5 Handbooks of a Real Trader
Every day, more and more people prefer trading as the most convenient way to earn money. And it’s not surprising because it has many advantages that attract a large number of people. You can work from home and study the world economy at the same time. Trading also requires self-study in various fields, which fruitfully affects both your earnings and your whole life.
The rapid development of the industry requires a constant accumulation of knowledge. And the experts in their field who have shared their experience in books will help you in this.
Reminiscences of a Stock Operator by Edwin Lefèvre
This book is the most recommended piece of work for traders and investors who have just begun their journey. It tells about the life of Jesse Livermore, the man who is still regarded as the greatest stock trader. In addition to an interesting story, you will find many useful trading tips, often quoted in many articles. For example, it is said that you need to always sell what makes you a loss and keep what makes you a profit.
The Psychology of Tradingby Brett N. Steenbarger
The only book of its kind that offers to apply the principles of psychology to forex investing. In this guide, you will find only critical and proven methods that will help you better understand the market and allow you to apply new knowledge in practice immediately after reading. The text is written in simple language and interesting illustrations help you to better absorb the information.
Technical Analysis of the Financial Markets by John J. Murphy
This guide will walk you through the basics of financial analysis and forex trading indicators. The book is full of examples of charts with explanations and examples of their use. The author also covers the latest technological advances and modern tools used in trading today. The new edition of the manual is a must-read for anyone interested in trading.
The Intelligent Investor by Benjamin Graham
The information in this book will be a valuable acquisition for every investor and trader. It describes classic strategies that are still popular and considered basic in the world market. Most modern trading tactics are based on this theory, which is why all successful businessmen in the market started from this very manual.
Trader Vic II: Principles of Professional Speculation by Victor Sperandeo
This book is not as popular as its brethren. However, that does not mean that the information in it is any less valuable. The author offers a different perspective on the laws of the market, which allows you to refresh your strategy and deepen your knowledge. After reading this book, you will be able to analyze not only specific cases peculiar to individual companies but also the general direction of the economy, which is determined by fixed policies.
Final Word
Working in the field of trading opens up new opportunities for progressive people. Among other things, it provides more free time in your life. And if you spend it on optimizing this work, you will solve several problems in one fell swoop: you will become more developed as a person, which will lead to an increase in earnings and success, through which you will be able to develop even more.
Every day, more and more people prefer trading as the most convenient way to earn money. And it’s not surprising because it has many advantages that attract a large number of people. You can work from home and study the world economy at the same time. Trading also requires self-study in various fields, which fruitfully…