Replies to post #591116 on Zeev's Turnips Patch-No Politics (ZEEV)

[federal reserves]

There are 4 ways to look at the market.

1. Fundamentals. Earnings vs. Interest rates. Economics.
2. Dollar cost averaging. Just invest some money each month.
3. Technical indicators (oversold/overbought trend line).
4. Day traders. Go with flow of the day. Get out before the close.

[gigem77]

Books-
Technical Analysis of Stock Trends - Edwards and Magee
Secrets for Profiting in Bull and Bear Markets - Stan Weinstein
Tools and Tactics for the Master Day Trader - Velez and Capra

[lee kramer]

Hi brainlessone: You might add "Only Yesterday" by Fredrick Lewis Allen...about the 1920's, [lotta similarities with recent markets.] Also, "When To Sell" by Justin Mamis. I've written a book, lotta chapters, none longer than two pages, and charts, charts, charts...but it's how I trade and may not be suitable for you.

[timhyma]

Are you looking for technical or fundamental readings?

Fundamentals:
I started with "Making the most of Your Money", by Jane Quinn

Followed that up years later with "Motely Fool Investment Guide", by David and Tom Gardner.

And finally, "Making dollars with Pennies", by Max Bowser.

Technicals:
"Technical Analysis for Dummies", by Barbara Rockfeller

"Technical Analysis of the Financial Markets", by John Murphy

Also recommend:
A book on psychological aspects of trading. I read "Trader's Secrets", by Murry Ruggiero and Adrienne Toghraie, but probably better ones out there.

Currently reading "Stock Investing for Everyone", by Arshad Khan and Vaqar Zuberi

Another recommendation would be to attend the Trader's Expo. They have several a year, and I've gone to the Vegas gathering a couple times. Good seminars available, and you get to see the latest wares being hawked <bg>.

[Trader77]

2 book ideas for you:

"The Zurich Axioms" by Max Gunther will help you get the right mindset for trading.


"The Mathematics of Money Management: Risk Analysis for Traders" by Ralph Vince, teaches money management which is the key to long term survival.

Psychology and money management are what seperate the proverbial men from the boys in the world of trading. People spend too much time on trading systems and techniques and neglect risk controls and discipline. That leads to problems.

[Duster]

Here is a page with the must reads with O'Neils book as the number 1

http://www.chartpattern.com/recommended_reading.htm

[skono4]

Trading For A Living
Dr. Alexander Elder