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Fellow Traders,

I have a question for you: do you read any trading magazines ? If yes, which ones are your favorites?

Bye, Gaby

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25 minutes ago, Gaby said:

Fellow Traders,

I have a question for you: do you read any trading magazines ? If yes, which ones are your favorites?

Bye, Gaby

never really looked at any before, usually get most info off the internet or via twitter so had to look up what was around.

https://www.orbex.com/blog/en/2016/11/top-5-trading-magazines-worth-subscribing

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@Gaby,

I personally don’t read any. I think with the Internet there is so much content available online that one does not need to read magazines. Some of it is free but be careful as if you read the wrong content then it could lead you up the wrong path.

For me just plan following the tape on different assets and being in tune with their movements and behaviour is better than most magazines.

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Investors Chronicle devotes a small daily article to TA, I am tempted to subscribe for the insights into businesses and perhaps translating that into SB on shares.  But there's already a lot of free info available.

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@dmedin,

I many years ago used to subscribe to MoneyWeek, Investors Chronicle and Shares Magazines and realised that by the time anything or significance or note is published it is rather late. 

There is no substitute to spending the time monitoring the price action of certain assets you are interesting in trading and living and breathing them. This work is priceless in my opinion and it enables traders like myself to identify potential trading opportunities which may become the strongest trending well before it is even considered or published in the likes of the magazines I have just mentioned.

If you want insight into business then research it on the internet. TA, again there is so much free information available but create your own technical analysis requirements that fit with your trading style and personality. 

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Thanks for all contributions on that topic. I am also not reading any magazine right now and spending all my evening time in updating my analysis and price patterns (I am a part-time trader).  But I wanted to check with other fellow traders if this is also what they do.  The only magazine I really liked is the IBD - but it does not fit with my trading style (I am a scalper, therefore short terms price action is really everything for me....).

Regards,

Gaby

 

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Yes. Did you have a chance to read it? Unfortunately is focused on US shares markets only... on which I do not trade, as I focus mainly on Forex and Commodities.

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@Gaby,

Apologies I only saw your message now. In future if you tag me in then I will be sure to reply a lot more quicker. No sorry I did not have a chance to read it. 

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@Caseynotes,

Is that a magazine you read? I assume you are recommending it as there were no words or anything to go with the link. What is good about the magazine from an investors perspective? What would they gain? I just wanted to know before I even think about reading it. I am sure others on the IG Community may also be interested too. 

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1 hour ago, TrendFollower said:

@Caseynotes,

Is that a magazine you read? I assume you are recommending it as there were no words or anything to go with the link. What is good about the magazine from an investors perspective? What would they gain? I just wanted to know before I even think about reading it. I am sure others on the IG Community may also be interested too. 

I don't look at any but I remembered this one was mentioned on the forum a year or so ago so I thought to add it to the pile. It's well established and free so no harm in browsing.

image.thumb.png.bdcadb575c9def8c279342309b9d411b.png

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The daily small article 'The trader' in Investors Chronicle has actually been quite useful, and it's free.

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@dmedin,

I don't think any magazine should be followed. The analyst who write are no different to any of us. They look at the same charts and news flow as us. Yes, they potentially could have access to more resources than us. MoneyWeek is particularly good at making wrong calls when it tips. Some of the more lazy or more inexperienced traders could easily choose to follow some of these tips and get into a pickle. Usually when tips arrive in magazines it is time to get out of that stock if you are invested in it. 

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@TrendFollower

I like to see other people showing their trades (especially if they can explain it simply and well), and the daily small article from the trader is free and worth looking at even if only to criticize.  :D

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@dmedin,

Fair enough. 

For me there is nothing like good old fashioned ‘watching the tape’. 

Magazines tend to provide analysis, charts and trade recommendations after the price has reacted. This is why when traders jump in the smart money exits with a profit and the dumb money jumps in and ends up more times than not making a loss.

This is why I favour identifying breakouts as early as possible. Then monitoring the price action to establish if a strong trend forms and whether it is stronger than other trends forming. 

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lol I have a pile of books to read instead of magazines.  Enough to keep me occupied for the next five years at least.

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