Trading Books: by Better Trades

Anyone serious about using better trades as a source of income would be wise to take advantage of the stock market literature available in the marketplace. Tomes of various length and written in various styles - from conversational to professorial - are available for anyone who wants to graduate to the next level of skill.

What is better? Trades based on knowledge or trades based on hunch? The answer is knowledge, which is why financial literature can play such an important role in the process. Literature is available at the average bookstore that covers most of the important topics of interest to those who seek better trades: stock and options, technical analysis, price charts and indicators.

Among the best literature on the market is:

Secrets for Profiting in Bull and Bear Markets, by Stan Weinstein: This tome features essential information on making better trades, including when to buy and when to sell, and how to sell stocks short. Each chapter in this piece of literature can be applied and used by anyone desiring to graduate to the next level. This can be a good reference book for anyone looking to fill in their education gaps.

Tools and Tactics for the Master Day Trader, by Oliver Velez and Greg Capra: Day trading can be a complex strategy and isn't designed for the faint of heart. Literature like this explains the process and shows how it's possible to make a lot of money making swing trades that may be done in minutes or a couple of days. A graduate can learn many secrets for the better, trades that can enliven any bank account.

Wall Street Stories, by Edwin Lefevre: This book launched Lefevre's career in literature and should be read by anyone interested in better trades. First published in 1901, this piece of fictional literature features characters that are thinly veiled portraits of then-famous Wall Street personalities. Fans of good literature will appreciate the way the stories convey life in a bygone era and provides insights into human nature that remains applicable today.

Candlestick Charting Explained, by Greg Morris and Ryan Litchfield: The classic piece of literature that explains Japanese candlestick patterns. Morris and Litchfield, an instructor for the Better Trades stock market education company, looked at more than 14 million candle patterns for this fresh edition. Technical analysts can graduate to the next level by using this material, which blends the Japanese candlesticks with the traditional Western charting analysis. Once this material is mastered, the student is ready to graduate to better trades.

Making a Living in the Stock Market, by Bob Eldridge: The book tells Bob's story of how the former air traffic controller was able to go from learning about the stock market to teaching others about it.

Beginning Investor's Bible, by Doug Sutton: You can master the educational basics of making better trades through this introductory piece of literature. Sutton covers everything from bear call spreads to price graphs and strategies like straddles and strangles. Don't leave home without this priceless tome.