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To: JWest0926 who wrote (38606)5/9/2002 1:25:40 PM
From: AllansAlias  Respond to of 209892
 
Do I understand that you only want suggestions on the more advanced texts?

(Say so now or you'll be getting lots of posts about crap that is of no interest to you. -g/ng)



To: JWest0926 who wrote (38606)5/9/2002 1:42:31 PM
From: AllansAlias  Read Replies (2) | Respond to of 209892
 
You are looking for books on the application of trading strategies and those are hard to find. Sure, there are lots of books about trading, but few that outline strategies in much detail.

You already have Miner's book. That's a real keeper.

Reminiscenses of a Stock Operator
-- by Edwin LeFevre

Mastering Elliot Wave: Presenting the Neely Method: ...
-- by Neely (Advanced and not for the faint of heart)

Street Smarts; High Probability Short Term Trading Strategies
-- by Raschke and Conners
(Other Conners books are pretty good too)

Hit and Run Trading (two books)
--by Jeff Cooper
(more applicable to bull market wiggle traders this set)

MOST IMPORTANT IMO: I think the best books that a trader can read when they aspire to a new level are the trading psychology books.

Also not to be neglected are the books that interview great traders, like Schwager's Market Wizard books.

Finally, I think market history is important since we are in the unique position of living through a bubble and its collapse.

Devil Take the Hindmost
-- by Chancellor (Excellent, easy read)

Debt and Delusion
-- by Warburton

Manias, Panics, and Crashes
-- by Kindleberger

Extraordinary Popular Delusions and the Madness of Crowds
-- by MacKay

All mho and if I were a great trader I wouldn't be here on SI. -g/ng



To: JWest0926 who wrote (38606)5/9/2002 2:53:25 PM
From: Davy Crockett  Read Replies (2) | Respond to of 209892
 
Hi JWest,

I would also add to AA's list the following books...

Trading for a Living by Dr. Alexander Elder ( & the workbook) amazon.com

The Battle for Investment Survival by Gerald M. Loeb
amazon.com

Technical Analysis of the Financial Markets : A Comprehensive Guide to Trading Methods and Applications -- by John J. Murphy;
amazon.com
Streetsmart Guide to Timing the Stock Market: When to Buy, Sell and Sell Short -- by Colin Alexander amazon.com
(this book saved me a ton of money when I bought it in December 1999)

Against the Gods: The Remarkable Story of Risk -- by Peter L. Bernstein
amazon.com
& another book by Bernstein The Power of Gold : The History of an Obsession -- by Peter L. Bernstein;
amazon.com
Seeing Tomorrow : Rewriting the Rules of Risk
by Ron S. Dembo, Andrew Freeman
amazon.com

Regards,
Peter