Book picks similar to
Trading Beyond the Matrix: The Red Pill for Traders and Investors by Van K. Tharp
trading
finance
psychology
investing
The Candlestick Trading Bible - Invented by Munehisa Homma
Munehisa Homma
😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊 Click Link Below to Download Candlestick Trading Bible™!!! 👉👉 http://linkis.co/TheCandlestickTradin... 😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊Through Candlestick Trading Bible, you will develop a winning trading mindset, and your brain will get used to identifying only high-probability setups that lead to big profits.It was invented by Homma Munehisa.The father of candlestick chart patterns.This trader is considered to be the most successful trader in history, he was known as the God of markets in his days, his discovery made him more than $10 billion in today’s dollar.I have spent 10 years compiling, testing, organizing, and consistently updating this method to create my own new version, which is considered to be the easiest and most profitable trading system.The Candlestick trading bible is the trading method that is going to finally take your trading to where it should be, consistent, profitable, easy and requiring very little time and effort.This trading system is based on Japanese candlestick patterns in combination with technical analysis.All what you have to do is to spend as much time as you can to master the method that i’am going to share with you and use it to trade any financial market.Learning Japanese candlestick is like learning a new language. Imagine you got a book which is written in a foreign language, you look at the pages but you get nothing from what is written.The same thing when it comes to financial markets. If you don’t know how to read Japanese candlesticks, you will never be able to trade the market.Japanese candlesticks are the language of financial markets, if you get the skill of reading charts, you will understand what the market is telling you, and you will be able to make the right decision in the right time.😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊 Click Link Below to Download Candlestick Trading Bible™!!! 👉👉 http://linkis.co/TheCandlestickTradin... 😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊
How to Make Money Trading with Candelstick Charts
Balkrishna M Sadekar - 2011
Sadekar-2011-EDN-1
Learn to Earn: A Beginner's Guide to the Basics of Investing and Business
Peter Lynch - 1995
The reason, say Lynch and Rothchild, is that the basics of investing—the fundamentals of our economic system and what they have to do with the stock market—aren’t taught in school. At a time when individuals have to make important decisions about saving for college and 401(k) retirement funds, this failure to provide a basic education in investing can have tragic consequences. For those who know what to look for, investment opportunities are everywhere. The average high school student is familiar with Nike, Reebok, McDonald’s, the Gap, and The Body Shop. Nearly every teenager in America drinks Coke or Pepsi, but only a very few own shares in either company or even understand how to buy them. Every student studies American history, but few realize that our country was settled by European colonists financed by public companies in England and Holland—and the basic principles behind public companies haven’t changed in more than three hundred years. In Learn to Earn, Lynch and Rothchild explain in a style accessible to anyone who is high school age or older how to read a stock table in the daily newspaper, how to understand a company annual report, and why everyone should pay attention to the stock market. They explain not only how to invest, but also how to think like an investor.
The Undoing Project: A Friendship That Changed Our Minds
Michael Lewis - 2016
One of the greatest partnerships in the history of science, Kahneman and Tversky’s extraordinary friendship incited a revolution in Big Data studies, advanced evidence-based medicine, led to a new approach to government regulation, and made much of Michael Lewis’s own work possible. In The Undoing Project, Lewis shows how their Nobel Prize–winning theory of the mind altered our perception of reality.
