Price Action Trading: A Simple Stock Market Trading Book for Beginners Applicable to Intraday Trading, Swing Trading, & Positional Trading

by Indrazith Shantharaj

' Price Action Trading ' is a trading technique in which a trader reads the market and makes subjective trading decisions based on the price movements, rather than relying on technical indicators or other factors.

In simple words, traders use only ' Price ' and ' Volume ' to make any trading decisions.

Genres: Finance

135 pages, Kindle Edition

Published February 12, 2021

About the author

Author of a few Best Sellers, "How to Make Money with Breakout Trading", "Mind Markets and Money," and "Trade and Grow Rich," Indrazith Shantharaj is an intraday trader who trades mostly in indices in Indian markets.

He uses the concepts of Market Profile intensively, with tailor-made systems for Indian market conditions.

Apart from trading, he spends his free time in travel and adventure. He also believes extensively on using the power of MIND and is a practicing spiritual sadhana.

Reviews

[Anjali Sharma · Rating 5 out of 5]

'Price Action' means price fluctuations of a stock or index in the given market.
'Price Action Trading' is a trading concept in which a trader reads the chart, and makes subjective trading decisions based on the price movements, rather than relying on technical indicators or any other factors.

Price Action Trading is a complete guide for beginners to educate themselves in price action trading. This book is all about sharing in-depth information about price action trading, a unique approach to see the price-volume relationship, and also how to switch to full-time trading.

It uses charts and case studies for a proper understanding of basic concepts of price action trading like trend lines, patterns etc. There are many key takewaways and the book is very educational. The book shows how it is more beneficial to swith to price action trading rather than relying on indicators which overcomplicates trading.

It can guide you to switch to full time trading or how to do it with a proper 9 to 5 job. It is a very useful book for people who trade in stock market or who want to do so in near future.

[Sadaf sarkar · Rating 4 out of 5]

The book is very appropriate for some one who is decide on entering the trade market even for those who just to get some knowledge on it. The book discuss in details about price indicators and the method of price action trading. The book is very well written and all the concept are very well explained.

[Sangeeta Sharma · Rating 5 out of 5]

A year ago, I was trying to invest in the stock market, and I tried to Google as much information I could about investing in a stock market. The information was vast and I was left to be in a daze. This book is beginner-friendly. It talks from the initial stage to the final stage of trading in an understanding way. I learned a lot from this book, and I will make sure to try all the information out further. It was a short read, and well-versed wise words are provided to understand when to invest in a stock market. These techniques are very effective. There are people who do the trading for a living. The author has explained a lot of methods using graphs, diagrams, etc. The book is informative and I can't wait to start investing in the stock again. This book is recommended to everyone who wants to invest their money in a stock market and grow their money.

[Ruchi Patel · Rating 5 out of 5]

It’s a non fiction book and short read that can be read in few hours. It’s a book based on simple stock market trading. We can agrees that we all are fascinated to learn this subject after watching the web series based on life of Harshad Maheta. I was completely unaware of this subject so I had to pick up a simple book to start with and I am glad that I picked this up. Author has started the book with his experiences then the introduction of the subject. Then author has given simple practical examples and tried to explain that with simple life examples. My favourite chapter is “10 Candlestick Patterns to Step-up Your Trading”. Read the book to know everything in well detail. I liked the book as it’s good for beginners. Author has explained everything with proper examples and graphs. I wish author would have explained few technical terms in layman language because I had to look up for them. The language of the book is simple so that everyone can easily pick it up. I loved the quotes author mentioned here and there. I will end my review with my favourite quote from the book.

"I am not afraid of a person who knows 10000 Kicks. But I am afraid of a person who knows one kick but practices it for 10000 times!" – Bruce Lee.

[Akshay Patil · Rating 5 out of 5]

Price Action Trading best book to get knowledge of price action trading and helpful for those who are beginners and looking for trade in stock market. Author explained some real life experience in book and book covers topics like price action, price action trading and strategies, whereas candlestick patterns and how to use, included some case studies, active and passive income. The concepts are explained so lucidly and easy to understandable for beginners.

