Trading books: where to start
Start with William O’Neil’s «How to Make Money in Stocks», which shows how growing stocks are picked. Then Mark Minervini on entries and stops, Nicolas Darvas on discipline, and Edwin Lefèvre’s «Reminiscences of a Stock Operator» on market psychology.
William O’Neil, «How to Make Money in Stocks». The CAN SLIM system: earnings growth, new products, industry leaders, institutional support and the market direction. Much of what you see in our terminal is built on it.
Mark Minervini, «Trade Like a Stock Market Wizard». How to find a stock before a strong advance, where to buy it and why the stop is set before you enter.
Nicolas Darvas, «How I Made $2,000,000 in the Stock Market»: the story of a dancer who traded by telegram and invented «boxes». Stan Weinstein, «Secrets for Profiting in Bull and Bear Markets»: the four market stages and the 30-week average.
Edwin Lefèvre, «Reminiscences of a Stock Operator»: a novel about Jesse Livermore written in 1923 and still current. Alexander Elder, «Trading for a Living»: psychology, risk and the trading journal.
FAQ
Which book should I read first?
O’Neil’s: it gives a system the others build on.
Are books enough to start?
No. A book gives you rules; skill comes only with a trading journal and a small amount in the account.
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Ratings, the screener and signals are in the terminal.
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