{"format":"alysly-page/1","url":"https://alysly.com/learn/books/trading/","json":"https://alysly.com/json/learn/books/trading/index.json","lang":"en-US","title":"Trading Books: Charts, Candlesticks and Trading Psychology","description":"Classic books on technical analysis, candlesticks, trend following and trading psychology, each described by what it teaches and where it falls short.","modified":"2026-11-13T00:00:00Z","about":"Machine-readable version of the page at url. It contains the text, tables and key figures published there, but not the interactive charts and tools.","breadcrumb":[{"name":"Learn","url":"https://alysly.com/learn/"},{"name":"Books","url":"https://alysly.com/learn/books/"},{"name":"Trading & Technical Analysis","url":"https://alysly.com/learn/books/trading/"}],"content":[{"type":"heading","level":1,"text":"Trading Books: Charts, Candlesticks and Trading Psychology"},{"type":"paragraph","text":"Trading literature comes in three layers, and buying the same layer three times is the usual mistake. The first teaches the craft: what a trend is, what a candle says, how to read a chart without a story attached. The second turns that into a rulebook — entry, exit, position size, what happens after four losses in a row. The third deals with the person holding the mouse, because the rulebook is easy to write and hard to follow."},{"type":"paragraph","text":"The titles below are sorted by that logic, not by how famous they are. Every entry says which layer the book belongs to, what prior knowledge it assumes, and where its age shows. Several are decades old and still worth reading. Where a book's parameters have been public long enough for markets to adapt to them, the entry says so."},{"type":"paragraph","text":"The purchase links on this page are Amazon affiliate links: as an Amazon Associate we earn from qualifying purchases, and the price is the same for you either way. Which titles appear here, and what is written about them, does not depend on it. The links open Amazon's German store in English — that is the marketplace our affiliate account belongs to."},{"type":"paragraph","text":"9 titles, 9 of them with our own assessment."},{"type":"paragraph","text":"Every assessed title carries a rating from 3 to 5 points. The scale starts at 3: books we consider weak are not listed here. Five points are awarded by hand to titles that hold up over years; the strongest of those are marked as an Alysly Book Pick. The order on this page follows our internal ranking across all 29 titles."},{"type":"image","src":"https://alysly.com/img/books/en/japanese-candlestick-charting-techniques.webp","alt":"Book cover: Japanese Candlestick Charting Techniques"},{"type":"paragraph","text":"Alysly Book Pick"},{"type":"paragraph","text":"Read and recommended by Alexander Bock (Founder of Alysly.com)","links":[{"text":"Alexander Bock","href":"https://alysly.com/about/"}]},{"type":"heading","level":2,"text":"Japanese Candlestick Charting Techniques"},{"type":"paragraph","text":"A Contemporary Guide to the Ancient Investment Techniques of the Far East, Second Edition"},{"type":"paragraph","text":"5/5 · rank 2 of 29"},{"type":"paragraph","text":"Steve Nison · 2001 · Prentice Hall Press · Hardcover · ISBN 9781101659786"},{"type":"paragraph","text":"The book that brought candlestick charting to Western markets, and still the most careful treatment of it. Nison defines each pattern precisely, insists on the trend context around it and says plainly that a doji or a hammer means nothing on its own. The second edition adds combinations with Western indicators. Two caveats: the historical framing runs long, and single-pattern claims have held up poorly under later statistical testing. That argues for testing them yourself, not for skipping the book."