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Hirose – review and feedback about the trading platform Lion Trader
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|Broker Name:||Hirose Financial UK|
|Operating since year:||2020|
|Number of employees:||100|
|Address:||27 Austin Friars, London, EC2N 2QP|
|Accepting US clients?||No|
|Account currency:||USD, GBP, EUR|
|Funding/Withdrawal methods:||Wire Transfer, Credit Card, Debit Card, Moneybookers, Neteller|
|Swap free accounts:||No|
|Interest on margin:||No|
|Accounts for money managers (MAM, PAMM):||No|
|Phone:||+44 (0)20 7614 3580|
|Fax:||0800 860 0924|
|Languages:||English, Japanese, Mandarin, Chinese, Indonesian|
|Availability:||Phone, Chat, Email, FAX|
|Trading Platforms:||MetaTrader 4, ActTrader|
|Trading platform(s) timezone:||(GMT +2:00) South Africa, Jerusalem|
|Demo Account:||Yes Demo account is expiring in 30 days|
|Web based trading:||Yes|
|Trading over the phone:||No|
|One click trading:||Yes|
|Other trading instruments:|
|Minimum deposit ($)||10.0|
|Maximal leverage (1:?)||300|
|Minimum lot size||0.01|
|Maximum lot size||30.0|
|General information about Hirose Financial UK|
Hirose Financial UK is a FCA regulated Forex trading company offering multiple trading solutions to the FX community. It is a subsidiary of Hirose Tusyo of Japan, which was established in 2004 and one of the largest OTC FX providers and award winning FX brokers. The Hirose Group provides margined FX services to over 200,000 clients worldwide, transacting over $200 billion of FX volume a month. In 2020 we became the first Japanese FX broker to open a FCA regulated office in London.
Hirose utilises some of the latest transaction processing technology allowing it to transact thousands of trades simultaneously (using straight through processing) without requotes. It also means that traders can deploy any type of trading strategy they want, from scalping to long term trading due to the underlying liquidity that Hirose Financial has access to.
Platform: LION Trader (ACT) and MetaTrader 4
Account Type: STP
Binomo is a simplified version of trading on the stock market. In trading binary options, the same data, assets and quotes are used as in traditional trading. You can start trading with a deposit of only $10, and transactions can be made starting at $1.
Binomo is a binary options company that stands out among many other options brokers. By offering a proprietary trading platform to its clients, loyal trading conditions, free training, and bonuses and gift options, the broker is able to be a good alternative when choosing a modern options platform with low minimums to start.
Terms of trade with Binomo
A perfect free training block, continues update of analytical materials and the number one is that this company can become the best choice for novices as it offers to them the lowest trade limit: minimal deposit of $5 and minimal transaction of $1. There is a free demo account available for novices, strategies proven by a good company of market players.
The company trading terms are ones of the top ones in the market. Everything is done here for a trader to sign up easily and start the real trading. The happy brokers customers praise the profitability of the platform, quick withdrawal, lots of offers, free signals. Due to the unique «Non-stop» mode you don’t need to wait for a transaction to be completed to start a new one, since the system lets you open several transactions simultaneously. Besides, the broker makes it possible, to earn from trading not in business days only, but also on weekends. The continuous implementation of advanced solutions to the service, emphasis on the safety of collaboration with the resource, the quality support – it is what made it possible for a young company, to leave the competitors behind. According to ratings of binaries brokers, Binomo keeps taking the top positions in the market outpacing the stronger projects. This is a modern and vibrant company setting big targets and achieving them.
Best Binary Options Brokers 2020:
You see already how to trade with Binomo to the effect that to keep getting income on a regular basis, don’t you? For the effective work the platform offers just up-to-date solutions, advantageous tariffs and training programs. The customers know how to win with Binomo more, don’t forget about numerous offers making trading more interesting and effective. Especially that the measurable benefit of this modern company is its offers. On Binomo official website you will find the ones of the most interesting and profitable offers. Why do you need a bonus at all? Binomo coupon – it’s special offers of the platform increasing the capital which may be used for trading, or depends on conditions, even withdrawn and spent the way you like. It’s a chance to earn real cash, get the trade experience.
