Future and option trading books
It's a quick read and it goes over how to properly get into the mental state to develop as a trader. If you trade at all in a shorter term timeframe this will give you insight not found in any other book about how the future and option trading books operates. Flow - Csikszentmihalyi Have you ever felt joy while trading? There's a little more integration with newer behavioral finance stuff and neuroeconomics.
It's a dark art, and there isn't much literature on it. What's good about this book is that it focuses on elimination. Tharp focuses not on the individual setups but how to approach them from a risk-oriented approach. Mind Over Markets - Dalton I believe one of the most underutilized forms of future and option trading books is market profile. The book discusses the concept of "R-multiples," which I believe is critical for traders and investors to understand.
It's a quick read and it goes over how to properly get into the mental state to develop as a trader. Sinclair has a ton of heavy math, along with real-world examples. There's very little information out there on the art of tape future and option trading books, and OGT will give you a rundown of how it works. It's a great weekend read that can get you motivated to take on the market again, and how to get into the proper trading state.
Tharp focuses not on the individual setups but how to approach them from a risk-oriented approach. Natenberg does a good job explaining option trading through the lens of volatility, which is a perspective future and option trading books don't think about when they start to trade options. It's a struggle to read at times but I often review chapters every so often to understand the short term market.
One Good Trade - Bella If you want to learn about the markets from future and option trading books perspective of a prop firm, Bella will give you what you want. Sinclair has a ton of heavy math, along with real-world examples. Being in "Flow" during trading significantly increases your performance. With that in mind, here is my list of recommended trading books. Option Volatility and Pricing - Natenberg This is my "go-to" book for new option traders.
Options, Futures, and Other Derivatives - Hull I didn't really want to put this one on the list because Future and option trading books don't think it serves traders very well. Brett If you haven't read anything by Dr. This book brings insight into how hedge funds and derivatives desks actually play the options market. There's a little more integration with newer behavioral finance stuff and neuroeconomics.
As the title says, trading can be a very creative endeavor and this book will show you how. Books on Performance The Talent Code - Coyle A great way to get better at the markets is to see how others become great in other fields. There are a ton of parallels, and this book gives you future and option trading books steps necessary to become great in a trade.