Before I list these books, I have to tell everyone that I have read many stock market books. There may be some current books that are great too, but these are the key books that definitely helped change my trading life.
I can’t remember anymore, but I think when I was 17 I was in a major automobile accident and had a very serious injury happen to me. It ended my collegiate sports career but helped start a lucrative stock market career.
During my time spent in the hospital and at home (home hospital) during the year it took me to fully recover, I purchased over 100 books. Out of those 100 books, I still own all of them. Sadly, if someone could have told me that about 90 of them were pure junk and couldn’t help me make money consistently, I would not have bought any of them and would have used the money to invest/trade. Therefore, I would buy just what I list here. I have a bookshelf of books I will never EVER read again, but along with those are these gems that are invaluable; and I have read them many times over.
http://www.amazon.com/Daily-Trading-Coach-Becoming-Psychologist/dp/0470398566/
The Daily Trading Coach: 101 Lessons for Becoming Your Own Trading Psychologist (Wiley Trading) – Brett Steenbarger
I plan on buying and reading this book very soon and from what I have read from the author before I can already say that this book will definitely go on the list as soon as I purchase and read the book. This is where we get a lot of our psychology articles that we post on the gold forums from–Brett Steenbarger.
Hi Josh, it’s a great list of books. I can say that I have read a good portion of them. Have you heard of the book Trade Like an O’Neil Disciple by Gil Morales and Chris Kacher? If yes, what do you think of it? I personally find that it has been very helpful in giving specific definitions for accumulation days and distribution day. It also has a great tool in determining market direction.
I have read that book and I find it an excellent read. This list needs to be updated as that book belongs on this list along with every book Michael Covel has written. Especially Trend Following and The Complete Turtle Trader. They are both must reads. We use a Market Direction Model at BWT very similar to the one he uses it appears. Our model turned on 1/5 to a full buy signal. From what I hear his only just recently turned into a full buy signal. Still it is very similar I am sure.