Bitcoin Forum

I want to get more educated in trading and I learned a lot of it with youtube here on forum etc. But I want to get on another level and I'm in search for literature. Maybe there is another topic about it so please send the link for it too. All suggestions are welcomed.

Most popular ones are "The Intelligent Investor" by Benjamin Graham it has solid foundation in value investing and emphasizes the importance of managing risk, very worth for new traders to learn the fundamental.
Once you familiar get get strong with the fundamental, you could start read "Technical Analysis of the Financial Markets" by John J. Murphy, it provides study of charts and other market data to identify patterns and make trading decisions.

It's also important to practice trading to the market live and join trading communities to learn from other traders.

You can use this website https://z-lib.is/ to search and download all the trading tools in pdf files for free. I can’t recommend you specific books because it vary on what indicators you want to focus. That website store a lot of trading books that will be helpful for you.

By any chance, Do you try enrolling on free trading course from Udemy. They have some good trading courses in there that will save you time instead when you read books manually.

Cryptocurrency and stock market trading can be complex, but several invaluable resources are available to help traders get started and stay informed.

With a couple of Google searches, here are some of the best books available to help you learn the ins and outs of trading cryptocurrency and stock markets:

1. "Cryptocurrency Trading & Investing: Beginners Guide to Trading & Investing in Bitcoin, Alt Coins & ICOs" by Aimee Vo
https://www.amazon.com/Cryptocurrency-Trading-Investing-Beginners-Bitcoin/dp/1721581634

2. "Cryptocurrency Investing Bible: The Ultimate Guide About Blockchain, Mining, Trading, ICO, Ethereum Platform, Exchanges, Top Cryptocurrencies for Investing and Perfect Strategies to Make Money" by Alan T. Norman
https://www.amazon.com/Cryptocurrency-Investing-Bible-Blockchain-Cryptocurrencies/dp/1979688362

3. "Cryptocurrency: How to Make a Lot of Money Investing and Trading in Cryptocurrency" by Devan Hansel
https://www.amazon.com/-/es/dp/B078Z3SXMK

4. "Cryptocurrency: The Ultimate Guide to the World of Cryptocurrency and How I Became a Crypto Millionaire" by Mark Bresett
https://www.thriftbooks.com/w/cryptocurrency-bitcoin-ethereum-blockchain-the-ultimate-guide-to-understanding-the-cryptocurrency-revolution_mark-bresett/18773024/#edition=20022862&idiq=25779059

5. "The Crypto Trader: How Anyone Can Make Money Trading Bitcoin and Other Cryptocurrencies" by Glen Goodman
https://www.amazon.com/Crypto-Trader-trading-Bitcoin-cryptocurrencies-ebook/dp/B07RQTJ16G

Honestly don't waste your time. Just go on Youtube and learn basic TA. If you are still interested you will need to learn how to trade yourself with grunt work using a demo or small account.

The only books I liked were "Reminiscience of a Stock Operator", it was very entertaining and "Trading in the zone" which is mostly about trading psychology. You should read that book because it will prevent you from blowing up your entire account in 1 day due to revenge trading like most people do.

I recommend "Trading in the Zone" and "Atomic Habits".
This two is the most suggested books by our Coach to be read. He reads many books but that two is the best. In trading, we don't to have analyze only the market but with proper mindset also. That two books is what you need.

I have a link that includes trading books and also almost all guides for trading like FA and TA. Check the link below

- https://github.com/SpiralDevelopment/Awesome-Crypto-Trading

I don't know why others still didn't know this it also includes all tools free and paid.
If you learn from that link I suggest try the trading simulator under that link free and back testing tool to test if your strategy will work.

Thanks for all suggestions I will keep on grinding and learning now.

There are many good books you can buy and start your learning journey, which will provide you with the correct instructions and preparation, regardless of your level of knowledge, through Amazon & kobo.com. You should choose books with positive reviews and books by authors with long experience in trading and investing in cryptocurrencies, and get to know all the details about them, their professional and educational lives, etc.

I highly recommend the following books, but don't forget to do your research before purchasing and reviewing reviews.  

1- The Crypto Trader: How anyone can make money trading Bitcoin and other cryptocurrencies.  [Amazon] (https://www.amazon.com/Crypto-Trader-trading-Bitcoin-cryptocurrencies/dp/0857197177)

2- Cryptocurrency Trading & Investing: Beginners Guide To Trading & Investing In Bitcoin, Alt Coins. [Amazon] (https://www.amazon.com/Cryptocurrency-Trading-Investing-Beginners-Bitcoin/dp/1721581634/)

3- Cryptocurrency – A Trader’s Handbook. [Amazon] (https://www.amazon.com/Cryptocurrency-Traders-Handbook-Complete-Altcoins/dp/1982952113/)

4- Cryptocurrency Trading Strategies For Beginners. [Rakuten Kobo] (https://www.kobo.com/ww/en/ebook/cryptocurrency-trading-strategies-for-beginners)

If you want free resources and do not want to pay money, you have YouTube, popular blogs in the field of crypto, and forums that offer courses, blogs, and videos.

