NexusFi: Find Your Edge


Home Menu

 





Some highly recommended books


Discussion in Traders Hideout

Updated
      Top Posters
    1. looks_one Fat Tails with 49 posts (98 thanks)
    2. looks_two Big Mike with 37 posts (82 thanks)
    3. looks_3 wh with 13 posts (15 thanks)
    4. looks_4 cunparis with 13 posts (31 thanks)
      Best Posters
    1. looks_one SMCJB with 2.7 thanks per post
    2. looks_two cunparis with 2.4 thanks per post
    3. looks_3 Big Mike with 2.2 thanks per post
    4. looks_4 Fat Tails with 2 thanks per post
    1. trending_up 342,183 views
    2. thumb_up 727 thanks given
    3. group 264 followers
    1. forum 527 posts
    2. attach_file 47 attachments




 
Search this Thread

Some highly recommended books

  #361 (permalink)
 Yukoner 
Vancouver Island, Canada
 
Experience: Advanced
Platform: T4, IB, TD Ameritrade
Broker: Stage5
Trading: ES CL RTY Stocks
Posts: 58 since Nov 2013
Thanks Given: 163
Thanks Received: 130


Boomer34 View Post
This books looks really interesting...Might pick it up for the holidays...I'll report back.

@Boomer34 would love to know what you think of the book.

Follow me on Twitter Reply With Quote

Can you help answer these questions
from other members on NexusFi?
My NT8 Volume Profile Split by Asian/Euro/Open
NinjaTrader
Request for MACD with option to use different MAs for fa …
NinjaTrader
ZombieSqueeze
Platforms and Indicators
NexusFi Journal Challenge - April 2024
Feedback and Announcements
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Retail Trading As An Industry
58 thanks
Battlestations: Show us your trading desks!
55 thanks
NexusFi site changelog and issues/problem reporting
48 thanks
What percentage per day is possible? [Poll]
31 thanks
GFIs1 1 DAX trade per day journal
29 thanks

  #362 (permalink)
iamdave
Czech republic
 
Posts: 1 since Oct 2013
Thanks Given: 0
Thanks Received: 0

Hi, I'm looking for a book containing information about exchange itself. Not indicators, not strategies, not psychology, not money management. I've been reading information about those things but I need to understand the principles of exchange. Well I understand them but not in a way I would like to. I really want to know what is happening on exchange and how it all works in real. Not just see charts, lines etc. I would like to know for example how banks trade on exchange or what influence has FED on exchange, what exactly is happening when I go "short", etc.. I hope you understand me what I'm looking for :-)

Thank you

P.S. sorry for my english :-)))

Reply With Quote
  #363 (permalink)
kriedd
spokane, wa
 
Posts: 38 since Jan 2014
Thanks Given: 2
Thanks Received: 13


I like Toni Turner's books especially for beginners.

Reply With Quote
The following user says Thank You to kriedd for this post:
  #364 (permalink)
searchman
los angeles, ca., u.s.a.
 
Posts: 6 since Jan 2014
Thanks Given: 5
Thanks Received: 3

I believe the following books have been very useful to me. Perhaps they may be to you.
1. Logical trader by Mark B. fisher
2. Candlestick and pivot point trigger by John Person
3. Mastering the trade by John Carter
4. Works by James Dalton
5. Dr. Al Brook's Books
6. Peter Steidlemayer's book
7. Frank Ochoa's Secrets of Pivot Boss

Reply With Quote
The following 2 users say Thank You to searchman for this post:
  #365 (permalink)
 
Massive l's Avatar
 Massive l 
OR/USA
Legendary /NQ Trader
 
Experience: None
Posts: 2,129 since Mar 2011
Thanks Given: 1,859
Thanks Received: 5,106

After almost 5 years of trading, I bought my first book. (audio)
Mark Douglas' Trading in the Zone

To be honest, I received it free through audible.
I couldn't pass up the free trial.

After years of trading, I've experienced all of the pitfalls he talks about.
If you are a novice, you may understand what he's saying, but you
really don't know until you handle the trials and tribulations from years
of trading yourself. I'm not sure you can actually avoid these pitfalls
until you've felt the pain they bring to begin with. Either way, it's a great
read (listen) for novices and advanced traders alike.