Basic information about the Binomo broker:
Binary options training:
If you’re just starting to get acquainted with the options market, you won’t find a better broker than Binomo. On the company’s website, there is a large collection of material for beginner and professional training.
The theoretical part:
The practical part:
One of the significant factors characterizing the broker is its support team. In this regard, the company is praiseworthy. Client support is provided by well-prepared, qualified personnel, capable of quickly finding solutions to any client problem. The support team works 24/5 and is always on the client’s side.
Binomo trading options is quite a solid step for a trader deciding for collaboration with the company, as they actually have the unlimited gain potential. But the key to success is a choice of a trading platform, and Binomo platform is exactly the one you shall pay your attention to: this is an advanced terminal with no analogues in the market, advantageous terms, useful service etc. Reliable regulation, rapid technical support, wide range of tools (shares, CFD, cryptocurrency trading) – all this speaks for the company gravitas, Binomo platform promising outlook and convenience (the feedback is real, withdrawal, bonuses below in our review).
On the own Binomo platform, which is considered to be the one of the best in the market, the most advanced technologies are implemented, professional tools are available, which help to undertake the complete analysis of assets dynamics, high order processing speed. This avoids the necessity of outside services application making the trading more comfortable. Moreover, apart from the advantages described above, Binomo lets traders withdraw the earned profit. The maximal withdrawal term is just 24 hours!
The company platform doesn’t need to be installed to your computer, is characterized by nice design, advanced features: change of chart design, expiration type, assets choice along with studying the information about them, adding indicators and widgets etc. It’s simple and easy or a customer to find out in the platform operation way, understand his options, then he can stake one at once and make a profit. The terminal is targeted both at a novice of the market and a professional trader, both will feel here comfortable enough. You can study at once the breaking news o the market, the analytics of the company staff, watch the quality webinars.
The platform has a unique design, color palette, and a variety of technical tools and technological solutions, namely the following:
The instrumentation and stable operation of the Binomo broker’s trading platform allow the user to implement any trading plan, build their own strategy, successfully manage capital, and, of course, earn!
And the thing options market beginners enjoy the most is the high-tech Binomo platform available in the demo version. So, it’s possible to try your hand at trading and test the company’s trading software without replenishing your account!
Binomo broker quotations
It’s crucial for a young and promising company to provide its customers with the proven and reliable service. So for the customers to have the up-to-date information about quotations available, Binomo cooperates with one of the most respectable liquidity suppliers of the market – Thomson Reuters. So traders can be sure that there are accurate data about the assets prices provided in the terminal, which are continuously updated. This information is common for all users, its change from the broker’s side is impossible.
Binomo demo account
The option of check out a broker’s service and of training trade in its terminal is long time considered to be a professionalism mark of the company, which is fair operating in the market. Binomo offers a free demo account for interested traders, too. This option lets players check out the terminal service, test strategies, complete transactions with virtual money without losing their own capital. The company terminal is its own development. To try trading here and estimate if it convenient is for you, you also should use the Binomo training account.
The demo account is termless, it gives you the real chance to understand in actual practice to what extent the broker is fair with its trader, how professional is its support service, how convenient and stable is the platform. Besides, all the capacities of a real account are available here, which a user works with after filling the account.
Binomo mobile application
One of the major trading platforms in the market offers to its customers a mobile application (iOS, Android), which lets you get the direct access to the system any time. Now the fully-fledged trading nonstop is possible. No matter where you are, as long as your smartphone with the mobile platform is with you. You can trade in the functional terminal, study the stakes history, fill the account, take part on tournaments and offers.
To set up the application to your mobile, press the multipurpose button below, which will automatically redirect you to the online-shop of your smartphone, where you can download the terminal for your operation system for free.
When first time registered by Binomo, you have the right for getting bonuses. Their amount may reach 100% of the filling sum. Such offers let you double your capital at once after you signed up in the system, with no risks for your deposit.
If you go for a Binomo bonus, you shall certainly study its use terms, as any platform has rules, is customers shall follow using the bonus offer. Please note that the company cares about the project marketing part. So there is a great amount of campaigns and special offers available on the platform. For example, Binomo bonuses are the additional options by the first account filling, these are the «megabonuses» – gift offers with a hefty money reward.
