Day Trading Books for Beginners and Pros
Day trading books are a great way to brush up on your trading skills. Day traders should never stop learning. Reading books and publications is a way to ensure that you have access to the most up-to-date information. Successful day traders are always researching their field. The following books are aimed at professionals, intermediate or novice day traders. Browse the list and choose one or two to add to your collection.
* AMAZING LIFE OF JESSE LIVERMORE: By Richard Smitten. - According to many Wall Street fundis, Jesse Livermore was one of the best stock market traders in history. In this book his life is explored based on personal interviews and interviews with witnesses. A good pick for number one on the day trading books list!
* DAY TRADER'S ADVANTAGE: By Howard Abell. - One of the most informative day trading books for all market traders. This books sees Howard Abell sharing his secrets of successful trading. You will be guided to understanding the characteristics of dynamic markets and the psychology of its players.
* DAY TRADING INTO THE MILLENNIUM: By Michael P. Turner. - This book gets down to the nittry gritty of day trading and makes it to number three on our list of day trading books. It deals with how to trade and gives background and guidance for both novice and professional day traders. Michael Turner shares his own experiences to help short term investors and active traders be successful in their field.
* HIT AND RUN TRADING: By Jeff Cooper. A bestseller amongst day trading books, this book gives advice on day trading and short-term trade with liquid stocks. Strategies are provided to help traders identify ideal stocks as well as when to buy and sell.
* THE ELECTRONIC DAY TRADER: By Marc Friedfertig & George West - Good day trading books cover a wide range of topics and this one does just that. It is aimed at day traders and their importance in the market.
* TRADING RULES II: By William F. Eng. - This is one of the day trading books on our list that shouldn't be missed by anybody involved in day trading and short term investing. A good choice for newbies or even old pros!
* ANALYZING BAR CHARTS FOR PROFIT: By John Magee - Learn how to analyze the markets successfully, using charts. Day trading books like this one guide you to an understanding of when to buy or sell based on your analysis as well as how to enhance the performance of your investments. Once you know how to use charts to spot trends, your profits are sure to skyrocket.
* ELIOTT WAVE EXPLAINED: By Robert Beckman - This book discusses wave theory and how it may be applied to forecast markets and trade successfully. One of the 'must have' day trading books on our list.
* FUTURES - FUNDAMENTAL ANALYSIS: By Jack Schwager - This is a book that shows day traders how to use fundamental and seasonal analysis and price forecasting of futures as aids to trading. Day trading books like this one will teach you the ins and outs of predicting market trends.
* GETTING STARTED IN STOCKS: By Alvin Hall. Good choice in day trading books for beginners. This book introduces novices to the world of stock trading. It's simple and practical with handy sidebar definitions. Provides user-friendly examples.
* HOW TO TRADE IN STOCKS: By Jesse Livermore & Teresa Aligood. Here we have one of the best day trading books written by Livermore. This book helps you to gain insight into his personal philosophy for speculative stock trading.
* HOW TO MAKE MONEY IN STOCKS: By William O'Neil. This book details the CANSLIM (common sense) theory of stock buying. William O'Neil founded the Investor's Daily newspaper. He explains his CANSLIM idea for buying stocks, similar in idea to Peter Lynch's common sense theories. One of the essential day trading books for practical traders.
* KEYS TO INVESTING IN COMMON STOCKS: By Nicholas G. Apostolou and Barbara Apostolou - Another in the arsenal of day trading books for the novice day trader. This is an easy-to-understand book detailing the basics of stock trading. It may be considered a stock trading book for dummies! Ideal for the beginner stock trader.
* MARKET WIZARDS: By Jack Schwager - You may already have a copy of this bestseller among your day trading books. It contains some candid and informative interviews with global players in the stock market. Get a copy for anybody interested in day trading or the financial markets.
This is just a taste of the type of books you will find on the market today. We suggest making a trip to the library or your local book store to find more of the titles that are available. Reading day trading books will never replace your own experience but it can give you some insight into what to avoid and help you to brush up on your stock market trading know-how. Every little bit helps and this is one career where it may be critical to stay informed.
