Best Volume Trading Books For Beginners

Updated June 16, 2024

Volume trading is an integral aspect of the financial markets that holds immense potential for traders aiming to capitalize on market movements. Unlike traditional trading strategies that primarily focus on price action, volume trading emphasizes the significance of trade volume and its correlation with market trends.

To navigate this complex yet rewarding avenue, one must equip themselves with the right knowledge and insights.

This article delves into some of the best volume trading books available, ideal for both novice and experienced traders seeking to enhance their understanding and proficiency in this domain.

#1

A Complete Guide To Volume Price Analysis

"A Complete Guide To Volume Price Analysis" by Anna Coulling is a comprehensive examination of how volume and price action intersect to provide a detailed understanding of market movements.

#2

Investing with Volume Analysis

"Investing with Volume Analysis" by Buff Pelz Dormeier presents a powerful approach to predicting stock price movements through the study of market volume.

#3

The Trader’s Book of Volume

"The Trader’s Book of Volume" by Mark Leibovit offers traders a detailed guide on how to use volume analysis to maximize trading profits and enhance decision-making.

#4

Mastering the Trade

"Mastering the Trade" by John F. Carter offers insights and strategies from an accomplished trader to navigate and succeed in various trading scenarios in the financial markets.

#5

Trades About to Happen

"Trades About to Happen" by David H. Weis provides a modern adaptation of the Wyckoff method focused on trading through understanding market behavior and volume.

#6

Value in Time: Better Trading through Effective Volume

"Value in Time: Better Trading through Effective Volume" by Pascal Willain focuses on using volume analysis to identify profitable trading opportunities and timing market entries and exits.

#7

Trading Price Action Trends

"Trading Price Action Trends" by Al Brooks provides in-depth strategies and methodologies for understanding and utilizing price action trends in trading.

#8

The Secret Science of Price and Volume

"The Secret Science of Price and Volume" by Timothy Ord offers advanced insights and techniques for profiting in the stock market through the combined analysis of price patterns and trading volumes.

Top 8 Best Books On Volume Trading and Analysis in 2024

In brief, the following are the books that made it to our list:

1. A Complete Guide To Volume Price Analysis


"A Complete Guide to Volume Price Analysis" by Anna Coulling is a crucial resource for traders and investors seeking to understand the relationship between volume and price in financial markets. The author demystifies the principles of volume price analysis (VPA), presenting it in an accessible and comprehensive manner.

Coulling meticulously explains how to interpret price and volume patterns to make informed trading decisions and predict market movements. The book is enriched with detailed charts and real-world examples, making complex concepts easier to grasp. It covers essential topics such as trend identification, reversal signals, and market manipulation.

This guide caters to both novices and experienced traders, providing a robust foundation for developing effective trading strategies. By the end of the book, readers are equipped with practical tools and insights to enhance their trading performance.

2. Investing with Volume Analysis


"Investing with Volume Analysis" by Buff Dormeier is a vital read for traders and investors wanting to leverage the power of volume data in their market decisions. Dormeier delves into the nuances of volume analysis, illustrating how it can be a leading indicator of market trends. He introduces readers to the intricacies of volume metrics and their relevance to price movements.

Through detailed examples and case studies, the book demystifies the concept of volume-price relationships, giving readers a strategic edge. Covering key topics like the Volume Price Confirmation Indicator (VPCI), accumulation, and distribution phases, Dormeier provides a comprehensive toolkit for enhancing trading performance.

The book is designed to be accessible yet detailed, making it suitable for both beginners and seasoned traders. By the end, readers will have a deeper understanding of market dynamics and practical strategies to optimize their investment outcomes.

3. The Trader’s Book of Volume


"The Trader’s Book of Volume" by Mark Leibovit is an essential resource for traders and investors aiming to gain a deeper understanding of volume analysis in financial markets. Leibovit, a pioneer in the field, meticulously explains how volume can be a powerful indicator of market direction, often preceding price movements.

The book delves into various volume-based trading strategies, offering insights into volume patterns, volatility, and the psychology behind trading. It includes practical examples and charts to illustrate key concepts, making even complex ideas accessible to both novice and experienced traders.

Covering topics such as the Volume Reversal technique and volume’s role in confirming trends, this comprehensive guide equips readers with the knowledge to make more informed and profitable trading decisions. By the end of the book, readers are empowered with practical tools and techniques to enhance their trading strategies.

4. Mastering the Trade


"Mastering the Trade" by John F. Carter is a comprehensive guide designed for traders seeking to improve their performance in various financial markets. Carter, a seasoned trader, shares his extensive experience and insights into day trading and swing trading, providing readers with practical tools and strategies.