One more significant advantage of the company are numerous tournaments designed specifically for platform users, they let you not only check your intuition in use, but are also a good way to earn the proper capital with no risk for your deposit. The tournaments take place on the regular basis and provide a generous sum of the prize pool, may be both, requiring payment and free, some of them are held specifically for novice traders, others are focused on professionals. Before you try your hand in a tournament, read its participation conditions carefully. We assure you, the effective trading is possible only if you build up your familiarity with it in a proper way. If you got interested in the company capacities we described above, welcome to binomo.com! Taken to the website you will unveil a wealth of opportunities!
Deposit and withdrawal
A very good reliability sign of the company providing trading services is a strict payout discipline. The withdrawal with Binomo really happens within 24 hours. On the average, the money comes in 3-4 hours after withdrawal request to the indicated wallet! This impressive processing speed points to the fact that Binomo is very quick with payouts and will never «squirrel» your earned funds away. You know, it is very important at a time when a great number of other similar resources start «machinate» after the application execution, ingeniously inventing more and more excuses for you.
Well, Binomo let traders withdraw their earnings without any problems. It’s possible with payment cards VISA, UnionPay and MasterCard, services Alfa-Click, Neteller, QIWI, PSB, WebMoney, Yandex money, cryptowallets. Here we point that the minimal withdrawal sum starts from $10 and the company doesn’t take any fees for transactions, the customers save sizeable amounts due to this.
Complaints against Binomo
Our team studied carefully thematic forums and portals, with the information and feedback about Binomo. We noted a certain amount of the negative comments from customers, caused, as appeared, by technical problems on the company website while transferring it to a new trading platform and changing the bank where all deposits of users are kept. On the back of technical faults the public anger raised, which cooled down right after the service operation was put in order. It’s a tribute to the platform to create a perfect trading platform where it takes really just 24 hours to withdraw funds, so there is no rhyme or reason to consider that public anger as a shortcoming. Quite the contrary, the collaboration with Binomo became hugely more nice and more quality.
If we find complaints about Binomo, we will post it on social media. Follow us to be well informed:
As for the rest, the complaints against Binomo don’t exceed the threshold. And this speaks for the fact, that Binomo manages its aims and missions successfully, trading on its platform is gainful and comfortable.
Binomo broker regulation
Binomo submits to jurisdiction of FMRRC (№ RU 0395 AA Vv0120). It means the company is regulated by a serious agency performing audits of the company activity of the clarity and quality of its services, guaranteeing the security of all deposits of the customers. In case the financial issues with the platform happen you will take your funds back easily, this also speaks of its reliability.
Apart from this, the company is a member of the International financial commission («A» category) since May, 2020. This fact also makes it clear, that Binomo is a reliable project guaranteeing to users the high quality service, clear cooperation and protection of their funds by professional company.
Binomo «User agreement»
One of the essential documents, «User agreement» of a customer with the broker gives you a chance to check out the internet resource rules, aspects of transaction setting and withdrawal process, lets a trader study his rights and obligations. This information must be studied before you signed up with the platform to protect yourself from possible problems collaborating with the broker in the future.
In «User agreement» of Binomo you can find various materials, which make a trader think of many aspects. For example, in the paragraph about the nuances of quotations display in the terminal it is pointed that it is the only information source of assets price. At that the quotations can’t be true at a certain point as they are influenced by terminal stable connection with the company servers. The broker also does not guarantee that the transactions executed by these quotations at some point will be completed by the same price. It is not really convenient for traders counting on some profit while working in the market:
Or please note the fact that in case of disputes on transactions client-side proceeding the information on them happens based on the broker’s materials. At that, the complaints concerning the missed profit and a claim for compensation for the emotional distress are totally ignored by the company, this also complicates the interaction with it:
A customer confirms that the risks of trading may be essential – this is the fair paragraph published on the most broker platforms. However, cooperating with Binomo he automatically agrees also, that the company does not bear the responsibility in case of his losses happened due to force majeure and other circumstances. This information also makes the cooperation with the resource «shaky», as there may be a lot of such «circumstances», which may also result in significant losses:
Is Binomo a scam?
