Below is a list of the top 10 books we recommend that every day trader should read.
1. Reminiscences of a Stock Operator
Reminiscences of a Stock Operator tells the story of one of the greatest traders that ever lived, Jesse Livermore. By reading the story of his successes and failures it provides a deeper perspective for traders on the rules, and consequences, of speculating in the market. Read More
What are market reaction times?
There are technical facts about the market that every trader should know. This includes identifying and anticipating when changes in the price and volume of the market will occur. One of the easy ways to do this is by knowing the reaction times in the market. Read More
In addition to this website, there are some valuable resources available to traders to help them identify trading opportunities in the market as well as track ongoing economic policy from governments. Below is a list of the top three news sources for traders. Read More
The market trades in trends, either up, down or sideways. As traders we have to decide when we should enter or exit on any given trend. Read More
Trading without a risk management strategy is pretty much just gambling with your money. Here are a four simple tips that can help boost your profitability. Read More
In day trading, charting is everything. To be an effective technical trader you must be able to setup and use charts effectively. Read More
Stock prices are influenced by market forces which include the levels of supply and demand. The supply of a stock is set by the company and is based on the number of shares they make available on the open market. The demand for a stock on the other hand is determined by several important factors. Read More