Reddit Reddit reviews The New Market Wizards: Conversations with America's Top Traders

We found 2 Reddit comments about The New Market Wizards: Conversations with America's Top Traders. Here are the top ones, ranked by their Reddit score.

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The New Market Wizards: Conversations with America's Top Traders
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2 Reddit comments about The New Market Wizards: Conversations with America's Top Traders:

u/mikkom · 2 pointsr/AskReddit

The real bad thing with trading (which investing actually is, just longer term) is that there really is no place to go for a good advice.

If the OP doesn't have time to do the research, then I would recommend looking into some managed accounts or funds (and doing the research there - it still requires research work).

I trade differently from the parent, I'm a techie/quant (well I do some fundie stuff too) so depending on your history, I would look into different methods on how to trade. There are plenty.

Buy and hold is what some people praise, especially those newbie stock books but I really wouldn't like to advocate that approach but that's just me.

edit: As some people posted links, I'll post some good books - forums tend to be full of crap and it takes at least of 6 months (at least, possibly years) to be able to understand who know something and what really is somehing you should be reading so here are some great books:

This is an easy to read, good book for beginners in a form of a story

http://www.amazon.com/Adventures-Currency-Trader-Trading-Courage/dp/0470049480


These two are must

http://www.amazon.com/Market-Wizards-Interviews-Top-Traders/dp/0887306101

http://www.amazon.com/New-Market-Wizards-Conversations-Americas/dp/1592803377


This is a real classic and still relevant

http://www.amazon.com/Reminiscences-Stock-Operator-Investment-Classics/dp/0471770884


This is good if you are interested in technical analysis/trading system design (and not too complicated)

http://www.amazon.com/Reminiscences-Stock-Operator-Investment-Classics/dp/0471770884

u/mediaocrity23 · 2 pointsr/finance

Top books to get into Finance and trading. This first one is by far the most fundamental book. Most jobs you get you will be asked to read this, and even if you aren't its still an amazing read. Published in 1931, still very relevant today, you will read 10+ times over your Finance career

Reminiscences of a stock operator

Then the Market Wizards series by Jack Schwager

Market Wizards

Hedge Fund Market Wizards

The New Market Wizards

This is where I would start. GL