"Diary of a Professional Commodity Trader" - 2nd best ever

Diary of a Professional commodity Trader - Number 2 trading book ever





All technical analysis traders have heard of Technical Analysis of Stock Trends by Edwards and Magee, and many consider it the "bible" of pattern trading.

I've been trading markets for almost 30 years and I still refer back to Edwards and Magee.
Until now I'd considered the second ranked trading book to be "Trading for a Living by  Alexander Elder, followed closely by "Reminiscences of a Stock Operator". But I've just bought myself a traders book for Christmas which I now consider sits firmly at number two.

If you trade using charts, and particularly use pattern recognition, then you must read and keep in your library,  Diary of  a Professional Commodity Trader by Peter L Brandy. It was published in 2011 but I hadn't come across it until now. I don't know Peter personally, I just commend him for what he has produced and recommend his book to serious traders.

See just some of the comments about the book below:

"We've all read about the high rollers who go boom and bust, but this book is different. Packed with straightforward prose, practical knowledge and honest counsel, Diary of a Professional Commodity Trader delivers far more than the title promises. Peter Brandt methodically explains what no one has before: how a dedicated individual can trade for a living. If that is your destination, this is your ticket. "
- Robert Prechter, Elliott Wave International


"This book is insanely great. The refreshing clarity this book brings to the table is brilliant. I think this is an amazing, excellent book, one that could help a whole new generation of traders."
-Jack Sparrow

"This is the most honest trading book of the last decade. Peter tracks recent trials and tribulations on his path to success dating back to the 1980s. He shares numerous insights into the emotional and technical challenges of trading, right down to his track record over the years. Peter candidly documents a recent trading period. His ultimate success reflects the importance of staying true to a process while still allowing flexibility to modify rules as market conditions change. Anyone desiring longevity in the business really needs to read this book."
- Linda Raschke, trader, President of LBRGroup, Inc., and co-author of the best selling book, Street Smarts-High Probability Short Term Trading Strategies.