I'm willing to learn. I'm an electrical engineering student and have quite a bit of free time. I'm young and have the time to see my capital grow. If I'm able to reach a higher return, I'll have much more money later. I'm expecting to achieve a 20% return per year after becoming experienced enough. I don't know if this is too high of an expectation for quant traders, but I know it is for long-term holders and is much higher than the index
I'd suggest 3 books, all classics. How to make money in stocks; O'Niel How I made 2 million dollars in the stock market; Darvas Secrets For Profiting in Bull and Bear Markets; Weinstein
I just bought common stocks and uncommon profits by phillip fisher and Principles for Dealing with the Changing World Order by ray dalio but as soon i end it i'll read those
I just bought common stocks and uncommon profits by phillip fisher and Principles for Dealing with the Changing World Order by ray dalio but as soon i end it i'll read those
A double E major and you "have lots of free time"? Lol... good on ya. You must be pretty darn smart. I've only read two books about stocks in my entire life, and it's funny, Cramer mentioned them last night and called them (paraphrasing) the best books about the market ever written. "One Up On Wall Street" and "Beating the Street". Both by Peter Lynch, written in the early 90's. Cramer was going on about how when he was an undergrad (and the subsequent years after he graduated), how he sent a few dollars each week to Fidelity for investment in their Magellan Fund---which Peter Lynch managed. Said he still has it and its worth $650K now. Anyway... get those books, they're timeless and they will give you a rock solid foundation for your investing journey.
That is really all you need + take the long view and you could be another Buffett. If you think that is not enough, buy n read the book by the other Fisher: Ken, his son the billionaire Fisher.