The interview contains legendary traders like of Paul Tudor Jones, Ed Seykota, Richard Dennis, and etc. This is a follow-up to the earlier Market Wizard book and is written in the same format.

The only difference is this book focuses on American traders, whereas the earlier book has traders from all around the world. Well, this is a biography of Jesse Livermore, possibly the most famous trader of all time, on how he speculated the financial markets. Also, there are a lot of detailed explanations regarding the strength and weaknesses of buyers and sellers.

I took a while to finish reading the first time as some of the technical terms were hard to grasp at the start especially for new traders. William J. He uses a trading strategy called the CANSLIM method which combines both technical and fundamental analysis, which is covered in this book. The CANSLIM system is relatively easy to understand even for those with little fundamental analysis background. Also, the charts presented are relatively small and hard to see.

If you want to learn how to trade stocks using both technical and fundamental analysis, then this book is for you. He uses a similar trading approach to the CANSLIM system, which combines both technical and fundamental analysis. Now, there can be different types of books out there, such as price action books, fundamental analysis books, and risk management books. Because in this book, Andreas Clenow will show you how to do it step by step, explaining the full details of his momentum trading strategy.

This is for traders who want to learn more about systematic stock trading. The idea behind it is, it explains what Trend Following is about without leaving you confused by the technical jargon out there.

This is the first book that got me started on Trend Following. It explains the concept of what Trend Following is about and how hedge funds use this approach to make their millions. Plus, it includes the track record of these hedge funds which proves the validity of Trend Following. This book explains the Trend Following methodology backed by real evidence based on actual results.

Traders who want to get started in Trend Following. A true story of how a group of random people is selected for a special trading program. They had a 2-week crash course on trading and are left on their own afterward.

They made millions. And this book reveals the story behind it, what they did, and the trading strategy they used. This book is easy and entertaining to read. And it goes deep into the Trend Following methodology covering risk management, entries, exits, and more.

Traders who want to get started on Trend Following. This is the first book Andreas Clenow wrote which explains how a simple trading strategy Trend Following can beat a buy and hold approach, consistently. Not only does Andreas Clenow uses statistical evidence and backtested results to back up his claims, he also walks you through the trades the strategy would have executed and the psychological aspect of trading, on a year by year basis. So, if you just want to focus on the stuff that matters, then start with these Technical Analysis books….

This book is written in a textbook style covering the essentials of technical analysis like chart patterns, candlesticks, and etc.

It might give the illusion that all technical analysis is all you need. But in reality, you need much more than that.

This book takes on the traditional aspect of technical analysis and gives it a whole new spin — by backing it up with statistics. In my opinion, this book is a gem as Adam Grimes has done all the hard work for you. This book feels like an amazing combination of one of the best price action books out there, and one of the best systems trading books out there.

A simple book that shares practical trading concepts and techniques. Plus it includes a quiz at the end of each chapter so you can test yourself. Unlike the higher timeframes, day trading is fast paced and requires you to make quick decisions. An entertaining read that gives you a real insight into the world of proprietary trading something that is rarely spoken about. Because this book focuses solely on price action trading and is written by Bob Volman, an independent forex trader.

This gave me an insight I never thought of before. From there, you can formulate a plan for your trading day. This book is relevant for futures day traders. This book dives deep into how the Forex market works by explaining the participants in the Forex market and their reason for trading. Then, it tells you why the odds are stacked against you the retail trader and how you can apply specific trading strategies to level the playing field.

However, the tricky part is finding trading systems that work and with proven backtest results. So here are some Systems Trading books with specific trading rules and backtest results, check it out….

Unholy Grail — A New Road to Wealth. Every trading system is backtested over 10 years and across different market conditions including the financial crisis. Short-term Trading Strategies That Work. Mean Reversion Trading System: Practical Methods for Swing Trading.

Plus, it gives you the code of each trading system on Amibroker so you can do your own backtesting. This is a good place to start your trading journey: TradingwithRayner Academy. Thanks for sharing these lists. Minervini, Ryan, Zanger and Ritchie. Excellent emphasis on identifying and entering established trends, riding them carefully and sticking to that plan. Gary Dayton a Very book dealing with the mindset of a trader. Check it out On your list I have read several books.

Technical Analysis of the futures markets , Market Wizards, and Reminiscences of a Stock Operator. Nice collection of good books to read here. Thanks as always Rayner. Entertaining read with good examples on how to catch a big move. It helps you to tune yourself on the right trading mindset.

