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#198: 4 Essential Algo Trading Books for Beginners

Have you ever noticed that a lot of the most successful traders are avid readers?

Books are a great source of ideas and knowledge, but out of the hundreds of trading books available, which ones are even worth reading?

If I was starting algo trading right now, these are the 4 books I would pick, in no specific order. “Long-Term Secrets to Short-Term Trading” – Larry Williams

  • My favorite trading book of all time

  • 30-years old, but timeless

  • Concepts still work…with slight modifications

  • Easy to understand and implement

  • Wisdom from a trader of superior achievements

  • MY FAVORITE PART IS: DOW

Get the book on Amazon: https://amzn.to/3Pflfwc

“Building Winning Algorithmic Trading Systems” – Kevin Davey

  • Highly practical

  • From a trader with a proven track-record

  • Easy to understand and implement

  • Some practical aspects addressed that I haven’t seen in other books

  • MY FAVORITE PART: KEVIN’S JOURNEY

Get the book on Amazon: https://amzn.to/3uBd7fR

“The Evaluation and Optimization of Trading Strategies” – Robert Pardo

  • From a veteran trader with a proven track

  • A must-have introduction to robustness

  • Gave me most of the foundation to understand efficient robustness testing and to start building my own procedures

  • MY FAVORITE PART: The entire book.

Get the book on Amazon: https://amzn.to/3BkMKyi


“The Breakout Trading Revolution” – Tomas Nesnidal

  • Proven breakout trading formula, which works on almost any market

  • Highly practical, easy to implement

  • Loaded with success stories and real, proven breakout trading results…see what is possible!

Get the book direct: https://thebreakouttradingrevolution.com Watch the replay of the algo trading book review.


Tomas and the Systems On The Road team


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Author: Tom Nesnidal (more about me
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