Books for trading, suggestions pls

[JooBra]

I want to get more educated in trading and I learned a lot of it with youtube here on forum etc. But I want to get on another level and I'm in search for literature. Maybe there is another topic about it so please send the link for it too. All suggestions are welcomed.

Honestly, knowledge is the power of success and anyone seriously need it, if truly anyone want to succeed.

According to your statements, you have learnt a lot from the forum and YouTube and you wish to go to the next level. To advance, one must not only read numerous books but also apply the little one they have learnt. Many people, in my opinion, learn more and go to the next level by building on what they already know and applying what they have learned. This is what leads them to the new level. As a result, consistent practice is the best way to learn more. As a result, trading is what we need to learn more about, but I believe practice will help us get there very fast. So don't waste much of your time in only reading trading books but reading books is also good but not all the time.

Well anyone wants to succeed in life but the problem is that not all are like the OP who are truly committed. I can feel that the OP already learned a lot from the sources that he mentioned but he is still hungry for more information. I like that attitude. He only didn't mentioned if he already applied the knowledge that he learned but he better do it first because how will he know that he already improved or not? Or maybe he already do it and found out that his knowledge is still not enough yet, and that is why he was looking for more.

I agree on the last part that you said. Books can only give us a hint or they can only provide definitions to the terms that we don't understand, but the rest are not taught with it. It's about us who discovers it.

I'm trading and learning from experience but I would like to rise my success rate. If I have (example) 52% win rate on trades, making it 55% can bring so much. Maybe 3% isn't much but at long run it will mean a lot. So constant improvement is something that I look for.

[The Cryptovator]

How do you think reading a trading book can help you advance even farther? It's not likely, in my opinion. You'll observe that applying knowledge from books to actual life is quite rare. You can learn from the text without a doubt, but implementation must occur in the actual. In order to improve the level, you must learn from you. How? Just put in more effort in real-time trading research. To understand the problem, trade more with a tiny quantity. Develop your patience by practicing it. So, you would benefit and gradually advance one level.

[GeorgeJohn]

I want to get more educated in trading and I learned a lot of it with youtube here on forum etc. But I want to get on another level and I'm in search for literature. Maybe there is another topic about it so please send the link for it too. All suggestions are welcomed.

What i will advice you is that, since you have make several research concerning trading via YouTube i will advice you to learn manually through practicing of trading with little amount of funds so that through that you will develop your own skill of learning of trading. And one thing about trading education is consistent learning. Because it's through your errors.

[Adbitco]

Well if you don't mind I would want you to download corporatefinanceinstitue.com/resources/ebook or you search on "The complete guide to trading" using your Google search engine.
But one thing about trading is that it's class never ends, don't just assumed that after reading some book and guideline shared here that you are now an expert. It will never work that constant practicing with Demo will at least give you more ideas on how to sail on your trading journey.

[GeorgeJohn]

I recommend "Trading in the Zone" and "Atomic Habits".
This two is the most suggested books by our Coach to be read. He reads many books but that two is the best. In trading, we don't to have analyze only the market but with proper mindset also. That two books is what you need.

It's better of learning trading manually since it has already learned from the YouTube video, and if the person in question don't want to learn through manual from any one, it can use a small capital to trade and use the Lost experience during the trading as a means of development or developing more in trading, secondly many people today who are experts in trading acquired the knowledge through online YouTube and personal practice of learning.

[so98nn]

I have a link that includes trading books and also almost all guides for trading like FA and TA. Check the link below

- https://github.com/SpiralDevelopment/Awesome-Crypto-Trading

I don't know why others still didn't know this it also includes all tools free and paid.
If you learn from that link I suggest try the trading simulator under that link free and back testing tool to test if your strategy will work.

This is very good collection and I think most of them doesnt know about it because most of them do not go around "github" bruh. It's cool you already shared it here and hopefully everyone will go through the thread to keep an eye on such valuable content. I like the idea of reading books for trading but sometimes it is more of practical application as compared to the theoretical knowledge. OP can always start with free trading account on hundreds of platforms out there who are willing to teach the clients on perfect trades. Obviously I am with both the approaches.

However as suggested in the above post, there are plenty of such tools which can let you understand more about the TA. In the process do not forget to ask questions on the forum itself where you can take leap by having perfect solution if you ever get stuck in a TA. Let us say, plotting a perfect graph to understand futures! Good luck dude.

