Hey, thanks! Useful links, especaly the Quotetracker.com! Iīm definitely going to try this one.
Btw, did anyone ever use Metastock? Does it enable to scan stocks with predefined parameters?
Posted by Machiavelli on :
I haven't used Metastock but want to... a friend of mine is suppose to get me the software... if you buy it, it will run you around $400 + to buy... they sent me a catalog awhile back and all their software looks good... but not free...
Posted by pirx on :
Yeah, it isnīt exactly very cheap, but Iīll test drive it for a while, if I manage to get it "you know where" , and then decide if I want it.
Anyway, probably it would be a good idea to read atleast one good book about TA. If you want one, let me know and I can send it to you as a .PDF file.
Posted by Machiavelli on :
Oh i dont need any books on TA.. i have dozens of books... as anyone on this forum can tell you LoL ...
Posted by pirx on :
Allright then!
Posted by Machiavelli on :
here's some recommendations if you do not have these.. all excellent books...
Learning to Trade books:
A Beginner's Guide to Short-Term Trading by Toni Turner www.toniturner.com (I highly recommend this one for beginner's especially ones who are interested in swing/position trading.. she also has one for Daytrading but i dont recommend beginner's get into Daytrading until they have gained some experience in trading first and to me at least Swing/Position trading is less risky then Daytrading... also Toni's new book comes out in July... i Pre-ordered it and recommend others buy it too if your a fan of her books)
Short Term Trading, Long Term Profits by Jon Leizman (can be bought cheaply on Amazon.com and other sites)
How to make money in Stocks by William J. O'Neill (Amazon.com etc.)
How I made $2,000,000 in the Stock Market by Nicolas Darvas (Amazon.com etc.)
Come into my Trading Room by Alexander Elder (Amazon.com etc.)
Trading for a Living by Alexander Elder (Amazon.com etc.)
How to Trade in Stocks by Jesse Livermore (Amazon.com etc.)
Trading minds books:
Market Wizards by Jack Schwager (Amazon.com etc.)
The New Market Wizards by Jack Schwager (Amazon.com etc.)
Reminiscences of a Stock Operator by Edwin Lefevre (Amazon.com etc.)
Trend Following by Michael W.Covel (Amazon.com etc.)
Posted by pirx on :
Hey, thank you very much for the detailed post! I own some of these books and Iīll look into these recommended ones. Only too bad that I donīt have a international credit card, so I canīt order them at Amazon Posted by Machiavelli on :
there's other sites you can order from that carry them... probably best to pay by check or Money Order..
Posted by pirx on :
Hmm... I did not know, that you can use Money Order with these sites. What I usualy did, was to look at the title of the book and order it at my local book store. But that was expensive and it took for ages for the book to arrive.
My first new book is going to be The Market Wizards I have seen the .pdf version of it, but it seems to be corrupted. As far as I could read it, i got the feeling it contains a lot of of good trading experience!
Posted by Machiavelli on :
yes.. The Market Wizards is a very good book... i especially liked the interview with William O'Neill though i didnt agree with him on everything especially not using Oscillators.. I just got a new book in the mail.. it is Toni Turner's new book : Short Term Trading in the New Stock Market ... can't wait to start reading it...
Posted by pirx on :
I got the Market Wizards today, woohooo! It seems very interesting!
Posted by Machiavelli on :
yea it is very interesting.. but do not take everything that is said in the interviews as Gospel... as you read the different interviews you will notice they all have different trading approaches.. the lesson of the whole book really is to find your own trading style.... that works for you... what works for someone might not work for you and vice versa...
Posted by pirx on :
Thanks for the insight! The book is very enjoyable to read, it is nice to learn about experiences of successful trades/investors.
My next books on queue for reading are: - The New Market Wizards - Trading for a Living (Alexander Elder) - Reminiscences of a Stock Operator (Edwin LeFevre)
Which good book would you recommend about Technical Anlysis for stock markets?
Posted by slim on :
how to make the stock market make money for you by ted warren. Book is now out of print you may be able to get it@Amazon.com. Very good book on the market, written in the 60s. There are better technical books than this one, but for me this is the Bible. A lot of young people have never heard of ted warren, very interesting man, became very wealthy check it out.
Posted by pirx on :
Thanks, I will try to find it in a library. It seems to me, that these older books are kinda of more thoughtfuly written... they seem to contain so much more wisdom!
Posted by Machiavelli on :
quote:Originally posted by slim: how to make the stock market make money for you by ted warren. Book is now out of print you may be able to get it@Amazon.com. Very good book on the market, written in the 60s. There are better technical books than this one, but for me this is the Bible. A lot of young people have never heard of ted warren, very interesting man, became very wealthy check it out.
I'm aware of him... i first heard about him through the Ken Roberts Futures/commodities course...
Posted by Machiavelli on :
Technical analysis books:
A Beginner's Guide to Short-Term Trading by Toni Turner www.toniturner.com
Short-Term Trading in the New Stock Market by Toni Turner www.toniturner.com
Technical Analysis from A to Z by Steven B. Achelis
The Candlestick Course by Steve Nison www.candlecharts.com Posted by Machiavelli on :
I dont have this book but it looks good and i might get it myself.. :
A Trader's Guide to Technical Analysis by C. Colburn Hardy
Posted by pirx on :
Thanks for the suggestons! I apprechiate it!
Btw, I have found this very interesting site with a lot of usefull stock market software on it!
![[Wink]](wink.gif)
, and then decide if I want it.![[Smile]](smile.gif)
Allright then!
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