Here’s my list:
For the psychology:
New Concepts In Technical Trading Systems by J. Welles Wilder Jnr.
For the money and money management:
New Concepts In Technical Trading Systems by J. Welles Wilder Jnr.
For the method:
New Concepts In Technical Trading Systems by J. Welles Wilder Jnr.
For the entertainment:
New Concepts In Technical Trading Systems by J. Welles Wilder Jnr.
For the frustration:
New Concepts In Technical Trading Systems by J. Welles Wilder Jnr.
Ok now REALLY:
Firstly: nobody answered your question about Trading Chaos. It’s Bill Williams’ Trading Chaos and there are three volumes / versions. I have all three and with each volume / version the system gets ‘stripped down’ further and further. He’s been around a long time as you now so there is some good information in the books aside from the system itself. I don’t trade his system even although I have the books because I only trade the systems in New Concepts In Technical Trading Systems by J. Welles Wilder Jnr. (I may have mentioned that earlier)!!!
The best book on the pshychology of trading (for me anyway) is ‘Mastering The Trade’ by John F. Carter. Most of the book is dedicated to the pshychology of trading. As for his systems: they just don’t work for me and have only cost me money (but that’s my fault not his I assure you). Having this book has never generated profit for me but it’s made me feel better about my losses i.e. at least I know the reason WHY I’ve lost money!!!
Steve Nison of course. My problem is that I can quite clearly see the formations when looking at a chart over the weekend when the markets are closed but not for love nor money can I see these formations as and when they are forming which, of course, also has done me no good!!!
Long story short: I use all the other systems to mess my accounts up and then trade Wilder to cover up my mess and then the cycle starts all over again!!!
LOL!!!
Edit:
Geez: I forgot to mention ‘The Delta Phenomenon’ by (you may have guessed it): J. Welles Wilder Jnr. (and no we are NOT related although if he wanted to adopt me I’d be only too happy to oblige)!!! This is a fascinating book but it’s a bit too ‘inexact’ for my liking i.e. I need to trade systems that tell me exactly when and where to place orders and leave NOTHING to my imagination or interpretation. I do believe that the information in this book has merit and I try to follow the concept through on the Dow on a daily basis but I don’t have the ‘guts’ to trade it. Mr Wilder has made a small fortune out of the concept (and paid a small fortune for it too) but it’s just not for me.
Regards,
Dale.