Here is a short list of books I've read and recommend. I am not a big reader of books in print, I tend to prefer on-line methods... but nonetheless, these are great reads and contain a lot of information that helped me.


My favorite to read, and the one where I tended to relate the most, was Martin Schwartz's "Pit Bull". The other books are on every trader's "must have" list, so if you haven't read them already, then do yourself a favor and pick them up. The last one is a compilation of chart patterns and how to trade them by Suri Duddella, it is a fantastic reference to understand what is going on behind your favorite indicators.

Mike

1 Place

Reminiscences of a Stock Operator by Edwin Lefevre

Its a classic book for for pleasant reading.

2 Place

Locked-in Range Analysis: Why most traders must lose money in the futures market by Tom Leksey

Very hard to read and understand because it is a textbook. And textbook should be studied and taught. But this book will give you a correct understanding of market structure and the real causes of price movements.

Main Mistake of a Trader:

Failure to understand who you are: a professional or an amateur
A professional has a command of trading technique which he can describe, apply and change.
An amateur can tell you how he works, but will never explain why.

So without education you can be only an amateur. If you want to be a professional you neen to learn. You can learn by self (long time) or with the help of others (short time)

Trading in the Zone: Master the Market with Confidence, Discipline & a Winning Attitude by Mark-Douglas