I found these books helpful. For most traders I recommend them in the order they are listed on the page. Click on the link for more information.
A history of my trading life and the lessons and AHA moments I had as I figured out why certain concepts in trading were important or not important. I covered everything I could think of including: Buy/Sell engines, position sizing, mental side of trading and how to create you own version of an All-Weather approach. My most comprehensive book ever!
Trend Following Mindset – The genius of legendary trader Tom Basso
Michael W. Covel
A collection of thoughts on trading from various interviews over the years as well as a collection of my research reports all designed to help you get into the mindset of a successful trader. Covel’s interviews are always insightful. AUDIBLE VERSION also available.
Trade Your Way To Financial Freedom
Van K. Tharp
A great trading book covering the 3 requirements for trading success: a buy/sell engine, position sizing/portfolio management and mental awareness and discipline. If you can’t get the Creating Your Own Personal Trading Strategy Videos under the Learning Page, this is a good place to start.
Automated Stock Trading Systems
Laurens Bensdorp
A fantastic follow-up to The 30-Minute Stock Trader. I actually got to read an advanced copy and add a few suggestions. Great discussion of diversifying by strategy, automation and mental issues in trading. Great Interview with Laurens here. Laurens is a smart trader and offers some tutoring at The Trading Mastery School to traders striving to get better.
Trend Following
Michael Covel
This book is a compendium of trend following strategies, risk management, human behavior, interviews, etc. Michael also offers a flagship trend following investment system. Input “bassospecial” at checkout for a discount on this trading strategy.
The 30-Minute Stock Trader
Laurens Bensdorp
I wrote the foreword and loved the book. Great discussion of diversifying by strategy, automation and mental issues in trading. Laurens is a smart trader and offers some tutoring at The Trading Mastery School to traders striving to get better.
If you want the compendium, the next book is your best bet. My book is what I actually used during my Trendstat days and still do today. I cover why sizing is important, how to size initial positions in stocks or futures and how to manage position size throughout the life of the trade.
It’s all here. Everything you wanted to know about sizing positions including the approaches we used at Trendstat back in the day. Van offers seminars for traders and other educational products. seminars for traders and other educational products.
It’s all here. Everything you wanted to know about sizing positions including the approaches we used at Trendstat back in the day. Van offers seminars for traders and other educational products. seminars for traders and other educational products.
Excellent thoughts on the mental side of trading. Sadly Mark is no longer with us, but his great thoughts live on in his books and interviews.
Trading In The Zone
Mark Douglas
In my video series, Creating Your Own Personal Trading Strategy , I talk about changing your mental state to a helpful state and away from non-helpful states. Mark covers some of this here. Sadly Mark is no longer with us, but his great thoughts live on in his books and interviews.
Investment Psychology Inventory Profile Course
Van K Tharp
This analysis is a helpful tool in determining your areas of strength, as well as areas of weakness as a trader. It can help guide you towards the areas you most need to world on to be more successful.
The Psychology of Trading
Van K Tharp
his eight-part audio series includes interviews conducted by Dr. Tharp on topics such as:
- Discipline
- Mental State Control
- Daily Debriefing
- Many other important discussions that affect a trader’s personal psychology!
Peak Performance Course
Van K Tharp
It’s all here. Everything you wanted to know about sizing positions including the approaches we used at Trendstat back in the day. Van offers seminars for traders and other educational products. seminars for traders and other educational products.
Market Wizards: Interviews with Top Traders
Jack Schwager
The first of Jack’s excellent interviews with top traders in the industry. A classic that has been read by most traders it seems.
The second of Jack’s excellent interviews with top traders in the industry. I enjoyed being interviewed by Jack and liked the way he presented it in the book. Jack is the person who first tagged me “Mr. Serenity”.
This is the audio version of my 1995 book on the process of good investing by Wiley narrated by the author. I also updated some things and included an epilogue. Less expensive than the paperback.
Panic-Proof Investing; Lessons in Profitable Investing from a Market Wizard – by Tom Basso (PaperBack VERSION)
Tom Basso
This is the paperback version of my 1995 book on the process of good investing by Wiley narrated by the author. I also updated some things and included an epilogue. Amazon carries it.
Schwager On Futures – Technical Analysis
Jack Schwager
One of Jack’s excellent books on trading education, this one concentrating on futures and technical analysis. Perhaps a place to look for new ideas.