The Single Best Book for Beginners

[TreyTzu]

what you think is the best book that a beginner can read and immediately get him in the zone for trading and investing. i say a psychology based book like Trading in the Zone by Mark Douglas......everything else you can learn as you play

 

[TheBramble]

The Bible

 

[shadowninja]

The Bible

Interesting you post this. I'd recommend any Holy Book - pick any major religion. Most people miss the point, though, as if their daily paper is the Daily Mail (ie ignorant beliefs such as all Muslims blow themselves up, all Catholics touch children, all Buddhists set themselves on fire and, my favourite ignorant statement, religions cause wars).

"You don't know what you don't know."

 

[TreyTzu]

the Bible will teach moral lessons and end up making a trader soft not hardcore......although soft does over come hard as history has shown, besides by the time u finish the bible the market has done its thing

 

[TheBramble]

No, I simply meant it’s so bloody long and boring and pointless that you’ll be in the zone for anything….

 

[zambuck]

Not a book, but a book with 12 parts......A study of History by Arnold Toynbee.........

...If one wants to know about trading then one should start to learn about history and psyche of civilisations....

 

[Charlton]

A blank notebook

 

[shadowninja]

the Bible will teach moral lessons and end up making a trader soft not hardcore......although soft does over come hard as history has shown, besides by the time u finish the bible the market has done its thing

Soft? Define soft? Perhaps you will find that your ego has been controlled? That's "soft" in my books.

 

[Technically Fundamental]

the Bible will teach moral lessons and end up making a trader soft not hardcore......although soft does over come hard as history has shown, besides by the time u finish the bible the market has done its thing

You're absolutely right.

I saw this Hizbollah guy and a Taliban guerilla colleting for the homeless the other day. Pansies. It was nearly as bad as the Mossad flower arranging class I stumbled into the other day.

 

[shadowninja]

 

[TreyTzu]

Not a book, but a book with 12 parts......A study of History by Arnold Toynbee.........

...If one wants to know about trading then one should start to learn about history and psyche of civilisations....

ok cool so i should read this book by Tonybee, i just googled it, interesting book i will try hook it up 12 volumes lol:smart:

 

[TreyTzu]

Soft? Define soft? Perhaps you will find that your ego has been controlled? That's "soft" in my books.

my ego got knocked down by the markers, now i lay it out before i pull the trigger

 

[shadowninja]

my ego got knocked down by the markers, now i lay it out before i pull the trigger

Good!

 

[MR Spread]

Does anyone seriously no of any trading books that would be of use to someone that has some basic knowledge on spread betting.

I have read the Financial Spread Betting Handbook by Malcom Proyor, which I thought was good, but I think its time for me to read a more technical book, thats not going to baffle me.

 

[GladiatorX]

The Bible

*Bitch slap* Muther****er.

 

[Bizkine]

What about 'beat the dealer'. Any good reviews?

 

[TreyTzu]

Does anyone seriously no of any trading books that would be of use to someone that has some basic knowledge on spread betting.

I have read the Financial Spread Betting Handbook by Malcom Proyor, which I thought was good, but I think its time for me to read a more technical book, thats not going to baffle me.

Technical Analysis of the Financial Market by John Murphy....i am sure there should be links for the pdf ebook if you search this site

 

[Shanghai]

Does anyone seriously no of any trading books that would be of use to someone that has some basic knowledge on spread betting.

I have read the Financial Spread Betting Handbook by Malcom Proyor, which I thought was good, but I think its time for me to read a more technical book, thats not going to baffle me.

"Come into my Trading Room" lays out a good framework for trading. Then read "Trading in the Zone" and then study what people mean when they say "trade using price action".

 

[zambuck]

ok cool so i should read this book by Tonybee, i just googled it, interesting book i will try hook it up 12 volumes lol:smart:

This is out of print, I sourced the works from a guy whose busines is to trace the out of print books....He got the whole set from New Zealand for me....expensive though at £550/.

There is an abridged 2 volume set available from Amazon....

 

[virtuos0]

I would suggest reading "The ascent of money" by Niall Ferguson whilst we're on the subject of history books. I think it's important to get a good general grounding in economics even if you don't intend to take account of fundamentals.