avid consumer of anything they produce whether it be blog posts, webinars, books etc. Mike's prior book 'One Good Trade' was excellent.
Im trying to decide whether to get his latest book on Kindle or hard cover. I would prefer to get it on kindle but am worried that if it has a lot of charts and diagrams in it, it would be better getting the hard cover. I try to avoid kindle books if I know they're going to have charts in them.
If it's anything like his prior book, I would expect it to be predominantly text.
You donít trade the markets; you only trade your beliefs about the markets.
- Van K Tharp
I bought the hardback version as a sample I read had charts. Would not recommend Kindle for this one, as plenty of graphics.
Still working through book but can certainly recommend it. Lots of relevant material for trading and invaluable experience sharing on Bella's part.
I stopped reading book for now only because I had to read a library book before return. This book, also by an ex SMB guy is actually also extremely valuable - maybe the most valuable trading book I have ever read!! NO exaggeration.
The Art and Science of Technical Analysis by Adam Grimes. A very thick book that needs detailed study, but very well written indeed. Did I say it was recommended? Some may baulk at cost but just a few ticks on the ES. I have my own copy on order.
The following user says Thank You to RichardHK for this post:
Specifically any help you can offer in that thread with the author's contact info (sometimes I can get it from publisher, sometimes not). I try to invite them on for webinars.
Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.
Need help? 1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first. 2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses. 3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make. 4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance. 5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers. 6) Help using the forum? Watch this video to learn general tips on using the site.
If you want to support our community, become an Elite Member.
I want to thank you all for your great book recommendations and of course @Big Mike for making all this happen.
I don't have a new book to add so I'll just say that the books with the greatest impact on my thinking and trading were those of Al Brooks. I have read the classical books of technical analysis (Edwards/Magee, Pring, Murphy) so I had some basic knowledge but Al Brooks really changed the way I approach markets.
After that, it all comes down to psychology. This thread has provided me with a list of excelllent books on psychology and I would recommend "trading in the zone" (douglas) and "psychology of trading","Enhancing trader performance" from Steenbarger. Next in my reading list is "daily trading coach" and a dozen other books about psychology that I found here.
So, my contribution is a list with all the books that have been suggested in this thread and it can be found here:
I have read a couple of the books on the list (High Probability Trading Strategies by Robert Miner). I have Trading in the Zone and The Disciplined Trader (Douglas), and Fibonacci Trading (Boroden) to read. Does anyone have any good suggestions for candlestick trading?