Thursday, July 2, 2009

Where to start from when it comes to trading

I often get a question from various people about list of books they should read before they start with trading. My short answer is always the same - As many as possible! 

Here is a list of several books that I like a lot. 

Psychology of trading:

(Dr. Brett Steenbarger is a must – With all three books written by him.)

The Psychology of Trading

Enhancing Trader Performance

The Daily Trading Coach

Trading in the Zone by Mark Douglas


Technical Analysis:

Technical Analysis Explained by Martin Pring is a must

The Candlestick course by Steve Nison


Reminiscences of a Stock Operator by Edwin Lefèvre

Market Wizards by Jack Schwager

Trading for living by Dr Alexander Elder

Come into my trading room by Dr Alexander Elder

These books are just to start with. When you are done, there are many other more sophisticated books discussing different trading topics.

Trading is a performance field in which one must learn every day. Even after almost six years of successful trading I’m still buying books and looking for new ideas. If one wants to be successful in trading, then that one must love and appreciate trading as endeavour - Just because of that love and appreciation one should consistently try to enhance his/her knowledge and skill. 

Isn’t that case with anything you do in your life?

Trade with trend.


Anonymous said...

In addition to several mentioned books:

New Trading Systems and Methods by Kaufman;

Encyclopaedia of Chart Patterns by Bulkowski

How to Make Money in Stocks by William J. O'Neil

24 Essential Lessons for Investment Success by William J. O'Neil

Alsi Trader said...

Anonymous thanks for input

New Trading Systems and Methods excellent book but too serious for beginners.

Anonymous said...

Good day! Would you mind if I share your blog with my zynga
group? There's a lot of folks that I think would really enjoy your content. Please let me know. Thank you

my page ... Utah Homes For Sale

Anonymous said...

Howdy! I know this is somewhat off-topic however I had to ask.
Does building a well-established blog like yours require a lot of work?
I am completely new to blogging but I do write in my diary everyday.
I'd like to start a blog so I can share my experience and views online. Please let me know if you have any suggestions or tips for new aspiring bloggers. Thankyou!

Also visit my web-site; email advertising templates

Anonymous said...

Please let me know if you're looking for a writer for your weblog. You have some really good articles and I feel I would be a good asset. If you ever want to take some of the load off, I'd really like to write some articles for your blog in exchange for a link back to mine.
Please blast me an email if interested. Regards!

my page :: Linked website

Anonymous said...

I leave a response whenever I appreciate a article on a site or if
I have something to add to the discussion. Usually it's a result of the passion communicated in the post I browsed. And after this post "Where to start from when it comes to trading". I was moved enough to post a thought ;) I do have a few questions for you if it's okay.
Could it be only me or do a few of these remarks come across as if they are left by
brain dead folks? :-P And, if you are writing on other places, I'd like to follow everything new you have to post. Would you make a list the complete urls of your social pages like your Facebook page, twitter feed, or linkedin profile?

Also visit my blog - recreate

Anonymous said...

Thank you for the auspicious writeup. It in truth was a enjoyment account it.
Glance complex to far brought agreeable from you! By the
way, how could we communicate?

Take a look at my blog post: outlook 2010 email templates

Anonymous said...

Hurrah! Finally I got a weblog from where I be capable of genuinely obtain helpful data regarding
my study and knowledge.

Feel free to surf to my web site: free email marketing templates

Anonymous said...

I am really happy to glance at this website posts which includes lots of useful facts,
thanks for providing these information.

my homepage: http://www.publicvanlines.Com/content/methods-designing-great-email-templates-Message

ninest123 said...

chanel handbags, gucci outlet, michael kors, louboutin outlet, louis vuitton outlet, oakley sunglasses, prada outlet, oakley sunglasses, nike outlet, ugg boots, uggs on sale, ray ban sunglasses, longchamp pas cher, oakley sunglasses, nike air max, louboutin shoes, burberry, louboutin, polo ralph lauren outlet, longchamp, louboutin pas cher, longchamp outlet, louis vuitton, ralph lauren pas cher, tiffany and co, air jordan pas cher, jordan shoes, tiffany jewelry, nike air max, kate spade outlet, christian louboutin outlet, louis vuitton outlet, replica watches, prada handbags, cheap oakley sunglasses, louis vuitton, ray ban sunglasses, ugg boots, longchamp outlet, sac longchamp, oakley sunglasses, polo ralph lauren outlet, nike free, nike free, tory burch outlet, replica watches, air max, louis vuitton, nike roshe run, ray ban sunglasses

ninest123 said...

michael kors outlet, kate spade handbags, true religion outlet, nike air max, coach outlet, ralph lauren uk, timberland, michael kors outlet, michael kors, hollister pas cher, michael kors, air force, michael kors outlet, nike roshe, tn pas cher, north face, coach purses, nike free run uk, hogan, ray ban uk, north face, vans pas cher, mulberry, michael kors outlet, sac guess, ugg boots, new balance pas cher, michael kors, nike air max, true religion jeans, hermes, replica handbags, true religion jeans, true religion jeans, michael kors outlet, vanessa bruno, nike blazer, hollister, burberry outlet online, coach outlet, michael kors, burberry, nike air max, lululemon, converse pas cher, lacoste pas cher, ugg boots, abercrombie and fitch, oakley pas cher, ray ban pas cher

ninest123 said...

herve leger, converse outlet, p90x workout, ralph lauren, mcm handbags, nike air max, new balance, hollister, gucci, birkin bag, chi flat iron, louboutin, ferragamo shoes, oakley, ray ban, hollister, nfl jerseys, converse, asics running shoes, hollister, ghd, longchamp, wedding dresses, soccer jerseys, iphone cases, insanity workout, north face outlet, vans shoes, giuseppe zanotti, baseball bats, abercrombie and fitch, reebok shoes, vans, nike trainers, nike huarache, north face outlet, mac cosmetics, valentino shoes, nike roshe, instyler, bottega veneta, mont blanc, soccer shoes, nike air max, jimmy choo shoes, timberland boots, lululemon, babyliss, celine handbags, beats by dre

ninest123 said...

montre pas cher, ugg pas cher, moncler, louis vuitton, bottes ugg, coach outlet, canada goose, thomas sabo, pandora jewelry, barbour, links of london, toms shoes, moncler, moncler, replica watches, juicy couture outlet, swarovski crystal, juicy couture outlet, canada goose, pandora charms, canada goose outlet, wedding dresses, pandora jewelry, louis vuitton, marc jacobs, lancel, canada goose outlet, canada goose, louis vuitton, canada goose, ugg,uggs,uggs canada, moncler, moncler, moncler outlet, ugg,ugg australia,ugg italia, pandora charms, canada goose uk, barbour jackets, karen millen, swarovski, doudoune canada goose, louis vuitton, hollister, sac louis vuitton pas cher, moncler, moncler, supra shoes, ugg boots uk