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So You Made Some Money On GameStop And Want To Learn More About The Stock Market?

Here Are 7 Investment Books Worth Reading

 With stocks in the news, there's been a lot of talk about where to learn investing.

Many suggestions are terrible with comments promoting Forex scammers, overpriced courses, or dull academic books like "The Intelligent Investor."
Luckily, there are also plenty of fun and interesting books on finance. Many of which are written by legendary investors who consistently beat the market.

And, there are plenty of fantastic biographies, covering historical market events and old school traders.
Below are SEVEN titles worth reading.

The first book is my personal favorite, but none of the others are in any particular order.

DISCLAIMER: I'm Using Amazon Referral Links Below, But It Doesn't Influence The List. Also, You Can Get All These At Your Local Library.
1. ONE UP ON ALL STREET BY PETER LYNCH

Peter Lynch is the greatest investor of all-time, outperforming Warren Buffett.

This is a fantastic, easy-to-read look at how to successfully buy winning stocks and multiple your money.
One Up On Wall Street covers virtually every aspect of investing, and is often a favorite book among professional investors.

If you only read one book on stocks, make it this one.

https://t.co/hZQoeDewHT
2. THE RICHEST MAN WHO EVER LIVED BY GREG STEINMETZ

Jakob Fugger is often considered one of the very first capitalists ever. he helped fund expeditions to Asia and the America's, played power games with European royalty, and built a personal empire.
One interesting thing about this book is HOW LITTLE HAS CHANGED when it comes to money and investments.

In 16th Centenary Frankfurt, homeowners made more money by renting their houses during a week-long trade fair than they earned from working all-year at their regular jobs.
The Richest Man Who Ever Lived is a fun, and informative read if you like politics, history, and finance.

While Jakob Fugger lived long before the modern stock market, you can still learn a lot from him.

https://t.co/qcGjAWO2jz
3. UNKNOWN MARKET WIZARDS BY JACK D. SCHWAGER or MONEY MASTER THE GAME BY TONY ROBBINS

I'm actually using this spot for two books which are somewhat similar, though aimed at different audiences.

Unknown Market Wizards is a collection of interviews with successful traders.
You'll learn about options, stock picking and market analysis.

Many of the interviews are fascinating too, there's a trader who made $1 million during his first year of investing, all through his personal brokerage account and all by reading forums and message boards.
However, Unknown Market Wizards is a bit more complex than the other book listed here, Tony Robbin's Money: Master The Game.

Money: Master The Game interviews professional investors and traders (many of whom you've probably heard of, like Ray Dalio).
What's great about this book is the fact that it breaks difficult concepts down by using anecdotes and examples, making it very easy for you to understand concepts like the "Asymmetrical Bet."
Both books are worth reading, and each is filled with interesting insights from some of the world's greatest investors.

Unknown Market Wizards - https://t.co/IiP2rw04me

Money: Master The Game - https://t.co/SMjGFqnFr3
4. DARK GENIUS OF WALL STREET BY EDWARD J. RENEHAN JR.

Media pundits cry about GameStop and crazy markets. But 2021 is nothing like the old days.

Long before GameStop, there was the Erie Railroad. This was a major battleground where investors made (and lost) fortunes.
Jay Gould was an 1800's financial speculator made his bones trapping and tricking opponents in some of the greatest stock market plays of all-time.

He cornered the gold market, tried kidnapping rival Gordon-Gordon, and took control of Western Union in their heyday.
If you want to see a true market master, read Dark Genius Of Wall Street.

https://t.co/E1fGfksU3m
5. INVESTMENT BIKER BY JIM ROGERS

A lot of rich people are boring. That's not the case with Jim Rogers.

From From 1970 to 1980, Rogers grew his Quantum Fund portfolio 4200%.

Then he retired and went on a worldwide motorcycle tour.
Investment Biker is all about Rogers' trip. It's an incredible travel story filled with danger and excitement, but you also get to see how a shrewd financial mind calculates decisions.
You'll learn about history, geography, real estate, mining, stocks, agriculture, and how all these things affect economies and markets.

https://t.co/Elw8LG9aeq
6. EVERYBODY OUGHT TO BE RICH BY DAVID FARBER

This is not a book about dueling with traders or how to buy assets.

Instead, it is an inspiring biography about John Raskob, stocks, corporations, and America's transformation into an industrial powerhouse.
"At the beginning of 1900, John Raskob had been a provincial twenty-year-old with a dead-end job in small-town upstate New York. A dozen years later, he had a leading role in one of the nation's fastest growing industrial corporations [DuPont]."
Raskob used his wits to leave his hometown, catch the growing trend of mass industrialization, and become an important (though somewhat obscure) figure in American history.
This is a fantastic book that showcases the power of investing, deal making, and recognizing opportunities you can take advantage of.

https://t.co/bFea9iNuvo
7. THE SOVEREIGN INDIVIDUAL BY JAMES DALE DAVIDSON AND WILLIAM REES-MOGG

This book is WILD. The Sovereign Individual was written over 20 years ago and yet much of its content is only now coming to light.
The book discusses ideas like decentralization, digital currencies, how establishments will break down due to technology equalizing individual citizens, and how the the digital world will alter structure of society.
While the author's didn't get all their predictions right, they nailed enough of them to make this book well worth a read; especially if you are curious about where the future is heading.

https://t.co/QJZAjWaHlB

More from Trading

Edwin Hayward \U0001f984 \U0001f5e1
Edwin Hayward 🦄 🗡...
@uk_domain_names
Here's how the UK's situation will change after the transition period ends, compared to our former EU membership...

