Discussion in 'Educational Resources' started by nav88, Oct 25, 2019.
Hi I am a beginner and looking to get a training or books recommendation on trading
Oh dear. Choices are infinite?
Read all the Market Wizard books and see which trader's style appeals most to you. Start there and see where it takes you. Good journey to you.
trading what, for what hold period, sir?
Two of my fav's in addition to Market Wizards mentioned above:
- Reminiscences of a Stock Operator by Edwin Lefevre (1923)
- Speculation as a Fine Art by Dickson G. Watts (1965)
Find another hobby
Honestly consider psychology/discipline books like Trading in the Zone by Mark Douglas.
Never underestimate the power of attitude when trading.
Watch youtube. Search on SMB capital
Search the internet for information on why traders fail; some claim that over 90% manage to do that; then don't do any of that stuff.
Take the time to develop a well thought out trading plan, and follow the plan.
You can't buy trading success; everything you need to know you can find online.
Try Al Brooks' stuff if you're intent on day-trading. Great thoughts, though badly written down. His video clips are somewhat more accessible.
Separate names with a comma.