Trading Books for self enhancement

This thread is to share some books you have read or heard about,
in hope to assist all members for improving your trading all around.

please do post the book title and author and a slight synopsis abt it.

Cheers

Cals

The Trading Game - Ryan Jones

recommended by a friend on money management topic

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my list of read books which related to trading/socio-economics:
Asian Godfathers - Joe Studwell
Too Big To Fail-Andrew Ross Sorkin
Malaysian Maverick-Barry Wain
The Partnership:Making Of Goldman Sach-Charles D. Ellis
Freakonomics, Super Freakonomics-Steven D. Levitt
Popes & Bankers-Jack Cashill
The Great Game:Emergence of wallstreet-John S.Varrden
Fooled By Randomness-Nassim Nicholas Taled
The Black Swan-Nassim Nicholas Taleb

the great game is thick volume of story book which i put in office read while waiting my trades xD

another more technical book:
Definitive Guide To Position Sizing-Van K. Tharp
The Logical Trader-Mark Fisher

the logical trader till now canot finnish too boring

i have read Van Tharp's book and its a good one +1

Definitive Guide To Position Sizing-Van K. Tharp

Cals wrote:i have read Van Tharp's book and its a good one +1

Definitive Guide To Position Sizing-Van K. Tharp

same boat

aam, Cals ................ +1[You must be registered and logged in to see this image.]

Reminiscences of a Stock Operator
From Wikipedia, the free encyclopedia
Reminiscences of a Stock Operator

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Paperback 2006
Author(s) Edwin Lefèvre
Language English
Genre(s) Finance
Publisher John Wiley & Sons
Publication date 1923
Pages 288
ISBN 978-0-471-77088-6
Reminiscences of a Stock Operator is a 1923 novel by American author Edwin Lefèvre which is the thinly disguised biography of Jesse Lauriston Livermore. The Wall Street Journal described the book as a "classic", it was ranked #15 on 'Fortune's 75 The Smartest Books We Know', and Alan Greenspan said it is "a font of investing wisdom."

Cals
A must read, for any operator to understand what 100 years ago and today makes not much different on trading and its antics. Still a bible to all trading activities

orange book?....[You must be registered and logged in to see this image.]

Bucket shops specializing in stocks and commodity futures flourished in the United States from the 1870s until the 1920s. Edwin Lefèvre, who is believed to have been writing on behalf of Jesse Lauriston Livermore, describes the operations of bucket shops in the 1890s in detail. In the United States, the traditional pseudo-brokerage bucket shops came under increasing legal assault in the early 1900s, and were effectively eliminated before the 1920s.However, the term came to apply to other types of scams, some of which are still practiced. They were typically small store front operations that catered to the small investor, where speculators could bet on price fluctuations during market hours. However, no actual shares were bought or sold: all trading was between the bucket shop and its clients. The bucket shop made its profit from commissions, and also profited when share prices went against the client.

The terms of trade were different for each bucket shop, but bucket shops typically catered to customers who traded on thin margins, even as low as 1%. Most bucket shops refused to make margin calls, so that if the stock price fell even momentarily to the limit of the client's margin, the client would lose his entire investment.

The highly leveraged use of margins theoretically gave the speculators equally large upside potential. However, if a bucket shop held a large position on a stock, it might sell the stock on the real stock exchange, causing the price on the ticker tape to momentarily move down enough to wipe out its client's margins, and the bucket shop could take 100% of their investments.

They were made illegal after they were cited as a major contributor to the two stock market crashes in the early 1900's.

------From Wikipedia

bump

Those who read chinese can read this book. A trader from Wall street share his stock trading experience and strategy. Can apply to our Malaysia market. He only has Chinese version and not other language.

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I would like to recommend this, a very good book.[You must be registered and logged in to see this image.]

yes jack interviews all the market wizards, and you get to know them

"Market Wizards is a book written by Jack D. Schwager and published in 1988 in which he interviews a wide range of traders with excellent track records of profitability.
The book contains four parts covering interviews with traders in a wide range of markets. The interviews contain a mixture of facts about the trading careers of the interviewees, their philosophy, and many trading anecdotes. After each of the interviews, Schwager summarises what he believes are the key things to be learned from that particular trader. The book also contains a fifth part on the psychology of trading and two appendices on program trading and basic options theory. If you want to get some insights, by way of verbatim interviews, into the thought processes and trading rules. [1]
Among thosed profiled in this book are Ed Seykota, Bruce Kovner, Paul Tudor Jones, Michael Steinhardt, Van K. Tharp and James B. Rogers."

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bought tis for my collection ~

good book +1

Jesse's spirit keep me going on to trade even several defeat .....[You must be registered and logged in to see this image.]

Toni Turner

Against The Gods: The Remarkable Story Of Risk
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Nice book

a little bit of summary please from reader? pak aam

Cals wrote:a little bit of summary please from reader? pak aam

i havent got time to finish it just read 3 chapter nia
anyway
its about probability & its history
from math, to dice game, to how they devise & improve math of probability
also
man's venture against odds
also
walstreet thingy
also casino
also....
i finish i write later

hi abu.....long time no see

phoenix777 wrote:hi abu.....long time no see

aam wrote:

Cals wrote:a little bit of summary please from reader? pak aam

i havent got time to finish it just read 3 chapter nia
anyway
its about probability & its history
from math, to dice game, to how they devise & improve math of probability
also
man's venture against odds
also
walstreet thingy
also casino
also....
i finish i write later

According to tis book, leonardo math is today secondary school level, struggling with algebra, he take up real math lesson late, but got good creativity
oso arr math of probability actual start in jewish tradision of determining either a non-virgin woman shud be divorce or not