Elliott Wave Principle: Key to Market Behavior
Robert R. Prechter Jr. - 1978
The Stock Market Outsider: Becoming a Billionaire: Valuable, Practical Insight
Philip Fanara - 2014
With this huge amount of money moving around daily, the average investor never becomes rich in the stock market. Why is this?Average investors do not become rich because they do not know how to apply psychology and business acumen to investment decisions. Instead they attempt to mimic the behaviors of successful investors such as Warren Buffett, George Soros, and Carl Icahn in a desperate bid to achieve half their success. Millions of investors mimic these strategies and still do not become rich.This fact applies universally – even the most successful psychologists, corporate executives, statisticians, and finance professors cannot seem to leverage their knowledge to succeed in the market.Does this mean that it is impossible to become rich in the stock market? Of course not; it is very possible to become rich in the market. The distinguishing difference between the average investor and the successful investor is a history of consistent, insightful trading.Becoming better than the average investor means seeking out knowledge that the average investor does not have. Nearly all investment books are devoid of this prized knowledge – which is why the average investor, reading the average investment book, never acquires sufficient insight to succeed in the market.“The Stock Market Outsider: Becoming a Billionaire” ventures into a realm beyond that of the average investment book. It provides an interesting, practical approach to succeeding in the market using psychology and business acumen to drive investment decisions. The book focuses on the core principle of stock market success – investing in businesses that are most likely to increase in value and understanding when to enter and exit positions. It disregards the unnecessarily complex and risky trading strategies that many traders use to their own doom – strategies that are closer to gambling than true investing.The author, Philip Fanara, is a Certified Internal Auditor with a career broadly spanning over multiple business areas. He is an avid data miner, possessing over 10 years of investment experience, an M.B.A. from Louisiana State University, and is certified in Risk Management Assurance. "The Stock Market Outsider: Becoming a Billionaire" is the culmination of his years of experience, education, and research on business and investments. The strategy detailed throughout the book was developed after devoting a year to intensely analyzing market data, psychology, and his past trading successes and failures.
The Big Short: by Michael Lewis
aBookaDay - 2016
If you have not yet bought the original copy, make sure to purchase it before buying this unofficial summary from aBookaDay. SPECIAL OFFER $2.99 (Regularly priced: $3.99) OVERVIEW This review of The Big Short: Inside the Doomsday Machine by Michael Lewis provides a chapter by chapter detailed summary followed by an analysis and critique of the strengths and weaknesses of the book. The main theme explored in the book is how corruption and greed in Wall Street caused the crash of the subprime mortgage market in 2008. Despite being completely preventable, the big firms in Wall Street chose to ignore the oncoming fall in favor of making money. Michael Lewis introduces characters—men outside of the Wall Street machine—who foresaw the crisis and, through several different techniques, were able to predict how and when the market would fall. Lewis portrays these men—Steve Eisman, Mike Burry, Charlie Ledley, and Jamie Mai—as the underdogs, who were able to understand and act upon the obvious weaknesses in the subprime market. Lewis’s overall point is to demonstrate how the Wall Street firms were manipulating the market. They used loans to cash in on the desperation of middle-to-lower class Americans, and then ultimately relied on the government to bail them out when the loans were defaulted. Using anecdotes and interviews from the men who were involved first-hand, the author makes the case that Wall Street, and how they conducted business in regards to the subprime mortgage market, is truly corrupt beyond repair, and the men he profiles in this novel were trying to make the best out of a bad situation. By having the words from the sources themselves, this demonstrates Lewis’s search for the truth behind what actually happened. Ultimately, we as an audience can not be sure if the intentions of these underdogs were truly good, but Lewis does an admirable job presenting as many sides to the story as possible. The central thesis of the work is that the subprime mortgage crisis was caused by Wall Street firms pushing fraudulent loans upon middle-to-lower class Americans that they would essentially not be able to afford. Several people outside of Wall Street were able to predict a crash in the market when these loans would be defaulted on, and bought insurance to bet against the market (essentially, buying short). Over a time period from roughly 2005-2008, the market crashed and huge banks and firms lost billions of dollars, filed for bankruptcy, or were bailed out by the government. These men, the characters of Lewis’s novel, were able to bet against the loans and made huge amounts of money, but it was not quite an easy journey. Michael Lewis is a non-fiction author and financial journalist. He has written several novels—notably Liar’s Poker in 1989, Moneyball in 2003, and The Blind Side in 2006. Born in New Orleans, he attended Princeton University, receiving a BA degree in Art History. After attending London School of Economics and receiving his masters there, he was hired by Salomon Brothers where he experienced much about what he wrote about in Liar’s Poker. He is currently married, with three children and lives in Berkeley, California. SUMMARY PROLOGUE: POLTERGEIST Michael Lewis begins his tale of the remarkable—and strange—men who predicted the immense fall of the housing market by immediately exposing himself as the exact opposite type of person from them. He explains to the reader that he has no background in accounting, business, or money managing.
