Need a book recommendation

[hd49728]

Here are highly recommended books that can provide valuable insights into trading strategies, including day trading:

• "The Bitcoin Standard" and "The Fiat Standard" by Saifedean Ammous
• "The Only Cryptocurrency Investing Book You'll Ever Need" by Freeman Publications
• "A Beginner's Guide to Day Trading Online" by Toni Turner
• "Start Day Trading Now" by Michael Sincere
• "Technical Analysis of Financial Markets" by John J. Murphy

Enjoy, and good luck!

Most of books in your list are for investment, not for trading.

[LIST] Big Library of Bitcoin & Blockchain Books. Some books for trading in that list and check Awesome crypto trading.

I only want to remind that trading is harder than investment. You will have more difficulties in trading than in investment and I believe newbies should start with investment first. They must be intelligent and successful investors before they can be intelligent and successful traders.

[mvdheuvel1983]

Hello everyone , I'am a beginner on crypto trading and i'am
 looking for your recommendation on some essential books on how to trade/trading strategies (preferably on day trading), any of your recommendations would help, thank you.

You are welcome to the trading journey. You should take baby steps each day and not rush it. You have asked a very insightful question. I have gone through the thread and so many book recommendations have been given. How do you go about picking the right one to start with? Some of the recommended books are not beginner friendly so you should approach with caution. You should explore which is your favorite learning style, I always recommend that my friends start with a short 10 minutes to 15 minutes video introduction on trading. The best was to find the one to watch is to simply look at the video with the most views it means the speaker knows their onus. From there you can get a general idea of the direction to take whether it be through books, online course, YouTube videos, etc.

[death69]

Books can serve as a personal navigation system, directing you around the twisting byways of this dynamic world. Some examples of classic literature are as follows:

- John J. Murphy's "Technical Analysis of the Financial Markets" A wealth of information on how to use charts to your advantage.

- Philip Fisher's "Common Stocks and Uncommon Profits." - helps you recognise a unicorn from a mile away.

- Joel Greenblatt's "The Little Book That Beats the Market." A succinct manual for raking in the dough.

- "The Disciplined Trader" by Mark Douglas. When you need to rein in the urge to go for broke.

- The book "Trading in the Zone" by Mark Douglas. It teaches you to trade with your head as well as your heart, which is just as vital.

You are the one behind the wheel; the books just give you directions. Put on your seatbelt, drive safely, and good luck in the markets!

[Japinat]

Hello everyone , I'am a beginner on crypto trading and i'am
 looking for your recommendation on some essential books on how to trade/trading strategies (preferably on day trading), any of your recommendations would help, thank you.

Books are actually losing their value nowadays as most beginner traders just prefer learning from online articles from a legit source. You can actually research some good articles online and do your due diligence to read and understand them. Also, don’t underestimate the power of this forum. You can always learn from the traders experiences shared in this forum, and you can always make some follow up questions if there are times you find it hard to understand.

[goaldigger]

Hello everyone , I'am a beginner on crypto trading and i'am
 looking for your recommendation on some essential books on how to trade/trading strategies (preferably on day trading), any of your recommendations would help, thank you.

Reading books is very traditional but a big help too.
I remember reading books as well and its more about trading in general. If you can find a book locally the better, and also more details are available online just choose the reliable site for this. Trading is not easy, and doing your own study about it will be a big help, I suggest to try also other platform while learning how to trade.

[mirakal]

There's nothing I can recommend because I don't read trading science books.
I prefer to watch videos and look at some trading articles.
Now there are many videos available for beginners on how to analyze the crypto market and what tools to use.
A lot of knowledge you can easily get nowadays.
Reading books is not bad, but as another support video is a good medium.

I agree with you, but it really depends on the culture of each person from country to country. For example Finland, they are a country that has the world's best literacy rating as released some time ago.

But of course the development of technology and intelligence has made it easier for many people to get a lot of information. Many video creators share their knowledge in various media, both Youtube and others. But I don't think beginners need to be too excited to make a quick buck in the market, and they just need to really focus on improving their skills and knowledge before trying anything risky.

