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Topic: Any books you can recommend me about trading practices? - page 3. (Read 2122 times)

sr. member
Activity: 658
Merit: 251
It seems that practice and direct experience in trading will provide valuable lessons as it will be sharpened our ability in reading market price movements against coins that we invest. A valuable lesson comes when you practice direct trading, I also keep learning and sometimes I'm having a small loss to get a little profit  Smiley
hero member
Activity: 910
Merit: 502
I could research on my own but i would rather narrow down my research time through you guys. Thank you.
Definitely trading requires a deep market analysis and a good knowledge about the particular coin into which you are about to invest is required. But that analysis could be completed in a week. After that you just need to be patient once you have invested into your coin/coins. I will never suggest quitting trading for time. Time management is not a big deal with trading.
member
Activity: 111
Merit: 10
GeoPin: Blockchain-based interface to the physical
There's not a lot of difference in reading crypto chart and traditional stocks. You can go on Youtube to learn about candlesticks/ basic investment theories
hero member
Activity: 812
Merit: 510
There aren't any particular books on bitcoin trading if they exist they are useless.
I would suggest you not to use these types of books they are only made to fool new traders like you or the strategies written in them are for their benefit only. Try exploring the market it isn't so hard
sr. member
Activity: 994
Merit: 256
I could research on my own but i would rather narrow down my research time through you guys. Thank you.
I think that there is still no good literature on trade in the market cryptocurrency. This market is still very young. And the literature for forex trading is not entirely suitable for cryptocurrency.
I am also searching for some good literature regarding crypto trading but I have reached a conclusion that trading should be learned from your own experiences or from your close friends. Besides too many forums are available whose simple function is to discuss trading problems and solutions just like this forum. You better join such groups.
legendary
Activity: 1652
Merit: 1088
CryptoTalk.Org - Get Paid for every Post!
The following site will give you the basics of technical analysis.

http://www.investopedia.com/university/technical/

Make sure you become familiar with teh charts because lots of bitcoin traders use them. Also be aware that because crypto is unregulated, lots of things go on that don't happen in regulated markets - and for that reason TA dosn't always work, it's just a guide as to what other traders are thinking.
legendary
Activity: 1190
Merit: 1024
First base Foundation, find an online course for economics. If you don't understand economics then you don't understand trade. Start with guns and butter and move up from there. Then, spread out your knowledge base from there. Get your terminology right, and ignore cryptocurrency to begin with. Learn what the actual market indicators are, and learn what things like bubbles are. If you do this you'll be able to have an effective conversation with another traders

There's too many people on this website others that think we're in a bubble. There are specific percentages of rise and drop that indicate the use of a term bubble and the current price changes and one from the past 6 months do not indicate a technical bubble for Bitcoin. Conversations like that are the ones that will get you in with the real traitors and get you ostracized by others. Reading and reading is the key to get familiar with trends in trading.
hero member
Activity: 966
Merit: 506
First base Foundation, find an online course for economics. If you don't understand economics then you don't understand trade. Start with guns and butter and move up from there. Then, spread out your knowledge base from there. Get your terminology right, and ignore cryptocurrency to begin with. Learn what the actual market indicators are, and learn what things like bubbles are. If you do this you'll be able to have an effective conversation with another traders
member
Activity: 110
Merit: 10
LoveMe
Try one of these sir:

1. Extraordinary Popular Delusions and The Madness of Crowds by Charles MacKay
2. The Great Crash by Selwyn Parker
3. Pit Bull: Lessons From Wall Street’s Champion Trader by Martin “Buzzy” Schwartz
4. The Daily Trading Coach: 101 Lessons for Becoming Your Own Trading Psychologist by Brett N. Steenbarger
5. Reminiscences of a Stock Operator Illustrated by Edwin Lefévfre
6. How I Made $2 Million in the Stock Market: The Darvas System for Stock Market Profits by Nicholas Darvas
7. Trend Following: Learn to Make Millions in Up or Down Markets by Michael W. Covel
8. The Intelligent Investor: The Definitive Book on Value Investing by Benjamin Graham
9. Confessions of an Economic Hit Man by John Perkins
10. Chart Your Way to Profits: The Online Trader’s Guide to Technical Analysis by Tim Knight

