Top 10 Intraday Trading Books
The goal of a successful trader is to make the best trades. Money is secondary.
Alexander Elder
And to make those best trades, you need a good amount of trading knowledge. When it comes to day trading, it is always suggested to go for theory before practicals.
Intraday trading is one of the fanciest ways to make money. With that being said, it is not a piece of cake.
Trading is not just about placing orders; first, you need to understand the fundamentals which include the charts and candlestick patterns, then you work on your psychology to get the best trades.
And once you get hold of this day trading skill, you go for some advanced-level tactics that easily enhance your methodology of putting trades.
And the best way to ace the skill of day trading is to read intraday trading books.
List of Top 10 Intraday Trading Books
There are innumerable intraday books available in the marketplace and you can easily get confused while selecting which day trading books are worth your time.
So, to help you to get your hands on the best books to learn intraday trading, we have listed down the top 10 intraday trading books. Take a look:
- A Beginner’s Guide to Day Trading Online
- How to Day Trade For a Living
- How to Make Money in Intraday Trading
- Technical Analysis of the Financial Markets
- Japanese Candlestick Charting Technique
- Start Day Trading Now
- Market Wizards
- Trading in the Zone
- Mastering the Trade
- High Probability Trading
1. A Beginner’s Guide to Day Trading Online
“A beginner’s guide to day trading online” is written by Toni Turner. She is a technical analyst, educator, and speaker in the financial field.
The title of the book is enough to tell you that this book is suitable for beginner traders.
In this book, Toni Turner discussed the fundamental concepts of technical analysis and risk management.
Aside from the basics, she also talked about trading strategies that you can use in the same or other ways which makes this book one of the intraday trading strategies books.
To make your learning more efficient, she also added checklists and quizzes in attempting you can take better insights into the book.
Take a look at what you will get inside the book:
2. How to Day Trade For a Living
Andrew Aziz authored this intraday strategy book, “How to day trade for a living.”
He is a Canadian trader and an investor.
In this book, Mr. Aziz has mentioned his strategies for intraday trading and you can rely on his trading tactics as Andrew Aziz averages around $1000 a day on a $50000 trading account.
You will get to know the fundamentals of day trading and also the crucial difference between intraday and other forms of trading and investing.
Take a look inside the book:
3. How to Make Money in Intraday Trading
‘How to make money in intraday trading’ by Ashwani Gujral is the pure experimental knowledge of the author that he has gained over 25 years of trading experience.
The line under the book title: ‘A master class by one of India’s most famous traders’ is true to its core as Ashwani Gujral is an analyst, trader, and panelist on CNBC tv-18.
In his book, Mr. Gujral has given dozens of charts and examples that he, himself tested over time and got succeeded. You just need to apply them in your manner.
If you are looking for intraday trading books for Indian market, then you must check out this book.
Have a look at the content inside the book:
4. Technical Analysis of the Financial Markets
John Murphy has written a day trading book, ‘Technical analysis of the financial markets where he used his skill to simplify the complex topics of trading.
Mr. Murphy is a financial market analyst and was a technical analyst for CNBC.
He is considered a leading voice in the technical analysis arena.
He has poured all of his experience into this book, which every beginner trader should consider as it is one of the best intraday trading books.
5. Japanese Candlestick Charting Technique
Even if you are a beginner trader, you must have heard about candlesticks; they are the most common yet famous technical analysis tool.
Candlesticks were first used in Japan for trading and before Steve Nison’s work, the whole west was unaware of candlestick usage in trading.
In ‘Japanese candlestick charting techniques,’ the author discussed all the candlestick patterns used by today’s traders, which is the essence of all intraday books.
Take a look inside the book:
6. Start Day Trading Now
‘Start day trading now’ is authored by Michael Sincere, who is a MarketWatch and Wall Street Journal Columnist.
In this day trading book, he gave you some important lessons on money management in the stock market, tactics you can use while trading, and interviews with popular traders.
7. Market Wizards
The writer of the book, ‘Market wizards,’ Jack D. Schwager is an American trader.
His book features interviews with the 17 most popular traders who beat the market.
The book is full of gems; go through the book once and never repeat the mistake(s) that those traders did in their journey.
This book is one of the best intraday trading books.
Have a look inside the book:
8. Trading in the Zone
Remember! We talked about trading psychology in our introduction.
Theoretical knowledge is available all over, but what most traders want to tackle is their stiff mentality while making trades.
The component of fear and greed can easily impact your trade decision.
To help you overcome that barrier, Mark Douglas came up with ‘Trading in the zone,’ a book on trading psychology, which helps you to master the concept of investing and, of course, your psychology.
Have a look inside the book:
9. Mastering the Trade
The author of ‘Mastering the trade,’ John Carter has been in trading since 1996.
He has experimented a lot and documented what works for him in his book.
If you want to work on your basics, you can go with this book where Mr. Carter discussed accurate strategies, mistakes to avoid, and tips to follow.
This book is probably one of the best intraday trading strategy books.
10. High Probability Trading
Marcel Link has been trading for several years now, and in this intraday trading book, he talked all about trading such as how much to trade and what to do when you are in a winning position, how can you set up a trade, and more importantly, what should you consider while making that trade.
Have a look into the content of the book: