I want to learn the basics

K

keegan99k9

Hi Folks,

Can you please guide me to a name of a good book talks about the basics of trading.

For example, I do not know what Open , Close, Low, High, oversold, overbought means in the trade world.

I want to know the motivation behind these names, I wish if I can read the right book which can put me in the picture.

I do not want to trade blindly, I do not mind if the book is not talking about forex in specific, but what I care about is the concept itself.

I am from engineering background and I have decided to delve into the trading word.

Thanks Allot
 
As a engineer you have the right basis to start.
Look up the books section on this site.
Search the forums: => Journals, Technical Analysis, Strategy Trading in particular. Spent a lot of time reading.
Use www.bigcharts.com for free to study charts.

Sundog:)
 
Try John Murphy's Technical Analysis of the Financial Markets for a basic start point, followed by Mark Douglas Trading in the Zone & then the Brett Steenbarger books.
 
Quote from keegan99k9:
02-14-07 11:34 PM

..I graduated from a novice to an upgraded forex trader and today I can say I have climbed up the ladder of forex trading faster than I thought I would, making good money and having lost some that has made me better forex trading coach and entrepreneur today. My greatest joy in online business is my ability to be able to help others mine the Internet wealth without stress.
..
More...
you are trading coach! and now you want to learn the basic?
 
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