Book or recommendation for beginners

Yelitza Del Valle

Yelitza Del Valle

I'm starting learning, and I wonder if someone here could give me anyadvice or recommendation, books or something to help me as beginner.

I'll appreciate any help

Sorry for my english I'm not native speaker

Thank you !!
 
Hi Yelitza, "Trade your way to Financial Freedom" by Van K. Tharp. Works for any market (stocks, futures, options, Forex) and any timeframe. Teaches how to control risk with proper posision size. Beginners tend to focus on entry. Van Tharp explains the importance of exit. Best of Luck - Lou
 
Van Tharp also has a shorter book that might be good for a first read, Super Trader.

As far as books on trading strategies are concerned, that really depends on what you want to trade and how you want to trade it.

If you want to trade technically, I'm a big fan of Adam Grimes's free online trading course (adamhgrimes.com), and his book, The Art and Science of Technical Analysis. Blows away most of what I've read, and is very well put together.

That course is enough alone to put together a trading strategy, but you'll also find other authors of help in getting ideas.

I like Bob Volman's books, very well written and should be a fairly easy read for anyone who's first language isn't English.

Be prepared to spend a lot of time reading and then researching. Never try any trading strategy without testing it exhaustively (e.g. at least 100-200 samples) and making it your own. Give yourself plenty of time, and keep in mind this forum has certain users who's job is to make you feel like you can't succeed. Pay no attention to them.

Also, NEVER pay for a training course or somebody else's trading system. It's a waste of money. Good luck!
 
Education of a speculator by niederhoffer, Practical Speculation by Niederhoffer/Kenner, Trade like a hedge fund by Altucher--- those 3 are all you will ever need since they teach you how to THINK properly about the markets, peace, surf
 
Can you tell us a little about your educational background? Then, we can more easily match an introduction for you.
 
Good night. Thank you for all your answers. I'll start reading them

I like the surfer concept.

Xandmand I'm graduated on international trade. I've worked on selling and importation.

Georgi thank you for your comments.

You're all very kind.
 
So you know how to look at things from a big picture perspective.

Read: "A Random Walk on Wall Street".

It gives you a more critical view on everything related to trading before you start believing everything you read on trading.

It will answer questions you haven't even asked, yet.

888
 
One important caveat with Malkeil: a lot of people who think ALL trading is just gambling often point to Malkeil's work. What I like about Adam Grimes is that he gives Malkeil's concepts respect, while at the same time showing how to develop an edge in the market. I particularly like how Grimes destroys the Fibonacci myths and relies heavily on statistical analysis. David Aronson also does the same.
 
You must log in or register to reply here.
Back
Top