Are you planning to become a serious investor
to take a plunge into trade activities? Prior to taking the plunge,
it is essential to know about the tricks of the trade to increase
your chances of success, and with it the profit too. Reading share
trading books is an essential prerequisite for novices to get
equipped with the required secrets. Even the experienced traders
need fresh ideas and opinions, which can be gleaned by reading these
books. These top 3 share trading books aid the beginners as well as
experienced traders to glean vital information regarding trade
activities.
Trading for a Living: Psychology, Trading
Tactics, Money Management
It is one of the wonderful books that throw light on many aspects
pertaining to trade activities. The author of the book, Dr.Elder is
a psychologist, as he has highlighted the essence of psychology
related to trade activities, which in turn paves way for successful
trade activities. The book is a treasure trove to learn the common
psychological behaviours that have been considered as prime reasons
for the downfall of many traders. The tactics that need to be
adopted as the focal point of the traders can also be gleaned from
this book. The book reveals many secrets, which includes the need to
read the mood pertaining to the market, and the book is a valuable
one as it makes the readers understand the impact of gaps, trends
and chart patterns on the psychology pertaining to the overall
market. Several strategies are also covered in this book, as the
traders can make use of these strategies while they venture to trade
socks. The book combines the psychology pertaining to trade
activities, methods to be adopted for different markets allowing
trade activities and the different ways for protecting the capital
reserved for trade activities, which impart the necessary knowledge
required for traders to become successful.
Japanese Candlestick Charting Techniques
This is another interesting book that falls in the top 3 share
trading books, and the author Nison is a renowned personality, who
happens to be the first person to have introduced the famous
Japanese candlestick charting to the community involved in trade
activities and found in the western world. The uniqueness of the
candlestick charting lies in its ability to provide market price
action particularly when it happens to be the turning point. This
book has received acclaims from many trading enthusiasts who have
gained knowledge as well as profits after reading this book, and is
one of the best books that provide details about candlesticks. By
reading this book, enthusiasts can learn about many candlestick
patterns that are useful, as they can also learn the tricks to make
use of candlestick in combination with various technical analysis
tools that are common.
Trading in the Zone
Trading in the Zone is yet another gem that falls in the top 3 share
trading books, and the author Mark Douglas happens to be a personal
trading coach, as he has sent out strong signals about the thinking
strategy in this book, which according to the author is a prime
factor that influences the success rates of traders. Five specific
issues have been addressed by the author, which allows the traders
to gain the required understanding and insight about themselves to
pave way for successful results. Specific solutions have been
provided for the people factor pertaining to the commodity price
movement in this book. The book also serves well to unearth the real
reasons that lead to lack of consistency, as when stock picking is
concerned, which is but the self-confidence and lack of focus. The
book proves to be a useful companion as it lets the readers into
many secrets to develop a winner's mindset. It also helps the
readers to get out of their misconceptions related to the market.
With many compelling examples, this book aids the trader to enhance
the required skills for experiencing profitable trading endeavours.
