Come Into My Trading Room: A Complete Guide to Trading Book

Really good. Repeats some material from Trading For A Living but because the repetition is selective, it helps to emphasise what Elder really thinks is important. He also adds a lot of new material, less around technical analysis and more around money management. Elder's greatest contribution, I think, remains that he is able to eliminate the impression of traders as being money-hungry, quick trading, stock price obsessed speculators, and give a sense of method behind the market madness. Traders are, as he notes, opinionated but flexible, confident but cognizant of the limits of their knowledge, socially contrarian, skeptical and unemotional (as far as possible) when making decisions, and a bunch of other nice sounding virtues. Hmm -- flattery perhaps, but really it gives one a sense of the kind of person one must be to be a good trader, rather than just a set of techniques. My only complaint is that his books are really expensive, but its hard to use the library editions because you want to underline so much stuff.