Book provided some snaps and charts so it will be easy to understand,best part I like the way explained candlestick it will really help me in my trades...
Must read...

[Parag Paigaonkar · Rating 5 out of 5]

Very informative

Some very helpful tips for trading strategies and developing a trading system and invaluable advice on trading plans and psychology for trading, money management.

[Rabin Rai · Rating 4 out of 5]

4 stars for its simplicity and straightforward content.

Learnt some things as well.

Short book that I finished in 1.5 days.

Not bad, especially the topic on advanced volume analysis which like everything else was briefly touched on. Definitely shines light on the knowledge gaps the trader has to read up further on to gain a deeper understanding on better forecasting.

Will check out his other trading books as well.

[Sky · Rating 5 out of 5]

Scam 1991 made everyone interested in the Stock Market and trading. As we all know its a not joke, we need to have a developed vocabulary of the stock market. different Analytical skills.
this book helped me to get the basics of Stockmarket and introduced me to terms that I have no idea about.
The snaps and charts it has will help surely to understand the whole thing profoundly, the most amazing aspect I like the way things are clarified.
This book is a must-read for any stock market enthusiast.

[Aditya · Rating 4 out of 5]

Author has given a good insight of general mindset and overview of a trader with technical details on Price Action trading. In terms of depth, it covers enough basics to give a good understanding about the system. Few good techniques on what to be done / what NOT to be done. All in all, a good book to get understanding on this concept.

Author has honestly laid out his opinions. The only thing which I personally didn't like is that the content is broken down in many parts which breaks the continuity.

[Vidya Bhayani · Rating 4 out of 5]

Price Action Trading: A Simple Stock Market Trading Book for Beginners – Applicable to Intraday Trading, Swing Trading, & Positional Trading
by Indrazith Shantharaj

I have come across many people who say that they earn a good amount of money from Stock Market.
I wonder is it so easy or it requires a special set of skills. This lockdown people have suffered a lot due to their jobs, salary cut etc. So it happened to me that I came across this book and I felt like let's give it a read that I would at least understand something.
So coming to my review basically Price action trading means Price fluctuations in the Stock Market. The book has explained each and every details on how and when to invest for profits, ahat is Intra Day, Swing trading, Positional trading.
Book is a complete guide to people like me who are a beginner and doesn't even have an idea about stock market.
There are flow charts and Case studies. This book is worth for everyone who are interested in Stock Market.

Ratings: 4/5

[Naman Kumar · Rating 5 out of 5]

Book -- Price Action Trading: A Simple Stock Market Trading Book for Beginners

Author -- Indrazith Shantharaj

This is a beginners guide to know and understand about trading.
This book helped me to get the basics of Stockmarket .....I hope this book is a helpful book for everyone.
author wrote it on his personal experience.....I love the idea of the book.
Most people enter trading to earn money but without basic fundamentals, this book help to know the funda of earn more and more money.

When you read the title, you will feel existement, it may seem like a book which will deal only with career and business.......but it's more than better....I really enjoyed this book.

To know more about the book..go amd grab a copy now.

The language of the book is very simple and easy to understand.

The cover is too attractive and eye-catching.

The narration style of the author is really appreciable.

The book helps many people....so this is not a book it's a secret and motivating speed which apply, you earn more and more money.

I would definitely recommend to everyone.

[Aarav Gangwal · Rating 5 out of 5]

Price Action Trading: A Simple Stock Market Trading Book for Beginners – Applicable to Intraday Trading, Swing Trading, & Positional Trading is an amazing book written by Indrazith Shantharaj.
Basically, it is a simple non fiction book which is based on stock market trading. After watching famous Harshad Mehta series, my interest in stock market increased a lot and this book was really very helpful. The author has beginner this book with his experiences then the introduction of the subject. The book is divided into several chapters which makes it reader friendly. I am very happy that I read this book. The book covers multiple topics like price action trading, various plans and strategies. The author has explained all the important topics with amazing examples. There are flow charts and Case studies. 
Overall, its an amazing guide to learn the basics of the stock market. I gained so much of knowledge from it. I would recommend this book to all the people who have interest in stock market and are beginners. I am pretty sure that you will gain a lot of knowledge from it!