[Alisha-k]

They're top 3 selling books online for everyone, whether a beginner or a pro. In no particular order, the are
1. Market wizard and new market wizard, in here, you can find interviews with some of the successful traders of the past century like the founder of Tudor investment corporation in person of PAUL, TUDOR JONES.
Both books were put up together by Jack Schwager.
One of the best ways to learn anything, whether a skill or an occupation is usually under the mentorship of one with a better experience.
Jack Schwager's books gives this opportunity to go under their mentorship even without having direct communication with any of them.

2. Reminiscences of a stock broker, they're attempts on the biography of one of the most famous investors in the stock market, Jesse Livermore. It was written by  Edwin Levefre and is an embodiment of wisdom to guide you through and into a successful trading experience.

3: The intelligent investor, already recommended by one of us here

Most popular ones are "The Intelligent Investor" by Benjamin Graham it has solid foundation in value investing and emphasizes the importance of managing risk, very worth for new traders to learn the fundamental.
Once you familiar get get strong with the fundamental, you could start read "Technical Analysis of the Financial Markets" by John J. Murphy, it provides study of charts and other market data to identify patterns and make trading decisions.

It's also important to practice trading to the market live and join trading communities to learn from other traders.

[Wind_FURY]

I want to get more educated in trading and I learned a lot of it with youtube here on forum etc. But I want to get on another level and I'm in search for literature. Maybe there is another topic about it so please send the link for it too. All suggestions are welcomed.

Read, Extraordinary Popular Delusions and The Madness of Crowds

It's a very old book with redundant PDFs that you can download from the internet.

It might not help you "get on another level", but it definitely will give you a better understanding of markets, and why it behaves illogically. It's a story about psychology, sociology, FUD, FOMO and groupthink in markets. I believe when done with the book, you will know why Buy the DIP, and HODL is probably the best for plebs like us.

[worle1bm]

You can read the books suggested by other members but the real experience can be entirely different based on the current market conditions at that time so be sure about it.But yes you can easily learn about the basics and different strategies related to trading through these books which can help you to understand market functioning.So pick up any few of them and read reviews for them.

[rhomelmabini]

You can use this website https://z-lib.is/ to search and download all the trading tools in pdf files for free. I can’t recommend you specific books because it vary on what indicators you want to focus. That website store a lot of trading books that will be helpful for you.

By any chance, Do you try enrolling on free trading course from Udemy. They have some good trading courses in there that will save you time instead when you read books manually.

I think this is the best alternative for books and this is a great addition to learn more on other indicators to master. Thanks for this! I think most free trading courses on Udemy just dive onto the basics, I think it's just for authors to have their own contents and to get students to enroll on their paid courses.

[Maus0728]

I know I am repeating myself with regards to this subreddit, but so far, this is the only trading resources I have seen that has substance and with no BS. Although their strategies seems to focus on stock trading, it is still applicable in terms of crypto^[1]. They also have an organized wiki that everyone can read especially for starters.

[1] https://www.reddit.com/r/RealDayTrading/comments/rcnfdp/any_advice_for_those_looking_at_day_trading_crypto/htp0r1b/?context=3
[2] https://www.reddit.com/r/RealDayTrading/wiki/index/

Hope this helps.

[JooBra]

I know I am repeating myself with regards to this subreddit, but so far, this is the only trading resources I have seen that has substance and with no BS. Although their strategies seems to focus on stock trading, it is still applicable in terms of crypto^[1]. They also have an organized wiki that everyone can read especially for starters.

[1] https://www.reddit.com/r/RealDayTrading/comments/rcnfdp/any_advice_for_those_looking_at_day_trading_crypto/htp0r1b/?context=3
[2] https://www.reddit.com/r/RealDayTrading/wiki/index/

Hope this helps.

Thanks for tips and info, will check it when I find a bit more time.

[GeorgeJohn]

You can read the books suggested by other members but the real experience can be entirely different based on the current market conditions at that time so be sure about it.But yes you can easily learn about the basics and different strategies related to trading through these books which can help you to understand market functioning.So pick up any few of them and read reviews for them.

Actually reading those books suggested by some people will help to understand the basic things of trading, but the problem is that how consistent and conscious is the op to learn and comprehend of trading, some people do learn trading and understand perfectly without online tutorial which i know quite well, so i believe that trading have something of time before you can be able to make out your own profit.

[LUCKMCFLY]

I want to get more educated in trading and I learned a lot of it with youtube here on forum etc. But I want to get on another level and I'm in search for literature. Maybe there is another topic about it so please send the link for it too. All suggestions are welcomed.

I recommend you read:

Richard Wyckoff(ALL)
Jesse Livermore (ALL)

For investment:

Warren Buffet(All)
A Random Walk Down Wall Street (Malkiel Burton)

Those to begin with, surely there you will understand many concepts that are applicable to any market, be it the Bitcoin market or any market such as forex, stock market.

