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Author Topic: A good book to learn how to trade.  (Read 1142 times)
melissacarter
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October 29, 2021, 05:51:30 AM
 #121

Reading books and material is very good for trading. However, real learning comes from applying what you read. I prefer small videos over books because they cut unnecessary content. Quality is a lot more important.
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October 29, 2021, 07:38:22 PM
 #122

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.

You know, a book is always good, but a real trader doesn’t have time to read such books, a real trader goes through this thorny one, even if he works for hours on the stock exchange and gaining his skills and abilities in practice, I think that the key to success for any trader is not theory but practice itself, these hours of reading a book can be usefully converted into hours of trading on the stock exchange and gaining practical experience.
Both are necessary but it worries me you think so little about the theory, the whole point of reading books about trading is to minimize the mistakes you can make, technically you can learn everything on the go as you trade but why lose several trades in a row in order to learn a lesson when you can learn the same lesson in just a few minutes by reading a book? That is where the value of the theory and the books really shine as you will know what to expect and you will be ready for the most common scenarios the markets can throw at you.

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October 30, 2021, 11:38:23 AM
 #123

The only good methods for the traders to earn here in the cryptocurrency is the "Experience in Trading" whether you win or lose
at least you have encounter of any of it. Because, I do believed that all experts achieved their success through this thing for sure and
I had no doubt about it.

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October 30, 2021, 04:23:41 PM
 #124

It is a quite nice habit of getting some knowledge about the trading, because through books you can learn a lot of things which was never in your mind before and can be attainable for your profit, but the way you are going to take through your trading should be very consistent and can be approachable to your target, then only you will achieve success.
You need to be more precise in whatever knowledge you wanted to gain, books are good if you aimed for experienced traders who shared their past actual trading participations, those experienced from them who can help you to avoid making mistakes and let you prepared on whatever the market is waiting for you.

Books are a good fundamental. Afterwards, your own experience is the best teacher that will guide you to attain success, even you've read every book without actual participations there's nothing what will benefit you.

On the other side, with actual trading you'll see how things works and how you will manage to perform every learning that you gained from books or videos that you watch and read.

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October 30, 2021, 07:32:23 PM
 #125

Reading books and material is very good for trading. However, real learning comes from applying what you read. I prefer small videos over books because they cut unnecessary content. Quality is a lot more important.

Being in the field is the real thing then after that you can talk with experience. If we only do book reading, the trade will swallow up everything we have when we go in . Like you said it is better not to only read but to try out the real thing which is trading. Watching trade videos on YouTube is also not a solution alone but to trade. When we trade there is another experience that comes to it because it is real money and not rhetorics of trade. Emotions and just watching or reading won't give same action to trade.
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October 31, 2021, 12:20:41 PM
 #126

Reading books and material is very good for trading. However, real learning comes from applying what you read. I prefer small videos over books because they cut unnecessary content. Quality is a lot more important.

Being in the field is the real thing then after that you can talk with experience. If we only do book reading, the trade will swallow up everything we have when we go in . Like you said it is better not to only read but to try out the real thing which is trading. Watching trade videos on YouTube is also not a solution alone but to trade. When we trade there is another experience that comes to it because it is real money and not rhetorics of trade. Emotions and just watching or reading won't give same action to trade.
it is true that trading is an action, but theory is like reading a book that becomes our basis for taking action, the more transactions we make, the more experience we will gain, the more experience we will automatically be able to feel the market movements that will occur, and it happens like a natural, because we seem to always learn from the market
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October 31, 2021, 07:48:10 PM
 #127

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.
A book like this is going to take a long time for anyone to finish it. Anyways, trading is all about having patience, and if you can’t have patience then you wouldn’t be able to learn anything about trading and succeeding in it is going to be a really huge problem. But, then why it may be a problem for a lot of people is because a lot of them are not used to reading too much these days, people prefer to just watch videos and learn whatever it is that they want to learn than having to choose a long read, especially one that has over a thousand pages.
Issa56
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October 31, 2021, 09:30:43 PM
 #128

Reading book is very useful because it allows you to have the basic knowledge about trading but I believe having experience is very important which you can't get from reading a book before you can have experience you have to start trading yourself and from there you will know the type of trading pattern that works for everybody but you reading a book is also important too.

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South Park
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November 05, 2021, 09:54:45 PM
 #129

It is a quite nice habit of getting some knowledge about the trading, because through books you can learn a lot of things which was never in your mind before and can be attainable for your profit, but the way you are going to take through your trading should be very consistent and can be approachable to your target, then only you will achieve success.
You need to be more precise in whatever knowledge you wanted to gain, books are good if you aimed for experienced traders who shared their past actual trading participations, those experienced from them who can help you to avoid making mistakes and let you prepared on whatever the market is waiting for you.

Books are a good fundamental. Afterwards, your own experience is the best teacher that will guide you to attain success, even you've read every book without actual participations there's nothing what will benefit you.

