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 344,144 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

  #481 (permalink)
LaserChicken
Cheltenham, United Kingdom
 
Posts: 5 since Jul 2019
Thanks Given: 1
Thanks Received: 9

Thanks a lot for these, I have been looking for some more reading material!

Reply With Quote

Can you help answer these questions
from other members on NexusFi?
The space time continuum and the dynamics of a financial …
Emini and Emicro Index
Are there any eval firms that allow you to sink to your …
Traders Hideout
Exit Strategy
NinjaTrader
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
My NT8 Volume Profile Split by Asian/Euro/Open
NinjaTrader
 
  #482 (permalink)
nikto
Düsseldorf , Germany
 
Posts: 85 since May 2016
Thanks Given: 92
Thanks Received: 60

Mind over Markets - James Dalton

Fooled by Randomness- Nassim Nicholas Taleb

The Black Swan- Nassim Nicholas Taleb

Reply With Quote
  #483 (permalink)
Streebeck
Frankfurt
 
Posts: 37 since Nov 2012
Thanks Given: 0
Thanks Received: 1


i am a big fan of "old-school" trading books
imho they are much better than the new ones (ie it's better to use the classic instead of the copy)

eg
Perry Kaufman
William Eng
Steve Nison
Robert Miner

...

Reply With Quote
Thanked by:
  #484 (permalink)
 
AllSeeker's Avatar
 AllSeeker 
Mumbai, India
Legendary Pratik_4Clover
 
Experience: Beginner
Platform: TradingView & ZerodhaKite
Trading: NIFTY, BANKNIFTY
Frequency: Daily
Duration: Minutes
Posts: 1,423 since Jan 2019
Thanks Given: 5,245
Thanks Received: 5,006

This isn't trading per say book but very important for anyone who is interested in financial markets to read, I say that so people can get better understanding of how and from where this financial market is driven. This was what I read in 2017 as my Uni had it in their library, but its good light hearted fun

Money and Power: How Goldman Sachs Came to Rule the World
By William D. Cohan

Visit my NexusFi Trade Journal Reply With Quote
Thanked by:
  #485 (permalink)
 smtlaissezfaire 
Oakland, CA
 
Experience: Intermediate
Platform: Phone
Trading: US Treasuries Futures
Posts: 83 since Jun 2018
Thanks Given: 95
Thanks Received: 120

I'm appreciative of this thread. This is obviously a very good list of books recommended over time, by many, covering a list of different topics that seems to apply to various trading styles.

I'm curious: what books specifically would be recommended for an active, intraday, non-algo, directional trader in the us bonds futures? Aside from steidlmayer/dalton on market profile and japanese candlesticks, and pivot boss (which is an excellent book) are there any other sources that people regularly use?

Some of the books recommended so far are algo based, some are mechanical, some are options based, some are general purpose (understanding wall st, etc); yet none of these are good for an active, intraday, discretionary futures trader aside from market profile books. So...I'm looking for recommendations on new ways to look at the market.

Also - has someone compiled a list of all the books mentioned here?

Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
  #486 (permalink)
 sixtyseven 
Golden Bay, New Zealand
 
Experience: Beginner
Platform: Sierra Chart
Trading: ES, NQ
Posts: 186 since May 2012
Thanks Given: 851
Thanks Received: 337

Thinking in Bets - Annie Duke is currently cheap on Amazon Kindle,

Reply With Quote
  #487 (permalink)
 
vmodus's Avatar
 vmodus 
Somewhere, Delaware, USA
 
Experience: Intermediate
Platform: MultiCharts
Broker: Barchart.com
Trading: Everything, it all tastes like chicken
Posts: 1,271 since Feb 2017
Thanks Given: 2,958
Thanks Received: 2,853

The latest book that I recommend is: Building Winning Algorithmic Trading Systems, by Kevin Davey



I just finished reading it this morning and did not want to pass judgement until I finished. This book is honest, well written and edited, and relatable. There is no hubris, no fluff, and no BS.

