It is a collection of interviews with traders who have turned measly sums into great fortunes. From those interviews, one can extract a lot of insights.
After reading several trading-related books, I've curated a list of my favorite books that were a complete game-changer for me.
🧵Hope this thread helps all traders enhance their knowledge.
✅Please share your favorite books & YT too!
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It is a collection of interviews with traders who have turned measly sums into great fortunes. From those interviews, one can extract a lot of insights.
Darvas’s book is a fascinating read. He explains in readable terms how he made a small fortune in a short period. He explains a simple approach, now known as the Darvas Box for entering and exiting the market.
The book comes closest to having a real mentor, giving you practical advice. I like how the book is focused on the Mindset, Routine, Habits, and Pitfalls of traders instead of just strategies.
Wyckoff was an extremely successful stock market trader. His technical trading strategies and techniques have withstood the tests of over 75 years of changing markets.
The main lesson I learned from this book is “consistency”. You must choose consistency over every other reason or justification you have for trading.
It is the autobiography of "Jesse Livermore", A famous Wall Street speculator from 100 years ago. This book is a timeless masterpiece with insightful anecdotes on human greed and fear that remains relevant to this day.
“The” book for Market Profile Method. Mind Over Markets is well worth the read for anyone trading the markets and looking to expand their trading expertise beyond candlesticks and price action.
A game-changer. The book introduces Money Zone, Floor Pivots, and Camarilla Equations. This price-based indicator and its combinations can be used to infer about the current market and forecast ahead.
It's a great book. It exposes a lot of brutal truths about the trading industry while explaining how the social psychology of the masses manifests itself into the charts patterns that people bank on to make money.
The author has very thoughtfully crafted all option strategies, along with the rationale, impact, entry/exit, charts, greeks curves, etc. A most comprehensive reference for option strategies.
If you are a trader looking to expand your skills in the area of position sizing I recommend this book. Position sizing is the most difficult and most important part of trading to understand and use.
You will thoroughly enjoy reading this book. Various checklists and self-assessment tools Mr. Kiev proposes were worth consideration and have added up to my research processes.
(Indeed a Treasure)
1. Power of Stocks @subasish__pani
2. @elearnmarkets Face2Face
3. @PRSundar64
4. Trade with Trend @ST_PYI
5. @austinsilverfx
6. @Rayner_Teo
7. @robbooker
8. Tasty Trades
9. @Abhishekkar_
10. @TraderLion_
More from Screeners
If you’ve opened your Zerodha account recently, you may not know about some of the cool features we have across all the Zerodha products and platforms.
A thread on some features that will help you trade and invest better😀👇
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With GTT, you can place long-standing orders. You can place a target and a stop loss for the stocks you buy so that you don’t have to track the prices every day. The orders will remain active until triggered*🏖
If you trade large quantities of scrips with freeze quantity, for example, you'll have to open the order window each time. With sticky order window, the order form remains open even after you place an order so that you can quickly place multiple
With the Positions Analysis tool by @BeSensibull, you can see Max loss, Max profit, Breakeven probability of profit, Greeks, IVs and much more right on Kite.
You can also change the price and expiry to see how much you'll gain or lose.
A thread on some features that will help you trade and invest better😀👇
With Nudges, our aim is to help users avoid mistakes at the point of decision-making. We’ll nudge you when you’re about to make a mistake like buy dubious stocks, trade illiquid scrips, stocks with corporate actions etc. Here are a few Nudges that have helped users the most👇
With GTT, you can place long-standing orders. You can place a target and a stop loss for the stocks you buy so that you don’t have to track the prices every day. The orders will remain active until triggered*🏖
If you trade large quantities of scrips with freeze quantity, for example, you'll have to open the order window each time. With sticky order window, the order form remains open even after you place an order so that you can quickly place multiple
Normally after you place an order, the order window closes. With the Sticky order window, the order window remains open, making it easy to place multiple orders with the same input with just one click\u26a1rather than doing it all over again. This helps overcome qty freeze limits. pic.twitter.com/65kXY4h9f0
— Zerodha (@zerodhaonline) November 15, 2021
With the Positions Analysis tool by @BeSensibull, you can see Max loss, Max profit, Breakeven probability of profit, Greeks, IVs and much more right on Kite.
You can also change the price and expiry to see how much you'll gain or lose.
