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Author Topic: A good book to learn how to trade.  (Read 1142 times)
lienfaye
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February 20, 2020, 02:17:29 AM
 #41

This is essential if you want to gain knowledge not just in crypto trading but in stock market as well, it can improve our skills to do better and have a wide understanding on this field.

But nowadays books are not just the resources to learn further about trading, its one of those. Many articles, videos and tutorials are available on the internet, plus actual experience is the best teacher to become a pro trader. Books can be use as reference and guide but its a must to not just read but also understand it and apply in trading.

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February 20, 2020, 02:46:16 AM
 #42

I prefer to listen or watch compared to reading. It seems like I have read a book that is the first edition, I don't really like to read because there is a lot that I don't understand if I don't practice it directly or give examples directly through the market. The book is very good but there are some words that are difficult to understands, and indeed for people who are in the middle to upper phase who might be able to understand books and words for stock trading better.

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February 20, 2020, 08:57:12 PM
 #43

Read many books about trading and even if its a thousand page I’m sure you will be more happy to read it all because its about trading and you can have a good knowledge about trading. I bought local books before about trading and I’m happy because its worth it even if its about stock market. When it comes to trading we have a one language to be use whether its for stock market or for crypto trading.
Enjoying reading trading books should not be the main priority but practicing what you have study is a different ball game because emotion will come into play as your money is on the line. Just try to practice what you have studied and only then you will appreciate the author of the trading book.
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February 20, 2020, 09:55:01 PM
 #44

I prefer to listen or watch compared to reading. It seems like I have read a book that is the first edition, I don't really like to read because there is a lot that I don't understand if I don't practice it directly or give examples directly through the market. The book is very good but there are some words that are difficult to understands, and indeed for people who are in the middle to upper phase who might be able to understand books and words for stock trading better.

I'd say it depends. There are a lot of people who prefer to read. There are others who likes to watch videos (like you do). Myself, I prefer both but reading too much makes it boring hence, I tend to fall asleep. My point is, regardless of our learning technique/method, one can still learn how to trade with that book. Infact I learnt trading fundamentals from babypips Education platform. I'm yet to read the book that OP is talking about tho.



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February 21, 2020, 03:49:10 AM
 #45

Books are an honest idea for learning commerce but I feel not all books are often taught later Own knowledge and knowledge are more useful in doing business If you trade your head with intelligence, you'll be ready to control it repeatedly after the book doesn't match reality. Every business person must have outside knowledge which will help the business to grow.

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February 21, 2020, 05:06:52 AM
 #46

Reading book can open our mindset and raise our understanding about something, this one about trading. Most people use you tube channel and community to get knowledge, not wrong but at lest you also need to read because there's secret in there, you can see from the book price. Get knowledge from any sources, practice using demo account and make sure you have plan and disciplines when enter market.

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February 21, 2020, 05:21:43 AM
 #47

Read many books about trading and even if its a thousand page I’m sure you will be more happy to read it all because its about trading and you can have a good knowledge about trading. I bought local books before about trading and I’m happy because its worth it even if its about stock market. When it comes to trading we have a one language to be use whether its for stock market or for crypto trading.
Enjoying reading trading books should not be the main priority but practicing what you have study is a different ball game because emotion will come into play as your money is on the line. Just try to practice what you have studied and only then you will appreciate the author of the trading book.

Yes, after we read so many books, we need to practice what we read so we can get more experience in trading. From those books, we can learn more technique or method or strategy that will be useful for us to trade, and we can have a chance to make a profit. But remember, we can not do what the books said because the situations will be different so we can use different strategy related to the current conditions. The more experience we can get from the practice, the more chance for us to make a bigger profit.

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February 21, 2020, 12:48:54 PM
 #48

I am really lazy now when it comes to reading.  Grin Just being honest. Even if there is a PDF file which can be read in a smartphone.
I would rather drown myself with video training about how to trade rather than reading it all.

Then, I will just add the experience of different people here just so when a time comes that I am in the same position then I will be ready.
They say it is the same as how to trade commodities, well it might be, just different numbers and how hard the fluctuations are.

True!

Anything can be read or view here on the net without the need on getting those books yet you can simply watch a video nor
read up others experiences when it comes to trades and their own ways and strategies which you can possibly imply to your own.
Im not sure if there are books available on net which teaches the basic on how you should trade.Simple google search would a
ready be enough.

And that is why I love it here more than just reading a lot of articles out there.
People here surprises you with good opinion and also with just little paragraphs you will learn a lot from it.

I'd rather do browsing this forum than read a full book.
Before, I love reading those but that is before I knew about what internet is.  Wink
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February 21, 2020, 02:05:13 PM
 #49

I strongly agree that learning from a book can make our trading skills better. Many good books about trading a must read. But I recommend
reading a book called "Trading For A Living" written by Dr.Alexander Elder. The book inspired me to focus on making money from trading.
Actually there are many other ways that can increase knowledge we are for trading. Now we don't have to learn from books, we can get
knowledge from youtube. Now many YouTuber which provides detailed trading knowledge.

