A good book to learn how to trade.

[Fredomago]

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.

The very used of the book is see and learned from previous traders who have a good success from this business, they are sharing information so you can use it as reference from each trades that you'll going to execute.

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.

After reading those information from the book, it's time for you to position yourself, the knowledge you learn needs to use inside the exchange and see how successful it is for you.

[tbterryboy]

When I was into Forex trading I tried to learn from books; I had downloaded few books from online and printed them to study and also I have bought 2 books from shops for same purposes. But, I could not recall what I had learned from those books. All my trading skills are from my friend and when they explain some basics along with live market screens, you can easily in 2 minutes learn what 100 pages of a book can get you.

I'm not discouraging to learn from books but I'm just mentioning about what I have experienced in my  beginning days trading. Because, it will be too easier to understand when some mentor will be explaining you what is the concept and how to use them in live market.

Unfortunately most people are not that luckier to get a friend who is also into trading. Because if our friends are professional traders then definitely we can easily get into the level of professional like traders. Learning from friends is more easier and funny as well at the same time it will definitely more effective way because you will remember each and every technique that you learn from your friends unlike what you study from books.

[sheenshane]

I had downloaded few books from online and printed them to study

I think you meant about this is not a book probably that is an e-book that comes from the internet and this is what most likely other traders do than purchasing printed books in bookstores. I have seen different and various e-books and all of them worth it to read even how many times you want, the same with printed paper books. But the difference is you cant read e-books while you don't have internet.

As I can see as of now, upon learning in trading printed books isn't much important to a trader because might the book is outdated. E-books are very popular and also watching tutorial video in Youtube also worth it, you can find it all online.

[blckhawk]

Though I am not fond of reading books, I would really say that it is a good source of knowledge.

Personally, I prefer way more to read few articles online rather than reading a book due to the fact that online has vast amount articles to pick on however in terms of credibility I guess books got that one. Now from what I say earlier, in this case in my opinion: knowledge acquired from books, e-book, online articles or whatsoever would not be enough to fully understand how trading works. Sometimes you need to try it yourself, you should try it in actual for you to able to know what it feels like. Just like on the quote I have read that "experience is the best teacher.".

[bitgolden]

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.

Thanks for your recommendation and I remember that there has been many people have shared about some books which they have come across and learned some good skills out of them. I mean if we keep digging on this forum then definitely we can find lots of such recommendations but I'm not seeing most people are not making use of them but instead of finding themselves some good resources for learning about trading, they keep coming up here and asking about suggestions on good resources to get started with.

In the past I remember I have tried to learn few advanced trading strategies through books but I could not finish it off them completely due to my hectic work schedules. But, I somehow managed to watch many videos which are about different technical analysis and from them I learned few things for making my trades profitable.

[suryapro]

Books is good for learning, people that understand English and wish to start trading should check the book to learn and know more about trading. Thanks for sharing.

[Insanerman]

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 am actually looking for some good Stock Market books or any good lectures about it either PowerPoint or pdf. Glad to see some recommendations here.
 I found some from surfing on the internet but I cannot find any copy of it through pdf, and those books are too expensive.
Just to ask, is the pdf file of the book complete and same as what's on the book?

[Ridwan Fauzi]

We can differentiate a result from when learn about something (in this case trading field) between we use a book as a tool to learn and a youtube channel. Myself more inclined to choose a book because I can imagine when I read every strategies. So as when I understood I can draw in trading view and this knowledge can't be forgotten.

It would be different when we use youtube channel from some trader who discuss a strategy, although we see they how to draw and how to use a spesific strategy but most likely when have seen them we will forget it. Or at least in a few day ahead when we need the strategy back automatically we will see the video. The OP is right, book is very useful for new trader.

[SacriFries11]

Books is good for learning, people that understand English and wish to start trading should check the book to learn and know more about trading. Thanks for sharing.

Yes, I still prefer to learn by reading books rather than reading in pdf format. I don’t really fan of reading about stock market even there are aspects that are the same as crypto trading. I prefer to read books and pdf files in pure crypto trading subject form. It confuses me sometimes in some terminologies in these two. You can also watch video series about crypto trading in youtube and some websites that give free tutorials and how to perform different signals. It will help you to learn a lot about trading and some traders give some advice in the newbies where to start and how to overcome different situation that might encounter throughout your journey in trading. I’m currently learning a lot from these traders and it helps me a lot and sometimes they give motivational advice.