},{"type":"paragraph","text":"View on Amazon Affiliate link","links":[{"text":"View on Amazon","href":"https://www.amazon.de/s?k=ISBN+9781101659786&language=en_US&tag=alysly-21"}]},{"type":"image","src":"https://alysly.com/img/books/en/study-guide-to-technical-analysis-of-the-financial-markets.webp","alt":"Book cover: Study Guide to Technical Analysis of the Financial Markets"},{"type":"paragraph","text":"Alysly Book Pick"},{"type":"paragraph","text":"Read and recommended by Alexander Bock (Founder of Alysly.com)","links":[{"text":"Alexander Bock","href":"https://alysly.com/about/"}]},{"type":"heading","level":2,"text":"Study Guide to Technical Analysis of the Financial Markets"},{"type":"paragraph","text":"A Comprehensive Guide to Trading Methods and Applications"},{"type":"paragraph","text":"5/5 · rank 3 of 29"},{"type":"paragraph","text":"John J. Murphy · 1999 · New York Institute of Finance · Paperback · ISBN 9781101659205"},{"type":"paragraph","text":"A question-and-answer companion to Murphy's textbook, chapter by chapter, with chart exercises to work through. It only makes sense next to the main volume — on its own it is a set of answers to questions you have not read. Worth the money if you learn by being tested rather than by reading, or if you are preparing for a market-technician exam. Everyone else is better off spending the same hours on real charts with the textbook open."},{"type":"paragraph","text":"View on Amazon Affiliate link","links":[{"text":"View on Amazon","href":"https://www.amazon.de/s?k=ISBN+9781101659205&language=en_US&tag=alysly-21"}]},{"type":"image","src":"https://alysly.com/img/books/en/market-wizards-updated.webp","alt":"Book cover: Market Wizards, Updated"},{"type":"heading","level":2,"text":"Market Wizards, Updated"},{"type":"paragraph","text":"Interviews with Top Traders"},{"type":"paragraph","text":"5/5 · rank 5 of 29"},{"type":"paragraph","text":"Jack D. Schwager · 2012 · John Wiley & Sons · Hardcover · 480 pages · ISBN 9781118273050"},{"type":"paragraph","text":"Seventeen interviews with traders who made their money in the futures, currency and stock markets of the 1970s and 1980s. This updated edition adds new commentary. The methods contradict each other flatly, so the value lies in what survives the contradiction: sizing, cutting losers early and being able to say why a position was taken. It is worth reading for the pattern across the interviews, not for a system. It belongs before the psychology books, because it shows the problems they try to solve."},{"type":"paragraph","text":"View on Amazon Affiliate link","links":[{"text":"View on Amazon","href":"https://www.amazon.de/s?k=ISBN+9781118273050&language=en_US&tag=alysly-21"}]},{"type":"image","src":"https://alysly.com/img/books/en/way-of-the-turtle.webp","alt":"Book cover: Way of the Turtle"},{"type":"heading","level":2,"text":"Way of the Turtle"},{"type":"paragraph","text":"The Secret Methods that Turned Ordinary People into Legendary Traders"},{"type":"paragraph","text":"5/5 · rank 6 of 29"},{"type":"paragraph","text":"Curtis Faith · 2007 · McGraw-Hill · Hardcover · 286 pages · ISBN 9780071486644"},{"type":"paragraph","text":"An insider account of the Turtle experiment. Richard Dennis set out to prove that trading could be taught by teaching novices a trend-following system. Faith publishes the rules: breakout entries, volatility-based sizing and hard exits. More useful is what it felt like to follow them through long losing stretches. Treat the parameters as history: they have been public for decades and markets adapt. The chapters on risk and on expectancy age far better than the system does."},{"type":"paragraph","text":"View on Amazon Affiliate link","links":[{"text":"View on Amazon","href":"https://www.amazon.de/s?k=ISBN+9780071486644&language=en_US&tag=alysly-21"}]},{"type":"image","src":"https://alysly.com/img/books/en/technical-analysis-of-the-financial-markets.webp","alt":"Book cover: Technical Analysis of the Financial Markets"},{"type":"heading","level":2,"text":"Technical Analysis of the Financial Markets"},{"type":"paragraph","text":"A Comprehensive Guide to Trading Methods and Applications"},{"type":"paragraph","text":"5/5 · rank 8 of 29"},{"type":"paragraph","text":"John J. Murphy · 1999 · New York Institute of Finance · Hardcover · 576 pages · ISBN 9780735200661"},{"type":"paragraph","text":"The reference work of chart-based analysis: trend, support and resistance, reversal and continuation patterns, moving averages, oscillators, volume, intermarket relationships, point-and-figure, Elliott waves. Murphy explains each tool cleanly and never promises that it works. It is a textbook you look things up in for years, not a strategy you follow. Its examples predate electronic markets and intraday data volumes, which shows. Still the first book to own in this group, and the one the others assume you have read."