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Author Topic: Any books you can recommend me about trading practices?  (Read 2116 times)
Mimsoo (OP)
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August 13, 2017, 09:37:15 AM
 #1

I could research on my own but i would rather narrow down my research time through you guys. Thank you.
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August 13, 2017, 02:57:41 PM
 #2

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.

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August 13, 2017, 08:13:19 PM
 #3

A good knowledge of technical analysis that apply to forex trading will go a long way in your quest for knowledge of trading crypto currency for it has helped me. I will recommend babypipschool.com for trading technical analysis. You can Google it for more information  but you need to be listening to new and events that may likely affect the market value of bitcoin and crypto currency in general.
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August 13, 2017, 08:27:22 PM
 #4

45 Years In Wall Street, William D.Gann
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August 13, 2017, 11:03:55 PM
 #5

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.

newbie still need learn before trade
if you say no good literature, no need learn , i think is wrong
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August 14, 2017, 01:18:26 AM
 #6

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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August 14, 2017, 01:23:52 AM
 #7

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.
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August 14, 2017, 03:05:27 AM
 #8

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.

Mimsoo (OP)
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August 14, 2017, 03:31:02 AM
 #9

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.
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August 14, 2017, 04:10:24 AM
 #10

Candlesticks, Fibonacci and Chart Pattern Trading by Robert Fischer
Five Waves to Financial Freedom by Ramki Ramakrishna
The Disciplined Trader by Mark Dougles
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August 14, 2017, 08:40:22 AM
 #11

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.
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August 14, 2017, 09:03:28 AM
 #12

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.
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August 14, 2017, 09:09:35 AM
 #13

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.

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August 14, 2017, 02:24:58 PM
 #14

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
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August 14, 2017, 03:13:13 PM
 #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.

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August 14, 2017, 04:04:40 PM
 #16

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.

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August 14, 2017, 04:18:07 PM
 #17

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

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August 14, 2017, 05:12:09 PM
 #18

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

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August 14, 2017, 05:33:12 PM
 #19

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.
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August 14, 2017, 05:36:56 PM
 #20

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.

 
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