Level 2 trader studies

Discussion in 'Trading' started by prj, May 6, 2018.

  1. prj

    prj

    Hi, what ultimate book/resourse/method can you recommend to master trading? Beyond basics like Murphy, Elder.
    What do you think of Wyckoff method?
     
  2. Totally just my opinion, but I think the best method is to learn directly from the data. Since that involves simulations, real time and possibly historical data, trading platforms, order execution, clearing, settlement, automation and programming, math, stat, money management, etc ... I'd learn those kinds of skills and play with the data.

    Learning to code is pretty easy these days, youtube videos abound.
     
  3. padutrader

    padutrader

    i would not advice anyone to try to master trading.....i would advice them to learn to manage it.

    You cannot make a lot of money trading because some one has to lose a lot of money.you can make some money because the edge is not there for long
     
    zion likes this.
  4. If the alpha is there you can make LOTS of money
     
  5. prj

    prj

    What is alpha?
     
  6. ironchef

    ironchef

    Some of us trade beta instead. In a secular bull market, it is easy money. :D