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February 21, 2020, 02:21:35 PM
 #50

I strongly agree that learning from a book can make our trading skills better. Many good books about trading a must read. But I recommend
reading a book called "Trading For A Living" written by Dr.Alexander Elder. The book inspired me to focus on making money from trading.
Actually there are many other ways that can increase knowledge we are for trading. Now we don't have to learn from books, we can get
knowledge from youtube. Now many YouTuber which provides detailed trading knowledge.
Books can be an infinite source of knowledge for us to learn about trading but the number of people who can patiently read and refine the good points in the book is probably too small, most of us only see a few pages and then throw the book away at some point in the years, this method is not effective for lazy and impatient people. The knowledge on youtube channels will probably be shorter, they may not provide enough, but this method will focus on the main idea, take less time and practice easily

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February 21, 2020, 05:33:03 PM
 #51

I prefer to listen or watch compared to reading. It seems like I have read a book that is the first edition, I don't really like to read because there is a lot that I don't understand if I don't practice it directly or give examples directly through the market. The book is very good but there are some words that are difficult to understands, and indeed for people who are in the middle to upper phase who might be able to understand books and words for stock trading better.

I'd say it depends. There are a lot of people who prefer to read. There are others who likes to watch videos (like you do). Myself, I prefer both but reading too much makes it boring hence, I tend to fall asleep. My point is, regardless of our learning technique/method, one can still learn how to trade with that book. Infact I learnt trading fundamentals from babypips Education platform. I'm yet to read the book that OP is talking about tho.

We are now in the modern era where some of the people prefer to use technologies such as computers and mobile phones, but we should not disregard the books that's why it's better to use both of them especially if you going to learn cryptocurrency and any kind of trading. They are both essentials when it comes to the knowledge that you need. I'm still a newbie in the field of trading and until I keep on reading various books to help me to boost my knowledge about it. Sometimes I also apply the stuff that I have seen on Youtube but I only risk with a small amount of money.

If you intend to learn various knowledge about trading you should use books and the internet. Always remember that knowledge is a very powerful tool when it comes to this field. Learn and read as you long as you can, and do your best until you fully learn how to trade and don't ever skip the basic steps on learning because once you skip it, I'm pretty sure that you will end up on losing too much amount of money. Maybe I will try to read the books mentioned by other members here.
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February 22, 2020, 06:55:34 PM
 #52

Honestly, I have not read the specialized literature for a long time. You have to use only the BitCointLalk and YouTube forum and other Internet resources for obtaining the necessary information about crypto currency. Of course I have yet defined authoritative authors who write their blogs, the accounts I listen and fully perceive their information.
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July 01, 2020, 05:51:21 AM
 #53

Most of the trading books that I have read is all about stock market, it is hard to find a book that is all about cryptocurrency. Anyway, the information in the books about stock market is also applicable in cryptocurrency market. There are trading strategies that I learned in stock market that I keep using even if I trade bitcoin. For those who want to buy and read books I prefer you the books of Minervini which is trade like a stock market wizard.

It's rare to find a book about trading crypto, that's why we wrote one. Hope this helps Smiley
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July 01, 2020, 01:15:56 PM
 #54

Books are good for increasing knowledge if we want to read them, I like reading books, but now that online learning how to trade can be found when we type keywords, I learn how to trade by reading the experiences of traders and their strategies online. This also added to my knowledge and I applied it.
Reading books is entertaining and useful because it will also help you enhance your understanding but with the use of technology everything is much convenient which means you can easily get a copy of a book by a simple search. Learning online is less hassle but you can't literally assure that every content that you will be seeing is legit. Just like you, i'm also into books because its fun especially during your leisure time. Learning from the experiences of others can also be beneficial because you can be aware of the possible problems or challenges that you may encounter as you continue your trading journey. Their story will guide you like on avoiding doing the same mistake because they will make you realize how hard it is to overcome such problems. Anyway, i'll look forward reading this book because I know it will enlighten me about various of things about trading.

Reading books is good only if you know what you are reading! You don't give hard literature to kids just because they know how to read... If anyone wishes to learn about trading he can use books as help, but first open an account, deposit some money, and when you read you need to know what you are reading about, you need to understand those words you read.
Now if you like reading books you can do it, if you like to watch video tutorials you can do it too... reading others and their experience, good and bad, can be helpful too, it can help you to avoid making some mistakes, or to realize some good things you didn't know about before.

