Recommended Stock Trading Books - What You Can Learn From Stock Trading Books and What You Cannot

Feb. 24, 2011 - PRLog -- Recommended Stock Trading Books

As the number of companies whose stock is traded in the stock exchanges has grown, so has the number of investors. Moreover, in the last ten to fifteen years the number of retail investors has grown sharply primarily due to the increase in the number of online brokerage firms and their marketing programs. All this in turn has meant a huge surge in the number of stock trading books that are now available in the market. There are stock trading books from experts and there are stock trading books from unknowns. There are just a lot of them.

So, we have been asked this question often and thought that a small note on the topic would be helpful. The simple answer to the question is that you can learn a lot, but not everything. If that sounds obvious, then hold on. We do want to say something more important than that. One of the most important aspects of trading that we do not see covered enough is the emotional and psychological side of things.

That seems logical enough since a stock-trading book written by someone will be very much based on the author's emotional and psychological perspective. The author has no idea about the reader's perspective. So let us see what are some of the most important things one can learn from stock trading books. And we will consider readers with all levels of trading expertise. Get Internet #1 - Recommended Stock Trading Books @ http://tradingcure01.webs.com and be Successful forever!

   * A completely new stock trader can learn how to get in the market. That means how to trade stocks and other instruments.
   * One can learn about all the factors that go into making a fundamental analysis on an economy, industry sector or an individual stock (company).
   * One can learn about all the indicators to be used to do technical analysis or charting as some traders call it.
   * One can learn about different styles of investing from reading up on Benjamin Graham, Warren Buffett, Peter Lynch, Jim Cramer and others.
   * One can get information on the historical events and patterns of stock market and what were the symptoms and reasons for those events and patterns.
   * One can understand industry sectors, market capitalization, cyclical patterns, economic indicators, etc.

As you can see, one can pretty much find useful information in any stock-trading book. So what are we driving at? What we are saying is that one can get all the information one needs, and learn all the tricks of the trade, but one cannot learn trading. The actual act of trading is a deeply personal thing and everyone should keep it personal. By keeping it personal we do not mean not to share your trading philosophy and style with others. We mean that one needs to develop the trading philosophy and style on their own. We do think that everyone can model his or her trading style based on someone else's style.

For example, a lot of traders we know, base their style on the value investing style preached by Benjamin Graham. But even then, we think that there will be subtle changes that anyone will need to make to be truly successful. And yes, it is hard to believe, but we want to repeat that emotion and psychology of the trader has a lot to do in their success of their trades. More on this will be covered in another article. Get Internet #1 - Recommended Stock Trading Books @ http://tradingcure01.webs.com and be Successful forever!

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Get Internet #1 - Recommended Stock Trading Books @ http://tradingcure01.webs.com and be Successful forever!