Thanks for sharing. Quick and fun read, and the first book that really drove home the math of trading for me. Thanks for this great list of trading books Rayner! There are definitely some great ones on that list. Anything by Larry Williams is worth reading. Great list of books that you have. I own some of the books listed and have to agree with the reviews.

Great reviews, and thank you for the other recommendations. Bukowskis pretty expensive book is in basic free on his website, where he has free access of all candlestick analysis. I see some people also recommend Elders Trading for a living which imo is good So even if this is a old post I will recommend Elders Sell and sell short. Some overlao to trading for a living ofcourse you need to buy something before selling it! but both parts of book learned me alot about when to take profit or just sell signals for shorting.

I will think I am not the only guy leaving lots of money on table when owning something and not taking ørofit until in best case it halves or worst case turning in to a big loss! Technical Analysis Using Multiple Timeframes by Brian Shannon Trading Basics: Evolution of a Trader by Thomas Bulkowski The Systematic Trader by Collin Seow.

Besides reading all these books, where is the best starting point for a novice trader. am very passionate to join trading but in need of some form of training. The book that had the most impact on my trader profile and the definition of my trading strategy was this: Trading in the Zone. great job my friend….. Thanks for sharing your lists and most especially the reviews. Definitely some new ones to add to my list. Have you studied the works of Robert Prechter or WD Gann?

Need to ask one thing while reading book should we take notes from the books recommended above or just pure reading will be ok? Thanks Rayner fot the recommended books. When it comes to the techniques.

Your videos and books are just as great 🙂. I am a complete novice and want to start learning about trading and investing, which category should i start first and how to proceed, please help Rayner. Even though authors are not as famous as other market wizards their approach is pretty interesting and deserves the reading. Hello Rayner. Thank you for your hard work in compiling this list. Very informative! These are among my all time favorites, as i follow their strategies.

I recently started trading Forex, just on a demo account, until i get used to trading those instruments. A Complete Guide to Volume Price Analysis Book by Anna Coulling was one of the first books I read about trading and it spoiled me.

This book explains what is going on when the price changes and how to predicts it. It uses ALOT of illustrations and I still use it as a reference book. Hello Rayner! I started trend following of Michael Covel. Not a lot of data and this book is empty. The men talk about baseball???? For more technical stuff on Trend Following, Following the Trend by Andreas Clenow does a good job of covering it. Thanks Rayner, a good list indeed!

One of my favourites is Quantitative Technical Analysis by Howard Bandy. It is a very good guide to trading system development and trade management that can be applied to any market. Cheers, Ola. Thank you in advance. Hey, great post. I have no clue where to start. I see a few books that would be great but where should I start? Meaning someone with no idea about any of this. I like the idea of Trend Following and would like something like that. If you could recommend three books to get started I would appreciate it!

Everybody should start from the basics. Eventually, many will stay or return to them and find that they were all they needed. It happens with many things in life, btw. After then it was revisited and edited with huge manipulation to make it more modern and appealing and it loose all of its focus and straightness. His review of where to look for market information might be the most informative out there.

Thank you Rayner for the list. I will look for this books. Would also recommend the book by T. Great book to develop money management and inner self.

Excellent reading list Thanks for sharing the list Look forward to see the new addition. Many good books on this list. But, I like your own reports better because they are simple and straightforward and easy to read or watch, and they offer good practical advice for the smaller retail trader.

My fav trading psychology book is Trading in the Zone by Mark Douglas. I read it before I knew much about techniques and thought it was a good start to focus on mindset first. For more practical tips, I liked Naked Forex by Walter Peters. I did see improvement when I applied his techniques. Adventures of a Currency Trader by Rob Booker is the perfect book for those who are tired of how-to books. It is one of the best forex trading books to learn from in the funniest way possible.

The book is full of anecdotes and situations that teach different and unique lessons. Readers can learn about various challenges in Forex trading and how to overcome them. The unique style of the book is enticing, entertaining, and joyful. Wisdom and psychology are very rarely so much entertaining. This is indeed one of the best forex trading books of all time.

A Three Dimensional Approach to Forex Trading by Anna Coulling is a must-read for all aspiring traders. Coulling wrote this book with a clear objective to explain how and why Forex markets behave in the way they do.

He explains three dimensions used in trading namely relational, technical, and fundamental analysis. He emphasizes the combined power of those three dimensions. Coulling also uses multiple timeframes and multiple chart analysis to make forex trading crystal clear for traders. He also explains how fluctuations in primary markets of commodities, equities, bonds, and stocks reflect in the currency markets as well. This book surely equips its readers with the knowledge and boost their confidence.