Another place where you can find interesting trading books is going over there on YouTube and search for some audio books like trading psychology, Naked Forex and so many other interesting Audio books out there about trading, and in case you find listening to them to be more helpful to you, download and listen to them for free as well.

Well I think reading reading on trading isn't the best way to go. Trading is practical and not based on luck. Anyway you can check on babypips.com. You can learn more and get practical steps on trading because it gives you graphics on the market and candles. I support little reading but more practical work on trading. If you are scared of live trading, then you learn with demo that will build you more.

What do you mean by literature? Do you mean the philosophy behind trading? And how will this benefit in developing your trading skills, given that it talks about a background far from technical analysis.
In general, trading is great and focusing on what you want is the best. Bitcoin trading is considered the most difficult due to the difference in how the market direction is determined.

Because it is difficult to predict market directions and predictions can not be always correct. Having plan B is very important in trading. With good plan B, traders can exit the market without big loss.

Plan B can be closing position with same entry price and accepting minor loss in trading fee.
Plan B can be closing positions with cut loss order or stop-limit order and accept loss to wait for other chances later.

If a trader does not have any plan B, soon he will be punished by the market.

I have never used book references as trading lessons, now I use YouTube as a learning tool by looking for various kinds of trading video lessons starting from the basics. there will be lots of videos on YouTube that are available for free, it's up to you how you want to learn or not. and also there are many more popular videos on tiktok, and there are also short videos explaining various trading techniques. and to learn trading is not just theory, you can immediately apply it using tradingview with a variety of tools that can be used and combined.

here is a tiktok account that you might be able to follow, because he explains some of the crypto trading theory quite well
https://www.tiktok.com/@johnny_crypto

I've heard positive feedback about free Tasty Trade courses (learn.tastylive.com) although I've never taken them myself. Take a look.

Try to look on your local bookstore, I’m sure there are trader in your place where you can buy their book at a cheaper price and you can easily understand the terms since you have the same language.

Anyway, the rules in trading are the same regardless of its content, and its good that you are leveling up your way of learning, I also suggest to attend some seminars about trading, you might also get more knowledge their and use it for your trading activities. This is a long process of learning and I wish you success here.

Reading books are very traditional and still provide the best knowledge.
“The new trading for a living” is a good one, though its not about crypto trading but still talks about trading.
Try also the Swing Trading by Daniel Kusmich it might help as well. Personally, i don’t have much time now to read books and I prefer now to learn online especially on Youtube where you can follow their pattern on the chart and experience it for yourself, anyway I know this is just an added information to you so keep going.

Honestly, knowledge is the power of success and anyone seriously need it, if truly anyone want to succeed.

According to your statements, you have learnt a lot from the forum and YouTube and you wish to go to the next level. To advance, one must not only read numerous books but also apply the little one they have learnt. Many people, in my opinion, learn more and go to the next level by building on what they already know and applying what they have learned. This is what leads them to the new level. As a result, consistent practice is the best way to learn more. As a result, trading is what we need to learn more about, but I believe practice will help us get there very fast. So don't waste much of your time in only reading trading books but reading books is also good but not all the time.

Well learning from youtube and other sources is good and did me good but I know I have holes in various places. I feel like I know some things in such a details and others I dont know the basic stuff. So I plan to focus to understand all the basic stuff then go more into details later. And I'm searching more trading based stuff not philosophy behind trading and so on.

Well anyone wants to succeed in life but the problem is that not all are like the OP who are truly committed. I can feel that the OP already learned a lot from the sources that he mentioned but he is still hungry for more information. I like that attitude. He only didn't mentioned if he already applied the knowledge that he learned but he better do it first because how will he know that he already improved or not? Or maybe he already do it and found out that his knowledge is still not enough yet, and that is why he was looking for more.

I agree on the last part that you said. Books can only give us a hint or they can only provide definitions to the terms that we don't understand, but the rest are not taught with it. It's about us who discovers it.

I'm trading and learning from experience but I would like to rise my success rate. If I have (example) 52% win rate on trades, making it 55% can bring so much. Maybe 3% isn't much but at long run it will mean a lot. So constant improvement is something that I look for.

