The Best Book About Chart Trading?

[iccenuol]

Ok, so I need a book. Unfortunately there are absolutely tons of them on offer and I'm not sure which is the best for chart trading. Why do the chart trading books differ so much, I don't understand, a chart is a chart I would have thought?

Basically, I just want the best book, whereby I read and digest the information provided and then I hit the markets and make some money. I'm looking for plain and simple instruction, a comprehensive guide with no faff or ambiguity, although I realise that some form of trading dictionary may be required.

I've already looked at Trading for Dummies, though I'm not sure if professional traders would use this kind of material as an industry standard.


Thanks to all for helping out!

 

[Xela]

If it helps, I included in this post a list of the books that most helped me in becoming a profitable trader (they may or may not be the same ones which will also help you!).

There are also several other threads in which various members offer book recommendations/reviews: the forum's search function is your friend (but only if you use it).

 

[zdreg]

any book that gives one good new idea is a"best book".

 

[qxr1011]

whereby I read and digest the information provided and then I hit the markets and make some money. I'm looking for plain and simple instruction

Not going to find it.

Charting is only the means to analyse the market. To make money one needs a trading method.

And do not confuse the trading method with the market analysis.

 

[iccenuol]

If it helps, I included in this post a list of the books that most helped me in becoming a profitable trader (they may or may not be the same ones which will also help you!).

There are also several other threads in which various members offer book recommendations/reviews: the forum's search function is your friend (but only if you use it).

Hi Xela, and thanks for the speedy reply. Based on the above list and what you have said about the individual books, I'm going to choose the Joe Ross book, Trading the Ross Hook. I'll see if there's a free pdf to get me used to authors style before the actual book arrives.

I've got a good feeling about all this, I might actually be getting somewhere with the understanding of it all, it's quite complex for the beginner.

 

[iccenuol]

Not going to find it.

Charting is only the means to analyse the market. To make money one needs a trading method.

And do not confuse the trading method with the market analysis.

Hi qxr1011. That's exactly what I'm after, a standard trading method. Xela has reccomended a Joe Ross book which I'm going to purchase immediately, I'll use this book as a template, as my bible.

 

[Saltynuts]

Hi qxr1011. That's exactly what I'm after, a standard trading method. Xela has reccomended a Joe Ross book which I'm going to purchase immediately, I'll use this book as a template, as my bible.

The troll is strong with this one...

 

[iccenuol]

any book that gives one good new idea is a"best book".

Yeh definately, I can certainly see the logic in that. Thanks zdreg!

 

[qxr1011]

That's exactly what I'm after, a standard trading method.

Not going to find it !

You effectively looking for a blueprint to make money....

Those who have it will not share it ( obviously), those who share it (what ever it is they share) do not have it ( obviously).

 

[iccenuol]

Check out Al Brooks books.



The troll is strong with this one...

Hi Saltynuts. I'll stick with with Joe Ross as an industry standard, unless I find him impossible to profit from, or he isn't proven with a large fund or something. Thanks.