Advanced books on technical analysis?

Discussion in 'Forex' started by kroxobor, Aug 17, 2020.

  1. Tradex

    Tradex

    Yep, and the backtest part is priceless, it cuts through all the crap and reveals what works and what does not work as far as trading strategies are concerned.

    I like these "just meat and potatoes" trading books.
     
    Last edited: Aug 17, 2020
    #11     Aug 17, 2020
  2. Tradex

    Tradex

    You can also try the "Compleat Day trader" (Volume 1 and 2) by Jake Bernstein.
    Plenty of profitable trading systems plus their TradeStation backtests.

    Or The Dow Jones-Irwin Guide To Trading Systems, by Bruce Babcock, another classic that shows historical tests of various trading systems and strategies in 10 different markets.
     
    Last edited: Aug 17, 2020
    #12     Aug 17, 2020
  3. ph1l

    ph1l

    If you have an ad blocker enabled, it might block Amazon links. For example, Adblock Plus does this.
     
    #13     Aug 17, 2020
  4. Tradex

    Tradex

    Oh I see, thanks for the info. :)
     
    #14     Aug 17, 2020
  5. maxinger

    maxinger

    There is no such thing as advanced books.

    trading books can be classified as

    1. books for school children
    2. books written by unsuccessful traders
    3. books written by successful traders


    even for category 3, most of these books don't talk about timing
    and when / what not to trade.
    they don't really teach you how to enter the market precisely.

    bottom line?
    we can still learn from books.
    but be prepared to decontaminate your mind, and develop your own holy grail
     
    Last edited: Aug 17, 2020
    #15     Aug 17, 2020
    damnpenguins and tommcginnis like this.
  6. you mean a primary school kids maths. :D

    The good think about TA is that you can be dumb as a bag of bricks and still understand it
     
    #16     Aug 18, 2020
  7. kroxobor

    kroxobor

    Nice suggestion. Anyway any recommendations of books to read?
     
    #17     Aug 18, 2020
  8. Tradex

    Tradex

    Some of them do, they give you specific buy/sell entries with specific stop and exit, plus the backtests and sometimes the programming code itself.

    I personally read hundreds of trading books so I know.

    But granted, most trading books just give you trading ideas, not specific trading rules.

    Perhaps because their systems suck big time... hahahaha :D
     
    #18     Aug 18, 2020
  9. Tradex

    Tradex

    Oh yeah?

    Try to understand and apply Elliot Waves theories or Gann cycles for instance, if you dare :p ;)
     
    #19     Aug 18, 2020
  10. wrbtrader

    wrbtrader

    There you go...good luck.

    algorithm-recommended-books.png

    Get them all and return the ones you do not like. In fact, do the same for any other topic related to trading.

    My point, learning to do your own research is a good skill to have as a trader.

    wrbtrader
     
    #20     Aug 18, 2020
    S-Trader, tommcginnis and Tradex like this.