[Elavarasan · Rating 2 out of 5]

very little about price action.

out of 10 chapters, only 3 chapters are about actual price action. Within that also, he said almost 1.5 chapter are advanced topics and told to skip if you are a beginner or intermediate level trader.

I read that too and it's confusing (especially price acception and rejection) and contradicting what he said in the previous concepts for beginners about volume and told to join course if you want to know more about it 😒. But that link also not working (it shows "Looks like this domain isn't connected to a website yet" 🤷)

Markings in charts are good but chart pics are poor since we can't see the wicks properly which he gave more emphasis on.

It has very few points only about price action but more good points about other things like money management, savings, trading results, trading capital, right trading instrument,.

So, If you expect pure price action, some might disappoint since he talks about passive income, zero debts and all.

And of course there are many course selling dead links (3-4) and his other books promotions.

[Shreya Ghosh · Rating 4 out of 5]

This book shares in-depth information about price action trading unique way to see the price-volume relationship and also how to switch to full-time trading. If you are looking to learn trading from the basic level you should definitely go for this book. It is well illustrated with a lot of graphs and elaborate studying of that graph helps you to understand the trading market. The author talks about the involvement of human psychology in trading, he says, what is happened in the past will happen again this is because markets are driven by humans and human nature never changes. What I love in this book is his emphasis on the fact you have lost money because your fail to display persistent effort in one trading concept, a basic understanding of 10 different trading concepts will not fetch the money in trading but a deep understanding of one trading system along with proper risk management can give you success.

[Royz Bagula · Rating 5 out of 5]

# Book: Price Action Trading
# By Indrazith Shantharaj

🌿🔆 Beginners guide for trading. It encompasses the tricks, tips and strategies to follow while trading.

🌿🔆 The important points to consider and points to ignore helps to boost the knowledge and gain confidence while trading.

🌿🔆 It entails a variety of trading. It includes on the same day trading, what exactly it means and how to apply strategy to win and earn more money in trading.

🌿🔆 It also says about positional and swing trading including their approach and trading practices.

🌿🔆 Most people enter trading to earn money but without basic fundamentals, they invest their money in trading and lose their money due to a lack of experience, knowledge and strategies.

🌿🔆 This book is definitely a boon for those aspirants who like to do trading and earn more money.

🌿🔆 This book lays the foundation for beginners in trading & A quick reference indeed.

[Akhila Saroha · Rating 5 out of 5]

As the title suggests, “Price Action Trading” by Indrazith Shantharaj is a step-by-step guide for understanding the mechanics and factors that operate the stock market. The book would be of great benefit to those who do not have much idea about how the stock market works and how to get the benefits from it.
The fact that the book comes from the hands of Shantharaj, who has already been in the field for a long time, makes “Price Action Trading” a treasure worth keeping due to being a record from the first-hand experience. This book does not have any limited recommendations, and every person should read it as earning in a smart way is something all want. With a simple language and usage of illustrations, the author clears many terms and concepts for the readers, which makes them feel a step ahead in terms of knowledge by the time they finish the book.

[Yazhini · Rating 4 out of 5]

Price Action Trading is crafted by Indrazith Shantharaj. It a non fiction. It was short read, Short reads are quick and interesting. It is one of them. Beginner can also opt this beautiful book which is based on the stock market trading.

Price Action Trading is a guide which speaks about the complete price action trading. It's most helpful for beginners to educate themselves. And it also speaks about the various plans and strategies.

There are so many important points are there, we must know about this when investing money in the market. I would say the author was successful enough to grab the attention till the end. Author explained everything in the excellent way.

Narration is really good and valuable. Cover of the book is simple and title of the book is exactly apt. I would like to recommend this book to who is looking to start trading. Happy reading...

