A very good book for beginners is "The Essentials of Trading" by John Forman (who has posted as rhodytrader on this very site for a while): I liked the systematic approach to testing systems, though I would have appreciated if there had been an appendix with a better explanation of the math behind the statistics used.
I concur also on the Van Tharp's "Trade Your Way To Financial Freedom", there are some gems in it that changed the way I evaluate a system and manage trades.
|