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Author Topic: Need a book recommendation  (Read 314 times)
indah rezqi
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June 30, 2023, 06:46:52 PM
 #21

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.

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June 30, 2023, 07:03:15 PM
 #22

There's nothing I can recommend because I don't read trading science books.
Some have shared the book in the post above, I think if the OP likes it he can buy it.

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.
Now it's more practical, on Youtube there have been lots of ways to share about trading techniques for beginners and there have been practices, so you can see how the initial process for beginners is so that it's easier to understand, I also prefer to see videos and several other articles which makes it easier for us to learn without buying books.

There's nothing worse than being diligent in reading books, it's also actually easy to understand, but if there are more available on the internet, I'll look for them more on the internet.

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June 30, 2023, 07:19:57 PM
 #23

Hello everyone, thank you all for your recommendations/suggestions and i will tray to stick by them, fell free to right more advices if you'd like to and have a nice day
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June 30, 2023, 07:47:56 PM
 #24

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.
I don't think there are a lot of books purely focused on cryptos in trading but I think how to win at trading and stock trading wizards are the two that are really helpful and actually help the new comers in creating their strategies when they are new to the market. I feel somehow these are good books for newbies.
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July 01, 2023, 05:49:18 AM
 #25

The books can give you basic knowledge about different trading standards but the most important part is practical experience you will get in real market and how to implement those strategies according to the situations.Sometimes what we read in the books don't work in actual scenarios so try demo account while reading the books which will help you a lot.

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July 01, 2023, 06:02:30 AM
 #26

There are a lot of trading books that you can see. It's easily searchable on Google. But for me, these are the books that I have read and helped me have a great approach to trading.

- Trading in the Zone: Master the Market with Confidence, Discipline, and a Winning Attitude by Mark Douglas
- Trading for a Living: Psychology, Trading Tactics, Money Management by Alexander Elder

Those are the books I've read and they are very insightful to what trading could do for you and how you could approach it.

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July 01, 2023, 06:34:48 AM
 #27

The books can give you basic knowledge about different trading standards but the most important part is practical experience you will get in real market and how to implement those strategies according to the situations.Sometimes what we read in the books don't work in actual scenarios so try demo account while reading the books which will help you a lot.
Basically it will always be different because when it enters the real market it is very complicated,
it's not as easy as in the book so don't expect that when we have read and mastered it doesn't mean our decisions will always be right,
The most important thing is to keep learning and trying lots of experiences.

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July 01, 2023, 09:50:24 AM
 #28

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.
To many books available online just search it on google and you can find a lot of books that can fit on your preferences which can help you a lot if you read also understand it. You can also add on your research to watch youtube videos since to many documentaries posted and you can enjoy it then be informed about the past event and other thing  that contribute to its growth.  Also be careful downloading article online because there might ve a malware that can compromise us.
Maybe he doesn't know how to use Google properly? I mean if what is the specific keywords that he will use to get the best results. That is why he just head straight on the forum but this place is much better than in Google. Google only indexed the relevant results from other sources but Bitcointalk is the direct source already for crypto information.

Documentaries are interesting to watch because they are mostly based on facts but I think they are less important. They can only wait once we are done with the main subject of crypto trading. About downloading files. It's indeed risky if you will just get it on random websites though you can always scan it using an anti-virus/malware software.

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July 01, 2023, 01:57:14 PM
 #29

For the beginner watching Youtube channel give education about trading in cryptocurrency looks better than reading a boook, but first time when trading in cryptocurreny never read book and practice it directly in the market. I think right now many success trader put out their ideas on how to be successful in trading cryptocurrency in a book, but I don't sure when practice it you will ge success in trading.

Almost have unpredicatbel thing when investing in bitcoin or cryptocurrency, actually when whales coming suddenly give effect for bitcoin drastically up or down.

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July 01, 2023, 04:01:57 PM
 #30

For new traders you can see many books but from here you have to choose the best because many people will find this book is best and many others will say that so you should read all the books and select the best book for you to learn trading.

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July 02, 2023, 07:14:22 AM
 #31

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.