This remarkable book is surely among the best forex trading books. Forex for Ambitious Beginners by Jelle Peters presents to its readers a realistic picture of forex trading. Instead, it emphasizes hard work, practice, and persistence. Peters teaches some of the essential aspects of forex trading in his work. He helps his readers to find a trading strategy that matches their personalities and traits. He also guides how to develop your own trading system and how to optimize it.

Specific forex trading strategies and technical indicators are also in detail. Moreover, how to analyze chart patterns and c andlestick patterns are among other topics covered in this book.

This book is surely for all aspiring traders who really want to learn forex trading. The Black Book of Forex Trading by Paul Langer is a book with fantastic content.

It is packed with knowledge and lots of information. Langer teaches actionable and realistic trading techniques in this book. He shares what really matters in the arena of forex markets and forex trading. Langer debates on how to avoid all the struggles in the forex market. He also tells how to avoid losing money. He encourages his readers to gain enough confidence through the right knowledge and right skills.

Langer also promises success in just four months by picking and learning one of three proven, tried, and tested trading strategies. These three strategies include day trade, swing trade, and position trade. In short, do you want to learn how to adapt a winning strategy? Then this classic book is for you as it holds no secrets.

Do you have your trading plan ready? Check our dedicated article to set it up now! Why hope for your trading to work when you can precisely know the performance stat of every pattern? A step by step guide to help beginner and profitable traders have a full overview of all the important skills and what to learn next 😉 to reach profitable trading ASAP. First Name. Get All Tips for Profitable Trading. Do you want to follow a great video course and deep dive into 26 candlestick patterns and compare their success rates?

Then make sure to check this course! Picking his platform and broker for day trading can be complex. How should you pick the best one?

We did the work for In a hurry? We summarized the article for you. The 1 best paper trading tool from our selection is TradingView! It means, In the physical world, a bank is a financial institution that has the license and authority to deposit, transfer, and It is very aptly said that knowledge is light as well as power.

We are nothing in every field of life if we don't have Pre-register now and receive the candlestick patterns statistics ultimate ebook for free before anyone else! Currency Trading Fd 3e For Dummies.

Last Updated: August 4, By Rayner Teo. If I want to be a successful trader , then I need to model the process used by successful traders. Which are the best trading books to read? So, what you can do is go down to your nearest library and borrow these best books on trading. Or if you wish to, you can purchase them directly using the links below. The interview contains legendary traders like of Paul Tudor Jones, Ed Seykota, Richard Dennis, and etc.

This is a follow-up to the earlier Market Wizard book and is written in the same format. The only difference is this book focuses on American traders, whereas the earlier book has traders from all around the world.

Well, this is a biography of Jesse Livermore, possibly the most famous trader of all time, on how he speculated the financial markets.

Also, there are a lot of detailed explanations regarding the strength and weaknesses of buyers and sellers. I took a while to finish reading the first time as some of the technical terms were hard to grasp at the start especially for new traders.

William J. He uses a trading strategy called the CANSLIM method which combines both technical and fundamental analysis, which is covered in this book. The CANSLIM system is relatively easy to understand even for those with little fundamental analysis background.

Also, the charts presented are relatively small and hard to see. If you want to learn how to trade stocks using both technical and fundamental analysis, then this book is for you. He uses a similar trading approach to the CANSLIM system, which combines both technical and fundamental analysis. Now, there can be different types of books out there, such as price action books, fundamental analysis books, and risk management books.

Because in this book, Andreas Clenow will show you how to do it step by step, explaining the full details of his momentum trading strategy. This is for traders who want to learn more about systematic stock trading. The idea behind it is, it explains what Trend Following is about without leaving you confused by the technical jargon out there. This is the first book that got me started on Trend Following. It explains the concept of what Trend Following is about and how hedge funds use this approach to make their millions.

Plus, it includes the track record of these hedge funds which proves the validity of Trend Following. This book explains the Trend Following methodology backed by real evidence based on actual results.

Traders who want to get started in Trend Following. A true story of how a group of random people is selected for a special trading program. They had a 2-week crash course on trading and are left on their own afterward. They made millions. And this book reveals the story behind it, what they did, and the trading strategy they used. This book is easy and entertaining to read. And it goes deep into the Trend Following methodology covering risk management, entries, exits, and more.

Traders who want to get started on Trend Following. This is the first book Andreas Clenow wrote which explains how a simple trading strategy Trend Following can beat a buy and hold approach, consistently. Not only does Andreas Clenow uses statistical evidence and backtested results to back up his claims, he also walks you through the trades the strategy would have executed and the psychological aspect of trading, on a year by year basis.