As of now Binomo is one of the most advanced and fast-paced trading platform in the options market, the broker received the FMRRC license, is committed with all the clauses of the customer agreement and its own trade terms. So saying Binomo is a scam would be the true aspersion on the fast-growth company.
Binomo company is worthy of separate attention of traders. It offers some of the most loyal trading terms in the options market, provides the perfect trading soft, access to free trainings and daily analytics. Besides, please note the rapid withdrawal of funds from Binomo platform, which will be transferred to you within 24 hours, – not every company can boast about! Needless to say the regulation of Binomo leaves a certain degree of confidence in it, along with the customers’ deposits coverage eliminating any risks in the market.
What can we say about the company as a whole? If you need a broker with good trading software, high profitability of options, achievable conditions to start trading, and free training – Binomo is the way to go. Focusing on high stock exchange standards, this company is loyal to all its clients. Whether you are an experienced trader with hundreds of thousands of dollars, or a novice trying to make money on binary options, Binomo provides all of the conditions for self-realization. And that is the most important thing that you can look for in an options company!
One final comment is that Binomo passed our careful audit relatively easy and is very worthy to join the ranks of those companies allowing you trade options without any problems and make a pretty penny out of it. Moreover, Binomo lets you all the earned profit without any problem, the company is regulated by FMRRC, has numerous positive comments from customers! Picking Binomo company for trading you obtain quality, stability, safety and innovations in one platform! These are the perfect advantages, which may be hardly found by majority of other similar trading platforms of the financial market.
Binomo is a scam. More, it is manage by estrange people. Customer service incompetent, a Sergey who doesn’t know that its company is fooling people. Once you jump from Demo to Real money, the platform becomes suddenly very slow. I meant, very! You place an order and it takes more than 20 sec. before your order appear. And it appear when you don’t want where it appears. Result, you lose money.
Hello, Nikos! Please, tell us the ID number of your account. We remind you that your account has to be verified, so, please, send us the photo of your passport to [email protected] . We also kindly ask you to provide the screenshots of the deals you think were not closed correctly. Thank you and have a nice day !
What? You are deleting my reply? Binomo is deleting REPLY?
Why, Binomo, do you, systematically remove my answer?
No, I will not have a nice day as you sole my money. You already have my passport scan. You already send me an email saying that you server had a problem. Did you reimburse me funds? No! I even couldn’t withdraw money. Scam you are, videos are published all over the net.
Why do you delete my posts? Why do you delete other posts? Why do you want my passport as you already got it? Why should I provide to you screenshot as I am talking about videos? How can we see you’re a scam company with screenshot? Nonsense..
Agree with Nikos.
Dear Marcel, we don`t have a possibility to delete the comments. You can be sure that we never did it. If you still experience withdrawal issue, then, please, contact us via [email protected]
Hello. It seems that my previous comment was deleted by Binomo. So, if they delete, you understand which kind of people they are.
It appear that Binomo succeed to remove negative comments. I will answer from Nikos, as I had the same problem.
Well…let’s say that Binomo it’s a scam. Just be careful as their platform is performing only with Demo account, When trading with real money, it’s juts Casino.
We feel sorry that you had a negative experience. Do you have a proof of incorrect platform functioning? Withdrawals are processed according to Client Agreement without any delays. What exact withdrawal issue did you had? We always consult on any issue of our clients and do our best to solve any of them. If it is still actual, please, contact our support department via [email protected]
This was the worst broker I have ever dealt with.
They have a BAD support, where the employers doesn’t even speak a good english and send over and over again the SAME answer on almost all emails.
After 6 months trading with them (The only reason was their good payout during 21-22gmt) they blocked my account and from a few of friends for no reason.
First, they requested me a video conference (after 6 months using the broker with all documents OK). So I did it via SKYPE.
They said I should receive an email from the Security Departament.
In the next day, nothing happens, then I sent an email again and they said I have to wait 90 days to receive a message from their departament. In the meanwhile, I have not acess to my account or even can withdrawl my funds.
I consider this as a theft.
As I said in the begin, their support is the worst ever, so I will never get my money again. I have friends who loose over 6.000, some 3.000usd each one. Stay away from this broker.
