A recommended reading list for traders. There is a sea of trading books, many of which don’t stand the test of time or impart much truly actionable wisdom. In my personal experience, I’ve found these to be very helpful in my journey.
-Peter Reznicek
Recommended Reading List
| Cover | Title/Author | Description | Purchase |
|---|---|---|---|
 | Markets and Momentum by James Dalton | Jim’s third and final market profileA way of reading the market that recognizes either time spent or volume traded at a particular price level. A market profile can be either made up of “TPO’s” (time price opportunities), or volume. TPO’s measure how much time was spent at a particular price, while volume-based market profiles measure how much volume traded at a particular price. Generally, market profile is used in the trading of futures, especially the /ES. ShadowTrader utilizes volume based profiles. book. With a bit more emphasis on the psychological aspects of trading the profile, this one is like the icing on the cake of his first two market profileA way of reading the market that recognizes either time spent or volume traded at a particular price level. A market profile can be either made up of “TPO’s” (time price opportunities), or volume. TPO’s measure how much time was spent at a particular price, while volume-based market profiles measure how much volume traded at a particular price. Generally, market profile is used in the trading of futures, especially the /ES. ShadowTrader utilizes volume based profiles. classics. | Buy Now |
 | Mind Over Markets by James Dalton | The first Dalton book which is a true classic. There were a couple market profileA way of reading the market that recognizes either time spent or volume traded at a particular price level. A market profile can be either made up of “TPO’s” (time price opportunities), or volume. TPO’s measure how much time was spent at a particular price, while volume-based market profiles measure how much volume traded at a particular price. Generally, market profile is used in the trading of futures, especially the /ES. ShadowTrader utilizes volume based profiles. texts before this but this is the one that really sparked interest in this way of reading the market. This should be the starting point for anyone looking to get started profiling. | Buy Now |
 | Markets in Profile by James Dalton | This picks up where the first one left off. Some great behavioral finance stuff in here explaining how traders are often driven by emotions and rather than market generated information. | Buy Now |
 | Options Theory and Trading by Ron Ianieri | Ron was a floor trader at the PHLX before the screens took over. We had many deep conversations about options theory over drinks. Much of that became my foundation in how I see and trade options. Ron passed in 2019 but his teachings live on in this book. | Buy Now |
 | Japanese Candlestick Charting Techniques by Steve Nison | Your technical analysis journey should start right here. The seminal classic on basic patterns that repeat over and over in the markets. I see this as a starting point for all technical based traders. | Buy Now |
