wheelie
Jan 18 2008, 08:46 PM
I wondered if anyone could make some book recommendations for someome interested in learning about financial markets with a view to trading in future. I've just read Welcome to my Trading Room by Alexander Elder which I found interesting and useful. Off the back of this book I am looking to learn more specifically about equities trading, techncial analysis and trading stratgies professionals use in the UK
Thanks for any pointers.
Wheelie.
ps Posted this in the Investment forum area but it's deathly quiet there....
BandWagon
Jan 18 2008, 10:24 PM
For a book on trading, "Reminiscences of a Stock Operator" by Edwin Lefevre, the autobiography of Jesse Livermore.
For a book on speculative bubbles, probably the one I've enjoyed the most is Edward Chancellor's "Devil take the Hindmost", superbly written and a regular top 10 investment book.
Also make sure you read Galbraith's "The Great Crash, 1929", it's another true classic of investment and crowd behaviour.
OnlyMe
Jan 18 2008, 10:29 PM
More investing than trading.
Stan Weinstein - Secrets of profiting in Bull and Bear markets.
Errol
Jan 18 2008, 10:31 PM
'Gold Wars' - Ferdinand Lips.
Amazon link
chris c-t
Jan 18 2008, 10:33 PM
Hull: Options Futures and other Derivatives. Heavy, but it's all there.
http://www.shopping.com/xPC-Options_Future..._by_John_C_Hull
wheelie
Jan 19 2008, 08:49 AM
Thanks for posting. I'll check them all out.
Red Kharma
Jan 19 2008, 02:56 PM
Some good links to books, free technical analysis and charting (mostly US stocks and indexes) on stockcharts.com
My advice would be keep it simple (use 2 or 3 indicators e.g. Daily/weekly MACD and RSI plus support/resistance areas), don't overtrade, don't over-leverage, always use stops, don't invest more than 1/3rd of your pot in any one position or more than 1/20th if highly-leveraged. Try to go long rather than short as far as possible. Good luck.
A.steve
Jan 20 2008, 12:56 AM
QUOTE (chris c-t @ Jan 18 2008, 10:33 PM)

Hull: Options Futures and other Derivatives. Heavy, but it's all there.
Heavy and very, very interesting - but... as one of the few books I've read... I don't think it is *all* there. :-)
I found George Soros an interesting read - though I personally think he's so far up his own backside that I dislike him.
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