So, if you just want to focus on the stuff that matters, then start with these Technical Analysis books…. This book is written in a textbook style covering the essentials of technical analysis like chart patterns, candlesticks, and etc. It might give the illusion that all technical analysis is all you need.

But in reality, you need much more than that. This book takes on the traditional aspect of technical analysis and gives it a whole new spin — by backing it up with statistics. In my opinion, this book is a gem as Adam Grimes has done all the hard work for you. This book feels like an amazing combination of one of the best price action books out there, and one of the best systems trading books out there. A simple book that shares practical trading concepts and techniques.

Plus it includes a quiz at the end of each chapter so you can test yourself. Unlike the higher timeframes, day trading is fast paced and requires you to make quick decisions. An entertaining read that gives you a real insight into the world of proprietary trading something that is rarely spoken about.

Because this book focuses solely on price action trading and is written by Bob Volman, an independent forex trader. This gave me an insight I never thought of before. From there, you can formulate a plan for your trading day.

This book is relevant for futures day traders. This book dives deep into how the Forex market works by explaining the participants in the Forex market and their reason for trading.

Then, it tells you why the odds are stacked against you the retail trader and how you can apply specific trading strategies to level the playing field. However, the tricky part is finding trading systems that work and with proven backtest results. So here are some Systems Trading books with specific trading rules and backtest results, check it out….

Unholy Grail — A New Road to Wealth. Every trading system is backtested over 10 years and across different market conditions including the financial crisis. Short-term Trading Strategies That Work.

Mean Reversion Trading System: Practical Methods for Swing Trading. Plus, it gives you the code of each trading system on Amibroker so you can do your own backtesting. This is a good place to start your trading journey: TradingwithRayner Academy. Thanks for sharing these lists. Minervini, Ryan, Zanger and Ritchie. Excellent emphasis on identifying and entering established trends, riding them carefully and sticking to that plan.

Gary Dayton a Very book dealing with the mindset of a trader. Check it out On your list I have read several books. Technical Analysis of the futures markets , Market Wizards, and Reminiscences of a Stock Operator. Nice collection of good books to read here. Thanks as always Rayner. Entertaining read with good examples on how to catch a big move.

It helps you to tune yourself on the right trading mindset. Thanks for sharing. Quick and fun read, and the first book that really drove home the math of trading for me. Thanks for this great list of trading books Rayner!

There are definitely some great ones on that list. Anything by Larry Williams is worth reading. Great list of books that you have. I own some of the books listed and have to agree with the reviews. Great reviews, and thank you for the other recommendations. Bukowskis pretty expensive book is in basic free on his website, where he has free access of all candlestick analysis.

I see some people also recommend Elders Trading for a living which imo is good So even if this is a old post I will recommend Elders Sell and sell short. Some overlao to trading for a living ofcourse you need to buy something before selling it!

but both parts of book learned me alot about when to take profit or just sell signals for shorting. I will think I am not the only guy leaving lots of money on table when owning something and not taking ørofit until in best case it halves or worst case turning in to a big loss!

Technical Analysis Using Multiple Timeframes by Brian Shannon Trading Basics: Evolution of a Trader by Thomas Bulkowski The Systematic Trader by Collin Seow. Besides reading all these books, where is the best starting point for a novice trader.

am very passionate to join trading but in need of some form of training. The book that had the most impact on my trader profile and the definition of my trading strategy was this: Trading in the Zone. great job my friend….. Thanks for sharing your lists and most especially the reviews. Definitely some new ones to add to my list. Have you studied the works of Robert Prechter or WD Gann? Need to ask one thing while reading book should we take notes from the books recommended above or just pure reading will be ok?

Thanks Rayner fot the recommended books. When it comes to the techniques. Your videos and books are just as great 🙂. I am a complete novice and want to start learning about trading and investing, which category should i start first and how to proceed, please help Rayner. Even though authors are not as famous as other market wizards their approach is pretty interesting and deserves the reading. Hello Rayner.

Forex Trading: The Basics Explained in Simple Terms, by Jim Brown. An entertaining read that gives you a real insight into the world of proprietary trading something that is rarely spoken about. Technical Analysis of the futures markets , Market Wizards, and Reminiscences of a Stock Operator. Michael himself is a professional currency analyst who has a lot of knowledge and experience. See above. The book also covers important topics like Intermarket relationships, central bank interventions, volatility, and much more.

Categories:

• Forex Brokers
• Binary Options
• Forex Bitcoin
• Forex
• Binary Options online