Ttrading is an excellent way to make money; it is not simple. Today’s greatest intraday traders are financial professionals with years of expertise at their disposal.
However, they too had to begin somewhere. They, too, were beginners at one time.
Although starting something new might be terrifying, with persistence and patience, you, too, can become an expert.
A selection of the best books for intraday trading has been given for you to get you started.
These will provide you with the fundamental knowledge you need to trade. You could eventually start making enough money to think about doing it full-time.
Here is the list of some best books for trading in India:-
Best Books For Intraday Trading In India (Updated 2023)
Table of content
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1. A Beginner’s Guide to Day Trading Online 2nd Edition
A well-known financial expert named Toni Turner has written a few books to assist novice investors in the stock’s area market investment.
This specific book, which came out in 2007, is still somewhat relevant for the market today.
The fundamentals of the topic have not changed despite current modifications and advancements.
You will undoubtedly learn the basics of the stock market and how to benefit from it with this book.
Reviews: Greg Capra, president of Pristine.com and coauthor of “Tools and Tactics for the Master Day Trader,” suggested this book to anyone curious about how the stock market operates and how to take advantage of it.
Features
- Author: Toni Turner
- Publishing House: Adams Media
- Rating: 4.4 on Amazon, 3.8 on Goodreads, and 3.6 on Google Play
- Page Length: 288 pages
2. How to Day Trade for a Living
How to Day Trade for a Living comes in at number two on our list of the greatest books for intraday trading.
Andrew Aziz, who was once inexperienced himself, wrote multiple books on stock trading.
In order to help and instruct those who are just beginning on this endeavour, he has used his own first-person experiences as a novice in this book.
In addition, he is attempting to encourage readers of this book to pursue this field as a profession. As a full-time job where you devote your time to learning about and dealing with the market, not as a hobby.
This is not a simple endeavour for a novice, but with the aid of this book, you may make a living from day trading.
Features
- Author: Andrew Aziz
- Publishing House: Createspace Independent Publishing Platform
- Rating: 4.3 on Amazon, 4.3 on Flipkart and 4.1 on Goodreads
- Page Length: 384 pages
- Languages available in: Apart from English it is available in Spanish and Russian
3. Start Day Trading Now
Senior financial writer Michael Sincere will walk you through the entire trading process and show you how to make money.
The list of supplies needed to get started is only one of the many worries a newbie has.
The author of this book assumes you are unfamiliar with trading and guides you step-by-step through the entire procedure.
For novices who wish to learn everything from beginning, this book is one of the greatest intraday trading manuals.
When trading stocks, there is a likely danger that you learn how to control from this book.
Features
- Author: Michael Sincere
- Publishing House: Adams Media
- Rating: 4.4 on Amazon and 3.5 on Goodreads
- Page Length: 224 pages
4. The Truth About Day Trading Stocks
An extremely helpful technique to make money is through day trading.
Here, a sizable sum of money may be got seemingly rapidly and with little effort.
But this business operates differently in reality.
You will undoubtedly observe and experience results, although they do not appear immediately.
To do that, you must put in the time and effort. In stock trading, there are significant risks and potential losses.
The Truth About Day Trading Stocks explains every risk of suffering losses or selecting the incorrect course of action.
In the end, everything depends on how you view a scenario and arrive at a choice.
Features
- Author: Josh DiPietro
- Publishing House: Wiley
- Rating: 3.8 on Amazon and 3.3 on Goodreads
- Page Length: 208 pages
5. The Stock Trader: How I Make a Living Trading Stocks
Typically, writers reflect on their experiences after the fact and write about them afterward.
However, Tony Oz is describing the struggle as he is going through it in his book, “The Stock Trader: How I Make a Living Trading Stocks.”
Tim Bourquin and Jim Sugarman, the International Online Trading Expo’s creators, questioned his trading methods.
Tony Oz was adamant about disproving them. He recorded each deal he made over that one-month period in a diary.
