New to trading - Got a bunch of books. Scared to learn outdated things.

Discussion in 'Educational Resources' started by Turiacus, Mar 8, 2018.

  1. Turiacus

    Turiacus

    Hello everyone,

    This is my first post, I ended up finding this forum while searching for a book I own "The way of the Turtle". And Im glad I found it!

    The thing is, Im new to trading, got into cryptos for about a year, but Im trading only from what I quickly learned on some videos/tradingview etc.

    My portfolio has increased quite nicely and I thought I should be more pro on this. Im a former professional poker player (online mostly), and Im only 25 years old. I feel that I have a chance to make this work.

    I got about 70 books from a retired trader that put an ad on a facebook page selling all those books for 5€, I thought the ad was for for me, I grabbed the chance and made 150km to go grab them.

    The thing is... They are all old books pretty much, and Im scared to learn outdated stuff.
    Still I believe there is some value on it of course, and the aspect of it being real books and helping me stay away from screens a bit seems wonderful.

    If someone mind helping me, by pointing me on the right path, I would appreciate it, here is the list of all the books I have:
    1. Trading Commodities & Financial Futures - George Kleinman
    2. Technical Analysis for the Trading Professional - Constance Brown
    3. The Three Skills of Top Trading - Hank Pruden
    4. Options as a Strategic Investment - Lawrence G. McMillan
    5. How I trade for a living - Gary Smith
    6. The Japanese Chart of Charts - Seiki Shimizu
    7. Market Trading Tactics - Daryl Guppy
    8. Cybernetic Trading Strategies - Murray A. Ruggiero, Jr.
    9. Trading Chaos - Bill Williams & Justine Gregory-Williams
    10. Astro-Cycles & Speculative Markets - L. J. Jensen
    11. Gaming the Market - Ronald B. Shelton
    12. Stock Trading Techniques - Michael Harris
    13. Come Into My Trading Room - Dr. Alexander Elder
    14. New Trading Dimensions - Bill Williams,.PHD
    15. Beyond Greed and Fear - Hersh Shefrin
    16. Way of the Turtle - Curtis M. Faith
    17. Design, Testing and Optimization of Trading Systems - Robert Pardo
    18. How I made $2,000,000 In The Stock Market - Nicolas Danvas
    19. The New Fibonacci Trader Workbook - Robert Fischer
    20. Support & Resistance Simplified - Michael C. Thomsett
    21. Tape Reading & Markets Tactics - Humphrey B. Neill
    22. Gann Simplified - Clif Droke
    23. The Market Maker's Edge - Josh Lukeman
    24. Charting the Stock Market - The Wyckoff Method - Jack K. Hutson
    25. Real Options - Tom Copeland / Vladimir Antikarov
    26. Astro-Cycles: The Trader's Viewpoint - Larry Pesavento
    27. Cyclic Analysis - J. M. Hurst
    28. The Opening Price Principle - The Best Kept Secret on Wall Street - Larry Pesavento / Peggy MacKay
    29. Japanese Candlestick Charting Techniques - Steve Nison
    30. W. D. Gann Treasure Discovered - Robert Krausz, MH.BCHE
    31. Mastering Elliot Wave - Glenn Neely
    32. Dynamic Trading - Robert C. Miner
    33. The Geometry of Stock Market Profits - Michael S. Jenkins
    34. Quantitative Trading - Ernest P. Chan
    35. Dynamic Trading Indicators - Mark W. Helweg & David C. Stendahl
    36. The Day Trader's Survival Guide - Christopher A. Farrell
    37. The Candlestick Course - Steve Nison
    38. Tolls and Tactics for the Master Day Trader - Oliver Velez & Greg Capra
    39. Technical Analysis and Stock Market Profits - Richard W. Schabacker
    40. Technical Analysis of Stock Trends - Robert D. Edwards and John Magee
    41. Encyclopedia of chart patterns - Thomas N. Bulkowski
    42. Trading Classic Chart Patterns - Thomas N. Bulkowski
    43. The Definitive Guide to Point and Figure - Jeremy du Plessis
    44. Geometry of Markets - Bryce T. Gilmore
    45. Intermarket Analysis - John J. Murphy
    46. Intermarket Technical Analysis - John J. Murphy
    47. New Market Timing Techniques - Thomas R- DeMark
    48. Profitable Candlestick Trading - Stephen W. Bigalow
    49. Pattern Classification - Richard O. Duda / Peter E. Hart / David G. Stork
    50. Selective Forex Trading - Don Snellgrove
    51. Planetary Harmonics of Speculative Markets - Larry Pesavento
    52. Financial Astrology - Lcdr. David Williams
    53. Profitability and Systematic Trading - Michael Harris
    54. Forecasting Financial Markets - Tony Plummer
    55. The Complete Idiot's Guide to Options and Futures - Scott Barrie
    56. The Mathematics of Technical Analysis - Clifford J. Sherry & Jason W. Sherry
    57. How to Read the Financial Pages - Michael Brett
    58. Astrology and Stock Market Forecasting
    59. The Stock Market Barometer - William Peter Hamilton
    60. Study Guide for Technical Analysis Explained - Martin J. Pring
    61. The Four Biggest Mistakes in Option Trading - Jay Kaeppel
    62. Stock Market Technique Number One & Two - Richard D. Wyckoff
    63. How Buffet Does It - James Pardoe
    64. The (Mis)Behaviour of Markets - Benoit B. Mandelbrot and Richard L. Hudson
    65. How I trade and Invest in Stocks and Bonds - Richard D. Wyckoff
    66. Studies in Tape Reading - Richard D. Wyckoff
    67. You can be a Stock Market Genius - Joel Greenblatt

