A bit contrarian to the typical "What's your best book you read...", but I find these rants entertaining. I have to say, this month I came across and oldie: "How I Made $1,900,336.82 Trading Commodities" Written by Larry Levin. Dear God, the title was suspicious enough, but the person was a real floor-trader back in the day. Though I was a bit suspect when this profit took the user a number of years to achieve in total. The book, which pretty much just goes on and on and on talking about everything from trying to sleep well at night, to thinking positive, and even including the subject of dieting right... because somehow your food you eat is important to trading. Throw in a bunch of plagiarized stuff from the typical "Improve your life/thinking" books, and that's it. There is almost NOTHING in here at all related to actual trading... except a few sheets at the very back that are hard to read which supposedly is proof that he made some profitable trades. Whoooopie! Any other compilations out there to avoid (and why)?
I have destroyed most of my trading books. most of the trading books were written by professional writers, not professional traders. Most of the writers seem to spend just a few days/weeks looking at the charts. they should spend thousands and thousands of hours looking at the charts. Also, most of the books don't talk about when to enter a trade because the writers don't know how to do it.
Well SHIT, so is The Anarchist's Cookbook! It is a great book, fun to read! So long as you don't do anything in it!
Funnily enough the most motivation I had to write a book was when I started first starting trading full-time. I wanted to supplement my trading profits with a steady income but I quickly realized I'm a trader not a writer or know anything about the book business. I think someone said it already but Traders are good at trading. Not writing, publishing, and marketing a book.