Good beginner trading book?

Discussion in 'Educational Resources' started by mentorgen, Jul 27, 2005.

  1. I'm looking for a book for beginner traders for my students. A few of them have no experience in trading and I would like to provide them with a book that would teach them the basic - intermediate stuff. Things like, bid, offer, specialists when they can buy, short uptick rule, and if possible information on how to read the basics of the open book... such as a huge bid coming in, or offer. Also some basics on reading charts, breakouts, etc.

    Just a good beginning introduction to trading for them, before I teach them more complicated stuff.

    Thanks,
    John
     
  2. nitro

    nitro

  3. BSAM

    BSAM

  4. Was going to suggest the same, but it is focused on equities only (at least the edition that I have does). This was a great starter book.
     
  5. nitro

    nitro

    Hmmm,

    Maybe it is and I have lost touch with what it was like when I was first starting...It's been so long ago... I just assume that all this stuff is obvious. I don't mean to sound elitist, I really believe that.

    nitro :(
     
  6. Choad

    Choad

  7. Moreagr

    Moreagr

    choad how did you get that book for free?? i have an account at IB and did not get one :(
     
  8. BSAM

    BSAM

    IB sent them out to their customers about two or three years ago.
     
  9. Moreagr

    Moreagr

    well i guess i missed it.... i opened an account in may 05.
     
  10. i am mentoring a few people on how to trade better. i have 1 or 2 that know how to trade, the basics, and 1 or 2 that know nothing. nitro the book you recommended, is that good for people that have a basic knowledge?

    as for this daytrading online book, it teaches like spread, etc. right? how about what the specialist.. etc.?
    thanks guys for the suggestions.
    i will take a look.
     
    #10     Jul 27, 2005