Category: Book Reviews

Reminiscences of a Stock Operator by Edwin Lefevre Review

The book is a “fictional” biography of Jesse Livermore, a stock trader that started his trading career at the beginning of the last century at a very early age.

The writer of the book really catches your attention as Livingston (the fictional character) makes millions, but then he makes a mistake and loses millions. He regroups, came back with a few thousands, makes millions again, makes another mistake, and loses them again.

esdwin lefevre review, reminiscences of a stock operator

Continue reading

Predictably Irrational by Dan Ariely Review

This book has nothing to do with trading the Forex market or any other market, but it can give you some much insight about how we, human beings make our day to day decisions (including trading decisions).

I have an economics background, and one of the main economic theories (probably the most important one) states that we make rational decisions, based on the information that we have at the moment. The same theory governs what happens on the financial markets, or any other market: supply and demand.

dan ariely, predictably irrational

Continue reading

Fooled by Randomness by Nassim Taleb Review

Turn on your TV and put on your favorite news channel after a sharp move on the market, a currency pair, etc. Wait, you don’t have to go that far, just go to Bloomberg or Reuters and you’ll always see an explanation of the “sharp move” it happened because the traders and investors took profits, traders and investors digesting the new info on the global crisis, etc.

All these news sites and channels play the past prophets. This information would be useful ahead of time, unfortunately no one knows how traders and investors are going to react. This is what hits book deeps in.

Fooled by Randomness, Nasim Taleb

Continue reading

Trading books

These are some of the trading books that I have on my shelf, and I think you should have them too, and read them of course :)

Some way or the other they have shaped the way I approach and trade the market (click on the image to see my review):

Good luck!

Raul Lopez

Forex Training

trading books