A super-quick disclaimer… These are all affiliate links. For Amazon compliance here is the required disclaimer:
CoreyB.xyz is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.com.
With that out of the way, let’s get to the goodies!
FOREX Trading Simulation
Forex Tester is one of the most useful tools you will have. Instead of hoping you have a strategy that works you can test it, and yourself, and discover the truth. Generate months of trading in a day and test your assumptions and expectations. Know you can beat the market!
Some Of The Best Trading Books
Larry Harris has produced the most comprehensive book on market dynamics and trading that you may ever see. Trading and Exchanges: Market Microstructure for Practitioners is THE traders bible. If you haven’t read this book then you haven’t read a thing. This may be one of the driest books you’ll read on the topic of trading, but it’s as comprehensive as it gets. “Trading and Exchanges” is an owners manual for markets that covers every nut and bolt involved.
Jesse Livermore is a name you can’t escape. Boy Plunger is legendary as a market speculator. From nothing, to untold riches, to his suicide, Reminiscences of a Stock Operator covers the life and legend, and once you are finished you’ll feel you knew him personally.
Mark Douglas is renowned in the trading scene. His books are worshiped and lauded. Possibly the most famous book on trader psychology would have to be his book Trading in the Zone: Master the Market with Confidence, Discipline and a Winning Attitude. Anybody who considers themselves at all serious about trading has this book and has digested its contents at least once, if not multiple times.
Brett Steenbarger, Ph.D, has been a mentor to swarms of traders, helping them stay on course and true. His focus is on Hedge Fund, bank, and prop shop traders. He also maintains a blog discussing trading ideas, psychological concepts relevant to traders, and is just a great resource for traders. The Daily Trading Coach: 101 Lessons for Becoming Your Own Trading Psychologist is a book that will keep you motivated like the words of Mark Douglas.
Nick Radge is an Australian trader who runs an advisory and coaching service. With experience in Australian, US, and FOREX markets, Nick Radge has a tonne of experience to share. Go on a trend trading journey with Nick in Unholy Grails – A New Road to Wealth
Daemon Goldsmith, the nom de plume of Darkstar at Forex Factory, is a true trading hustler (in the good sense). His love for the markets sees through the typical cruft and fabrications strewn across forums. Order Flow Trading for Fun and Profit is a rare book that started as a limited print but which expanded to be a supplement to the Orderflow Trading Academy run by Darkstar and his inner of circle of friends, bank traders, fund managers, and more.
Michael Covel is famous for interviewing and writing about the infamous “Turtle Traders” found and taught by Richard Dennis. Similar to the movie “Trading Places”, Richard Dennis made a wager that profitable trading can be taught. After forming a group of strangers who replied to his ad he set about teaching them discipline, money management, and how to extract profits, all from a set of rules that were to be strictly followed. Covel is a huge fan of trend trading and his books fanatically espouse the benefits of following market trends. Follow his journey with the Turtles with The Complete TurtleTrader: How 23 Novice Investors Became Overnight Millionaires and see how a group of random people with no trading experience became some of the most famous traders in the world.
Jack Schwager’s Market Wizards, Updated: Interviews With Top Traders is a compelling set of interviews with successful traders who each have a unique story to tell. This is a classic that has been revised and updated, and captures the essence, emotions, and thoughts of true market wizards.
Floored takes you on a journey through success, failure, and the alpha-filled world of floor trading to the sedentary and isolated computer trading setup that we all know today.
Margin Call is an understated, slow-paced fiction that captures the feeling of big money versus the rest of the world. This interesting film is a great demonstration of allowing complexity to get in the way of being on top of your game, and how hubris will bring you down.
Rogue Trader… is you without discipline and an edge. Ewan McGregor will have you filled with stress while watching this film, especially when you know this is based on real events. That’s right – This fiction isn’t fiction at all!
Want to know more about the 2008 financial crisis?
Inside Job is a documentary of interviews revealing the inner-workings of how it all went wrong. This documentary is an Academy Award winner.
Too Big to Fail comes from HBO and is based on a bestselling novel of the same name. This is a fictionalized version of how everything played-out, providing viewers with a more dramatic take on things and a less brutally raw view such as that in Inside Job.
Now Let’s Unwind…
The Mindful Way To Study: Dancing With Your Books may be just what you need when the trader psychology books are becoming too much to bear. Be mindful with your life.