Topic: A good book to learn how to trade. - page 2. (Read 1192 times)
Reading books could also be of big help and we can still be getting ideas from it but the problem is, some of them are outdated means that, it is good to go for online tutorials that are updated. Because when you are in trading, you can't rely upon into one thing but rather to gather ideas from different sources in order to evaluate what it more effective or less effective.
I agree with that. Reading books will give you the fundamental knowledge about something so I believe reading the book for forex trading will give the user an insight of the basic and steps in trading. But it’s important to bear in mind that we need practical knowledge to be able to digest everything we read from the book and carry them out practically. Trading is more of personal experience than theoretical reading. You read to get the basic information but needs practicals to be an experienced trader.
It is a quite nice habit of getting some knowledge about the trading, because through books you can learn a lot of things which was never in your mind before and can be attainable for your profit, but the way you are going to take through your trading should be very consistent and can be approachable to your target, then only you will achieve success.
You need to be more precise in whatever knowledge you wanted to gain, books are good if you aimed for experienced traders who shared their past actual trading participations, those experienced from them who can help you to avoid making mistakes and let you prepared on whatever the market is waiting for you.Books are a good fundamental. Afterwards, your own experience is the best teacher that will guide you to attain success, even you've read every book without actual participations there's nothing what will benefit you.
On the other side, with actual trading you'll see how things works and how you will manage to perform every learning that you gained from books or videos that you watch and read.
Reading book is very useful because it allows you to have the basic knowledge about trading but I believe having experience is very important which you can't get from reading a book before you can have experience you have to start trading yourself and from there you will know the type of trading pattern that works for everybody but you reading a book is also important too.
Recently i´ve got a indication of a book: Encyclopedia of chart patterns (second edition). This book is realy good, but it has many pages (1033). The book was initially designed for the Stock Market, but you can still use the book to trade with bitcoin. The book is available on Amazon and on the internet (pdf for free). I particularly downloaded the pdf but I intend to buy the book soon. I recommend an intermediate-advanced level of English and a certain experience in trade to understand the book well.
A book like this is going to take a long time for anyone to finish it. Anyways, trading is all about having patience, and if you can’t have patience then you wouldn’t be able to learn anything about trading and succeeding in it is going to be a really huge problem. But, then why it may be a problem for a lot of people is because a lot of them are not used to reading too much these days, people prefer to just watch videos and learn whatever it is that they want to learn than having to choose a long read, especially one that has over a thousand pages. Reading books and material is very good for trading. However, real learning comes from applying what you read. I prefer small videos over books because they cut unnecessary content. Quality is a lot more important.
Being in the field is the real thing then after that you can talk with experience. If we only do book reading, the trade will swallow up everything we have when we go in . Like you said it is better not to only read but to try out the real thing which is trading. Watching trade videos on YouTube is also not a solution alone but to trade. When we trade there is another experience that comes to it because it is real money and not rhetorics of trade. Emotions and just watching or reading won't give same action to trade.
Reading books and material is very good for trading. However, real learning comes from applying what you read. I prefer small videos over books because they cut unnecessary content. Quality is a lot more important.
Being in the field is the real thing then after that you can talk with experience. If we only do book reading, the trade will swallow up everything we have when we go in . Like you said it is better not to only read but to try out the real thing which is trading. Watching trade videos on YouTube is also not a solution alone but to trade. When we trade there is another experience that comes to it because it is real money and not rhetorics of trade. Emotions and just watching or reading won't give same action to trade.
It is a quite nice habit of getting some knowledge about the trading, because through books you can learn a lot of things which was never in your mind before and can be attainable for your profit, but the way you are going to take through your trading should be very consistent and can be approachable to your target, then only you will achieve success.
You need to be more precise in whatever knowledge you wanted to gain, books are good if you aimed for experienced traders who shared their past actual trading participations, those experienced from them who can help you to avoid making mistakes and let you prepared on whatever the market is waiting for you.Books are a good fundamental. Afterwards, your own experience is the best teacher that will guide you to attain success, even you've read every book without actual participations there's nothing what will benefit you.
On the other side, with actual trading you'll see how things works and how you will manage to perform every learning that you gained from books or videos that you watch and read.
The only good methods for the traders to earn here in the cryptocurrency is the "Experience in Trading" whether you win or lose
at least you have encounter of any of it. Because, I do believed that all experts achieved their success through this thing for sure and
I had no doubt about it.
at least you have encounter of any of it. Because, I do believed that all experts achieved their success through this thing for sure and
I had no doubt about it.
Recently i´ve got a indication of a book: Encyclopedia of chart patterns (second edition). This book is realy good, but it has many pages (1033). The book was initially designed for the Stock Market, but you can still use the book to trade with bitcoin. The book is available on Amazon and on the internet (pdf for free). I particularly downloaded the pdf but I intend to buy the book soon. I recommend an intermediate-advanced level of English and a certain experience in trade to understand the book well.
