Reading a lot of books does not grant you success in trading and investing (same with watching lots of Youtube videos).
It doesn't matter what books you read, it depends on what stage you're in that you read certain books.
Don't read books, use books. And that's a big distinction. It's all about implementation.
Reading should give you clarify and clarity gives you the power
Information is just facts, data, numbers, figures, theories, principles. That's just information. There's a lot of information on the internet. There's a lot of information on YouTube. There's a lot of information on Google, there's a lot of information, but the information itself does not help you.
So here are four (not in order) books that you can start reading and taking actions on.
Written by a Filipino author and is perfect for beginners, advanced traders, and investors. The trading techniques and principles that you will learn in The Trading Code are simple, you can replicate, and effective in any time frame, any stock, and any market.
New Traders are greedy and have unrealistic expectations; Rich Traders are realistic about their returns. This is a very useful book for beginners and those who are finding it difficult to trade.
You'll gain valuable knowledge as he shares lessons, trading truths, and specific tactics--all derived from his 30-year career as one of America's most successful stock traders.
Not a stock market trading book but a good read. The book explodes the myth that you need to earn a high income to be rich and explains the difference between working for money and having your money work for you.
And the only way you get the experience as you f*** up a lot, right? You make the mistakes. You see if this stuff works.
You cannot get wisdom without experience. You have to go through all of that.
Now you can simplify everything that you do. And there are only a few things that you need to do to get you the results.
You don't need to do
Convert information to knowledge, and knowledge to experience
Don't read books, use books,
Cristina