    Thank you very much in advance.

    Cheers!
     
    comagnum and zdreg like this.
  2. jinxu

    jinxu

    Damn, what a list and not a single one of them I would recommend.

    And...

    Seriously??
     
    Last edited: Mar 8, 2018
  3. tommcginnis

    tommcginnis

    Keep 4; 45+46; 64.

    Sell the rest.
    (I'd say "Burn 'em!" but there's a dollar to be had in there....:D)
     
  4. Turiacus

    Turiacus

  5. JSOP

    JSOP

    No need for books! Just go the internet and do some research on technical analysis, how market react to news events/economic numbers and candlesticks and that's all you need. Next, get a practice account, observe the market, develop a trading system, papertrade the system EXACTLY like how you would trade in real life for AT LEAST 6 months to a year. If your system is profitable for at least 6 months, trade live! That's it.

    Remember trading makes perfect. Good luck!
     
    Last edited: Mar 8, 2018
  6. fan27

    fan27

    You are probably better off ditching them all and replacing them with "how to program" books.
     
    digitalnomad and Handle123 like this.
  7. JSOP

    JSOP

    You sure you don't want to keep "Astro-Cycles & Speculative Markets - L. J. Jensen" and "Planetary Harmonics of Speculative Markets - Larry Pesavento" or "Astrology and Stock Market Forecasting"? Those tea leaves are mighty useful... :sneaky:
     
    drcruz and tommcginnis like this.
  8. jinxu

    jinxu

    Notice that. I think the "retired trader" was getting desperate or something.
     
    JSOP likes this.
  9. Sprout

    Sprout

    Some of those are out-of-print and hard to come by. There are classic's in there and some silly ones. Some would consider it a treasure, Do your research.

    Market forces are composed of human judgement, motivated by emotion. The spectrum of human emotions are the same as they ever were.

    Principals are durable.

    It's supportive to know what came before, with what is happening now, so that what must come next comes into view.
     
    Handle123, soulfire and lcranston like this.
  10. I would say all that is bullshiat. But I just don't know. Best of luck!
     
    #10     Mar 8, 2018