},{"type":"paragraph","text":"View on Amazon Affiliate link","links":[{"text":"View on Amazon","href":"https://www.amazon.de/s?k=ISBN+9780735200661&language=en_US&tag=alysly-21"}]},{"type":"image","src":"https://alysly.com/img/books/en/trading-in-the-zone.webp","alt":"Book cover: Trading in the Zone"},{"type":"heading","level":2,"text":"Trading in the Zone"},{"type":"paragraph","text":"Master the Market with Confidence, Discipline and a Winning Attitude"},{"type":"paragraph","text":"5/5 · rank 9 of 29"},{"type":"paragraph","text":"Mark Douglas · 2000 · Prentice Hall Press · Hardcover · ISBN 9780735201446"},{"type":"paragraph","text":"The standard text on trading psychology and the source of the “think in probabilities” framing that the rest of the field borrows. Its central exercise is to treat any single trade as one draw from an edge with positive expectancy. That habit separates a mechanical trader from someone who takes each loss personally. Short on markets, long on mindset, repetitive by design. It gives no entries and no exits, so pair it with a method book rather than reading it alone."},{"type":"paragraph","text":"View on Amazon Affiliate link","links":[{"text":"View on Amazon","href":"https://www.amazon.de/s?k=ISBN+9780735201446&language=en_US&tag=alysly-21"}]},{"type":"image","src":"https://alysly.com/img/books/en/the-disciplined-trader.webp","alt":"Book cover: The Disciplined Trader"},{"type":"heading","level":2,"text":"The Disciplined Trader"},{"type":"paragraph","text":"Developing Winning Attitudes"},{"type":"paragraph","text":"5/5 · rank 10 of 29"},{"type":"paragraph","text":"Mark Douglas · 1990 · New York Institute of Finance · Hardcover · 239 pages · ISBN 9780132157575"},{"type":"paragraph","text":"Douglas's first book, and the rougher of his two. The argument is that most trading losses are self-inflicted: the trader carries expectations into a place that owes him nothing. Half the book builds a general theory of belief and perception before it reaches the market, which slows it badly. If you read one Douglas, read Trading in the Zone. This one is for readers who want the reasoning before it was compressed into a framework, and who do not mind the detour."},{"type":"paragraph","text":"View on Amazon Affiliate link","links":[{"text":"View on Amazon","href":"https://www.amazon.de/s?k=ISBN+9780132157575&language=en_US&tag=alysly-21"}]},{"type":"image","src":"https://alysly.com/img/books/en/best-loser-wins.webp","alt":"Book cover: Best Loser Wins"},{"type":"heading","level":2,"text":"Best Loser Wins"},{"type":"paragraph","text":"Why Normal Thinking Never Wins the Trading Game"},{"type":"paragraph","text":"4/5 · rank 21 of 29"},{"type":"paragraph","text":"Tom Hougaard · 2022 · Harriman House · Paperback · ISBN 9780857198228"},{"type":"paragraph","text":"A high-stakes day trader's account of why his results only improved once he stopped trading the way the books told him to. He argues that the instincts that feel prudent (banking small gains, holding losers, cutting size after a win) are backwards for someone who trades for a living. Strong on self-observation and on what a real drawdown does to judgment. Weak as instruction: there is no system here, and the size he trades makes his experience hard to copy directly."