The book covers a wide range of topics, including risk management, trading psychology, technical analysis, and market indicators. Carter emphasizes the importance of a disciplined approach and highlights key setups and patterns that offer high-probability opportunities. With detailed charts, trade examples, and clear explanations, the book appeals to both novice and seasoned traders.

Carter's engaging writing style and actionable advice make complex concepts accessible, enabling readers to develop effective trading strategies. By the end of "Mastering the Trade," traders are equipped with a solid foundation and advanced techniques to navigate the markets with confidence.

5. Trades About to Happen: A Modern Adaptation of the Wyckoff Method


"Trades About to Happen: A Modern Adaptation of the Wyckoff Method" by David H. Weis offers a contemporary take on a time-tested trading technique. Weis adapts Richard Wyckoff's classic principles, focusing on price and volume analysis to forecast future market movements.

The book provides an in-depth exploration of the Wyckoff Method's core concepts such as accumulation, distribution, and price-volume relationships, making it an invaluable resource for traders looking to gain a competitive edge.

Weis integrates modern charting tools and real-world trading scenarios, illustrating how these principles can be applied effectively in today's markets. His clear explanations are complemented by numerous charts and examples, making complex ideas accessible.

Whether you are a novice or an experienced trader, "Trades About to Happen" equips you with actionable strategies to anticipate market trends and execute trades with confidence. This book is a must-read for anyone serious about mastering the art of trading.

6. Value in Time: Better Trading through Effective Volume


"Value in Time: Better Trading through Effective Volume" by Pascal Willain is an insightful guide for traders aiming to enhance their market strategies through the innovative concept of Effective Volume.

Willain introduces a transformative approach that focuses on the pivotal role of volume in trading decisions, showing how it can reveal the underlying forces driving market movements. The book dissects traditional volume analysis and upgrades it with practical tools to help traders identify high-probability opportunities and improve timing.

Packed with detailed charts, clear explanations, and real-world examples, "Value in Time" is tailored for both novice and seasoned traders. Willain's method emphasizes the importance of distinguishing between effective and ineffective volume to make more accurate predictions about price movements.

By the end of this book, readers will possess a deeper understanding of market dynamics and a robust strategy.

7. Trading Price Action Trends


"Trading Price Action Trends" by Al Brooks is an authoritative guide focused on understanding and capitalizing on market trends through price action. Brooks, a seasoned trader, meticulously breaks down the complexities of price movements to help traders identify and exploit trends effectively.

The book delves into key concepts such as trend lines, channels, breakouts, pullbacks, and reversals, providing a thorough analysis of how these elements contribute to trend development.

Utilizing a wealth of annotated charts, Brooks provides real-world examples that illuminate the principles discussed, making it easier for readers to grasp and apply the techniques. He emphasizes the importance of reading the market’s narrative through price action alone, without relying on indicators.

Suitable for both beginners and experienced traders, "Trading Price Action Trends" equips readers with the knowledge and skills to make informed trading decisions, ultimately aiming for consistent profitability. This comprehensive guide is an indispensable resource for anyone serious about mastering price action trading.

8. The Secret Science of Price and Volume


"The Secret Science of Price and Volume" by Timothy Ord demystifies the nuanced techniques of technical analysis for investors keen on maximizing their trading success. The book delves into the intricate relationship between price movements and trading volume, offering readers a structured approach to interpret these critical market indicators.

Ord, an experienced trader and market analyst, shares his proprietary methods, including advanced charting techniques and volume analysis strategies. He demonstrates how to identify key buy and sell signals, providing insights into market psychology and the behavior of institutional investors. The book is rich with real-world examples and illustrative charts, enhancing understanding and application in practical trading scenarios.

Ideal for both novice and seasoned traders, "The Secret Science of Price and Volume" equips readers with the tools to make informed trading decisions and improve their market timing, ultimately aiming to boost investment performance.

Conclusion

In conclusion, mastering volume trading can open up new avenues for making informed and effective market decisions. The carefully curated selection of books highlighted in this article offers invaluable insights from seasoned professionals and thought leaders in the field.

These resources cover a wide range of volume trading techniques, from foundational principles to advanced strategies, making them indispensable for traders at any level. 

By integrating the knowledge gained from these books, you can better understand market dynamics, refine your trading strategies, and ultimately enhance your trading performance. Equip yourself with the best volume trading literature and take a definitive step towards achieving your financial goals.

Jerry Garnes

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About the Author

Jerry Garnes is a seasoned writer in personal finance. His informative and insightful pieces have been featured by esteemed platforms like Bankrate, The Street, and Business Insider. In addition to his financial expertise, Jerry is a passionate poet and musician with a deep love for nature.

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