Price Action Trading

Trading Resources

Our Favorite Trading Resources!

If you are looking for additional trading resources, you can find our recommendations on this page. Anything that we recommend comes from a reputable source that we trust.  If you are looking to take your trading to the next level, or if you simply want to further your learning with the latest and greatest trading ideas and tools, this is where to look.  You will find some great reading materials here that we think are beneficial to any trader.

Of course our first suggestion is to be sure you have our Price Action Trading Manual, as it is the key to learning to read a price chart well enough to trade with professionals. Do not go to a gun fight carrying a knife, and if you cannot read a price chart, entering live trading almost guarantees that type of environment for you, and that leads to failure. We packed all of the basic information you need to compete on an even playing field with any professional trader in our main course. Mack’s Price Action Trading Manual should be your number one go to course. Having said that, when you get ready for additional reading and learning, the two items below are a couple that I think are worth your time and effort.

One of the first books we recommend for anyone wanting to further their research into price action trading strategies is Al Brook’s book, “Reading Price Charts Bar by Bar.  This book is a tough read, and our recommendation is to use it more like a study manual, because there are some true nuggets in this book that will allow you to get a better understanding of price action.  We recommend our price action trading manual first and foremost, simply because the information is more condensed and greatly simplified, so it is easier to digest and understand in our opinion. However, if you are looking to dig deeper into price action trading, this is a great addition to our manual.

Check It Out!Image result for reading price charts bar by bar
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While learning to trade with price action is step one for any successful day trader, the second step is to learn to control your emotions.  No matter how good or how solid your trading plan might be, if you cannot control the emotions of fear and greed when day trading, you will never become a successful or profitable trader. We have a trading article that will give you more information on the importance of trading discipline located here.  If you want a great book that is loaded with information on how to be a disciplined trader, regardless of your chosen trading strategy, this is a must have book.

Ir?t=pricactitrads 20&l=as2&o=1&a=0470443952Check It Out!

Finance Trends: Mark Douglas: 7 Keys to Trading in the Zone

* Note: this website receives a small commission on each sale of these resources.

 

3 thoughts on “Trading Resources”

  1. Mack,
    My name is Michael. I have been daytrading for a couple of years and had used order flow software for my trading until now. After buying your manual and studying it for a couple of weeks I have to say I’m blown away. I want to sincerely thank you for the videos you do daily to reinforce the sysytem.
    I watch the order flow for the standard deviations from vwap which are almost guaranteed to give a good rejection trade from the 68% and 95% areas.
    The price action system has me trading right at 90% on at least 100 sim trades, what I see is that if you have a losing trade its most likely because you missed something and the count got messed up. At least for me the structure is almost perfect.
    For me the system has changed the game and I wanted to let you know.

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