We have a really nice post on books read but misses a ranking mechanism, I would like to find with the participants the favorite books via a poll mechanism, where anyone can add his own book, and we see what the community find as the bible, kinda top 20, 30 unavoidable in a library, then we can comment why is like so, what are the critical points and so on There is an inbuilt functionality in elitetraders or can indicate an external link (do not know if is allowed @Baron) or somebody has another way? I just would love to see if the community preferences match the well known books, this is interesting because in this forum there is a lot of accent on real trading, there is not space for theory autocelebrative
You could use the poll function for this - but before doing so, you would need to have a pretty good idea of the top X books. You also mention the top 20 or 30. I don't know what the max amount of poll options is on ET but one of the mods could probably answer that.
My two cents: The problem with most TA books (and traders) is that they focus on arbitraging the middle of the bell curve. In terms of becoming a better trader, then the best book on trading is your own trading journal.
nope essential condition is that everybody is free to add a book, then the votes will do the difference. Of course we have here stock, options, and future as macrocategories, but still is a good start @PPC also we are not limited to technical, can be quant, can be fundamental, can be more macroeconomic(ex. austrian school), also there are books that encourage journaling. I am a fan of TA, there are clear indications is not a random walk, and that market has inefficiences, people that deny this often have funds based on opposite principles.(but please let's no deviate to the daily technical efficiency rant )
I work with artificial intelligence, but is not my use case. Going away from monte carlo to approximate but not reach graal.
that will mean that will be not popular as a post because people should be redirected to another site to vote, maybe i could insert 5 casual books to not create bias and add a nice jpeg image in the post, so that traders would feel some appeal. If the interest starts to go off from the ground people would be interested(i guess) because is a topic few people could like
It sounds like a time waster project. Most people are incapable of extracting anything useful from reading a book. On rare occasion I read something e.g. on ET which I deem to be useful and I save it. Most likely it is a something that points me in a certain direction and I further research it.
Trading is a game of detachment. Sorry … had to say it. Another way is to post titles, count likes and update the original post with the lastest data. You should be able to edit the original post even after 59min with admin’s granted privilege. Now it requires manual work … Reviewing posts and their likes every day / week / month … Or I could create a program for 10,000$