I’m interviewed by Tim Bourquin of The Money Show about day trading:
The Weekly Trader
I’m often asked to name the best books for rookie traders. In my opinion, there are a few books that stand out from the rest, which I listed below. A few years ago, I wrote an article for Fidelity Investments, “Ten Essential Books,” which listed my favorite books for investors and traders at that time.
Many of the same books are still just as useful. Here is a link to the original article:
And now, here is an updated list of my favorite trading books (in any order):
How to Make Money in Stocks by William J. O’Neil
How I Made $2,000,000 in the Stock Market by Nicolas Darvas
A Beginner’s Guide to Short-term Trading by Toni Turner
A Beginner’s Guide to Day Trading Online by Toni Turner
Reminiscences of a Stock Operator by Edwin Lefevre
Trading for a Living by Alexander Elder
Come into My Trading Room by Alexander Elder
Japanese Candlestick Charting Techniques by Steve Nison
Market Wizards and The New Market Wizards by Jack Schwager
Stock Traders Almanac by Jeffrey and Yale Hirsch
The Disciplined Trader by Mark Douglas
Extraordinary Popular Delusions and the Madness of Crowds by Charles MacKay
Trade Your Way to Financial Freedom by Van K. Tharp
Trading Options
If you are trading options, check out the book, The Rookies Guide to Options by Mark Wolfinger, who is one of my friends. When I have an options question, he’s the guy I ask. Another options book that I like is Options for the Beginner and Beyond by W. Olmstead.
If you have your own favorite books, please email me the names and I will include them in a future article.
I wrote the following article on day trading for Marketwatch.com:
It’s always nice to wake up to a positive book review from a professional reviewer. Review of my book, Start Day Trading Now, from Brenda Jubin, Ph.D.:
http://readingthemarkets.blogspot.com/2011/03/sincere-start-day-trading-now.html
Here is the fifteen-minute interview (without advertisements) I had on the Gabe Wisdom’s radio show in California regarding my newest book, Start Day Trading Now. In the interview he asked me if anyone can day trade, as it states on the front of the book. “Anyone can day trade,” I replied, “but not anyone can make money at it.”