Live from trading
Author: Alexander Elder
Dr. Elder brings us a book cataloged as a jewel for those who want to get seriously started in trading; “Live from trading”. Here he shows us how to discipline the spirit, effective trading methods to beat the market and manage your capital so that no series of losses can take you out of the market. Covering all relevant aspects of the trading process, from the psychological aspect to position size management, it also teaches how to interpret charts, trend indicators, oscillators and trading systems.
Trading in the area
Author: Mark Douglas
“Trading in the zone” is a fairly dense but accessible book that encompasses the psychological aspects of trading. Here the prestigious figure of education in the field of trading, Mark Douglas, has dedicated the last twenty years to helping traders develop discipline, confidence, think in terms of probabilities and acquire a winning attitude that allows them to dominate the market. Where even the most experienced and knowledgeable in buying and selling can see their activity hampered by a counterproductive thought that leads them to make bad decisions, but here they will learn that maximizing a proper mental attitude will be key to achieving good results.
Daytrading in a week
Author: Borja Muñoz Cuesta
Do you want to start trading? Borja Muñoz offers in a simple but effective way a general introduction to day trading without theory and from practice, showing the steps to follow, systems to apply and risks to avoid. Collecting ideas and tools along with the most common mistakes. This is an alternative to current labor reforms, job insecurity and low wages. Making it clear that access to the market has never been so easy and cheap.
Technical analysis of financial markets
Author: John J. Murphy
Listed by many, as an essential reading book for anyone who dares to enter the world of trading. Written in a didactic way, it clearly and simply explains all the key concepts. In addition, it is a valuable tool for studying market movements. Throughout its pages, all the analysis techniques are developed, from the most classic to the most current: moving averages, Dow theory, contrary opinion, oscillators and other indicators.
As if that were not enough, it includes more than four hundred charts that will help you clarify the bases of technical analysis and the construction of them, all about the cycles, contracting tactics, stock market indicators, money management, price models and the main patterns. of change and continuity.
The Black Swan: The Impact of the Highly Improbable
Author: Nassim Nicholas Taleb
Written by the philosopher Nassim Nicholas Taleb who has dedicated his life to studying the problems of luck, probability, uncertainty and knowledge. It teaches us that philosophy and statistics are based on conjecture, the certainty or uncertainty of the same. Alternating the narration of real cases with references to statistical models and thoughts of the great philosophical schools, paying close attention to the hidden risks and the unknowns that can end everything unless the thick queues of improbable results are managed.
Day Trading and Trading for Dummies
Author: Francisca Serrano Ruiz
It offers a general idea of how the market works, clarifying in a simple and effective way all the nuances to make the reader see that you must have discipline as well as initial capital and a very good preparation, both technical and emotional. The book consists of four parts plus the decalogues: explaining the key concepts, teaching how to interpret the charts, entering properly in the stock market with special attention to trading and emphasizing trading with indicators.
Secrets to Winning in Bull and Bear Markets
Author: Stan Weinstein
Easy to understand, it is recommended both for those who are starting in the world of investments, and for the more experienced. Explaining the investment method that made its author famous. Turning into constituting a battery of indicators that design the immediate evolution of prices. And despite being written more than 30 years ago, it is still in force and is very useful.
Day Trading: Intraday Trading: Strategies and Tactics
Authors: Oliver Velez and Greg Capra
It provides a basic overview of how to approach trading without being overly technical or overly simple. Whose first part deals with the psychological aspect of trading by providing tools and tactics that are simple and applicable. Here the authors focus on explaining how to face and overcome the psychological and emotional challenges of the intraday investor, the strategies and techniques to achieve success and how to reinforce the competitive advantage in each operation. And last but not least, secrets and strategies are revealed, such as Everything you need to know to trade on Level II quick screens, how to root out and eliminate deceptive and harmful investment practices. Reliable graphical models to determine profitable entry and exit points and to benefit from the experience of the winners.
The Wyckoff method
Author: Enrique Diaz Valdecantos
A trip to the purest essence of trading, which shows how human nature is invariable in time. This essence is none other than the two words that govern the economy: supply and demand. The book brings out the ideas and principles of Wyckoff, which will help you understand the reason for the movement of prices, based on this principle of supply and demand and the processes of accumulation and distribution. In addition, it will teach you to recognize them on a chart through the observation of price and volume, and the precise conditions of what would be the best times to act.
Be successful in trading
Author: Van K. Thap
Despite not being an easy-to-read book, here the keys to trading to be consistently successful are analyzed, having good information on how to set a great work methodology which traders should follow. In his work, Dr. Van Tharp explains that the Holy Grail is not to be found in a magical trading system that generates incredible profits with minimal risk. On the contrary, his research shows how the interrelationships between each trader’s investment style, personality and goals are the key ingredients of success.