Top 10 Best Intraday Trading Books [2025]
Intraday trading refers to buying and selling securities within the market hours and not getting orders passed to the next day. It is also known as day trading, and all the trades are executed before the market closes. Such trades require a lot of analysis, knowledge, and expertise, and a novice trader may find it challenging. Since it is not a long-term investment, it is highly volatile and risky. Hence, there are some prominent books written on the subject, and here are a few of them listed below -
- A Beginner’s Guide To Day Trading Online ( Get this book )
- Mastering The Trade: Proven Techniques For Profiting From Intraday And Swing Trading Setups ( Get this book )
- High Probability Trading: Take The Steps To Become A Successful Trader ( Get this book )
- Start Day Trading Now: A Quick And Easy Introduction To Making Money While Managing Your Risk ( Get this book )
- Intraday Trading For Dummies ( Get this book )
- The Disciplined Trader: Developing Winning Attitudes ( Get this book )
- The Stock Trader: How I Make A Living Trading Stocks ( Get this book )
- Day Trading Grain Futures: A Practical Guide To Trading For A Living ( Get this book )
- Digital Intraday Trading: Moving From One Winning Stock Position To The Next ( Get this book )
- The Truth About Day Trading Stocks: A Cautionary Tale About Hard Challenges And What It Takes To Succeed ( Get this book )
Let us go through each book and contemplate the key lessons for traders –
#1 - A Beginner's Guide To Day Trading Online
By Toni Turner
The book was first published in 2007, and it gives traders essential knowledge of how a financial market works and how they can make profits.
Book Review
The book has, over time, received many accolades, and it is considered one of the best books as it is written in a step-by-step manner. The author gives insight into the decimalization of stock prices, precision entries and exits, new trading products, like E-minis and exchange-traded funds (ETFs), and the new generation of traders. Apart from the theory part, this book offers a lot of practical knowledge. As a result, it ranks among the top intraday trading books.
Key Takeaways
- The book is quite technical yet successfully teaches intraday trading basics.
- The author encourages people to try intraday trading and says it is highly profitable.
- Many analysts believe that every amateur and professional must have this book.
In addition to this, there are many other books discussing intraday trading listed below. Though these books can help you take fruitful trades, an advanced resource can enable you to explore other tricky aspects. If you want to explore the same, this FOREX Trading Fundamental course is for you.
#2 - Mastering The Trade
Proven Techniques For Profiting From Intraday And Swing Trading Setups
By John F. Carter
The book came out in 2005, and the author John Carter was a popular speaker at Trader's Expo and other industry events.
Book Review
This book became an instant classic just after its release. The author shares some time-proven swing trading techniques to help new investors and traders succeed in an environment vastly transformed by volatility and technology. The book comprises some easy execute methods and talks about managing risks, planning future trades, etc. By reading the book, traders can learn to move in and out of the market at the right time.
Key Takeaways
- The book gives out five important traits of becoming a professional trader.
- The author also discusses five psychological truths that will change how a trader thinks and makes mistakes.
- It can help traders understand the logic behind trades, how volatile the market is, and the risks that go hand in hand with intraday trading.
#3 - High Probability Trading
Take The Steps To Become A Successful Trader
By Marcel Link
The book was released in 2003 and gives a fresh perspective on intraday trading with step-by-step planning to get started.
Book Review
It is a straightforward attempt to tell people about the harsh realities of intraday trading. The book has many stories that can be understood as well-thought examples to learn from people's mistakes and get inspired by them. The author believes that traders go out of money in the first six months of their trading career and discusses proper solutions to overcome such problems.
Key Takeaways
- The book has some mind-blowing examples and real-life stories of trading that can help traders get the gist of intraday trading.
- The author describes the trading strategy in an informative way and addresses every aspect of successful day trading.
- It is undoubtedly one of the best intraday trading books for beginners.
Besides books like these, individuals can take the help of this Advanced Technical Analysis Course to learn about some popular indicators they can use to achieve their trading goals. The course develops practical knowledge and offers key insights via real-world examples shown on TradingView.
#4 - Start Day Trading Now
A Quick And Easy Introduction To Making Money While Managing Your Risk
By Michael Sincere
The book was published in 2011 and serves as a guide for people afraid of day trading due to the risks.
Book Review
It is an entry-level guide on day trading and postulates basic techniques to get started. The author believes that many people without proper knowledge have realized how dangerous intraday trading is. The author of this book questions this argument and drafts out very important strategies on how to master the skill of intraday trading.
Key Takeaways
- The book helps readers get out of the fear of starting intraday trading.
