"Beginner Book" Posts

The Thinking Toolbox: Thirty-five Lessons That Will Build Your Reasoning Skills by Nathaniel Bluedorn and Hans Bluedorn

By Lawrence

Summary: Great introductory book on logical thinking. Examples and exercises accompany each lesson making it easy to track your understanding of the lessons and progress. Highly recommended. Book Information The Thinking Toolbox: Thirty-five Lessons That Will Build Your Reasoning Skills Written by Nathaniel Bluedorn and Hans Bluedorn [starreviewmulti id=2 tpl=31 size=’12’ average_size=’24’]

The Fallacy Detective: Thirty-Eight Lessons on How to Recognize Bad Reasoning by Nathaniel Bluedorn, etc.

By Lawrence

Summary: A great introduction to reasoning with logic and how to detect lies that are told in various situations. Good book for anyone who has no formal training in logic and those who want to build up their critical thinking skills. Highly recommended. Book Information The Fallacy Detective: Thirty-Eight Lessons on How to Recognize Bad […]

All About Technical Analysis: The Easy Way to Get Started by Constance Brown

By Lawrence

Summary: This book is written with retail traders in mind who has no prior exposure to technical analysis or charting in general. Not a book teaching straightly technical methods. Also not a book teaching a complete methodology. It is a nice guided tour of trading by a professional trader who knows her stuff well. Well […]

Commodities for Dummies by Amine Bouchentouf

By Lawrence

Summary: A good guide book on the basics you need to know about commodity markets. The materials give the readers a solid foundation of what they are dealing with and the factors affecting these markets. Various ways to engage in trading the commodities are also discussed so that the readers can choose from the various […]

The Complete Idiot’s Guide to Day Trading Like a Pro by Peter J. Sander

By Lawrence

Summary: This book is an overview of daytrading US equities and future markets. All basic aspects on daytrading are covered with reasonable advices on risk control and expectations. The examples on the trading tools are outdated and a number of brokerages mentioned in the book no longer exist. Overall a tourist guide to daytrading – […]

ForeX Trading for Maximum Profit: The Best Kept Secret Off Wall Street by Raghee Horner

By Lawrence

Summary: One of the best introductory books on forex I have seen. Unlike the window shopping type beginner books that just browse over all the basic topics, Ms. Horner, a professional trader, documented a complete trading method in the book. The details are there as long as you are willing to read the book slowly […]

Market Beaters by Art Collins

By Lawrence

Summary: The concept of interviewing successful traders is not new. The twist with this book is that he is asking some good questions and getting great answers that I have not seen from the other books. It is not a utility book per se. I recommend it if you can get it at a discount. […]

Enhancing Trader Performance, Dr. Steenbarger

By Lawrence

Summary: An introduction in utilizing psychology to enhance one’s trading performance. Real life examples and practical advices are provided throughout the book that I find useful. Highly recommended. Book Information Enhancing Trader Performance – Proven Strategies from the Cutting Edge of Trading Psychology Written by Dr. Brett N. Steenbarger. Published by John Wiley & Sons, […]