You understand that making money in the stock market takes money, time, and effort on your part. Your ability to make and keep money from trading stocks is determined by your effort to understand what works for trading stocks. Use the following resources to advance your abilities. All of these books are recommended, be assured that you will benefit by owning these stock trading books.
Robert Miner's Dynamic Trading covers the practical application of price, time, and pattern. For those serious about applying the principles of market symmetry, this is the book for you. Dynamic Trading makes use of the teachings of W. D. Gann, the Elliott Wave theory, and the Fibonacci series. This is a complete package - 500 pages fully detailing a trading plan with trade setups, money management, and real life results. Read More
Nicholas Darvas's How I Made $2,000,000 in the Stock Market spells out the trading Nicholas did over a period of less than two years starting in late 1950's. His style goes to show that you only need to have a few great trades to make a fortune. Though this book is not about day trading, the concept of buying stocks showing great strength is applicable to all types of trading. You could say that Nicholas Darvas's trading education was lucky. On occasion, he took large positions relative to his account size. If he wasn't so lucky, you wouldn't be reading about him now. Again, here's a person who does the same thing over and over again. Much like Tony Oz, Nicholas Darvis sticks with what works for him. Buying stocks advancing rapidly, then trailing a stop loss order below support levels, and even adding on to a winning position are what made Mr. Darvas his millions. The timeless concepts make reading How I Made $2,000,000 in the Stock Market well worth the read. The principles laid out in this book were used to design the Stock Rocket Trading system used by the Wooding Company. Read More
Steve Nison has put together a guide to using Japanese candlesticks in Beyond Candlesticks. The beauty of this book is in the way Steve incorporates useful information regarding profit potential versus perceived risk relative to candlesticks signals. Read More
Dave Wooding's Stock Rocket system for picking the big stock market winners. Details how to identify, trade, and profit from the biggest gainers. Includes all the criteria necessary for consideration, the exact criteria necessary for buying, and most importantly when to sell. Read More
H.M.Gartley's Profits in the Stock Market/With Charts is a 1935 classic. Each chapter in this book originally sold as a course, with each chapter sold individually. Even though the charts in this book are dated (1930s), the principles shown in this book are timeless. Read More
Tony Oz's The Stock Trader: How I Make A Living Trading Stocks is a detailed account of his own personal day trading over a period of a four weeks. This is trading education in real time! Tony does a great job of detailing the 116 round trip day trades and overnight trades he makes. All of his thoughts and emotions, along with charts, buy prices, stop prices, and trading results are included. You'll find that Tony does the same thing over and over. He's not afraid to exit a position quickly and then re-enter if the stock starts moving back in the intended direction. He is the ultimate professional, taking full responsibilty for his results. During the first five minutes of trading on April 13th, 2000, Tony's cable modem goes down. He immediately picks up the phone, calls his broker and exits the two open positions he has. No hesitation, no thinking. I was impressed at how many pesky little losses he takes and still manages to make a fair amount of money, week after week. This is a page turning book which keeps you fully engaged. If you want to know what it's like to be a professional day trader, then you'll read Tony Oz's Read More