So everywhere I look I see the same recommended books: "reminiscences of a stock operator", "market wizards', "new market wizards", "trading in the zone", "trade your way to financial freedom", "trading for a living", etc etc etc, you all know the rest...
...but I was wondering what books do professionals read?
Now, either...
1. Before becoming a professional you were a newbie and thus you started with these books(like most people do) and later moved to other 'more-in-depth' and advanced books.
or...
2. You had no prior trading experience and you started working for a prop firm or a big institution(I'm assuming they said they'd train you) and they tell u what books to read and study from and which ones should u familiarize yourself with.
I'm asking these for various reasons. First of all, ALL websites and everywhere you see the same books being recommended(note: everybody's reading the same books yet still 80%-%90 of traders fail) and secondly, professional traders go against the herd mentality and fade what amateurs(newbie retail traders reading the same books) do.
I guess I'm trying to learn more of how a professional trader thinks, and what exactly does he know, or what's his mindset, what kind of literature does he fill his mind with? What books? What analysis? How does he analyze the market differently from the retail traders or newbies?
I hope the way I explained myself makes sense. :whistling
Are there any professional traders around here? I haven't yet had the pleasure of meeting any.
Warning: I don't mean to imply that a professional trader is only one that works for big institutions. I just gave that example for the sake of an example.:!:
In any case...I was lately wondering what on earth these guys read after they've read all the recommended and classic trading books.