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so98nn
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July 01, 2020, 07:03:11 PM
 #55

Instead of this one can quickly go through modules provided by different broker companies. Trading at crypto and commodity is not much a difference, only one is very volatile other is sophisticated with world dependency. However trading platforms, API's everything goes into the same bucket. I would suggest you to go through quick modules presented by such companies and apply that knowledge here. It's pretty smooth and you can understand the language of trade in no time. Those modules are specifically designed such that any beginner can learn it and any experienced person can regain training on their trading methods. The books are good, but they are not upgraded as the trends are changing however online modules does have upgrades and new experiences added all the time.
DoublerHunter
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July 01, 2020, 07:46:03 PM
 #56

Most of the trading books that I have read is all about stock market, it is hard to find a book that is all about cryptocurrency. Anyway, the information in the books about stock market is also applicable in cryptocurrency market. There are trading strategies that I learned in stock market that I keep using even if I trade bitcoin. For those who want to buy and read books I prefer you the books of Minervini which is trade like a stock market wizard.

It's rare to find a book about trading crypto, that's why we wrote one. Hope this helps Smiley
^ It looks interesting though I can't see the whole content of what you have written, the title gets my interest. "From Zero to Lambo".
People now are most likely to prefer e-book than the printed book. Because e-book is easy to purchase on the internet but the print book you need to wait a few days for the delivery. If you really want to purchase, visit on amazon there are various crypto trading e-books there that probably you will learn how to trade and also strategy in trading how to make passive income.
I had here a list that probably you can choose which better e-book among them, https://bookauthority.org/books/new-cryptocurrency-trading-ebooks.
Latviand
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July 02, 2020, 07:19:16 AM
 #57

The book is really quite interesting, but you need to use the rest of the resources.

There are Ebooks that you can use in order to learn how to trade.

New Ebooks are there once you search it in a Google Search Bar because some of us are very techie when it comes to reading books. Willingness is what you need in order to grow in trading, no matter what platform you use, if the willingness is in you then you will probably become a successful trader someday.

Based on my experience, I learned trading just by seeking some advice to those professional and learn the basic fundamentals in trading and the market. Always remember that platforms have differences but that's not a hindrance for you to help yourself become an effective trader in the future.
Tahsin Kabir Kollol
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July 03, 2020, 06:55:14 PM
 #58

Gaining knowledge about trade is crucial to trading efficiently and profitably. In addition to acquiring verbal knowledge, a trader needs to have practical trading experience. A variety of books and paragraphs provide necessary information for gaining business knowledge in real-life trading. Which helps to trade in real-life trading and make it successful by reducing risk. There are a lot of online-based books nowadays that are written about trading and they give a comprehensive idea about different aspects of trading. These are used on the basis of other trade strategies and types. When it comes to trade, I follow Twenty-One Candlesticks and two online-based books on the Trading Bible. There are many types of online-based books that can be used to suit your needs.

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July 03, 2020, 08:10:51 PM
 #59

The book is really quite interesting, but you need to use the rest of the resources.

There are Ebooks that you can use in order to learn how to trade.

New Ebooks are there once you search it in a Google Search Bar because some of us are very techie when it comes to reading books. Willingness is what you need in order to grow in trading, no matter what platform you use, if the willingness is in you then you will probably become a successful trader someday.
Well, that is right that Ebooks, for now, are very common and the physical paper book has been left behind. I don't understand why there are some people always wanted to buy a book, --despite there are too many varieties of Ebooks that you can choose. After you will be reading a book, perhaps it is occasionally you use but commonly after reading you will keep it somewhere else.
In learning in trading for me, books are not capable enough for me to get idea and knowledge. Watching actual videos on youtube and reading updated news on internet, everything on internet can do learning aside from the book, which book that perhaps there is possible of outdated content.









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Mars,           
here we come!
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ElonCoin.org.
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Lanatsa
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July 03, 2020, 11:26:07 PM
 #60

The book is really quite interesting, but you need to use the rest of the resources.

There are Ebooks that you can use in order to learn how to trade.

New Ebooks are there once you search it in a Google Search Bar because some of us are very techie when it comes to reading books. Willingness is what you need in order to grow in trading, no matter what platform you use, if the willingness is in you then you will probably become a successful trader someday.
Well, that is right that Ebooks, for now, are very common and the physical paper book has been left behind. I don't understand why there are some people always wanted to buy a book, --despite there are too many varieties of Ebooks that you can choose. After you will be reading a book, perhaps it is occasionally you use but commonly after reading you will keep it somewhere else.
In learning in trading for me, books are not capable enough for me to get idea and knowledge. Watching actual videos on youtube and reading updated news on internet, everything on internet can do learning aside from the book, which book that perhaps there is possible of outdated content.

Books are little bit or even outdated but when it comes to basics then they are still relevant to use thats why there are still people who do seek of for these books even nowadays.

Yes, everything can be found in the net with just a simple line of search text about on the thing youve been looking for.Some might be paid ones but majority are just free.

It would just depend on how you to learn from those info and the time and effort would be spent out on learning things.

R


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