30 Recommended Trading Books and Highlights by Industry Financial Tycoons Part II
Obscure but Hardcore Series:
"Chaos and Order in Capital Markets"
Explaining the market with physics: prices behave like molecular motion, and the rules are hidden within randomness.
"Dynamically Trading Points Method"
Using Fibonacci to draw support and resistance levels, buy the dip at 61.8%, and give up when it breaks.
"Rule-Based Trading Method"
Set strict rules for yourself: no positions opened on Monday, must close positions on Friday, and breaking the rules means cutting losses.
"Three Key Skills for Top Trading"
Emotion management + capital management + stop-loss discipline; everyone understands the theory, but executing it is the real challenge.
"Wall Street Gambles"
Revealing the dark history of market makers controlling the game; insider trading and rat trading are the real Wall Street.
"TG Price Action Trilogy"
Naked K strategy ceiling: no reliance on indicators, only watch for price breakthroughs and false moves.
Quantitative and Advanced Series:
"Beyond Technical Analysis"
Replacing subjective judgment with quantitative models; writing trading as code and backtesting before going live.
"How to Select Growth Stocks"
Fisher teaches you to find "ten-bagger stocks" over ten years: high R&D investment + reliable management + large market space.
"Ernest Chan's Quantitative Book"
Using statistics to outsmart the market; only strategies with a Sharpe ratio > 1 can be considered.
"Mastering Bitcoin"
A beginner's guide to blockchain, from mining to wallets, but don't expect to get rich quickly trading cryptocurrencies.
Futures and Forex Series:
"Futures Trading Strategies"
Advice from futures tycoons: leverage should not exceed 5 times; a gap overnight can teach you tough lessons in minutes.
"Forex Trading Practical Charts and Psychology"
Focus on the US dollar index + non-farm payroll data; set stop-losses before sleeping, or you may wake up to a zero account.
Forex Short-term Myth: Rolling snowballs with the Martingale strategy, but before earning a seaside villa, you might blow up your account.