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May 5, 2021 20 tweets 13 min read Read on X
📚TraderLion’s Recommending Reading List 📚 (Thread)

⬇️
1. How To Make Money in Stocks - William O’Neil

William J. O'Neil is the founder @IBDinvestors. His #CANSLIM methodology and studies have influenced us at TraderLion & many authors including those in this thread.

amzn.to/3tfMp9u
2. Reminiscences of a Stock Operator - Livermore

Reminiscences is the biography of Jesse Livermore, one of the greatest speculators who ever lived. More than 80 years later, it is still one of the most highly recommended investment books ever written.

amzn.to/2Rtkt4R
3. Jesse Livermore’s Methods of Trading in Stocks

Livermore started trading in securities when he was fourteen years old. This book is derived from a series of interviews between Richard Wyckoff and Jesse Livermore from the 1920s.

amzn.to/33fnsAo
4. How to Trade in Stocks - Livermore

This book sheds even more light on Livermore's philosophy & methodology with a ton of insights into his trading formula.

amzn.to/33iFge0
5. Trading in the Zone - Mark Douglas

Douglas uncovers the underlying reasons for lack of consistency and helps traders overcome the mental habits that cost them money. This is a MUST-READ for all traders/investors.

amzn.to/3tnn8KD
6. The Disciplined Trader - Mark Douglas

The Disciplined Trader focuses on how traders can take control of their trading behavior by developing a systematic, step-by-step approach to winning week after week, month after month.

amzn.to/3umdadR
7. How I Trade and Invest in Stocks - Richard Wyckoff

Wyckoff leverages over 33 years of experience in the markets in this book. His primary reason for writing this was to help new investors who find the markets too complex.

amzn.to/3hb0iTM
8. Secrets for Profiting in Bull and Bear Markets - Stan Weinstein

All traders/investors should read this book as it offers the skeleton of which phases stocks go through again and again over many years. Timeless principles.

amzn.to/2QTXcc8
9. The LifeCycle Trade: How to Win at Trading IPOs - @EBoboch @KGD_Investor & team.

This book presents the conclusions of an extensive study of Super Growth stocks and IPOs. Another must-read.

amzn.to/3b5DGQR
10. Monster Stocks: How They Set Up, Run Up, Top and Make You Money - @monsterstocks1

Monster Stocks gives you the tools you need to land super-performing stocks and handle them for maximum profit, market cycle after market cycle.

amzn.to/3vANj1U
11. Lessons from the Greatest Stock Traders of All Time - @monsterstocks1

This book follows Livermore, Bernard Baruch, Gerald Loeb, Darvas, and WON and emphasizes their processes and common characteristics even as they traded in different time periods.

amzn.to/3ulniDq
12. Market Wizards: Interviews with Top Traders - @jackschwager

Schwager interviewed dozens of top traders and while the details differed, they can all be boiled down to the same formula: solid methodology + proper mental attitude = trading success.

amzn.to/3b2bVZm
13. Unknown Market Wizards: The Best Traders You’ve Never Heard of - @jackschwager

This book continues on the popular Market Wizards series, interviewing exceptionally successful traders to learn how they achieved their performance results.

amzn.to/3h8lc67
14. Trade Like a Stock Market Wizard - @markminervini

Minervini unveils his trademarked stock market method SEPA, which combines careful risk management, self-analysis, and perseverance. He explains his process for achieving triple-digit returns.

amzn.to/2PTF3ec
15. Think & Trade Like a Champion - @markminervini

A sequel to Trader Like a Stock Market Wizard. This is another gem by Mark which expands upon his first book.

amzn.to/2QW1hN5
16. Technical Analysis Using Multiple Timeframes - @alphatrends

This book is an excellent introduction to technical analysis and reading price action. It goes through how to read trends, market structure, and the psychology of price movement.

amzn.to/3vWAG1t
17. The Hour Between Dog and Wolf - John Coates

This book covers a series of experiments that identifies a feedback loop between testosterone & success that is responsible for how we feel after a winning or losing streak. Very fun read.

amzn.to/2Sw1jvB
18. 24 Essential Lessons for Investment Success - William O’Neil

We had to end with another book from WON! This one breaks down his 40 years of experience studying the markets into a handful of easy-to-digest lessons.

amzn.to/3b4V2gC
19. How I Made $2,000,000 in the Stock Market - Darvas

Let's not forget Darvas! In this book, he documents his techniques including his unique Box system. This is a classic even to this day and we highly recommend reading it.

amzn.to/3thoZRb

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More from @TraderLion_

Apr 13
Most traders dream of a 409% return year.

