A good book to learn how to trade. - page 3.

King Raymond

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Quote from: L.Lawliet on February 13, 2020, 05:11:28 PM

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.

Information gotten from the book should be used as guide on how the market may be, it doesn't necessarily mean it dictates/controls the market. You should include this in your post to protect people from buying your recommendation as a guarantee of trading success.
Since it's a recommendation, I'll give it a try. I hope it will worth it.

Fredomago

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Quote from: LastKiss on October 06, 2021, 10:20:29 PM

Quote from: rahmatullah9305 on October 06, 2021, 02:42:52 PM

This book also adds extensive knowledge as a reference in trading. Before entering the trading room, one of the places to gain knowledge is from books, although tutorials from youtube are easier to listen to, but according to your own beliefs should also know trading techniques from other places such as books. And books are written by people who are already professionals with the market.

Yes reading books is good for us who just enter trading world but it would be better if we have some friends in specific what the things we trade, for example I got friend who good at stock but I couldn't use his technique/method in my crypto trading when I try it, it's not like what I'm expected. So it's same for the book we're looking for if it's a book that guide you about trading in crypto space then better use it if you want to learn about trading in crypto.

People who like to involve themselves into trading needs to work with every information that they can gather to advance their knowledge upon this business, work with your advantage and have that confidence to make a winning trade in each time you participate with your trading, knowledge can be acquired coming from people who already into this business, not just a close friends or relatives but also those people who shared their experienced working in this field.

Never stop learning, it's the best thing you can do if you are really keen in succeeding from this industry, work more to find good portfolios with a good guides from experienced traders who take time to understand the deeper side of this business.

breathlessz

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Quote from: LastKiss on October 06, 2021, 10:20:29 PM

Quote from: rahmatullah9305 on October 06, 2021, 02:42:52 PM

This book also adds extensive knowledge as a reference in trading. Before entering the trading room, one of the places to gain knowledge is from books, although tutorials from youtube are easier to listen to, but according to your own beliefs should also know trading techniques from other places such as books. And books are written by people who are already professionals with the market.

Yes reading books is good for us who just enter trading world but it would be better if we have some friends in specific what the things we trade, for example I got friend who good at stock but I couldn't use his technique/method in my crypto trading when I try it, it's not like what I'm expected. So it's same for the book we're looking for if it's a book that guide you about trading in crypto space then better use it if you want to learn about trading in crypto.

therefore the importance of the environment is to hang out with friends who have similar businesses, and I think we will understand and draw conclusions more quickly, besides that books are also good for supporting learning, when we share with friends and enrich knowledge from books, there are long Over time we will find our trading way

reymarkperry

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Great , I have been greatly expanded my knowledge of trading while reading it . It helps me avoid risks as well as restrain myself from being greedy

LastKiss

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Quote from: rahmatullah9305 on October 06, 2021, 02:42:52 PM

This book also adds extensive knowledge as a reference in trading. Before entering the trading room, one of the places to gain knowledge is from books, although tutorials from youtube are easier to listen to, but according to your own beliefs should also know trading techniques from other places such as books. And books are written by people who are already professionals with the market.

Yes reading books is good for us who just enter trading world but it would be better if we have some friends in specific what the things we trade, for example I got friend who good at stock but I couldn't use his technique/method in my crypto trading when I try it, it's not like what I'm expected. So it's same for the book we're looking for if it's a book that guide you about trading in crypto space then better use it if you want to learn about trading in crypto.

milewilda

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Quote from: Rana590 on October 06, 2021, 02:55:41 PM

A book can't teach you all the things about trading. It's not a easy to earn regularly from trading. Objectives from book can help you to know how it actually works. For better in trading you should learn it practically. For this, you can do demo trade. Enough knowledge and experience are need to well in trading.

Books are just good for terminologies but the rest will really be depending on real experience with trading.Actually there are tons of books which you can really read off
about trading and you could really learnt from it but we are on a digital era where everything could really be read and print out with just having those simple research.
You can see some videos too on various things which would really help you out on fasten your learning process and the rest will depend on experience.

Rana590

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A book can't teach you all the things about trading. It's not a easy to earn regularly from trading. Objectives from book can help you to know how it actually works. For better in trading you should learn it practically. For this, you can do demo trade. Enough knowledge and experience are need to well in trading.

rahmatullah9305

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This book also adds extensive knowledge as a reference in trading. Before entering the trading room, one of the places to gain knowledge is from books, although tutorials from youtube are easier to listen to, but according to your own beliefs should also know trading techniques from other places such as books. And books are written by people who are already professionals with the market.

