Stock Trading - Suggested Reading

Solac

Hi

I have little or next to no knowledge how stock trading works, are there any books or online reading you can reccommend into how it works and operates and where one would begin. I am not initaially thinking of putting thousands into this, but have always been curious howto one would begin. Many Thanks

LongTermLurker

John Chatfield-Roberts from Jupiter has written a book called Fundology. As you'd expect, it's a bit biased towards Jupiter but it covers all the basics and I found it a good read.

Also check out the articles on inacademy and trustnet.

Aegis

LongTermLurker wrote: »

John Chatfield-Roberts from Jupiter has written a book called Fundology. As you'd expect, it's a bit biased towards Jupiter but it covers all the basics and I found it a good read.

Also check out the articles on inacademy and trustnet.

I actually found the book to be a real let down. It essentially boils down to "it's possible to choose managers who regularly beat the markets, but the chances are good that you won't be able to, so buy into my fund range and let me do it for you."

I haven't read any other books that I feel are good, and maybe Fundology would be a nice starting point for someone looking at the very basics as it talks at length about what unit trusts and oeics actually are and how purchases and sales of units work, which is useful information for someone looking to invest for the first time.

The_MoneySavingKid

The Naked Trader. Perhaps.

LongTermLurker

Aegis wrote: »

I actually found the book to be a real let down. It essentially boils down to "it's possible to choose managers who regularly beat the markets, but the chances are good that you won't be able to, so buy into my fund range and let me do it for you."

I haven't read any other books that I feel are good, and maybe Fundology would be a nice starting point for someone looking at the very basics as it talks at length about what unit trusts and oeics actually are and how purchases and sales of units work, which is useful information for someone looking to invest for the first time.

I thought the same thing - and yes, I was thinking along the lines of your second paragraph.

As you say, it has the feel of a marketing excercise in places but contains a lot of useful fundamental info if you're happy to read past the subliminal "buy me" messages.

GH

If you're a complete beginner I would recommend The Naked Trader. Easy to read with some gems of information. Much harder going is Come In To My Trading Room by Alex Elder. Another is The Way To Trade by John Piper.