Personal Finance

Recommend me a good, must-read Stock Trading book

  • Last Updated:
  • Sep 6th, 2007 8:34 pm
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[OP]
Deal Addict
May 19, 2005
1117 posts
111 upvotes
Richmond Hill

Recommend me a good, must-read Stock Trading book

I've been trading on the market for a few months with some basic knowledge. Want to start learning more technical stuff such as: Options, shorting, level2 data, etc

Any books you've read that you recommend?
1 reply
Sr. Member
Jul 20, 2007
801 posts
4 upvotes
For long positions, I would recommend "How to Make Money in Stocks" by William O'Neil. You can find this at the public library.

But the only drawback is that I've only seen 1 instance of a proper O'Neil CUP & HANDLE pattern since I began studying his book: QUA.TO (May-June 2007 period). Too bad I missed that opportunity. > :(

There are two other names that come to mind regarding playing stocks for the long: Nicolas Darvas (find a price-volume increase that takes the stock to a new yearly high, but don't chase it - let it come to you) and Larry Williams (complicated "PhD-level" technical stuff, but the only thing that I've ever found useful was the Accumulation/Distribution line).

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