If you are going to read only one book. Then it should be on...

  1. 4,600 Posts.
    If you are going to read only one book. Then it should be on accounting. It is a paramount above anything else that you know how to read a balance sheet and understand it.

    Ideally enroll into entry level accounting course over one or two semester via a open tech or university.

    Second to that read the books "trading for a living" & "sell and sell short" by Dr Alexander Elder, not necessarily for trading technique, but on how to keep a trading diary, control risk and capital management.

    Then for best books overall on understanding market trading/investing & psychology.

    Jesse Livermore: World's Greatest Stock Trader & Reminiscences of a Stock Operator

    If you want to learn technical charting, good place to start is stockcharts.com and all their available study material.

    You don't need to spend $100s on books for trading simply because there is so much information on the internet. Unfortunately that doesn't include stock forums on HC, as it's mainly just individuals desperately ramping one penny stock or another.

    Also what every you do, don't subscribe to any newsletters, tip sheets etc, complete waste of money and just a scam. If the people behind those tip sheets and newsletters were any good, they wouldn't be writing them in first place. Only thing they are good at is taking money from people gullible enough to subscribe.



    Kat.




 
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