Monday, December 25, 2017

Best day trading books of all time

In this day trading article, I will describe the best day trading books of all time.

There are many best selling day trading books on Amazon.com. For instance:
  • A Beginner's Guide To Day Trading Online by Toni Turner
  • Day Trading for Dummies, 3rd Edition by Ann C. Logue
  • Day Trading Forex with S&R Zones - Forex Trading System by Laurentiu Damir
  • Start Day Trading Now: A Quick and Easy Introduction to Making Money While Managing Your Risk by Michael Sincere
But what are the best day trading books of all time?

First, How to Trade In Stocks by Jesse Livermore.

It is very classical and famous stock market book. Jesse Livermore revealed the secrets of stock trading.
  • You cannot expect to make a lot of money playing the stock market.
  • Trading is a business and run it on principles.
  • Even if you are a day trader, you should still trade with the main trend on the daily chart.
  • You should write a pre trading checklist every day.
  • You should take care of he uses the momentum trading strategy.
  • Most important of all, we should control and manage our risk in day trading.
Second, Come Into My Trading Room: A Complete Guide to Trading by Alexander Elder

An essential book for anyone interested in day trading or forex trading. 

Professional traders rarely revealed their trading systems and methods. But Alexander Elder's trading guide did it.

You could learn more from it.
  • How to follow the trading system rules?
  • How to reduce the risk of day trading?
  • How to write a trading plan and keep a trading diary?
On the whole it's a great trading book.

Third, Long-Term Secrets to Short-Term Trading by Larry Williams

The book would be a timeless classic. Many novice traders just want to make some quick money.
  • They never took day trading seriously as a business
  • They never learned to day trade with a demo account
  • They never wrote a day trading plan and kept a day trading journal
We all know that there is no secret in day trading. But Larry Williams has exposed it. I love this book.

Finally, I want to make it clear, if you are to be wealthy in the day trading market, you should keep learning and improve your day trading.

Reading the best day trading books is one of the best ways to learn.

More trading videos: Trading for a Living - Dr Alex Elder

what are the best day trading books of all time?

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