(Come back to this thread. It will keep growing!)

- UK can negotiate its own trade deals
- No more automatic participation in new trade deals reached by the EU

- UK gets to keep fish equivalent to 25% of the catch EU boats previously caught in UK waters, staggered over 5.5 years
- Costly export health certificates for fishery products
- Inbound and outbound customs and regulatory checks (UK side will defer some of these temporarily)

- Stringent rules of origin and local content requirements
- Loss of freedom of movement for UK citizens in the EU and EU citizens in the UK (Ireland excepted)
- No Erasmus programme
- No equivalence decision for financial services

- A border down the Irish sea between NI & GB
- No access to the Galileo military
- Temporary agreement on data, which expires in 6 months
- 2 parallel trademark systems, requiring firms to file twice in the UK and the EU

- 2 parallel product conformity assessment systems (CE and UKCA), requiring firms to file twice in the UK and the EU. One year grace period (with exceptions).
- 2 parallel chemical regulatory systems (REACH and UK REACH), requiring firms to register twice in the UK and the EU
TRADING
Anarchist \U0001f4a3Federation \u2764\U0001f5a4
Anarchist 💣Federation ...
@AnarchistFed
While watching the GameStop stuff has been mildly hilarious (I mean who doesn't like watching the financial elite squirm?) it's pretty clear that a whole bunch of folk have convinced themselves this is ACTUALLY some kind of revolutionary activity. It isn't. 1/


Sure, it's highlighted yet another way in which the bastards profiteer but that's about it, stick it on the pile with the fifty other pro tips to keep the poor, well poor... It's todays banter and tho a few folks might have egg on their faces, literally nothing will happen. 2/


GameStop's three largest shareholders have earned £1.5bn+ during this. They sit at the top of some 200 institutions which are rolling. Meanwhile the ersatz rebels are now watching the bubble, realising there is profit to be made and having a wibble. 3/


No doubt some TRULY believe they are taking part in some kind of revolution but frankly it's utterly absurd and the vast majority are in it for the lulz and to cash in quick.

I'm sorry to tell you this, but you don't own GameStop.

4/


The reality is, the scale of the economic disparity and corruption is simply vast. Billionaires loosing a few millions means nothing. They buy one less yacht and you continue to live meal to meal.

The "Free Market" changes a few systems and the abuse continues. 5/
TRADING
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Trader knight
Trader knight
@Traderknight007
A THREAD ON SL, TSL AND RE-ENTRIES-


WHERE TO PUT THE SL-

1. NEAREST PIVOT/SWING POINTS-

Normally I use this method for placing sl, In this method we use swing point for placing the SL.

As normally the stock would not try to go below previous swing point if it is to go in our direction.


2. ATR method-

Sometimes the Stock do not have any nearest pivot at time of buy, So we use this method as it gives us a level on basis of current volatility of the stock.

I use 1.5 ATR away sl , say the ATR at point of entry is 30, so I place sl
1.5 X, or 45 rs away from entry

In below example the entry is 120, ATR=5, SL= 1.5X ATR= 7.5 OR 113.

Nearest pivot was too far away, that’s why this method is used in these cases.


4. Anchor candles-

Anchor bars are those which have extreme Volume, gaps or wide Ranges.

Here, we place our sl below those candles which has the above characteristics.
TRADING
Varsity
Varsity
@ZerodhaVarsity
A 🧵on the basics of block and bulk deals.

Block and bulk deals are large purchases of stocks by investment banks, mutual funds, hedge funds, pension funds, FIIs, and promoters. Tracking block and bulk deals can help give you a sense of what these large players are thinking.

A single transaction where shares more than Rs 10 crores or the number of shares traded are more than 5 lakh is considered a block deal.

Block deals are carried out in separate trading windows. This trading window operates in two shifts of 15 minutes each:

Morning trading window from 8:45 AM to 9:00 AM.
Afternoon trading window from 2:05 PM to 2:20 PM

Block deals happen in different windows to reduce volatility and sudden price movements. Given that they are traded in a separate window, they do not show up on the volume charts.

Brokers facilitating the transaction are required to inform the exchange. You can track bulk and block deals on NSE & BSE:
https://t.co/pwTyzWTnUL

https://t.co/g9BbHiEag3
FINANCE , MARKETINFO , BLOCK DEALS
Mohit Sharma
Mohit Sharma
@mohitsharmadl
Traders often overlook the SHORT STRADDLE due to its simplicity.