Beginner traders have their own preferred medium where they can learn easily and where they can learn more. So if they’re fond in reading, those articles found online would be a lot of help. However, for me I’m usually fond on seeing videos, aside that I easily learn from it, at least my eyes too will start to familiarize the scenarios and factors that occur mostly when trading. So whatever your preference OP, give it a try. Also, don’t forget that this forum too will give you valuable ideas about trading. Explore the trading boards and you will definitely learn a lot from the well experienced traders.

[Slow death]

something that I was able to conclude in this whole time that I was in this cryptocurrency market and trade was that many courses and books on day trading themselves, are not of much help when dealing with cryptocurrencies, it is true that basic things like support and resistance, volume, technical indicators are things that can be used but in terms of profitability it is a very difficult task, I would say that day trade is more for the forex market than for the cryptocurrency market and the problem is that courses and books about day trade talk forex

and when the person reads the technical analysis books and videos, he becomes very motivated and with determination and hope that he will make good profits in the cryptocurrency market with day trade, but when he puts money in and starts to operate, he realizes that he is not making a profit because nothing What he learned applies to the cryptocurrency market, so the person needs to look for videos of experienced traders who are operating cryptocurrencies and at that time the person will see that they are operating in the long, medium and long term, which is the only way to profit in the cryptocurrency market

[Desscount]

Hello everyone , I'am a beginner on crypto trading and i'am
 looking for your recommendation on some essential books on how to trade/trading strategies (preferably on day trading), any of your recommendations would help, thank you.

Reading books is very traditional but a big help too.
I remember reading books as well and its more about trading in general. If you can find a book locally the better, and also more details are available online just choose the reliable site for this. Trading is not easy, and doing your own study about it will be a big help, I suggest to try also other platform while learning how to trade.

However it is a choice because some people are more comfortable with how to read books,
there are many platforms that we can use to learn so make the best use of it,
what is clear if your trade wants to grow then learning it will help.

[Adbitco]

There may be several recommendations from all kinds of books I will want to know how prepared are you basically reading all this books may give you all knowledge needed but that doesn't guaranteed the successful trading.
Successful trading depends on self willingness to strive harder even after reading some of these books ref to you the ends results depends on the amounts you used in trading, meaning you must use amount that can be more balanced to your mental state of reasoning otherwise using amount bigger than what you could carry may affect you if mistakenly beginning to incur losses.

[iBaba]

If you are just getting started in trading or are interested in touching up on some existing knowledge you already have or learn some new skills, there are three to four trading books that can help you discover new methods and enhance your abilities. They're recommendations I've personally got.

1. Try Kathy Lien's "Day Trading and Swing Trading Strategies for Profiting from Currency Market Moves."
2. "How to Make a Living Trading Foreign Exchange: A Guaranteed Income for Life" by Courtney Smith.
3. "Technical Analysis for Dummies" by Barbara Rockefeller.
4. "Japanese Candlestick Charting Techniques" by Steve Nison.

Meanwhile, if you quest for more interesting reads, you can then click on the link below to go through a list:
https://bitcointalk.org/index.php?topic=5353061.0

[omgitsmehehe]

There may be several recommendations from all kinds of books I will want to know how prepared are you basically reading all this books may give you all knowledge needed but that doesn't guaranteed the successful trading.
Successful trading depends on self willingness to strive harder even after reading some of these books ref to you the ends results depends on the amounts you used in trading, meaning you must use amount that can be more balanced to your mental state of reasoning otherwise using amount bigger than what you could carry may affect you if mistakenly beginning to incur losses.

Ofcourse there are countless books in the space, but I always stick to the proceeds that would make me a profitable trader. In the present day of trading, books are not required, what is needed the key basis of trading. Consistency also matters in the market, that's were it gives birth to experience which will sealed a trader throughout the entire space. Becoming a successful profitable trader, doesn't require studying complex trading relating books, but the determination to become a successful trader requires some essential qualities.