On the other side, with actual trading you'll see how things works and how you will manage to perform every learning that you gained from books or videos that you watch and read.
There are things that can be learned from the books completely, some others that can only be learned from practice and others that require both, trading is the latter option, you need a combination of learning by acquiring some knowledge from books or other traders and then practice the skills you have learned, unfortunately in my opinion too many people disregard the option to learn from the books thinking they can learn everything they need to know while they trade and this is simply a dangerous approach to take in a market as volatile as this one.

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November 06, 2021, 04:26:04 AM
 #130

I agree with that. Reading books will give you the fundamental knowledge about something so I believe reading the book for forex trading will give the user an insight of the basic and steps in trading. But it’s important to bear in mind that we need practical knowledge to be able to digest everything we read from the book and carry them out practically. Trading is more of personal experience than theoretical reading. You read to get the basic information but needs practicals to be an experienced trader.

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November 06, 2021, 08:18:01 AM
 #131

Reading books could also be of big help and we can still be getting ideas from it but the problem is, some of them are outdated means that, it is good to go for online tutorials that are updated. Because when you are in trading, you can't rely upon into one thing but rather to gather ideas from different sources in order to evaluate what it more effective or less effective.
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November 07, 2021, 09:51:59 PM
 #132

To be honest, I am a supporter of the idea that it is better to take information from several sources. At least this way you can remove the factor of dependence of information on the author of this very information.
At the same time you must need practical knowledge rather than looking for learning from books and other resources like videos. Because, learning alone will not get you benefits in crypto trading but you must go for practical approach which is more important as you need to get practiced to market fluctuations.

Those beginners may start with learning from book but slowly they need to enter into to live market with the help of demo accounts.
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November 08, 2021, 04:17:39 AM
 #133

Many investors will learn a lot from this book, to know more about trading and how they can use this book to improve in profit making. This book contain so many strategies traders can use to remain successful through out the year and many more years to come. The book is good for theory and also require for educated people who can take their time and strength to study all the rules and guideline that follow this book .
This book will help you not to experience failure in your trade than to start making profits from your investment any day anytime. It will make you to understand the situation of the market, if it is good to sell or hold at the moment. It will expose so many scammers and how they use to operate in the market for you not to fall victim like others investors.

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November 08, 2021, 04:32:40 AM
 #134

Books are a wonderful source to learn trading. Cryptocurrency for dummies is a good start. However, books are not enough. As a newbie, we should diversify our learning resources and consume quality content. There are some excellent youtube channels.
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November 08, 2021, 08:01:31 AM
 #135

I Think book is beautiful source to learn trading. When you Start trading Then you need to know how to good trade and you need to proper trading skill.You can learn from article books and YouTube videos.And you can learn experienced trader from his/her.For me,Newbies to suggest You can long trem holding and i think You can get good profit from it.
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November 12, 2021, 07:58:24 AM
 #136

I guess the book is bulky in size, try as much to read it sure it will definitely take you time to cover it up but do not mind . The knowledge and information you will get for it will make you achieve alot, what you gain from it can also help other traders who are close to you. Thanks for the information concerning the book I will get it too for my self.

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November 12, 2021, 10:23:35 AM
 #137

I Think book is beautiful source to learn trading. When you Start trading Then you need to know how to good trade and you need to proper trading skill.You can learn from article books and YouTube videos.And you can learn experienced trader from his/her.For me,Newbies to suggest You can long trem holding and i think You can get good profit from it.
I think nowadays we can learn from anywhere and there are many platforms that we can use to learn,
such as Youtube and social media and both platforms can be said to be effective for use as a place to learn,
in today's development when we want to learn we don't need to have a physical book because at this time there are also digital books

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November 12, 2021, 01:15:15 PM
 #138

Have you tried to learn how to work on video tutorials, or something similar?
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November 12, 2021, 06:16:31 PM
 #139

I Think book is beautiful source to learn trading. When you Start trading Then you need to know how to good trade and you need to proper trading skill.You can learn from article books and YouTube videos.And you can learn experienced trader from his/her.For me,Newbies to suggest You can long trem holding and i think You can get good profit from it.
I think nowadays we can learn from anywhere and there are many platforms that we can use to learn,
such as Youtube and social media and both platforms can be said to be effective for use as a place to learn,
in today's development when we want to learn we don't need to have a physical book because at this time there are also digital books
indeed, having videos on youtube can facilitate us in learning, of course it's easier if there is audio visual like youtube. and I think there are many books about trading that can be studied, on the other hand, psychology books are needed to regulate our emotions when trading in addition to books on trading techniques

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November 12, 2021, 06:20:56 PM
 #140

Please follow forex related YouTube channels (I follow ICT nowadays) and learn from them about the tactics used to make more profits instead of losses. Though, I'd like to let you know that the best book to learn trading is not from someone else's mind because they follow their self-made strategy or someone else's and write it down, but that best book is you, your own mind which helps you to learn from the smallest to biggest mistakes as well as what you do extremely well that you believe others can't.

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