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When you are learning to trade, you find yourself automatically going to Amazon or any other bookstore and searching for books on trading. Well, the industry has something to offer. Yet, bestsellers may not be the best choice for a struggling trader since they focus too much on beautiful setups, or underline the importance of discipline and risk control (as if we didn’t know that). 90 percent of traders don’t become more disciplined after simply knowing what they are expected to do. Knowing how good setups look like also has little correlation with success.
Most images of successful traders are unrealistic. Real traders break keyboards, violate their trading plans (if have ones), overtrade, attempt to pick tops/bottoms, trade defensively, don’t cut their losses and et cetera. And real traders rarely rely on somebody’s advice and knowledge.
Best of them find something that works for them, in their hands, and build on it. Until you find out what really works for you, no advice would help. That’s why, I always valued books which helped me become better version of myself. In this post, I want to share with you books, which have become eye-openers in my own trading. Hope, it will help you in your search for the right knowledge.