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Best Scalping Books: 4 Titles and Who Each One Is For

Four scalping books with their editions checked, from Bob Volman's 358-page price action method to a 64-page overview, and the reader each one suits.

· Founder of PatternsWizard
Checked 5 min read
Forex Price Action Scalping2011Scalping Is Fun! 1-42016Scalping Trading Top …2016E-mini Dow and Mini DAX Sc…20184 books, 2011 to 2018

Our picks

  1. Best for forex scalpers

    Forex Price Action Scalping

    Bob Volman

    Bob Volman's 358 pages of price action setups.

    See on Amazon
  2. Best for index futures

    E-mini Dow and Mini DAX Scalping Techniques

    Teva Lama

    For futures traders who scalp the Dow or the DAX.

    See on Amazon
  3. Best for Heikin Ashi

    Scalping Is Fun! 1-4

    Heikin Ashi Trader

    A 136-page read built around Heikin Ashi charts.

    See on Amazon

Picked from the comparison below, where every edition carries the date it was checked and its source.

On this page
  1. Our picks
  2. Which book fits which trader
  3. Frequently asked questions

Start with Bob Volman's Forex Price Action Scalping if you want the longest of the four: it runs to 358 pages, and its description promises hundreds of setups and full coverage of price action principles. Index futures scalpers can look at Teva Lama's E-mini Dow and Mini DAX Scalping Techniques; forex traders who use Heikin Ashi charts can start with the 136-page Scalping Is Fun! 1-4. A scalping book teaches how to take many very short trades, often held for seconds or minutes, for small gains each time. We checked each edition in a book catalog on October 30, 2026, rechecked it on November 1 and again on November 2, and did not reread the books, so the order is not a ranking.

Four scalping books

  • Forex Price Action Scalping

    Bob Volman · In catalogs by 2011

    Edition checked
    Paperback, 358 pages, Light Tower Publishing, 2011
    Who it is for
    Aspiring forex scalpers who aim to go professional, as its description puts it
    About the book
    Its catalog description promises hundreds of setups, entries and exits to the pip, plus the psychology of the job and what it calls clever accounting.

    Checked , goodreads.comSee on Amazon

  • E-mini Dow and Mini DAX Scalping Techniques

    Teva Lama · In catalogs by 2018

    Edition checked
    Kindle edition, 93 pages, 2018
    Who it is for
    Index futures traders who scalp the Dow or the DAX
    About the book
    The book's description says it adapts scalping to different market phases, with examples, some over one week of trading, and automatic rules meant to keep sentiment out.

    Checked , goodreads.comSee on Amazon

  • Scalping Is Fun! 1-4

    Heikin Ashi Trader · In catalogs by 2016

    Edition checked
    Paperback, 136 pages, Amazon Digital Services, 2019
    Who it is for
    Forex scalpers who want a 136-page read built around Heikin Ashi charts
    About the book
    Four books in one: fast trading with the Heikin Ashi chart, practical examples, rating your own results, and trading as a flow business.

    Checked , books.google.comSee on Amazon

  • Scalping Trading Top 5 Strategies

    Andrew Ellis · In catalogs by 2016

    Edition checked
    64 pages, CreateSpace, 2016
    Who it is for
    Readers who want a very short overview of forex and options scalping
    About the book
    A 64-page booklet built around five strategies; at that length, treat it as an introduction rather than a method.

    Checked , books.google.comSee on Amazon

Editions checked in Goodreads and Open Library on October 30, 2026 and rechecked on November 1, 2026; the four editions and their descriptions read again on Goodreads and Google Books on November 2, 2026, with the 2016 Kindle edition of Scalping Is Fun! 1-4 read on Amazon the same day. Descriptions and contents come from each book's catalog page or subtitle; we did not reread the books.

The cost problem is a matter of proportion. Take the same spread and commission on every trade: against the small target of a scalp it is a large slice of the gain, against the target of a swing trade a thin one. A scalper then pays it again on every trade of the day. Before you adopt a method from any of these books, compare its typical target with what one round trip costs you at your broker.