Cadaver20

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One can get some idea about trading by reading books but one cannot become a full-fledged trader. Because if one don't knows the primary terms of trading, what will he learn by reading books? Learning of trading requires primary knowledge and one that will teach you some difficult term.

gabbie2010

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Quote from: TitanGEL on July 21, 2020, 08:02:11 AM

Quote from: FanEagle on July 20, 2020, 04:34:54 PM

Quote from: coinfinger on July 19, 2020, 10:51:45 AM

the important requirement for becoming pro trader in crypto space must be practicing in demo accounts. Just learning from materials cannot get you all skills for profitable trading. You must test your skills against live market so that you can take decisions perfectly under market pressure in live markets with your original capital.

But you cannot directly enter into demo trading; it means you must learn from books and then you can start trying in demo accounts. Still I agree, just learning from different materials and youtube videos will not help any trader to make profits in this highly volatile crypto markets. People are just learning and then directly entering into live market and this is the reason they are not able to finding themselves profitable in crypto trading.

When they are finding time to practice even in live market but with the least capital then they will become profitable when they are increasing their capital. I mean that you do not need a specialized the demo account but you can make your live account into demo mode by decreasing the capital into the least possible for making trades.

I am seeing many forex brokers are providing demo accounts with BTC trading markets. Crypto traders can make use of them to sharpen their trading skills.

Demo trading account is important and can be considered as required for those new comers in the cryptocurrency market. Demo trading can help us to be familiarize on hot the market moves and works. I think I use demo account for 4 months before I put a real money in exchange. Yes it helps me and it is the reason why I have winning rate in trading. There are a lot of resources of information about trading and we can find it through internet, but before we absorb it make sure that it suits our personality and characteristics as a trader.

Honestly demo trading helps a lot after reading trading books and watching videos however demo trading cannot never be equated with live trading, they are quite different earning profits consistently on demo trading does not translate to earning profits in live trading, a newbie can double their portfolio in demo trading but cannot do so in live trading, the best bet is for any newbie trader to start live trading with a small capital the amount you can afford to lose and embark on real trading after earning decent profits consistently such a trader can add more funds into the portfolio.

Ararbermas

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Quote from: L.Lawliet on February 13, 2020, 05:11:28 PM

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.

way back 2018-2019 i used to read some books about trading as well, and yes most of them for stocks but it does matter since they don't have big difference,. And you know i just read those books but didn't try to trade that time because of having difficulties, especially when it comes capital.. Lol and to be honest when decided to trade just to used my knowledge, i never read books wherein i used to watch videos online as it's more realistic than reading.. So far no problem with it, indeed it's more reliable fro me Cheesy

taufik123

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Quote from: Alisha FR on October 06, 2021, 12:00:53 PM

Yes, learning from books is also a good solution for trading. but I don't use sources from books to trade, for me to practice trading skills and expand market knowledge it's easier to learn from tutorials like Youtube, courses and articles. besides being free, it is also directly practiced in the direct market.

learning and direct practice is indeed more powerful because it directly applies the knowledge of analysis that is learned.
But there are some trading books that are really good and can be studied as a benchmark for trading properly and correctly. not just analysis, but also learn the Fundamentals well.
Knowledge can be obtained from anywhere, the most important thing is serious in studying it and able to practice it properly.

Alisha FR

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Yes, learning from books is also a good solution for trading. but I don't use sources from books to trade, for me to practice trading skills and expand market knowledge it's easier to learn from tutorials like Youtube, courses and articles. besides being free, it is also directly practiced in the direct market.

Betaj00

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Quote from: L.Lawliet on February 13, 2020, 05:11:28 PM

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.

I don't like to read Trading releted book, it is boring for me, and for this reason i watch always crypto and trading releted video. But it is correct that need time for read book but it is very helpful.

rima28

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How to read a good book to learn this book is really good and wonderful choice this trade. so you can learn it. buy this trade .the book is available on Amazon and on the internet I particularly downloaded the PDF but I intend to buy the book soon I learn in stock market that I keep using even if I trade Bitcoin for those who want to buy and read books I prefer you books of Mina Mina re bhini state like a stock market.

perfect999

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Quote from: L.Lawliet on February 13, 2020, 05:11:28 PM

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.

I have heard about that book. It basically helps you figure out how to understand the stock market and carry out technical analysis and predictions. It explains various chart patterns and its derivatives and probable odds after such as pattern is observed.

The book is not so simple to understand so I would only recommend people who already have some technical knowledge and basic understanding of how an asset market works to refer and buy the book for advance studies. Overall, it’s a good read for intermediate traders and investors.

jostorres

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Quote from: Gozie51 on February 14, 2020, 07:29:29 AM

Book is good to study to have a background knowledge of trading but at the same time, we should bear in mind that we need a practical knowledge to be able to take down everything we read from the book and trying them out. This will help us to restrategize if it not working.

