Anyone read any good books?

Relax and chat about anything not covered elsewhere.
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PeterLe
Posts: 3715
Joined: Wed Apr 15, 2009 3:19 pm

TheRiddler wrote:Enemy Number One by patrick veitch is a good book although its more about mindset of punting than trading although both are intrinsically linked.
I missed this post the first time around..
I'm just half way through this book...there are some interesting points in there that makes you think...and also (for people like me, who dont know very much about horse racing in general), the external influences on market prices etc...
Overall a bloody good read! (Cheap on Amazon too)

regards
Peter
PS When you read this and you see the stakes/profit involved, it made me think that I'm just playing at this!! He's making as much in a month as I'm likely to make in a lifetime, maybe I should throw caution to the wind a little...(calculated risk of course! :) )
Iron
Posts: 6793
Joined: Fri Dec 11, 2009 10:51 pm

For financial market trading, I'd recommend a book called Trading Chaos (2nd edition - I don't recommend the first edition!).

It contains good technical info on how to trade, as well as exercises to help get you get the most out of your mind (including this one: http://www.highlysensitivesouls.com/art ... gpages.htm).

If you want to get the most out of your mind, I'd recommend this book (even though it has nothing to do with trading): The Three Minute Meditator by David Harp. Its techniques have the power to change your life.

Jeff
Matt wrote:I'm currently reading Technical Analysis for Dummies at the moment but could do with ordering something else for when that's finished.

Can anyone recommend a good book that they've read which they found helpful?
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CaerMyrddin
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Joined: Mon Sep 07, 2009 10:47 am

I read 'The disciplined trader' and must say it had a great impact on my trading style and discipline.

I got 'Trading in the Zone' and will be reading it during vacation (one week away :D ).
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willooo
Posts: 19
Joined: Thu Apr 29, 2010 11:48 am

In my view anyone pursuing an income/career in the markets, be they financial, sports or any other, should read "Fooled By Randomness" by Nicholas Taleeb (hope I spelt his name right).

It won't teach you how to trade but it will open your eyes to how we can be (and most are) sucked into thinking we have cracked something when really we are just outliers in a probability distribution.

It's a must read and will keep you grounded.

Cheers
DaveA2004
Posts: 37
Joined: Sun Apr 19, 2009 3:21 am

Mastering Betfair by Pete Nordsted (Harriman House). Doesn't cover horse racing but very good on tennis and pre-match footy.
Rubik

I thought it was very poor.
RonA
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Joined: Wed Apr 29, 2009 12:47 pm

I thought it was pretty good myself . :)
herbie
Posts: 342
Joined: Mon May 11, 2009 8:56 pm

Way of the turtle...
PeterLe
Posts: 3715
Joined: Wed Apr 15, 2009 3:19 pm

I had a book bought for me at Christmas - "Why does E=MC2"..Brian Cox
It was a book that I had intended buying and must have mentioned it at some point...I have always wanted to know what the most famous equation ever was all about..and understand it

I know that it wont be everybody's cup of tea, but I'm finding it really interesting. It is written in very easy to understand terminology (Mind you I'm only half way through yet!)

If nothing else, it makes you think about things in a different way..and forget all preconceived ideas..for example 4 dimension Time/Space...although it can be hard to get your head around it; just because you cant see it, doesn't mean it doesn't exist (It gives an example of the magnetic field..150 years ago, people wouldn't have believed that such a thing existed as it could not be seen..but now of course, we know for definite).

Anyway, it you enjoy mathematics and have an inquisitive mind, then worth a read! :D

Got to go; time is flying this morning! ;)
regards
Peter
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CaerMyrddin
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Joined: Mon Sep 07, 2009 10:47 am

http://www.amazon.co.uk/Things-They-Don ... 700&sr=8-1

Read this one on vacation and it very interesting.

Sometimes the author has a biased view that he admits it, but an eye opener.

Pretty sure SuperFrank will agree with most of it.
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gazuty
Posts: 2547
Joined: Sun Jun 26, 2011 11:03 am
Location: Green land :)

The Signal and the Noise. See my book review.

viewtopic.php?f=2&t=7040&p=55155&hilit=Silver#p55155
Last edited by gazuty on Fri Jan 04, 2013 12:59 am, edited 1 time in total.
Iron
Posts: 6793
Joined: Fri Dec 11, 2009 10:51 pm

I've been reading this book, which is an interesting exploration of human cognitive biases: http://www.amazon.co.uk/You-are-Not-Sma ... 1851689397

Jeff
lord
Posts: 51
Joined: Sun Apr 19, 2009 2:26 pm

Thinking Fast And Slow - Daniel Kahneman. It will change the way you think - and gives an insight into the way others think.
switesh
Posts: 527
Joined: Mon Jul 11, 2011 8:43 am

Poor Charlie's Almanack

Haven't read it yet, but got a copy of it and am looking forward to reading it.

Here's an amusing pic from the book :)

...and a wise quote:
"Capitalism works best when there is trust in the system." - Munger
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Kalumpus
Posts: 45
Joined: Wed Mar 27, 2013 12:04 pm

Any of the above mentioned great choices - I'd add 'Fooled by Randomness' The Hidden Role of Chance in Life and in the Markets by Nassim Taleb. Also,'Thinking Fast and Slow' by Daniel Kahneman.
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