There is this telegram channel I know that has a whole lot of trading strategies PDF, also i always recommend BABYPIPS.COM for beginners so you won't end up buying or paying for books or mentorships, where you are not supposed to at least you will have basic knowledge first.

here is the TELEGRAM CHANNEL LINK: https://t.me/forexbookz

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July 02, 2023, 10:33:22 AM
 #32

Personally, I have not read any book on trading, I rely on YouTube or tutorials from the Internet when I need to explain a certain point or increase my knowledge about trading.

This differs from person to person. Some people find reading books more fun and useful, while others like to follow YouTube and Telegram. In the end, it is important to increase our knowledge and gain experience in trading the way each trader sees fit.

But the problem is that books, YouTube or online courses do not give you trading secrets if they are free.

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July 02, 2023, 12:48:46 PM
 #33

I do not advise you to read a book only to master trading, as trading is based on experiences, experience and psychological factors more than just a person reading a book, and therefore creating a demo account and learning the basics of technical indicators while following the news and controlling emotions is much more important than reading a book, which may not be updated according to the course the price.

Read the basics of trading and you can read The Intelligent Investor by Benjamin Graham to find out
Create a demo account and learn to trade without losing your money.
Learn how to draw Tradingview charts.
Repeat until you learn from your experiences.

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July 02, 2023, 01:07:05 PM
 #34

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.
There are a lot of books related to crypto trading. But those are theories. You need practical knowledge as well. You can try out the below websites or books.

1. Binance Academy
2. The Crypto trader
3. How to day trade for a living
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July 02, 2023, 01:14:27 PM
 #35

1. Binance Academy

I strongly recommend staying away from reading Binance Academy for beginners, as it is basically an encyclopedia for anyone who wants to increase their information about something without going into details or knowing it in depth, which is something different as @op wants to learn the details and start his journey to learn trading properly, and therefore Binance Academy is not a place fit him.

The Crypto trader is good

How to day trade for a living is a book for active trading which is L2 after you learn trading basics.

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July 02, 2023, 01:22:31 PM
 #36

Personally, it's best to join mentorship than to rely in books because most of the time you will just learn an outdated trading strategy which is not working in a modern market. And for the books, I suggest to read a book that will improve your psychology in trading such as Atomic Habits because what I have noticed, most people who loses a lot in trading are the one who don't have discipline and patience, they're the ones who forcing a trade without a clear setup.

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July 02, 2023, 02:37:06 PM
 #37

For the avid readers, we understand that reading a book is best enjoyed while relaxing. The need to chock down several important information by reading is more of studying.
In this case, the book you should be looking for, should be able to prep your mind and stimulate your imagination. It should be able to help you think and carry yourself like an investor in cryptocurrency (if that's what the book is about). Not one that talks about a different story like love or sci Fi.

Better still, the kind of books you meant can be summary articles on the subject of interest, which in this case is crypto. Watch more practical videos online and discuss with real time mentors. It will double your chances of trying it out, and also you get to make profits faster.

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July 02, 2023, 02:41:25 PM
 #38

Trading in the zone by Mark D. A lot of people see it a very valuable book and because of that I bought it years ago but never opened it since I already had the info to keep going. However, I still advice you to read it based on the hype that book had by then.

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July 03, 2023, 02:36:15 PM
 #39

There's nothing I can recommend because I don't read trading science books.
Some have shared the book in the post above, I think if the OP likes it he can buy it.

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.
Now it's more practical, on Youtube there have been lots of ways to share about trading techniques for beginners and there have been practices, so you can see how the initial process for beginners is so that it's easier to understand, I also prefer to see videos and several other articles which makes it easier for us to learn without buying books.

There's nothing worse than being diligent in reading books, it's also actually easy to understand, but if there are more available on the internet, I'll look for them more on the internet.
Now times have changed and learning media has become more sophisticated. Not only from reading, but watching videos carefully will provide a lot of knowledge and can also be immediately practiced. Beginner trading video tutorials are really explained in detail. Especially now that there are also many AI that make it easier to learn, you can ask AI about trading tips and some of their understanding easily.
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July 05, 2023, 05:49:56 AM
 #40

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.

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!
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