You know, a book is always good, but a real trader doesn’t have time to read such books, a real trader goes through this thorny one, even if he works for hours on the stock exchange and gaining his skills and abilities in practice, I think that the key to success for any trader is not theory but practice itself, these hours of reading a book can be usefully converted into hours of trading on the stock exchange and gaining practical experience.
Reading books and material is very good for trading. However, real learning comes from applying what you read. I prefer small videos over books because they cut unnecessary content. Quality is a lot more important.
It is a quite nice habit of getting some knowledge about the trading, because through books you can learn a lot of things which was never in your mind before and can be attainable for your profit, but the way you are going to take through your trading should be very consistent and can be approachable to your target, then only you will achieve success.
Recently i´ve got a indication of a book: Encyclopedia of chart patterns (second edition). This book is realy good, but it has many pages (1033). The book was initially designed for the Stock Market, but you can still use the book to trade with bitcoin. The book is available on Amazon and on the internet (pdf for free). I particularly downloaded the pdf but I intend to buy the book soon. I recommend an intermediate-advanced level of English and a certain experience in trade to understand the book well.
You know, a book is always good, but a real trader doesn’t have time to read such books, a real trader goes through this thorny one, even if he works for hours on the stock exchange and gaining his skills and abilities in practice, I think that the key to success for any trader is not theory but practice itself, these hours of reading a book can be usefully converted into hours of trading on the stock exchange and gaining practical experience. 
Recently i´ve got a indication of a book: Encyclopedia of chart patterns (second edition). This book is realy good, but it has many pages (1033). The book was initially designed for the Stock Market, but you can still use the book to trade with bitcoin. The book is available on Amazon and on the internet (pdf for free). I particularly downloaded the pdf but I intend to buy the book soon. I recommend an intermediate-advanced level of English and a certain experience in trade to understand the book well.
Not that a really fan of books but this one might worth to peek or buy on.Reminiscences of a Stock Operator. Buy on Amazon. ...
The Intelligent Investor. Buy on Amazon. ...
Market Wizards. Buy on Amazon. ...
The Disciplined Trader. Buy on Amazon. ...
Trader Vic II: Principles of Professional Speculation. Buy on Amazon.
Source: https://www.investopedia.com/articles/personal-finance/090216/top-5-books-become-professional-trader.asp
thank you for the advice because it is good to learn through good books to increase knowledge about trading, especially books that have good indications. there are many books or webs out there that offer knowledge for us to learn, while we can learn then study it well so that our knowledge also increases. but after that we also have to try trading itself so that we can experience trading for ourselves and get experience from it, because apart from learning from books and the web, experience can also be a good teacher for us to increase our knowledge about trading.
I would like to ask for the link if possible. I like reading books especially about cryptocurrency which helps me gain more knowledge. I'll try to find it since I wanted to trade but I'm lacking of knowledge about trading, this might help me.
Trading is risky if you don't know how to, so better to give it a try.
Trading is risky if you don't know how to, so better to give it a try.
I haven't read the book myself yet but I know the Wiley Trading Series, they have a lot of good books published, usually very thick and expensive books. Out of there series I read parts of "High-Frequency Trading: A Practical Guide to Algorithmic Strategies and Trading Systems" - also a great trading book I would recommend anybody who is interested in HFT. Providing links to download the book might not be legal, better be careful when trying to get the book on the internet for free. In my country "Encyclopedia of Chart Patterns" is still being sold for 100 Euros, this might be a lot of money but if we can make a profit from it, it's worth it. If you really want the book but can't afford to pay so much money then I would recommend to just buy a used copy. On Ebay there are always people selling their older trading books much cheaper. The Wiley books are usually written by industry experts that can teach us a more practical approach.
I think you should practice with demo account and there are many people on youtube who teach crypto trading in detail. By learning from there you Must practice on that demo account. By this you will become stronger practically instead of becoming stronger theoretically. Later only practical will come in handy. And if any question still you will get its answer on Quora.
You like wise need to rehearse the systems with the end goal for you to know its great and terrible impacts. It isn't awful to commit errors, yet on the off chance that you misstep the same way once more you disapprove of the manner in which you exchange. They are the person who are learned and successful with regards to exchanging. Proficient dealers are as yet encountering some awful and bomb exchanges yet they are prevailing when they will make an answer for it.
I would like to ask for the link if possible. I like reading books especially about cryptocurrency which helps me gain more knowledge. I'll try to find it since I wanted to trade but I'm lacking of knowledge about trading, this might help me.
Trading is risky if you don't know how to, so better to give it a try.
Trading is risky if you don't know how to, so better to give it a try.
Learning is the best way to increase our earning. Knowledge is power. And increase your knowledge to increase your income. Book reading is a best way to increase knowledge. But i think reading book can increase your knowledge but experience is more important. Experience will teach us many things that we can't learn from books.
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