It remains the TOP strategy to make money when the market is not trending.

Here's how you can make money using only the short straddle
in various market conditions

⬇️ A comprehensive thread🧵


A short straddle is the most basic neutral options strategy.

Where a call option and a put option are sold at the same strike price.

Max profit = Total premium received ( call leg + put leg )

Max risk = Unlimited

(using SLs would be wise)

Upper breakeven = Strike price + Total Premium received

Lower breakeven = Strike price - Total Premium received


Essentially short straddles are initiated when the trader is confident about the market staying in a certain range (between the breakevens of the straddle)

Long-term short straddles usually require fewer adjustments since the range is wide.

Since unlimited loss is a component of the strategy, the trader has to adjust the strategy to increase profit/ mitigating risk
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Vigilant AFA
Vigilant AFA
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One fascist to watch in 2021 is Joseph Charles "Oakman" Golinske of SE MI. He's been a Proud Boy for a couple years, but took a break recently from the group and promotes himself through the "Oak Nation" channel on Telegram.


Most people may be familiar with him as the tall guy in the Proud Boys bridge shot, from their August 17, 2019 attack on Portland, which featured an American Guard bus trying (and failing) to bludgeon antifascists with hammers.


He was also with his g/f at the time (Dominique Tota, left of Tarrio), and that's definitely a twitter account folks will want to block/report because he posts on it.


He's been plenty active at the pro-Covid/anti-mask/ReOpen protests in Lansing MI, seen here with Jerry Wayne and an effigy of Gretchen Whitmer, who his militia friends tried to kidnap and publicly execute.


Outside of the Proud Boys, his solo "career" with Oak Nation features the same misogyny, classism and gateway to far-right domestic terrorism the Proud Boys themselves feature. Here's him peddling oxychlorinque and bragging about harassing service workers.
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Murray \U0001f1fa\U0001f1f8
Murray 🇺🇸...
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NEW: @SidneyPowell1 radio interview w/ @toddeherman "The new report has a truckload of evidence of foreign interference in the election in it. That's what people seem to want to deny, even though the FBI & CISA ... issued an advisory and alert back on Oct. 30th & updated on

2/ Nov. 3rd, so for them to deny that now is absolutely absurd. Plus, we have an affidavit from an expert cyber-warfare [individual] who even shows the diagram of all the attacks coming in. We know that the VPN ... the Dominion people left those open and unencrypted on the night

3/ of the election, so that anybody could get in. We know that the packets of information went to Serbia [note: over 100 Dominion employees scrubbed there LinkedIn profiles of any affiliation with the company after the election, many of whom were in Serbia], Liechtenstein,

4/ Spain, Venezuela, Hunan, China & Hong Kong. There was traffic all over into our election system that is supposed to be self-contained, not accessible by the internet at all. We have witnesses who document that it was connected to the internet. We have a study out of

5/ [the Dominion voting system in Antrim] MI, they know that it was connected to the internet. They erased their audit files & their adjudication files, where they dumped over 68% of their ballots into a bin that they call "adjudication" [that would've been thousands + thousands
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Brian Armstrong
Brian Armstrong
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1/ Productivity tip: when I keep procrastinating on something I often trick myself by saying, "ok just work on it for the next 20 minutes" or some short period of time, "and then you can chill/relax guilt free" and give myself some treat (sugar, netflix, etc)

2/ Usually at the 20 minute mark (sometimes I set a timer) I'm so engrossed in what I'm doing that I don't want want to stop and end up working on it for the next hour or two. But getting started seems to be the hardest part.

3/ Key to this: you have to actually be ok with stopping after 20 minutes and being guilt free if that's how you feel. So it's not a trick, i have the option every time, I just often don't want to use it once i'm in the zone.
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Conviction | Patience
Conviction | Patience
@unseenvalue
H was always unseen in S2NL :)

Those who exited at 1500 needed money. They can always come back near 969. Those who exited at 230 also needed money. They can come back near 95.

Those who sold L @ 660 can always come back at 360. Those who sold S last week can be back @ 301
UVLEARNINGS
\uc2e0\ub150\uc758\uc0ac\ub098\uc774
신념의사나이...
@Belposto_korea
What does Gold- Backed mean?
The Chinese Elders have been accumulating gold for hundreds of years. They are gold-rich. Some of their gold was loaned to the Central Banking System so that it could fund the rebuilding of Europe after the many war-torn years from World Wars I and II

BTW they never returned it but used it to start their financial empire to enslave humanity. This is the Central Bank Banking System./2

Maybe this is why one of the conditions to use their gold for the QFS is the demise and full disclosure of the Central Bank banking system before the RV can take place./3

The Elders have caves of hidden gold and are now using it to gold-back the currencies in the QFS for every country in the world. It is important to understand that the QFS and the money it is about to release is all brand-new currency./4

It was designed by the Alliance to fund the new financial system that will reset all Currencies of the world to Gold-Backed currency./5
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