[coinfinger]

I also learned to trade by watching PDF files and video tutorials but was ready to gain ideas after most blogs. I prefer to read tons of blogs not only within the case of trade but also in other websites to assist you to get a basic idea.

Yes, in this Internet era, you can learn crypto trading with the matter of your time and efforts. If you're dedicated enough then definitely you can get all the things you need to master crypto trading from internet. People are not finding enough interest on learning strategies of crypto trading and this is the reason they are looking for other kind of resources like physical books and mentors for teaching them in person. YouTube must be very good resources for learning each and every aspect of crypto trading which includes technical analysis and developing your own trading strategy.

But the important requirement for becoming pro trader in crypto space must be practicing in demo accounts. Just learning from materials cannot get you all skills for profitable trading. You must test your skills against live market so that you can take decisions perfectly under market pressure in live markets with your original capital.

[Triffin]

Books is good for learning, people that understand English and wish to start trading should check the book to learn and know more about trading. Thanks for sharing.

Yes, I still prefer to learn by reading books rather than reading in pdf format. I don’t really fan of reading about stock market even there are aspects that are the same as crypto trading. I prefer to read books and pdf files in pure crypto trading subject form. It confuses me sometimes in some terminologies in these two. You can also watch video series about crypto trading in youtube and some websites that give free tutorials and how to perform different signals. It will help you to learn a lot about trading and some traders give some advice in the newbies where to start and how to overcome different situation that might encounter throughout your journey in trading. I’m currently learning a lot from these traders and it helps me a lot and sometimes they give motivational advice.

I accept as true with you I also learned to trade by watching PDF files and video tutorials but was ready to gain ideas after most blogs. I prefer to read tons of blogs not only within the case of trade but also in other websites to assist you to get a basic idea.

Exactly we can have so many blogs about trading as daily trader use to share on their YouTube channels I consider it such useful way to collect informs about trading. We can comment to ask any question related our problems in trading. There are so many books as well as recently I saw an article on my Facebook account and I found it such informative the same way from market we can get books related  trading.

[FanEagle]

the important requirement for becoming pro trader in crypto space must be practicing in demo accounts. Just learning from materials cannot get you all skills for profitable trading. You must test your skills against live market so that you can take decisions perfectly under market pressure in live markets with your original capital.

But you cannot directly enter into demo trading; it means you must learn from books and then you can start trying in demo accounts. Still I agree, just learning from different materials and youtube videos will not help any trader to make profits in this highly volatile crypto markets. People are just learning and then directly entering into live market and this is the reason they are not able to finding themselves profitable in crypto trading.

When they are finding time to practice even in live market but with the least capital then they will become profitable when they are increasing their capital. I mean that you do not need a specialized the demo account but you can make your live account into demo mode by decreasing the capital into the least possible for making trades.

I am seeing many forex brokers are providing demo accounts with BTC trading markets. Crypto traders can make use of them to sharpen their trading skills.

[dunfida]

Books is good for learning, people that understand English and wish to start trading should check the book to learn and know more about trading. Thanks for sharing.

Yes, I still prefer to learn by reading books rather than reading in pdf format. I don’t really fan of reading about stock market even there are aspects that are the same as crypto trading. I prefer to read books and pdf files in pure crypto trading subject form. It confuses me sometimes in some terminologies in these two. You can also watch video series about crypto trading in youtube and some websites that give free tutorials and how to perform different signals. It will help you to learn a lot about trading and some traders give some advice in the newbies where to start and how to overcome different situation that might encounter throughout your journey in trading. I’m currently learning a lot from these traders and it helps me a lot and sometimes they give motivational advice.

I accept as true with you I also learned to trade by watching PDF files and video tutorials but was ready to gain ideas after most blogs. I prefer to read tons of blogs not only within the case of trade but also in other websites to assist you to get a basic idea.

Exactly we can have so many blogs about trading as daily trader use to share on their YouTube channels I consider it such useful way to collect informs about trading. We can comment to ask any question related our problems in trading. There are so many books as well as recently I saw an article on my Facebook account and I found it such informative the same way from market we can get books related  trading.

