What all Books should a Beginners or any experienced trader must read for Trading & Investing.

Trading Books for Beginners:

1. Japanese Candlestick Charting Techniques by Steve Nison

2. Zerodha Varsity Modules

3. Getting Started in Technical Analysis by Jack Schager

4. Technical Analysis of the Financial Markets by John Murphy

5. Technical Analysis of Stock Trends by Robert D Edwars & John Magee

6. Reminiscences of a Stock Operator

7. Market Wizards by Jack D Schwager

8. Come into my training from by Alexander Elder

9. Secrets for profiting in Bull and Bear markets by Stan Weinstin

10. The Disciplined Trader by Mark Douglas

Books on Investing:

1. Common Stocks and Uncommon Profits by Philip Fisher

2. Security Analysis by Benjamin Graham and David Dodd

3. The Intelligent Investor by Benjamin Graham

4. Learn to Earn by Peter Lynch

5. Fundamental Analysis for Dummies by Matt Krantz

Comments

My Intraday Trading Setup for Stocks!

This setup I have taken from the internet means I have not paid anyone for this and I tested and then modified it according to my personality and preferences related to timeframes and different indicators from which I get good results. And also risk management and position sizing is an important aspect too. You can test and modify according to your personality that is why the time frame and indicator selections are up to since I will not enforce anything on you by saying that this will work or not work or it is a very profitable set-up. My Intraday Trading Setup:- For Long:- Above VWAP, Range breakout(S&R)-Previous day High & Low, EMA Cross(9/10,18/20) & Supertrend. Previous candle high should be broken then Enter. For Short:- Below VWAP, Range breakout (S&R)-Previous day High & Low , EMA Cross(9/10,18/20 ) & Supertrend. Previous candle low should be broken then Enter. For Entry:- Look for 1/3/5 min TF and for TSL look for 3/10/15 min TF.{In multiples of...

Mitesh Bhai Gyan

For intraday 3 min charts For positional at least 30/75 min charts First look at daily charts and find direction. Then look at 60 min chart and find support and resistance and then find the intraday trend and then Thoko.(Daily>60min>3min>Execute) The biggest mistake of every trader is that they are predicting target and taking trades based on target and that's view is preventing them to change as per market direction. Manage position w.r.t market movement, Deploy capital in phase manner 25-50-75-100%. Play straddle only when VIX is low, Intraday is different. I do for positional. For Intraday you have fixed SL, you can use capital as per your risk. Identify last week range if in current week BN trading near low range sell only calls. If trading near high sell only put. If trading in between range sell both call and put. Strike to sell - select at least 1-2% away strike from high/low range if BN trading in middle If near high sell put at last week low strike. If at low sel...

Mitesh Patel: The angry young man of options trading tips & tricks

Mitesh Patel: The angry young man of options trading tips & tricks -The main lesson that I learned from the book was not to sell short when the market is in an uptrend or to buy when the market is in a downtrend. -In a rising market, the stop loss was kept below the previous low while in a falling market it was above the previous high. -My next step was to mix technical analysis with options selling. I used the support and resistance points to initiate a trade. -If the market moved higher after testing the support levels, I would sell the puts, and if it fell after testing the resistance levels, I sold calls. -Only if it lingered between the support and resistance line would I create a short strangle trade. -Suppose the Bank Nifty reverses from a support level at 26,500, I will sell a 26,200 Put. The strike on which I trade has to be 1 percent away from the support or resistance level. If the Bank Nifty is breaking the previous trend, I will cut m...

No One is Born a Great Trader, One Learns by Trading.

Search This Blog