TTP Reading Challenge – Book 2

Thank you for those of you who are taking on this challenge with us to study, work hard and improve ourselves both in and out of trading. For Book Two in our challenge, please see below.

For Book 1 of the challenge, which started on Week beginning Monday 12th August 2019 we chose the following:- If you didn’t see the previous post and you wish to join in, then you can find the book on Amazon below.

Book Title: The Magic of Thinking Big

814n2fhKdvL

Available from Amazon – to purchase select your usual Amazon store from the list below:

Amazon UK; Amazon USA; Amazon Canada; Amazon Germany; Amazon France; Amazon Spain; Amazon Italy;

 

 

BOOK 2 – Week beginning Monday 19th August 2019

Book Title: Reminiscences of a Stock Operator

Available from Amazon – to purchase select your usual Amazon store from the list below:51wdpi-ZKEL._SX316_BO1,204,203,200_

Amazon UK; Amazon USA; Amazon Canada; Amazon Germany; Amazon France; Amazon Spain; Amazon Italy;

Book Summary: This book doesn’t really need any introduction – if you have been around Trading for any length of time it is likely you will have heard of this book and of Jesse Livermore, on who this book is based on. Many of you will have read this, but there is such a wealth of knowledge in this book that it is never a bad idea to read it many times over.

The book starts with the journey of a young trader who begins in ‘bucket shops’ where he learned how to buy and sell stocks. After some time of making profit, these bucket shops began turning him away, and thus he had no choice but to hit Wall Street, New York. The book contains a wealth of valuable advice and teachings that was learned and experienced during this journey, much of which is still hugely applicable in today’s World of Trading.

In New York, he struggled to adapt and implement the system that made him so profitable in the bucket shops. The story gives details on how he fails, picks himself up, tries again and again to make it work in New York.

He also made several wrong trades that almost wiped his account out, however he was very quick to accept these experiences as lessons from the market, rather than take anything personally.

There is a wealth on knowledge and insight in this book, so much so that I always seem to pick up something new each time I read it – as such it is definitely worth including in our list.

 

We hope you join us in this, and if you do, I know you will greatly benefit from it – Remember in order to progress in life it’s critical that we keep ourselves in a growth mindset.

When you have finished reading this book we would love to hear your thoughts and insights on what you took away, what lessons you learned – please use the comment box below!

Also please share this article with you friends, especially those who you think will benefit from reading a few of the suggested book sand joining in with the challenge.

God bless, and Happy Trading!

TTP

 

 

 

 

8 thoughts on “TTP Reading Challenge – Book 2

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s