At first you can see that there are many, but when you dare to read them you will feel very good because you will learn many things in a short time, what I like about these books like those by Wyckoff and Livermore, is that they tell what they lived through and how they took their decisions in the face of events very similar to those we have experienced.

[coinerer]

You can use this website https://z-lib.is/ to search and download all the trading tools in pdf files for free. I can’t recommend you specific books because it vary on what indicators you want to focus. That website store a lot of trading books that will be helpful for you.

By any chance, Do you try enrolling on free trading course from Udemy. They have some good trading courses in there that will save you time instead when you read books manually.

Yes this site is a very potential for trading learning. This website is very popular and I downloaded read many pdf from here and learned something from here for several days. And I have also shared this site link to several of my friends.  After seeing this site link here I am confirmed that it is a good rated site. op can follow this website to read about trading op will be able to get some good knowledge from here

[borovichok]

Yes this site is a very potential for trading learning. This website is very popular and I downloaded read many pdf from here and learned something from here for several days. And I have also shared this site link to several of my friends.  After seeing this site link here I am confirmed that it is a good rated site. op can follow this website to read about trading op will be able to get some good knowledge from here

Recommendation of books might seems like pulling a trading to anticipated the same trading strategies you used but the information can be shared among newbies who are aimlessly searching for answers to their problems in trading. It's not all about links but a complex trading PDFs that categorized every section of trading into small and understandable parts. Choices are different and books varies but all the same, it's really a good site to research crucial information circulating all the basis of trading. Learning never ends, we learn daily and practice makes perfect, we improve because we learned from day to day activities and terrible experience or mistakes urges us to be careful next time inother not to repeat the mistakes.

[TheUltraElite]

I want to get more educated in trading and I learned a lot of it with youtube here on forum etc. But I want to get on another level and I'm in search for literature. Maybe there is another topic about it so please send the link for it too. All suggestions are welcomed.

There are a lot of books available but trading is learnt from the market and it's first hand experience not through reading books. You can learn about indicators from YouTube too so why spend money on a book that you will never read again?

Basics of trading is enough to run the spot trades and anything other than spot trade are gambling - as a new entrant you would be happier and safer with spot trading.

Please don't get that idea that reading books on trading will make you an expert in trading. They won't and that is why there are so many losing traders.

[cafter]

I can suggest some books that i personally read and learned from
1. market wizards
2. reminiscence of a operator
3. pit bull: lessons from wall street's champion day trader
4.trading in the zone
5, disciplined trader

the trader can be profitable even if he is only 30-40% right in trading
all is to do in trading is controlling emotions fear, greed etc.
these last two books 4th and 5th will teach you discipline which is key to follow your rules.

[bitzizzix]

Actually there are lots of books for trading if you want to look for them on the internet and also on YouTube, and you can also learn a lot about trading without having to have a book. And most importantly you want to do it, read and also assess every thing you find in trading so you can rely on it.
and my most important advice is, you know the basics of trading science and do direct practice in my opinion much better than theory because with direct practice you can easily find important things in trading for you to know because you experience it and are only looking for and fix the flaws.
do it with very little capital or use cold money to do it and do it consistently while studying your journey to find what you want and what works for you in trading. Because if we learn from books or other people sometimes it doesn't match what we want and the book or whatever is only a bridge or addition, because we will immediately look for weaknesses or strengths to fix. And also something that already exists within us comes out, because of the enthusiasm and also the effort learned during the journey.

[coinerer]

Yes this site is a very potential for trading learning. This website is very popular and I downloaded read many pdf from here and learned something from here for several days. And I have also shared this site link to several of my friends.  After seeing this site link here I am confirmed that it is a good rated site. op can follow this website to read about trading op will be able to get some good knowledge from here

Recommendation of books might seems like pulling a trading to anticipated the same trading strategies you used but the information can be shared among newbies who are aimlessly searching for answers to their problems in trading. It's not all about links but a complex trading PDFs that categorized every section of trading into small and understandable parts. Choices are different and books varies but all the same, it's really a good site to research crucial information circulating all the basis of trading. Learning never ends, we learn daily and practice makes perfect, we improve because we learned from day to day activities and terrible experience or mistakes urges us to be careful next time inother not to repeat the mistakes.

A book or an article only acts as a guide to a customer in the right direction.  But trading books will never guarantee anyone's profits.  Everyone has their own strategy to earn profit. But some potential books provide a trader with proper trade guidelines and traders complete their trades through their own analysis from knowledge gained from books or other medium. this site also play a potential role for guide a newbies traders