That choice led to the creation of this book. He also was present during the NASDAQ Crash of 2000, a significant development in the stock’s history market.
Features
- Author: Tony Oz
- Publishing House: Goldman Brown Business Media
- Rating: 4.9 on Amazon and 3.9 on Goodreads
- Page Length: 279 pages
6. High-Probability Trading
Day trading provides significant benefits, but only once you have a firm grasp of how the market functions.
Otherwise, after a few months, most newcomers abandon. Either they have lost all of their money or they are irritated with the meager returns.
This book is one of the greatest to learn intraday trading, so those who feel this way can consult it.
Once you successfully navigate these months’ challenges, you’ll succeed.
I rely on stock trading for a living. You learn how to handle the typical circumstances you could encounter from Marcel Link.
Features
- Author: Marcel Link
- Publishing House: McGraw Hill
- Rating: 4.4 on Amazon, 3.9 on Goodreads and 4.1 on Flipkart
- Page Length: 416 pages
7. Mastering the Trade, Third Edition
With the 2018 update, “Mastering the Trade,” which was already a best-seller, improved even more.
It has been updated with fresh tips and tactics to make it more applicable in the modern day.
John Carter outlines updated strategies for navigating the market with little harm.
He offers vital market intelligence and advice on how to evaluate the market before acting, along with risk-control measures for optimum results.
Features
- Author: F. Carter
- Publishing House: McGraw Hill
- Rating:4.6 on Amazon and 4.0 on Goodreads
- Page Length: 448 pages
8. Day Trading and Swing Trading the Currency Market
Trading in the stock market involves a lot of strategies. With the approach, you might expect making enormous earnings.
It will be challenging for you to thrive in this environment where your competitors are highly skilled bank specialists and private financial professionals if you don’t grasp or comprehend these approaches.
Some of the most widely used basic trading methods are discussed by Kathy Lien.
Other trading-related topics are covered in the book, including technical features like central bank intervention, interest rate spreads, and so on.
Features
- Author: FKathy Lien
- Publishing House:Wiley
- Rating: 4.3 on Amazon, 4.5 on Google Play and 3.7 on Goodreads
- Page Length: 304 pages
9. The Disciplined Trader: Developing Winning Attitudes
You may move on to the psychological aspects of the profession once you’ve read all the books on the technical side of stock trading.
More mental fortitude than usual is needed for the work. To embark into stock trading and persevere through it to the conclusion, you need to be in the frame of mind.
Success and the substantial financial returns you might expect are the goal here. For trading, much of your everyday attitude becomes a barrier.
To meet the needs of the stock market, these must be adjusted. It is covered in “The Disciplined Trader.”
Features
- Author: Mark Douglas
- Publishing House: Prentice Hall Press
- Rating: 4.5 on Amazon, 4.2 on Goodreads and 4.7 on Flipkart
- Page Length: 256 pages
- Languages available in: Apart from English, it is available in Portuguese, Persian, Vietnamese, Spanish, Russian, Farsi, Chinese and Czech
10. Digital Day Trading
It cannot be assumed that Digital Day Trading is up to date with all the most recent changes in the sector because it was released quite some time ago.
It will offer you a general sense of what to expect from your initial stock trading experiences and what you should do to achieve the greatest outcomes.
The many market disciplines you should adhere to when you are first trading are mentioned by Howard Abell.
Features
- Author: Howard Abell
- Publishing House: Kaplan Publishing
- Rating: 3.7 on Amazon and 3.0 on Goodreads
- Page Length: 269 pages
11. Trading in the Zone
Mark Douglas has done a fantastic job of addressing the psychological components of trading in this book, which are just as essential as the technical parts of the stock market.
The author took approximately 7 years to finish this work, which is known as the “Bible of Trading Psychology.”
This book discusses the causes of traders’ inconsistent performance and strategies for overcoming these deeply ingrained psychological tendencies.
