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Trading is a complex and demanding process that requires a deep understanding of the market and financial instruments. To become a successful trader, you need to acquire knowledge and skills, as well as learn strategies and approaches that will help you make informed trading decisions. In this article, we will present you a selection of the best books on trading that will become your reliable guide in the world of financial markets and investments.
Before you start, we suggest you familiarize yourself with some basic information about trading: https://samuelssonsrapport.se/inledning-till-trading/
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“Trader’s Trial: How not to lose your soul while gaining experience” – Brett SteinbargerÂ
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In this book, Brett Steinbarger, a psychologist and trader, shares his experience and important lessons he learned on the way to success in trading. The book focuses on the importance of a trader’s psychological state and controlling emotions while trading. It provides valuable advice on risk management, goal setting, and trading strategy planning.
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“Intramarket Trading” – John MurphyÂ
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John Murphy is one of the most famous authors in the field of trading. In this book, he explores the relationships between different financial markets and shows how this knowledge can be used to make better trading decisions. From analyzing equity markets to commodities and the foreign exchange market, this book provides insights and tools for traders looking to broaden their market overview and increase their opportunities.
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“Technical Analysis of the Stock Market” – John MurphyÂ
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This book is a classic guide to technical analysis, which is an important component of trading. John Murphy takes a detailed look at various technical analysis tools such as charts, indicators, and models and teaches readers how to understand and apply them to predict prices and determine entry and exit points. This book is an essential resource for traders looking to improve their analysis and decision-making skills.
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“The Trading Market” – Jack SchwagerÂ
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Jack Schwager, a well-known financial writer, interviews the world’s most successful traders in this book and shares their stories and strategies. The book provides a unique opportunity to look at trading from different perspectives and learn valuable lessons from professionals. It provides deep insight into trading methods, trader psychology, and important aspects of success in the financial markets.
Choosing the right books on trading is an important step to improve your skills and develop successfully in this field. Books such as Brett Steinbarger’s The Trader’s Challenge, John Murphy’s Intraday Trading and Technical Analysis of the Stock Market, and Jack Schwager’s The Trading Market provide valuable knowledge, practical advice, and insights from experienced traders. Mastering these materials will help you improve your understanding of the markets, learn strategies and approaches, and increase your chances of success in the world of trading.
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