Trading Books for Beginners

Again, thousands of books out there.. How do I know which one to read?

Many books are crap. However, there are also many great books written about trading, different aspects of trading. Some deal with psychology, some with techniques, others about their personal experience. I could come up with a long list of great trading books but I won't...at least not now, not yet. As a new trader, I would recommend just two books for you to read now, to get you started. Remember "just do it"? Just grab the book and read it already. These books may seem difficult to understand at first, but with the help of your free Optionsxpress account that you opened, and with access to the live streaming stock charts, you will be able to learn along with the material in the book and be just fine. Heck, I think I'll just recommend you one single book, in case you're thinking of giving the excuse of not having the time to read two books. :)

So, here it is. Alexander Elder's "Trading for a Living".


This is the Amazon link to the book. A very highly rated classic bestseller by traders all around.

So there you have it. One single book for you to get started educating yourself. It's rather expensive to buy the book...costs SGD132.63 at Kinokuniya. So you may want to borrow it from the library. Or if you want the pdf version of the book, you can request for it at the shoutbox. I can email it to you.