Trading Legends
In a way success in any venture is simple. Find someone who is among the best in the world at what you want to be good at and model them.
If you want to be a great golfer, model Tiger Wood’s golf swing.
If you want to be a great Basketball player, copy Kobe Bryant.
If you want to be a great painter, study Monet.
If you want to be a great composer, study Beethoven.
Exactly the same is true in trading. Top traders are at the top because they followed a particular path. If you want to be a top trader you need to study their habits, their lives and their strategies. Learn from their mistakes and pick up tips and advice from them.
Of all the traders I know, no-one has anywhere close to the resource library I have. I have dozens of trading books, documentaries, CDs, DVDs, articles and interviews on successful super-traders. I went through a period when I read a trading book every week. Even now I am always either reading or re-reading a trading book. Just this week I ordered a new trading documentary and I also received a CD set of trading interviews.
In 2008 I made over $100,000 in a two month period and it was SOLEY due to reading two books, one on trading commodities and one on the Turtle Trading System (I follow a personally modified version of this system).
For a list of trading books I recommend, please see the bottom of this page.
Here are a few of the Super Traders that you can read about, study and emulate. Each link is clickable:
Jesse Livermore
Paul Tudor Jones
Bruce Kovner
Ed Seykota
Larry Hite
William O’Neill
Marty Schwartz
Jim Rogers
Martin Zweig
Warren Buffett
Mark D Cook
Richard Dennis
Monroe Trout
Barton Biggs
Stanley Druckenmiller
George Soros
Mark Ritchie
Welles Wilder
Julian Robertson
Trading Books
I recommend the following Trading Books. If you click the links below it does pick up my Amazon affiliation.