Leos Mikulka did it at the US Investing Championship.

Here’s how he trades with precision, disciplines emotion, and captures big themes: Image
Free rolling = freedom

✔️ Lock in gains
✔️ Move stops higher
✔️ Take partial profits

→ If stopped out, worst case is break even

Stress-free trading starts with risk-managed freedom.
Hit 2R? Time to pay yourself

✔️ Scale out at 2x risk
✔️ Trim earlier if trade is extended or entry was aggressive
✔️ Respect overhead supply zones

→ Selling into strength helps lock in profits and reduce exposure.
Read 8 tweets
Apr 6
Stan Weinstein just issued a warning: leadership is narrowing, and danger signs are flashing.

• He called the 1973 crash early
• Nailed the 2022 top
• Warned on Nvidia before it broke down

For 50+ years, Stan’s edge hasn’t been news; it’s been price stages, breadth, and repeatable patterns.Image
The Market Never Changes

In 1973, 2022, and now — the signs were the same:
• Indexes hit new highs

• Breadth quietly deteriorated

• Only a few names led

These “narrow rallies” are classic topping behavior. The advance/decline line gives the warning before prices do.
Oversold ≠ Buy

Oversold is potential, not confirmation.

Stan compares it to gas in a room; until someone lights a match, nothing happens.

Wait for reversal action: a sharp up move that confirms the shift. Otherwise, you're just guessing.
Read 8 tweets
Apr 2
Identifying support near market lows is key to getting positioned for the next uptrend.

∙ Momentum shifting
∙ Clear lows to play against
∙ Tight action allows for better entries

Let's take a look at the market's current action, and some positive signs we're seeing:
Positive Sign #1: 3 Gap Downs In A Row

While some may think this is negative... "Why would it be positive for the market to be gapping down 3 days in a row?"

...it's the close that matters!

Here's $SPY: Image
As William O'Neil famously said, in bull markets you want to see weak opens with strong closes, and in bear markets you'll see strong opens with weak closes.

Stacking multiple sessions of weak opens and strong closes is a good first step to the market finding some rhythm again.
Read 12 tweets
Mar 29
Most traders miss the best opportunities because they can't recognize a new bull market early.

Here’s how to identify major turning points using:

• Breadth signals
• Historical case studies
• Moving average trends

🧵 Let’s break it down:
Before you can spot market turns, build a solid foundation:

• Technical analysis (charts, trends, breadth)
• Fundamental analysis (earnings, revenue, leadership)
• Macro context (inflation, GDP, Fed policy)

All 3 pillars must align.
You're in a confirmed uptrend when:

• 10-day EMA > 21-day EMA
• 21-day EMA > 50-day MA
• Price holds above 30-week MA for 2+ weeks
• New highs outpace new lows

This is your confirmation window.
Read 12 tweets
Mar 26
The best thing you can do for your trading right now is go back and study winning setups.

Here's a step by step walkthrough on how you could have used the Episodic Pivot setup to catch an 80%, single day move $CRNC: Image
Before you can trade a setup like CRNC consistently, you need to have a process to find names that are gapping up on the open.

You can use @deepvue to run the "Premarket Movers" scan, and on that day CRNC was at the top of the list with 290% volume. Image
@Deepvue The next thing you need to do is check into why the stock is gapping in the first place — is it positive news about a drug release? Is it an analyst upgrade? In either scenario, is this a game-changing catalyst?

For CRNC, it was a partnership with $NVDA — yes, game-changer! Image
Read 9 tweets
Mar 24
Struggling to find consistency as a trader?

Christian Flanders went from poker player to 2nd place in the U.S. Investing Championship with a 433% return.
Here's how he overcame setbacks, controlled risk, and mastered the markets: 🧵 Image
🎯 Key Takeaways:
• The poker & trading mindset
• Progressive exposure: adjusting size dynamically
• Why episodic pivots outperform
• The #1 rule for reducing drawdowns
• How historical chart work gives you conviction Let’s break it all down:
🎯 Poker taught Christian the value of emotional control.

In poker, success = betting big when you have an edge.
In trading, it's the same, but you also fight uncertainty over days/weeks, not minutes.
Mastering your emotions is essential in both arenas.
Read 11 tweets

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