I would like to find a comprehensive text on trading and short term speculation for a begginer/intermediate level investor.
Please recommend an authoritative text that covers lessons to self discipline as well as strategies, tools for information analysis etc.
I have recently made a few trades. One was very profitable however if I held the stock for two more days I could have made a considerable amount more.
I have also made the mistake of buying a stock at a 'peak' of a recent rally. My thinking at the time was that the price of the stock one year ago was over $2, now it has risen to 0.35 from 0.07. If I do not enter now I will regret it. My rational side was telling me to wait or place an order at 0.25. I actually did place that order but then I amended it to 'at market'. Now the stock is worth 0.25.
These were good lessons. I don't know if reading a book will help. But if anyone can recommend a good one please do.