“When I meet someone who is interested in learning the trading business, I always refer them to what I consider to be the four Bibles of the business: Reminiscences of a Stock Operator by Edwin Lefevre, the fictionalized biography of the fabled Jesse Livermore; Technical Analysis of Stock Trends by Mcgee and Edwards, which was written in the first half of the twentieth century and whose tenets still hold today; The Elliott Wave Theorist by Robert Prechter and A.J. Frost, a classic, and finally Market Wizards by Jack Schwager, which is a compilation of interviews with great traders.” Paul Tudor Jones from the forward of The Logical Trader
They say that doctors and lawyers make the worst traders...well that's just one more thing I must overcome.
Saturday, December 6, 2008
Four Bibles of the Trading Business According to Paul Tudor Jones
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