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Starting off in trading

  • 19-01-2009 4:36am
    #1
    keane2097
    Registered Users, Registered Users 2 Posts: 17,787 ✭✭✭✭


    I've been lurking this forum for a while and some of the stuff ye discuss is pretty interesting. I'd like to understand more of what ye're talking about and maybe get involved but I have no background as far as investments and markets are concerned...

    So can anyone recommend a good book to look for to give me the basics of the stock market?

    Or a website where I can get started (preferably free)?

    Thanks guys...


Comments

  • #2
    GiftofGab
    Registered Users, Registered Users 2 Posts: 2,428 ✭✭✭GiftofGab


    Hey im in the same boat, would love to get involved. I touched a bit of the subject in college but not enough. I need a good book to start of with the basics and learn from there.

    I heard it should take over a year to start of playing with real money and make some profits.


  • #3
    ixus
    Registered Users, Registered Users 2 Posts: 2,435 ✭✭✭ixus


    keane2097 wrote: »
    I've been lurking this forum for a while and some of the stuff ye discuss is pretty interesting. I'd like to understand more of what ye're talking about and maybe get involved but I have no background as far as investments and markets are concerned...

    So can anyone recommend a good book to look for to give me the basics of the stock market?

    Or a website where I can get started (preferably free)?

    Thanks guys...

    Checkout post number 2 here:
    http://boards.ie/vbulletin/showthread.php?t=2055443122

    Also, maybe read The Intelligent Investor by Benjamin Graham

    And do a search for books in this forum. Should get you started.


  • #4
    blocparty
    Registered Users, Registered Users 2 Posts: 447 ✭✭blocparty


    it kind of depends on what kind of investor you are, if you want to get into technical analysis then id advise a book by John J Murphy "technical analysis of the financial markets" TA is the study of charts, price and volume to decipher where the markets will move in the future.

    id also recommend "reminisces of a stock operator" despite it almost being a 100 years old it is still widely considered as the best book going

    another book is "come into my trading room" by alexander elder


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