Internet Trading: A Complete Guide by Peytel Elpesh and Peytel Prayen

Trading on a real exchange and online trading have much in common, but there are also some differences.

Books on forex and stock trading mostly focus on how trades are executed on the trading floor.

Moreover, the events described in these books took place decades, and sometimes hundreds, of years ago. Therefore, their value in today's world is rather questionable.

If you decide to trade stocks or currencies online, you should learn from more modern online trading textbooks.

The book "Internet Trading: A Complete Guide," written by the Patel brothers, will help you learn online trading, taking into account all the important nuances.

One of the brothers, Elpesh Peitel, is a fairly successful trader who trades online himself, so he knows firsthand what he's talking about.

Brief summary of the book's contents:

1. Going Online – This section will explain what equipment and software you need to make online trading a reality. Unfortunately, the information provided is outdated, but you can still find up-to-date information.

2. Online trading – the fundamentals on which this process is based, as well as the psychological attitude of an online trader.

3. How to Get and Use News – A very useful section that will help you learn how to use information sources.

4. Technical analysis – or rather how to use it when choosing the most promising security, technical analysis tools and basic strategies.

5. Fundamental analysis – indicators characterizing a company's performance. The role of dividend size when choosing a stock to buy.

6. How to trade stocks online – organizing online trading. Everything from choosing a broker ending with opening transactions and analyzing the results.

After reading the book, one can say that the textbook is quite interesting, but since it was published in 2003, much of the information provided is outdated.

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