05. Booklist

Reading this page: 5-10 minutes.
Reading through the books: A few days reading through each would be time well spent.

There’s a few good old fashioned books that we consider almost essential reading for technical trading and getting to know the markets through charts and price-action. There’s also some sound coverage of risk management, trading psychology getting yourself organised for trading professionally. And it’s definitely good to get away from the computer sometimes!

Way of the Turtle by Curtis Faith

This book is a legendary story now, and a great introduction to technical trading. Even though the original Turtle Trading strategy no longer has any significant edge, the method of trading using technical entry and exit indicators over longer timeframes is still a sound approach for trading and investing this way.

Plus it’s a fun story from the time when technical trading involved drawing your own bar charts with a pencil and paper – making you realise how much of an advantage we have nowadays with such good computer charts for free.
Way of the Turtle on Amazon UK*
Way of the Turtle on Amazon US*

Trading for a Living by Alexander Elder

This is the original school for technical trading – Baby Pips in a book. It is a complete walk through technical trading, terminology and strategies. Read through this to get conversant with technical indicators and chart patterns.
Trading for a Living on Amazon UK*
Trading for a Living on Amazon US*

Come into my Trading Room by Alexander Elder

The follow up to Trading for a Living, bringing the methods up to date for computerised trading and modern strategies.
Come into my Trading Room on Amazon UK*
Come into my Trading Room on Amazon US*

Market Wizards by Jack Schwager

Trading professionally and investing for a living has become far more common as access to the markets has become accessible to private traders. To learn how to trade the way the professionals do it’s handy to be able to speak to a few. This updated edition is an interview with 15 highly successful professional traders using a variety of approaches there’s not many faster ways to access so much experience to help you on your way.
Market Wizards on Amazon UK*
Market Wizards on Amazon US*

Hedge Fund Market Wizards by Jack Schwager

Following up on the popular and insightful Market Wizards, this book, as you might guess, is an interview with 15 highly successful Hedge Fund managers. It’s amazing how many of the lessons are considered received wisdom in trading but that many people overlook, get back to basics and follow a success by keeping things simple and developing your methods and strategy to suit your lifestyle and trading goals.
Hedge Fund Market Wizards on Amazon UK*
Hedge Fund Market Wizards on Amazon US*

Of course we’re sure there are plenty more good and great books on trading but you can spend to much time looking and not enough time doing, so get through these must-reads and then get back to applying your skill to actually building a solid trading record.