Recommended Reading

Recommended Reading

Most Trading Books Are Garbage!

Here are the must have books that a trader should own, read and re-read. Most trading books are pure garbage. The worst offenders are the books that just get your feet wet with some technical indicators without teaching proper money management and philosophy on how the stock market works.

The average trader lasts just a few months before going bust. The shorter the time span, the quicker they run out of money. If you want to make money, you must learn from those who had to learn the hard way.

These are the best of the best because they actually help. I don't make any money for recommending these books. Links to Amazon.com are provided since I only buy books from them.

	This is the best book I ever read on the stock market. Never mind that it's about trading in the early 1900's. There's nothing new under the sun...especially when it comes to the stock market. You have to read this one if you want to be successful and pull some money out of the market! READ IT, READ IT, READ IT!!!! After you read it, I hope that you understand how important money management is.
	Jack Schwager's interviews with top traders is an eye opener. It's great to read about market timers in both stocks and futures that prove again and again that the market is not efficient, and there is money to be made -- even when trading billions of dollars.
	Jack's back with the next book of interviews with top traders. It's great to listen to the mindset that makes a great trader. It's not about being smart, it's about sticking to your methods and ignoring what the rest of the herd is telling you to do.

The results listed herein are based on hypothetical trades. Plainly speaking, these trades were not actually executed. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under (or over) compensated for the impact, if any, of certain market factors such as lack of liquidity. You may have done better or worse than the results portrayed.