DayTrader1 logo
Banner

Login



Favorites

Some of the more important books that we like are listed here. Reminiscence of a Stock Operator is by far the timeless trading novel that teaches us invaluable lessons on the aspects of trading and also on human psychology. We've read it countless times and each time we are amazed by the accuracy of the emotional dilemmas a trader has to go through before making a winning trade. Written before the 1929 crash, the text captures a trader's mind so accurately that after reading this book, you will understand that the hardest part about trading is your own insecurity or fear. This book is as close to understanding the financial markets as I have ever seen and qualifies as our best investment over the years. A couple of technical books that we've enjoyed by technical pro-trader Laurence A. Connors are "Investment Secrets of a Hedge Fund Manager: Exploiting the Herd Mentality of the Financial Markets," and "Connors on Advanced Trading Strategies." The latter book especially gives us many innovative technical analysis in today's volatile markets. Other technical books are also listed below and as we review new "daytrading" titles, we will add them accordingly:

Must read:

  1. "Reminiscence of a Stock Operator" by Edwin Lefevre
  2. "The Visual Investor: How to Spot Market Trends" by John L. Murphy
  3. "The Disciplined Trader: Developing Winning Attitudes" by Mark Douglas
  4. "How I Made $2,000,000 In The Stock Market" by Nicolas Darvas
  5. "How to Trade in Stocks - The Livermore Formula for Combining Time Element and Price" by Jesse L. Livermore

Technical books:

  1. "Investment Secrets of a Hedge Fund manager: Exploiting the Herd Mentality of the Financial Markets" by Laurence A. Connors
  2. "Connors on Advanced Trading Strategies" by Laurence A. Connors
  3. "Street Smarts: High Probability Short-Term Trading Strategies" by Laurence A. Connors and Linda Bradford Raschke
  4. "The Momentum Gap Method" by Lowell Miller
  5. "Trading Classic Chart Patterns" by Thomas N. Bulkowski
  6. "Hit and Run Trading: The Short-Term Stock Trader's Bible" by Jeff Cooper
  7. "Traders Guide to Technical Analysis" by C. Colburn Hardy

Other Reviewed Books:

  1. "Buffett: The Making of an American Capitalist" by Roger Lowenstein
  2. "Inside Intel: Andrew Grove and the Rise of the World's Most Powerful Chip Company" by Tim Jackson
  3. "The New Market Wizards" by Jack D. Schwager
  4. "When Genius Failed" by Roger Lowenstein
  5. "The Ultimate Secret to Permanent Prosperity" by Mike Hernacki

Direct trading book links 

Click here to connect directly to TradersLibrary.com

Click here to connect directly to TradersLibrary firesale books!
 
Banner

Disclaimers 

We have to use actual market quotations to illustrate exactly what we are doing and why we are doing it. Otherwise, the diaries and its entries of daytrader1.com will be misleading and not educational. The spirit of this website is to teach the market daytrader how to trade successfully by using real-time quotes and any attempt to duplicate these trades is not a guarantee to make money. These trades are our teaching "tools" and at the end, are only examples. Copying these trades are in fact beyond our control and we are not responsible for any trading losses borne out from this type of action.

We do not give investment advice on this website but only attempt to show you some of what we trade and how we trade it. Treat this website as reading a professional trader's trading journals or "diaries". Past performance is not indicative of future profits nor are our opinions guaranteed to be successful. We do not make markets in the stocks that we illustrate and we may buy and sell any stock at any prices regardless of our commentaries. And due to unforeseen web or network related technical problems, we can be down for an indefinite amount of time without any prior notice.

We reserve the right to cancel any subscription and/or withhold our email service towards people reselling our information, copying parts of our site and claiming that our original work is theirs, or just any other kinds of abusive action taken against this website. There will be no refunds for this type of behaviour.

The use of our username and password will be deemed as an acceptance and understanding of the purpose of this website as outlined in the above disclaimers. Again, this website is not a guarantee to make money but a teaching diary of how we setup and exit trades. By entering our subscriber page with the use of our username and password, the subscriber will then waive all rights to sue daytrader1.com and any other companies associated or related on this website. Daytrader1.com will not be held liable for any loss of money from trading as we do not give any advice or recommendations as to what to trade but only try to teach and illustrate how we trade our own funds in real-time trading. Again, we do advise against copying our daily trade examples as it is not a guarantee to make money.

This site contains links to other Internet sites. These links are not endorsements of any products or services in such sites, and no information in such site has been endorsed or approved by this site.

Copyright © 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 daytrader1.com™. All rights reserved. (01-01-09)