BEGINNER TRADING BOOKS TO READ. | Bitcointalksearch.org

South Park

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Quote from: josephdd1 on November 06, 2019, 02:05:22 PM

Stay away from trading books, the vast majority of these are geared towards traditional markets.

Cryptocurrencies, on the other hand, do not move anything like traditional markets. They are incredibly volatile, massively susceptible to manipulation and largely driven by investor sentiment.

Learn the fundamentals, then get on youtube and look at some crypto chart formations before you dive in.

I disagree, the volatility of the market of cryptocurrencies is higher but the advice you read about what works in traditional markets still apply to this market with one exception, it has been known that for technical analysis to work the asset you want to trade needs to have enough volume otherwise it can be subject to manipulation, this means you cannot trade icos or low volume coins with technical analysis but you can trade the rest of the coins as you would trade any stock.

Kambal2000

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Aside from reading books from experts, it is good to watch tutorials as you can see how the trade live, and also attending seminars will help you improve your confidence, help you increase your knowledge and understanding, will also help you to be inspired as those who are conducting an event will guide and inspire you for what they overcome before they become experts.

Wexnident

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You could also try some trading simulators online. Though don't take the entire experience as for real, at the very least, you should be able to know what to expect. Plus, I honestly believe that experience is the king of teachers, so if you're learning how to trade, learn how to accept a loss at the very least. If you're trying to lessen that loss when you first start trading, If you have any specific questions, just ask here but I'd rather start trading first after learning the very basics so I at least know the experience. Plus, Trading in crypto market and other markets could be quite different, so I'd advise staying away from books that don't have any details regarding what crypto is.

Immakillya

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A demonstration and videos on how to read trends will give much better trading strategy. There's tons of it on YouTube. And try other trading demo which you can find on google. It's free and reliable. Books are good too. But you're lacking on experience and vision on how things work in trading cryptocurrency.

rodel caling

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Try to start learn using investopia just research into google, I'll make sure wiith you op you can get a lot of knowledge how to trade. Second option I suggest with is bunary option(http//binaryoption) for basic trading school and guide and beside from book there have an fast and easy to understand how to trade watch videos in youtube.

Harlot

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If this involves trading cryptocurrencies only. I would advise you to skip books related to fundamental analysis as it has barely any use in the crypto market. FA is about finding the fair value of an asset and simply there are not enough fundamentals for most of the coins available in the market to determine what their fair value is. Things such as EPS, DPS, EV/EBITDA are something cryptocurrencies don't have since they don't have any financial performance backing them. TA is a much more reliable approach when it comes to you on preparing the crypto market, although you have to remember that we have a more volatile market so if you are looking to make some quick cash TAs regarding to day trading is something you want to consider as well.

dunfida

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Quote from: K_os on November 05, 2019, 12:59:00 AM

If you know of a good book on trading, fundamentals, T.A. Please let me know the Youtube videos always want me joining there small group of traders that feel like a scam.

I been looking at videos and reading books for months, thought I check out what worked for crypto traders.

It doesnt really need for you to read up books for you to start up on trading.Learn up the basics first which it do have some courses for you to follow progressively.
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josephdd1

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Stay away from trading books, the vast majority of these are geared towards traditional markets.

Cryptocurrencies, on the other hand, do not move anything like traditional markets. They are incredibly volatile, massively susceptible to manipulation and largely driven by investor sentiment.

Learn the fundamentals, then get on youtube and look at some crypto chart formations before you dive in.

Ailmand

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You should try the search button of this forum there had been a lot of posts and ideas and resources shared in this forum that I had came across to a few months back. There are online resources or soft copies of bookies you can download online about crypto trading, don't get scammed on joining groups that would promise to teach you trading and ask for money. There tons of free resources in the internet, you just need to look for them.

harizen

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Quote from: K_os on November 05, 2019, 12:59:00 AM

I been looking at videos and reading books for months, thought I check out what worked for crypto traders.

If you are looking for months now, you should already found one that might be helpful to you or you encountered it by now but not interested in the content.

And those guides are for reference purposes only. You are the one who will execute the strategy. So basically, all books and videos you read and watched already are useful (except those you consider as scam promotional videos) and the only concern now is, how will you execute it properly.

Several months have been passed. I believed you already know what to do regarding your concern. Keep in mind those basics and start doing the actual trade.

South Park

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Quote from: sheenshane on November 05, 2019, 02:21:21 AM

Why you need a book to study in trading, we have an internet that easy to browse what you are looking for. Also on this forum, you will learn via reading and I believed Wall Observer thread for Bitcoin prediction will give you some ideas in studying of Fundamental and Technical analysis.

Because books in general are a great way to learn, learning using Youtube can be great for some but I find that to be extremely slow, it takes 10 minutes for the ones doing the explaining to make their point when that same information could take you a minute to read in a book, also books can explain in detail why whatever strategy that you are trying to implement works on the long term, besides while the Internet is a great place to learn there is also a lot of misinformation you need to filter.

NathanJB

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Quote from: K_os on November 05, 2019, 12:59:00 AM

If you know of a good book on trading, fundamentals, T.A. Please let me know the Youtube videos always want me joining there small group of traders that feel like a scam.

I been looking at videos and reading books for months, thought I check out what worked for crypto traders.

Books are great resources to get to know crypto trading more. But it is the harder way. I haven't read one myself. I know of a handful of people that are almost full time traders. If I am not mistaken, I think they are not reading books. I guess practice makes perfect. They studied a lot of tools and how to use them. I think it also adds that they are so into it like they are focusing on it 100%. It also helps perhaps the fact that they are also into forex and stock trading.

The internet has full of recommendations though. Just read their reviews first.

watergold

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Reading book trading is that sure ??
What is said @sheenshane is also true on the internet is still wide to find out about trade technical analysis Moreover, this forum still talks a lot about trading, I think you should not be lazy to explore this forum, I'm sure you haven't fully found the best trading methods.

sheenshane

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Why you need a book to study in trading, we have an internet that easy to browse what you are looking for. Also on this forum, you will learn via reading and I believed Wall Observer thread for Bitcoin prediction will give you some ideas in studying of Fundamental and Technical analysis.

Anyway, try to visit this link they are selling books related to trading, https://www.amazon.com/Cryptocurrency-Turned-Trading-months-Secrets-ebook/dp/B073SH7MMX. I don't know if amazon is secure please to go.

K_os

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If you know of a good book on trading, fundamentals, T.A. Please let me know the Youtube videos always want me joining there small group of traders that feel like a scam.

I been looking at videos and reading books for months, thought I check out what worked for crypto traders.

Topic: BEGINNER TRADING BOOKS TO READ. (Read 210 times)