The goal of this book is to change your behavior and perspective on key elements of effective trading.
Features
- Author: Mark Douglas
- Publishing House:Penguin Books Pvt Ltd
- Rating: 4.7 on Amazon
- Page Length: 240 pages
12. Way Of the Turtle
The author explains the factors that led to the ‘Turtles’ group’s usage of a straightforward trading technique succeeding.
The experiment was conducted by Richard Dennis and William Eckhardt, who enlisted 23 people from various fields and educated them to become profitable traders in under two weeks, as described by Turtle Curtis Faith.
One of the highest-earning turtles in the group was Turtle Faith.For those just getting started in trading with little to no expertise, this book is fantastic.
This book will also help you by outlining how crucial it is to stick to a trading strategy.
Features
- Author: Turtle Curtis Faith
- Publishing House: McGraw-Hill Education
- Rating: 4.4 on Amazon
- Page Length: 313 pages
13. Stock Market Wizard
This book’s foundation is a series of interviews the author conducted with several traders who enjoyed great financial success in the heyday of the internet boom.
One of the top books on intraday trading.This book discusses several characteristics that set the best traders apart from the others.
This book contains the interviews with several wealthy individuals, including Marty Schwartz, Richard Dennis, Paul Tudor Jones, Michael Steinhardt, and Ed Seykota.
Traders and professional financiers should study this investing literature with an interview-style format to learn more about how the financial industry functions.
Features
- Author: Jack D. Schwager
- Publishing House: McGraw Hill
- Rating: 4.6 on Amazon
- Page Length: 336 pages
14. Encyclopedia Of Chart Pattern
The author has covered all the technical analysis chart patterns every trader should be familiar with, as suggested by the title of the book.
The book includes a section on 10 event patterns and performance data for both bull and bear market patterns.
The author has discussed. Trading on important occasions, including quarterly results, announcements, retail sales, stock upgrades, and downgrades.
This comprehensive trading tutorial for chart patterns is provided. The author has also included pertinent advice on how to use charts to enhance your trading performance.
Features
- Author: Thomas Bulkowski
- Publishing House: John Wiley & Sons Inc
- Rating: 4.5 on Amazon
- Page Length: 1000 pages
15. Intraday Trading for Dummies
Despite not being a trader herself, the author has addressed ideas in her book that are excellent for comprehending the fundamentals of trading.
This book explains the basics of day trading, points out its many hazards, and assists you in setting up an action plan.
With the information and certainty you’ll get from this book, you’ll be able to keep your cool under pressure, control risk, and decide quickly whether to purchase and sell your holdings.
Features
- Author: Ann C Logue
- Rating: 4.2 on Amazon
- Page Length: 368 pages
Conclusion
You must keep in mind that no one becomes a skilled trader over night. It takes practise to get this knowledge. If you suffer any setbacks, you must remain committed and not lose heart.
There will always be unforeseen occurrences, but these books and techniques can help you minimize the damages.
Only by making wiser choices in the future can you possibly expect to stay away from them. Success in stock trading cannot be attained rigidly.
There are tested methods and tactics that have generated large profits. It is advised to stick to these until you have the financial means to make riskier and unusual choices.
I hope you liked our article on best books for Intraday Trading. if you have any comments or suggestions do share them in the comments below.
Frequently Asked Questions
1. Who is No 1 intraday trader in India?
Rakesh Jhunjhunwala, dubbed ‘The Big Bull,’ is the best trader in India.
2. What is the best strategy for intraday trading?
There is no perfect answer to this question. It all depends on your skills and mindset. There are hundreds of strategies but it is only useful if you can effectively utilise them.
3. Who is the king of intraday trading?
Being an Options trader with expertise in Algo Trading, Kirubakaran Rajendran is highly passionate about intraday trading and that was one of the key reasons behind the name “Square Off”.
Here are the top 10 books for intraday trading in India:-