MCobian
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July 03, 2020, 11:58:44 PM |
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Incidentally the book about trading that you recommend, I have read it, the contents are pretty good. Provide some information important about trading, but now everything is digital. Including learning to trade now reading books is not popular. I have also started to move from reading a book, to watching a video. Especially the videos on YouTube platforms are very good for looking for information about trading.
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LUCKMCFLY
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July 04, 2020, 04:59:13 AM |
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The books that are focused on technical analysis are good, but the books of the great speculators in the market are excellent because they help you understand the market. Honestly, before doing any technical analysis, I recommend that you read books by Jesse Livermore and Wyckoff, any of them will teach you how to think and how to try to understand the market movements.
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July 04, 2020, 06:06:00 AM |
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OP should realize that trading is more of an experience thing than reading books. You gain knowledge by books but mastery of your emotions by experience. It really doesn't matter if the books you read are on TA or profit taking, once you don't have practical experience your emotions will mess the whole thing up for you. Get to demo trade (even this has its limitation) while reading to test the reality on ground.
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BitcoinTurk
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July 04, 2020, 07:16:35 AM |
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Books are very good resources to learn something. It is absolutely necessary to read books in order to obtain information especially in a wide and detailed area such as the economy. Even though I have not read the book you mentioned before, I want to say that, despite everything, books are not enough alone. It is also very important to translate the information obtained by reading books into practice by practicing. For this reason, when you read such beautiful books, I recommend you to practice the information contained in these books and to increase your experience in this way.
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XZERO1
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July 04, 2020, 09:41:36 AM |
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Don't know about that specific book you are referring to, but I am yet to find a better book than "Technical Analysis of the Financial Markets" by John Murphy, this book came out in 1997 and even though it's quite old it still works in both forex and crypto markets and more importantly it's one of the few books that is easy to understand even for people with absolutely no knowledge of technical analysis.
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imstillthebest
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July 04, 2020, 10:17:35 AM |
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Don't know about that specific book you are referring to, but I am yet to find a better book than "Technical Analysis of the Financial Markets" by John Murphy, this book came out in 1997 and even though it's quite old it still works in both forex and crypto markets and more importantly it's one of the few books that is easy to understand even for people with absolutely no knowledge of technical analysis.
doesnt matter if its new or old but the point is forex market is different from crypto but you said this book can still be applied on crypto ? why just because we are still trading here in crypto same as forex ? people that dont have a knowledge on technical analysis wont understand a book like that easily because trading is not easy but except maybe if the person is genius or have a high i.q , he can adapt things faster thsn a normal individual
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Freddy11
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July 04, 2020, 10:47:13 AM |
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I think in this modern times, it is not really about books but various other ways through which we can learn from. I believe we can learn from YouTube or Webinars. I work with FreshForex, where I regularly participate on webinars and they also have educational setup to help.
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GreatArkansas
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July 04, 2020, 11:48:46 AM |
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I think in this modern times, it is not really about books but various other ways through which we can learn from. I believe we can learn from YouTube or Webinars. I work with FreshForex, where I regularly participate on webinars and they also have educational setup to help.
This will work for some people. But some people are much comfortable reading with books compare to eBooks or watching videos. Even for me, I am much comfortable watching videos than reading books. Since most of my trading knowledges are from articles on the internet or using youtube videos, and I got lot of learnings even watching videos on Youtube about trading.
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leyton11
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July 04, 2020, 12:51:04 PM |
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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.
It was a really good book and I also learned a lot from it. After reading, you should try reading "The new trading for a living" by Dr. Alexander Elder. in it you will read about typical examples of traders who are psychologically unstable. The book focuses on trading psychology and that is the key for you to succeed in the future. Trading psychology really needs to be read and tempered, hopefully you will soon succeed in the profession of traders.
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daneal stev
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July 04, 2020, 01:05:27 PM |
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It is very good to learn to trade by reading some disguised books in this field, but we also need to learn practical and do experiments so that we can get a great experience and for me I have not used any book to learn this field
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FanEagle
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July 05, 2020, 08:12:24 AM |
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I think books on learning something like trading doesn't feel like it requires a book these days. Just like design or coding, trading is no longer on books, sure there are books about it and a million of them but trading is something that changes very fast and there are a million stuff online for free that you can learn from.
I am not saying do not read books in general or books are useless or anything, you should still read books for fun and to educate yourself and become a better human. However not for trading, I would say go online and check out what you can learn from online courses and they will actually teach you better than what you can learn from books. Plus when studying online you can ask questions, you can't ask questions to books which is why they are subpar when you are trying to learn something.
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btc78
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July 05, 2020, 12:12:22 PM |
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I think in this modern times, it is not really about books but various other ways through which we can learn from. I believe we can learn from YouTube or Webinars. I work with FreshForex, where I regularly participate on webinars and they also have educational setup to help.
