Trading rooms for beginners at swing trading?

Discussion in 'Educational Resources' started by novicetrader69, Sep 4, 2018.

  1. Any suggestion about good trading rooms for beginners wanting to start learning about swing trading?

    Also what are the best/most used chat application for traders?

    I downloaded echofin but have no idea about how good or not it might be. Any opinion on this is appreciated.

    Thanks
    nt
     
  2. trading rooms are not something you learn from if you don't have background.
    did you try to read some books before ?
     
  3. Good point @mr_byte31, yes I am but sometimes I feel that books don't provide that thousand or so details that real, live trading might uncover.

    Can you provide a few titles you would certainly suggest reading?

    Thanks
    nt
     
  4. Ok. you don't like reading like me :)

    at first you need to understand what is chart patterns and other stuff.
    start with channel : https://www.youtube.com/channel/UCFSn-h8wTnhpKJMteN76Abg
    the channel is mainly about forex but they have the same things as stocks.
    Later , you can read the book of technical analysis for jack schwager ! nice and simple !
     
    Opteronion likes this.
  5. I do like reading and in fact I asked you to suggest a few titles you would certainly advice reading

    nt
     
  6. lindq

    lindq

    "Trading for a Living" by Alexander Elder would be a good start for you.

    You can read a thousand books but it will ultimately come down to your own style. Line up a thousand active traders, and there's a good chance that each one is following a different path.

    Good luck.
     
    Last edited: Sep 4, 2018
    Opteronion and VPhantom like this.
  7. Handle123

    Handle123

    Ultimate Trading Guide by John Hill, G Pruitt, and L.Hill
     
  8. I have never found a room that actually had a successful trader running it. If you want to learn the art of BS and want to one day become your own trading room guru, then I would try just about any of them. They each of their own flavor of BS. I don't mean to sound negative, I hope you understand, this is just the truth.
     
    comagnum likes this.
  9. Thank you guy, I appreciate your advices.

    These are the books I'm looking into now, they all seem a good starting point to building up a basic understanding of markets and trading:

    Master the Markets - 4th Edition by Tom Williams
    Enhancing Financial Awareness Notes by John Mohan
    Ultimate Guide to Trading and Investing
    TRADING AND EXCHANGES: Market Microstructure for Practitioners by Larry Harris
    HOW TO DAY TRADE by Cameron Ross


    nt
     
    Last edited: Sep 4, 2018
  10. I believe this is indeed a great little book that will benefit others:

    Enhancing Financial Awareness Notes by John Mohan
    h**p://kirklandtraders.org/Notes/Financial%20Notes%202017rev.pdf


    nt
     
    Last edited: Sep 4, 2018
    #10     Sep 4, 2018