Starting from scratch. Some good books/resources?

Discussion in 'Learn how to trade or invest by asking questions' started by comma, Nov 27, 2011.

  1. comma

    comma New Member

    I really want to put my foot forward and get into some trading. I am thinking scottrade right now.
    I have little knowledge about everything, and would love some book recommendations, website recommendations, etc that really dumb things down and give a strong foundation.
    Any and all input is much appreciated!
    Thanks. Looking forward to really learning, and hopefully contributing in the future, on this forum
  2. rio

    rio Member won penny contest 4x won weekly contest 2x won feb/12 simulator won jan/12 simulator

    Trading for dummies haha...that was the first book and audio book i got when first setting foot into this craziness...

    There is a ton of information online and places like this forum, marketwatch, investopedia, and google. It just takes time and patience to learn it all...
  3. comma

    comma New Member

    Haha, thanks. I'll give that a look.
    It just seems like there is so much information online...I don't know where to start!
  4. John Bradford

    John Bradford Member

    A good place to start would be the library and any Investing for Dummies types of books.

    Two particular books I'll call out are Rule #1 by Phil Town and The Little Book that Beats the Market by Joel Greenblatt.

    Both of these are basic fundamental analysis books that try to boil down the vastness of FA into something that is easily digestible.

  5. annac

    annac New Member

    read some trading psychology books. trading for a living by alexander elder is a good one. you can also use investopedia to get definitions and learn more about certain topics
  6. timlisten123

    timlisten123 Member

    technical analysis of the financial trend if you are interested in learning short term trading. It is a book for complete beginners.
  7. Once upon a bagel

    Once upon a bagel New Member

    I agree with Investopedia, all the information is there, that and a few books have been my source so far and have helped me big time!

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