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
IMO, this is the best book ever written on the subject: http://www.amazon.com/exec/obidos/t...102-8584047-5039303?v=glance&s=books&n=507846 Should be in every traders library. nitro
Nitro..... That book is way over the heads of beginners. Try this one: A Beginner's Guide To Day Trading Online by Toni Turner.
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.
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
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.