},{"type":"paragraph","text":"View on Amazon Affiliate link","links":[{"text":"View on Amazon","href":"https://www.amazon.de/s?k=ISBN+9780857198228&language=en_US&tag=alysly-21"}]},{"type":"image","src":"https://alysly.com/img/books/en/how-to-day-trade-for-a-living.webp","alt":"Book cover: How to Day Trade for a Living"},{"type":"heading","level":2,"text":"How to Day Trade for a Living"},{"type":"paragraph","text":"A Beginner's Guide to Trading Tools and Tactics, Money Management, Discipline and Trading Psychology"},{"type":"paragraph","text":"4/5 · rank 24 of 29"},{"type":"paragraph","text":"Andrew Aziz · 2016 · Independently published · Paperback · 136 pages · ISBN 9781535585958"},{"type":"paragraph","text":"A short, practical introduction to intraday stock trading: order types, level 2, float and catalyst-driven setups, risk per trade and the routine of a trading day. It is the cheapest clear starting point for the mechanics and it says openly that most beginners lose money. It is no evidence that the setups work: they are described, not tested. The book also doubles as the entry point to the author's paid community. Take the vocabulary, verify the rest."},{"type":"paragraph","text":"View on Amazon Affiliate link","links":[{"text":"View on Amazon","href":"https://www.amazon.de/s?k=ISBN+9781535585958&language=en_US&tag=alysly-21"}]},{"type":"heading","level":2,"text":"Related Pages on Alysly"},{"type":"list","ordered":false,"items":[{"text":"Learn the same chart patterns for free, with test data","href":"https://alysly.com/learn/"},{"text":"Index prices, breadth and drawdowns","href":"https://alysly.com/markets/indices/"}]},{"type":"paragraph","text":"Data note 1","href":"#dn-1"},{"type":"paragraph","text":"Updated Nov 13, 2026"},{"type":"heading","level":2,"id":"note-legend-h","text":"Data Notes"},{"type":"paragraph","text":"All calculations run automatically and are not investment advice."},{"type":"list","ordered":true,"items":[{"id":"dn-1","text":"Title, author, publisher, extent and format are checked against at least one independent source per book. Assessments are written in-house, not taken from any blurb; purchase links are Amazon affiliate links."}]},{"type":"paragraph","text":"Data and methodology: Alysly · Responsible for content: Alexander Bock","links":[{"text":"Alysly","href":"https://alysly.com/methodology/"},{"text":"Alexander Bock","href":"https://alysly.com/about/"}]},{"type":"paragraph","text":"View all data notes","href":"https://alysly.com/notes/"}],"structured_data":[{"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://alysly.com/#org","name":"Alysly","url":"https://alysly.com/","logo":{"@type":"ImageObject","url":"https://alysly.com/img/icon-512.png","width":512,"height":512},"description":"Free analysis tools for traders and long-term investors. Built on data we collect and keep current.","email":"mail@alysly.com","contactPoint":{"@type":"ContactPoint","contactType":"customer support","email":"mail@alysly.com","availableLanguage":["de","en"]},"address":{"@type":"PostalAddress","addressLocality":"Haltern am See","postalCode":"45721","addressCountry":"DE"},"founder":{"@id":"https://alysly.com/#founder"},"sameAs":["https://www.linkedin.com/company/alyslycom/","https://www.youtube.com/@alyslycom","https://x.com/alyslycom"],"publishingPrinciples":"https://alysly.com/methodology/","correctionsPolicy":"https://alysly.com/corrections/"},{"@type":"Person","@id":"https://alysly.com/#founder","name":"Alexander Bock","jobTitle":"Founder and data analyst","url":"https://alysly.com/about/","sameAs":["https://www.linkedin.com/in/abxk/"]},{"@type":"WebSite","@id":"https://alysly.com/#site","url":"https://alysly.com/","name":"Alysly","inLanguage":["de-DE","en-US"],"publisher":{"@id":"https://alysly.com/#org"}},{"@type":"WebPage","@id":"https://alysly.com/learn/books/trading/#webpage","url":"https://alysly.com/learn/books/trading/","name":"Trading & Technical Analysis – Alysly","description":"Classic books on technical analysis, candlesticks, trend following and trading psychology, each described by what it teaches and where it falls short.","inLanguage":"en-US","isPartOf":{"@id":"https://alysly.com/#site"},"dateModified":"2026-11-13T00:00:00Z","publisher":{"@id":"https://alysly.com/#org"},"mainEntity":{"@id":"https://alysly.com/learn/books/trading/#entity"},"primaryImageOfPage":{"@type":"ImageObject","url":"https://alysly.com/og.png","width":1200,"height":630}}]},{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Learn","item":"https://alysly.com/learn/"},{"@type":"ListItem","position":2,"name":"Books","item":"https://alysly.com/learn/books/"},{"@type":"ListItem","position":3,"name":"Trading & Technical Analysis"}]},{"@context":"https://schema.org","@type":"ItemList","@id":"https://alysly.com/learn/books/trading/#entity","name":"Trading Books: Charts, Candlesticks and Trading Psychology","numberOfItems":9,"itemListOrder":"https://schema.org/ItemListOrderDescending","url":"https://alysly.com/learn/books/trading/","itemListElement":[{"@type":"ListItem","position":1,"item":{"@type":"Book","name":"Japanese Candlestick Charting Techniques","url":"https://alysly.com/learn/books/trading/#japanese-candlestick-charting-techniques","isbn":"9781101659786","author":[{"@type":"Person","name":"Steve Nison"}],"bookFormat":"https://schema.org/Hardcover","publisher":{"@type":"Organization","name":"Prentice Hall Press"},"datePublished":"2001","image":"https://alysly.com/img/books/en/japanese-candlestick-charting-techniques.webp","review":{"@type":"Review","name":"Alysly's assessment: Japanese Candlestick Charting Techniques","reviewBody":"The book that brought candlestick charting to Western markets, and still the most careful treatment of it. Nison defines each pattern precisely, insists on the trend context around it and says plainly that a doji or a hammer means nothing on its own. The second edition adds combinations with Western indicators. Two caveats: the historical framing runs long, and single-pattern claims have held up poorly under later statistical testing. That argues for testing them yourself, not for skipping the book.","url":"https://alysly.com/learn/books/trading/#japanese-candlestick-charting-techniques","inLanguage":"en","author":{"@id":"https://alysly.com/#founder"},"publisher":{"@id":"https://alysly.com/#org"},"reviewRating":{"@type":"Rating","ratingValue":5,"bestRating":5,"worstRating":1}},"award":"Alysly Book Pick","inLanguage":"en"}},{"@type":"ListItem","position":2,"item":{"@type":"Book","name":"Study Guide to Technical Analysis of the Financial Markets","url":"https://alysly.com/learn/books/trading/#study-guide-to-technical-analysis-of-the-financial-markets","isbn":"9781101659205","author":[{"@type":"Person","name":"John J. Murphy"}],"bookFormat":"https://schema.org/Paperback","publisher":{"@type":"Organization","name":"New York Institute of Finance"},"datePublished":"1999","image":"https://alysly.com/img/books/en/study-guide-to-technical-analysis-of-the-financial-markets.webp","review":{"@type":"Review","name":"Alysly's assessment: Study Guide to Technical Analysis of the Financial Markets","reviewBody":"A question-and-answer companion to Murphy's textbook, chapter by chapter, with chart exercises to work through. It only makes sense next to the main volume — on its own it is a set of answers to questions you have not read. Worth the money if you learn by being tested rather than by reading, or if you are preparing for a market-technician exam. Everyone else is better off spending the same hours on real charts with the textbook open.","url":"https://alysly.com/learn/books/trading/#study-guide-to-technical-analysis-of-the-financial-markets","inLanguage":"en","author":{"@id":"https://alysly.com/#founder"},"publisher":{"@id":"https://alysly.com/#org"},"reviewRating":{"@type":"Rating","ratingValue":5,"bestRating":5,"worstRating":1}},"award":"Alysly Book Pick","inLanguage":"en"}},{"@type":"ListItem","position":3,"item":{"@type":"Book","name":"Market Wizards, Updated","url":"https://alysly.com/learn/books/trading/#market-wizards-updated","isbn":"9781118273050","author":[{"@type":"Person","name":"Jack D. Schwager"}],"bookFormat":"https://schema.org/Hardcover","publisher":{"@type":"Organization","name":"John Wiley & Sons"},"datePublished":"2012","numberOfPages":480,"image":"https://alysly.com/img/books/en/market-wizards-updated.webp","review":{"@type":"Review","name":"Alysly's assessment: Market Wizards, Updated","reviewBody":"Seventeen interviews with traders who made their money in the futures, currency and stock markets of the 1970s and 1980s. This updated edition adds new commentary. The methods contradict each other flatly, so the value lies in what survives the contradiction: sizing, cutting losers early and being able to say why a position was taken. It is worth reading for the