If this is for free?then why not because Webinar is on of the most in demand way of gathering clients and supporters specially when the pandemic starts to Lock all people inside their houses so there is no other option but Online and this is Webinar is all about. But if we will be needed to Pay just to attend each seminars over Web?then maybe people will stay reading Books to learn. actually even our Church activities now are gathered Via internet Zoom so we can obey in our obligations but not breaking the government rules for no mass gathering.
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bitbunnny
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July 05, 2020, 01:27:22 PM |
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Usually,to a new version of life which means in history we are now in computer age ,I think many of us has already practical and using internet access therefore the majority to read book is through online and particularly in you tube so it's basically much more faster than the oldest style for studying about to trade .But in good process we have to study first before we enter the fields on crypto world as stepping stone to become a good investors.
I can agree that is much faster to search something online or watch some tutorial than to read a book but isn't that sad that no one reads books anymore. Amd not everything that could be found online is trustworthy and helpful. However, because of the fact that majority of crypto users want information fast without efforts there are actually no books or very few about trading. Everyone needs at least basic.information and knowledge about trading and to become a good trader it takes time no matter where and how you get information.
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Assface16678
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July 05, 2020, 02:30:43 PM |
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Reading books is one of the most efficient ways to make more learning and also this is a good thing to increase our knowledge that book suggested by the OP still I've never been read before because I just focusing to bitcoin and the blockchain snd not too much in trading and also I'm not a fan of reading lol not totally but when I'm trying to read a bunch of books it gives me a sleepy head instead also is there something offer like the video it is a good thing too because my eyes getting more excited about the things I watch. Usually,to a new version of life which means in history we are now in computer age ,I think many of us has already practical and using internet access therefore the majority to read book is through online and particularly in you tube so it's basically much more faster than the oldest style for studying about to trade .But in good process we have to study first before we enter the fields on crypto world as stepping stone to become a good investors.
I can agree that is much faster to search something online or watch some tutorial than to read a book but isn't that sad that no one reads books anymore. Amd not everything that could be found online is trustworthy and helpful. However, because of the fact that majority of crypto users want information fast without efforts there are actually no books or very few about trading. Everyone needs at least basic.information and knowledge about trading and to become a good trader it takes time no matter where and how you get information. If you are trying to search online there are a lot of information and the sources does not become reliable and still one of the best way is reading books or watching documentaries if this is real and authentic too.
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monineklutak
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July 05, 2020, 06:33:10 PM |
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many sell trading books in several stores, I've seen it in a shop and I choose and buy, but honestly I prefer to read it on the internet ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) , because ebooks are usually more complete
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TheGreatPython
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July 05, 2020, 08:57:05 PM |
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There is a book that not only talks about the highs of day trading but also the lows of day trading as well which is quite important to learn because you are not going to make a profit every time. It is called the truth about day trading stocks and the author is Josh Dipetrio.
I know it is not crypto or it is not even forex so day trading stocks could look different to you and may confuse you with how it could be relevant to crypto day trading, however this dude talks about the general concept and how there are some good days and some bad days and it is a long process and not a super fast way to make a ton of money.
One day you make 20% profit, the other day you lose 10% so at the end of the day you are not really going super high super quickly, there are periods when you feel "on fire" and get it all right and there are weeks when you feel like you just should stop and quit and never do it again. It is basically an emotional part of the trading world and I would say that anyone who wants to start trading should read it.
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Oilacris
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July 05, 2020, 09:09:03 PM |
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many sell trading books in several stores, I've seen it in a shop and I choose and buy, but honestly I prefer to read it on the internet ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) , because ebooks are usually more complete Books, specially some old ones are really outdated thats why it isnt really worth anytime for you to seek or learn up trading with this one.Yes, there are lots of ebooks in the need or pdf that are much more worthy of your time to read on without the need on spending up some bucks on purchasing those things.Anything can be learnt online if you do have just the time and effort on searching things up. Trading cant be learn in an instant and it would take up years.
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Benefactor
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July 12, 2020, 04:27:28 PM |
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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.
I don't know if there is any option to boost a post here. You need to post good quality here. Before posting here, you should read the rules of the forum well. If you post well, everyone will follow and support you. Learn about the forum and give as much time you can spend here. Welcome to the forum as a new member.
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Renampun
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July 12, 2020, 04:53:29 PM |
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a book: Encyclopedia of chart patterns (second edition). This book is realy good, but it has many pages (1033).
I have not read this book but I am curious about its contents, ... actually, sticking to the book will not necessarily make you a great trader, a reliable trader is full of experience but you can make a book as a reference and step in anticipation and is very important for beginners who are just trying to trade. You must find the right formula for yourself because each book has a different perspective from each author but still uses basic trading knowledge as a reference.
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Katerin05
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July 13, 2020, 11:11:55 AM |
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Of course, this book is for guidance only and should not be used to learn how to trade coins. It's faster to learn here and by another sources.
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