- The author explicitly talks about mastering the game of intraday trading.
- He explains the equipment required, day trading jargon, needed funds, etc.
What is Intraday Trading? Video Explanation
#5 - Intraday Trading For Dummies
By Ann C. Logue
The book was released in 2007 and gave out a definite day trading plan. It covers important topics, like fluctuating economy, tax laws, amendments, trade wars, risks, and opportunities for day traders.
Book Review
The book's author finds day trading exciting and believes it to be a sure-shot way to make money from home. However, she says that people need patience, nerves of steel, and this book before even getting started. The book covers traditional to modern-day trading strategies and encourages people to keep a calm mind while executing trades and managing risks.
Key Takeaways
- The book talks about the top 10 reasons for doing day trading.
- Though each aspect has its risks, with the right knowledge, the author believes that day trading can be done smoothly
- It is a plain guide for people new to the stock market and helps them introduce to every trading term and basics.
#6 - The Disciplined Trader
Developing Winning Attitudes
By Mark Douglas
The book was published in 1990 and hence carries a long-term knowledge of day trading history and comments from people. It has been named one of the top 10 intraday trading books.
Book Review
The book is considered a classic, in which the author accounts for the investment industry. Mark Douglas takes a different take on the mental posture of people, how it matters to perform trading, and psychological barriers in the whole process of it. The book helps people control their behavior and emotions while executing trades and respond correctly to the rise and fall of the market.
Key Takeaways
- The book talks about the psychological behavior of traders and how to control it.
- The author discusses the many issues and challenges of becoming a successful trader.
- He points out certain behaviors that need to be altered to become more sensible and control the mind.
#7 - The Stock Trader
How I Make A Living Trading Stocks
By Tony Oz
This book came out in 2000 and is a detailed step-by-step explanation of the author's personal trade executions and how he made money in the stock market through intraday trading.
Book Review
The book's author, Tony Oz, was inclined to a challenge to start trading and maintained a diary and recorded every trade he executed to prove that his stock trading strategies worked. What started as a challenge became a habit and daily practice, and the author was already at the peak of the NASDAQ market. This book explains his mindset and what he was thinking and simple methods and planning.
Key Takeaways
- The book accounts for the author's personal experience as a trader.
- The author shares some insightful information that can help new traders set some rules for themselves while trading.
- He never believed in compounding and said that "Friday is payday."
- It is always counted among the best intraday trading books for beginners.
#8 - Day Trading Grain Futures
A Practical Guide To Trading For A Living
By David Bennett
The book came out in 2009 and is considered one of the best practical books on intraday trading and training new traders with all aspects of the stock market.
Book Review
The author gave five prominent reasons for day trade: instant gratification, reduced risk, steady profits, less stress, and crisis. The initial chapter talks about why people like grain contracts. Likewise, each chapter in the book explains different stock market concepts and day trading elements, like stop-loss, risk management, and volatility.
Key Takeaways
- The book covers every tiny detail about day trading.
- The author gives five major reasons to involve in day trading.
- It has a chapter on everything, from candlesticks to charts and price movements to trade and risk management.
#9 - Digital Intraday Trading
Moving From One Winning Stock Position To The Next
By Howard Abell
The book came out in 1999 and dealt with day trading operations and processes. It is influential, insightful, and ranks high among the top intraday trading books.
Book Review
The book precisely portrays the setup for professional operations for day trading stocks. First, the author shows how to register profit and take advantage of short-term price movement. He explains the market discipline that needs to be followed. Finally, the author teaches money management skills and suggests having a patient mindset while planning and executing trades.
Key Takeaways
- The book holds many examples of why every trader must be disciplined while trading securities.
- The author teaches money management skills and profit registering.
- He offers a perspective on having a positive approach to earning profits.
#10 - The Truth About Day Trading Stocks
A Cautionary Tale About Hard Challenges And What It Takes To Succeed
By Josh DiPietro
The book was first published in 2009 and is a sensible guide toward stock market trading and answers all the questions a new trader has initially.
Book Review
The author clearly states in the book that intraday trading is not a money-making scheme. Instead, he makes people think of their finances and money carefully before taking the plunge into day trading and stock market practices. He believes that a trader first must have a few qualities like consistency, patience, a calm mindset, enough funds, risk appetite, and the ability to manage funds before becoming a day trader. One of the key reasons this book lands itself in the list of top 10 intraday trading books.
Key Takeaways
- The book deals with the subject of managing heavy financial losses.
- The author admonishes that no one should contemplate day trading without considering how he can lose.
- With the help of this book, DiPietro gives a brutally honest picture of intraday trading.
