Dalal Street Community For Traders & Investors For Discussing Stocks Commodities & Forex
SEARCH ANYTHING

Go Back   Dalal Street Community For Traders & Investors For Discussing Stocks Commodities & Forex > Blogs > Atmevaha
Register Blogs FAQ Members List Social Groups Calendar Search Today's Posts Mark Forums Read
INTRADAY STOCK CALLS    DAILY COMMODITY/FOREX CALLS    IPO DIARY


BLOG DESCRIPTION: This is blog, i have started so that i can help people understand what stock trading is all about. The main aim is to educate the massess and secondly help them with the tools of the trade.
My father once told me when i had failed very badly at a task at hand and was crying profisely, that sometimes in life son u have to jump of the bridge first and build ur wings on the way down. This blog is exactly for that sort of people. By the way "atmevaha" means "ourselves alone".



Rate this Entry

Knowledge is power

Posted 19th July 2008 at 11:31 PM by joesb213
Date 07/19/08 time 11.26 pm

Hi All,
A reading list which i feel i would give to someone who is starting out to becoming a serious trader would be as follows.O'neil's book, "How to make money in stocks" ( Mcgraw-hill, newyork, NY 1988). Another book that is must reading is "How i made two million dollars in the stock market" by nicholas darvas ( Lyle stuart, inc., Secaucus, NJ 1986). A lot of people laugh at the title, but it is fun reading and u learn a ton from this book. Another book i would recommend is "Reminisceenes of a stock operator" by Edwin Lefevre ( reputedly about Jisse Livermore). Livermore himself wrote a very thin volume, "How to trade in stocks" ( Institute for economic and financial research, Albuquerque,NM, 1986).A good one what to look for individual stocks is "Super Performance Stocks" by Richard Love ( Prentice Hal, Englewood Cliffs, NJ, 1977). The book has a great study on the greatest winners of all time. Another good one on picking stocks is " Profile of a growth stock" by Kermit Zieg and Susannah H. Zieg( Investors Intelligence, Larchmont, NY, 1972). I would also recommend Marty Zeig's book, "Winning on Wall street" ( Warner Books inc., NY, 1986) and Stan Weinstein's " Secrets for profiting in Bull and Bear markets"( Dow, Jones-Irwin,NY,1988), which has some good sections on short selling. Finally, on Elliot Wave Analysis, Which I think has some validity, there is "Elliot Wave Principle" by Frost and Prechter ( New Classic Library, ,Inc, Gaineville, GA, 1978) and a book called "Super Timing" by an Englisj fellow namedBeckman ( Milestones Pubblishers, London).
All these books are good, but one can learn the most from the markets themselves. Everytime I trade in a stock, I wirte down the reasons why I did what i did. Doing this helps me ceement in my mind the characteristics of a winning trade, It also hels me learn from my mistakes. Mind you I have no qualms about admitting that i have learnt more from my mistakes. The good point is that I dont commit them again after learning from them.



Comments 0 Email Blog Entry
Total Comments 0

Comments

Post a Comment Post a Comment
Recent Blog Entries by joesb213


Disclaimer:
As we all know that investing in any equity market is risky. Recommendations made by our board members are believed to be based on thier reliable and authenticated sources which are believed to be true and accurate, and also technical analysis is assumed to be based on and conceived from charts and/or by other means.
Investors should take their own decisions. We assume no responsibility for any transactions undertaken by them. The author/admin won't be liable or responsible for any financial losses made to anybody.
In case of any doubt you must post a reply and ask our members for clarification over the messages posted by them in the forum.

Thank You


ADMIN
Dalal Street Forums


All times are GMT +5.5. The time now is 09:32 AM.


Powered by vBulletin® Version 3.8.1
Copyright ©2000 - 2009, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.0
Copyright © 2006 - 2009, Anand Web Services. All Rights Reserved.




1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55