From the list on cracking the trading code.
Who am I?
I came from a left-brained family, with my father a bank Forex manager and my mother in the tax office before motherhood. I've always been mathematically minded and went into mechanical engineering before my second career in trading and finance. But saying this sustains the fallacy that you have to have a head for numbers to trade. That is nothing like the truth, and I hope my last book pick shows that I have learnt and come a long way from my initial beliefs. Trading is anything but mathematical, mechanistic, or even natural, you have to study and learn new ways of thinking and doing, and you can only succeed if you are open to this.
Alan's book list on cracking the trading code
Discover why each book is one of Alan's favorite books.
Why did Alan love this book?
To say this book is a bargain is an understatement, as it is only $4.99 in Kindle format. For me, it fills in what may be overlooked by those who have a passing knowledge of technical analysis and only focus on the look of the charts, and that is the importance of volume, you know, the little bar at the bottom!
Volume is such a powerful indicator but is easily disregarded in the excitement of a dramatic price move. Yet it is the confirmation that what you are seeing is not just an apparition and will lead to the expected outcome. All traders should read this!
A Complete Guide To Volume Price Analysis
Why should I read it?
2 authors picked A Complete Guide To Volume Price Analysis as one of their favorite books, and they share why you should read it.
What is this book about?
It was good enough for them
What do Charles Dow, Jesse Livermore, and Richard Ney have in common? They used volume and price to anticipate where the market was heading next, and so built their vast fortunes. For them, it was the ticker tape, for us it is the trading screen. The results are the same and can be for you too.
You can be lucky too
I make no bones about the fact I believe I was lucky in starting my own trading journey using volume. To me it just made sense. The logic was inescapable. And for me,…