Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
That is why I created the image cacher (see changelog thread), so externally hosted images will now be cached and saved on futures.io (formerly BMT) servers so that they never expire, go missing, etc. Can't fix what's in the past, but can prevent it going forward.
I read The Intelligent Investor about 3 years ago. It's a heavy read. Not something I would advise reading just before bed. I found it interesting but mostly I struggled to get through the very dense and boring style of writing.
I have since completed a 2 year certification in investment analysis and portfolio management. So if I had to read it again I would probably appreciate it a lot more than what I did back then. Unfortunately back then, I probably didn't gain a whole lot from it. And would expect a similar result from anyone who hasn't had some level of basic study in the world of investing.
ps. This forum is generally focused on trading. So I would be surprised if you find very many people that have read it.
It's written in the format of the course, meant to be a replacement to it. There is no fluff here, everything is backed by research, citing many very interesting experiments. This book turned me on to the correlation between HRV (heart rate variabililty) readings and our ability to control ourselves, and what what we can do to improve that metric. I bought a HRV monitor for the eventual purpose of an additional quantifiable trading psychology metric, now I just need to find the time to trade .
Would it be possible/make sense to conduct a poll on the most popular books/authors....can have different categories...would provide easier clarity....though easier said than done.
trading strategies price action
technical analysis
trading psychology
etc
I realise that different people have different opinions, approaches and strategies but could be useful, fun and also quite interesting.
p.s.
I have gone through the thread and it serves a useful purpose to understand the scrutiny and reasoning behind the recommended books. I just have to go through the books now! Thanks to everyone who contributed their views.
The problem with most of the books about trading (primarily the how-to) is that they are all directed at the inexperienced , undercapitalized, and risk/ loss averse, retail trader - written in the most part by individuals who make their living from their book royalties, and not from trading. Most of these books reinforce a very anachronistic retail mindset that is certainly not relevant to today's markets. Of course, these books are full of charts that show glaring examples of chart patterns, trendlines, and lagging indicators, all drawn ex post, that demonstrate the validity of their methodology, but fail to mention the times they don't work or the very real effects of bias. If one is to read a book about trading I would recommend one that details the methodology, strategies, and mindset, of extremely successful and proven traders. Learn how to think like a professional trader, and then learn how to trade like one