More Advanced Stock trading Books to enhance the knowledge on stock market.
As Stock markets are the largest financial markets in the world, it needs a very good amount of knowledge to trade the market successfully and make better living with it. There are many different trading methods, strategies, tools and indicators are available there to analyze and predict the future price movement of the stocks and make winning trades.
Below I listed few of the books on Stock Trading that I liked personally and think that can be very helpful for any trader who knows the basic rules and method of Stock Trading, and still searching ways to enhance their knowledge on different aspects of stock market behavior and the way to trade the market wisely and gain maximum profit by reducing the losses it hold.
Trade Like a Stock Market Wizard: How to Achieve Super Performance in Stocks in Any Market
Trade Like a Stock Market Wizard: How to Achieve Super Performance in Stocks in Any Market
By - Mark Minervini
Pages: 351. Publisher: McGraw-Hill Education.
One of the America's most successful stock trader with over 30 years of experience, Mark Minervini brought his all the secrets of trading like a real stock market wizard in the book "Trade Like a Stock Market Wizard: How to Achieve Super Performance in Stocks in Any Market". This is a masterpiece for not a only a beginner, but even for the experienced traders as well.
In this book, Minervini revealed his trademarked stock trading method SEPA, which provides out-sized returns in virtually every investment market by combining careful risk management and self-analysis. He explained in plain English on how to identify the most profitable trade entry points and preserve capital for consistent triple digit return.
With more than 160 chart examples and many more case studies, he shows the techniques to finding best stocks before the price increase big, tips to managing losses to protect the profits, deep explanation on when to buy and when to sell with profit, buying the IPO's, tips on avoiding risk situations, Important fundamentals to look on, some of the Minervini's personal trade examples with his comments and reasoning behind the trading decision and many more valuable tips and techniques to trade the stock market profitably.
This is a must read book for every stock market trader in order to make a wealthy living by following the methods taught by a stock market wizard like Mark Minervini. Its really a book that worthy to read and follow.
How to Make Money in Stocks: A Winning System in Good Times and Bad
How to Make Money in Stocks: A Winning System in Good Times and Bad
By - William J. O'Neil
Pages: 464. Publisher: McGraw-Hill Education
When choosing a right and profitable stock in the stock market it is quite become difficult for a beginner to intermediate trader if they don't know how to chose a winning stock to trade for profit. William J. O'Neil explained all of the secret to chose a profitable winning stock in his "How to Make Money in Stocks: A Winning System in Good Times and Bad" book.
This book covered all of the most possible ways to look for a winning stock in the stock market. He shows the tips and techniques to chose a profitable stock by doing basic to advanced level stock analysis which includes massive discussion on America's greatest stock picking secrets, Reading charts to improve stock selection and timing, Analysis method for new stocks or new companies, Supply and demand analysis, Annual earning report analysis and many more of the basic terms to look for a profitable winning stock.
He also explained when to sell the stocks by taking maximum profits, money management techniques for different types of stocks and bond trading, 21 common mistakes that an amateur investor make and how to avoid these mistakes, tips to pick best market themes sectors and industry groups, Using IBD method to find potential winning stocks, techniques to watching the market and reacting to news to capture a winning stock and some other very important rules to consistently make more money by trading the profitable stocks in the stock market.
This is nicely demonstrated book on selecting the profitable stocks and trading that stock like a professional trader to earn maximum profit and minimizing the risks.
Think & Trade Like a Champion: The Secrets, Rules & Blunt Truths of a Stock Market Wizard
Think & Trade Like a Champion: The Secrets, Rules & Blunt Truths of a Stock Market Wizard
By - Mark Minervini
Pages: 256.
This is kind of the 2nd version of Mark Minervini's first book "Trade Like a Stock Market Wizard". In this book "Think & Trade Like a Champion: The Secrets, Rules & Blunt Truths of a Stock Market Wizard", Mark Minervini, one of the America's successful investor shows his methods and techniques on how to think and analyze the market to profitably trade the stock market like a champion profitable trader.
In the introductory section of this book, Mark explained how to build a proper mind-setting approach and thinking like a professional trader. Later he shows some very important rules and techniques to manage the trades someone already made by knowing each of the single steps of their psychological trading approach. He also explained very thoroughly how and why to buy any stock to make it run in your favor, tips and techniques on when to sell a stock like a professional to gain maximum profit, position sizing methods to have optimal result and some other very important aspects of trading the stock like a professional.
In the last chapter of this book, he interviewed Jairek Robbin's, an american performance coach and motivational speaker about the different psychological aspects to improve the trading behavior and having winning mindset as a trader.