These books may not be about cryptocurrency but it would somehow give you ideas about trading.
Thank you sir , appreciate your help if it is possible to share links to these books in private .Thanks again
hero member
Activity: 749
Merit: 503
Blockchain Just Entered The Real World
I could research on my own but i would rather narrow down my research time through you guys. Thank you.
The best way for you to become a good trader, I prefer to yoy to watch many videos in youtube to how to trade altcoins and bitcoins. You can leaen there different techniques and strategies.
Important after learned knowledge about trading, you need pratice many more time and get some small loss on market, even big loss.
Because after have some loss, it will give you many experience very useful in the road become to professional trader.
legendary
Activity: 1302
Merit: 1018
Cashback 15%
I could research on my own but i would rather narrow down my research time through you guys. Thank you.
I think that there is still no good literature on trade in the market cryptocurrency. This market is still very young. And the literature for forex trading is not entirely suitable for cryptocurrency.
I would completely agree on this one since trading techniques on forex doesnt really work on cryptoccurency trading but somehow we can able to use fundamentals or basics on forex which it can really help us out even identifying even on the simpliest terms on trading world. Technical analysis would really be a good tool which you can really use up on crypto trading but speaking with literature or books i didnt know one since i do simply search up on google search bar when i do have questions on my mind, all answers are on the internet dude.
legendary
Activity: 910
Merit: 1000
I'm a book worm myself and would really love to go through some trading literature. However, I think there is nothing comparable to learning through experience. You actually have to try trading to see what works for you. You have to go through forums like this to see what people share about their experiences.

I also think that approaches that are brought forward in trading literature get outdated real quick. The trading environment keeps developing hour by hour
legendary
Activity: 1582
Merit: 1059
I could research on my own but i would rather narrow down my research time through you guys. Thank you.

I'm sure there are many technical books out there, but I will recommend you a book about the correct mind posture for trading. It's call trading in the zone. It cover psychological aspects about trading. You should develop strategies in order to stay true to your strategy, not chase losses, and basically keep a calm and objective mind when it comes to trade. Technical books are very important, but you will always fail if you don't manage your emotions, so I think you should invest on this one as well.
sr. member
Activity: 952
Merit: 274
I could research on my own but i would rather narrow down my research time through you guys. Thank you.
The best way for you to become a good trader, I prefer to yoy to watch many videos in youtube to how to trade altcoins and bitcoins. You can leaen there different techniques and strategies.
sr. member
Activity: 308
Merit: 267
i think it would be hard for you for just reading it, actually it best for you if you're going to search on your own and apply it to yourself. what i mean is that you should experience trading, in order for you to experience what's on the blog, book etc. you've read. You can try trading with just low amount to invest since it's just for test and experience what you need to experience like "buy low and sell high" and different strategy and if you're now familiar you can now invest a big amount of bitcoin to start trading.
sr. member
Activity: 477
Merit: 250
Candlesticks, Fibonacci and Chart Pattern Trading by Robert Fischer
Five Waves to Financial Freedom by Ramki Ramakrishna
The Disciplined Trader by Mark Dougles
newbie
Activity: 30
Merit: 0
Thank you guys! Really appreciate it.

p.s did you just recommend Benjamin Graham? Ohh man i forgot about this guy. Will surely check them out.
full member
Activity: 518
Merit: 101
Try one of these sir:

1. Extraordinary Popular Delusions and The Madness of Crowds by Charles MacKay
2. The Great Crash by Selwyn Parker
3. Pit Bull: Lessons From Wall Street’s Champion Trader by Martin “Buzzy” Schwartz
4. The Daily Trading Coach: 101 Lessons for Becoming Your Own Trading Psychologist by Brett N. Steenbarger
5. Reminiscences of a Stock Operator Illustrated by Edwin Lefévfre
6. How I Made $2 Million in the Stock Market: The Darvas System for Stock Market Profits by Nicholas Darvas
7. Trend Following: Learn to Make Millions in Up or Down Markets by Michael W. Covel
8. The Intelligent Investor: The Definitive Book on Value Investing by Benjamin Graham
9. Confessions of an Economic Hit Man by John Perkins
10. Chart Your Way to Profits: The Online Trader’s Guide to Technical Analysis by Tim Knight

These books may not be about cryptocurrency but it would somehow give you ideas about trading.
hero member
Activity: 1092
Merit: 501
I could research on my own but i would rather narrow down my research time through you guys. Thank you.
I had no idea about the books talking about in trading or explaining unto it. The only thing I know about getting knowledge in trading was
you tube, There are some video blog in you tube explaining about in trading discussion, and you can also read always or you can open bitcointalk.org and read most of the time there and click on trading discussion.
sr. member
Activity: 659
Merit: 250
45 Years In Wall Street, William D.Gann

I think its not applicable in crypto trading because that Wall street book is a stockexchange which is a penny stocks or buying a stocks and selling it to people through calls .I don't know only these days how it works .I'ts a waste of money if you bought that .There's a plenty of books around tghe internet search for cryptocurrency.
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