There are lots of various sources on where you can get out valuable informations that will help you out on learning up trading but i do much prefer on watching videos rather than reading up long pile of text.Yes, they are still helpful but it would be better if you do see it actual on how its been done.Its a matter of preference though as long you do able to take grasp on thing on how you do able to
learn them up its up to you.All of resources that are needed for you to learn can really be found here in the net.It will just depend on the effort and the time you would spend on learning up on things
and lastly, it wont be complete if you dont make yourself engage through trading via experiencing it.

[TitanGEL]

the important requirement for becoming pro trader in crypto space must be practicing in demo accounts. Just learning from materials cannot get you all skills for profitable trading. You must test your skills against live market so that you can take decisions perfectly under market pressure in live markets with your original capital.

But you cannot directly enter into demo trading; it means you must learn from books and then you can start trying in demo accounts. Still I agree, just learning from different materials and youtube videos will not help any trader to make profits in this highly volatile crypto markets. People are just learning and then directly entering into live market and this is the reason they are not able to finding themselves profitable in crypto trading.

When they are finding time to practice even in live market but with the least capital then they will become profitable when they are increasing their capital. I mean that you do not need a specialized the demo account but you can make your live account into demo mode by decreasing the capital into the least possible for making trades.

I am seeing many forex brokers are providing demo accounts with BTC trading markets. Crypto traders can make use of them to sharpen their trading skills.

Demo trading account is important and can be considered as required for those new comers in the cryptocurrency market. Demo trading can help us to be familiarize on hot the market moves and works. I think I use demo account for 4 months before I put a real money in exchange. Yes it helps me and it is the reason why I have winning rate in trading. There are a lot of resources of information about trading and we can find it through internet, but before we absorb it make sure that it suits our personality and characteristics as a trader.

[jostorres]

Book is good to study to have a background knowledge of trading but at the same time, we should bear in mind that we need a practical knowledge to be able to take down everything we read from the book and trying them out. This will help us to restrategize if it not working.

Book is a necessary source for all the theory-based knowledge and to understand the patterns of the market movements but as you said, practical knowledge is also important. You cannot feel the depth of the ocean until you have made a dive in it.

The same applies to the crypto or stock market. The trader/investor cannot really understand the depth of the market and get familiar with its ecosystem and working unless he experiences it himself. Practical knowledge > theory-based knowledge but both hold importance. One helps you learn from the history and the other helps you learn and understand from your present mistakes.

[perfect999]

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 have heard about that book. It basically helps you figure out how to understand the stock market and carry out technical analysis and predictions. It explains various chart patterns and its derivatives and probable odds after such as pattern is observed.

The book is not so simple to understand so I would only recommend people who already have some technical knowledge and basic understanding of how an asset market works to refer and buy the book for advance studies. Overall, it’s a good read for intermediate traders and investors.

[rima28]

How to read a good book to learn this book is really good and wonderful choice this trade. so you can learn it. buy this trade .the book is available on Amazon and on the internet I particularly downloaded the PDF but I intend to buy the book soon I learn in stock market that I keep using even if I trade Bitcoin for those who want to buy and read books I prefer you books of Mina Mina re bhini state like a stock market.

[Betaj00]

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 like to read Trading releted book, it is boring for me, and for this reason i watch always crypto and trading releted video. But it is correct that need time for read book but it is very helpful.         

[Alisha FR]

Yes, learning from books is also a good solution for trading. but I don't use sources from books to trade, for me to practice trading skills and expand market knowledge it's easier to learn from tutorials like Youtube, courses and articles. besides being free, it is also directly practiced in the direct market.

[taufik123]

Yes, learning from books is also a good solution for trading. but I don't use sources from books to trade, for me to practice trading skills and expand market knowledge it's easier to learn from tutorials like Youtube, courses and articles. besides being free, it is also directly practiced in the direct market.

learning and direct practice is indeed more powerful because it directly applies the knowledge of analysis that is learned.
But there are some trading books that are really good and can be studied as a benchmark for trading properly and correctly. not just analysis, but also learn the Fundamentals well.
Knowledge can be obtained from anywhere, the most important thing is serious in studying it and able to practice it properly.