Binomo send withdrawl on wornge address 3pavoApa2a4eSkikTEm9niH3pDTT8HKdBU
binomo mistake its not gvie me withdrawl my address 39guhXURRhDxaFq4n12xKV9xkd7DkTQwBH i lost 18 usd now when binomo give me return
Hello To All, Binomo is a platform for all, its is easy to use and trustworthy too. It is pretty convenient to trade using the Binomo platform. Well, I am no expert in trading though, however I did it very well as Binomo provides support at every step. You can call them anytime. This makes trading risk free, as you get support from the professional team.
It is a good platform. It is relatively easy to use as well. The best way to make money using Binomo is first, to practice, and second to remain updated. Be a vocal part of networks, forums, Facebook groups etc to keep knowing about the latest happenings in the field. The amazing resources provided by the platfrom make it very easy to use!
Hello, A surpsisingly easy to use platform. I love using Binomo as it has a seamless interface. The website has detailed instructions on how to use it. It has a great 24/7 customer service as well, which helps make the tasks easy.
Binomo provides seamless trading facilities. You go to their website, and the interface will guide you take further steps. If you are still not able to use it, you can call their customer support which is present 24*7 for assistance.
Binomo is a good platform as per me. I am based out of India and it is a new entry here. I would recommend this to people who want to start off. It is definitely now a cam as I have not lost any money.
Thanks for sharing your experience
As per my knowledge there are mixed reviews about all trading platforms. Some people claim it to be scam and some are genuinely an expert in trading. I have recently started with BINOMO and with a great experience i can say that it’s not a scam at all.
I have been trading on binomo from last 6 month and earn lots of money by following RSI Chart. I have withdraw my money from binomo without any problem. what i’m suggesting to people , before playing any you need to learn first and binomo provides such kind platform where you can open account with Demo Balance of RS.65000 and learn by trading and then enter int he real world. thanks
While trading on binomo, One thing i noticed that whenever you please position either UP or DOWN, they go in binomo favors but it’s not always as i have earned many times so be very careful while trading .
I have absolutely no complaints about the work of this broker. I started working with him for a long time, and in principle, all the results are completely satisfied — the broker is convenient, and profit is still pretty good.
I really liked this broker. According to the results of my work, I have only positive feedback – everything works without problems. I think this company is quite a good method of earning. recommend other to use and trade
Lion Trader Pro
Lion Trader Pro is a trading robot for the trading on forex. This is a Trend Following system that trades mainly during Asian and NY sessions.
The EA has been subjected to stress tests for a period of 17 years and passes every year with a very advantageous profit/drawdown ratio.
Important Information Revealed
Lion Trader Pro Work in GBPUSD M1
This Ea is Fifo Compliance
It analyzes the market without using obsolete indicators and pattern, looking for the main trend, entering the market based on volatility and an artificial intelligence algorithm to predict the likely future trend.
The maximum accuracy backtests allowed show a high payout rate and good resistance to unexpected market events.
Recommended Test Period 2003 to Today. GBPUSD it is not recommended for use on other pairs, without being aware of the increased risks.
if you can not run a backtest, watch the video below.
News Filter Link: http://ec.forexprostools.com/?columns=exc_currency,exc_importance&importance=1,2,3&calType=week&timeZone=15&lang=1
25+ Books and Articles a Modern Trader Should Read
We have carefully picked a wide selection of books that will help you with your endeavors of becoming a modern trader. They all are related to stocks, futures, and crypto. In fact, each of them takes a specific dive into one of the categories we have identified. Enjoy.
Part I: Theory, fundamental and technical analysis
These are fundamental books that educate about economics, money, and theory of trading.
1.The Ascent of Money by Niall Ferguson (2008)
Mr. Ferguson has created a true masterpiece by the encrusting history of our society into the massive track record of the financial evolution. Not only one begins to understand a complete landscape of the today’s financial instruments but also is able to track the path of their establishment.
With Ferguson, you will learn how first equities and stocks appeared, what role the banking system played in the world exploration and later industrialization, and even peek at maestros of hedge funding. Get it.