pattern across the interviews, not for a system. It belongs before the psychology books, because it shows the problems they try to solve.","url":"https://alysly.com/learn/books/trading/#market-wizards-updated","inLanguage":"en","author":{"@id":"https://alysly.com/#org"},"publisher":{"@id":"https://alysly.com/#org"},"reviewRating":{"@type":"Rating","ratingValue":5,"bestRating":5,"worstRating":1}},"inLanguage":"en"}},{"@type":"ListItem","position":4,"item":{"@type":"Book","name":"Way of the Turtle","url":"https://alysly.com/learn/books/trading/#way-of-the-turtle","isbn":"9780071486644","author":[{"@type":"Person","name":"Curtis Faith"}],"bookFormat":"https://schema.org/Hardcover","publisher":{"@type":"Organization","name":"McGraw-Hill"},"datePublished":"2007","numberOfPages":286,"image":"https://alysly.com/img/books/en/way-of-the-turtle.webp","review":{"@type":"Review","name":"Alysly's assessment: Way of the Turtle","reviewBody":"An insider account of the Turtle experiment. Richard Dennis set out to prove that trading could be taught by teaching novices a trend-following system. Faith publishes the rules: breakout entries, volatility-based sizing and hard exits. More useful is what it felt like to follow them through long losing stretches. Treat the parameters as history: they have been public for decades and markets adapt. The chapters on risk and on expectancy age far better than the system does.","url":"https://alysly.com/learn/books/trading/#way-of-the-turtle","inLanguage":"en","author":{"@id":"https://alysly.com/#org"},"publisher":{"@id":"https://alysly.com/#org"},"reviewRating":{"@type":"Rating","ratingValue":5,"bestRating":5,"worstRating":1}},"inLanguage":"en"}},{"@type":"ListItem","position":5,"item":{"@type":"Book","name":"Technical Analysis of the Financial Markets","url":"https://alysly.com/learn/books/trading/#technical-analysis-of-the-financial-markets","isbn":"9780735200661","author":[{"@type":"Person","name":"John J. Murphy"}],"bookFormat":"https://schema.org/Hardcover","publisher":{"@type":"Organization","name":"New York Institute of Finance"},"datePublished":"1999","numberOfPages":576,"image":"https://alysly.com/img/books/en/technical-analysis-of-the-financial-markets.webp","review":{"@type":"Review","name":"Alysly's assessment: Technical Analysis of the Financial Markets","reviewBody":"The reference work of chart-based analysis: trend, support and resistance, reversal and continuation patterns, moving averages, oscillators, volume, intermarket relationships, point-and-figure, Elliott waves. Murphy explains each tool cleanly and never promises that it works. It is a textbook you look things up in for years, not a strategy you follow. Its examples predate electronic markets and intraday data volumes, which shows. Still the first book to own in this group, and the one the others assume you have read.","url":"https://alysly.com/learn/books/trading/#technical-analysis-of-the-financial-markets","inLanguage":"en","author":{"@id":"https://alysly.com/#org"},"publisher":{"@id":"https://alysly.com/#org"},"reviewRating":{"@type":"Rating","ratingValue":5,"bestRating":5,"worstRating":1}},"inLanguage":"en"}},{"@type":"ListItem","position":6,"item":{"@type":"Book","name":"Trading in the Zone","url":"https://alysly.com/learn/books/trading/#trading-in-the-zone","isbn":"9780735201446","author":[{"@type":"Person","name":"Mark Douglas"}],"bookFormat":"https://schema.org/Hardcover","publisher":{"@type":"Organization","name":"Prentice Hall Press"},"datePublished":"2000","image":"https://alysly.com/img/books/en/trading-in-the-zone.webp","review":{"@type":"Review","name":"Alysly's assessment: Trading in the Zone","reviewBody":"The standard text on trading psychology and the source of the “think in probabilities” framing that the rest of the field borrows. Its central exercise is to treat any single trade as one draw from an edge with positive expectancy. That habit separates a mechanical trader from someone who takes each loss personally. Short on markets, long on mindset, repetitive by design. It gives no entries and no exits, so pair it with a method book rather than reading it