Reading List to Build Your Resiliency for Day Trading

By Lawrence


Time to dig deeper into trading. To day trade successfully is not just about knowing how to engage with the market you plan to trade. You have to be prepared mentally with the right level of understanding about the financial markets so that you will not blow up your trading account too many times before you “get it”.

No matter you are doing this the traditional way or the smarter way, you still need to build up this depth of knowledge in order to have a better chance to survive in trading over the long run. This preparation process is much longer than many of you anticipated because you may think that you can “master the art of day trading” quickly. Well, keep your job if you have one. Forget about dive right in. Take the time to prepare yourself.

Unlike the first list of books on basic requirements, this list here is shorten significantly from all the trading books I have read. There are just way too many badly written books on trading that not only waste your time but also mislead you. If I have to write a list of those books that no one should read, that damn list will have 100s of items in it.

BTW, don’t procrastinate. Bite the bullet and start reading.

Understand the Trading Business

You need better perspective about trading before jumping into the game.

Know Your Counter-Party

Trading by definition has someone else taking a bet against you. But who are they? Knowing who is on the other side and how they operate matters.

Trading Psychology

Trading is a psychological game that woks against human nature on every decision you make. Understand this better and learn the tools to deal with this before you subject yourself to these issues.

Part of the A Smarter Way to Learn Day Trading E-Mini S&P 500 series


  • dandy July 5, 2019 at 11:03 am

    Where is the list as mentioned?

    • Lawrence July 6, 2019 at 3:18 pm

      You are looking at the list. Just click on the books for their descriptions and reviews at Amazon.

  • someco April 5, 2020 at 10:21 pm

    Lawrence I am getting frowny-face grey rectangles instead of book images.

    • Lawrence April 5, 2020 at 11:54 pm

      Your browser may not be compatible with Amazon’s code. Try another browser.

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