Any must read books in regard to trading?

[0dd]

Hello!
I am very new to trading betfair and have no experience what so ever. As of right now I just started looking at markets and trying to learn all of the betangel features.

It hit me I should listen to some audio books at work to speed up my learning of trading.

Do you guys have any tips of books that you found helpful?
Right now I just started with ”Trading in the zone” at audible.
I have heard alot of good things about ”Market Wizards” so that will probably be the next one I listen to!

Any tips would be appreciated!

[arbitrage16]

Trading in the Zone and The Disciplined Trader are both worth reading, market wizards less so because it is more focused on financial markets.

If you are manual trading, find out what your psychological frailties are and find a book or therapy that can help you to figure them out.

[0dd]

Trading in the Zone and The Disciplined Trader are both worth reading, market wizards less so because it is more focused on financial markets.

If you are manual trading, find out what your psychological frailties are and find a book or therapy that can help you to figure them out.

Thank you will have a look at that.

I want to be manual trading, but I just started out. I have spent some time to think about my frailties and I find it harder than I think It should be( ). One thing I do know I need to watch out for when using small stakes when learning( as seems perfectly sane )... I'm not sure not I would treat it with the respect it deserves. I'm afraid I would act very different with a €2 bet compared to €500 just because I really do not care that much about the €2 loss. And If so training with small stakes would pretty meaningless. So that's one I'm already alert on before even starting trading.

[to75ne]

Trading in the Zone and The Disciplined Trader are both worth reading, market wizards less so because it is more focused on financial markets.

If you are manual trading, find out what your psychological frailties are and find a book or therapy that can help you to figure them out.

Thank you will have a look at that.

I want to be manual trading, but I just started out. I have spent some time to think about my frailties and I find it harder than I think It should be( ). One thing I do know I need to watch out for when using small stakes when learning( as seems perfectly sane )... I'm not sure not I would treat it with the respect it deserves. I'm afraid I would act very different with a €2 bet compared to €500 just because I really do not care that much about the €2 loss. And If so training with small stakes would pretty meaningless. So that's one I'm already alert on before even starting trading.

"I'm afraid I would act very different with a €2 bet compared to €500 just because I really do not care that much about the €2 loss. And If so training with small stakes would pretty meaningless. So that's one I'm already alert on before even starting trading.
[/quote]
"
you would be off keeping well away from £500 stakes until you build some sort of repect for a £2 stakes.

[0dd]

Trading in the Zone and The Disciplined Trader are both worth reading, market wizards less so because it is more focused on financial markets.

If you are manual trading, find out what your psychological frailties are and find a book or therapy that can help you to figure them out.

Thank you will have a look at that.

I want to be manual trading, but I just started out. I have spent some time to think about my frailties and I find it harder than I think It should be( ). One thing I do know I need to watch out for when using small stakes when learning( as seems perfectly sane )... I'm not sure not I would treat it with the respect it deserves. I'm afraid I would act very different with a €2 bet compared to €500 just because I really do not care that much about the €2 loss. And If so training with small stakes would pretty meaningless. So that's one I'm already alert on before even starting trading.

"I'm afraid I would act very different with a €2 bet compared to €500 just because I really do not care that much about the €2 loss. And If so training with small stakes would pretty meaningless. So that's one I'm already alert on before even starting trading.

"
you would be off keeping well away from £500 stakes until you build some sort of repect for a £2 stakes.
[/quote]

Yes this I understand . As of right now I'm keeping well away from even £2 stakes since I have no idea what is actually happening. I just try to read to learn and just sit and watch the market doing to me clueless things.
I feel like to trade as of rn would just be to no benefit. Because any win I could never replicate and It would just be based on pure luck.

[Emmson]

Thinking Fast And Slow is the book that helped my trading, in so much as fast thinking is not invalid.

[0dd]

Thinking Fast And Slow is the book that helped my trading, in so much as fast thinking is not invalid.

Okay will have a look, would be nice to have some audio books stacked up.
Thank you

Edit; I tried to find this book on Audible but sadly they just had Summarys, anyone had a go with those? Worth paying for.... ?

[Anbell]

I feel like to trade as of rn would just be to no benefit. Because any win I could never replicate and It would just be based on pure luck.

It is very difficult to learn anything unless you are in the market placing bets

[decomez6]

I feel like to trade as of rn would just be to no benefit. Because any win I could never replicate and It would just be based on pure luck.

It is very difficult to learn anything unless you are in the market placing bets

+1
-Cognitive Bias Codex
https://forum.betangel.com/viewtopic ... 6&t=20939

-Trading the Mental Game
https://youtu.be/CBc6UfSTSls

good reads and good listen but experience is the best teacher. Helps Know the market and its participants .

[Euler]

Curiously I've never read Trading in the Zone. I sort of don't want to know as I found my own way and I'm happy here. But if you are interested in it ChatGPT seem to know it well, so you could use that as a tutor.

[BFDon]

Agree with others that experience and time in the market is far more valuable than any book. I thought Trading in the Zone was good, didn't make a difference to how i traded though

[decomez6]

sort of don't want to know as I found my own way and I'm happy here.

ROCK , paper, Scissors

https://youtu.be/rudzYPHuewc

Easy and works perfectly fine

[ShaunWhite]

Curiously I've never read Trading in the Zone.

Dont bother, the title says it all. It's just 140 pages of 'stay focused and don't be a dick"

The only interesting chapter was about estimating ranges. Eg being asked a question you won't know the answer to, and picking a range of answers that you're 50% sure about. Ie the idea that your uncertain guess has its own uncertainty. Eg you think the moon is 200-275,000 miles away, and you're 50% sure that's right.

Other than that, just "stay in the zone"

[Euler]

I note he was never successful as a trader, which was why I never read it.

[0dd]

I feel like to trade as of rn would just be to no benefit. Because any win I could never replicate and It would just be based on pure luck.

It is very difficult to learn anything unless you are in the market placing bets

That seem very true, I just feel I would like to learn abit more before doing so. Barely a week into this and have no previous experience with betting so all very new to me.

+1
-Cognitive Bias Codex
https://forum.betangel.com/viewtopic.php?f=36&t=20939

-Trading the Mental Game
https://youtu.be/CBc6UfSTSls

good reads and good listen but experience is the best teacher. Helps Know the market and its participants .
[/quote]
Thank you will look it up.

Curiously I've never read Trading in the Zone. I sort of don't want to know as I found my own way and I'm happy here. But if you are interested in it ChatGPT seem to know it well, so you could use that as a tutor.

I find it usefull as a total beginner to get to know what mindset could be benificial... but If you already have it figured out and it works I think it be counterproductive.
if it ain't broke, don't fix it