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Hi sharks,Guppy & Bedford are a good starting point, and as qldfrog mentions, Skate’s “Dump It Here” forum is a ‘Must Read’.IMHO Trading View https://www.tradingview.com/ is one of the best trading packages available today.The following is some info on what books I used over the years.BEST book on Day Trading is "The Stock Trader" by Tony OZ - ISBN 0 9679435 0 7….BEST TA book is "Technical Analysis Explained" by Martin Pring - ISBN 0 07 112778 X….2nd BEST TA book is “Technical Analysis from A to Z” by Steven.B.Achellis - ISBN 0 071 36348 3....GOOD TA book is “Technical Analysis of Stock Trends” by Edwards & Magee…..BASIC Charting book is "The Australian Investors Guide to Charting" by Regina MEANI - ISBN 0 947351 97 3…...BEST Candlestick book is "Japanese Candlestick Charting Techniques" by Steve Nison - ISBN 0 7352 0181 1…...BEST Advanced Candlestick Book is “Beyond Candlesticks” by Steve NISON - ISBN 0 471 720 X …...BEST book on Fibonacci is "Fibonacci Applications and Strategies for Traders" by Robert Fischer…...….BEST ASX/Stock Markets Dictionary is ”Understanding The Stock Exchange – The Essential Reference” by N.E.RENTON - ISBN 1 86350 242 4.BASIC book on Candlesticks is by Louise Bedford called "The Secret to Candlestick Charting" - ISBN 1 876627 28 X..…. it is incorrect in several areas - read the paragraph at the top of page 31 in Bedfords book -The last sentence "For this reason etc" - a lot of her theories are suspect - its a beginners book - If you look at page 7, second paragraph where she says she follows Nison's writings but she occasionally changes them to suit herself, yeah right - bedfords interpretation of Multiple Doji's is in direct oposition to Nison's - Bedford says 2 or more Doji's lessens their importance - Japanese writings and teachings specifically point to Intensifying their influence as reversal signals – and there are numerous other instances where she deviates from the Japanese writings.Louise Bedford & Daryl Guppy are great Traders - BUT - their books are the 'Comics' of this industry - everyone should begin by reading, and understanding everything they says, BUT then you need to follow that up by reading some of the more "In Depth" publications that are available - to read the Bedford & Guppy books, and then rely wholly & solely on them for your Trading Career would be a Grave Mistake IMHO.As mentioned above, THE BEST Candlestick Book is "Japanese Candlestick Charting Techniques" by Steve Nison.BOOKS on TRADING PSYCHOLOGYGood Book on Trading Psychology is BY Livermore - The Psychology of Trading. ISBN:0-07-146979-6.THE BEST BOOKS on FINANCIAL ANALYSIS are -"The Intelligent Investor" by Benjamin Graham - ISBN 0 06 055566 1;"Security Analysis" by Benjamin Graham & David.L.Dodd - ISBN 0 07144820 9;"The Warren Buffett Way" by Robert.G.Hagstrom,Jnr - ISBN 0 471 17750 4...GOOD and easy to understand FINANCIAL ANALYSIS books are -"Getting Started in Fundamental Analysis" by Michael.C.Thomsett - ISBN 0 471 75446 3;"Mastering Fundamental Analysis" by Michael.C.Thomsett - ISBN 1 876627 44 1;"Analysing Company Accounts" by Martin Roth - ISBN 0 73140 114 X.Finally, you may care to have a look at the 3 Beginners Lounge Forums I have set up –“DrB TA Help, DrB FA Help & DrB General Help” – you may pick up some ideas to get you started.Keep reading and keep asking Questions, eventually it will all fit into place for you.DrB
Hi sharks,
Guppy & Bedford are a good starting point, and as qldfrog mentions, Skate’s “Dump It Here” forum is a ‘Must Read’.
IMHO Trading View https://www.tradingview.com/ is one of the best trading packages available today.
The following is some info on what books I used over the years.
BEST book on Day Trading is "The Stock Trader" by Tony OZ - ISBN 0 9679435 0 7….
BEST TA book is "Technical Analysis Explained" by Martin Pring - ISBN 0 07 112778 X….
2nd BEST TA book is “Technical Analysis from A to Z” by Steven.B.Achellis - ISBN 0 071 36348 3....
GOOD TA book is “Technical Analysis of Stock Trends” by Edwards & Magee…..
BASIC Charting book is "The Australian Investors Guide to Charting" by Regina MEANI - ISBN 0 947351 97 3…...
BEST Candlestick book is "Japanese Candlestick Charting Techniques" by Steve Nison - ISBN 0 7352 0181 1…...
BEST Advanced Candlestick Book is “Beyond Candlesticks” by Steve NISON - ISBN 0 471 720 X …...
BEST book on Fibonacci is "Fibonacci Applications and Strategies for Traders" by Robert Fischer…...….
BEST ASX/Stock Markets Dictionary is ”Understanding The Stock Exchange – The Essential Reference” by N.E.RENTON - ISBN 1 86350 242 4.
BASIC book on Candlesticks is by Louise Bedford called "The Secret to Candlestick Charting" - ISBN 1 876627 28 X..…. it is incorrect in several areas - read the paragraph at the top of page 31 in Bedfords book -The last sentence "For this reason etc" - a lot of her theories are suspect - its a beginners book - If you look at page 7, second paragraph where she says she follows Nison's writings but she occasionally changes them to suit herself, yeah right - bedfords interpretation of Multiple Doji's is in direct oposition to Nison's - Bedford says 2 or more Doji's lessens their importance - Japanese writings and teachings specifically point to Intensifying their influence as reversal signals – and there are numerous other instances where she deviates from the Japanese writings.
Louise Bedford & Daryl Guppy are great Traders - BUT - their books are the 'Comics' of this industry - everyone should begin by reading, and understanding everything they says, BUT then you need to follow that up by reading some of the more "In Depth" publications that are available - to read the Bedford & Guppy books, and then rely wholly & solely on them for your Trading Career would be a Grave Mistake IMHO.
As mentioned above, THE BEST Candlestick Book is "Japanese Candlestick Charting Techniques" by Steve Nison.
BOOKS on TRADING PSYCHOLOGY
Good Book on Trading Psychology is BY Livermore - The Psychology of Trading. ISBN:0-07-146979-6.
THE BEST BOOKS on FINANCIAL ANALYSIS are -
"The Intelligent Investor" by Benjamin Graham - ISBN 0 06 055566 1;
"Security Analysis" by Benjamin Graham & David.L.Dodd - ISBN 0 07144820 9;
"The Warren Buffett Way" by Robert.G.Hagstrom,Jnr - ISBN 0 471 17750 4...
GOOD and easy to understand FINANCIAL ANALYSIS books are -
"Getting Started in Fundamental Analysis" by Michael.C.Thomsett - ISBN 0 471 75446 3;
"Mastering Fundamental Analysis" by Michael.C.Thomsett - ISBN 1 876627 44 1;
"Analysing Company Accounts" by Martin Roth - ISBN 0 73140 114 X.
Finally, you may care to have a look at the 3 Beginners Lounge Forums I have set up –“DrB TA Help, DrB FA Help & DrB General Help” – you may pick up some ideas to get you started.
Keep reading and keep asking Questions, eventually it will all fit into place for you.
DrB
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