2. Technical Analysis of the Financial Markets: A Comprehensive Guide to Trading Methods and Applications by John J. Murphy (1999)
Next book has already served thousands of people as the Trading Bible offering the concepts of technical analysis and helping to apply this knowledge in the futures and stock markets.
Understanding indicators and being able to read charts is crucial in both trading and investing. The author leads his readers through an accessible overview of the technical analysis, prioritizing the futures markets.
Technical Analysis of the Financial Markets is the basic and first book in trading. Get it.
3. Encyclopedia of Chart Patterns by Thomas Bulkowski (2000)
This colossal work is a continuation of the field of technical analysis. Described as the encyclopedia for a reason, Bulkowski’s book elucidates performance statistics for bull and bear markets. The revised and expanded second edition of this bestseller includes 23 new patterns, containing a second section dedicated to ten event patterns.
Thomas Bulkowski teaches how to trade during the significant events: quarterly financial reports, retail sales, stock upgrades, and downgrades. It is a must-have reference for the modern trader. Get it .
4. One Up On Wall Street by Peter Lynch (2000)
The book of Mr. Lynch is iconic in many senses: there are over a million copies sold; the author himself is a legendary mutual-fund manager who shares own experience and relates to his readers. He attributes financial success to an ability to spot investment opportunities which are “everywhere.”
One of the key ideas that Mr. Lynch shares with us is the advantage of the average investors before professionals. Since we encounter products and services right, left and center, paying attention to the best ones can help with finding the best companies to invest in before the analysts even discover them.Read it.
5. The Emotionally Intelligent Investor: How self-awareness, empathy and intuition drive performance by Ravee Metha (2020)
There is one more critical foundation that the modern trader ought to comprehend: Emotional Intelligence. Based on his expertise in neuroscience and trading, Ravee Metha revisits long-held assumptions and beliefs. He implies that a good venture starts with introspection.Get it.
6. Market Wizards, Updated: Interviews With Top Traders by Jack D. Schwager (2020)
An even deeper insight into the mindset of a successful trader. Schwager’s bestseller became a classic for the deeply insightful interviews with financial stars like Bruce Kovner, Michel Steinhardt, Ed Seykota, Tom Baldwin, and Marty Schwartz.
Follow Peter on Twitter
In Part One, the author interviews experts in futures and currencies, who turned thousands of dollars into millions. Part Two covers mostly stocks while Part Five refers to the psychology of trading. “There is no other book like this,” says Nassim N. Taleb, a former derivatives trader.Get it.
7. Bubbles, Banks, and Financial Stability by Kosuke Aoki and Kalin Nikolov (2020)
For true geeks of finance, we offer to review a 40-pages long working paper by Aoki and Nikolov. The authors have made their research for the European Central Bank and a number of other reputable financial institutions.
This particular article reviews the significance of regular financial bubbles to the monetary system and society overall. Besides, it gives a glimpse at how to spot one and which poses a true danger to the financial system. Although this scientific approach with vast formulas can become a prerequisite for entering a short position, one must remember the educational purpose of the work.Read it.
8. Trading with Depth of Market by Guy Bower (2000)
DOM is short for Depth of Market. Learn more about market depth and how to read price levels which are updated in real time.
This short guideline will lead you through depth trading basics and setups that are applicable in most types of trading. It also includes numerous illustrations that become handy during practical application of knowledge.Read it.
9. Mind over Markets by James Dalton (1999)
Dalton’s work is the core foundation on Volume Analysis amid structured knowledge about order book and order flow. It has a massive value squeezed into 275 pages — the experience that normally would take traders years to obtain.
The Mind over Markets covers market structure, trending and bracketed markets, day timeframe trading and pattern recognition. It also teaches about long-term trading and what markets to avoid. The approach is elegant and simple — the author shows how traders and investors can quickly learn the nuances, features, and signals of the market in five basic steps.Get it.
10. Top 10 Trading Setups: How to Find them, When to Trade them, How to Make Money with Them by Ivaylo Ivanov (2020)
From breakouts and pullbacks to huge volume and mean-reversion setups, Ivanov explains which strategies fit different markets. His key message: a good trader adapts to changing markets and makes money both in a bull and bear market.
It is one of the most practical trading books ever created since it directly plunges into trading setups. Learn what strategies to use, when, how, and at which point to exit them. It is a game changer for the diverse market environment.Get it.
Part II: Trading Stocks
11. How to Day Trade for a Living: A Beginner’s Guide to Trading Tools and Tactics, Money Management, Discipline and Trading Psychology by Andrew Aziz (2020)
With over 750 reviews and a 4.7/5 rating, this book deserves your time and a place on a bookshelf. It focuses specifically on stocks and develops a definite understanding of ABCD Pattern, Bull Flag, VWAP, and other trading strategies.
A Ph.D. in Chemical Engineering but a trader by profession, the author knows what discipline in trading is. Get it.
12. The Day Trader’s Bible by Richard Wyckoff (1919). Edited Revisions 1999–2001
Wyckoff worked on the Wall Street during the Golden Age of technical analysis. He has gathered all his day trading experience and crystallized it in one vivid book. The very fact that some readers argue regarding the relevance of the century-old book underlines the ignorance of human psychology.
As financial history repeats in cycles, this should be a great motivation to reflect on the Day Trader’s Bible. You will find yourself returning to it frequently. Read it.
13. Pit Bull: Lessons from Wall Street’s Champion Day Trader by Martin Schwartz (1999)
If you think we are providing you with technical literature only, don’t get mistaken. This enjoyable book will lead you through the entertaining thriller of economic endeavors as Martin “Buzzy” Schwartz shares his autobiography.
14. Trading in the Zone: Master the Market with Confidence, Discipline, and a Winning Attitude by Mark Douglas (2001)
In his book, Douglas reveals why most traders lack consistency and help them to overcome the innate mental habits that cost money. The author examines popular myths about the market and uncovers them one by one teaching readers to look beyond random outcomes and understand the true reality of any taken risk. Get it.
15. Trades About to Happen: A Modern Adaptation of the Wyckoff Method by David H. Weiss (2020)
Some call it a genuine reword of Wyckoff. The book analyzes markets one bar chart at a time, recreating the ambiguity of actual trading. It also emphasizes reading price/volume charts without overcomplicating it.
After completing Trades About to Happen, one can apply its knowledge on the nanoscale in the order book and utilize such concepts as climax volume and absorption. Besides, it includes a short study guide in the appendix to assist readers with mastering the material.Get it.
16. Trading and Exchanges: Market Microstructure for Practitioners by Larry Harris (2002)
User @mrizzo0 recommended this book on our Twitter and added: “you gotta know the rules and the enemy.”
Trading and Exchanges covers securities and contracts, the marketplaces where these are traded, and the rules that govern them. You will learn about brokers, dealers, arbitrageurs, retail traders, rogue traders, and how traders differ from investors and gamblers.
There is also significant information about exchanges, dealer networks, ECNs (electronic communications networks), boards of trade, crossing markets, and pink sheets.Get it.
17. Flash Boys: A Wall Street Revolt by Michael Lewis (2020)
Lewis appeals to a reader with a strong message: there are insiders on the Wall Street that rig the market. And this concerns even those who only have a retirement account. To most readers, Flash Boys has been an eye-opening piece with a true snapshot of the financial market.
How is it valuable besides an entertaining insight into high-frequency trading and algo trading? First of all, the reader becomes aware of the whole trading landscape, with its risks and uncertainties. Secondly, it becomes a motivation for diversifying the portfolio and becoming extra cautious to particular markets.Get it.
18. Mastering the Trade, Second Edition by John F. Carter (2020)
Mr. Carter will help you identify whether you are a good fit for trading stocks. The third chapter reviews tools for traders, although it does not focus on a particular instrument.
The book will also prepare you that sometimes it is OK to take a break, relax, and patiently wait for the right opportunity. There is enough of positive feedback from readers who also are swing traders. Get it.
Part III: Trading Futures
Here comes one of the oldest instruments — futures contracts. Either you are new to futures or already started trading this derivative, read our blog post on this topic.
19. A Complete Guide to the Futures Market: (Wiley Trading) by Jack D. Schwager (2020)
Schwager’s second and most recent book narrows down the topic to a complex world of futures. From the technical analysis, trading systems, and fundamental analysis to spreads and practical trading principles, this famous author successfully navigates any trader interested in the futures market.Get it.
