FinanceFundaa

List of Best Intraday Trading Books for Beginners

1. A Beginner’s Guide To Day Trading Online – Toni Turner

If you’re looking to start a successful journey into the world of day trading, “A Beginner’s Guide To Day Trading Online” by Toni Turner is one of the best intraday trading books for beginners. The book is beneficial for all traders; whether you are a beginner or looking for advanced knowledge. 

The book contains everything you need as a beginner trader, i.e., from A to Z guide for intraday trading. From technical analysis to risk management, this book covers key concepts to help you understand each aspect of intraday trading.

2. Trading in the Zone – Mark Douglas

Another best intraday trading books for beginners is Trading in the Zone. It is a popular book that every trading expert recommends to read to beginners.  If you’re a trader seeking not just strategies but a transformation in your approach to trading, “Trading in the Zone” by Mark Douglas is your quick mentor.

Mark Douglas’s trading in the zone book talks about the psychological aspects of trading. It explores how emotions impact trading decisions and provides insights into developing a disciplined mindset. This book is a must-read for traders facing psychological challenges and a lack of discipline in intraday trading.

3. Way Of the Turtle – Turtle Curtis Faith

If you’re serious about mastering the art of trading and achieving consistent success, “Trading in the Zone” by Mark Douglas is an amazing book. This Best Intraday Trading Books for Beginners contains chapters that provide insights into the psychological aspects of trading.

Curtis Faith shares the strategies, techniques, and reasons for the success of the secretive trading system. Top-earning Turtle Curtis Faith lays bare the entire experiment, explaining how it was possible for Dennis and Eckhardt to recruit 23 ordinary people from all walks of life and train them to be extraordinary traders in just two weeks.

Zerodha Reviews 2024: Is Zerodha Good For Beginners In India? Honest Review

4. Start Day Trading Now – A Quick And Easy Introduction To Making Money While Managing Your Risk – Micheal Sincere

If you’re excited to jump into the world of day trading and make informed decisions, then “Start Day Trading Now: A Quick And Easy Introduction To Making Money While Managing Your Risk” by Micheal Sincere is your cup of tea. 

Micheal Sincere provides a beginner-friendly guide to day trading. The book covers the basics, including risk management, technical analysis, and practical tips for new traders. It’s a quick read for those who want to start trading from day 1 itself.

5. Intraday Trading for Dummies – Ann C Logue

Next in our list of best intraday trading books for beginners is Intraday Trading for Dummies, written by Ann C Logue. The book covers classic and renegade strategies to the nitty-gritty of daily trading practices. It gives you the knowledge and confidence to keep your emotions in control, manage risk, and make decisions instantly as you buy and sell your positions.

Further, the writer has also covered essential basic topics, including choosing a broker, technical analysis, and risk management. So, overall, it is a well-rounded introduction book for intraday trading.

6. Mastering the Trade – John Carter

Mastering the Trade – John Carter is recommended for those traders who are looking to elevate their skills and take their trading to the next level. John Carter’s book offers a comprehensive look at various trading strategies, including intraday techniques. 

He shares his personal experiences and insights, providing readers with practical knowledge to enhance their trading skills. Additionally, this best Intraday Trading Books for Beginners covers proven high-probability set-ups, non-negotiable trading rules,  exact entry, exit, and stop loss levels for swing and intraday trading, a pre-market checklist for analysing recent market behavior, and Effective risk control techniques.

7. The Truth About Day Trading Stocks- Josh DiPetrio

The Truth About Day Trading Stocks shows how trading decisions are shaped by emotions, and why it is critical to know yourself and understand risk. It emphasises that increasing your skill level is a gradual, ongoing process—there’s always more to learn! 

Josh DiPietro also offers realistic, practical trading advice to compare pay-per-trade with pay-per-share brokers along with, determining which works best and when, offering suggestions on how to avoid the prospect of perfect trades turning ugly, and more. 

Josh DiPetrio unveils the realities of day trading stocks, shedding light on both the potential rewards and risks. The book contains topics such as the importance of thorough research, disciplined trading, and risk management. Additionally, the author describes his development of self-awareness while figuring out how to succeed.

8. How to Make Money In Intraday Trading- Ashwani Gujral

If you’re eager to make money in intraday trading, then Ashwani Gujral’s famous book “How to Make Money In Intraday Trading” is a good book to kickstart a trading journey. 

In this Best Intraday Trading Books for Beginners, the writer has provide insights into successful intraday trading strategies. He discusses technical analysis, chart patterns, and risk management techniques, offering practical guidance for aspiring intraday traders.

9. How to Make Money With Candlestick Charts- Balkrishna M. Sadekar

If you’re intrigued by the power of candlestick charts and their applications in trading, “How to Make Money With Candlestick Charts” by Balkrishna M. Sadekar.

Balkrishna M. Sadekar focuses on candlestick chart analysis, an essential tool for intraday traders. The book explores various candlestick patterns and their implications, helping traders make informed decisions based on price patterns.

Download Free Best Intraday Trading Books for Beginners: How To Make Money Trading With Candlestick Charts? (Free PDF)

10. Trading Harmonic Patterns with Technical Analysis- Rohan Shah

Rohan Shah delves into harmonic pattern trading, a technique that combines technical analysis with pattern recognition. The book covers patterns like Gartley, Butterfly, and Bat, offering insights into spotting potential trade setups.

11. Intraday Trading Ki Pehchan: Guide To Day Trading Hindi

The last in our list of Best Intraday Trading books for beginners is in Hindi Language. This Hindi guide is specifically for Indian readers interested in intraday trading. There is no specific author who has written Intraday Trading Ki Pehchan: Guide To Day Trading Hindi book. However, you can get various editions of this book that provide valuable information about day trading strategies in the Indian context.

Conclusion on Best Intraday Trading Books for Beginners

Embarking on the journey of intraday trading can be both exciting and overwhelming for beginners. The intricate world of trading demands a solid foundation of knowledge, skills, and strategies to navigate successfully. This is where the right books can play a pivotal role in shaping your understanding and approach. As we conclude our exploration of the best intraday trading books for beginners, it’s evident that these books offer a wealth of valuable insights that can guide you on your trading journey.

From Toni Turner’s “A Beginner’s Guide To Day Trading Online” to Ashwani Gujral’s “How to Make Money In Intraday Trading,” each book provides a unique perspective on intraday trading, equipping you with practical strategies, technical analysis expertise, risk management techniques, and psychological insights. 

Frequently Asked Questions