The 10 Books on Discretionary and Algorithmic Trading That Became My Ladder


As technology evolves, people tend to be addicted to short videos and articles at their fingertips for quick consumption of low-content materials. Take trading as an example: it is hard to resist the temptation of searching for a quick method from a short video or article online that makes a consistently profitable trader. I was once such a person but later realized it was critical to build a complete trading knowledge system, which would not be possible without reading books. A simple method to gauge whether you have fallen into the pitfall of short video/article addiction is as follows:

While you come across a short video or article promoting a trading strategy, are you intuitively intrigued by the trader’s P&L or knowingly ignoring the P&L but discriminating the strategy against your existing ones for theoretical soundness?

For me, I would pass all articles/videos with eye-catching P&L in the titles. For technical articles discussing a trading strategy without eye-catching P&L in the titles, I would still take them with a grain of salt if they fail to explain why they might work.