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Book list: Trading books

Ugly Americans by Ben Mezrich

This book will teach you that you don’t have to be a rocket scientist to trade. You don’t have to be a math genius, or have super connections. You just need to have discipline. You’ll notice in this book that there isn’t a lot of room for error in a hedge fund – these guys play to win. The story of Malcom the football player turned hedge fund superstar will make your head spin. And teach you how important it is to prepare for your trades: he makes $500 million on one trade that he researches for months.

Day Trading the Currency Market by Kathy Lien

This book has an excellent description of the driving economic forces behind the currency market – and I don’t think you can find the same, reliable information in any other place, let alone in a book.

Technical Analysis of the Currency Market by Boris Schlossberg

Boris is a fundamental trader but he wrote a book about technical analysis. Go figure. The discussions of systems in this book makes it worth the cover price. He has a unique way of setting stop losses that is the best discussion of the subject that I have ever read.

Trading in the Zone by Mark Douglas

This is the best book on the mental side of trading ever written. Period.

When Genius Failed, by Roger Lowenstein

Genius doesn’t make you profits. Good money management and discipline do.

Liar’s Poker by Michael Lewis.

One of the most entertaining books about Wall Street ever written.

:) Falkor

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