[Aliva · Rating 4 out of 5]

This book us a stock market trading book for beginners which was indeed very insightful.
It mainly focus on the price action trading indicator and not the technical indicators.
The price action indicates the fluctuations that is seen in the stock of a market, through the price action trading the traders read the chart and do the analysis.
The author states that price, time, volume are essential component of trading.
The strategies are also explained in details.
The author mentions technical analysis , money management, psychology, execution as the 4 pillars of successful trading.
The best chapter for me , "How to make money in trading without quitting your 9-5 job".
The case studies are explained very well and the whole book is full of graphs and charts making it easier for the readers to understand.

[Kshitij Ojha · Rating 4 out of 5]

Stock market trading is something which we all have heard of and we all at some point have thought of trying it ourselves. But the problem which we always come across is that there aren't enough resources to guide us through the process, tell us the pros and cons of the whole process.

When I wanted to to try it out, I didn't have enough knowledge on this topic, whatever little knowledge I had it was through my friends who surely are no experts, hence when I found about this book, I really thought to give it a try atleast.

I can't say how much it helped in terms of investment etc but what I can surely say is that this book definitely is a good start for the beginners, so don't think twice and get your hands on to this one.

It will surely help you learn more about the jargons that you might have heard about stock market trading.

[dix (1001 year old high strung anamoly) · Rating 5 out of 5]

This book revolves around price action , stock trading , passive income and other various business tools.
From basics to advance , it tells the meaning of price action and what it is and how it works . Author gives good advice and have made understanding price action easier .
This book was informative and well written with graphs/diagrams given. The efforts author put and study author did showed through every page.
A good book for people making this subject their career .



"There is a vast difference between ‘Trading for Fun’ and ‘Trading for a Living.’
Trading for fun is like a silly fight between siblings on a cozy bed in a bedroom. Trading for a Living is like a fierce fight between you vs. Mike Tyson, Muhammad Ali, Rocky Marciano, Manny Pacquiao, etc. altogether simultaneously."

[Priyansha Bhatia · Rating 4 out of 5]

Price Action Trading is a finished guide for fledglings to instruct themselves in value activity exchanging. This book is tied in with partaking inside and out data about value activity exchanging, an interesting way to deal with see the value volume relationship, and furthermore how to change to full-time exchanging.

It utilizes diagrams and contextual analyses for an appropriate comprehension of essential ideas of value activity exchanging like pattern lines, designs and so forth There are many key takewaways and the book is extremely instructive. The book shows how it is more helpful to swith to value activity exchanging as opposed to depending on markers which overcomplicates exchanging.

[bangalimeyreads · Rating 5 out of 5]

The author of the book is a full-time trader. He is a former IT professional and has more ten years of experience in the stock market.
This book is a non fictional one with the topic of stock market and everything related to it.
'Price Action Trading' is a trading technique- A trader reads the market and makes subjective trading decisions based on the price movements rather than the technical indicators or other factors.
The author has put down a well researched book with a lot of information. He has used several graphs, diagrams, etc. to make it easy for a common man to understand the facts and information on this topic.
The narration is good. The language used is lucid. It was an informative book.

[Achu Aswathi · Rating 4 out of 5]

The book is short and you should read at a correct pace to grasp the information presented. The book is all about becoming a price action trading expert and gaining profits. the author has great experience in the field of trading and he is explaining and everything with pictures i. e., charts for better understanding.

I am an investor and never tried to trade and wish to trade and started learning and I got this one and am so happy that I read it and soon I will be applying skills in moneybhai.com and later in the real trading platform. Whatever we do we should have a good practice in it learn the charts well. I loved the quotes in the book that are perfectly matching what he is saying.

I think this book is for people who know some basic concepts and technical analysis.

[Fadila Kurickal · Rating 5 out of 5]

There might be plenty of books out there in the market that claims to be an all in one guide for stock market. This book stands out for the reason that the author wrote it out clearly based on his personal experience, the book has easy to understand explanation that even a person with zero knowledge can get enough at the end and he has written it for people who genuinely wants to learn.