The Complete Penny Stock Course: Learn How To Generate Profits Consistently By Trading Penny Stocks
Jamil Ben Alluch - 2018
The Complete Penny Stock Course is based on Timothy Sykes’, various training programs. His strategies have helped individuals like Tim Grittani, Michael Goode and Stephen Dux become millionaires within a couple of years. This course aims to teach you how to become a consistently profitable trader, by taking Tim’s profit-making strategies with penny stocks and presenting them in a well-structured learning format. You’ll start by getting acquainted with the concepts of market and trading psychology. Then you’ll get into the basics of day trading, how to manage your risk and the tools that will help you become profitable. Along the way, you’ll learn strategies and techniques to become consistent in your gains and develop your own trading techniques. What’s inside: - Managing expectations and understanding the market - Understanding the psychology of trading and how it affects you - Learning the basics of day trading - Learning the mechanics of trading penny stocks - Risk management and how to take safe positions - How to trade through advanced techniques - Developing your own profitable trading strategy - Real world examples and case studies No prior trading experience is required.
Poor Richard's Retirement: Retirement for Everyday Americans
Aaron Clarey - 2017
Never started a 401k or IRA? Don’t worry. And are you so far behind in your personal finances you’re worried you’ll never be able to retire? It’s all good. Because whether you know it or not, the entire US retirement system is horribly flawed and was doomed to fail anyway. And that’s why every American needs to read “Poor Richard’s Retirement.” “Poor Richard’s Retirement” is a revolutionary retirement system because, unlike today’s conventional retirement planning, it works. It puts retirement easily within the reach of your everyday man. Whether you have student loans, a mortgage, are behind in your retirement planning, or have no retirement savings at all, “Poor Richard’s Retirement” bypasses it all by showing you how little you truly need to retire. And it does so through the simple truth that happiness is not found in $400 yoga pants, luxury SUV’s, McMansions, or whatever lies they’re selling you on TV, but through love of family, friends, and your fellow man. All of which are free. Make retirement infinitely easier and life happier. Buy “Poor Richard’s Retirement” today. Nobody in America has saved enough for retirement…until now.
The Joys of Compounding: The Passionate Pursuit of Lifelong Learning
Gautam Baid - 2019
Distilling generations of investment and life lessons and compiling it with his personal experiences into a comprehensive guide on value investing, Baid demonstrates their practical applications in the areas of business, investing, and decision making.The Joys Of Compounding is a celebration of the value investing discipline. It takes investors beyond stocks and business fundamentals to give them a valuable and compelling life philosophy. All lifelong learners will find this book immensely useful as a timeless source of insight and inspiration.
