"Recommended" Posts
Reminiscences of a Stock Operator: With New Commentary and Insights on the Life and Times of Jesse Livermore (Annotated Edition) by Edwin Lefèvre, Jon D. Markman
By Lawrence
Summary The all time classic combined with the excellent annotations done by Mr. Markman has modernized the book for the new generations of traders. This book is a must read. Book Information Reminiscences of a Stock Operator: With New Commentary and Insights on the Life and Times of Jesse Livermore (Annotated Edition) Written by Edwin […]
Chronicles of a Million Dollar Trader: My Road, Valleys, and Peaks to Final Trading Victory by Don Miller
By Lawrence
Summary: It is indeed the chronicle of the growth path of a retail trader. From not doing well to picking up the pace and eventually cracked the million dollar milestone, the story for sure will be told in generations to come. It is a great book for aspiring traders to peek into a great mind […]
What’s Behind the Numbers?: A Guide to Exposing Financial Chicanery and Avoiding Huge Losses in Your Portfolio by Tom Jacobs and John Del Vecchio
By Lawrence
Summary: An excellence book written by 2 authors in completely different discipline giving the readers a chance to put some common sense on investing into their heads. Written with normal people in mind, the book is easy to understand with practical advices average investors can utilize immediately. Highly recommended for stock traders and investors. Book […]
Quantitative Trading: How to Build Your Own Algorithmic Trading Business by Ernie Chan
By Lawrence
Summary: Good introduction to trading mechanically for yourself as a retail trader. Lower your expectations though as there is no top secret trading model disclosured. Matlab understanding useful but not necessary for a small part of the book. I would recommend this book if it is your first one on the subject. Book Information Quantitative […]
Algorithmic Trading and DMA: An Introduction To Direct Access Trading Strategies by Barry Johnson
By Lawrence
Summary: A good introduction to algorithmic trading. It is a guided tour of the algorithmic trading world. It is packed with information if you have the prerequisite background to understand the lingos used in the book. Lacking either one of the two background knowledges, programming / order routing (the technical side) and firm trading, will […]
Trading: How Transformative Learning Drives Expertises by Deirdre Lynch
By Lawrence
Summary: An educational course on transformative learning for traders with solid framework. Useful for trading newcomers to enforce a structure into their minds so that they can properly criticize themselves and evaluate their strength and weaknesses more objectively. Recommended for beginners who have trouble in self evaluation and planning on areas for improvement. Course Information […]
Trade Your Way To Financial Freedom by Van Tharp
By Lawrence
Summary: One of the most important books on money management you will ever come across. It is also the trading book that everyone loves to hate. Recommended to all newcomers. Book Information Trade Your Way To Financial Freedom Written by Van Tharp [starreviewmulti id=2 tpl=31 size=’12’ average_size=’24’]
Street Smarts: High Probability Short-Term Trading Strategies by Linda Bradford Raschke and Laurence Connors
By Lawrence
Summary: This book is one of the best books on short term discretionary trading setups. Clear rules and actual examples provided to illustrate the points. It is not a book giving you mechanical trading systems to copy from. Should be required reading for all daytraders. Highly recommended. Book Information Street Smarts: High Probability Short-Term Trading […]
Beyond Technical Analysis: How to Develop and Implement a Winning Trading System, 2nd Edition by Tushar S. Chande
By Lawrence
Summary: Great introduction to trading system design. Not too complex, not too dry. Detail enough to be the text book on trading system design if it were used in a college degree course. The examples in the book are easy to understand even if you are not using TradeStation. Some statistics background necessary. Highly recommended […]
Principles by Ray Dalio
By Lawrence
Summary: Not your usual trading book because 1. it is written by Ray Dalio, the founder of Bridgewater Associates, the worlds largest hedge fund; 2. It is a way to live and think where trading success will be the manifestation or outcome if you choose to; 3. It is so controversial some people call this […]
