There are many different kinds of day trading books available to buy online and from bookshops.
If you want to improve your day trading skills and improve your knowledge in areas of the industry, then it is highly recommended that you pick a few up.
Please note, that no matter how great a book is, it will never be a magic pill for day trading success.
Sure, there are many books that include great information and tips, but no book can hand you the keys to day trading riches on a silver platter. You have to put the information that you learn into daily consistent action, and commit yourself to lifelong learning.
Also, books are not the only place to get information from. For example, there are many beginner and intermediate day traders who seek help from a mentor, so they can get first hand advice from somebody with years of knowledge and experience.
With that being said, here are a few day trading books to get you started on your journey:
Trade Your Way to Financial Freedom
This is one of the most popular day trading books currently on the market. In it, there are many different day trading methods covered, as well as some in-depth information on topics such as risk management and position sizing.
Trading to Win: The Psychology of Mastering the Markets
Written by Ari Kiev, this book gives you an over the shoulder look of what makes a day trader successful and the habits and mindset you must develop to get there. Ari is somebody that has many years of experience in the day trading world, so you can be sure that the advice in this day trading book is solid.
The Encyclopedia of Trading Strategies
A must have for any aspiring day trader. This book is a great point of reference for all of the different day trading strategies currently employed by millions of traders around the world. It’s a good starting point for beginner day traders who want to get an overview of the day trading world as a whole.
Day trading books are not the only things that make essential reading, as there are also dozens of different financial publications that are published on a daily, weekly and monthly basis.
These publications are an excellent way to get insider tips and general ideas that can form the basis of your own day trading strategies.
Here are a few of the more popular financial publications:
The Wall Street Journal
One of the biggest business newspapers in the world, the Wall Street Journal is published by Dow Jones and Company, and is read daily by more than 2 million people.
They also print an edition of the newspaper in Spanish, which is called The Wall Street Journal Americas, and can be found as a supplement in many of the top Latin American newspapers.
Released every two weeks, Forbes magazine is for anybody and everybody who is involved in business. Each issue contains all of the latest news and stories on companies, markets, trends and investments, and can excellent source for day traders to stay in tune with what is happening in the world of business.
Investors Business Daily
Founded in 1984, Investors Business Daily is an essential read for day traders who want up to the minutes news and views on financial topics.
One of the main benefits of reading this newspaper is it’s in-depth section on information related to the stock market.
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