I recently read "Elliott Wave Principle: Key to Market Behavior" by Robert R. Prechter to better understand trading vocabulary. Technical analysts often justify price actions using econometrics, order book flow, and candlestick patterns. Some traders like Paul Tudor Jones III use indicators based on chart aesthetics, or the Wave Principle to anticipate and profit in the market.What is the Elliott Wave Principle? Developed by Ralph Nelson Elliott in the early 20th century, the Wave Principle s...

I just finished reading Japanese Candlestick Charting Techniques, Second Edition by Steve Nison, and this book has helped tremendously in demystifying candlestick chart reading. Many sites today teach candlestick reading, but through further research, I discovered that these web resources often use this book as their primary reference. Interestingly, since the practice originated in Japan, the author himself disclaims that this book is based only on material translated into English. (Oriental...

Wayne Gretzky's legendary quotes like "You miss 100% of the shots you don't take" and "I skate to where the puck is going to be, not where it has been" only scratch the surface of his genius. Recently diving into "Gretzky: An Autobiography" by Wayne Gretzky and Rick Reilly opened my eyes to the mind behind hockey's greatest player. The numbers tell an astonishing story of dominance: Gretzky's career points total 2,857, towering over the second-place holder's 1,921. Even more impressive, if he...

Self Help by Samuel Smiles is a book originally published in 1859 and is considered 'the bible of mid-Victorian liberalism'. The writer uses eminent figures of his time to exemplify the virtues of self help. I read Self-Help to understand the crucial points and aspects of myself I can focus on and continue to improve. This journey of self-improvement is particularly relevant to my financial development and my endeavors in the crypto industry. The book offers timeless principles that ...

My sentiments while positioning into a market as a naive and hopeful boy with wishes of riches start with looking at a chart. The candlesticks are more or less random until I keep looking at them and start making patterns on them. I start to notice support and resistance lines at certain price areas. I think to myself, if this goes any lower, I'll be buying at a discount since it all has to return to its previous highs, I assume. I'm a patient person, I think of myself, and now I also think, ...

Dr. Kent Kiehl's The Psychopath Whisperer is a captivating exploration into the dark realm of psychopathy. By delving into the neuroscience of this complex disorder, Kiehl offers a unique perspective on the minds of those who lack empathy and remorse.