Best Daytrading Book
I've been successfully day-trading for a little while now, and would like to read up on new strategies/theory. Does anyone know of good books?
I've been successfully day-trading for a little while now, and would like to read up on new strategies/theory. Does anyone know of good books?
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Curious too.
it doesn't quite work like that.
to best way to find books that will be effective towards improving your trading is to first realize your natural perspective on the market, and then dig from there.
ie.
if you naturally like to equities, scalping spreads certain ranges of spreads based on moving average patterns, you'll then go find books that dive into moving average theories. if you're primary view is swing trading with market correlations then you start from there instead...
if you haven't realized your view on the markets then start with a practice account and take it seriously. once you start to find your perspective then you start digging.
if you literally have no clue where to even begin, then head over to amazon and read reviews on technical analysis and fundamental analysis topics. find a book and just read. then decide which you prefer more (its not black or white but can take weighted influence on your views) and start watching the markets and try to make sense of it with what you've learned. From there start patching the holes in the picture.
trading is is like art, everyone has an approach, and everyone has a view. if you learn a view that doesn't fit your natural perspective you're fighting the gradient. some people work better with a numerical approach, while others work with charts, lots make money, but even more blindly jump from ship to ship trying follow the views of others, and fail.
likewise for investing.
Makes sense. Thanks
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