How do you think reading a trading book can help you advance even farther? It's not likely, in my opinion. You'll observe that applying knowledge from books to actual life is quite rare. You can learn from the text without a doubt, but implementation must occur in the actual. In order to improve the level, you must learn from you. How? Just put in more effort in real-time trading research. To understand the problem, trade more with a tiny quantity. Develop your patience by practicing it. So, you would benefit and gradually advance one level.

What i will advice you is that, since you have make several research concerning trading via YouTube i will advice you to learn manually through practicing of trading with little amount of funds so that through that you will develop your own skill of learning of trading. And one thing about trading education is consistent learning. Because it's through your errors.

Well if you don't mind I would want you to download corporatefinanceinstitue.com/resources/ebook or you search on "The complete guide to trading" using your Google search engine.
But one thing about trading is that it's class never ends, don't just assumed that after reading some book and guideline shared here that you are now an expert. It will never work that constant practicing with Demo will at least give you more ideas on how to sail on your trading journey.

It's better of learning trading manually since it has already learned from the YouTube video, and if the person in question don't want to learn through manual from any one, it can use a small capital to trade and use the Lost experience during the trading as a means of development or developing more in trading, secondly many people today who are experts in trading acquired the knowledge through online YouTube and personal practice of learning.

This is very good collection and I think most of them doesnt know about it because most of them do not go around "github" bruh. It's cool you already shared it here and hopefully everyone will go through the thread to keep an eye on such valuable content. I like the idea of reading books for trading but sometimes it is more of practical application as compared to the theoretical knowledge. OP can always start with free trading account on hundreds of platforms out there who are willing to teach the clients on perfect trades. Obviously I am with both the approaches.

However as suggested in the above post, there are plenty of such tools which can let you understand more about the TA. In the process do not forget to ask questions on the forum itself where you can take leap by having perfect solution if you ever get stuck in a TA. Let us say, plotting a perfect graph to understand futures! Good luck dude. :)

They're top 3 selling books online for everyone, whether a beginner or a pro. In no particular order, the are
1. Market wizard and new market wizard, in here, you can find interviews with some of the successful traders of the past century like the founder of Tudor investment corporation in person of PAUL, TUDOR JONES.
Both books were put up together by Jack Schwager.
One of the best ways to learn anything, whether a skill or an occupation is usually under the mentorship of one with a better experience.
Jack Schwager's books gives this opportunity to go under their mentorship even without having direct communication with any of them.

2. Reminiscences of a stock broker, they're attempts on the biography of one of the most famous investors in the stock market, Jesse Livermore. It was written by  Edwin Levefre and is an embodiment of wisdom to guide you through and into a successful trading experience.

3: The intelligent investor, already recommended by one of us here

Read, Extraordinary Popular Delusions and The Madness of Crowds

It's a very old book with redundant PDFs that you can download from the internet.

It might not help you "get on another level", but it definitely will give you a better understanding of markets, and why it behaves illogically. It's a story about psychology, sociology, FUD, FOMO and groupthink in markets. I believe when done with the book, you will know why Buy the DIP, and HODL is probably the best for plebs like us.

You can read the books suggested by other members but the real experience can be entirely different based on the current market conditions at that time so be sure about it.But yes you can easily learn about the basics and different strategies related to trading through these books which can help you to understand market functioning.So pick up any few of them and read reviews for them.

I think this is the best alternative for books and this is a great addition to learn more on other indicators to master. Thanks for this! I think most free trading courses on Udemy just dive onto the basics, I think it's just for authors to have their own contents and to get students to enroll on their paid courses.

I know I am repeating myself with regards to this subreddit, but so far, this is the only trading resources I have seen that has substance and with no BS. Although their strategies seems to focus on stock trading, it is still applicable in terms of crypto^[1]. They also have an organized wiki that everyone can read especially for starters.

[1] https://www.reddit.com/r/RealDayTrading/comments/rcnfdp/any_advice_for_those_looking_at_day_trading_crypto/htp0r1b/?context=3
[2] https://www.reddit.com/r/RealDayTrading/wiki/index/

Hope this helps.

Thanks for tips and info, will check it when I find a bit more time.

Actually reading those books suggested by some people will help to understand the basic things of trading, but the problem is that how consistent and conscious is the op to learn and comprehend of trading, some people do learn trading and understand perfectly without online tutorial which i know quite well, so i believe that trading have something of time before you can be able to make out your own profit.

I recommend you read:

Richard Wyckoff(ALL)
Jesse Livermore (ALL)

For investment:

Warren Buffet(All)
A Random Walk Down Wall Street (Malkiel Burton)

Those to begin with, surely there you will understand many concepts that are applicable to any market, be it the Bitcoin market or any market such as forex, stock market.