Book is a necessary source for all the theory-based knowledge and to understand the patterns of the market movements but as you said, practical knowledge is also important. You cannot feel the depth of the ocean until you have made a dive in it.

The same applies to the crypto or stock market. The trader/investor cannot really understand the depth of the market and get familiar with its ecosystem and working unless he experiences it himself. Practical knowledge > theory-based knowledge but both hold importance. One helps you learn from the history and the other helps you learn and understand from your present mistakes.

TitanGEL

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Quote from: FanEagle on July 20, 2020, 04:34:54 PM

Quote from: coinfinger on July 19, 2020, 10:51:45 AM

the important requirement for becoming pro trader in crypto space must be practicing in demo accounts. Just learning from materials cannot get you all skills for profitable trading. You must test your skills against live market so that you can take decisions perfectly under market pressure in live markets with your original capital.

But you cannot directly enter into demo trading; it means you must learn from books and then you can start trying in demo accounts. Still I agree, just learning from different materials and youtube videos will not help any trader to make profits in this highly volatile crypto markets. People are just learning and then directly entering into live market and this is the reason they are not able to finding themselves profitable in crypto trading.

When they are finding time to practice even in live market but with the least capital then they will become profitable when they are increasing their capital. I mean that you do not need a specialized the demo account but you can make your live account into demo mode by decreasing the capital into the least possible for making trades.

I am seeing many forex brokers are providing demo accounts with BTC trading markets. Crypto traders can make use of them to sharpen their trading skills.

Demo trading account is important and can be considered as required for those new comers in the cryptocurrency market. Demo trading can help us to be familiarize on hot the market moves and works. I think I use demo account for 4 months before I put a real money in exchange. Yes it helps me and it is the reason why I have winning rate in trading. There are a lot of resources of information about trading and we can find it through internet, but before we absorb it make sure that it suits our personality and characteristics as a trader.

dunfida

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Quote from: Triffin on July 20, 2020, 02:57:26 PM

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Quote from: SacriFries11 on July 19, 2020, 12:40:11 AM

Quote from: suryapro on July 18, 2020, 12:05:27 AM

Books is good for learning, people that understand English and wish to start trading should check the book to learn and know more about trading. Thanks for sharing.

Yes, I still prefer to learn by reading books rather than reading in pdf format. I don’t really fan of reading about stock market even there are aspects that are the same as crypto trading. I prefer to read books and pdf files in pure crypto trading subject form. It confuses me sometimes in some terminologies in these two. You can also watch video series about crypto trading in youtube and some websites that give free tutorials and how to perform different signals. It will help you to learn a lot about trading and some traders give some advice in the newbies where to start and how to overcome different situation that might encounter throughout your journey in trading. I’m currently learning a lot from these traders and it helps me a lot and sometimes they give motivational advice.

I accept as true with you I also learned to trade by watching PDF files and video tutorials but was ready to gain ideas after most blogs. I prefer to read tons of blogs not only within the case of trade but also in other websites to assist you to get a basic idea.

Exactly we can have so many blogs about trading as daily trader use to share on their YouTube channels I consider it such useful way to collect informs about trading. We can comment to ask any question related our problems in trading. There are so many books as well as recently I saw an article on my Facebook account and I found it such informative the same way from market we can get books related trading.

There are lots of various sources on where you can get out valuable informations that will help you out on learning up trading but i do much prefer on watching videos rather than reading up long pile of text.Yes, they are still helpful but it would be better if you do see it actual on how its been done.Its a matter of preference though as long you do able to take grasp on thing on how you do able to
learn them up its up to you.All of resources that are needed for you to learn can really be found here in the net.It will just depend on the effort and the time you would spend on learning up on things
and lastly, it wont be complete if you dont make yourself engage through trading via experiencing it.

FanEagle

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Quote from: coinfinger on July 19, 2020, 10:51:45 AM

the important requirement for becoming pro trader in crypto space must be practicing in demo accounts. Just learning from materials cannot get you all skills for profitable trading. You must test your skills against live market so that you can take decisions perfectly under market pressure in live markets with your original capital.

But you cannot directly enter into demo trading; it means you must learn from books and then you can start trying in demo accounts. Still I agree, just learning from different materials and youtube videos will not help any trader to make profits in this highly volatile crypto markets. People are just learning and then directly entering into live market and this is the reason they are not able to finding themselves profitable in crypto trading.

When they are finding time to practice even in live market but with the least capital then they will become profitable when they are increasing their capital. I mean that you do not need a specialized the demo account but you can make your live account into demo mode by decreasing the capital into the least possible for making trades.

I am seeing many forex brokers are providing demo accounts with BTC trading markets. Crypto traders can make use of them to sharpen their trading skills.

Topic: A good book to learn how to trade. - page 3. (Read 1186 times)