Which book to get?

[Sabluka]

I was wanting to get one of his books.

I wanted to get the one that explains his strategy the best and how to utilize his system etc.

I have tons of stock and commodity trading books and systems dev books and most of the software put out in the 90's.

If you've read his 3 books, please give me a recommendation.

Thanks

Sabluka

[CommunistJack]

I was wanting to get one of his books.

I wanted to get the one that explains his strategy the best and how to utilize his system etc.

I have tons of stock and commodity trading books and systems dev books and most of the software put out in the 90's.

If you've read his 3 books, please give me a recommendation.

Thanks

Sabluka

from what i hear(i.e. forums amazon)

read real money(everyone seems to like this book its even used to teach in certain college classes), and his newest book stay mad for life.

from what people say you should skip jim cramers mad money watch tv get rich...........


i borrowed all 4 books from the library and im still reading the first one

[freakscene]

I was wanting to get one of his books.

I wanted to get the one that explains his strategy the best and how to utilize his system etc.

I have tons of stock and commodity trading books and systems dev books and most of the software put out in the 90's.

If you've read his 3 books, please give me a recommendation.

Thanks

Sabluka

I've read two of them and wouldnt recommend either. not even considering the new one.

they read more like autobiographies than strategy books.

[Sabluka]

Yes for sure...

Warmed up crude poured all over the most desirable woman you know. Then your told its really just warm honey.

[EDawg118522]

What about other books? What are some required texts for novice traders?

[freakscene]

I am hardly an authority and can only go by what I've read, but in no particular order, what I would recommend:

Technical Analysis of the Financial Markets by John Murphy is a must have but maybe not a first read. Written like a College text book and is a great reference to have.

Toni Turners books Beginners guide to Day Trading, and Beginners Guide to Short Term Trading are less detailed, much less expensive, but probably not a bad start to explaining beginning technical analysis for a novice. (heck, now that I think about it, I'm still a novice ;) )

I enjoyed Peter Lynch's books One up on Wall Street, and Beating the Street. Better reads than the 2 Cramer books I read.

Currently reading Japanese Candlestick Charting Techniques by Nisson. I would recommend it but not to start.

And next on my list is this, although I imagine is going to be very similar to the Murphy book.

http://www.amazon.com/Technical-Analysis-Complete-Financial-Technicians/dp/0131531131


Other members can feel free to agree or disagree, but those are what I found valuable. And read the threads on this board. Some posters have been very good at posting what they look for as a buy sign. Some good threads here.

Oh, and for around 6 bucks, pick up a copy of The Richest Man in Babylon. Not exactly meant for trading, but well worth every penny.

Cheers and Good luck

[EDawg118522]

Thanks Scene, Im gonna pick up babylon for this week and go from there.

[wallstreetsedge]

here are some of my favorites

getting started books..
http://www.amazon.com/Little-Book-That-Beats-Market/dp/0471733067/ref=pd_bbs_sr_1?ie=UTF8&s=books&qid=1205261083&sr=1-1
http://www.amazon.com/You-Can-Stock-Market-Genius/dp/B00150GHTC/ref=pd_bbs_sr_2?ie=UTF8&s=books&qid=1205261083&sr=1-2
http://www.amazon.com/Little-Book-Common-Sense-Investing/dp/0470102101/ref=pd_bbs_3?ie=UTF8&s=books&qid=1205261083&sr=1-3

candlestick books..
http://www.amazon.com/Candlestick-Course-Steve-Nison/dp/0471227285/ref=pd_bbs_2?ie=UTF8&s=books&qid=1205261548&sr=1-2
http://www.amazon.com/Japanese-Candlestick-Charting-Techniques-Second/dp/0735201811/ref=pd_bbs_1?ie=UTF8&s=books&qid=1205261548&sr=1-1

day trading books...
http://www.amazon.com/Beginners-Guide-Day-Trading-Online/dp/1593376863/ref=pd_bbs_2?ie=UTF8&s=books&qid=1205261248&sr=1-2
http://www.amazon.com/Tom-Dorseys-Trading-Tips-Playbook/dp/1576600777/ref=sr_1_1?ie=UTF8&s=books&qid=1205261219&sr=1-1
http://www.amazon.com/Beginners-Guide-Short-Term-Trading-Maximize/dp/1580625703/ref=pd_bbs_3?ie=UTF8&s=books&qid=1205261432&sr=1-3
http://www.amazon.com/Winning-Day-Trading-Game-Techniques/dp/0471738239/ref=sr_1_4?ie=UTF8&s=books&qid=1205261432&sr=1-4

swing trading books..
http://www.amazon.com/Swing-Trading-Oliver-Velez-Course/dp/1592803156/ref=pd_bbs_sr_1?ie=UTF8&s=books&qid=1205261335&sr=1-1
http://www.amazon.com/Electronic-Swing-Trading-Maximum-Profit/dp/0761525181/ref=sr_1_15?ie=UTF8&s=books&qid=1205261389&sr=1-15

[metron9]

I recommend a book on covered calls strategy. Slow and steady wins the race. I do over 20% per year using covered calls and all my accounts are positive so far this year since Jan 1st.