At first you can see that there are many, but when you dare to read them you will feel very good because you will learn many things in a short time, what I like about these books like those by Wyckoff and Livermore, is that they tell what they lived through and how they took their decisions in the face of events very similar to those we have experienced.

Yes this site is a very potential for trading learning. This website is very popular and I downloaded read many pdf from here and learned something from here for several days. And I have also shared this site link to several of my friends.  After seeing this site link here I am confirmed that it is a good rated site. op can follow this website to read about trading op will be able to get some good knowledge from here

Recommendation of books might seems like pulling a trading to anticipated the same trading strategies you used but the information can be shared among newbies who are aimlessly searching for answers to their problems in trading. It's not all about links but a complex trading PDFs that categorized every section of trading into small and understandable parts. Choices are different and books varies but all the same, it's really a good site to research crucial information circulating all the basis of trading. Learning never ends, we learn daily and practice makes perfect, we improve because we learned from day to day activities and terrible experience or mistakes urges us to be careful next time inother not to repeat the mistakes.

There are a lot of books available but trading is learnt from the market and it's first hand experience not through reading books. You can learn about indicators from YouTube too so why spend money on a book that you will never read again?

Basics of trading is enough to run the spot trades and anything other than spot trade are gambling - as a new entrant you would be happier and safer with spot trading.

Please don't get that idea that reading books on trading will make you an expert in trading. They won't and that is why there are so many losing traders.

I can suggest some books that i personally read and learned from
1. market wizards
2. reminiscence of a operator
3. pit bull: lessons from wall street's champion day trader
4.trading in the zone
5, disciplined trader

the trader can be profitable even if he is only 30-40% right in trading
all is to do in trading is controlling emotions fear, greed etc.
these last two books 4th and 5th will teach you discipline which is key to follow your rules.

Actually there are lots of books for trading if you want to look for them on the internet and also on YouTube, and you can also learn a lot about trading without having to have a book. And most importantly you want to do it, read and also assess every thing you find in trading so you can rely on it.
and my most important advice is, you know the basics of trading science and do direct practice in my opinion much better than theory because with direct practice you can easily find important things in trading for you to know because you experience it and are only looking for and fix the flaws.
do it with very little capital or use cold money to do it and do it consistently while studying your journey to find what you want and what works for you in trading. Because if we learn from books or other people sometimes it doesn't match what we want and the book or whatever is only a bridge or addition, because we will immediately look for weaknesses or strengths to fix. And also something that already exists within us comes out, because of the enthusiasm and also the effort learned during the journey.

A book or an article only acts as a guide to a customer in the right direction.  But trading books will never guarantee anyone's profits.  Everyone has their own strategy to earn profit. But some potential books provide a trader with proper trade guidelines and traders complete their trades through their own analysis from knowledge gained from books or other medium. this site also play a potential role for guide a newbies traders

Market Wizards and Reminiscences Of A Stock Operator are very VERY good books whether you want to learn about trading, or if you're just looking for a good book to read during a boring afternoon. Both are good recommendations for newbies. Market Wizards is written in an interview format, while Reminiscences Of A Stock Operator is written in a first person point of view. Both books give the reader practical knowledge based on real experience.

How long have you been doing crypto trading in this field? year? There are people I know who have attended Forex and Crypto trading seminars several times and ended the session 5x even though the fee was expensive.

     But later it seems that no one has learned, that if I listen to what they remember and what they wrote, it's just basic and the others have an in-depth explanation. That's why I said there is a big difference between theory and actual trading that you experience yourself. I didn't even have the experience of reading books about trading but I somehow learned through my experience.

I have attended paid and free, then sell you something later, trading seminars. They're just the same content you can find for FREE from the internet. Those "seminars", especially seminars during the bear market, are just there to get your fee for their own profit. I don't believe those who teach in them are real traders who are part of the 10% most profitable, which is where everyone should be to trade professionally.

You need to take some of the opinions people had been sharing in this thread and make sure you are not being carried away by them. There are different books on trading depending on what level you are as a trader so you need to search Google and select the one that would be best and comprehensive for us to read and understand quickly.
Trading is very technical and it needs a lots of work for you to get to the kind of level you are aspiring for if only you prepared yourself and get ready for the challenge you are going to face while learning.

Best trading books of all time.
How to Day Trade for a Living. ...
Day Trading For Dummies. ...
Day Trade Online. ...
A Beginner's Guide to Day Trading Online. ...
Day Trading QuickStart Guide. ...
FOREX TRADING. ...
Day Trade Online. ...
Option Trading in Your Spare Time.
https://bookauthority.org/books/best-selling-online-trading-books


Overall, everything you do need could be actually find on internet, it is really just a matter of research though but if you are
really that in literature then reading books is something that interest you more which its up to someones preference.