Have you ever heard of Richard Donchian books? Even if you are a trader, you don’t know books written by this person. He didn’t create any book about his work, but he wrote many articles about the invention of his trend timing method. This person was the first one, who studied the sphere of futures management. R. Donchian started his career long time ago, in the 1930s. Yet, even now, traders all over the world used ideas that he developed like trend following and weekly system built on moving averages. The great number of books are based on his ideas. For this reason, they are called Richard Donchian books.
If you are interested in the ideas of R. Donchian, you should look through three the best Richard Donchian books.
The first one on the list is the book created by M. Covel with a name “Trend Following.” There are different editions of this book, so you can find something new in every fresh edition. The author explains the strategies of famous traders, including Donchian. This piece of writing isn’t for inexperienced traders because it contains many terms and other data that can be complicated to understand for the newbies. However, the advanced traders will find this book advantageous. If you want to get to know the secrets of how the profitable traders think and develop their strategies, then this book is what you need.
- Trend Following
- Book Size:
- 688 Pages
- Wiley; 5 edition (April 24, 2017)
- English US
R. L. Weissman wrote one more great book that is included on the list of the finest Richard Donchian books. If you are searching for various trading systems that include not only technical analysis but also psychological aspects of trading, then this piece of writing is a great choice. Everything that you should know about mechanical systems, their pluses, and minuses, you also can find in this book. Either beginning or advanced traders will find it useful.
The next piece of writing that is included on the list of the best Richard Donchian books is called “The Next Big Investment Boom.” The author of this trading work is M. Shipman. Today, the write is a very famous advisor in the questions of trading. In this book, you will find different highly-successful strategies used by him. Some of them are based on the ideas of R. Donchian. The second part of the book is based on information about commodity markets. Beginners and advanced traders will find this piece of writing very useful because it disclosed the secrets of the emotional challenges of trading, work of long-term investments, and developing a successful personal strategy.
- The Next Big Investment Boom
- Book Size:
- 179 Pages
- Kogan Page (May 28, 2006)
- English US
Among Richard Donchian books, these three books are the most popular. You can use one of them to develop your trading skills.