20. The Simple Strategy — A Powerful Day Trading Strategy For Trading Futures, Stocks, ETFs and Forex by Markus Heitkoetter (2020)
This is a practical and clear guide to entry and exit positions. The book will instill knowledge about taking advantage of small intraday trends without sophisticated trading software.
In fact, it is not for novice traders or those who are looking for the Holy Grail or wants to automate his trading. Get it.
21. Options, Futures, and Other Derivatives (10th Edition) by John C. Hull (2020)
The book dives into the topic covering the industry’s hottest topics. It serves business and economics professionals and aids in overcoming the gap between theory and practice.
Understand the Black Scholes model at scale. Get it.
Part IV: Blockchain and cryptocurrency
22. Cryptoassets by Chris Burniske and Jack Tatar (2020)
What should a trader know about crypto trading? First of all, it is the new Internet, and unless one thinks of retirement, should he neglect such a delightful trading opportunity. Secondly, the authors demystify a vast number of ideas that have populated media and common conversations.
After reading this book, the puzzle pieces will join and readers will personally benefit from being aware of a new asset class.Get it.
23. Cryptocurrency Investing Bible by Alan T. Norman (2020)
This book will educate you on the following topics:
24. Cryptocurrency Trading: A Complete Beginners Guide to Cryptocurrency Investing with Bitcoin, Litecoin, Ethereum, Altcoin, Ripple, Dogecoin, Dash, and Others by Crypto Tech Academy (2020)
Much alike previous works with expert advice on trading, this particular book unleashes strategies on trading a totally new class of assets. Cryptocurrency Trading will explain the pros and cons of long-term and short-term investing in various virtual currencies.
It also explains how to store purchased coins, diversify the portfolio, and protect yourself from hackers and phishing. Get it.
25. The Internet of Money by Andreas M. Antonopoulos (2020)
In fact, we suggest to dig deeper and understand the underlying philosophy of cryptocurrencies. Why did bit-coiners counteracted the bankers? What is the potential of the new mythical technology called blockchain?
The legend in Bitcoin space, Antonopoulos not only will share the answers with you; he has been an evangelist of the Internet of Money for years. Get it.
Part V: a bonus
26. Thinking, Fast and Slow by Daniel Kahneman (2020)
Kahneman is a notable psychologist who improved our understanding of decision-making and behavioral economics. The Nobel Committee awarded him with the Prize in Economic Sciences of 2002 for the latter topic.
Significantly, his book covers three phases of Kahneman’s career: the early days working on cognitive biases, his work on prospect theory, and his later work on happiness. As a result, it introduces two systems that explain the rain’s formation of a thought: fast and slow. Get it.
27. Make Your Bed by Admiral William H. McRaven (2020)
Francisco Caselles suggested that anyone looking into trading must learn self-discipline. Make Your Bed by will prove that little things change your life “…and maybe the world.”
Don’t take our word for it; leading news outlets described it as “powerful” and a must-read for every leader.” Taking into account that in trading you are the leader for yourself, it might be beneficial to you. Get it.
28. Happiness: A Guide to Developing Life’s Most Important Skill by Matthieu Ricard (2007)
This blissful and intelligent manuscript will settle in your mind and open up a secret to harmony. Ricard’s writing examines years of scientific, cultural and philosophical exploration of happiness and attempts to answer a range of doubtful questions we all have had.
It reminds that happiness starts with our attitude and is a foundation of peace of mind.
Happiness will greatly assist you in your trading endeavors, both in high and low times. It will help you not to lose mind. Get it.
We hope this was enriching. There are enough brilliant authors and we could miss one. Please share a title or an author in the comments to this section if you would like to recommend more books on trading. Let’s remember that knowledge is the best investment everyone is capable of.
Bookmap is a professional high-performance trading platform. Over the last few years, it has set a new standard for accurate real-time visualization of complete market data. Traders can track the evolution of market depth displayed with heatmap as a 3rd dimension.
Customers include brokers, hedge funds, proprietary trading firms and individual traders. They use Bookmap for trading futures, stocks and digital/cryptocurrencies at CME, Nasdaq, GDAX, and other exchanges.
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