Trading is my profession. Here are what I consider to be the five Holy Grail books on trading, technical analysis and the stock market. You will probably not see them mentioned anywhere else. That is why I am listing them here. The principle underlying each book is the same. There are no indicators to learn and for the most part, no analysis software programs required. This stuff works.
1. Zen in the Markets, by Eddie Toppel .
You can read this during half time of the Super Bowl. If you grasp the concept correctly, you don't even have to read the rest of this list. samuraitrader.com
2. The Adam Theory of Markets, by J. Welles Wilder.
One of Wilder's lessor known treatises, it is probably his best. Forget about the folksy charm of the narrative and concentrate on the underlying theme. I don't routinely construct double reflection charts, after a while, they appear on their own.
3. Trading the Ross Hook, by Joe Ross.
Here is a simple and easily identifiable pattern that occurs in every market in every time frame. Why didn't I think of this?
4. Point and Figure Charting, by Tom Dorsey
The “other” way of charting with simple, objective, effective rules. Almost eloquent. dorseywright.com.
5. Confirmatory Analysis, Every Internet Investor's Guide To Winning Stocks, by Davis, et al.
Chapter 3 is devoted to technical analysis, but unless you have already read the above-listed treatises, it is unlikely to resemble what you have come to know as traditional technical analysis. The major difference? This stuff works. confirmatoryanalysis.com.
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