Visit my NexusFi Trade Journal Reply With Quote
The following 6 users say Thank You to Massive l for this post:
  #366 (permalink)
 
Pepe2000's Avatar
 Pepe2000 
Bratislava, Slovakia
 
Experience: Advanced
Platform: Sierra Chart, NinjaTrader
Trading: NQ, YM, ES
Posts: 94 since Sep 2012
Thanks Given: 12
Thanks Received: 111

Hi guys, can you recommend some good books about selling options? Preferably in electronic format for kindle. There are lot of them on amazon, but I am not sure which one (or 2-3) is the best. I am newbie and would like to find out more about this topic. The book (´s) should contain some basics + the basic strategies used (Iron Condor etc.). Thanx in advance.

Follow me on Twitter Reply With Quote
  #367 (permalink)
 
sands's Avatar
 sands 
London + UK
 
Experience: Advanced
Platform: Proprietary Analytics
Broker: Multiple broker + Multiple feed
Trading: Currently European and US equities
Posts: 443 since Dec 2013
Thanks Given: 257
Thanks Received: 234

On basics I'd have to say John Hull is a classic very clear and concise on the basic strategies and the details behind them. more theoretical, I'd go that way first and then look for something more advanced. Otherwise there's a lot of free websites online, of course that's a little more time consuming.

Reply With Quote
The following user says Thank You to sands for this post:
  #368 (permalink)
 Stops5 
Tampere/Finland
 
Experience: Intermediate
Platform: Sierra Chart
Broker: Edge Clear
Trading: Futures
Frequency: Daily
Duration: Days
Posts: 90 since Mar 2011
Thanks Given: 296
Thanks Received: 91

I have read many trading books from market wizards to the daily trading coach and it's interesting that I have learned more about trading from books and other sources which are not about trading. Trading books are good for basic trading education and inspiration, but that's it. The most valuable understanding is easier to get from other books (psychology, human mind, thinking, biology, peak performance) because you have to think the subject more deeply and how it affects trading.

Daniel Kahneman: Thinking fast and slow
Jonah Lehrer: How we decide
Dan Ariely: Predictably irrational
Eric Ries: The lean startup
Simon Sinek: Start with why
Simon Sinek: Leaders eat last
Wikipedia: list of cognitive biases, list of fallacies, behavioral economics, neuroeconomics, decision making, irrationality

Reply With Quote
The following 2 users say Thank You to Stops5 for this post:
  #369 (permalink)
 
sands's Avatar
 sands 
London + UK
 
Experience: Advanced
Platform: Proprietary Analytics
Broker: Multiple broker + Multiple feed
Trading: Currently European and US equities
Posts: 443 since Dec 2013
Thanks Given: 257
Thanks Received: 234


Peke5 View Post
I have read many trading books from market wizards to the daily trading coach and it's interesting that I have learned more about trading from books and other sources which are not about trading. Trading books are good for basic trading education and inspiration, but that's it. The most valuable understanding is easier to get from other books (psychology, human mind, thinking, biology, peak performance) because you have to think the subject more deeply and how it affects trading.

Daniel Kahneman: Thinking fast and slow
Jonah Lehrer: How we decide
Dan Ariely: Predictably irrational
Eric Ries: The lean startup
Simon Sinek: Start with why
Simon Sinek: Leaders eat last
Wikipedia: list of cognitive biases, list of fallacies, behavioral economics, neuroeconomics, decision making, irrationality

A lot of traders find the emotional/psychological part tough.
The best way to reduce that problem that I've seen many many professionals use is to focus on technique and to make trading a mechanical process and to stick to that process consistently. It is then largely free of psychology, well as much as it can be when you have your own money on the line :-)

Reply With Quote
The following user says Thank You to sands for this post:
  #370 (permalink)
dougrkyle
indianapolis in usa
 
Posts: 16 since Aug 2013
Thanks Given: 0
Thanks Received: 3



iamdave View Post
Hi, I'm looking for a book containing information about exchange itself. Not indicators, not strategies, not psychology, not money management. I've been reading information about those things but I need to understand the principles of exchange. Well I understand them but not in a way I would like to. I really want to know what is happening on exchange and how it all works in real. Not just see charts, lines etc. I would like to know for example how banks trade on exchange or what influence has FED on exchange, what exactly is happening when I go "short", etc.. I hope you understand me what I'm looking for :-)

Thank you

P.S. sorry for my english :-)))


A lot of this can actually be found on the actual exchange website. Just need to dig in there deep and read the long boring stuff......

Reply With Quote





Last Updated on October 12, 2023


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts