Smart position sizing & risk management

Day Trading

Books for day traders — from getting started to mastering intraday strategies.

How to Day Trade for a Living ★ Featured
Book
How to Day Trade for a Living
Andrew Aziz

The #1 day trading book on Amazon for 7 years running. Aziz breaks down his actual setups with real trade examples. Over 3,800 ratings on Goodreads and translated into 13 languages. If you only read one day trading book, make it this one.

A Beginner's Guide to Day Trading Online
Book
A Beginner's Guide to Day Trading Online
Toni Turner

Written in an accessible, step-by-step manner, A Beginner's Guide to Day Trading Online, 2nd Edition shows how to day trade stocks in today's market. Day trading is highly profitable-and highly tumultuous. Moreover, the financial markets have changed considerably in recent years. Expert author Toni Turner gives you the latest information on mastering the markets, including:Decimalization of stock pricesNew trading products such as E-minis and Exchange Traded Funds (ETFs)Precision entries and exitsThe new breed of trader Written in an accessible, step-by-step manner, A Beginner's Guide to Day Trading Online, 2nd Edition shows how to day trade stocks in today's market.Toni Turner is the bestselling author of A Beginner's Guide to Short-Term Trading. An investor/trader with fourteen years' experience, she is a popular educator and speaker at financial conferences and trading forums across the country. Toni has appeared on NBC, MSNBC, CNN, CNNfn, and CNBC's Power Lunch, with Bill Griffith.

Toni Turner makes the learning curve feel less steep. She focuses on building a trading plan and getting your head right before you risk real money. A great second book after Aziz.

One Good Trade
Book
One Good Trade
Mike Bellafiore

A behind-the-scenes look at SMB Capital, one of NYC's top prop firms. You'll see how professional traders develop, fail, and eventually find their edge. Honest and eye-opening.

The Playbook
Book
The Playbook
Mike Bellafiore

Bellafiore's follow-up to One Good Trade. This one is all about building your personal playbook of setups. Read it once you have some screen time and want to get more structured.

Start Day Trading Now
Book
Start Day Trading Now
Michael Sincere

A short, no-nonsense intro for people who aren't even sure what day trading is yet. Sincere covers the basics without overcomplicating things. Good for a weekend read.

Tools and Tactics for the Master Day Trader
Book
Tools and Tactics for the Master Day Trader
Oliver Velez & Greg Capra

Written by the founders of Pristine Capital. Heavy on Level II and tape reading. Some of the platform-specific stuff is dated, but the core concepts on reading order flow still hold up.

Swing Trading

Books for swing traders who hold positions for days to weeks.

How To Swing Trade ★ Featured
Book
How To Swing Trade
Brian Pezim

The most popular swing trading book for a reason. Pezim covers chart patterns, indicators, and three real strategies without any fluff. If you're holding positions overnight, this gives you a solid framework.

The Master Swing Trader
Book
The Master Swing Trader
Alan S. Farley

Frequently the top recommendation in swing trading communities. Farley goes deep on chart reading and pattern recognition for multi-day holds. More advanced than Pezim but worth the effort.

Mastering the Trade
Book
Mastering the Trade
John Carter

John Carter shares the setups he actually trades. Great for anyone moving from day trading to multi-day holds. The squeeze setup alone has a huge following.

Come Into My Trading Room
Book
Come Into My Trading Room
Alexander Elder

The trading bible for the new millennium In Come Into My Trading Room, noted trader and author Dr. Alexander Elder returns to expand far beyond the three M's (Mind, Method, and Money) of his bestselling Trading for a Living. Shifting focus from technical analysis to the overall management of a trader's money, time, and strategy, Dr. Elder takes readers from the fundamentals to the secrets of being a successful trader--identifying new, little known indicators that can lead to huge profits. Come Into My Trading Room educates the novice and fortifies the professional through expert advice and proven trading methodologies. This comprehensive trading guide provides a complete introduction to the essentials of successful trading; a fresh look at the three M's, including a proven, step-by-step money management strategy; and an in-depth look at organizing your trading time. Come Into My Trading Room reviews the basics of trading stocks, futures, and options as well as crucial psychological

Elder's follow-up to Trading for a Living. Covers his complete trading system including a step-by-step approach to managing swing trades. Pairs well with his psychology books.

Technical Analysis

Chart patterns, candlesticks, and price action — essential for any active trader.

Technical Analysis of the Financial Markets ★ Featured
Book
Technical Analysis of the Financial Markets
John Murphy

Technical Analysis of the Financial Markets expands upon and updates Murphy's classic Technical Analysis of the Futures Markets. Packed with some 400 real-life charts that clarify every key point, it covers: the fundamentals of technical analysis and chart construction; what you must know about trends and the building blocks of chart analysis; price patterns, including major reversal and continuation patterns; methods of analysis - moving averages, oscillators, contrary opinion, and other indicators; and time cycles, market interrelationships, money management, and trading tactics. Beginners and experienced traders alike will find a wealth of immediately useful information in this authoritative, yet easy-to-follow guide.

The technical analysis textbook. 4.7 stars on Amazon with thousands of reviews. Covers everything from trendlines to intermarket analysis. Most trading courses reference this book. If you're serious about charting, you need it on your shelf.

Japanese Candlestick Charting Techniques
Book
Japanese Candlestick Charting Techniques
Steve Nison

Nison introduced candlestick patterns to Western traders with this book and it's still the definitive guide. 4.7 stars on Amazon. Every candlestick pattern you see on a chart traces back to this book.

Encyclopedia of Chart Patterns
Book
Encyclopedia of Chart Patterns
Thomas Bulkowski

In this revised and expanded second edition of the bestselling Encyclopedia of Chart Patterns, Thomas Bulkowski updates the classic with new performance statistics for both bull and bear markets and 23 new patterns, including a second section devoted to ten event patterns. Bulkowski tells you how to trade the significant events -- such as quarterly earnings announcements, retail sales, stock upgrades and downgrades -- that shape today's trading and uses statistics to back up his approach. This comprehensive new edition is a must-have reference if you're a technical investor or trader. Place your order today. "The most complete reference to chart patterns available. It goes where no one has gone before. Bulkowski gives hard data on how good and bad the patterns are. A must-read for anyone that's ever looked at a chart and wondered what was happening." -- Larry Williams, trader and author of Long-Term Secrets to Short-Term Trading

Bulkowski tested every chart pattern against real market data and published the actual success rates. No opinions, just numbers. An incredible reference to keep on your desk.

Trading Price Action Trends
Book
Trading Price Action Trends
Al Brooks

"A practical guide to profiting from institutional trading trends. The key to being a successful trader is finding a system that works and sticking with it. Author Al Brooks has done just that. By simplifying his trading system and trading only 5-minute price charts he's found a way to capture profits regardless of market direction or economic climate. His first book, Reading Price Charts Bar by Bar, offered an informative examination of his system, but it didn't allow him to get into the real nuts and bolts of the approach. Now, with this new series of books, Brooks takes you step by step through the entire process. By breaking down his trading system into its simplest pieces: institutional piggybacking or trend trading (the topic of this particular book in the series), trading ranges, and transitions or reversals, this three book series offers access to Brooks' successful methodology. Price Action Trends Bar by Bar describes in detail what individual bars and combinations of bars can

Al Brooks reads price action bar by bar. It's dense and takes effort, but traders who put in the work swear by it. Not for beginners, but nothing else goes this deep on pure price action.

Risk Management & Psychology

The mental game and money management — what separates profitable traders from the rest.

Trading in the Zone ★ Featured
Book
Trading in the Zone
Mark Douglas

Maximizing the trader’s state of mind is the key to successful results. Conflicts, contradictions and paradoxes in thinking can spell disaster for even a highly motivated, astute and well grounded trader. Mark Douglas, a trader, personal trading coach, and industry consultant since 1982, sends the message that "thinking strategy" will profoundly influence a trader’s success rate. Douglas addresses five very specific issues to give traders the insight and understanding about themselves that will make them consistent winners in the market.Trading In The Zone offers specific solutions to the “people factor” of commodity price movement. It uncovers the true culprit for lack of consistency when it comes to stock picking: lack of focus and self-confidence. Through simple exercises, traders will learn how to think in terms of probabilities, and adopt the specific beliefs necessary to developing a winner’s mindset. Along the way, they’ll gain valuable insights into their own entrenched misconc

Almost 10,000 ratings on Goodreads with a 4.3 average. If you know what to do but keep making the same mistakes, this book explains why. It rewires how you think about probability and risk. The most recommended trading psychology book for good reason.

The Disciplined Trader
Book
The Disciplined Trader
Mark Douglas

Douglas's first book and more personal than Trading in the Zone. He walks through his own psychological struggles as a trader. Read this one first chronologically, or as a companion.

The New Trading for a Living ★ Featured
Book
The New Trading for a Living
Alexander Elder

Elder covers the three things that actually matter: your mindset, your method, and your money management. The updated edition adds modern examples. A complete system in one book.

Trade Your Way to Financial Freedom
Book
Trade Your Way to Financial Freedom
Van Tharp

Van Tharp's R-multiple framework changed how traders think about position sizing. This book is the reason RiskPicks exists. If you want to understand why how much you risk matters more than your entry, start here.

Reminiscences of a Stock Operator
Book
Reminiscences of a Stock Operator
Edwin Lefèvre

Based on interviews with trader Jesse Livermore, called Larry Livingston in the book.

Written in 1923 about legendary trader Jesse Livermore. Over 25 million copies sold. Every lesson about patience, overtrading, and market psychology in this book still applies today. A must-read for any trader.

Investing Classics

Timeless books every trader and investor should read at least once.

YouTube Channels

Popular trading channels for market analysis, education, and live trading sessions.

Ross Cameron - Warrior Trading
YouTube Channel
Ross Cameron - Warrior Trading
Ross Cameron - Warrior Trading

Over 1.2 million subscribers and one of the most-watched day trading channels on YouTube. Ross posts daily recaps showing his actual trades, wins and losses. The transparency is rare in this space.

Humbled Trader
YouTube Channel
Humbled Trader
Shay

1.4 million subscribers. Shay is one of the most honest trading creators out there. She shows the ugly side of trading that most channels hide. Her risk management content is especially good for newer traders.

Rayner Teo
YouTube Channel
Rayner Teo
Rayner Teo

Over 2 million subscribers. Rayner teaches with forex examples but his price action and swing trading concepts apply to any chart. His videos on support/resistance and trend following are some of the best free content available.

Emmanuel Malyarovich
YouTube Channel
Emmanuel Malyarovich
Emmanuel Malyarovich

Emmanuel Malyarovich is a 25-year-old Florida-based day trader taught by his father. His YouTube channel covers trading strategies, personal recaps, and student success stories. He runs a paid community called EmmanuelTrades with daily signals and 200+ hours of courses. The channel leans heavily into the "trading guru" lifestyle angle, so view it critically.

SMB Capital ★ Featured
YouTube Channel
SMB Capital
Mike Bellafiore & Seth Freudberg

Run by Mike Bellafiore and Seth Freudberg from SMB Capital, a real NYC prop trading firm. You get the perspective of professional traders developing their edge. Great if you liked One Good Trade.

ClayTrader
YouTube Channel
ClayTrader
Clay

Over 640K subscribers and 7,000+ videos covering just about every trading topic. Clay is an Investopedia contributor and keeps things grounded. Good for technical analysis basics without the hype.

Live Traders
YouTube Channel
Live Traders
Jared Wesley

Jared Wesley does not sugarcoat anything. His price action approach is simple and repeatable. If you want someone who tells you what you need to hear instead of what you want to hear, this is your channel.

TradingLab
YouTube Channel
TradingLab
TradingLab

High-quality edited breakdowns of trading strategies with real proof and backtests. Each video walks through a strategy step by step so you can actually replicate it. Growing fast with 3.5M+ monthly views.

Trading Rush
YouTube Channel
Trading Rush
Trading Rush

This channel backtests popular trading strategies and indicators with real data. Instead of opinions, you get actual win rates and stats. Over 300K subscribers who appreciate the data-driven approach.

ZipTrader
YouTube Channel
ZipTrader
Charlie

Charlie brings energy and makes market analysis fun to watch. Popular with newer traders for breaking down momentum plays and trending stocks. Take the hype with a grain of salt, but the educational content is solid.

Investors Underground
YouTube Channel
Investors Underground
Nathan Michaud

Founded by Nate Michaud, one of the OG small-cap traders. IU has been around since 2008 and is known for Level 2 analysis, VWAP strategies, and short selling education. More focused on penny stocks and small caps.

Raghee Horner
YouTube Channel
Raghee Horner
Raghee Horner

Raghee trades futures and forex but her charting techniques translate directly to stocks. The 34EMA Wave system and top-down sector analysis have a loyal following. Worth watching for the process and discipline alone.

Trading Platforms

Brokerages and charting platforms for executing and analyzing trades.

ThinkorSwim (Schwab) ★ Featured
Trading Platform
ThinkorSwim (Schwab)

Take advantage of the award-winning thinkorswim® platform suite and all its cutting-edge tools, now exclusively at Schwab.

The platform most active traders end up on. Powerful charting, ThinkScript customization, paper trading, and options analytics all built in. Free with a Schwab account.

TradingView ★ Featured
Trading Platform
TradingView

Where the world charts, chats, and trades markets. We're a supercharged super-charting platform and social network for traders and investors. Free to sign up.

