The Books Zone – Recommendations

Reminiscences of a stock operator (Edwin Lefevre)

Although the book was written and published more than 50 years ago, it still shows you, in a very entertaining way, the basic principles of trading psychology, trade timing & execution and some insights of how the “smart money” operates the markets. It was one of the first books I’ve read about trading and I recommend it to every novice trader making his first steps into the world of trading.

Trade what you see (Larry Pesavento)

Larry Pesavento’s “Trade what you see” is probably one of the “must read” books for those who are interested in harmonic trading patterns.

This book, along with “Harmonic Trading” by Scott M. Carney (see below), introduced me to the world of harmonic trading and the Fibonacci magic. As you can easily see in my blog, I use harmonic trading patterns and Fibonacci analysis as part of my Price Zones trading method. The techniques and trading rules described in “Trade what you see” show you the basics but with well written explanations that’s more than enough for those of you who are just starting to learn about harmonics.

Trading in the zone (Mark Douglas)

Ever felt like no matter how much you learn, you can’t create profits? Do you jump from one trading system to another in attempt to find the “holy grail of trading” (which doesn’t exist of course)? Having problems with your trade management?

If you didn’t understand it by now – Trading psychology is probably the most important thing you need to understand in order to become profitable. Trading

in the Zone uncovers the underlying reasons for lack of consistency and discusses the mental challenges each trader face in the financial markets each day. This book will teach you how to mentally deal with the randomness of the financial markets with tools like risk management and understanding probabilities

Technical analysis of the financial markets (John Murphy)

Technical analysis is the most common way of trading in the modern years. Support and Resistance, Trend lines, Candlesticks charts and patterns, and classic

trading patterns are all trading tools that are well described and explained inside this great book. If you are new to the world of basic technical analysis, this is a great book to start from.


Market Wizards (Jack D. Schwager)

We all have the desire to know more about how best in the business achieved their success.

Were they gifted? Lucky? Genius? Jack D. Schwager gives us, in his book, the opportunity to hear from top traders, more about their road to success. It doesn’t matter if you’re a technician, a fundamental analyst or any other kind of a trader – You can always learn from the best and this book is a great way to start

Harmonic Trading (Scott Carney)


Scott Carney is the inventor of the harmonic trading method. His book “Harmonic Trading” includes comprehensive information about the most common harmonic trading patterns – Gartley, Bat, Butterfly and the classic AB=CD pattern. 

With great details Scott Carney explains the basics behind the harmonic trading approach. If you want to take your harmonic trading to the next level I highly recommend to read Scott Carney’s book


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