12 Best Day Trading Books You Should Read

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In order to excel in day trading and become a successful trader, you need to acquire a thorough day trading education. Not only will it allow you to learn a great deal about technical analysis, but it will also help you to mitigate risk by coming up with new strategies. Moreover, the best way to achieve it is undoubtedly studying day trading books.

You need to get your hands on day trading books that allow you to build confidence and avoid costly errors. Unfortunately, you don’t get the right book recommendations from the book retailers and librarians because they’re not day traders. That’s where this article will come into play to save your day.

After comprehensive analysis and market research, we have compiled a list of the best day trading books. Depending upon your needs, you can choose any of the following book options to take your day trading game to another level. So, let’s jump into it.

  • 1

    Technical Analysis of the Financial Markets: A Comprehensive Guide to Trading Methods and Applications

    Technical Analysis of the Financial Markets: A Comprehensive Guide to Trading Methods and Applications

    Best for:

    Beginners

    Book Description

    This book aims to help professionals who are looking forward to making a career in day trading. It contains information about money management, trading tactics, and tools that help the professionals to mitigate risk and earn more profit.

  • 2

    How to Day Trade for a Living: A Beginner's Guide to Trading Tools and Tactics, Money Management, Discipline and Trading Psychology

    Technical Analysis of the Financial Markets: A Comprehensive Guide to Trading Methods and Applications

    Best for:

    Beginners to learn trading Psychology

    Book Description

    If you want to build the right mindset for day trading by understanding psychology, this beginner's guide is one of the best books about day trading out there.

  • 3

    A Beginner's Guide to Day Trading Online (2nd edition)

    A Beginner's Guide to Day Trading Online (2nd edition)

    Best for:

    Beginners to learn online day trading

    Book Description

    A beginner's guide to day trading online, as the name suggests, is one of the best books for day trading for the young traders who want to day trade online.

  • 4

    Day Trading and Swing Trading the Currency Market: Technical and Fundamental Strategies to Profit from Market Moves

    Day Trading and Swing Trading the Currency Market: Technical and Fundamental Strategies to Profit from Market Moves

    Best for:

    Professionals for forex trading

    Book Description

    Day Trading and Swing Trading the Currency Market is one of the best books for day traders, especially professionals who are interested in forex trading.

  • 5

    The Truth About Day Trading Stocks: A Cautionary Tale About Hard Challenges and What It Takes to Succeed

    The Truth About Day Trading Stocks: A Cautionary Tale About Hard Challenges and What It Takes to Succeed

    Best for:

    Wealthy Professionals

    Book Description

    This book is specially crafted for wealthy professionals with big investments, and it aims to educate them not to jump into the water without learning about the depth and ropes.

  • 6

    Advanced Techniques in Day Trading: A Practical Guide to High Probability Day Trading Strategies and Methods

    Advanced Techniques in Day Trading: A Practical Guide to High Probability Day Trading Strategies and Methods

    Best for:

    Professionals who want to make a career in day trading

    Book Description

    This book aims to help professionals who are looking forward to making a career in day trading. It contains information about money management, trading tactics, and tools that help the professionals to mitigate risk and earn more profit.

  • 7

    Technical Analysis Explained, Fifth Edition: The Successful Investor's Guide to Spotting Investment Trends and Turning Points

    Technical Analysis Explained, Fifth Edition: The Successful Investor's Guide to Spotting Investment Trends and Turning Points

    Best for:

    Charting

    Book Description

    This book contains the information that allows you to spot the market trends and turning points to make the most informed decisions.

  • 8

    The Simple Strategy - A Powerful Day Trading Strategy For Trading Futures, Stocks, ETFs, and Forex

    The Simple Strategy - A Powerful Day Trading Strategy For Trading Futures, Stocks, ETFs, and Forex

    Best for:

    Strategy building

    Book Description

    It’s one of the masterpieces by Markus Heitkoetter that allows you to learn all the important basics to come up with the most successful trading strategy.

  • 9

    The Mental Strategies of Top Traders: The Psychological Determinants of Trading Success by Ari Kiev

    The Mental Strategies of Top Traders: The Psychological Determinants of Trading Success by Ari Kiev

    Best for:

    Learning trading psychology

    Book Description

    If you want to understand how the trading world works and how you can blend in perfectly, then this is one of the best day trading books for you.

  • 10

    Trading in the Zone: Master the Market with Confidence, Discipline, and a Winning Attitude by Mark Douglas

    Trading in the Zone: Master the Market with Confidence, Discipline, and a Winning Attitude by Mark Douglas

    Best for:

    Market Analysis

    Book Description

    If you want to learn about the market and how to develop discipline, confidence, and the right mindset, get started with this book.

  • 11

    The 1 Hour Trade: Make Money with One Simple Strategy, One Hour Daily

    The 1 Hour Trade: Make Money with One Simple Strategy, One Hour Daily

    Best for:

    One Hour Trading

    Book Description

    If you don't have enough time to spend on day trading, then this is the best book about day trading for you. That's because you will need to spend only one hour daily to earn profit by following a simple strategy.

  • 12

    Getting Started in Technical Analysis

    Getting Started in Technical Analysis

    Best for:

    Technical Analysis

    Book Description

    This book allows you to understand and perform technical analysis in detail, from types of charts-bar and trading system trends to chart patterns and price analysis.

Top 3 Day Trading Books for Beginners

We believe that beginners need books for day trading that offer a more detailed and step-by-step guide. Based on the quality of information and the reviews, the "top 3-day trading books for beginners: are as followed:

  • open-book

    Technical Analysis of the Financial Markets: A Comprehensive Guide to Trading Methods and Applications

  • open-book

    How to Day Trade for a Living: A Beginner's Guide to Trading Tools and Tactics, Money Management, Discipline and Trading Psychology

  • open-book

    A Beginner's Guide to Day Trading Online (2nd edition)

Top 3 Advanced Day Trading Books for Professionals

Professional traders already know the basics about day trading, and what they need is a more advanced guide that will allow them to reach new heights. For that matter, the top 3 advanced day trading books for professionals are as followed:

  • open-book

    Day Trading and Swing Trading the Currency Market: Technical and Fundamental Strategies to Profit from Market Moves

  • open-book

    The Truth About Day Trading Stocks: A Cautionary Tale About Hard Challenges and What It Takes to Succeed

  • open-book

    How to Day Trade for a Living: A Beginner’s Guide to Trading Tools and Tactics, Money Management, Discipline and Trading Psychology

FAQs

Why do you need to read books for day trading?

Books allow you to learn all the important details about day trading that you can use to make better strategies and learn more insights about risk management.

Is day trading difficult?

There is no straightforward answer to this question. If you understand the basics and know the necessary information about day trading, then it's, in fact, one of the easiest trading experiences. On the other hand, nothing is easy if you understand it properly.

Is day trading risky?

Just like all the other types of trading, day trading also comes with risks, and you can end up on the wrong side if you don't do your homework. That's where day trading books can help you a great deal.

Is day trading worth it?

Day trading is most probably the most well-known style of active trading. You can earn a handsome amount of profit as well, but you need to understand how it actually works.

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