Best charting on the web with 50+ million users. The community scripts and indicators are a huge bonus. Free tier is generous and it connects to several brokers.

Webull
Trading Platform
Webull

Start investing with Webull's intuitive platform for stocks, options, and ETFs. Join now for free trading tools and community insights.

Commission-free with surprisingly good charting for a mobile-first broker. Extended hours trading and free Level 2 data make it popular with newer active traders.

Interactive Brokers
Trading Platform
Interactive Brokers

Leading online trading solutions for traders, investors and advisors, with direct global access to stocks, options, futures, currencies, bonds and funds. Transparent, low commissions and financing rates and support for best execution.

The lowest margin rates in the industry and access to markets worldwide. The Trader Workstation platform has a learning curve, but serious traders love it.

TradeStation
Trading Platform
TradeStation

TradeStation offers a full suite of advanced trading technology, online brokerage services, & education. Trade Stocks, ETFs, Options Or Futures online.

Built for traders who want to automate. EasyLanguage lets you code and backtest strategies without being a programmer. Good for systematic trading.

Robinhood
Trading Platform
Robinhood

Trade stocks on Robinhood with commission-free investing & advanced trading tools. Access fractional shares, real-time market data, and more. Terms and fees may apply.

The simplest way to start trading. Clean interface and easy to use, but you'll outgrow the charting and tools quickly if you get serious about day trading.

Fidelity Active Trader Pro
Trading Platform
Fidelity Active Trader Pro

Trade confidently from your Fidelity brokerage account with consistent real-time data, custom alerts, and efficient active-trading tools in our most powerful trading platforms yet. Try Fidelity Trader+ on desktop, mobile, or web.

Free for Fidelity customers. Solid charting, real-time streaming quotes, and a good options chain. Doesn't get as much attention as it deserves.

moomoo
Trading Platform
moomoo

Moomoo is an online stock and options trading platform without commission fees.

Includes free Level 2 data and powerful charting that punches above its weight. Growing fast among active traders who want pro tools without the pro price tag.

Lightspeed
Trading Platform
Lightspeed

Lightspeed Financial provides low-cost stock and options on a fast-trading platform for active traders, professional traders, trading groups, and more.

Built for speed. Per-share pricing and low-latency execution make it the choice for high-volume day traders. Used by many prop firm traders.

DAS Trader
Trading Platform
DAS Trader

The platform you'll see on most prop trading desks. Hotkey execution is lightning fast. If you're making dozens of trades a day, this is built for you.

News & Data

Market news, screeners, and data sources for finding trade ideas.

Finviz ★ Featured
Website / Tool
Finviz

Stock screener for investors and traders, financial visualizations.

The free stock screener everyone uses. The heat map gives you a market snapshot in seconds. Also has insider trading data, technical charts, and news all on one page.

Benzinga
Website / Tool
Benzinga

Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals.

Fast market news with a focus on what's moving right now. Benzinga Pro adds the audio squawk that a lot of day traders rely on for breaking news.

MarketWatch
Website / Tool
MarketWatch

MarketWatch provides the latest stock market, financial and business news. Get stock market quotes, personal finance advice, company news and more.

Reliable market news from Dow Jones. Not the fastest, but consistently accurate. Good for catching up on what moved the market after hours.

Seeking Alpha
Website / Tool
Seeking Alpha

Crowd-sourced stock analysis with deep earnings coverage. The free tier gets you earnings call transcripts, which are gold for swing traders doing homework.

Yahoo Finance
Website / Tool
Yahoo Finance

At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.

The default free data source for most traders. Quotes, financials, analyst estimates, and news all in one place. Not fancy, but it works.

StockTwits
Community
StockTwits

Stocktwits provides real-time stock, crypto & international market data to keep you up-to-date. Find top news headlines, discover your next trade idea, share & gain insights from traders and investors from around the world, build a watchlist, buy US stocks, & create and manage your portfolio.

Real-time social sentiment for any ticker. Useful for seeing what retail traders are watching, but don't follow the crowd blindly.

Economic Calendars

Track economic events that move markets — FOMC, CPI, jobs reports, and more.

Scanners & Screeners

Tools to find stocks matching your criteria — gap scanners, momentum screeners, and more.

Communities

Trading forums, subreddits, and social platforms where traders share ideas.

Podcasts

Trading podcasts for your commute — interviews, market analysis, and education.

Tax & Accounting

Tools for tracking wash sales, generating Schedule D, and managing trader taxes.

Options Tools

Options flow, unusual activity, and strategy builders for options traders.