Pipcrawler's Favorite Trading Books

[Pipcrawler]

"The New Market Wizards" by Jack D. Schwager
"Millionaire Traders" by Kathy Lien and Boris Schlossberg

For me, looking into the minds of successful traders and how they work is a great way to learn and gain different perspectives.

"Hedge Fund Masters" by Ari Kiev - A look on how a psychiatrist examines and picks apart top traders psychological weakness and how he would fix them to increase trading performance.

"Enhancing Trader Performance" by Brett N. Steenbarger - Awesome book and unless you have your own trading mentor or coach, this should be read even BEFORE demo trading. Actually, just read it regardless.

"The Complete Turtle Trader" by Michael W. Covel - A great story and a great example on the realities of systematic trend trading. Also, a great study on how psychology affects trading systems.

"Intermarket Analysis: Profiting From Global Market Relationships" by John J. Murphy - definitely required reading for those into fundamental analysis and discretionary trading. A good basis to understand these globalized markets.


These are just a few of the books I've read, but they are some of my favorites as they have had the biggest impact. You may notice that most of them are psychology related in one way or another as I feel understanding yourself is the biggest obstacle to success in trading.

This list will grow over time and I invite everyone to add their favorite books to the list. Thanks!

[Piphacker]

Originally Posted by Pipcrawler

These are just a few of the books I've read, but they are some of my favorites as they have had the biggest impact. You may notice that most of them are psychology related in one way or another as I feel understanding yourself is the biggest obstacle to success in trading.

''PipHacking Secret's By PipHacker'' lol
I have read some books when i strart my carrier as a forex trader and it's also true that every Arthurs(Traders) Views , Thought's & focing point is different from each. Some focus psychology related things, Some on price action and some focus on just technical aspect and others on just fundamentals. Which was a confusing situation for me. I learn alot from them but this is also true that i find myself in a reasonable position as forex trader by the help of my own made stratigies and skills. It takes sometime which was a crucial time for me but i considers this as main key to success not for just an individual but for everyone i guess.
PipHacker

[Soccerman]

My favourite trading book is Tradin Chaos...

[Mennon]

My favourite book: the Candle analysis. S.Nisson.

[Pipcrawler]

I haven't read "Trading Chaos" ... who is that written by?

Steve Nisson's books are great for getting into in depth candlestick chart analysis!

[sam111]

Finished reading and liked this one- Foreign Exchange Handbook by an Indian Author HP Bhardwaj

[johnnykanoo]

Well ive heard good things about Zurich Axioms: Investment Secrets of the Swiss Bankers by Max Gunther.

Its about manageing risk, Ill give it a review when i comes in from amazon and i read it.

I like Trade Your Way To Finacial Freedom by Van K. Tharp. This is a book about self discovery and developing a system that works with your style. It also examines risk and money management.

Paper Money by Adam Smith. Although it was written in the 70's it is as if it was written last year. It is about the relationship between oil, banking and money.

A must read if you look at the markets like a battle between bulls and bears would be The Art of War by Sun Tzu. This book is Sun Tzu's philosophy on successfully wining war. This is an excellent read and can help shape you as a trader to fight for victory.

[rahiman]

This are my textbook

For Mind
Trading in Zone by Mark Douglas
The Disciplined Trader by Mark Douglas
The Winning Invesment Habit of Warren Buffet & George Soros by Mark Tier
Trading for Living by Dr. alexander Elder

For Money
The Trading Game by Ryan Jones

For Method
Japanese Candlestick by Steve Nison
Day Trading the Currency Market by Khaty Lien
Technical Analysis of the Financial Markets by John J. Murphy
The New Science of Technical Analysis

P.S.
Any listing for Movie?
What about Movie & TV series worth to watch for trader?
I would prefer...Pursuit of Happyness

[quicksilver03]

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.

[Hope80]

Books of Victor Niederhoffer influance my view greatly. Agree that Steve Nisson's books are really helpful.