alone.","url":"https://alysly.com/learn/books/trading/#trading-in-the-zone","inLanguage":"en","author":{"@id":"https://alysly.com/#org"},"publisher":{"@id":"https://alysly.com/#org"},"reviewRating":{"@type":"Rating","ratingValue":5,"bestRating":5,"worstRating":1}},"inLanguage":"en"}},{"@type":"ListItem","position":7,"item":{"@type":"Book","name":"The Disciplined Trader","url":"https://alysly.com/learn/books/trading/#the-disciplined-trader","isbn":"9780132157575","author":[{"@type":"Person","name":"Mark Douglas"}],"bookFormat":"https://schema.org/Hardcover","publisher":{"@type":"Organization","name":"New York Institute of Finance"},"datePublished":"1990","numberOfPages":239,"image":"https://alysly.com/img/books/en/the-disciplined-trader.webp","review":{"@type":"Review","name":"Alysly's assessment: The Disciplined Trader","reviewBody":"Douglas's first book, and the rougher of his two. The argument is that most trading losses are self-inflicted: the trader carries expectations into a place that owes him nothing. Half the book builds a general theory of belief and perception before it reaches the market, which slows it badly. If you read one Douglas, read Trading in the Zone. This one is for readers who want the reasoning before it was compressed into a framework, and who do not mind the detour.","url":"https://alysly.com/learn/books/trading/#the-disciplined-trader","inLanguage":"en","author":{"@id":"https://alysly.com/#org"},"publisher":{"@id":"https://alysly.com/#org"},"reviewRating":{"@type":"Rating","ratingValue":5,"bestRating":5,"worstRating":1}},"inLanguage":"en"}},{"@type":"ListItem","position":8,"item":{"@type":"Book","name":"Best Loser Wins","url":"https://alysly.com/learn/books/trading/#best-loser-wins","isbn":"9780857198228","author":[{"@type":"Person","name":"Tom Hougaard"}],"bookFormat":"https://schema.org/Paperback","publisher":{"@type":"Organization","name":"Harriman House"},"datePublished":"2022","image":"https://alysly.com/img/books/en/best-loser-wins.webp","review":{"@type":"Review","name":"Alysly's assessment: Best Loser Wins","reviewBody":"A high-stakes day trader's account of why his results only improved once he stopped trading the way the books told him to. He argues that the instincts that feel prudent (banking small gains, holding losers, cutting size after a win) are backwards for someone who trades for a living. Strong on self-observation and on what a real drawdown does to judgment. Weak as instruction: there is no system here, and the size he trades makes his experience hard to copy directly.","url":"https://alysly.com/learn/books/trading/#best-loser-wins","inLanguage":"en","author":{"@id":"https://alysly.com/#org"},"publisher":{"@id":"https://alysly.com/#org"},"reviewRating":{"@type":"Rating","ratingValue":4,"bestRating":5,"worstRating":1}},"inLanguage":"en"}},{"@type":"ListItem","position":9,"item":{"@type":"Book","name":"How to Day Trade for a Living","url":"https://alysly.com/learn/books/trading/#how-to-day-trade-for-a-living","isbn":"9781535585958","author":[{"@type":"Person","name":"Andrew Aziz"}],"bookFormat":"https://schema.org/Paperback","publisher":{"@type":"Organization","name":"Independently published"},"datePublished":"2016","numberOfPages":136,"image":"https://alysly.com/img/books/en/how-to-day-trade-for-a-living.webp","review":{"@type":"Review","name":"Alysly's assessment: How to Day Trade for a Living","reviewBody":"A short, practical introduction to intraday stock trading: order types, level 2, float and catalyst-driven setups, risk per trade and the routine of a trading day. It is the cheapest clear starting point for the mechanics and it says openly that most beginners lose money. It is no evidence that the setups work: they are described, not tested. The book also doubles as the entry point to the author's paid community. Take the vocabulary, verify the rest.","url":"https://alysly.com/learn/books/trading/#how-to-day-trade-for-a-living","inLanguage":"en","author":{"@id":"https://alysly.com/#org"},"publisher":{"@id":"https://alysly.com/#org"},"reviewRating":{"@type":"Rating","ratingValue":4,"bestRating":5,"worstRating":1}},"inLanguage":"en"}}]}],"notice":"© 2026 Alysly.com"}