|
Quote: |
|
 |
|
|
Oh boy they saw you commin'!:p
Before I go too deeply into anything, what books are you referring to?
And also, have you looked into any low cost chart services like Sierracharts? Those IB charts are just tough on the eyes.
I have some advice for you, but I am really interested in what trading literature you have been getting into first... |
|
|
|
|
Hey Paul. The first book I started was Toni Turner's beginner's guide to day trading online. I read about 100 pages of it but it wasn't going smoothly, so I dropped that book and picked up The Complete Idiot's Guide to Daytrading Like a Pro. At first I shunned that book because I have a bias against these Idiot's books as "fake books" and also didn't like them calling me idiot. But I bought it and after finishing it I have to say it was an excellent beginner's book that made sense to me. Very straightforward and lacking the motivational green tea mumbo jumbo of Toni's book.
Then I read this neat little book which I don't remember the name of it, I think it was called sticky charts or something. I read that at barne's and nobles without purchasing it. It was very good beginner's book about trendlines, chart patterns, and reading volume. I also read at barne's and nobles this 50$ book, I don't remember the name, I think it was Tricks of Daytrading or something. It was ok. Then I bought The Market Maker's Edge by
Josh Lukeman. I'm still reading that but it seems like a good book. After I finish that I will go back to Toni's book.
I'm also reading the beginner's forum from the beginning to the present. I got 2 more pages to go on that. I have to say it is very excellent.
To answer your question about Sierra Charts, I did look at them for a moment and did install their software but I was not very impressed. It seemed a bit crude, but I will look at them again because I did not spend much time looking at it.