Naked Forex: High-Probability Techniques for Trading Without Indicators by Alex Nekritin and Walter Peters

Summary

A strong advocate of chart trading without using indicators. The point of view is not new, as it is the practice for majority of successful professional daytraders. It is, however, first time a book coming out to say that trading can be done with simpler and well defined trading plans based on several chart patterns only. I recommend this book to forex traders who find trading with indicators too confusing to follow.


Book Information

Naked Forex: High-Probability Techniques for Trading Without Indicators
Written by Alex Nekritin and Walter Peters

Rating

Useful
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The Day Trader’s Advantage: How to Move from One Winning Position to the Next by Howard Abell

Summary

A decent trading psychology book with many interviews on well-known traders. Focus on daytrading with outline on the author’s unique approach to making trading decisions. Interesting read and everything still applicable even today.


Book Information

The Day Trader’s Advantage: How to Move from One Winning Position to the Next
Written by Howard Abell

Rating

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Average

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The Inner Game of Trading by Robert Koppel and Howard Abell

Summary

A good summary of the psychological profile necessary for consistent profitability in trading. The strength of this book is that it is telling the story as it is – not everyone can become a great trader but it is possible to train anyone in becoming a good one as long as the person is willing to shape their minds into one. This is, however, also the weakness of the book as it can offend many people who think they know better.


Book Information

The Inner Game of Trading
Written by Robert Koppel and Howard Abell

Rating

Useful
Original
Readable
Average

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