The same trading cost against a scalp and a swing target

Cost of one trade: spread, commissionGain left from the targetScalpsmall target: the costtakes a large shareSwing tradesame cost, a small shareA scalper's daythe cost is paid again on every trade
Schematic, not market data. Same cost per trade assumed; real costs depend on the broker, the market and the order type.The proportions are illustrative; your own cost depends on the broker, the market and the size of each trade.

Which book fits which trader

You trade forex and want the longest book

Forex Price Action Scalping was published by Light Tower Publishing in 2011, in a 358-page paperback. Its description promises hundreds of setups, with entries and exits to the pip, plus the psychology of the job and what it calls "clever accounting," and says it is written for aspiring traders who aim to go professional. You can also find it through this Amazon link.

You scalp index futures

E-mini Dow and Mini DAX Scalping Techniques is a 93-page Kindle edition from 2018. Its description says the techniques cover the e-mini Dow, the DAX and the mini DAX, and can be applied to other markets with significant volume. It focuses on adapting to market phases and on trading with fixed rules to keep emotion out. See it on Amazon.

You scalp forex with Heikin Ashi charts

Scalping Is Fun! 1-4 collects four books by the author who writes as Heikin Ashi Trader: fast trading with the Heikin Ashi chart, practical examples, how to rate your trading results, and trading as a flow business. The collection came out first as a Kindle edition in 2016, then as a 136-page paperback published through Amazon Digital Services in 2019, and its description presents it as a strategy for the forex market. The Heikin Ashi chart averages each candle's four prices and opens it at the midpoint of the previous Heikin Ashi candle, so runs of same-colored candles stand out and small pullbacks often disappear; the chart below shows the hourly EUR/USD candles of the week of October 19, 2026 redrawn that way. The 2016 Kindle edition is on another Amazon listing.

EUR/USD hourly candles, October 18 (21:00 UTC) to October 23, 2026, in Heikin Ashi

Classic candlesticks1.121.1221.1241.126Oct 18 21:00Oct 23 20:00Heikin Ashi1.121.1221.1241.126Oct 18 21:00Oct 23 20:00
  • Classic hourly candlesticks, hollow when the close is at or above the open, filled below
  • Heikin Ashi candles, hollow when the Heikin Ashi close is at or above its open
Heikin Ashi and classic candlesticks of EUR/USD, hourly, October 18, 2026, 21:00 UTC to October 23, 2026, 20:00 UTC. Heikin Ashi close = (open + high + low + close) / 4, open = midpoint of the previous Heikin Ashi candle's open and close, high and low include both. Illustration of how the chart type is drawn, not a backtest.

You want a quick overview

Andrew Ellis's Scalping Trading Top 5 Strategies is a 64-page CreateSpace book from 2016, built around five strategies for forex and options. At that length, it can only introduce each strategy; use it as a starting point, not a method.

For broader reading, see our technical analysis books, or browse all our trading reviews.

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Frequently asked questions

What is the best book for learning scalping?

Of the four books here, Bob Volman's Forex Price Action Scalping is the longest: a 358-page book whose description promises hundreds of setups, entries and exits and full coverage of price action principles.

Is scalping actually profitable?

For most people, no. Each trade pays costs, and scalpers take many trades. A study of day traders in Taiwan found that the vast majority were unprofitable. Test any method on paper first.

Which scalping book suits beginners?

Two descriptions here address newcomers. Teva Lama's says its techniques will help readers who are beginning in trading; Andrew Ellis's 64-page booklet says it is easy to understand even for those new to the trading world.

Sources

  1. Barber, Lee, Liu, Odean and Zhang, Do Day Traders Rationally Learn About Their Ability? (2017)
  2. Goodreads, Forex Price Action Scalping, book page
  3. Google Books, Scalping Is Fun! 1-4, 2019
  4. Google Books, Scalping Trading Top 5 Strategies, 2016
  5. Goodreads, E-mini Dow and Mini DAX Scalping Techniques, book page
, Founder of PatternsWizard

Passionate about finance, quantitative trading and data analysis. Amaury built the PatternsWizard test bench, which detects each pattern on full price history and measures what happened next against random entries.

PatternsWizard tests chart and candlestick patterns on full market history, against random entries. How we test patterns.

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