The Simple Path to Wealth: Your road map to financial independence and a rich, free life
J.L. Collins - 2016
You'll never find a wiser advisor with a bigger heart.” -- Malachi Rempen: Filmmaker, cartoonist, author and self-described ruffian This book grew out of a series of letters to my daughter concerning various things—mostly about money and investing—she was not yet quite ready to hear. Since money is the single most powerful tool we have for navigating this complex world we’ve created, understanding it is critical. “But Dad,” she once said, “I know money is important. I just don’t want to spend my life thinking about it.” This was eye-opening. I love this stuff. But most people have better things to do with their precious time. Bridges to build, diseases to cure, treaties to negotiate, mountains to climb, technologies to create, children to teach, businesses to run. Unfortunately, benign neglect of things financial leaves you open to the charlatans of the financial world. The people who make investing endlessly complex, because if it can be made complex it becomes more profitable for them, more expensive for us, and we are forced into their waiting arms. Here’s an important truth: Complex investments exist only to profit those who create and sell them. Not only are they more costly to the investor, they are less effective. The simple approach I created for her and present now to you, is not only easy to understand and implement, it is more powerful than any other. Together we’ll explore: Debt: Why you must avoid it and what to do if you have it. The importance of having F-you Money. How to think about money, and the unique way understanding this is key to building your wealth. Where traditional investing advice goes wrong and what actually works. What the stock market really is and how it really works. Why the stock market always goes up and why most people still lose money investing in it. How to invest in a raging bull, or bear, market. Specific investments to implement these strategies. The Wealth Building and Wealth Preservation phases of your investing life and why they are not always tied to your age. How your asset allocation is tied to those phases and how to choose it. How to simplify the sometimes confusing world of 401(k), 403(b), TSP, IRA and Roth accounts. TRFs (Target Retirement Funds), HSAs (Health Savings Accounts) and RMDs (Required Minimum Distributions). What investment firm to use and why the one I recommend is so far superior to the competition. Why you should be very cautious when engaging an investment advisor and whether you need to at all. Why and how you can be conned, and how to avoid becoming prey. Why I don’t recommend dollar cost averaging. What financial independence looks like and how to have your money support you. What the 4% rule is and how to use it to safely spend your wealth. The truth behind Social Security.
How to Avoid Loss and Earn Consistently in the Stock Market: An Easy-To-Understand and Practical Guide for Every Investor
Prasenjit Paul - 2015
Why?Plenty of free trading tips are available across Television and Internet; still maximum small investors are unable to earn significant return consistently from trading. Why?Why maximum individuals still consider the stock market as a place for gambling?Investing in high-quality business (stock) at the right price and holding them for a reasonable period is the only way for wealth creation.Written in an easy-to-understand and simple language, this book will guide you on how to select fundamentally strong business, when to buy and sell stocks and above all how to minimize or avoid loss in the stock market. Chapters- 1. How to avoid loss in the stock market?2. Stock Market is NOT risky at all3. First step of picking winning stocks4. How to evaluate management?5. Valuation - It matters much6. When to buy and when to sell7. Do's and don'ts to avoid loss in the stock market8. How to construct your portfolio?9. Is it required to follow an equity advisor?10. Quick formula for picking winning stocks11. Little bit of myself - Important Lessons to be learntThe book ends with a small note on "Life is not all about the stock market and money"
Diary of a Hedge Fund Manager: From the Top, to the Bottom, and Back Again
Keith McCullough - 2009
One of the best young portfolio managers on Wall Street, and helping to run the hedge fund operation of one of the world's most prestigious firms, Keith McCullough finds himself a lone voice of reason as the economic crisis of 2008 looms large. Shown the door, his life takes a fascinating turn into the world of independent research and no-holds-barred criticism.Reveals the unvarnished truth of how Wall Street and hedge funds really operate Deftly details how to analyze the markets expertly and avoid group think using technical and fundamental measures Each topic is thoroughly discussed and followed up with lessons you can take away and put to use Written with the authority of someone who knows how Wall Street and hedge funds work, yet accessible to even a casual follower of finance, Diary of a Hedge Fund Manager mixes a constructive critique of the investment industry with fundamental lessons that any investor will find valuable.
Technical Analysis Using Multiple Timeframes
Brian Shannon - 2008
How to enter established trends at low risk, high profit levels Recognize and profit from the cyclical flow of capital through all markets Estimating profit potential in a trade Correct stop placement for preservation of capital and maximization of winners Tips on how to recognize and control costly emotional decisions Why fundamental analysis matters Brokerage firm dirty tricks to profit from your account with hidden fees Learn to anticipate rather than react to price movement Specific strategies for entering, managing and exiting long and short trades Short squeeze dynamics How to properly analyze and use volume and moving averages When the Level 2 screen is helpful And Much More!