The books deals with the trading from beginning till end, with every necessary topics covered. Author have made it easy to understand by adding in graphs, diagrams and such easy explanation strategies.The book is a short yet efficient read.

There's no unnecessary unrealistic idea of stock marketing in this book. A good book if you're looking in for investing, and has no much knowledge.

[Shahrukh Ahmad · Rating 4 out of 5]

Name of the book- Price Action Trading.
Written by- Indrazith Shantharaj
Rating- 4/5

Stock marketing is very difficult for the freshers who want to invest their money in shares.The book is for the neophyte.The book tells you each and every step that how to invest your money.You will find everything in the book regarding stocks.The merit and demerits of the market.

The author is very well described each portion of book by means of using data and charts.The book language is very lucid so can everyone can easily understand.

In my opinion,You should read this book.This is a short read and you will get infinite knowledge.You will get clear cut concept about how to investment you money in this market.
Thank you.

[Ankit Singh · Rating 5 out of 5]

In current times one source of income is definitely not adequate and certainly not recommended sudha youths. In this case stock market can be the best way for side income and the book price action trading focuses on that. It is a technique in which trader read the market and makes subjective trading decision based on the price movements and rather than relying on the technical indicators or other factors.

This book has clarity of concepts regarding beginners trading and certainly are must read to clear The subtle nuances which has to be taken care of while investing in stock markets.

Apart from this very simple and useful techniques are mentioned which other traders do not share with the investors.

Master commended for all age groups who want to invest and have a side income.

[Ritika Srivastava · Rating 5 out of 5]

🍡#bookreview 149👇
.
Book - Price Action Trading
Author - Indrazith Shantharaj @indrazith_shantharaj
Genre - Non - fiction
.
🍡As the title suggests, this wonderful book is based on how to smartly invest in stock market trading. This book is a sort of step-by-step guide for understanding the modes and ideas of corporate world as well as trading stock market.
.
🍡Being a short and quick read, it wouldn't bore the readers. Its absolutely good for beginners. The points and ideas are well crated and aptly portrayed. The cover is illusive and good. The narration and language is good and lucid. It was noty kinda genre as I myself being a science student. Yet, it can make a definite impact on the minds of those who are willing to invest in trading business.
.
🍡For me, it was a 🌟🌟🌟🌟🌟/5 read.

[Subhadeep Pal · Rating 3 out of 5]

Only good for the beginners

Well, honestly speaking, this book didn't meet my expectations. The author himself told that he did not have any plan to write this book, but after having a pan India road trip with is friends, he suddenly decided to write a book on price action trading, and did it by simply staying in a guest house for some time. So that's it. It's loose packed with content matter. It's quite good for the beginners, as there are lots of advise based on psychology and money management, but the main topic, i.e. price action trading - lacks detailed analysis. What was even more frustrating was that the author often trying to sell his other online technical courses through this book.

[Book reader · Rating 1 out of 5]

This book is pretty good and disastrous as well for a newbie. Pretty good because someone who doesn't have any knowledge about technical analysis can find it very helpful and that too because they don't have any knowledge. But for someone who is atleast a "moderate beginner", this book is just too worst. Disastrous because, the author hasn't even mentioned the various trends in the market, the pullbacks that usually occur after a breakout, or even the principal of interpolation. This half knowledge is not really a good suggestion for a newbie. the author has also failed to mention the trading psychology which plays a very key role in trading. And being an experienced person, i found this book not very helpful but just a waste of time.

[Vaibhav Diwakar · Rating 4 out of 5]

A beginners toolkit to start price action

It's like a 30-45 min conversation with a trading mentor, compiled in the form of a book.

I started trading a few months back. I initially made a few profits, but now I'm mostly making losses. I read a book on Trading psychology by Mark Douglas and really helped me reduce my losses. Next I wanted to learn price action so that I could develop a trading system and that is where I came across this book. My unique learnings from this book are:
1. Identify a few specific candlestick patterns and use is it to plan an entry into a trade either buy or sell
2. Using Volumes to confirm if that has the potential to be a right entry or if it's going to be a false breakout.