Reading guide for trading

Discussion in 'Educational Resources' started by darknesscrysis, May 21, 2017.

  1. comagnum

    comagnum

    If you narrow your list down to only books written by traders with 20-30+ years of extraordinary returns it will simplify your choices. Maybe try starting with the original market wizards - find one or two traders you like and find material they authored.
     
    #21     May 28, 2017
  2. eurusdzn

    eurusdzn

    Dont be misled with "what works books" vintage 2007 and believe it does. That is going down
    a less than useful path. I will give my opinion on two threads here. One is obscure, the other not. ACD and "neither tech nor macro" . Might be better to read what REAL traders say than to get mucked up in entry level books. See where the threads take you and USE elite trader.
    One amateur to another.

    One thread beleives in support and resistance the other, well, not so much.
    Why is that?
     
    #22     May 28, 2017
  3. I'm at 60% into One up on Wall Street but I'm going to read another book because this seems a waste of time. This is my planned reading list right now:
    A Beginner's Guide to Day Trading Online (2007)
    Fundamental Analysis for Dummies (2009)
    Mastering the Trade, Second Edition (2012)
    Security Analysis (2009)
    Japanese Candlestick Charting Techniques (2001)
    The Intelligent Investor (2003)
    I think that order is the best to get going while I learn. But until I've read those and a lot more I don't know for sure. I know One up on Wall Street won't go in my list though.
     
    #23     May 30, 2017
  4. volpri

    volpri

    Throw them all in the garbage or donate to book organization.
     
    #24     May 30, 2017
    Van_der_Voort_4 likes this.
  5. speedo

    speedo

    The best education I received was from watching hundreds and hundreds of hours of price development real time. The other piece is understanding behavior, expectations, beliefs and other human functioning as maintaining discipline is what separates the trader from the mere technician.
     
    #25     May 30, 2017
  6. In my opinion, forget about all trading books...because they cater and describe their own unique style, and viewpoints, and instruments and methodologies;

    And everyone is different and unique -- and so is the market everyday.

    Approach this game with your own philosophical perspectives on a clean, neutral slate o_O
    It may take more time, but it will be more rewarding and meaningful to you.
     
    Last edited: May 30, 2017
    #26     May 30, 2017