Although the primary audience is those who want to learn to build or get better at building algorithmic systems, I wanted to see if there was anything in the book that is useful for discretionary traders. Here are two items for discretionary traders:
  • Chapter 25 is pure gold, providing archetypes of different types of people you may come across in the trading world, how to identify them, and hopefully avoid them.
  • Kevin offers a path for discretionary traders to algorithmic trading, if that is a
For those of us who are algorithmic traders, this book has a ton of value. It is sobering, but realistic. The methodology is solid. There is ton of information to absorb and there is not a lot of fluff. You may be surprised by the amount of tracking and analysis that is required, so if you are lazy about doing the grunt work, you might get discouraged.

If you are a discretionary trader, I would borrow it to read. If you are an algorithmic trader or an aspiring one, this should be in your library.

~vmodus

Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
  #488 (permalink)
 
SMCJB's Avatar
 SMCJB 
Houston TX
Legendary Market Wizard
 
Experience: Advanced
Platform: TT and Stellar
Broker: Advantage Futures
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals and Crypto.
Frequency: Many times daily
Duration: Never
Posts: 5,041 since Dec 2013
Thanks Given: 4,375
Thanks Received: 10,192


vmodus View Post
The latest book that I recommend is: Building Winning Algorithmic Trading Systems, by Kevin Davey



I just finished reading it this morning and did not want to pass judgement until I finished. This book is honest, well written and edited, and relatable. There is no hubris, no fluff, and no BS.

Although the primary audience is those who want to learn to build or get better at building algorithmic systems, I wanted to see if there was anything in the book that is useful for discretionary traders. Here are two items for discretionary traders:
  • Chapter 25 is pure gold, providing archetypes of different types of people you may come across in the trading world, how to identify them, and hopefully avoid them.
  • Kevin offers a path for discretionary traders to algorithmic trading, if that is a
For those of us who are algorithmic traders, this book has a ton of value. It is sobering, but realistic. The methodology is solid. There is ton of information to absorb and there is not a lot of fluff. You may be surprised by the amount of tracking and analysis that is required, so if you are lazy about doing the grunt work, you might get discouraged.

If you are a discretionary trader, I would borrow it to read. If you are an algorithmic trader or an aspiring one, this should be in your library.

~vmodus

I like you @vmodus read this book just to see if there was anything in there I could learn that would make me better in my own trading which was not algorithmic in the way that Kevin (aka @kevinkdog) trades. I was also very impressed with the book for similar reasons. This was actually the beginning of a friendship and over the last several years I have actually had the pleasure of meeting Kevin several times. He's as nice, genuine (,and humble) in real life as anybody you could hope to meet.

Reply With Quote
  #489 (permalink)
 kevinkdog   is a Vendor
 
Posts: 3,647 since Jul 2012
Thanks Given: 1,890
Thanks Received: 7,338


vmodus View Post
The latest book that I recommend is: Building Winning Algorithmic Trading Systems, by Kevin Davey



I just finished reading it this morning and did not want to pass judgement until I finished. This book is honest, well written and edited, and relatable. There is no hubris, no fluff, and no BS.

Although the primary audience is those who want to learn to build or get better at building algorithmic systems, I wanted to see if there was anything in the book that is useful for discretionary traders. Here are two items for discretionary traders:
  • Chapter 25 is pure gold, providing archetypes of different types of people you may come across in the trading world, how to identify them, and hopefully avoid them.
  • Kevin offers a path for discretionary traders to algorithmic trading, if that is a
For those of us who are algorithmic traders, this book has a ton of value. It is sobering, but realistic. The methodology is solid. There is ton of information to absorb and there is not a lot of fluff. You may be surprised by the amount of tracking and analysis that is required, so if you are lazy about doing the grunt work, you might get discouraged.

If you are a discretionary trader, I would borrow it to read. If you are an algorithmic trader or an aspiring one, this should be in your library.

~vmodus

Thanks for the nice review. I'm glad you like the book!

Follow me on Twitter Reply With Quote
Thanked by:
  #490 (permalink)
 kevinkdog   is a Vendor
 
Posts: 3,647 since Jul 2012
Thanks Given: 1,890
Thanks Received: 7,338



SMCJB View Post
I was also very impressed with the book for similar reasons. This was actually the beginning of a friendship and over the last several years I have actually had the pleasure of meeting Kevin several times. He's as nice, genuine (,and humble) in real life as anybody you could hope to meet.

Thanks for the kind words @SMCJB - I enjoyed hanging out with in New York, Cleveland and Houston!!!

Kevin

Follow me on Twitter Reply With Quote
Thanked by:




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