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Peter Davies (Jigsaw), who I think is also a sponsor here on futures.io (formerly BMT), recently had a chapter written in an eBook that is free and might be worthwhile tracking down. Good breakdown of understanding cumulative volume in a day time frame.
Can you help answer these questions from other members on NexusFi?
Here is a short list of books I've read and recommend. I am not a big reader of books in print, I tend to prefer on-line methods... but nonetheless, these are great reads and contain a lot of information that helped me.
Trading for a Living (he talks about psychology of trading but do not take his trading pointers, 20+ years dated, there used to be people on the trading floor ;-) )
Liar's Poker (it will help you get some "Wall Street smarts")
The Wisdom of Crowds (group psychology, ie every market you will ever participate in because people are sheeple)
Extraordinary Popular Delusions & the Madness of Crowds (same reason as the one above, same references, but different perspective, point of view matters)
The Tipping Point (sheeple)
I would actually not really read books (learning styles and all aside, you are not trying to pass a test and forget everything, you are trying to build up an understanding to the rhythm of the market. theory is great, but application and tinkering is more important).
I do like Mack's PATsTrading manuals, they are a good read to gain perspective (you can find them free online if you poke around but buy one not to be a jerk, it's more about time put into putting them together). [There are nay sayers, but it's about getting as much knowledge and practice then filtering. There is no ONE WAY that works for all.]
And watch end of day videos or intraday videos, then go back and spend like 4 hours going through the sim or in demand and see if you can see what they saw. DO NOT FAST FORWARD! You need to CONDITION yourself to the pulse of the market. Do that for 4-6 months. Honestly, read and try, the only way you'll learn (think of this education as an apprenticeship not a college degree, ie experiential learning).
- Taught mathematics and entrepreneurship at the college level -