While reading about market structure, cycles, technical analysis, and how to apply that knowledge for trading stocks intraday, you should never stop thinking about your own personal development. Growth mindset + curiosity + discipline drive this growth. Study how indicators work, and remember—never use an indicator if you don’t understand the principles behind it. Study how it calculates values and generates signals. Read books, and aim to read at least one new trading book per month. You can start with these:
- Extraordinary Popular Delusions and the Madness of Crowds by Charles MacKay
- Market Wizards by Jack Schwager
- Stock Market Wizards by Jack Schwager
- Trade Your Way to Financial Freedom by Van Tharp
- Enhancing Trader Performance by Brett Steenbarger
- Reminiscences of a Stock Operator by Edwin Lefevre
- Technical Analysis Using Multiple Timeframes by Brian Shannon
- The Art and Science of Technical Analysis by Adam Grimes
- The Playbook by Mike Bellafiore
- How to Make Money in Stocks by William O’Neil
- Master the Markets by Tom Williams
- How to Trade in Stocks by Jesse Livermore
- Trading in the Zone by Mark Douglas
- Psycho-Cybernetics by Maxwell Maltz
- The Talent Code by Daniel Coyle
- Mindset: The New Psychology of Success by Carol Dweck
- Thinking, Fast and Slow by Daniel Kahneman
- The Power of Habit by Charles Duhigg
Re-read books you enjoy, make synopses of ideas that resonate with you, and then find new books to expand your knowledge. Additionally, consider studying economic news and market calendars. Identify the most important indicators and try to understand why investors care about them.
gl hf